Listed by Windermere R E Mount Baker, Bought with Windermere Real Estate Midtown
NOT LISTED FOR SALE

Estimated Value: $1,431,000 - $1,775,364

5 Beds
2 Baths
3,240 Sq Ft
$492/Sq Ft Est. Value

Last Sold December 05, 2019

Last sale price $1,175,000 $363 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $10,092/month

15 Days on Market

Highlights

  • Views of a Sound
  • Deck
  • Thermal Windows
  • West Woodland Elementary School Rated A
  • Wood Flooring
  • 1-minute walk to Greenwood Triangle

About This Home

As of December 2019

This is a unique, beautifully appointed legal duplex on the sunny west view slope of lower Phinney Ridge above Ballard. Units are fresh and clean, have epic views of the entire Olympic mountain range and are incredibly spacious. Each unit has its own yard, garden and washer/dryer. Performs well as is or has future potential in LR1 zoning. Upgrades include roof, solar ($250-$300/mo. incentives), plumbing, electrical, int/ext paint and new W/D upstairs. Close to transit, parks, and great schools.

Last Agent to Sell the Property

Steven Sterling

Windermere R E Mount Baker License #111275 Listed on: 10/22/2019

Windermere R E Mount Baker

Last Buyer's Agent

Mark Corcoran

Windermere Real Estate Midtown License #24570

Windermere Real Estate Midtown

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1534650

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,553

Year Built

  • Built in 1956

Lot Details

  • 7,500 Sq Ft Lot
  • Street terminates at a dead end
  • Property is in very good condition

Property Views

  • Views of a Sound
  • Bay
  • Canal
  • Mountain
  • Territorial

Home Design

  • Duplex
  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,240 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Parking

  • 2 Parking Spaces
  • 1 Covered Space
  • Open Parking

Outdoor Features

  • Deck

Schools

  • West Woodland Elementary School
  • Whitman Mid Middle School
  • Ballard High School

Community Details

  • Woodlawn Terrace Condos
  • Phinney Ridge Subdivision

Listing and Financial Details

  • Legal Lot and Block 5&6 / 1
  • Assessor Parcel Number 9530100025

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,553

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1956
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Woodlawn terrace
  • New Construction: No
  • CalculatedSquareFootage: 3240
  • Special Features: VirtualTour
  • Cumulative Days on Market: 367

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Forced Air, Ceramic Tile, Hardwood, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Basement,Thermal Windows

Exterior Features

  • Roof: Composition
  • View: Bay, Canal, Mountain(s), Sound, Territorial
  • Lot Features: Curbs, Dead End Street, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Brick, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Duplex
  • ConstructionMethods: Standard Frame

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: Natural Gas Available, Sewer Connected, Electric
  • PowerCompany: Seattle City Light
  • SewerCompany: SPU
  • WaterCompany: SPU
  • WaterSewerGarbage: 1483

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Seattle
  • High School: Ballard High
  • Middle Or Junior School: Whitman Mid

Lot Info

  • Parcel Number: 9530100025
  • Lot Size Acres: 0.1722
  • Lot Size Sq Ft: 7500
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Gas Available
  • MLSLotSizeSource: KCR
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family
  • LotNumber: 5&6

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 16
  • LeasedItems: None
  • TotalMonthlyIncome: 0

Multi Family

  • Gross Scheduled Income: 72000
  • Net Operating Income: 60822
  • Number Of Units Total: 2
  • Electric Expense: 918
  • Insurance Expense: 1224
  • Leasable Area: 3240
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2019
  • Tax Annual Amount: 7553

MLS Schools

  • Elementary School: West Woodland

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2019
Closed on
Dec 2, 2019
Sold by
Boone Jane and Coxe Theodore S
Bought by
White Espin Marimar Sophia
Seller's Agent
Steven Sterling
Windermere R E Mount Baker
Buyer's Agent
Mark Corcoran
Windermere Real Estate Midtown
List Price
$1,185,000
Sold Price
$1,175,000
Premium/Discount to List
-$10,000
-0.84%
Current Estimated Value
$1,593,091

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$418,091
Avg. Annual Appreciation
4.69%
Original Mortgage
$587,500
Outstanding Balance
$524,916
Interest Rate
3.75%
Estimated Equity
$1,002,640

Purchase Details

Closed on
Feb 7, 2014
Sold by
P H Laurelhurst Llc
Bought by
Boone Jane and Coxe Theodore

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$533,850
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 2008
Sold by
Squier Florence
Bought by
Pinneo Gregory and Pinneo Shauna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 10, 2001
Sold by
Squier Florence
Bought by
Squire Florence
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
White Espin Marimar Sophia $1,175,000 Cw Title
Boone Jane $680,000 Stewart Title
P H Laurelhurst Llc -- Stewart Title
Pinneo Gregory $650,000 Old Republic T
Squire Florence -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open White Espin Marimar Sophia $587,500
Previous Owner Boone Jane $300,000
Previous Owner Boone Jane $533,850
Previous Owner Pinneo Gregory $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2019 12/05/19 Sold $1,175,000 -0.8% $363 / Sq Ft
11/06/2019 11/06/19 Pending -- -- --
10/22/2019 10/22/19 For Sale $1,185,000 -- $366 / 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 $16,928 $1,738,000 $1,737,000 $1,000
2023 $16,425 $1,713,000 $1,712,000 $1,000
2022 $12,620 $1,530,000 $1,529,000 $1,000
2021 $11,157 $1,337,000 $1,336,000 $1,000
2020 $11,114 $1,115,000 $1,114,000 $1,000
2018 $7,683 $831,000 $830,000 $1,000
2017 $6,688 $739,000 $738,000 $1,000
2016 $6,319 $663,000 $662,000 $1,000
2015 $5,603 $613,000 $612,000 $1,000
2014 -- $555,000 $554,000 $1,000
2013 -- $488,000 $487,000 $1,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1534650

Northwest Multiple Listing Service (NWMLS)

APN: 953010-0025