J
Seller's Agent in 2013
Jerry Sankey
Excel Properties
(206) 524-2135
Listed by Excel Properties
5630 12th Ave NE Seattle, WA 98105
University District NeighborhoodEstimated Value: $1,179,000 - $1,615,000
8
Beds
4
Baths
2,460
Sq Ft
$537/Sq Ft
Est. Value
Highlights
- Thermal Windows
- High Speed Internet
- Wood Siding
- Hamilton International Middle School Rated A
- Partially Fenced Property
- 3-minute walk to Shiga's P-Patch Community Garden
About This Home
As of June 2013Great opportunity to own an investment property in the heart of the University District. One of two investment opportunities. This single family house accommodates 7-8 bedrooms and 3.5 baths. The SF house is located in a neighborhood of single family homes. Cap Rate: 6%, GRM:16%. All leased through 8/30/2014. Additional bedroom could be rented. Tenants pay all utilities and yard maintenance. See attached booklet for renting model and financials. Zero vacancy rate! Very good location.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 468659
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,023
Year Built
- Built in 1992
Lot Details
- 3,000 Sq Ft Lot
- Partially Fenced Property
- Property is in good condition
Home Design
- Poured Concrete
- Composition Roof
- Wood Siding
Interior Spaces
- 2,460 Sq Ft Home
- 3-Story Property
- Thermal Windows
Flooring
- Wall to Wall Carpet
- Vinyl
Parking
- 4 Parking Spaces
- 2 Covered Spaces
- Open Parking
Utilities
- High Speed Internet
Community Details
- University District Subdivision
Listing and Financial Details
- Assessor Parcel Number 3589500075
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 5, 2017
Sold by
Yao Yung Tung and Yao Chen Huey
Bought by
Yao Chen Llc
Current Estimated Value
Purchase Details
Listed on
Apr 4, 2013
Closed on
Jun 19, 2013
Sold by
Goldman Gerald H and Goldman Cathy E
Bought by
Yao Yung Tung and Yao Chen Huey
Seller's Agent
Jerry Sankey
Excel Properties
List Price
$719,000
Sold Price
$670,000
Premium/Discount to List
-$49,000
-6.82%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.92%
Purchase Details
Closed on
Oct 28, 2003
Sold by
Su Lu Show Mei
Bought by
Goldman Gerald H and Goldman Cathy E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,800
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 18, 1990
Sold by
Farrow John C and Farrow Bonnie S
Bought by
Su Lu Show Mei
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Yao Chen Llc | -- | None Available | |
| Yao Yung Tung | $690,000 | Fidelity Natio | |
| Goldman Gerald H | $383,500 | Washington Tit | |
| Su Lu Show Mei | $223,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Goldman Gerald H | $306,800 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/21/2013 06/21/13 | Sold | $670,000 | -6.8% | $272 / Sq Ft |
| 06/03/2013 06/03/13 | Pending | -- | -- | -- |
| 04/05/2013 04/05/13 | For Sale | $719,000 | -- | $292 / Sq Ft |
Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
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 | $9,642 | $998,000 | $562,000 | $436,000 |
| 2023 | $9,183 | $911,000 | $531,000 | $380,000 |
| 2022 | $8,898 | $1,068,000 | $501,000 | $567,000 |
| 2021 | $8,442 | $953,000 | $443,000 | $510,000 |
| 2020 | $8,165 | $857,000 | $382,000 | $475,000 |
| 2018 | $8,047 | $875,000 | $385,000 | $490,000 |
| 2017 | $6,981 | $803,000 | $359,000 | $444,000 |
| 2016 | $6,522 | $719,000 | $321,000 | $398,000 |
| 2015 | $5,715 | $656,000 | $290,000 | $366,000 |
| 2014 | -- | $587,000 | $175,000 | $412,000 |
| 2013 | -- | $500,000 | $150,000 | $350,000 |
Source: Public Records
Agents Affiliated with this Home
-
Jerry Sankey
-
Denise Spalding
D
Seller Co-Listing Agent in 2013
Denise Spalding
Steven M Kloetsch
(206) 227-7500
12 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 468659
APN: 358950-0075
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.
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
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