Listed by Windermere Real Estate/PSK Inc, Bought with Pilot Ventures LLC
$506,000
SOLD JUN 23, 2016

547 Index Place NE Renton, WA 98056

Sunset Neighborhood
-- Bed
-- Bath
2,620 Sq Ft
8,611 Sq Ft Lot

Recently Sold

$193 Per Sq Ft

1% Above List Price

Highlights

  • Deck
  • Wood Siding
  • Wall to Wall Carpet
  • Partially Fenced Property

About This Home

As of September 2021

Investment opportunity! Own a 4-Plex in the Renton Highlands. No vacancies. Just a few blocks from Renton Technical College. Minutes to the Landing & I-405. One 3 bdrm, one 2 bdrm, one 1 bdrm, and one studio. All units have full kitchens and separate washers/dryers except studio does not have w/d. Spacious living rooms. Buyer to verify all information including sqft of each unit. All rental amounts are under market value and each tenant is currently month-to-month.

Last Agent to Sell the Property

Derek Catherall

Windermere Real Estate/PSK Inc License #27109 Listed on: 06/01/2016

Windermere Real Estate/PSK Inc

Co-Listed By

Jennifer Catherall

Windermere Real Estate/PSK Inc License #118600

Last Buyer's Agent

Jason Kono

Pilot Ventures LLC License #79925

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 951722

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,560

Year Built

  • Built in 1960

Lot Details

  • 8,611 Sq Ft Lot
  • Partially Fenced Property

Home Design

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

Interior Spaces

  • 2,620 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 8 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck

Community Details

  • Highlands Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7227800620

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,560

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1960
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2620
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet, Laminate Hardwood
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Storage

Exterior Features

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

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 8
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 8

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: Puget Sound Energy
  • SewerCompany: City Of Renton
  • WaterCompany: City Of Renton
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Renton

Lot Info

  • Parcel Number: 7227800620
  • Lot Size Acres: 0.1977
  • Lot Size Sq Ft: 8611
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Fenced-Partially
  • MLSLotSizeSource: Public Records

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 3075

Tax Info

  • Year: 2016
  • Tax Annual Amount: 4560

Multi Family

  • Number Of Units Total: 4
  • Leasable Area: 2620
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: true
  • VacancyRate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2021
Closed on
Aug 19, 2021
Sold by
Sjs 547 Llc
Bought by
Zhao Yumu and Furneaux Justin William
Seller's Agent
Casey Zejdlik
Pilot Ventures LLC
Buyer's Agent
Viktor Semko
COMPASS
List Price
$845,000
Sold Price
$845,000
Current Estimated Value
$1,013,402

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,402
Avg. Annual Appreciation
4.52%
Original Mortgage
$633,750
Outstanding Balance
$582,136
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$425,851

Purchase Details

Listed on
Jun 1, 2016
Closed on
Jun 21, 2016
Sold by
Jones Troy and Jones Jana
Bought by
Sjs 547 Llc
Seller's Agent
Derek Catherall
Windermere Real Estate/PSK Inc
Buyer's Agent
Jason Kono
Pilot Ventures LLC
List Price
$500,000
Sold Price
$506,000
Premium/Discount to List
$6,000
1.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.30%

Purchase Details

Closed on
Sep 17, 2003
Sold by
Luck Sheldon and Luck Laura
Bought by
Jones Troy and Jones Jana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,800
Interest Rate
4.06%

Purchase Details

Closed on
Apr 20, 1995
Sold by
Painter Louis G and Painter Teresa
Bought by
Shultz Laura L and Luck Sheldon J B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,000
Interest Rate
8.77%
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 $845,000 None Available
Warranty Deed $506,000 Ticor National
Warranty Deed $271,000 Washington Tit
Warranty Deed $171,000 Transamerica Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $633,750 New Conventional
Previous Owner $379,500 No Value Available
Previous Owner $34,300 No Value Available
Previous Owner $216,800 No Value Available
Previous Owner $177,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2021 09/15/21 Sold $845,000 0.0% $323 / Sq Ft
09/15/2021 09/15/21 For Sale $845,000 +67.0% $323 / Sq Ft
06/23/2016 06/23/16 Sold $506,000 +1.2% $193 / Sq Ft
06/03/2016 06/03/16 Pending -- -- --
06/01/2016 06/01/16 For Sale $500,000 -- $191 / 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 $7,727 $752,000 $172,200 $579,800
2023 $7,402 $769,000 $172,200 $596,800
2022 $7,403 $766,000 $167,900 $598,100
2021 $7,312 $663,000 $159,300 $503,700
2020 $7,111 $628,000 $159,300 $468,700
2018 $5,946 $514,000 $154,900 $359,100
2017 $5,049 $452,000 $146,300 $305,700
2016 $4,560 $376,000 $146,300 $229,700
2015 $3,436 $344,000 $146,300 $197,700
2014 -- $271,000 $147,000 $124,000
2013 -- $213,000 $121,000 $92,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 951722

Northwest Multiple Listing Service (NWMLS)

APN: 722780-0620