Listed by Heaton Dainard, LLC, Bought with Paragon Real Estate Advisors
NOT LISTED FOR SALE

Estimated Value: $1,900,000 - $4,214,074

24 Beds
9 Baths
5,490 Sq Ft
$525/Sq Ft Est. Value

Last Sold May 24, 2022

Last sale price $4,400,000 $801 Per Sq Ft

Est. 35% decrease in value since last sale

Current estimated payment $16,717/month

Highlights

  • Wood Flooring
  • Corner Lot
  • 2-minute walk to University Playground
  • Hamilton International Middle School Rated A
  • No HOA

About This Home

As of May 2022

Fully furnished newly built 9-bedroom 3 bathroom townhouse ready to move in. Tenants to share bathrooms, kitchen, living room. dining area and laundry. Located at the heart of the beautiful U-district, this luxurious townhouse is 5-minutes from the University of Washington, grocery stores, shopping and all the restaurants you could ever wish for.
Main floor features full kitchen, dining area, living area, bathroom and one bedroom. 2nd and 3rd floor each with four bedrooms and one bathroom. If you are looking for a living space for an affordable price, look no further. Email or call to schedule a tour today.

9-month lease for the listed rent amount. Three and six-month lease terms are charged at $1000 per month and $950 per month. Reusable tenant screening reports are permitted. Management reserves the right to request additional data.

Renter's insurance is required
Smoking free apartments
Utilities are paid by tenants

Last Agent to Sell the Property

James Dainard

Heaton Dainard, LLC License #108050 Listed on: 03/03/2022

Heaton Dainard, LLC

Last Buyer's Agent

Nick Hemming

Paragon Real Estate Advisors License #120684

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1903839

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,919

Year Built

  • Built in 2019

Lot Details

  • 4,170 Sq Ft Lot
  • Corner Lot

Home Design

  • Triplex
  • Flat Roof Shape
  • Cement Board or Planked
  • Wood Composite

Interior Spaces

  • 5,490 Sq Ft Home
  • 3-Story Property
  • Wood Flooring

Parking

  • 3 Parking Spaces
  • Open Parking

Community Details

  • No Home Owners Association
  • University District Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0889000040

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,919

Year Built

Built in 2019

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 2019
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 5490
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: Forced Air, Hardwood
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Flat
  • Lot Features: Corner Lot
  • View: No
  • Waterfront: No
  • Exterior Features: Cement Planked, Wood Products
  • Structure Type: Triplex

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
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 0889000040
  • Lot Size Acres: 0.0957
  • Lot Size Sq Ft: 4170
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 17
  • LeasedItems: None
  • TotalMonthlyIncome: 22950

Multi Family

  • Gross Scheduled Income: 265680
  • Net Operating Income: 231685
  • Number Of Units Total: 3
  • Insurance Expense: 4254
  • Leasable Area: 5490
  • EnergySource: Electric
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2021
  • Tax Annual Amount: 15919

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2022
Closed on
May 20, 2022
Sold by
Lgc Uw Portfolio Ii Llc
Bought by
Mp 4703 Llc and S A M Franklin Villa Llc
Seller's Agent
James Dainard
Heaton Dainard, LLC
Buyer's Agent
Nick Hemming
Paragon Real Estate Advisors
List Price
$4,400,000
Sold Price
$4,400,000
Current Estimated Value
$2,880,769

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,519,231
Avg. Annual Appreciation
-11.78%
Original Mortgage
$2,000,000
Outstanding Balance
$1,895,637
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$985,132

Purchase Details

Closed on
Jun 7, 2018
Sold by
Infinity On 9Th Llc
Bought by
Lgc Uw Portfolio Ii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$937,500
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 5, 2017
Sold by
Bross Lavonne and Wener William D
Bought by
Infinity On 9Th Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,315,000
Interest Rate
4.16%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mp 4703 Llc $4,399,100 Old Republic Title
Lgc Uw Portfolio Ii Llc $1,250,000 First American Title
Infinity On 9Th Llc $750,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mp 4703 Llc $2,000,000
Previous Owner Lgc Uw Portfolio Ii Llc $937,500
Previous Owner Infinity On 9Th Llc $1,315,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/07/2023 11/07/23 Price Changed $875 -1.7% $0 / Sq Ft
10/24/2023 10/24/23 Price Changed $890 -1.0% $0 / Sq Ft
10/12/2023 10/12/23 Price Changed $899 -5.4% $0 / Sq Ft
08/30/2023 08/30/23 Price Changed $950 -87.7% $0 / Sq Ft
08/04/2023 08/04/23 Price Changed $7,700 -3.3% $4 / Sq Ft
06/21/2023 06/21/23 For Rent $7,965 0.0% --
04/27/2023 04/27/23 Price Changed $7,965 +0.1% $4 / Sq Ft
04/26/2023 04/26/23 Price Changed $7,956 +809.3% $4 / Sq Ft
04/25/2023 04/25/23 For Rent $875 0.0% --
05/24/2022 05/24/22 Sold $4,400,000 0.0% $801 / Sq Ft
03/03/2022 03/03/22 Pending -- -- --
03/03/2022 03/03/22 For Sale $4,400,000 -- $801 / 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 $16,608 $1,742,000 $1,110,000 $632,000
2023 $16,368 $1,667,000 $1,048,000 $619,000
2022 $16,783 $1,953,000 $989,000 $964,000
2021 $15,919 $1,846,000 $873,000 $973,000
2020 $15,660 $1,660,000 $753,000 $907,000
2018 $5,427 $577,000 $406,000 $171,000
2017 $4,715 $529,000 $378,000 $151,000
2016 $4,407 $474,000 $338,000 $136,000
2015 $6,197 $433,000 $306,000 $127,000
2014 -- $639,000 $273,000 $366,000
2013 -- $545,000 $233,000 $312,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1903839

Northwest Multiple Listing Service (NWMLS)

APN: 088900-0040