Listed by Windermere Real Estate Co., Bought with The Paragon Group
NOT LISTED FOR SALE

Estimated Value: $1,171,000 - $1,261,000

-- Bed
-- Bath
3,900 Sq Ft
$308/Sq Ft Est. Value

Last Sold April 21, 2017

Last sale price $740,000 $190 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $7,248/month

3 Days on Market

Highlights

  • Deck
  • Territorial View
  • Patio
  • Hazelwood Elementary School Rated 9+
  • Thermal Windows
  • Ceramic Tile Flooring

About This Home

As of April 2017

Great location, well maintained 4-plex investment property with parking. Spacious 2 bedroom/1 bath units with lots of living space, balcony or patio options. In 2016, 2-units were updated with granite countertops, new tile flooring & hardwood laminate flooring. Other units were updated 6 yrs earlier. New double pane windows in 2016 and the roof was replaced in 2012. Every unit has own Washer and Dryer. Includes 4 off-street parking spaces. Great location.

Last Agent to Sell the Property

Carol Yamamoto

Windermere Real Estate Co. License #13747 Listed on: 03/16/2017

Windermere Real Estate Co.

Last Buyer's Agent

Ross Hubbard

The Paragon Group License #117280

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1090278

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,940

Year Built

  • Built in 1967

Lot Details

  • 5,000 Sq Ft Lot
  • Partially Fenced Property
  • Property is in very good condition

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Wood Siding

Interior Spaces

  • 3,900 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Parking

  • 4 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Utilities

  • Cable TV Available

Community Details

  • Renton Farm Plat No. 2 Condos
  • Renton Subdivision

Listing and Financial Details

  • Legal Lot and Block 20 / 13
  • Assessor Parcel Number 7224500230

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,940

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1967
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Renton Farm Plat No. 2
  • New Construction: No
  • CalculatedSquareFootage: 3900
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 349

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate, Vinyl, Carpet
  • Interior Amenities: Ceramic Tile, Wall to Wall Carpet, Laminate Hardwood
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Thermal Windows

Exterior Features

  • Roof: Flat
  • View: Territorial
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Property Condition: Very Good
  • Structure Type: Quadruplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: Renton
  • WaterCompany: Renton
  • WaterSewerGarbage: 4997

Schools

  • Junior High Dist: Renton
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 7224500230
  • Lot Size Acres: 0.1148
  • Lot Size Sq Ft: 5000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,Patio
  • MLSLotSizeSource: KCR
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family
  • LotNumber: 20

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 4100

Multi Family

  • Gross Scheduled Income: 44400
  • Net Operating Income: 33316
  • Number Of Units Total: 4
  • Insurance Expense: 1147
  • Leasable Area: 3360
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2015
  • Tax Annual Amount: 4940

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 4, 2020
Sold by
Baroni Daniel
Bought by
Daniel Baroni Trust and Baroni
Current Estimated Value
$1,201,433

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$519,650
Outstanding Balance
$466,120
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$721,580

Purchase Details

Closed on
Aug 8, 2020
Sold by
Baroni Daniel
Bought by
Baroni Daniel and The Daniel Baroni Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$519,650
Outstanding Balance
$466,120
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$721,580

Purchase Details

Listed on
Mar 16, 2017
Closed on
Apr 7, 2017
Sold by
Fung Lawrence H and Fung June C
Bought by
Baroni Daniel and The Daniel Baroni Trust
Seller's Agent
Carol Yamamoto
Windermere Real Estate Co.
Buyer's Agent
Ross Hubbard
The Paragon Group
List Price
$615,000
Sold Price
$740,000
Premium/Discount to List
$125,000
20.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.86%
Original Mortgage
$5,525,000
Interest Rate
4.21%

Purchase Details

Closed on
Jan 11, 2005
Sold by
Tharp Juliet R
Bought by
Fung Lawrence H and Fung June C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
5.8%

Purchase Details

Closed on
Aug 27, 1998
Sold by
Tonda Ernest J and Tonda Lila Jean
Bought by
Tharp John J and Tharp Juliet R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.91%
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
Daniel Baroni Trust -- None Listed On Document
Baroni Daniel -- None Available
Baroni Daniel -- None Available
Baroni Daniel $740,000 Cw Title Co
Fung Lawrence H $405,000 Ticor National
Tharp John J $200,000 Old Republic Title Ltd
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baroni Daniel $519,650
Previous Owner Baroni Daniel $5,525,000
Previous Owner Fung Lawrence H $296,000
Previous Owner Fung Lawrence H $324,000
Previous Owner Tharp John J $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2017 04/21/17 Sold $740,000 +20.3% $190 / Sq Ft
03/20/2017 03/20/17 Pending -- -- --
03/16/2017 03/16/17 For Sale $615,000 -- $158 / 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 $10,446 $963,000 $215,000 $748,000
2023 $11,465 $1,015,000 $205,000 $810,000
2022 $11,697 $1,112,000 $180,000 $932,000
2021 $11,187 $986,000 $160,000 $826,000
2020 $9,203 $901,000 $160,000 $741,000
2018 $7,892 $666,000 $148,000 $518,000
2017 $6,377 $550,000 $112,500 $437,500
2016 $6,526 $426,000 $112,500 $313,500
2015 $4,952 $492,700 $112,500 $380,200
2014 -- $391,000 $110,000 $281,000
2013 -- $341,000 $100,000 $241,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1090278

Northwest Multiple Listing Service (NWMLS)

APN: 722450-0230