Listed by Windermere Real Estate Co., Bought with Tenhulzen Real Estate
NOT LISTED FOR SALE

Estimated Value: $1,064,000 - $1,304,000

4 Beds
2 Baths
2,560 Sq Ft
$463/Sq Ft Est. Value

Last Sold April 30, 2020

Last sale price $875,000 $342 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $7,150/month

5 Days on Market

Highlights

  • Wood Flooring
  • West Woodland Elementary School Rated A
  • Wood Siding

About This Home

As of April 2020

Great investment opportunity right in the heart of Ballard. Adorable side-by-side duplex in excellent move-in condition. Both units are vacant. #5702 legal 3 bedroom recently renovated with 7m wiring, egress & ingress, #5700 3 bedroom 2 beds non-conforming. Separate utilities, washer and dryer in each unit, new appliances, new paint, newer roof and large backyard. Easy access to Interbay, SLU, and Downtown. Strong rental area, low vacancy and nearby restaurants, bus lines, shops and parks.

Last Agent to Sell the Property

Penney Shelly

Windermere Real Estate Co. License #132291 Listed on: 03/24/2020

Windermere Real Estate Co.

Last Buyer's Agent

Brian Tenhulzen

Tenhulzen Real Estate License #10684

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1582448

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,693

Year Built

  • Built in 1943 | Remodeled

Lot Details

  • 4,650 Sq Ft Lot

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,560 Sq Ft Home
  • 2-Story Property

Flooring

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

Schools

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

Community Details

  • Ballard Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2768000020

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,693

Year Built

Built in 1943 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1943
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2560
  • Special Features: None
  • Cumulative Days on Market: 374

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Ceramic Tile, Concrete, Hardwood, Vinyl, Carpet
  • Interior Amenities: High Efficiency - 90%+, Forced Air, Ceramic Tile, Concrete, Hardwood, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Basement

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Remodeled
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Heating Yn: Yes
  • Utilities: Natural Gas Available, Sewer Connected, Electric, Natural Gas Connected
  • WaterSewerGarbage: 2833

Schools

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

Lot Info

  • Parcel Number: 2768000020
  • Lot Size Acres: 0.1067
  • Lot Size Sq Ft: 4650
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Gas Available
  • MLSLotSizeSource: KCR
  • ZoningClass: Residential

Green Features

  • Efficiency: High Efficiency - 90%+
  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 17
  • LeasedItems: None
  • TotalMonthlyIncome: 4200

Multi Family

  • Gross Scheduled Income: 50400
  • Net Operating Income: 38588
  • Number Of Units Total: 2
  • Insurance Expense: 741
  • Leasable Area: 2560
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 2

Tax Info

  • Year: 2019
  • Tax Annual Amount: 5693

MLS Schools

  • Elementary School: West Woodland

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 20, 2022
Sold by
Sabrina Smai
Bought by
5700 8Th Ave Nw Llc
Current Estimated Value
$1,186,127

Purchase Details

Listed on
Mar 24, 2020
Closed on
Apr 24, 2020
Sold by
Lee James K
Bought by
Smai Sabrina
Seller's Agent
Penney Shelly
Windermere Real Estate Co.
Buyer's Agent
Brian Tenhulzen
Tenhulzen Real Estate
List Price
$875,000
Sold Price
$875,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.86%
Original Mortgage
$743,750
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 3, 2010
Sold by
Lee Rhonda L Carlson
Bought by
Lee James K

Purchase Details

Closed on
Sep 25, 2006
Sold by
Shaw Steven A and Shaw Shellbie L
Bought by
Lee James K and Lee Rhonda L Carlson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 28, 1994
Sold by
Shaw Steven A and Shaw Shellbie L
Bought by
Shaw Steven A and Shaw Shellbie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,600
Interest Rate
6.71%
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 Buyer Sale Price Title Company
5700 8Th Ave Nw Llc $313 Anderson Business Advisors Pll
Smai Sabrina $875,000 Cw Title
Lee James K -- None Available
Lee James K $425,700 Fidelity Natio
Shaw Steven A -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smai Sabrina $743,750
Previous Owner Lee James K $275,000
Previous Owner Shaw Steven A $93,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2020 04/30/20 Sold $875,000 0.0% $342 / Sq Ft
03/29/2020 03/29/20 Pending -- -- --
03/24/2020 03/24/20 For Sale $875,000 -- $342 / 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 $8,847 $887,000 $620,000 $267,000
2023 $8,066 $831,000 $569,000 $262,000
2022 $8,333 $977,000 $537,000 $440,000
2021 $6,282 $889,000 $510,000 $379,000
2020 $6,495 $625,000 $293,000 $332,000
2018 $5,838 $639,000 $313,000 $326,000
2017 $4,974 $572,000 $282,000 $290,000
2016 $4,492 $502,000 $247,000 $255,000
2015 $3,999 $442,000 $221,000 $221,000
2014 -- $402,000 $184,000 $218,000
2013 -- $371,000 $170,000 $201,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1582448

Northwest Multiple Listing Service (NWMLS)

APN: 276800-0020