Listed by West Seattle Realty, Bought with West Seattle Realty
NOT LISTED FOR SALE

Estimated Value: $733,000 - $1,045,000

3 Beds
2 Baths
1,600 Sq Ft
$579/Sq Ft Est. Value

Last Sold September 30, 2013

Last sale price $440,000 $275 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $5,704/month

95 Days on Market

Highlights

  • Deck
  • Territorial View
  • High Speed Internet
  • Fairmount Park Elementary Rated A-
  • Patio
  • Partially Fenced Property

About This Home

As of September 2013

Investor Alert!! Extremely well built & maintained duplex w/new carpet,paint & deck. Desirable, walkable location, 1/2 block to Jefferson Square, Alaska Junction & all the nearby hip & chic amenities! Detached 3 Car garage/shop rented $640/mo w/long term tenants. Top floor has deck w/fab territorial & Mt Ranier views. Both units have washer/dryer & gas heat, vinyl insulated windows. Spacious, private back yard perfect for pets & entertaining. Stellar Investment in booming WS location!

Last Agent to Sell the Property

Shelby White

West Seattle Realty License #4387 Listed on: 06/10/2013

Last Buyer's Agent

Hayley Martin-Hampton

West Seattle Realty License #100404

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 500264

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,216

Year Built

  • Built in 1956

Lot Details

  • 5,750 Sq Ft Lot
  • Partially Fenced Property
  • Property is in good condition

Home Design

  • Duplex
  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Vinyl Construction Material

Interior Spaces

  • 1,600 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 3 Parking Spaces
  • 3 Covered Spaces

Outdoor Features

  • Deck
  • Patio

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Scenic Park Condos
  • Alaska Junction Subdivision

Listing and Financial Details

  • Legal Lot and Block 17 - 18 / 4
  • Assessor Parcel Number 7579200590

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,216

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1956
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Scenic Park
  • CalculatedSquareFootage: 1600
  • Special Features: None

Interior Features

  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Forced Air, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Alley, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Brick, Metal/Vinyl, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Open Parking: No
  • Total Parking Spaces: 3
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Available
  • Water Source: Public
  • Security: FullyFenced
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Natural Gas Connected
  • PowerCompany: Seattle
  • SewerCompany: Seattle
  • WaterCompany: Seattle
  • WaterSewerGarbage: 2520

Fee Information

  • Annual Fuel Expense: 360

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 7579200590
  • Lot Size Acres: 0.132
  • Lot Size Sq Ft: 5750
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,Gas Available,High Speed Internet,Patio,Shop
  • ZoningJurisdiction: City
  • LotNumber: 17 - 18

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13
  • LeasedItems: None
  • TotalMonthlyIncome: 2790

Multi Family

  • Gross Scheduled Income: 33480
  • Net Operating Income: 23375
  • Number Of Units Total: 2
  • Insurance Expense: 608
  • Leasable Area: 1580
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2013
  • Tax Annual Amount: 4216

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 18, 2015
Sold by
Pedersen Brandon and Pedersen Janet
Bought by
4840 418 Ave Sw Llc
Current Estimated Value
$927,057

Purchase Details

Listed on
Jun 10, 2013
Closed on
Sep 25, 2013
Sold by
Mccomb Michael R and Fuller Katie M
Bought by
Pedersen Brandon and Pedersen Janet
Seller's Agent
Shelby White
West Seattle Realty
Buyer's Agent
Hayley Martin-Hampton
West Seattle Realty
List Price
$449,500
Sold Price
$440,000
Premium/Discount to List
-$9,500
-2.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.41%

Purchase Details

Closed on
Nov 30, 2009
Sold by
Ava Douglas G and Ava Lorna L
Bought by
Mccomb Michael R and Fuller Katie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
4.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2006
Sold by
Sweeney James B and Bartelson Robert
Bought by
Ava Douglas G and Ava Lorna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,500
Interest Rate
6.17%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 28, 2006
Sold by
Sbh Partnership
Bought by
Sweeney James B and Bartelson Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,500
Interest Rate
6.17%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 4, 2000
Sold by
Hanson Holly and Hanson Heidi
Bought by
Sbh Partnership

Purchase Details

Closed on
Oct 20, 1990
Sold by
Sweeney Hazel E
Bought by
Mccambridge Lorraine A

Purchase Details

Closed on
Dec 1, 1982
Sold by
Hanson Jerald S and Hanson Julie H
Bought by
Hanson Heidi Lee and Hanson Holly Anne
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
4840 418 Ave Sw Llc -- None Available
Pedersen Brandon $440,000 Ticor National
Mccomb Michael R $424,000 Stewart Title
Ava Douglas G $425,000 Chicago Title
Sweeney James B -- Chicago Title
Sbh Partnership -- --
Mccambridge Lorraine A -- --
Hanson Heidi Lee -- Chicago Title
Hanson Heidi Lee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mccomb Michael R $175,000
Previous Owner Ava Douglas G $42,500
Previous Owner Ava Douglas G $340,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2013 09/30/13 Sold $440,000 -2.1% $275 / Sq Ft
09/15/2013 09/15/13 Pending -- -- --
06/11/2013 06/11/13 For Sale $449,500 -- $281 / 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 $9,234 $919,000 $679,000 $240,000
2023 $8,299 $836,000 $598,000 $238,000
2022 $7,414 $868,000 $391,000 $477,000
2021 $7,340 $766,000 $362,000 $404,000
2020 $7,184 $722,000 $338,000 $384,000
2018 $6,537 $721,000 $339,000 $382,000
2017 $5,171 $632,000 $298,000 $334,000
2016 $4,823 $511,000 $331,000 $180,000
2015 $4,184 $466,000 $299,000 $167,000
2014 -- $412,000 $270,000 $142,000
2013 -- $409,000 $270,000 $139,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 500264

Northwest Multiple Listing Service (NWMLS)

APN: 757920-0590