Listed by Paragon Real Estate Advisors
NOT LISTED FOR SALE

Estimated Value: $1,637,000 - $1,866,709

10 Beds
4 Baths
3,100 Sq Ft
$572/Sq Ft Est. Value

Last Sold September 05, 2019

Last sale price $1,395,000 $450 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $10,597/month

4 Days on Market

Highlights

  • Wood Siding
  • Laurelhurst Elementary School Rated A-
  • Wall to Wall Carpet

About This Home

As of September 2019

Extremely well-maintained fourplex located blocks from the UW and University Village. This property offers ease of management and pride of ownership to future investors. 2 - 2BD/1BTH units and 2 - 3BD/1BTH units as well as four large, highly sought after garages. Units are spacious corner units with light-filled inviting floor plans including a separate dining area. The current rents are below market allowing a new owner upside by increasing the rents to market rate.

Last Agent to Sell the Property

Cathy Jeney

Paragon Real Estate Advisors License #18893 Listed on: 07/29/2019

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1497672

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,735

Year Built

  • Built in 1958

Lot Details

  • 3,920 Sq Ft Lot

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Poured Concrete
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 3,100 Sq Ft Home
  • 3-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • 4 Covered Spaces

Community Details

  • University District Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0925049387

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,735

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1958
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3100
  • Special Features: None
  • Cumulative Days on Market: 370

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry

Exterior Features

  • Roof: Flat
  • View: No
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Open Parking: No
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 5296

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 0925049387
  • Lot Size Acres: 0.09
  • Lot Size Sq Ft: 3920
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 15
  • LeasedItems: None
  • TotalMonthlyIncome: 7648

Multi Family

  • Gross Scheduled Income: 91776
  • Net Operating Income: 66344
  • Number Of Units Total: 4
  • Insurance Expense: 1586
  • Leasable Area: 3100
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2019
  • Tax Annual Amount: 10735

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 27, 2022
Sold by
Deng and Xuejun
Bought by
Wang Deng Family Trust
Current Estimated Value
$1,773,236

Purchase Details

Listed on
Jul 29, 2019
Closed on
Aug 27, 2019
Sold by
Miller Ellie W
Bought by
Deng Jie and Wang Xuejun
Seller's Agent
Cathy Jeney
Paragon Real Estate Advisors
List Price
$1,395,000
Sold Price
$1,395,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.67%
Original Mortgage
$830,000
Interest Rate
3.7%

Purchase Details

Closed on
Jul 16, 2010
Sold by
Miller Wintering Real Estate Llc
Bought by
Miller Ellie W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$442,000
Interest Rate
4.45%

Purchase Details

Closed on
Jul 11, 2008
Sold by
Miller Ellie W
Bought by
Miller Wintering Real Estate Llc

Purchase Details

Closed on
Mar 8, 2006
Sold by
Mcjunkin John F
Bought by
Miller Ellie W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
6.19%

Purchase Details

Closed on
Jun 7, 2001
Sold by
Anderson Geoffrey H and Pace Clark
Bought by
Mcjunkin John F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$397,500
Interest Rate
7.14%

Purchase Details

Closed on
Apr 8, 1997
Sold by
Axe David C and Axe Karen L
Bought by
Anderson Geoffrey H and Pace Clark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,250
Interest Rate
7.66%
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
Wang Deng Family Trust -- None Listed On Document
Deng Jie $1,395,000 First American Title
Miller Ellie W -- Accommodation
Miller Wintering Real Estate Llc -- None Available
Miller Ellie W $780,000 Chicago Title
Mcjunkin John F $530,000 Pacific Nw Title
Anderson Geoffrey H $295,000 Evergreen Title Company Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Deng Jie $812,000
Previous Owner Deng Jie $830,000
Previous Owner Miller Ellie W $360,000
Previous Owner Miller Ellie W $442,000
Previous Owner Miller Ellie W $468,000
Previous Owner Mcjunkin John F $397,500
Previous Owner Anderson Geoffrey H $221,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2019 09/05/19 Sold $1,395,000 0.0% $450 / Sq Ft
08/02/2019 08/02/19 Pending -- -- --
07/29/2019 07/29/19 For Sale $1,395,000 -- $450 / 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 $12,115 $1,299,000 $1,097,600 $201,400
2023 $12,065 $1,446,000 $1,097,600 $348,400
2022 $12,044 $1,426,000 $1,097,600 $328,400
2021 $13,139 $1,312,000 $1,097,600 $214,400
2020 $11,947 $1,365,000 $1,097,600 $267,400
2018 $11,401 $1,251,000 $725,200 $525,800
2017 $8,954 $1,156,000 $725,200 $430,800
2016 $7,603 $934,000 $627,200 $306,800
2015 $6,874 $771,000 $568,400 $202,600
2014 -- $713,000 $431,200 $281,800
2013 -- $634,000 $431,200 $202,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1497672

Northwest Multiple Listing Service (NWMLS)

APN: 092504-9387