NOT LISTED FOR SALE

Estimated Value: $800,000 - $989,553

7 Beds
4 Baths
2,800 Sq Ft
$310/Sq Ft Est. Value

Last Sold August 02, 2012

Last sale price $325,000 $116 Per Sq Ft

Est. 167% increase in value since last sale

Current estimated payment $5,645/month

28 Days on Market

Highlights

  • Thermal Windows
  • Ceramic Tile Flooring
  • Partially Fenced Property
  • Fairmount Park Elementary Rated A-

About This Home

As of August 2012

With a golf course and park within a 5 minute walk, Alki a 10 minute drive, and California Ave a stones throw away, there are many amenities within easy walking distance! The Rapid Ride bus line is across the street, and can get anyone downtown in about 15 minutes.

This unit has 3 bedrooms, 2 of which are connected and ideal for a home office, nursery, or two connected rooms. 2 Bathrooms, in unit washer and dryer, patio, and rain garden in your front yard make this a lovely setting for any renter.

Unit is two floors, and duplex is side by side - so no living above or below another unit. There is one dedicated parking spot which is off street, and street parking available for additional vehicles.

Please contact us for more details. Prorated first month rent and a $2495 refundable security deposit due to move in. Pets may be accepted on a case by case review, and with a pet deposit.

Tenant pays electric bill, plus water, sewer, garbage. Water, Sewer, Garbage fixed payment each month: $125/mo for first two tenants plus $25 per addition tenant capped at $200 a month.
Refundable security deposit of $2495
Tenant credit score of 650+, 3x rent to income, rental references preferred

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,700

Year Built

  • Built in 1982

Lot Details

  • 4,960 Sq Ft Lot
  • Partially Fenced Property
  • Value in Land

Home Design

  • Triplex
  • Fixer Upper
  • Concrete Foundation
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 2,800 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Parking

  • 3 Parking Spaces
  • Open Parking

Additional Features

  • Outbuilding
  • Cable TV Available

Community Details

  • Cottage Grove 02 Condos
  • Delridge Subdivision

Listing and Financial Details

  • Legal Lot and Block 12 / 20
  • Assessor Parcel Number 1773100435

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,700

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1982
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Cottage Grove 02
  • CalculatedSquareFootage: 2800
  • Special Features: None
  • Cumulative Days on Market: 305

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Ceramic Tile, Carpet
  • Interior Amenities: Ceramic Tile, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Storage,Thermal Windows

Exterior Features

  • Roof: Composition
  • Lot Features: Alley, Curbs, Paved, Sidewalk, Value In Land
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Concrete Ribbon
  • Property Condition: Fixer
  • 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
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Natural Gas Available, Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: City of Seattle
  • WaterCompany: City of Seattle
  • WaterSewerGarbage: 4500

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 1773100435
  • Lot Size Acres: 0.1139
  • Lot Size: 200
  • Lot Size Sq Ft: 4960
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,Gas Available,Outbuildings
  • ZoningClass: Multi-Family
  • LotNumber: 12

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 2750

Multi Family

  • Gross Scheduled Income: 33000
  • Net Operating Income: 23700
  • Number Of Units Total: 3
  • Insurance Expense: 960
  • Leasable Area: 3400
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2012
  • Tax Annual Amount: 3700

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2016
Sold by
Moen Kevin
Bought by
Cornerstone Estate Management Llc
Total Days on Market
28
Current Estimated Value
$869,184

Purchase Details

Listed on
May 17, 2012
Closed on
Aug 1, 2012
Sold by
Gastaldi Vincent A and Gastaldi Lisa B
Bought by
Moen Kevin M
List Price
$350,000
Sold Price
$325,000
Premium/Discount to List
-$25,000
-7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.10%
Original Mortgage
$319,113
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 11, 2000
Sold by
Va
Bought by
Gastaldi Vincent A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,900
Interest Rate
7.87%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 17, 1999
Sold by
Davis Robert L
Bought by
Chemical Mtg Company

Purchase Details

Closed on
Mar 5, 1999
Sold by
Chase Mtg Company
Bought by
Va

Purchase Details

Closed on
Jul 5, 1994
Sold by
Whiting Marilyn Y
Bought by
Davis Robert L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,650
Interest Rate
8.53%
Mortgage Type
Assumption
Source: Public Records

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Range of Values:

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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
Cornerstone Estate Management Llc -- None Available
Moen Kevin M $325,000 Nextitle
Gastaldi Vincent A $191,500 Transnation Title Insurance
Chemical Mtg Company $138,688 --
Va -- --
Davis Robert L $157,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Moen Kevin M $104,500
Previous Owner Moen Kevin M $315,200
Previous Owner Moen Kevin M $319,113
Previous Owner Gastaldi Vincent A $65,000
Previous Owner Gastaldi Vincent A $181,900
Previous Owner Davis Robert L $160,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2024 11/04/24 Off Market $2,495 -- --
10/08/2024 10/08/24 Off Market $2,495 -- --
10/06/2024 10/06/24 For Rent $2,495 0.0% --
10/05/2024 10/05/24 For Rent $2,495 0.0% --
08/02/2012 08/02/12 Sold $325,000 -7.1% $116 / Sq Ft
06/15/2012 06/15/12 Pending -- -- --
05/17/2012 05/17/12 For Sale $350,000 -- $125 / 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 $9,188 $924,000 $513,000 $411,000
2023 $7,722 $845,000 $453,000 $392,000
2022 $6,991 $888,000 $412,000 $476,000
2021 $6,645 $737,000 $351,000 $386,000
2020 $6,421 $664,000 $311,000 $353,000
2018 $5,609 $668,000 $317,000 $351,000
2017 $4,817 $548,000 $265,000 $283,000
2016 $3,591 $485,000 $248,000 $237,000
2015 $3,155 $347,000 $346,000 $1,000
2014 -- $311,000 $310,000 $1,000
2013 -- $311,000 $310,000 $1,000
Source: Public Records

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 357853

Northwest Multiple Listing Service (NWMLS)

APN: 177310-0435