Listed by Windermere RE/Capitol Hill,Inc
NOT LISTED FOR SALE

Estimated Value: $1,076,000 - $1,353,000

5 Beds
2 Baths
2,360 Sq Ft
$503/Sq Ft Est. Value

Last Sold July 26, 2018

Last sale price $1,090,000 $462 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $6,916/month

12 Days on Market

Highlights

  • Territorial View
  • Softwood Flooring
  • Wood Siding
  • Garfield High School Rated A
  • Partially Fenced Property
  • 1-minute walk to Broadway Hill Park

About This Home

As of July 2018

This 3 bedroom duplex, zoned LR3, offers original detail and charm throughout. Formal entry with gracious staircase. Light-filled living and dining rooms have hardwood floors, moldings, picture railings and high ceilings. Updated kitchen and bathrooms. Washer/dryer hook ups in kitchen behind cabinets. Lower has shared laundry and separate entry for legal 1 bedroom garden apartment--perfect for rental income or can be guest quarters. 94 walk score. Off-street parking for up to 3 cars.

Last Agent to Sell the Property

Margie Zech

Windermere RE/Capitol Hill,Inc License #51956 Listed on: 06/07/2018

Windermere RE/Capitol Hill,Inc

Co-Listed By

Kathryn Hinds

Windermere Real Estate Co. License #28250

Windermere Real Estate Co.

Last Buyer's Agent

Kathryn Hinds

Windermere Real Estate Co. License #28250

Windermere Real Estate Co.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1297392

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,473

Year Built

  • Built in 1906

Lot Details

  • 2,677 Sq Ft Lot
  • Partially Fenced Property
  • Value in Land
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,360 Sq Ft Home
  • 3-Story Property
  • Territorial Views

Flooring

  • Softwood
  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 3 Parking Spaces
  • Open Parking

Utilities

  • Radiator
  • Natural Gas Connected
  • Cable TV Available

Community Details

  • Capitol Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6852700116

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,473

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1906
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2360
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family, See Remarks
  • Fireplace: No
  • Flooring: Ceramic Tile, Softwood, Hardwood, Vinyl, Carpet
  • Interior Amenities: Radiator, Ceramic Tile, Fir/Softwood, Hardwood, Wall to Wall Carpet
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Curbs, Paved, Sidewalk, Value In Land
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Open Parking: Yes
  • Total Parking Spaces: 3

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric, Natural Gas Connected

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Fee Information

  • Annual Fuel Expense: 778

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 6852700116
  • Lot Size Acres: 0.0615
  • Lot Size Sq Ft: 2677
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially
  • MLSLotSizeSource: KCR
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family,See Remarks

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 31
  • LeasedItems: None
  • TotalMonthlyIncome: 2800

Tax Info

  • Year: 2018
  • Tax Annual Amount: 7473

Multi Family

  • Number Of Units Total: 6
  • Electric Expense: 800
  • UnitsBelowGrade: true

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2018
Closed on
Jul 18, 2018
Sold by
Welputt Keith C and Welputt Sarah N
Bought by
Gandham Ravi and Gandham Veena
Seller's Agent
Margie Zech
Windermere RE/Capitol Hill,Inc
Buyer's Agent
Kathryn Hinds
Windermere Real Estate Co.
List Price
$1,050,000
Sold Price
$1,090,000
Premium/Discount to List
$40,000
3.81%
Current Estimated Value
$1,186,301

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,301
Avg. Annual Appreciation
1.14%
Original Mortgage
$654,000
Outstanding Balance
$568,042
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$618,259

Purchase Details

Closed on
Aug 13, 2004
Sold by
Welputt Keith C and Welputt Sarah N
Bought by
Welputt Keith C and Welputt Sarah N

Purchase Details

Closed on
Nov 29, 1993
Sold by
Riley Charles C and Engel Andrew T
Bought by
Engel Andrew T and Riley Charles C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
6.89%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gandham Ravi $1,090,000 Chicago Title
Welputt Keith C -- --
Engel Andrew T -- Transamerica Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gandham Ravi $654,000
Previous Owner Engel Andrew T $165,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2018 07/26/18 Sold $1,090,000 +3.8% $462 / Sq Ft
06/19/2018 06/19/18 Pending -- -- --
06/07/2018 06/07/18 For Sale $1,050,000 -- $445 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $8,557 $880,000 $709,000 $171,000
2023 $7,940 $833,000 $676,000 $157,000
2022 $8,142 $983,000 $381,000 $602,000
2021 $8,020 $882,000 $328,000 $554,000
2020 $8,179 $825,000 $308,000 $517,000
2018 $7,473 $903,000 $317,000 $586,000
2017 $5,941 $753,000 $271,000 $482,000
2016 $5,370 $616,000 $226,000 $390,000
2015 $4,691 $543,000 $210,000 $333,000
2014 -- $483,000 $162,000 $321,000
2013 -- $444,000 $273,000 $171,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1297392

Northwest Multiple Listing Service (NWMLS)

APN: 685270-0116