Listed by Skyline Properties, Inc., Bought with Realogics Sotheby's Int'l Rlty
NOT LISTED FOR SALE

Estimated Value: $1,092,068 - $1,479,000

4 Beds
2 Baths
2,150 Sq Ft
$628/Sq Ft Est. Value

Sale Details

Date Sold: May 11, 2021

Last sale price $1,290,000 $600 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $8,312 / mo

Highlights

  • Secluded Lot
  • Patio
  • Partially Fenced Property
  • Laurelhurst Elementary School Rated A-
  • Vinyl Plank Flooring

About This Home

As of May 2021

Excellent student housing investment property only two blocks from UW campus -along Greek Row. This 7 bedroom, 2 bath rental has been fully remodeled in 2018, including new Vinyl Plank flooring, new kitchen, new vanities and more. The property includes a storage shed, a nice fenced backyard and off street parking for three vehicles tandem; w/ ability to add two more spaces. Tenants are currently on one easy to manage lease & paying all utilities. Current lease: $6327 until 8/31/21. New lease is in place for $6550 2022 - 5.4% Cap Rate. This highly sought after location has not been vacant in 17 years. Rare opportunity to own a low maintenance and high income investment in U district, with up zone potential.

Last Agent to Sell the Property

Sam Ghanim

Skyline Properties, Inc. License #135586 Listed on: 04/27/2021

Skyline Properties, Inc.

Last Buyer's Agent

Enrica Zeggio

Realogics Sotheby's Int'l Rlty License #117464

Realogics Sotheby's Int'l Rlty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1764326

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,104

Year Built

  • Built in 1910

Lot Details

  • 3,700 Sq Ft Lot
  • Partially Fenced Property
  • Secluded Lot
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 2,150 Sq Ft Home
  • 3-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl Plank

Additional Features

  • Patio
  • Cable TV Available

Community Details

  • University District Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7173700130

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,104

Year Built

Built in 1910

Lot Details

3,700 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1910
  • Buyer Agency Compensation: 2.75
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • Structure Type: Duplex
  • CalculatedSquareFootage: 2150
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl Plank, Carpet
  • Interior Amenities: Forced Air, Wall to Wall Carpet
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Secluded, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Cement Planked
  • Foundation Details: Poured Concrete
  • Property Condition: Good

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: No
  • Open Parking: No
  • Total Parking Spaces: 1

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Utilities: Cable Connected, Natural Gas Available, Sewer Connected, Electric, Natural Gas Connected

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 7173700130
  • Lot Size Acres: 0.0849
  • Lot Size Sq Ft: 3700
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,Gas Available,Patio
  • MLSLotSizeSource: MLS Realist
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 16
  • LeasedItems: None
  • TotalMonthlyIncome: 6550

Tax Info

  • Year: 2020
  • Tax Annual Amount: 7104

Multi Family

  • Number Of Units Total: 1
  • EnergySource: Electric,Natural Gas
  • UnitsBelowGrade: true

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 8, 2024
Sold by
Bought by
Current Estimated Value
$1,350,267

Purchase Details

Listed on
Apr 27, 2021
Closed on
May 5, 2021
Sold by
Bought by
Seller's Agent
Sam Ghanim
Skyline Properties, Inc.
Buyer's Agent
Enrica Zeggio
Realogics Sotheby's Int'l Rlty
List Price
$1,280,000
Sold Price
$1,290,000
Premium/Discount to List
$10,000
0.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.88%

Purchase Details

Closed on
Nov 3, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$313 None Listed On Document
$1,290,000 First American Title
$485,000 Stewart Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $227,000
Previous Owner $250,000
Previous Owner $280,000
Previous Owner $330,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/11/2021 05/11/21 Sold $1,290,000 +0.8% $600 / Sq Ft
04/27/2021 04/27/21 Pending -- -- --
04/27/2021 04/27/21 For Sale $1,280,000 -- $595 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $11,443 $1,092,000 $617,000 $475,000
2024 $9,529 $972,000 $629,000 $343,000
2023 $8,211 $847,000 $594,000 $253,000
2022 $7,264 $993,000 $561,000 $432,000
2021 $7,139 $768,000 $428,000 $340,000
2020 $7,104 $717,000 $428,000 $289,000
2018 $6,355 $682,000 $327,000 $355,000
2017 $5,511 $626,000 $305,000 $321,000
2016 $4,976 $560,000 $273,000 $287,000
2015 $4,815 $493,000 $247,000 $246,000
2014 -- $490,000 $188,000 $302,000
2013 -- $418,000 $161,000 $257,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1764326

Northwest Multiple Listing Service (NWMLS)

APN: 717370-0130

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