Listed by Windermere Real Estate Co., Bought with HomeSmart Real Estate Assoc
NOT LISTED FOR SALE

Estimated Value: $1,172,000 - $1,360,000

8 Beds
3 Baths
1,930 Sq Ft
$650/Sq Ft Est. Value

Last Sold September 20, 2024

Last sale price $1,247,950 $647 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $7,348/month

1 Day on Market

Highlights

  • No HOA
  • Thermal Windows
  • High Speed Internet
  • Hamilton International Middle School Rated A
  • Ceramic Tile Flooring
  • 4-minute walk to Shiga's P-Patch Community Garden

About This Home

As of September 2024

Flagship UW Townhome, close to UW campus, close to Cowen Park & Ravenna Greenlake bike trail. The other five sold July Aug: only one left. TEMP VACANT for just 5 days so easy to show now. Manager is touch up cleaning & painting now. Same group moves back Sept 2nd, leased $6800/m Aug 31, 2025. Built 2019 w/structure, systems & safety to latest codes. Thoughtful design & floor plans, white on white quartz kitchen, all stainless, tile baths & nice AC. "Ring" remote front porch live video & voice. UW Townhomes are smaller & have the same income as big old rental houses. This one is tall single, no shared walls, strong street presence to attract & retain residents.

Last Agent to Sell the Property

Matthew Townsend

Windermere Real Estate Co. License #9599 Listed on: 08/21/2024

Windermere Real Estate Co.

Last Buyer's Agent

Wai Ping Hui

HomeSmart Real Estate Assoc License #88073

HomeSmart Real Estate Assoc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2268870

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,265

Year Built

  • Built in 2019

Lot Details

  • 1,637 Sq Ft Lot
  • Partially Fenced Property
  • Property is in very good condition

Home Design

  • Poured Concrete
  • Bitumen Roof
  • Cement Board or Planked

Interior Spaces

  • 1,930 Sq Ft Home
  • 3-Story Property
  • Thermal Windows

Flooring

  • Ceramic Tile
  • Vinyl Plank

Utilities

  • Ductless Heating Or Cooling System
  • Heat Pump System
  • Heating System Mounted To A Wall or Window
  • High Speed Internet

Community Details

  • No Home Owners Association
  • University Heights Addition Condos
  • University District Subdivision

Listing and Financial Details

  • Legal Lot and Block 25 / 5
  • Assessor Parcel Number 8816400829

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,265

Year Built

Built in 2019

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 2019
  • Buyer Agency Compensation: 3.0
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: University Heights Addition
  • New Construction: No
  • CalculatedSquareFootage: 1930
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Ceramic Tile, Vinyl Plank
  • Interior Amenities: Ceramic Tile
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: See Remarks,Thermal Windows

Exterior Features

  • Roof: Torch Down
  • Lot Features: Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Cement Planked
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking: No
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Cooling: Ductless HP-Mini Split
  • Cooling Y N: Yes
  • Heating: Heat Pump, Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: Seattle
  • SewerCompany: Seattle
  • WaterCompany: Seattle
  • WaterSewerGarbage: 518

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 8816400829
  • Lot Size Acres: 0.0376
  • Lot Size Sq Ft: 1637
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially,High Speed Internet
  • MLSLotSizeSource: KCA
  • MLSSquareFootageSource: KCA
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family
  • LotNumber: 25

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 15.3
  • LeasedItems: None
  • TotalMonthlyIncome: 6800

Multi Family

  • Gross Scheduled Income: 81600
  • Net Operating Income: 72350
  • Number Of Units Total: 1
  • Insurance Expense: 1467
  • Leasable Area: 1930
  • EnergySource: Electric
  • UnitsInBuildingTotal: 1
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2024
  • Tax Annual Amount: 7265

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2024
Closed on
Sep 19, 2024
Sold by
Li Cai Duan and Jin Hua
Bought by
Jin Hua
Seller's Agent
Matthew Townsend
Windermere Real Estate Co.
Buyer's Agent
Wai Ping Hui
HomeSmart Real Estate Assoc
List Price
$1,247,950
Sold Price
$1,247,950
Views
2
Current Estimated Value
$1,254,822

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,872
Avg. Annual Appreciation
0.52%
Original Mortgage
$620,000
Outstanding Balance
$613,239
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$641,583
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
Jin Hua $313 Chicago Title
Jin Hua $1,247,950 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jin Hua $620,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2024 09/20/24 Sold $1,247,950 0.0% $647 / Sq Ft
08/22/2024 08/22/24 Pending -- -- --
08/21/2024 08/21/24 For Sale $1,247,950 -- $647 / 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 $8,032 $846,000 $424,000 $422,000
2023 $7,265 $775,000 $400,000 $375,000
2022 $7,806 $909,000 $378,000 $531,000
2021 $7,410 $859,000 $334,000 $525,000
2020 $7,224 $773,000 $288,000 $485,000
2018 -- $170,900 $170,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2268870

Northwest Multiple Listing Service (NWMLS)

APN: 881640-0829