Listed by Windermere Real Estate Co., Bought with WPI Real Estate Services, Inc.
NOT LISTED FOR SALE

Estimated Value: $1,028,680 - $1,391,000

3 Beds
3 Baths
2,540 Sq Ft
$473/Sq Ft Est. Value

Last Sold March 20, 2015

Last sale price $700,000 $276 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $7,080/month

130 Days on Market

Highlights

  • High Speed Internet
  • Wood Siding
  • Wall to Wall Carpet
  • Hamilton International Middle School Rated A

About This Home

As of March 2015

UW Duplex aka 2 Houses on 1 Lot. Front House 1911 Classic Bungalow, 1.5 story w/ Bsmt, craftsman style w/ front porch pillars, heavy wood moldings, archways, large liv rm, din rm & kit, fireplace, updated kitchen, leased $3800/m Aug-2015. 2nd House: 1909 Miner’s Cottage by alley = studio apt @ $690/m, cute as cat’s pajama’s w/ peppercorn kitchen & custom two tone tile bath. Gas FA heat, some copper & romex. Tenants pay ALL utils. Rare two houses on 1 lot of record = legal duplex.

Last Agent to Sell the Property

Matthew Townsend

Windermere Real Estate Co. License #9599 Listed on: 11/01/2014

Windermere Real Estate Co.

Last Buyer's Agent

Jane Nipius

WPI Real Estate Services, Inc. License #30464

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 712504

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,143

Year Built

  • Built in 1909

Lot Details

  • 3,000 Sq Ft Lot
  • Lot Dimensions are 30 x 100
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,540 Sq Ft Home
  • 3-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 2 Parking Spaces
  • 1 Covered Space
  • Open Parking

Utilities

  • High Speed Internet

Community Details

  • Pettit's University Addi Condos
  • University District Subdivision

Listing and Financial Details

  • Legal Lot and Block 36 / 5
  • Assessor Parcel Number 6746700615

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,143

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1909
  • Buyer Agency Compensation: 3.0
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Pettit's University Addi
  • New Construction: No
  • CalculatedSquareFootage: 2540
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Forced Air, Wall to Wall Carpet
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Basement,See Remarks,Storage

Exterior Features

  • Roof: Composition
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: See Remarks, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Open Parking Spaces: 1
  • Open Parking: Yes
  • Total Parking Spaces: 2
  • ParkingUncoveredSpaces: 1

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Utilities: High Speed Internet, Natural Gas Available, Sewer Connected, Natural Gas Connected
  • PowerCompany: Seattle
  • SewerCompany: Seattle
  • WaterCompany: Seattle
  • WaterSewerGarbage: 0

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 6746700615
  • Lot Size Acres: 0.0689
  • Lot Size: 30 x 100
  • Lot Size Sq Ft: 3000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Gas Available,High Speed Internet
  • MLSLotSizeSource: KCA
  • ZoningClass: Multi-Family
  • LotNumber: 36

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 12
  • LeasedItems: None
  • TotalMonthlyIncome: 4490

Multi Family

  • Gross Scheduled Income: 53880
  • Net Operating Income: 43770
  • Number Of Units Total: 2
  • Insurance Expense: 579
  • Leasable Area: 2540
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: true
  • VacancyRate: 5

Tax Info

  • Year: 2014
  • Tax Annual Amount: 4143

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2014
Closed on
Mar 18, 2015
Sold by
Yu Theresa N C
Bought by
Lu Zhaoxue and Zhang Fang
Seller's Agent
Matthew Townsend
Windermere Real Estate Co.
Buyer's Agent
Jane Nipius
WPI Real Estate Services, Inc.
List Price
$688,000
Sold Price
$700,000
Premium/Discount to List
$12,000
1.74%
Current Estimated Value
$1,202,420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$502,420
Avg. Annual Appreciation
6.03%

Purchase Details

Closed on
Aug 8, 1985
Sold by
Yu Theresa N C
Bought by
Yu Theresa N C
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
Lu Zhaoxue $700,000 Ticor National
Yu Theresa N C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yu Theresa N C $307,330
Previous Owner Yu Theresa N C $318,000
Previous Owner Yu Theresa N C $292,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2015 03/20/15 Sold $700,000 +1.7% $276 / Sq Ft
03/12/2015 03/12/15 Pending -- -- --
11/01/2014 11/01/14 For Sale $688,000 -- $271 / 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 $8,070 $827,000 $714,000 $113,000
2023 $7,378 $755,000 $674,000 $81,000
2022 $7,459 $885,000 $636,000 $249,000
2021 $7,083 $790,000 $562,000 $228,000
2020 $6,846 $711,000 $485,000 $226,000
2018 $6,106 $644,000 $288,000 $356,000
2017 $5,307 $600,000 $268,000 $332,000
2016 $4,919 $538,000 $240,000 $298,000
2015 $4,388 $487,000 $217,000 $270,000
2014 -- $444,000 $204,000 $240,000
2013 -- $379,000 $174,000 $205,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 712504

Northwest Multiple Listing Service (NWMLS)

APN: 674670-0615