Listed by RE/MAX Northwest, Bought with Alchemy Real Estate
NOT LISTED FOR SALE

Estimated Value: $941,188 - $1,081,000

3 Beds
2 Baths
1,505 Sq Ft
$667/Sq Ft Est. Value

Last Sold July 25, 2017

Last sale price $699,950 $465 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $6,005/month

5 Days on Market

Highlights

  • Deck
  • Territorial View
  • Disabled Access
  • Lawton Elementary School Rated A
  • Wood Flooring
  • Partially Fenced Property

About This Home

As of July 2017

Turnkey Duplex in Magnolia. This charmer boasts refinished oak flrs, new & updated kitchens, updated bathrooms, new paint inside/out, new lighting, new flooring, new siding, new roof, & newer vinyl windows. Upper unit has 2 bedrooms & full bath, large deck, & laundry hook-up. Lower floor is a 1 bedroom/1 bath apt w/ separate entrance. Located on a downtown bus line & shops & Discover Park are a short walk away. NC zoning allows for multiple uses including office.

Last Agent to Sell the Property

Patrick Bauman

RE/MAX Northwest License #2122 Listed on: 06/16/2017

RE/MAX Northwest

Last Buyer's Agent

Michael Carnovale

Alchemy Real Estate License #110731

Alchemy Real Estate

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1145262

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,841

Year Built

  • Built in 1992 | Remodeled

Lot Details

  • 1,653 Sq Ft Lot
  • Partially Fenced Property

Parking

  • 1 Covered Space

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 1,505 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Additional Features

  • Disabled Access
  • Deck
  • Cable TV Available

Community Details

  • Magnolia Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7010700625

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,841

Year Built

Built in 1992 | Remodeled

Lot Details

1,653 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Accessibility Features: Other
  • Year Built: 1992
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1505
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Business, Commercial, Multi-Family, Office, Residential
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Vinyl, Carpet
  • Interior Amenities: Ceramic Tile, Hardwood, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • Pool Features: Community
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement/Concrete, Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Remodeled
  • Structure Type: Duplex
  • PoolType: Community

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Open Parking: No
  • Total Parking Spaces: 1

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: City of Seattle
  • SewerCompany: City of Seattle
  • WaterCompany: City of Seattle

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 7010700625
  • Lot Size Acres: 0.0379
  • Lot Size Sq Ft: 1653
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Disabled Access,Fenced-Partially
  • MLSLotSizeSource: survey
  • ZoningClass: Business,Commercial,Multi-Family,Office,Residential

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 15
  • LeasedItems: None
  • TotalMonthlyIncome: 4000

Tax Info

  • Year: 2016
  • Tax Annual Amount: 4841

Multi Family

  • Number Of Units Total: 2
  • UnitsBelowGrade: false

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2017
Closed on
Jul 17, 2017
Sold by
Mara Improvement Llc
Bought by
Hong Eugene Kee and Hong Amy Lee
Seller's Agent
Patrick Bauman
RE/MAX Northwest
Buyer's Agent
Michael Carnovale
Alchemy Real Estate
List Price
$699,950
Sold Price
$699,950
Current Estimated Value
$1,004,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$304,446
Avg. Annual Appreciation
4.25%
Original Mortgage
$419,970
Outstanding Balance
$348,924
Interest Rate
3.89%
Estimated Equity
$655,472

Purchase Details

Closed on
Jun 7, 2016
Sold by
Saffold Henry L and Saffold Lucinda E
Bought by
Mara Improvement Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$551,250
Interest Rate
3.61%

Purchase Details

Closed on
Apr 30, 1991
Sold by
Rolingher Leon J and Prins Debra S
Bought by
Saffold Henry L and Saffold Lucinda E
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
Hong Eugene Kee $699,950 First American Title Ins Co
Mara Improvement Llc $735,000 First American
Saffold Henry L $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hong Eugene Kee $419,970
Previous Owner Mara Improvement Llc $551,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/25/2017 07/25/17 Sold $699,950 0.0% $465 / Sq Ft
06/22/2017 06/22/17 Pending -- -- --
06/16/2017 06/16/17 For Sale $699,950 -- $465 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

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 $7,647 $804,000 $287,000 $517,000
2023 $7,347 $805,000 $378,000 $427,000
2022 $6,579 $876,000 $355,000 $521,000
2021 $6,284 $720,000 $298,000 $422,000
2020 $6,523 $652,000 $273,000 $379,000
2018 $5,804 $661,000 $275,000 $386,000
2017 $5,232 $589,000 $171,000 $418,000
2016 $4,841 $381,100 $122,100 $259,000
2015 $4,073 $482,000 $250,000 $232,000
2014 -- $413,000 $214,000 $199,000
2013 -- $399,000 $207,000 $192,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1145262

Northwest Multiple Listing Service (NWMLS)

APN: 701070-0625

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