NOT LISTED FOR SALE

Estimated Value: $1,606,922

9 Beds
3 Baths
3,260 Sq Ft
$493/Sq Ft Est. Value

Last Sold February 28, 2023

Last sale price $1,420,000 $436 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $9,992/month

24 Days on Market

Highlights

  • Mountain View
  • Deck
  • No HOA
  • Laurelhurst Elementary School Rated A-
  • Engineered Wood Flooring
  • Wood Siding

About This Home

As of February 2023

Investor alert in prime UW location! This SFR permitted duplex with an effective year built of 1985, located just 3 blocks north of UW campus near Greek row & half a mile to UVillage, is easy to rent, consistently leased by groups of individuals who enjoy a shared living space near campus. With 1 kitchen, 1 BA, 4 BR up, 1 kitchen, 1 BA, 4 BR on main and 5 BR and a 3/4 BA in the basement, individuals have the benefit of privacy and space for gathering. The main shared living room has the original 1905 character of the era intact with a walk out porch with easterly view. The second level offers a cascade view balcony. Shared laundry is conveniently located on main. 8+ off street tandem parking spaces are a huge plus!

Last Agent to Sell the Property

Sally Keadle

COMPASS License #25005207 Listed on: 11/10/2022

COMPASS

Last Buyer's Agent

GraceXiaowen Xu

John L. Scott, Inc. License #21007979

John L. Scott, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2016192

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,122

Year Built

  • Built in 1905

Lot Details

  • 5,000

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,260 Sq Ft Home
  • 3-Story Property
  • Mountain Views

Flooring

  • Engineered Wood
  • Laminate
  • Vinyl

Parking

  • 8 Parking Spaces
  • Open Parking

Additional Features

  • Deck
  • 5,000 Sq Ft Lot
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Ravenna Springs Park Add Condos
  • University District Subdivision

Listing and Financial Details

  • Legal Lot and Block 14 / 5
  • Assessor Parcel Number 7173700185

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,122

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1905
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: RAVENNA SPRINGS PARK ADD
  • New Construction: No
  • CalculatedSquareFootage: 3260
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 341

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Engineered Hardwood, Laminate, Vinyl
  • Interior Amenities: Forced Air, Laminate
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Basement

Exterior Features

  • Roof: Composition
  • View: Mountain(s)
  • Lot Features: Curbs, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Fair
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • PowerCompany: City of Seattle
  • SewerCompany: Seattle Public Utilities
  • WaterCompany: Seattle Public Utilities
  • CableConnected: Xfinity
  • InternetConnected: Xfinity
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 7173700185
  • Lot Size Acres: 0.1148
  • Lot Size Sq Ft: 5000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: City
  • ZoningClass: Residential
  • LotNumber: 14

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 15
  • LeasedItems: None
  • TotalMonthlyIncome: 9200

Multi Family

  • Gross Scheduled Income: 105800
  • Net Operating Income: 78210
  • Number Of Units Total: 2
  • Insurance Expense: 3000
  • Leasable Area: 3260
  • EnergySource: Natural Gas
  • UnitsBelowGrade: true
  • VacancyRate: 0

Tax Info

  • Year: 2022
  • Tax Annual Amount: 9122

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 21, 2023
Sold by
Deng Ziheng and Deng Xiaowen
Bought by
Deciam Llc
Current Estimated Value
$1,606,922

Purchase Details

Listed on
Nov 10, 2022
Closed on
Feb 24, 2023
Sold by
Keadle Chris
Bought by
Deng Ziheng and Xu Xiaowen
Seller's Agent
Sally Keadle
COMPASS
Buyer's Agent
GraceXiaowen Xu
John L. Scott, Inc.
List Price
$1,595,000
Sold Price
$1,420,000
Premium/Discount to List
-$175,000
-10.97%
Views
4

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.31%
Original Mortgage
$915,000
Interest Rate
6.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 2005
Sold by
Anderson Geoffrey H
Bought by
Keadle Chris and Keadle Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,700
Interest Rate
5.81%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 21, 1992
Sold by
Mcjunkin John F
Bought by
Anderson Geoffrey H
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
Deciam Llc -- None Listed On Document
Deng Ziheng $1,420,000 Cw Title
Keadle Chris $696,395 Ticor National
Anderson Geoffrey H $224,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Deng Ziheng $915,000
Previous Owner Keadle Kevin $70,700
Previous Owner Keadle Chris $557,116
Previous Owner Anderson Geoffrey H $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2023 02/28/23 Sold $1,420,000 -11.0% $436 / Sq Ft
12/04/2022 12/04/22 Pending -- -- --
11/10/2022 11/10/22 For Sale $1,595,000 -- $489 / 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 $13,107 $1,323,800 $675,000 $648,800
2023 $12,970 $1,337,900 $675,000 $662,900
2022 $9,122 $1,203,400 $500,000 $703,400
2021 $9,474 $946,700 $500,000 $446,700
2020 $10,954 $940,900 $500,000 $440,900
2018 $9,150 $1,016,100 $500,000 $516,100
2017 $8,649 $896,700 $500,000 $396,700
2016 $8,450 $878,400 $475,000 $403,400
2015 $6,668 $840,200 $425,000 $415,200
2014 -- $671,700 $375,000 $296,700
2013 -- $671,700 $375,000 $296,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2016192

Northwest Multiple Listing Service (NWMLS)

APN: 717370-0185