Listed by RE/MAX Metro Realty, Inc., Bought with RE/MAX Integrity
NOT LISTED FOR SALE

Estimated Value: $1,430,000 - $2,024,000

6 Beds
3 Baths
3,300 Sq Ft
$529/Sq Ft Est. Value

Sale Details

Date Sold: November 25, 2015

Last sale price $1,040,000 $315 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $11,190 / mo

8 Days on Market

Highlights

  • Deck
  • Partially Fenced Property
  • Wall to Wall Carpet
  • Green Lake Elementary School Rated A-

About This Home

As of November 2015

Legal triplex conveniently located in business/shopping district, easy access to I-5. Marblecrete exterior. Walkscore of 93-within walking distance to restaurants, shops, grocery store, Greenlake and Woodland Park! Easy to rent units are rarely vacant. Rents are below market-great upside potential. Income/expense/CAP reflect current numbers. 6.4% CAP with market rents. 3 garage spaces rented separately + additional coin-op laundry income. Private courtyard on side of building, and yard in rear.

Last Agent to Sell the Property

James Tjoa

RE/MAX Metro Realty, Inc. License #8112 Listed on: 09/08/2015

RE/MAX Metro Realty, Inc.

Last Buyer's Agent

Nona Adams

RE/MAX Integrity License #24002664

RE/MAX Integrity

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 844946

Northwest Multiple Listing Service (NWMLS)

Range of Values:

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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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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,442

Year Built

  • Built in 1974

Lot Details

  • 6,840 Sq Ft Lot
  • Partially Fenced Property
  • Property is in average condition

Home Design

  • Triplex
  • Flat Roof Shape
  • Slab Foundation

Interior Spaces

  • 3,300 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 3 Covered Spaces
  • Open Parking

Outdoor Features

  • Deck

Community Details

  • Wallingford Subdivision

Listing and Financial Details

  • Legal Lot and Block 9 & 10-11 / 9
  • Assessor Parcel Number 0510001290

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,442

Year Built

Built in 1974

Lot Details

6,840 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1974
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • Structure Type: Triplex
  • CalculatedSquareFootage: 3300
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

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

Exterior Features

  • Roof: Flat
  • Lot Features: Curbs, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: See Remarks
  • Foundation Details: Slab
  • Property Condition: Average
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Open Parking: Yes
  • Total Parking Spaces: 9

Utilities

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

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 0510001290
  • Lot Size Acres: 0.157
  • Lot Size Sq Ft: 6840
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Fenced-Partially
  • MLSLotSizeSource: King County Tax Records
  • ZoningClass: Residential
  • LotNumber: 9 & 10-11

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 16
  • LeasedItems: Washer/Dryer
  • TotalMonthlyIncome: 4070

Tax Info

  • Year: 2015
  • Tax Annual Amount: 9442

Multi Family

  • Number Of Units Total: 3
  • Electric Expense: 4022
  • UnitsBelowGrade: false

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2015
Closed on
Nov 22, 2015
Sold by
Bought by
Seller's Agent
James Tjoa
RE/MAX Metro Realty, Inc.
Buyer's Agent
Nona Adams
RE/MAX Integrity
List Price
$1,190,000
Sold Price
$1,040,000
Premium/Discount to List
-$150,000
-12.61%
Current Estimated Value
$1,745,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$705,967
Avg. Annual Appreciation
4.93%
Original Mortgage
$679,000
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 1998
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Wallingford, WA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,040,000 First American
$386,000 Fidelity National Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $627,000
Closed $679,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/25/2015 11/25/15 Sold $1,040,000 -12.6% $315 / Sq Ft
09/17/2015 09/17/15 Pending -- -- --
09/08/2015 09/08/15 For Sale $1,190,000 -- $361 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $19,346 $1,845,000 $995,000 $850,000
2024 $16,957 $1,739,000 $923,000 $816,000
2023 $16,676 $1,806,000 $905,000 $901,000
2022 $15,632 $1,951,000 $823,000 $1,128,000
2021 $14,508 $1,681,000 $725,000 $956,000
2020 $14,549 $1,479,000 $697,000 $782,000
2018 $13,544 $1,546,000 $733,000 $813,000
2017 $11,919 $1,354,000 $642,000 $712,000
2016 $11,091 $1,230,000 $583,000 $647,000
2015 $9,443 $1,117,000 $531,000 $586,000
2014 -- $970,000 $477,000 $493,000
2013 -- $852,000 $420,000 $432,000
Source: Public Records

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 844946

Northwest Multiple Listing Service (NWMLS)

APN: 051000-1290

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