Listed by Windermere Real Estate Midtown, Bought with Windermere Bellevue Commons
NOT LISTED FOR SALE

Estimated Value: $885,000 - $1,171,000

2 Beds
2 Baths
2,120 Sq Ft
$476/Sq Ft Est. Value

Last Sold June 16, 2017

Last sale price $750,000 $354 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $6,036/month

20 Days on Market

Highlights

  • Mountain View
  • Deck
  • Wood Siding
  • McGilvra Elementary School Rated A
  • Ceramic Tile Flooring
  • 1-minute walk to Prentis I Frazier Park

About This Home

As of June 2017

If you’re looking for income potential in an ideal location, look no further! This unassuming Arboretum duplex lives like a single-family home and is full of possibility. Tucked off the street and nestled among the trees, enjoy an innate sense of privacy as you overlook the large backyard from the upper deck. Sitting a half block from transportation and less than a half mile from Madison Park favorites like Essential Baking, The Harvest Vine and Bar Cantinetta, this location can’t be beat.

Last Agent to Sell the Property

Larry Wilcynski

Windermere Real Estate Midtown License #50011 Listed on: 04/26/2017

Windermere Real Estate Midtown

Co-Listed By

Dan Wilcynski

Windermere Real Estate Midtown License #50120

Last Buyer's Agent

Clinton Fink

Windermere Bellevue Commons License #17192

Windermere Bellevue Commons

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1111499

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,604

Year Built

  • Built in 1901

Lot Details

  • 6,400

Property Views

  • Mountain
  • Territorial

Home Design

  • Duplex
  • Fixer Upper
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,120 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Schools

  • Mc Gilvra Elementary School
  • Wash Mid Middle School
  • Garfield High School

Utilities

  • Natural Gas Connected
  • Cable TV Available

Additional Features

  • Deck
  • 6,400 Sq Ft Lot

Community Details

  • Madison Street Add Condos
  • Arboretum Subdivision

Listing and Financial Details

  • Legal Lot and Block 7-8 / 27
  • Assessor Parcel Number 5016002855

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,604

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1901
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Madison Street Add
  • New Construction: No
  • CalculatedSquareFootage: 2120
  • Special Features: None

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Ceramic Tile, Vinyl, Carpet
  • Interior Amenities: Forced Air, Ceramic Tile, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Fixer
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Open Parking: No

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: Seattle City Light
  • SewerCompany: Seattle Public Utilities
  • WaterCompany: Seattle Public Utilities

Schools

  • Junior High Dist: Seattle
  • High School: Garfield High
  • Middle Or Junior School: Wash Mid

Lot Info

  • Parcel Number: 5016002855
  • Lot Size Acres: 0.1469
  • Lot Size Sq Ft: 6400
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck
  • MLSLotSizeSource: KCR
  • ZoningJurisdiction: City
  • ZoningClass: Residential
  • LotNumber: 7-8

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 0

Tax Info

  • Year: 2017
  • Tax Annual Amount: 6604

Multi Family

  • Number Of Units Total: 2
  • UnitsBelowGrade: true

MLS Schools

  • Elementary School: Mc Gilvra

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2017
Closed on
Jun 2, 2017
Sold by
Wershow Daniel C and Katz Elaine J
Bought by
Sierra Laura
Seller's Agent
Larry Wilcynski
Windermere Real Estate Midtown
Buyer's Agent
Clinton Fink
Windermere Bellevue Commons
List Price
$750,000
Sold Price
$750,000
Current Estimated Value
$1,009,262

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$259,262
Avg. Annual Appreciation
3.54%
Original Mortgage
$562,500
Outstanding Balance
$467,883
Interest Rate
4.02%
Mortgage Type
New Conventional
Estimated Equity
$541,379

Purchase Details

Closed on
Nov 7, 2000
Sold by
Wershow Dan
Bought by
Wershow Dan and Katz Elaine J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Sierra Laura $750,000 First American
Wershow Dan -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sierra Laura $562,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/16/2017 06/16/17 Sold $750,000 0.0% $354 / Sq Ft
05/18/2017 05/18/17 Pending -- -- --
04/27/2017 04/27/17 For Sale $750,000 -- $354 / 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 $8,976 $891,000 $890,000 $1,000
2023 $8,824 $849,000 $848,000 $1,000
2022 $8,270 $1,002,000 $748,000 $254,000
2021 $7,778 $863,000 $644,000 $219,000
2020 $7,903 $769,000 $604,000 $165,000
2018 $7,063 $792,000 $621,000 $171,000
2017 $6,604 $687,000 $544,000 $143,000
2016 $5,990 $666,000 $398,000 $268,000
2015 $5,167 $589,000 $362,000 $227,000
2014 -- $518,000 $302,000 $216,000
2013 -- $542,000 $288,000 $254,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1111499

Northwest Multiple Listing Service (NWMLS)

APN: 501600-2855