Listed by Windermere Real Estate Co., Bought with Windermere Real Estate/East
$1,790,000
SOLD SEP 18, 2023
-- Bed
-- Bath
3,888 Sq Ft
4,320 Sq Ft Lot

Recently Sold

$460 Per Sq Ft

3% Below List Price

Highlights

  • RV Access or Parking
  • Territorial View
  • Ceramic Tile Flooring
  • Laurelhurst Elementary School Rated A-
  • No HOA
  • High Speed Internet

About This Home

As of September 2023

1909 Craftsman is venerable triplex w/ 14 BR's + smashing new tile & stone kitchens & baths. Hybrid Triplex/ Rooming House: Apt 5034 & Apt C have priv entry & exit doors. Apt B has priv exit doors while 2nd floor landing is open; could frame entry door here + 2nd WD in 2nd bath, etc. All residents now use $coin op WD's in Apt C. Big entry hall is central crossroads. Necessity was the mother of invention: fun "Sunrise Diner" View Kitchen, a vintage 2nd story remodel. See trending, clean heated floors in Apt C's new maple shaker & granite great room. Re-plumbed & re-wired, good boiler & rad's + new wall elec heat. Cap Rate & Cash Flow Info Avail. Rare find healthy, mature group living situation.

Last Agent to Sell the Property

Matthew Townsend

Windermere Real Estate Co. License #9599 Listed on: 06/23/2023

Windermere Real Estate Co.

Last Buyer's Agent

Karen Dion

Windermere Real Estate/East License #123064

Windermere Real Estate/East

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2131081

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,893

Year Built

  • Built in 1909

Lot Details

  • 4,320 Sq Ft Lot
  • Property is in very good condition

Home Design

  • Triplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,888 Sq Ft Home
  • 4-Story Property
  • Territorial Views

Flooring

  • Ceramic Tile
  • Vinyl Plank

Parking

  • 3 Parking Spaces
  • Open Parking
  • RV Access or Parking

Utilities

  • Radiator
  • Radiant Heating System
  • Heating System Mounted To A Wall or Window
  • High Speed Internet

Community Details

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

Listing and Financial Details

  • Legal Lot and Block 2 / 8
  • Assessor Parcel Number 8823901250

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,893

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1909
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: University Park Add
  • New Construction: No
  • CalculatedSquareFootage: 3888
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family, Residential
  • Fireplace: No
  • Flooring: Ceramic Tile, See Remarks, Vinyl Plank
  • Interior Amenities: Ceramic Tile
  • Stories: 4
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Basement,Coin Op Laundry,See Remarks,Storage

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: See Remarks, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Triplex
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 3
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 3
  • ParkingUncoveredSpaces: 3

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiant, Radiator, Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: Seattle
  • SewerCompany: Seattle
  • WaterCompany: Seattle
  • InternetConnected: Comiast
  • WaterSewerGarbage: 5052

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Fee Information

  • Annual Fuel Expense: 3936

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 8823901250
  • Lot Size Acres: 0.0992
  • Lot Size: 40 X 108 realist
  • Lot Size Sq Ft: 4320
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Gas Available,High Speed Internet,RV Parking
  • MLSLotSizeSource: KCA
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family,Residential
  • LotNumber: 2

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13.1
  • LeasedItems: Water Tank
  • TotalMonthlyIncome: 11760

Multi Family

  • Gross Scheduled Income: 141120
  • Net Operating Income: 108045
  • Number Of Units Total: 3
  • Electric Expense: 4601
  • Insurance Expense: 5201
  • Leasable Area: 3888
  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: true
  • VacancyRate: 0

Tax Info

  • Year: 2023
  • Tax Annual Amount: 12893

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2023
Closed on
Sep 5, 2023
Sold by
Abo Llc
Bought by
5034 17Th Llc
Seller's Agent
Matthew Townsend
Windermere Real Estate Co.
Buyer's Agent
Karen Dion
Windermere Real Estate/East
List Price
$1,848,000
Sold Price
$1,790,000
Premium/Discount to List
-$58,000
-3.14%
Views
57
Current Estimated Value
$1,937,135

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,135
Avg. Annual Appreciation
3.09%

Purchase Details

Listed on
Jul 1, 2015
Closed on
Sep 15, 2015
Sold by
Fu Weijun and Wang Ying
Bought by
Abo Llc
Seller's Agent
Matthew Townsend
Windermere Real Estate Co.
Buyer's Agent
Shelly Zhou
Coldwell Banker Bain
List Price
$1,100,000
Sold Price
$1,100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.20%
Original Mortgage
$754,000
Interest Rate
3.86%
Mortgage Type
Commercial

Purchase Details

Listed on
Jul 1, 2015
Closed on
Aug 3, 2015
Sold by
Jones Lynne Ann
Bought by
Fu Weijun and Wang Ying
Seller's Agent
Matthew Townsend
Windermere Real Estate Co.
Buyer's Agent
Shelly Zhou
Coldwell Banker Bain
List Price
$1,100,000
Sold Price
$1,100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$754,000
Interest Rate
3.86%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 24, 2011
Sold by
Jones Lynne Ann and Jones Lynne Ann
Bought by
Jones Lynne Ann
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 Type Sale Price Title Company
Warranty Deed $1,790,000 Ticor Title
Warranty Deed -- Ticor National
Warranty Deed $1,100,000 Ticor National
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $754,000 Commercial
Previous Owner $754,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2023 09/18/23 Sold $1,790,000 -3.1% $460 / Sq Ft
07/27/2023 07/27/23 Pending -- -- --
06/23/2023 06/23/23 For Sale $1,848,000 +68.0% $475 / Sq Ft
08/19/2015 08/19/15 Sold $1,100,000 0.0% $289 / Sq Ft
07/10/2015 07/10/15 Pending -- -- --
07/01/2015 07/01/15 For Sale $1,100,000 -- $289 / 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 $14,469 $1,470,000 $583,200 $886,800
2023 $12,893 $1,485,600 $583,200 $902,400
2022 $11,077 $1,485,600 $432,000 $1,053,600
2021 $11,653 $1,165,600 $432,000 $733,600
2020 $13,445 $1,172,700 $432,000 $740,700
2018 $11,384 $1,274,200 $432,000 $842,200
2017 $10,781 $1,128,300 $432,000 $696,300
2016 $9,348 $1,107,000 $410,400 $696,600
2015 $7,941 $933,000 $367,200 $565,800
2014 -- $808,000 $324,000 $484,000
2013 -- $808,000 $367,200 $440,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2131081

Northwest Multiple Listing Service (NWMLS)

APN: 882390-1250