NOT LISTED FOR SALE

Estimated Value: $1,079,000 - $1,188,996

2 Beds
2 Baths
1,260 Sq Ft
$912/Sq Ft Est. Value

Last Sold May 22, 2015

Last sale price $535,000 $425 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $7,244/month

6 Days on Market

Highlights

  • Wood Siding
  • 1-Story Property
  • 4-minute walk to Gemenskap Park
  • West Woodland Elementary School Rated A

About This Home

As of May 2015

Great income in this side-by-side 1905 fixer duplex situated on nice corner lot. Property features two bedroom & studio units with all square footage above grade. Located in high demand Ballard neighborhood and is perfect for income property or owner occupied. Rare two car detached garage/shop plus additional off street parking. Current garage rental income is $675 per month. Central Ballard location, just steps to shops, restaurants and neighborhood amenities.

Last Buyer's Agent

Helen Hitchcock

John L. Scott, Inc. License #50150

John L. Scott, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 777073

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,319

Year Built

  • Built in 1905

Lot Details

  • 5,000 Sq Ft Lot

Home Design

  • Duplex
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,260 Sq Ft Home
  • 1-Story Property

Parking

  • 5 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Community Details

  • Ballard Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2767900700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,319

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1905
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1260
  • Special Features: None
  • Cumulative Days on Market: 361

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Structure Type: Duplex

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 5
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 2048

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 2767900700
  • Lot Size Acres: 0.1148
  • Lot Size Sq Ft: 5000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • ZoningClass: Residential

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 2800

Multi Family

  • Gross Scheduled Income: 33600
  • Net Operating Income: 24492
  • Number Of Units Total: 4
  • Electric Expense: 661
  • Insurance Expense: 1060
  • Leasable Area: 1260
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2014
  • Tax Annual Amount: 4319

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2015
Closed on
May 19, 2015
Sold by
Tyas Richard D and Barckley Kay C
Bought by
Future Home & Co Llc
Buyer's Agent
Helen Hitchcock
John L. Scott, Inc.
List Price
$465,000
Sold Price
$535,000
Premium/Discount to List
$70,000
15.05%
Current Estimated Value
$1,149,749

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$614,749
Avg. Annual Appreciation
7.60%

Purchase Details

Closed on
Mar 25, 2004
Sold by
Hines Johnnie Howard
Bought by
Tyas Richard D and Barckley Kay C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
5.57%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 8, 1988
Sold by
Hines Kenna J
Bought by
Hines Johnnie H
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
Future Home & Co Llc $535,000 Chicago Title
Tyas Richard D $315,000 Chicago Title
Hines Johnnie H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tyas Richard D $217,000
Previous Owner Tyas Richard D $252,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2015 05/22/15 Sold $535,000 +15.1% $425 / Sq Ft
05/08/2015 05/08/15 Pending -- -- --
05/01/2015 05/01/15 For Sale $465,000 -- $369 / 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 $11,762 $1,204,000 $1,203,000 $1,000
2023 $9,156 $1,105,000 $1,104,000 $1,000
2022 $9,400 $1,043,000 $1,042,000 $1,000
2021 $6,306 $991,000 $990,000 $1,000
2020 $6,501 $611,000 $356,000 $255,000
2018 $5,839 $625,000 $379,000 $246,000
2017 $4,977 $559,000 $342,000 $217,000
2016 $4,491 $490,000 $300,000 $190,000
2015 $4,268 $431,000 $268,000 $163,000
2014 -- $421,000 $221,000 $200,000
2013 -- $388,000 $204,000 $184,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 777073

Northwest Multiple Listing Service (NWMLS)

APN: 276790-0700