Listed by Pilot Ventures LLC, Bought with AgencyOne
NOT LISTED FOR SALE

554 Index Place NE Renton, WA 98056

Sunset Neighborhood

Estimated Value: $1,126,000 - $1,149,456

-- Bed
-- Bath
3,300 Sq Ft
$345/Sq Ft Est. Value

Last Sold September 21, 2020

Last sale price $990,000 $300 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $7,081/month

11 Days on Market

Highlights

  • Wood Flooring
  • Partially Fenced Property
  • 1-Story Property
  • Patio
  • Wood Siding

About This Home

As of September 2020

Fourplex well-positioned in amenity rich pocket of Renton that offers close proximity to Bellevue and Seattle, while providing a residential feel that appeals to tenants. Building is single story with 4 tandem surface parking stalls. Unit mix consists of one 1-bedroom and three 2-bedrooms. The property sits on 0.26 acres (R-10 zoning) and has 3,300 NRSF. Less than 10 minutes to premier Renton attractions like The Landing and Southport on Lake Washington!

Last Agent to Sell the Property

Casey Zejdlik

Pilot Ventures LLC License #88121 Listed on: 07/13/2020

Co-Listed By

Jason Kono

Pilot Ventures LLC License #79925

Last Buyer's Agent

Jason Wu

AgencyOne License #127501

AgencyOne

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1626831

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,652

Year Built

  • Built in 1965

Lot Details

  • 0.26 Acre Lot
  • Partially Fenced Property

Home Design

  • Quadruplex
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,300 Sq Ft Home
  • 1-Story Property

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 6 Parking Spaces
  • Open Parking

Schools

  • Highlands Elementary School
  • Mcknight Mid Middle School
  • Renton Snr High School

Additional Features

  • Patio
  • Cable TV Available

Community Details

  • Highlands Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7227800815

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,652

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1965
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3300
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 359

Interior Features

  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Vinyl, Carpet
  • Interior Amenities: Ceramic Tile, Hardwood, Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 6
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 6

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • WaterSewerGarbage: 1800

Schools

  • Junior High Dist: Renton
  • High School: Renton Snr High
  • Middle Or Junior School: Mcknight Mid

Lot Info

  • Parcel Number: 7227800815
  • Lot Size Acres: 0.2578
  • Lot Size Sq Ft: 11230
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,Patio
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: See Remarks

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13
  • LeasedItems: None
  • TotalMonthlyIncome: 5850

Multi Family

  • Gross Scheduled Income: 70200
  • Net Operating Income: 51342
  • Number Of Units Total: 4
  • Electric Expense: 1800
  • Insurance Expense: 1500
  • Leasable Area: 3300
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2020
  • Tax Annual Amount: 9652

MLS Schools

  • Elementary School: Highlands Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2020
Closed on
Aug 18, 2020
Sold by
Sjs 554 Llc
Bought by
Liu Wuyue and Wang Jingyuan
Seller's Agent
Casey Zejdlik
Pilot Ventures LLC
Buyer's Agent
Jason Wu
AgencyOne
List Price
$935,000
Sold Price
$990,000
Premium/Discount to List
$55,000
5.88%
Current Estimated Value
$1,137,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,728
Avg. Annual Appreciation
1.81%

Purchase Details

Listed on
Jul 28, 2017
Closed on
Jul 24, 2017
Sold by
Khatibi Mahmoud M and Khatibi Janis M
Bought by
Sjs 554 Llc
Seller's Agent
Devin Sanford
The Preview Group
Buyer's Agent
Steve McWilliams
Pilot Ventures LLC
List Price
$635,000
Sold Price
$635,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.14%

Purchase Details

Closed on
Nov 3, 2014
Sold by
Khatibi Mahmoud and Khatibi Janis M
Bought by
Khatibi Family Revocable Living Trust
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Liu Wuyue $989,400 None Listed On Document
Sjs 554 Llc $634,400 Fidelity National Title
Khatibi Family Revocable Living Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liu Wuyue $510,000
Closed Sjs 554 Llc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2020 09/21/20 Sold $990,000 +5.9% $300 / Sq Ft
07/24/2020 07/24/20 Pending -- -- --
07/13/2020 07/13/20 For Sale $935,000 +47.2% $283 / Sq Ft
07/28/2017 07/28/17 Sold $635,000 0.0% $192 / Sq Ft
07/28/2017 07/28/17 For Sale $635,000 -- $192 / 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 $10,584 $983,000 $190,900 $792,100
2023 $10,356 $996,000 $179,600 $816,400
2022 $10,655 $1,002,000 $168,400 $833,600
2021 $10,372 $897,000 $162,800 $734,200
2020 $9,654 $836,000 $162,800 $673,200
2018 $7,700 $672,000 $157,200 $514,800
2017 $7,339 $541,000 $145,900 $395,100
2016 $6,464 $508,000 $145,900 $362,100
2015 -- $488,000 $145,900 $342,100
2014 -- $438,000 $123,500 $314,500
2013 -- $392,000 $112,300 $279,700
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2020

    Casey Zejdlik

    Pilot Ventures LLC

    Section Image

  • J

    Seller Co-Listing Agent in 2020

    Jason Kono

    Pilot Ventures LLC

    (206) 566-6600

    3 in this area

    11 Total Sales

    Section Image
  • Jason Wu

    Buyer's Agent in 2020

    Jason Wu

    AgencyOne Realty

    (510) 305-2191

    1 in this area

    23 Total Sales

    Section Image
  • Devin Sanford

    Seller's Agent in 2017

    Devin Sanford

    Realty One Group Preview

    (425) 501-8424

    27 Total Sales

    Section Image

  • S

    Buyer's Agent in 2017

    Steve McWilliams

    Pilot Ventures LLC

    (206) 566-6600

    4 Total Sales

    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1626831

Northwest Multiple Listing Service (NWMLS)

APN: 722780-0815

Washington King County Renton 98056 Sunset

554 Index Place NE, Renton, WA

This home is located at 554 Index Place NE, Renton, WA 98056 since 13 July 2020 and is currently estimated at $1,137,728, approximately $344 per square foot. This property was built in 1965. 554 Index Place NE is a home located in King County with nearby schools including Highlands Elementary School, McKnight Middle School, and Renton Senior 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

Nearby Homes