Listed by WeLakeside, Bought with COMPASS
NOT LISTED FOR SALE

Estimated Value: $892,000 - $1,043,896

4 Beds
2 Baths
2,060 Sq Ft
$457/Sq Ft Est. Value

Last Sold April 15, 2015

Last sale price $400,000 $194 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $5,878/month

11 Days on Market

Highlights

  • Territorial View
  • Partially Fenced Property
  • Wall to Wall Carpet
  • Hawthorne Elementary School Rated A-
  • Wood Siding
  • 2-minute walk to Rainier Playfield

About This Home

As of April 2015

INCOME Property and BEST DEAL in town! Beautiful 2 story duplex in a very secure & quiet area. 100% occupied w/LOW maintenace! Excellent long term tenants. Always pay on time. Don't need to worry about paymts=INCOME & PEACE OF MIND! Close to parks & shopping malls. Newly remodeled 2nd flr w/granite kitchen counter tops. Carpet replaced in 2011. 1st flr upgraded in 2005. Washer, dryer in each unit. Current rent is low, can be increased. Looking for investment? This is for You! Owner is retiring.

Last Agent to Sell the Property

Jesse Liu

WeLakeside License #83065 Listed on: 02/15/2015

WeLakeside

Last Buyer's Agent

Chris Doucet

COMPASS License #17147

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 743502

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,370

Year Built

  • Built in 1968

Lot Details

  • 3,060 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,060 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 2 Parking Spaces
  • Open Parking

Utilities

  • Cable TV Available

Community Details

  • Mt Baker Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7950303530

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,370

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1968
  • Buyer Agency Compensation: ***3***
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2060
  • Special Features: None
  • Cumulative Days on Market: 365

Interior Features

  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Alley, Curbs, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Structure Type: Duplex

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: No
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 2
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Natural Gas Available, Sewer Connected, Electric
  • WaterSewerGarbage: 3139

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 7950303530
  • Lot Size Acres: 0.0702
  • Lot Size Sq Ft: 3060
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,Gas Available
  • MLSLotSizeSource: Realist

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 29
  • LeasedItems: None
  • TotalMonthlyIncome: 1900

Multi Family

  • Gross Scheduled Income: 22800
  • Net Operating Income: 13756
  • Number Of Units Total: 2
  • Insurance Expense: 435
  • Leasable Area: 2060
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2014
  • Tax Annual Amount: 3370

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2015
Closed on
Apr 9, 2015
Sold by
Davidner Mei Qiu
Bought by
Doucet Christine and Bouchard Benoit
Seller's Agent
Jesse Liu
WeLakeside
Buyer's Agent
Chris Doucet
COMPASS
List Price
$399,500
Sold Price
$400,000
Premium/Discount to List
$500
0.13%
Current Estimated Value
$941,474

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$541,474
Avg. Annual Appreciation
7.99%

Purchase Details

Closed on
Oct 12, 2005
Sold by
Brooks Dwayne W and Brooks Maria
Bought by
Davidner Mei Qiu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
5.63%

Purchase Details

Closed on
May 13, 2002
Sold by
Hubbard Roosevelt V and Hubbard Carolyn A
Bought by
Brooks Dwayne W and Brooks Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
6.89%

Purchase Details

Closed on
Mar 17, 1998
Sold by
Webb Rhohelia J and Webb Lois M
Bought by
Hubbard Roosevelt and Hubbard Carolyn A
Source: Public Records

Range of Values:

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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
Doucet Christine $400,000 Chicago Title
Davidner Mei Qiu $350,000 Pacific Nw Tit
Brooks Dwayne W $240,000 Fidelity National Title
Hubbard Roosevelt $90,331 Old Republic Title Ltd
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Doucet Christine $362,500
Closed Bouchard Benoit $384,500
Previous Owner Davidner Mei Qiu $280,000
Previous Owner Brooks Dwayne W $50,000
Previous Owner Brooks Dwayne W $204,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2015 04/15/15 Sold $400,000 +0.1% $194 / Sq Ft
02/27/2015 02/27/15 Pending -- -- --
02/15/2015 02/15/15 For Sale $399,500 -- $194 / 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 $8,980 $926,000 $298,000 $628,000
2023 $7,129 $940,000 $284,000 $656,000
2022 $6,505 $815,000 $244,000 $571,000
2021 $6,254 $682,000 $207,000 $475,000
2020 $6,357 $622,000 $189,000 $433,000
2018 $5,647 $655,000 $199,000 $456,000
2017 $4,382 $552,000 $182,000 $370,000
2016 $3,875 $438,000 $162,000 $276,000
2015 $3,507 $377,000 $150,000 $227,000
2014 -- $349,000 $142,000 $207,000
2013 -- $304,000 $125,000 $179,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 743502

Northwest Multiple Listing Service (NWMLS)

APN: 795030-3530