Listed by eXp Realty, Bought with Windermere R.E./Snohomish Inc.
NOT LISTED FOR SALE

5301 Erskine Way SW Seattle, WA 98136

Seaview Neighborhood

Estimated Value: $1,146,000 - $1,263,000

-- Bed
-- Bath
2,572 Sq Ft
$465/Sq Ft Est. Value

Last Sold February 23, 2024

Last sale price $1,140,000 $443 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $7,373/month

13 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • Baseboard Heating
  • Alki Elementary School Rated A-
  • Ceramic Tile Flooring
  • Partially Fenced Property

About This Home

As of February 2024

Fantastic investment opportunity in the heart of West Seattle! Close to Alaska Junction restaurants, shopping, and transit lines, this mid-century corner lot fourplex has been meticulously maintained by its current owners. The property features four one-bedroom, one-bathroom units, a carport for convenient off-street parking, and two outdoor patio areas for tenants to enjoy. With its strong rental history and current below market rental rates, this property is perfect for those who are looking for their first multi-family investment or those who want to add to their portfolio.

Last Agent to Sell the Property

Reis McCullough

eXp Realty License #22012020 Listed on: 01/10/2024

eXp Realty

Co-Listed By

Adam Cothes

eXp Realty License #26794

Last Buyer's Agent

Jennifer Schultz

Windermere R.E./Snohomish Inc. License #86005

Windermere R.E./Snohomish Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2188573

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,471

Year Built

  • Built in 1954

Lot Details

  • 7,626 Sq Ft Lot
  • Partially Fenced Property
  • Corner Lot

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 2,572 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Schools

  • Alki Elementary School
  • Madison Mid Middle School
  • West Seattle High School

Utilities

  • Baseboard Heating

Community Details

  • No Home Owners Association
  • Seaview Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7936000687

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,471

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1954
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2572
  • Special Features: VirtualTour
  • Cumulative Days on Market: 351

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Ceramic Tile, Vinyl, Carpet
  • Interior Amenities: Ceramic Tile, Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot
  • View: No
  • Waterfront: No
  • Exterior Features: Brick, Stucco, Wood
  • Foundation Details: Poured Concrete
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Spaces: 4
  • Carport Y N: No
  • Open Parking: No
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • WaterSewerGarbage: 3536

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Seattle
  • High School: West Seattle High
  • Middle Or Junior School: Madison Mid

Lot Info

  • Parcel Number: 7936000687
  • Lot Size Acres: 0.1751
  • Lot Size Sq Ft: 7626
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially
  • MLSLotSizeSource: Realist
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 5345

Multi Family

  • Gross Scheduled Income: 64140
  • Net Operating Income: 46956
  • Number Of Units Total: 4
  • Electric Expense: 588
  • Insurance Expense: 3589
  • Leasable Area: 2572
  • EnergySource: Electric
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2023
  • Tax Annual Amount: 9471

MLS Schools

  • Elementary School: Alki

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 5, 2025
Sold by
Therrien Jezika and Campbell Robert Roger
Bought by
Campien Trust and Therrien
Current Estimated Value
$1,195,964

Purchase Details

Listed on
Jan 10, 2024
Closed on
Feb 21, 2024
Sold by
Terjung Properties-Ers Llc
Bought by
Therrien Jezika and Campbell Robert Roger
Seller's Agent
Reis McCullough
eXp Realty
Buyer's Agent
Jennifer Schultz
Windermere R.E./Snohomish Inc.
List Price
$1,050,000
Sold Price
$1,140,000
Premium/Discount to List
$90,000
8.57%
Views
13

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.98%
Original Mortgage
$855,000
Interest Rate
6.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 2020
Sold by
Terjung Gregor and Terjung Gloria
Bought by
Terjung Properties Ers Llc

Purchase Details

Closed on
Sep 22, 1994
Sold by
Braseth Mark R and Braseth Susan A
Bought by
Terjung Gregor and Terjung Gloria M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,400
Interest Rate
8.58%
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
Campien Trust $313 None Listed On Document
Therrien Jezika $1,140,000 Nextitle
Terjung Properties Ers Llc -- None Available
Terjung Gregor $232,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Therrien Jezika $855,000
Previous Owner Terjung Gregor $147,000
Previous Owner Terjung Gregor $162,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2024 02/23/24 Sold $1,140,000 +8.6% $443 / Sq Ft
01/23/2024 01/23/24 Pending -- -- --
01/10/2024 01/10/24 For Sale $1,050,000 -- $408 / 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 $9,903 $923,000 $495,600 $427,400
2023 $10,361 $1,001,000 $495,600 $505,400
2022 $9,331 $1,016,000 $419,400 $596,600
2021 $9,989 $926,000 $381,300 $544,700
2020 $9,533 $957,000 $381,300 $575,700
2018 $7,469 $778,000 $305,000 $473,000
2017 $6,278 $690,000 $305,000 $385,000
2016 $5,791 $593,000 $266,900 $326,100
2015 -- $534,000 $266,900 $267,100
2014 -- $454,000 $266,900 $187,100
2013 -- $437,000 $266,900 $170,100
Source: Public Records

Agents Affiliated with this Home

  • Reis McCullough

    Seller's Agent in 2024

    Reis McCullough

    eXp Realty

    (206) 945-2709

    2 in this area

    29 Total Sales

    Section Image
  • Adam Cothes

    Seller Co-Listing Agent in 2024

    Adam Cothes

    eXp Realty

    (425) 577-2676

    1 in this area

    238 Total Sales

    Section Image
  • Jennifer Schultz

    Buyer's Agent in 2024

    Jennifer Schultz

    Windermere Corporate

    (425) 599-5640

    1 in this area

    32 Total Sales

    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2188573

Northwest Multiple Listing Service (NWMLS)

APN: 793600-0687

Washington King County Seattle 98136 Seaview

5301 Erskine Way SW, Seattle, WA

This home is located at 5301 Erskine Way SW, Seattle, WA 98136 since 10 January 2024 and is currently estimated at $1,195,964, approximately $464 per square foot. This property was built in 1954. 5301 Erskine Way SW is a home located in King County with nearby schools including Alki Elementary School, Madison Middle School, and West Seattle High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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