NOT LISTED FOR SALE

5208 Sand Point Way NE Seattle, WA 98105

Laurelhurst Neighborhood

Estimated Value: $1,691,814 - $2,029,000

8 Beds
4 Baths
3,510 Sq Ft
$524/Sq Ft Est. Value

Last Sold October 26, 2012

Last sale price $649,900 $185 Per Sq Ft

Est. 183% increase in value since last sale

Current estimated payment $11,389/month

3 Days on Market

Highlights

  • Territorial View
  • Patio
  • Wall to Wall Carpet
  • Laurelhurst Elementary School Rated A-
  • Partially Fenced Property
  • 3-minute walk to Pathways Park

About This Home

As of October 2012

Well maintained triplex in prime location. Main unit with 3 bed/1.75 baths; 2nd unit w/2 bed/1 bath; 3rd unit w/1 bed/1 bath. All three units have brick wood-burning fireplaces, gas heat and washer/dryer in unit. 2 larger units each have single car garage. Plenty of extra parking. Nice new city sidewalks in front and easy bus access.

Last Listed By

Jill Cunningham

Windermere Real Estate Co. License #10241 Listed on: 09/18/2012

Windermere Real Estate Co.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 406801

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,357

Year Built

  • Built in 1958

Lot Details

  • 7,488 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Triplex
  • Composition Roof

Interior Spaces

  • 3,510 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 5 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Additional Features

  • Patio
  • Cable TV Available

Community Details

  • Balchwood Condos
  • Sand Point Subdivision

Listing and Financial Details

  • Legal Lot and Block 2 / 3
  • Assessor Parcel Number 0394500120

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,357

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1958
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Balchwood
  • CalculatedSquareFootage: 3510
  • Special Features: None
  • Cumulative Days on Market: 273

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Forced Air, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Basement,Storage

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement/Concrete
  • Structure Type: Triplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 3
  • Open Parking: Yes
  • Total Parking Spaces: 5
  • ParkingUncoveredSpaces: 3

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Utilities: Cable Connected, Natural Gas Available, Sewer Connected, Natural Gas Connected
  • PowerCompany: Seattle
  • SewerCompany: Seattle
  • WaterCompany: Seattle
  • WaterSewerGarbage: 3685

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 0394500120
  • Lot Size Acres: 0.1719
  • Lot Size Sq Ft: 7488
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,Gas Available,Patio
  • ZoningClass: Multi-Family
  • LotNumber: 2

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 7
  • LeasedItems: None
  • TotalMonthlyIncome: 3940

Multi Family

  • Gross Scheduled Income: 47280
  • Net Operating Income: 32856
  • Number Of Units Total: 3
  • Insurance Expense: 1777
  • Leasable Area: 3510
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2012
  • Tax Annual Amount: 6357

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2012
Closed on
Dec 13, 2012
Sold by
Huang Kecheng and Gong Carol Z
Bought by
The Huang Gong Family 2000 Trust
Seller's Agent
Jill Cunningham
Windermere Real Estate Co.
Buyer's Agent
Carol Gong
Sea to Sky Realty
List Price
$669,500
Sold Price
$649,900
Premium/Discount to List
-$19,600
-2.93%
Total Days on Market
3
Current Estimated Value
$1,838,938

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,189,038
Avg. Annual Appreciation
8.61%
Original Mortgage
$417,000
Outstanding Balance
$294,745
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$1,544,193

Purchase Details

Listed on
Sep 18, 2012
Closed on
Oct 19, 2012
Sold by
Smithlands Llc
Bought by
Huang Kecheng and Gong Carol Z
Seller's Agent
Jill Cunningham
Windermere Real Estate Co.
Buyer's Agent
Carol Gong
Sea to Sky Realty
List Price
$669,500
Sold Price
$649,900
Premium/Discount to List
-$19,600
-2.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Outstanding Balance
$294,745
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$1,544,193

Purchase Details

Closed on
Aug 21, 2001
Sold by
Smithlands Partnership
Bought by
Smithlands Llc

Purchase Details

Closed on
Jul 30, 1998
Sold by
Frey Lawrence E and Frey Lucille H
Bought by
The Smithlands Partnership

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,625
Interest Rate
6.9%
Mortgage Type
Seller Take Back

Range of Values:

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Average Value
Not Available
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
The Huang Gong Family 2000 Trust -- None Available
Huang Kecheng $649,900 Fidelity Natio
Smithlands Llc -- Chicago Title
The Smithlands Partnership $363,750 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huang Kecheng $417,000
Previous Owner Smithlands Llc $229,527
Previous Owner The Smithlands Partnership $254,625
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2012 10/26/12 Sold $649,900 -2.9% $185 / Sq Ft
09/24/2012 09/24/12 Pending -- -- --
09/20/2012 09/20/12 For Sale $669,500 -- $191 / 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 $13,142 $1,327,000 $1,246,000 $81,000
2023 $11,979 $1,216,000 $1,157,000 $59,000
2022 $10,019 $1,467,000 $1,102,000 $365,000
2021 $9,147 $1,037,000 $633,000 $404,000
2020 $9,093 $896,000 $537,000 $359,000
2018 $8,407 $896,000 $521,000 $375,000
2017 $7,465 $811,000 $472,000 $339,000
2016 $7,703 $743,000 $432,000 $311,000
2015 $6,887 $755,000 $294,000 $461,000
2014 -- $690,000 $269,000 $421,000
2013 -- $594,000 $232,000 $362,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 406801

Northwest Multiple Listing Service (NWMLS)

APN: 039450-0120