Listed by John L. Scott, Inc., Bought with eLink Realty
NOT LISTED FOR SALE

Estimated Value: $1,101,000 - $1,383,000

5 Beds
2 Baths
2,200 Sq Ft
$571/Sq Ft Est. Value

Last Sold August 28, 2013

Last sale price $570,000 $259 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $7,774/month

8 Days on Market

Highlights

  • Ceramic Tile Flooring
  • High Speed Internet
  • 3-minute walk to University Playground
  • Hamilton International Middle School Rated A
  • Wood Siding

About This Home

As of August 2013

Spacious 1924 Craftsman with 5Br/2Bth or legal duplex (Zoned LR1).Upstairs has 3Br/1Bth, downstairs has 2Br/1Bth.This versatile home has options.The lower level has a full separate unit with it's own entrance.Lower level shared utility room.Separate gas meters, furnaces, H20 tanks.1 attc'd garage & 1 uncovered.Period detail in upper main living area w/built-in shelves around fireplace.Dark Woodlike flooring & tile upstairs.Retro kitchen & bath up.Lower level remodeled 1 yr ago.Private yard.

Last Agent to Sell the Property

Wendy Carrington

John L. Scott, Inc. License #1151 Listed on: 08/09/2013

John L. Scott, Inc.

Co-Listed By

Elaine Shankland

KW Greater Seattle License #103857

Last Buyer's Agent

Joe Zhou

eLink Realty License #18232

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 529829

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,602

Year Built

  • Built in 1924

Lot Details

  • 4,390

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,200 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 2 Parking Spaces
  • 1 Covered Space
  • Open Parking

Schools

  • Mc Donald Elementary School
  • Hamilton Mid Middle School
  • Roosevelt High School

Utilities

  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Outbuilding
  • 4,390 Sq Ft Lot

Community Details

  • Roosevelt Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2862100875

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,602

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1924
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2200
  • Special Features: VirtualTour
  • Cumulative Days on Market: 374

Interior Features

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

Exterior Features

  • Roof: Composition
  • Lot Features: Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Open Parking Spaces: 1
  • Open Parking: Yes
  • Total Parking Spaces: 2
  • ParkingUncoveredSpaces: 1

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Natural Gas Connected
  • PowerCompany: City of Seattle
  • SewerCompany: City of Seattle
  • WaterCompany: City of Seattle
  • WaterSewerGarbage: 0

Schools

  • Junior High Dist: Seattle
  • High School: Roosevelt High
  • Middle Or Junior School: Hamilton Mid

Lot Info

  • Parcel Number: 2862100875
  • Lot Size Acres: 0.1008
  • Lot Size Sq Ft: 4390
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,High Speed Internet,Outbuildings
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 15
  • LeasedItems: None
  • TotalMonthlyIncome: 3050

Multi Family

  • Gross Scheduled Income: 36660
  • Net Operating Income: 35540
  • Number Of Units Total: 2
  • Insurance Expense: 600
  • Leasable Area: 2100
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: true
  • VacancyRate: 0

Tax Info

  • Year: 2013
  • Tax Annual Amount: 4602

MLS Schools

  • Elementary School: Mc Donald Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2013
Closed on
Aug 23, 2013
Sold by
Kang Kyung J and Kang Chung In
Bought by
Gao Yang and Chen Xiao
Seller's Agent
Wendy Carrington
John L. Scott, Inc.
Buyer's Agent
Joe Zhou
eLink Realty
List Price
$579,000
Sold Price
$570,000
Premium/Discount to List
-$9,000
-1.55%
Current Estimated Value
$1,255,663

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$685,663
Avg. Annual Appreciation
6.58%

Purchase Details

Closed on
Aug 1, 2005
Sold by
Simmons Paul L and Simmons Nancy E
Bought by
Kang Kyung J and Kang Chung In

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$379,200
Interest Rate
5.12%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 20, 1999
Sold by
Hoy Terry Z
Bought by
Simmons Paul L and Simmons Nancy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,800
Interest Rate
3.95%
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
Gao Yang $570,000 Wfg National T
Kang Kyung J $474,000 --
Simmons Paul L $316,000 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gao Yang $25,000
Previous Owner Kang Kyung J $379,200
Previous Owner Simmons Paul L $252,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2013 08/28/13 Sold $570,000 -1.6% $259 / Sq Ft
08/20/2013 08/20/13 Pending -- -- --
08/11/2013 08/11/13 For Sale $579,000 -- $263 / 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 $11,349 $1,170,000 $1,169,000 $1,000
2023 $10,538 $1,104,000 $1,103,000 $1,000
2022 $9,225 $1,109,000 $1,041,000 $68,000
2021 $8,749 $990,000 $919,000 $71,000
2020 $8,461 $890,000 $793,000 $97,000
2018 $7,215 $780,000 $419,000 $361,000
2017 $6,260 $716,000 $390,000 $326,000
2016 $5,848 $641,000 $349,000 $292,000
2015 $4,704 $585,000 $316,000 $269,000
2014 -- $478,000 $233,000 $245,000
2013 -- $456,000 $233,000 $223,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 529829

Northwest Multiple Listing Service (NWMLS)

APN: 286210-0875