Listed by Paragon Real Estate Advisors
NOT LISTED FOR SALE

Estimated Value: $1,655,447

7 Beds
4 Baths
3,783 Sq Ft
$438/Sq Ft Est. Value

Last Sold March 11, 2019

Last sale price $1,215,000 $321 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $10,169/month

26 Days on Market

Highlights

  • Wood Siding
  • Laurelhurst Elementary School Rated A-
  • 3-minute walk to Olga Park

About This Home

As of March 2019

Originally constructed in 1910, the property features period detail and charm as well as a mix of apartment units and rooms with shared spaces that are well suited to the University/Ravenna rental market. Residents are drawn to the walkability and convenience of the location and charming park side setting and slower paced feel of the Ravenna neighborhood.

Last Agent to Sell the Property

Ryan Iles

Paragon Real Estate Advisors License #108410 Listed on: 01/02/2019

Co-Listed By

David Petersen

Westlake Associates, Inc. License #7352

Last Buyer's Agent

David Petersen

Westlake Associates, Inc. License #7352

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1396944

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,732

Year Built

  • Built in 1910

Lot Details

  • 5,400

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,783 Sq Ft Home
  • 3-Story Property

Additional Features

  • 5,400 Sq Ft Lot
  • Natural Gas Connected

Community Details

  • Ravenna Subdivision

Listing and Financial Details

  • Assessor Parcel Number 8615800510

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,732

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1910
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3783
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 462

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Interior Amenities: Forced Air
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking: No
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Available
  • Utilities: Natural Gas Connected
  • WaterSewerGarbage: 8790

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 8615800510
  • Lot Size Acres: 0.124
  • Lot Size Sq Ft: 5400
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: county
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 16
  • LeasedItems: None
  • TotalMonthlyIncome: 7115

Multi Family

  • Gross Scheduled Income: 85380
  • Net Operating Income: 55635
  • Number Of Units Total: 7
  • Insurance Expense: 1306
  • Leasable Area: 3783
  • UnitsInBuildingTotal: 7
  • UnitsBelowGrade: false
  • VacancyRate: 4

Tax Info

  • Year: 2018
  • Tax Annual Amount: 9732

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 8, 2021
Sold by
2911 L & Y Llc
Bought by
Ma Lingfang and Liao Xiongjiu
Current Estimated Value
$1,655,447

Purchase Details

Listed on
Jan 2, 2019
Closed on
Mar 5, 2019
Sold by
Uw Rentals Llc
Bought by
2911 L & Y Llc
Seller's Agent
Ryan Iles
Paragon Real Estate Advisors
Buyer's Agent
David Petersen
Westlake Associates, Inc.
List Price
$1,388,000
Sold Price
$1,215,000
Premium/Discount to List
-$173,000
-12.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.22%

Purchase Details

Closed on
Jul 9, 2013
Sold by
Lenora S Carlstrom Special Needs Trust U and Carlstrom Brian
Bought by
2722 10Th Ave East Llc

Purchase Details

Closed on
May 8, 2013
Sold by
Carlstron Elaine F
Bought by
2722 10Th Ave East Llc and Carlstrom Lenora K

Purchase Details

Closed on
Jul 19, 2011
Sold by
Carlstrom Elaine E
Bought by
Carlstrom Elaine F

Purchase Details

Closed on
Jan 27, 1992
Sold by
Stromberg Stromberg T and Stromberg L+Summer+Philip D
Bought by
Carlstrom Elaine F and Carlstrom Lenore K
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
Ma Lingfang $313 None Listed On Document
2911 L & Y Llc $1,214,500 Fidelity National Title
2722 10Th Ave East Llc -- None Available
2722 10Th Ave East Llc -- None Available
Lenora Carlstrom Special Needs Trust -- None Available
Carlstrom Elaine F -- None Available
Carlstrom Elaine F $245,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ma Lingfang $548,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2019 03/11/19 Sold $1,215,000 -12.5% $321 / Sq Ft
01/28/2019 01/28/19 Pending -- -- --
01/02/2019 01/02/19 For Sale $1,388,000 -- $367 / 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 $13,782 $1,424,500 $729,000 $695,500
2023 $12,353 $1,439,700 $729,000 $710,700
2022 $10,627 $1,439,700 $540,000 $899,700
2021 $11,066 $1,132,600 $540,000 $592,600
2020 $11,656 $1,125,600 $540,000 $585,600
2018 $9,732 $1,097,200 $540,000 $557,200
2017 $9,203 $968,200 $540,000 $428,200
2016 $9,000 $948,500 $513,000 $435,500
2015 $7,642 $907,200 $459,000 $448,200
2014 -- $785,700 $405,000 $380,700
2013 -- $785,700 $378,000 $407,700
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1396944

Northwest Multiple Listing Service (NWMLS)

APN: 861580-0510