Listed by Madison Partners Real Estate, Bought with eXp Realty
NOT LISTED FOR SALE

Estimated Value: $1,318,387 - $1,401,000

6 Beds
3 Baths
2,820 Sq Ft
$483/Sq Ft Est. Value

Last Sold April 06, 2023

Last sale price $1,200,000 $426 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $8,321/month

14 Days on Market

Highlights

  • Mountain View
  • Deck
  • Wood Flooring
  • Laurelhurst Elementary School Rated A-
  • Wood Burning Stove
  • No HOA

About This Home

As of April 2023

The best condition property in the U-Distt,! unusually private! 3 levels, 3 entrances, 3 meters, each with 2 Br and 1 Bth. 2 Kitchens with additional cooking space in lower level. Upper unit with heat pump rented, main and lower levels vacant. Upgrades began in 2002 until this year...windows electrical, plumbing and MORE (see detailed list attached)!. 2-3 car parking off 20th. Excellent cash-flow; live in one unit and rent other or rent it all. Seller kept the main and lower floors vacant for long so financial numbers are NOT accurate but similar spaces rent for $3500-$4500 per month. Upper unit rented at $2600 per month. Tenants pay all utilities. Easy walk thru U-Distt, close to U-Village, easy access to I-5, 520 and downtown.

Last Agent to Sell the Property

Jeff Siddiqui

Madison Partners Real Estate License #7962 Listed on: 02/21/2023

Last Buyer's Agent

Jennifer Dietlin

eXp Realty License #22011411

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2038050

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,873

Year Built

  • Built in 1913 | Remodeled

Lot Details

  • 4,320 Sq Ft Lot
  • Partially Fenced Property

Property Views

  • Mountain
  • Territorial

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,820 Sq Ft Home
  • 3-Story Property
  • Wood Burning Stove
  • Thermal Windows

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile

Parking

  • 2 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Utilities

  • Ductless Heating Or Cooling System
  • Radiator
  • Heat Pump System
  • Hot Water Circulator
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • University District Subdivision

Listing and Financial Details

  • Assessor Parcel Number 8823900055

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,873

Year Built

Built in 1913 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1913
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2820
  • EffectiveYearBuiltSource: See Remarks
  • Special Features: None
  • Cumulative Days on Market: 367

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Laminate, Carpet
  • Interior Amenities: Ceramic Tile, Hardwood, Laminate, Wall to Wall Carpet
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Basement,Thermal Windows

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Remodeled
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Cooling: Ductless HP-Mini Split
  • Cooling Y N: Yes
  • Heating: Ductless HP-Mini Split, Heat Pump, Hot Water Recirc Pump, Radiator, Stove/Free Standing
  • Heating Yn: Yes
  • PowerCompany: Seattle City Electric
  • SewerCompany: Seattle Public Utilities
  • WaterCompany: Seattle Public Utilities
  • CableConnected: Xfinity
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Fee Information

  • NWM_OtherDuesOrFeesYN: false

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 8823900055
  • Lot Size Acres: 0.0992
  • Lot Size Sq Ft: 4320
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,Gas Available,High Speed Internet,Patio
  • MLSLotSizeSource: KCAR
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric, Natural Gas, See Remarks

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 16.35
  • LeasedItems: None
  • TotalMonthlyIncome: 6600

Multi Family

  • Gross Scheduled Income: 79200
  • Net Operating Income: 63845
  • Number Of Units Total: 2
  • Insurance Expense: 1522
  • Leasable Area: 2820
  • EnergySource: Electric,Natural Gas,See Remarks
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: true
  • VacancyRate: 5

Tax Info

  • Year: 2022
  • Tax Annual Amount: 9873

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2023
Closed on
Apr 5, 2023
Sold by
Striar Johanna L
Bought by
Bardon Maxwell and Bardon Carolyn
Seller's Agent
Jeff Siddiqui
Madison Partners Real Estate
Buyer's Agent
Jennifer Dietlin
eXp Realty
List Price
$1,295,000
Sold Price
$1,200,000
Premium/Discount to List
-$95,000
-7.34%
Views
22
Current Estimated Value
$1,363,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,129
Avg. Annual Appreciation
5.95%
Original Mortgage
$900,000
Outstanding Balance
$877,747
Interest Rate
6.13%
Mortgage Type
Construction
Estimated Equity
$499,903

Purchase Details

Closed on
May 24, 2001
Sold by
Maerz Ludwig R
Bought by
Striar Johanna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
7.15%

Purchase Details

Closed on
Oct 23, 1999
Sold by
Hsieh Olivia Y
Bought by
Maerz Ludwig R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,462
Interest Rate
7.75%

Purchase Details

Closed on
Oct 13, 1999
Sold by
Wang Wenshyan and Hsieh Olivia Y
Bought by
Hsieh Olivia Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,462
Interest Rate
7.75%

Purchase Details

Closed on
Feb 11, 1998
Sold by
Ebrahimi Yaghoob S and Rouhfar Nahid
Bought by
Wang Wenshyan and Hsieh Olivia Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
6.97%

Purchase Details

Closed on
Apr 14, 1994
Sold by
Tamarin Arnold and Tamarin Adele D
Bought by
Ebrahimi Yaghoob S and Rouhfar Nahid

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
7.59%
Mortgage Type
Seller Take Back
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
Bardon Maxwell $1,200,000 First American Title Insurance
Striar Johanna L $425,000 Transnation Title Insurance
Maerz Ludwig R $390,000 Pacific Nw Title
Hsieh Olivia Y -- Pacific Nw Title
Wang Wenshyan $294,000 --
Ebrahimi Yaghoob S $175,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bardon Maxwell $900,000
Previous Owner Striar Johanna L $75,000
Previous Owner Striar Johanna L $275,000
Previous Owner Maerz Ludwig R $292,462
Previous Owner Wang Wenshyan $205,000
Previous Owner Ebrahimi Yaghoob S $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2023 04/06/23 Sold $1,200,000 -7.3% $426 / Sq Ft
03/07/2023 03/07/23 Pending -- -- --
02/21/2023 02/21/23 For Sale $1,295,000 -- $459 / 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 $10,732 $1,100,000 $612,000 $488,000
2023 $10,554 $1,053,000 $578,000 $475,000
2022 $9,873 $1,234,000 $546,000 $688,000
2021 $9,354 $1,061,000 $482,000 $579,000
2020 $9,309 $954,000 $416,000 $538,000
2018 $8,146 $885,000 $319,000 $566,000
2017 $7,071 $812,000 $297,000 $515,000
2016 $6,389 $727,000 $266,000 $461,000
2015 $7,335 $640,000 $241,000 $399,000
2014 -- $760,000 $303,000 $457,000
2013 -- $648,000 $259,000 $389,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2038050

Northwest Multiple Listing Service (NWMLS)

APN: 882390-0055