Listed by COMPASS, Bought with eXp Realty
$800,000
SOLD MAY 30, 2025
3 Beds
2 Baths
2,680 Sq Ft
4,019 Sq Ft Lot

Recently Sold

$299 Per Sq Ft

28 Days on Market

Highlights

  • Territorial View
  • Wood Flooring
  • No HOA
  • Garfield High School Rated A
  • Corner Lot
  • Patio

About This Home

As of May 2025

Investor alert! This duplex is a rare find – combining immediate rental income potential with higher-density development upside. Endless opportunities to update the units and increase rents, finish the 1k sq ft daylight basement into additional unit for added cash flow, or plan future redevelopment project (zoned LR1). 1BR & 2BR units – live in one and rent the other, or rent both for multiple income streams. Central location and ease of access provide for strong rental demand and low vacancy rates. High-demand area known for its proximity to downtown, light rail, parks, and dining/shopping. 200 sq ft garage + off street parking. Don’t miss the chance to secure a versatile, high-upside asset in a prime location. North lot also available.

Last Agent to Sell the Property

Greg Nelson

COMPASS License #128174 Listed on: 03/28/2025

COMPASS

Last Buyer's Agent

Nick Shiu

eXp Realty License #24035347

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2349884

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,771

Year Built

  • Built in 1927

Lot Details

  • 4,019 Sq Ft Lot
  • Corner Lot

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,680 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wood
  • Vinyl Plank

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • 2 Parking Spaces
  • 1 Covered Space
  • Open Parking

Additional Features

  • Patio
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Central Area Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1250200235

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,771

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 52 - Duplex
  • Year Built: 1927
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2680
  • Special Features: None
  • Cumulative Days on Market: 45

Interior Features

  • Possible Use: Multi-Family
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Hardwood, Vinyl Plank
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: Basement

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Corner Lot, Curbs, Sidewalk
  • View: Yes
  • Waterfront: No
  • Construction Type: Wood
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • 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
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • PowerCompany: SCL
  • SewerCompany: SPU
  • WaterCompany: SPU
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 1250200235
  • Lot Size Acres: 0.0923
  • Lot Size Sq Ft: 4019
  • Zoning Description: Multi-Family
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Gas Available,Patio
  • MLSLotSizeSource: Architect site lot line plans
  • MLSSquareFootageSource: Public Records
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

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

Tax Info

  • Year: 2024
  • Tax Annual Amount: 10771

Multi Family

  • Number Of Units Total: 2
  • Leasable Area: 1640
  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2025
Closed on
May 29, 2025
Sold by
Bv Homes Llc
Bought by
Riverlake Estates Llc
Seller's Agent
Greg Nelson
COMPASS
Buyer's Agent
Nick Shiu
eXp Realty
List Price
$800,000
Sold Price
$800,000
Views
43

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1793.40%
Original Mortgage
$719,355
Outstanding Balance
$719,355
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
$263,517

Purchase Details

Listed on
Feb 14, 2025
Closed on
Feb 12, 2025
Sold by
Sandnes Iii Llc
Bought by
Bv Homes Llc
Seller's Agent
Rayne Hicks
COMPASS
Buyer's Agent
Greg Nelson
COMPASS
List Price
$1,030,000
Sold Price
$1,030,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-58.16%
Original Mortgage
$1,093,798
Interest Rate
6.91%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 18, 2012
Sold by
Dickerman Karin A
Bought by
Sandnes Iii Llc

Purchase Details

Closed on
Jan 8, 1992
Sold by
Taylor Norman and Burroughs Roslyn
Bought by
Dickerman Karin Anne
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $800,000 Equity Title Of Washington
Warranty Deed $800,000 Equity Title Of Washington
Warranty Deed $1,030,000 First American Title Insurance
Warranty Deed $1,030,000 First American Title Insurance
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed $87,000 --
Warranty Deed $87,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $719,355 New Conventional
Closed $106,375 Construction
Previous Owner $1,093,798 Construction
Previous Owner $500,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2025 05/30/25 Sold $800,000 0.0% $299 / Sq Ft
04/25/2025 04/25/25 Pending -- -- --
04/11/2025 04/11/25 For Sale $800,000 0.0% $299 / Sq Ft
04/05/2025 04/05/25 Pending -- -- --
03/28/2025 03/28/25 For Sale $800,000 -22.3% $299 / Sq Ft
02/14/2025 02/14/25 Sold $1,030,000 0.0% $628 / Sq Ft
02/14/2025 02/14/25 For Sale $1,030,000 -- $628 / 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 $11,145 $1,109,000 $1,108,000 $1,000
2023 $10,771 $1,109,000 $1,108,000 $1,000
2022 $8,535 $993,000 $956,000 $37,000
2021 $8,187 $893,000 $868,000 $25,000
2020 $7,940 $813,000 $785,000 $28,000
2018 $7,034 $800,000 $790,000 $10,000
2017 $5,735 $684,000 $674,000 $10,000
2016 $5,440 $572,000 $562,000 $10,000
2015 $4,314 $531,000 $521,000 $10,000
2014 -- $426,000 $401,000 $25,000
2013 -- $403,000 $328,000 $75,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2349884

Northwest Multiple Listing Service (NWMLS)

APN: 125020-0235