Listed by Lake & Company, Bought with COMPASS
$1,000,000
SOLD OCT 20, 2014
-- Bed
-- Bath
4,780 Sq Ft
7,957 Sq Ft Lot

Recently Sold

$209 Per Sq Ft

25% Above List Price

6 Days on Market

Highlights

  • Deck
  • Corner Lot
  • Partially Fenced Property
  • Laurelhurst Elementary School Rated A-
  • Patio
  • 3-minute walk to Pathways Park

About This Home

As of July 2022

Fantastic 4-plex in the Laurelhurst/Windermere neighborhood. This is a great opportunity to own a low maintenance building in a blue chip location. 3 large units each the size of many single family homes, plus one spacious studio. Building features private deck, yard space, patio, lrg living spaces & tasteful décor. 3 units w/fireplaces, 4 covered parking. This is a sought after rental area just blocks to Children's hospital & short bus ride to UW & U Village.

Last Agent to Sell the Property

Claudine Fleury

Lake & Company License #77018 Listed on: 07/17/2014

Lake & Company

Last Buyer's Agent

Jeff Green

COMPASS License #51588

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 660747

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,764

Year Built

  • Built in 1962

Lot Details

  • 7,957 Sq Ft Lot
  • Partially Fenced Property
  • Corner Lot

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Poured Concrete
  • Bitumen Roof
  • Wood Siding

Interior Spaces

  • 4,780 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 7 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio
  • Outbuilding

Utilities

  • Cable TV Available

Community Details

  • Balch's Balchwood Condos
  • Laurelhurst Subdivision

Listing and Financial Details

  • Legal Lot and Block 1 / 2
  • Assessor Parcel Number 0394500055

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,764

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1962
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Balch's Balchwood
  • New Construction: No
  • CalculatedSquareFootage: 4780
  • Special Features: 12
  • Cumulative Days on Market: 275

Interior Features

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

Exterior Features

  • Roof: Torch Down
  • Lot Features: Corner Lot, Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Brick, Wood
  • Foundation Details: Poured Concrete
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Spaces: 4
  • Carport Y N: No
  • Open Parking Spaces: 3
  • Open Parking: Yes
  • Total Parking Spaces: 7
  • ParkingUncoveredSpaces: 3

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Natural Gas Available, Sewer Connected, Electric
  • PowerCompany: Seattle City Light
  • SewerCompany: SPU
  • WaterCompany: SPU
  • WaterSewerGarbage: 4572

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 0394500055
  • Lot Size Acres: 0.1827
  • Lot Size Sq Ft: 7957
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,Gas Available,Outbuildings,Patio
  • MLSLotSizeSource: KCR
  • LotNumber: 1

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 12
  • LeasedItems: None
  • TotalMonthlyIncome: 5755

Multi Family

  • Gross Scheduled Income: 69062
  • Net Operating Income: 51274
  • Number Of Units Total: 4
  • Electric Expense: 636
  • Insurance Expense: 900
  • Leasable Area: 4480
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2014
  • Tax Annual Amount: 7764

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2022
Closed on
Jun 20, 2022
Sold by
Rappaport and Michael
Bought by
Fine Structures Inc
Buyer's Agent
Ian Porter
Windermere RE/Capitol Hill,Inc
List Price
$2,150,000
Sold Price
$2,150,000
Total Days on Market
6
Current Estimated Value
$2,140,049

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,951
Avg. Annual Appreciation
-0.69%

Purchase Details

Listed on
Jul 17, 2014
Closed on
Oct 10, 2014
Sold by
Moorhead James J and Mccluskey Patricia A
Bought by
Oz Boys Llc
Seller's Agent
Claudine Fleury
Lake & Company
Buyer's Agent
Jeff Green
COMPASS
List Price
$800,000
Sold Price
$1,000,000
Premium/Discount to List
$200,000
25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.42%

Purchase Details

Closed on
May 24, 2006
Sold by
Mamiya Sumio and Mamiya Haruko
Bought by
Moorhead James J and Mccluskey Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$687,750
Interest Rate
1.75%

Purchase Details

Closed on
Sep 1, 1994
Sold by
Rogerson Francis L and Rogerson Anna Lou
Bought by
Mamiya Sumio and Mamiya Haruko

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
7%
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 Type Sale Price Title Company
Warranty Deed $2,150,000 None Listed On Document
Quit Claim Deed -- None Listed On Document
Warranty Deed $1,000,000 Ticor National
Warranty Deed $982,500 Commonwealth L
Warranty Deed $415,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $325,000 Adjustable Rate Mortgage/ARM
Previous Owner $98,200 No Value Available
Previous Owner $687,750 No Value Available
Previous Owner $315,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2022 07/07/22 Sold $2,150,000 0.0% $506 / Sq Ft
07/07/2022 07/07/22 For Sale $2,150,000 +115.0% $506 / Sq Ft
10/20/2014 10/20/14 Sold $1,000,000 +25.0% $209 / Sq Ft
07/24/2014 07/24/14 Pending -- -- --
07/17/2014 07/17/14 For Sale $800,000 -- $167 / 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 $15,764 $1,592,400 $1,591,400 $1,000
2023 $15,446 $1,592,400 $1,591,400 $1,000
2022 $14,976 $1,592,400 $1,591,400 $1,000
2021 $15,681 $1,592,400 $1,591,400 $1,000
2020 $14,023 $1,592,400 $1,591,400 $1,000
2018 $12,205 $1,321,000 $1,113,900 $207,100
2017 $10,183 $1,204,000 $795,700 $408,300
2016 $8,600 $1,033,000 $755,900 $277,100
2015 -- $846,000 $755,900 $90,100
2014 -- $683,000 $596,700 $86,300
2013 -- $709,000 $556,900 $152,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 660747

Northwest Multiple Listing Service (NWMLS)

APN: 039450-0055