$1,126,000
SOLD OCT 22, 2014
-- Bed
-- Bath
3,136 Sq Ft
4,320 Sq Ft Lot

Recently Sold

$359 Per Sq Ft

2% Below List Price

15 Days on Market

Highlights

  • RV Access or Parking
  • Deck
  • Wood Flooring
  • Laurelhurst Elementary School Rated A-
  • Territorial View
  • Thermal Windows

About This Home

As of October 2014

UW Greek Row 11 Bedroom/ 2 Liv Rm/ 2 Kit/ 3 Bath/ 10 car parking. Upgraded plumb & elec, newer gas boiler, new roof & gutters 2009, new ext paint & windows 2012. LEASED Sept 15 2014 – Aug 31, 2015 @ $7150/m incl tenants pay All utils & internet. (YES VACANT 4U2C Sept 6-12th, call your agent.) Urban Village Zoning may allow add BR’s or expand bldg w/ no parking req’s, approx 29 ft rear setback. Total bsmt remodel or just reframe west bsmt = add BR’s. Exc cash flow & systems now + future upside...

Last Agent to Sell the Property

Matthew Townsend

Windermere Real Estate Co. License #9599 Listed on: 09/06/2014

Windermere Real Estate Co.

Last Buyer's Agent

Matthew Townsend

Windermere Real Estate Co. License #9599 Listed on: 09/06/2014

Windermere Real Estate Co.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 691739

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,659

Year Built

  • Built in 1911

Lot Details

  • 4,320 Sq Ft Lot
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof

Interior Spaces

  • 3,136 Sq Ft Home
  • 3-Story Property
  • Thermal Windows
  • Territorial Views

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 10 Parking Spaces
  • Open Parking
  • RV Access or Parking

Outdoor Features

  • Deck

Utilities

  • Radiator
  • High Speed Internet

Community Details

  • University Park Add Condos
  • University District Subdivision

Listing and Financial Details

  • Legal Lot and Block 007 / 012
  • Assessor Parcel Number 8823901590

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,659

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1911
  • Buyer Agency Compensation: 3.0
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: University Park Add
  • New Construction: No
  • CalculatedSquareFootage: 3136
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 348

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Vinyl, Carpet
  • Interior Amenities: Radiator, Ceramic Tile, Hardwood, Wall to Wall Carpet
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Basement,See Remarks,Storage,Thermal Windows

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: See Remarks
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 10
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 10
  • ParkingUncoveredSpaces: 10

Utilities

  • Sewer: Available
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: High Speed Internet, Natural Gas Available, Natural Gas Connected
  • PowerCompany: Seattle
  • SewerCompany: Seattle
  • WaterCompany: Seattle
  • WaterSewerGarbage: 0

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 8823901590
  • Lot Size Acres: 0.0992
  • Lot Size Sq Ft: 4320
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Gas Available,High Speed Internet,RV Parking
  • MLSLotSizeSource: kca
  • ZoningClass: Multi-Family
  • LotNumber: 007

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13
  • LeasedItems: None
  • TotalMonthlyIncome: 7150

Multi Family

  • Gross Scheduled Income: 85800
  • Net Operating Income: 67300
  • Number Of Units Total: 2
  • Insurance Expense: 1177
  • Leasable Area: 3136
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: true
  • VacancyRate: 5

Tax Info

  • Year: 2014
  • Tax Annual Amount: 6659

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2014
Closed on
Oct 15, 2014
Sold by
W3 Properties Llc
Bought by
University Property Vii Llc
Seller's Agent
Matthew Townsend
Windermere Real Estate Co.
Buyer's Agent
Matthew Townsend
Windermere Real Estate Co.
List Price
$1,150,000
Sold Price
$1,126,000
Premium/Discount to List
-$24,000
-2.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.37%
Original Mortgage
$1,126,000
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 19, 2006
Sold by
West Steven E and West Christine M
Bought by
W3 Properties Llc

Purchase Details

Closed on
Dec 16, 1998
Sold by
Melyan Mark Harris and Melyan Gary Gwynn
Bought by
West Steven E and West Christine Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,400
Interest Rate
7.37%
Mortgage Type
Commercial

Purchase Details

Closed on
May 16, 1995
Sold by
Melyan Wesley R
Bought by
Melyan Gaines Wesley

Purchase Details

Closed on
Dec 11, 1992
Sold by
Ball Kenneth J
Bought by
Melyan Wesley R
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,126,000 First American
Quit Claim Deed -- None Available
Warranty Deed $318,000 Pacific Northwest Title
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Warranty Deed $178,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $10,500,000 Commercial
Closed $1,676,000 Commercial
Closed $1,126,000 Commercial
Previous Owner $254,400 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2025 06/03/25 Pending -- -- --
05/30/2025 05/30/25 For Sale $1,596,000 +41.7% $481 / Sq Ft
10/22/2014 10/22/14 Sold $1,126,000 -2.1% $359 / Sq Ft
09/22/2014 09/22/14 Pending -- -- --
09/06/2014 09/06/14 For Sale $1,150,000 -- $367 / 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 $12,548 $1,276,600 $1,209,600 $67,000
2023 $12,495 $1,298,000 $1,209,600 $88,400
2022 $11,351 $1,311,500 $1,209,600 $101,900
2021 $11,891 $1,210,600 $1,209,600 $1,000
2020 $12,733 $1,210,600 $1,209,600 $1,000
2018 $10,869 $1,223,000 $799,200 $423,800
2017 $10,485 $1,084,500 $799,200 $285,300
2016 $9,769 $1,084,500 $691,200 $393,300
2015 $6,073 $985,900 $626,400 $359,500
2014 -- $613,800 $475,200 $138,600
2013 -- $613,800 $475,200 $138,600
Source: Public Records

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 691739

Northwest Multiple Listing Service (NWMLS)

APN: 882390-1590