NOT LISTED FOR SALE

Estimated Value: $824,068 - $1,061,000

5 Beds
1 Bath
1,580 Sq Ft
$613/Sq Ft Est. Value

Last Sold June 01, 2016

Last sale price $670,000 $424 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $6,084/month

4 Days on Market

Highlights

  • Craftsman Architecture
  • Wood Flooring
  • Garden
  • Hamilton International Middle School Rated A
  • 1 Fireplace
  • 4-minute walk to Shiga's P-Patch Community Garden

About This Home

As of June 2016

Fantastic investment opportunity in the heart of U-District! Charming 5 bedroom, 1.75 bathroom home with secured leases. Current rent is $3175/month (utilities extra) through August 2016. Pre-leased at $3500/month (utilities extra) for 1 year starting Sept 2016. Offering a cap rate of 5.5%. Popular neighborhood with an incredible walk & bike score of 96! Off street parking in back. Zoned LR2 allows for potential development options.

Last Agent to Sell the Property

Jennie Fan

John L. Scott, Inc. License #25937 Listed on: 04/13/2016

John L. Scott, Inc.

Co-Listed By

Willie Fan

John L. Scott, Inc. License #118840

Last Buyer's Agent

Donald Tsai

Prolink Realty, LLC License #50228

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM923705

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,040

Year Built

  • Built in 1909

Lot Details

  • Partially Fenced Property
  • Level Lot
  • Garden

Parking

  • Off-Street Parking

Home Design

  • Craftsman Architecture
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Bathroom
  • 1 Fireplace
  • Oven or Range
  • Finished Basement

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Laundry

  • Dryer
  • Washer

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • University District Community

Listing and Financial Details

  • Assessor Parcel Number 6746701955

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,040

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 16 - 1 Story W/Bsmnt.
  • Architecture: Craftsman
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1909
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Dbl Pane/Storm Windw, Dining Room, High Tech Cabling
  • Floor Covering: Hardwood, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dryer, Range/Oven, Refrigerator, Washer
  • Bedrooms: 5.00
  • Main Floor Bedrooms: 2
  • Lower Level Bedroom: 3
  • Bathrooms: 1.75
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Three Quarter Bathrooms Lower: 1
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Basement: Fully Finished
  • Dining Room: Main
  • Kitchen: Main
  • Living Room: Main
  • Estimated Sq Ft: 1580
  • Square Footage Finished: 1580

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Composition

Garage/Parking

  • Parking Type: Off Street

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: Seattle City Light
  • Sewer: Sewer Connected
  • Sewer Company: Seattle
  • Water Company: Seattle

Condo/Co-op/Association

  • Community Name: University District
  • Project: Pettits University Add

Schools

  • Elementary School: Green Lake
  • Middle School: Hamilton Mid
  • High School: Roosevelt High
  • School District: SEA

Lot Info

  • Lot Details: Alley, Curbs, Paved Street, Sidewalk
  • Lot Sq Ft: 3000
  • Lot Topography Vegetation: Garden Space, Level
  • Parcel Number: 6746701955
  • Lot Topography: Garden Space, Level

Rental Info

  • Monthly Rentif Rented: 3175

Tax Info

  • Tax Amount: 4387

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2016
Closed on
May 26, 2016
Sold by
Wang Kuansan and Gan En Tsyn
Bought by
Lin Chih Lung and Lin Hui Hsin C
Seller's Agent
Jennie Fan
John L. Scott, Inc.
Buyer's Agent
Donald Tsai
Prolink Realty, LLC
List Price
$670,000
Sold Price
$670,000
Current Estimated Value
$1,004,133

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$334,133
Avg. Annual Appreciation
4.25%
Original Mortgage
$417,000
Outstanding Balance
$193,179
Interest Rate
2.85%
Mortgage Type
New Conventional
Estimated Equity
$789,106

Purchase Details

Closed on
Jun 11, 2009
Sold by
Hansen Eric
Bought by
Wang Kuansan and Gan En Tsyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,500
Interest Rate
4.44%
Mortgage Type
Purchase Money Mortgage
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
Lin Chih Lung $670,000 First American
Wang Kuansan $325,000 Pacific Nw Tit
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lin Chih Lung $417,000
Previous Owner Wang Kuansan $189,000
Previous Owner Wang Kuansan $227,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2016 06/01/16 Sold $670,000 0.0% $424 / Sq Ft
04/18/2016 04/18/16 Pending -- -- --
04/13/2016 04/13/16 For Sale $670,000 -- $424 / 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 $7,040 $715,000 $714,000 $1,000
2023 $6,654 $675,000 $674,000 $1,000
2022 $6,796 $774,000 $636,000 $138,000
2021 $6,254 $691,000 $562,000 $129,000
2020 $6,043 $622,000 $485,000 $137,000
2018 $5,408 $574,000 $328,000 $246,000
2017 $4,697 $527,000 $306,000 $221,000
2016 $4,388 $472,000 $274,000 $198,000
2015 $4,073 $431,000 $248,000 $183,000
2014 -- $410,000 $204,000 $206,000
2013 -- $350,000 $174,000 $176,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM923705

Northwest Multiple Listing Service (NWMLS)

APN: 674670-1955