Listed by COMPASS, Bought with North Pacific Properties
NOT LISTED FOR SALE

Estimated Value: $695,000 - $1,102,000

4 Beds
2 Baths
1,740 Sq Ft
$496/Sq Ft Est. Value

Last Sold March 18, 2013

Last sale price $373,000 $214 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $5,292/month

5 Days on Market

Highlights

  • Deck
  • Territorial View
  • Wall to Wall Carpet
  • Hawthorne Elementary School Rated A-
  • Wood Siding
  • 3-minute walk to Hillman City P-Patch Community Garden

About This Home

As of March 2013

Fully rented duplex in residential neighborhood of happening Columbia City. Light filled units on 7200 sq ft lot with parking and storage. Huge upside potential with minimal cosmetic enhancements. Rents are undervalue and currently include utilities. Great opportunity for owner occupancy of one floor with second for rental, investment or development. Bring your condo owners ready to own at a fraction of the price with offset in rental income.Spacious yard and storage and short walk to amenities.

Last Agent to Sell the Property

Chris Doucet

COMPASS License #17147 Listed on: 01/27/2013

COMPASS

Last Buyer's Agent

Tracy Cobbin

North Pacific Properties License #7832

North Pacific Properties

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 441768

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,963

Year Built

  • Built in 1905

Lot Details

  • 7,200

Home Design

  • Duplex
  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,740 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 3 Parking Spaces
  • Open Parking

Additional Features

  • Deck
  • 7,200 Sq Ft Lot

Community Details

  • Columbia City Subdivision

Listing and Financial Details

  • Assessor Parcel Number 170922485

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,963

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1905
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 1740
  • Special Features: None

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Post & Pillar
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 2023

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 170922485
  • Lot Size Acres: 0.1653
  • Lot Size Sq Ft: 7200
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck
  • ZoningClass: Residential

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 17
  • LeasedItems: None
  • TotalMonthlyIncome: 1825

Multi Family

  • Gross Scheduled Income: 21900
  • Net Operating Income: 13582
  • Number Of Units Total: 2
  • Electric Expense: 1316
  • Insurance Expense: 1016
  • Leasable Area: 1740
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2012
  • Tax Annual Amount: 3963

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 3, 2017
Sold by
Tohver Ingrid M
Bought by
Lange Gentry C and Tohver Ingrid M
Current Estimated Value
$862,513

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Outstanding Balance
$319,595
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$593,706

Purchase Details

Closed on
Aug 2, 2013
Sold by
Lange Gentry L
Bought by
Tohver Ingrid Marisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 27, 2013
Closed on
Mar 15, 2013
Sold by
Schlitt Michael J and Cheng Josephine
Bought by
Tohver Ingrid M
Seller's Agent
Chris Doucet
COMPASS
Buyer's Agent
Tracy Cobbin
North Pacific Properties
List Price
$369,000
Sold Price
$373,000
Premium/Discount to List
$4,000
1.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.43%
Original Mortgage
$341,574
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 18, 2008
Sold by
Pettigrew Eric and Berteaux Pettigrew Jada D
Bought by
Schlitt Michael J and Cheng Josephine

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
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 21, 2000
Sold by
Truong Khoa Nhung
Bought by
Pettigrew Eric and Berteaux Pettigrew Jada D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
8.2%
Source: Public Records

Range of Values:

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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
Lange Gentry C -- Ticor Title
Tohver Ingrid Marisa -- First American
Tohver Ingrid M $373,000 Fidelity Natio
Schlitt Michael J $340,000 Stewart Title
Pettigrew Eric $135,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lange Gentry C $100,000
Closed Lange Gentry C $50,000
Open Lange Gentry C $380,000
Closed Tohver Ingrid Marisa $18,000
Closed Tohver Ingrid Marisa $300,000
Previous Owner Tohver Ingrid M $341,574
Previous Owner Schlitt Michael J $204,000
Previous Owner Pettigrew Eric $272,000
Previous Owner Pettigrew Eric $94,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2013 03/18/13 Sold $373,000 +1.1% $214 / Sq Ft
02/02/2013 02/02/13 Pending -- -- --
01/27/2013 01/27/13 For Sale $369,000 -- $212 / 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 $8,359 $806,000 $416,000 $390,000
2023 $7,878 $818,000 $397,000 $421,000
2022 $7,199 $864,000 $355,000 $509,000
2021 $6,911 $723,000 $301,000 $422,000
2020 $6,998 $659,000 $275,000 $384,000
2018 $6,220 $643,000 $290,000 $353,000
2017 $5,440 $586,000 $266,000 $320,000
2016 $4,867 $528,000 $196,000 $332,000
2015 $4,407 $460,000 $182,000 $278,000
2014 -- $426,000 $172,000 $254,000
2013 -- $371,000 $151,000 $220,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 441768

Northwest Multiple Listing Service (NWMLS)

APN: 170490-0485