Listed by Berkshire Hathaway HS NW
NOT LISTED FOR SALE

Estimated Value: $1,367,000 - $2,190,000

5 Beds
2 Baths
6,868 Sq Ft
$246/Sq Ft Est. Value

Last Sold October 11, 2016

Last sale price $1,175,000 $171 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $10,207/month

Highlights

  • Deck
  • Wood Flooring
  • Property is in very good condition
  • Fairmount Park Elementary Rated A-
  • Thermal Windows
  • Partially Fenced Property

About This Home

As of October 2016

Two bedroom unit located on the second floor of a four plex is carpeted throughout. There is good light and location to back of building makes apartment quiet. Kitchen and bathroom have recently been remodeled and there is brand new carpeting in the unit. Large, open living room/dining room has a gas fireplace. Lots of closets provide ample storage. Unit has it's own laundry room with washer and new dryer. Unit includes an outdoor deck. The location near the Junction is ideal with Trader Joe's, Whole Foods, LA Fitness, and many retailers within a short walk. Numerous bus lines are nearby. Off street parking is included.

Last Agent to Sell the Property

Craig Roberts

Berkshire Hathaway HS NW License #32076 Listed on: 08/04/2016

Berkshire Hathaway HS NW

Co-Listed By

Michael Mallagh

Windermere West Metro License #98408

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1009344

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,834

Year Built

  • Built in 1952

Lot Details

  • 6,600 Sq Ft Lot
  • Lot Dimensions are 50 x 132
  • Partially Fenced Property
  • Property is in very good condition

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Cement Board or Planked
  • Vinyl Construction Material

Interior Spaces

  • 6,868 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Parking

  • 8 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Deck

Schools

  • Fairmount Park Elementary School
  • Madison Mid Middle School
  • West Seattle High School

Utilities

  • Natural Gas Connected
  • Cable TV Available

Community Details

  • Norris Addition Condos
  • Fairmount Subdivision

Listing and Financial Details

  • Legal Lot and Block 39-40 / 4
  • Assessor Parcel Number 6126600990

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,834

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1952
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Norris Addition
  • New Construction: No
  • CalculatedSquareFootage: 6868
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 452

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Hardwood, Vinyl, Carpet
  • Interior Amenities: Forced Air, Hardwood, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Basement,Thermal Windows

Exterior Features

  • Roof: Composition
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Brick, Cement Planked, Metal/Vinyl, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 6
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 6

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: Seattle City Light
  • SewerCompany: City of Seattle
  • WaterCompany: City of Seattle
  • WaterSewerGarbage: 4382

Schools

  • Junior High Dist: Seattle
  • High School: West Seattle High
  • Middle Or Junior School: Madison Mid

Lot Info

  • Parcel Number: 6126600990
  • Lot Size Acres: 0.1515
  • Lot Size: 50 x 132
  • Lot Size Sq Ft: 6600
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially
  • MLSLotSizeSource: Realist.com
  • ZoningClass: Multi-Family
  • LotNumber: 39-40

Green Features

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

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 7090

Multi Family

  • Gross Scheduled Income: 85080
  • Net Operating Income: 70680
  • Number Of Units Total: 4
  • Electric Expense: 110
  • Insurance Expense: 1344
  • Leasable Area: 3434
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2016
  • Tax Annual Amount: 6834

MLS Schools

  • Elementary School: Fairmount Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2016
Closed on
Oct 7, 2016
Sold by
Cole Bradley L and Cole Mitzi M
Bought by
Mihalski Philip
Seller's Agent
Craig Roberts
Berkshire Hathaway HS NW
List Price
$1,195,000
Sold Price
$1,175,000
Premium/Discount to List
-$20,000
-1.67%
Current Estimated Value
$1,688,203

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$513,203
Avg. Annual Appreciation
4.17%
Original Mortgage
$800,000
Interest Rate
3.43%

Purchase Details

Closed on
Feb 25, 2000
Sold by
Cole Bradley L
Bought by
Cole Bradley L and Cole Mitzi M

Purchase Details

Closed on
Mar 24, 1998
Sold by
Smith Neil T and Smith Cheryl C
Bought by
Cole Bradley L and Cole Gordon R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
7.06%
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
Mihalski Philip $1,174,600 Fidelity National Title
Cole Bradley L -- Pacific Nw Title
Cole Bradley L -- Pacific Nw Title
Cole Bradley L $220,000 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mihalski Philip $754,500
Closed Mihalski Philip $800,000
Previous Owner Cole Bradley L $378,600
Previous Owner Cole Bradley L $320,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2024 10/08/24 Off Market $2,185 -- --
09/06/2024 09/06/24 For Rent $2,185 0.0% --
10/11/2016 10/11/16 Sold $1,175,000 -1.7% $171 / Sq Ft
08/05/2016 08/05/16 Pending -- -- --
08/04/2016 08/04/16 For Sale $1,195,000 -- $174 / 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 $12,096 $1,182,000 $1,056,000 $126,000
2023 $11,769 $1,299,000 $1,056,000 $243,000
2022 $12,118 $1,319,000 $990,000 $329,000
2021 $13,143 $1,259,000 $924,000 $335,000
2020 $13,710 $1,311,000 $924,000 $387,000
2018 $8,750 $1,023,000 $792,000 $231,000
2017 $8,069 $836,000 $660,000 $176,000
2016 $6,834 $798,000 $528,000 $270,000
2015 $5,963 $654,000 $396,000 $258,000
2014 -- $581,000 $396,000 $185,000
2013 -- $559,000 $396,000 $163,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1009344

Northwest Multiple Listing Service (NWMLS)

APN: 612660-0990