NOT LISTED FOR SALE

5919 SW Admiral Way Seattle, WA 98116

Alki Neighborhood

Estimated Value: $1,146,000 - $1,465,682

4 Beds
2 Baths
3,960 Sq Ft
$339/Sq Ft Est. Value

Last Sold July 10, 2015

Last sale price $788,000 $199 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $8,315/month

5 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Wood Siding
  • Alki Elementary School Rated A-
  • Property is in very good condition

About This Home

As of July 2015

Rare opportunity to own a mid-century duplex located on the flats of Alki. Pride of ownership, sharp interiors, & good bones in this well maintained basement rambler. Each unit boasts vaulted ceilings, exposed brick walls, open floor plans w/updated kitchen, dining area & living room. Flexible basement space with ample room for storage, office, rec room, or play. Covered outdoor entertaining space w/fully fenced back yard perfect for BBQs. Off street parking for 4. Alki Beach only minutes away!

Last Agent to Sell the Property

Larry Johnson

Windermere West Metro License #25206 Listed on: 05/21/2015

Windermere West Metro

Co-Listed By

Gini Johnson

Windermere West Metro License #9400

Last Buyer's Agent

Larry Johnson

Windermere West Metro License #25206 Listed on: 05/21/2015

Windermere West Metro

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 788887

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,502

Year Built

  • Built in 1951

Lot Details

  • 6,545 Sq Ft Lot
  • Corner Lot
  • Property is in very good condition

Home Design

  • Duplex
  • Brick Exterior Construction
  • Poured Concrete
  • Bitumen Roof
  • Wood Siding

Interior Spaces

  • 3,960 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Wall to Wall Carpet

Parking

  • 4 Parking Spaces
  • Open Parking

Schools

  • Alki Elementary School
  • Madison Mid Middle School
  • West Seattle High School

Utilities

  • Natural Gas Connected

Community Details

  • Alki Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6372500005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,502

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1951
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3960
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 362

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Hardwood, See Remarks, Carpet
  • Interior Amenities: Forced Air, Hardwood, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Basement

Exterior Features

  • Roof: Torch Down
  • Lot Features: Corner Lot, Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Brick, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Utilities: Sewer Connected, Natural Gas Connected
  • PowerCompany: PSE
  • SewerCompany: City of Seattle
  • WaterCompany: City of Seattle
  • WaterSewerGarbage: 3034

Fee Information

  • Annual Fuel Expense: 3000

Schools

  • Junior High Dist: Seattle
  • High School: West Seattle High
  • Middle Or Junior School: Madison Mid

Lot Info

  • Parcel Number: 6372500005
  • Lot Size Acres: 0.1503
  • Lot Size Sq Ft: 6545
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: KCR
  • ZoningClass: Residential

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 19
  • LeasedItems: None
  • TotalMonthlyIncome: 3425

Multi Family

  • Gross Scheduled Income: 41100
  • Net Operating Income: 31540
  • Number Of Units Total: 2
  • Electric Expense: 2100
  • Insurance Expense: 1024
  • Leasable Area: 3960
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2014
  • Tax Annual Amount: 5502

MLS Schools

  • Elementary School: Alki

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2015
Closed on
Jul 6, 2015
Sold by
Alki Duplex Llc
Bought by
Fitterer Erik Ryan and Fitterer Brooke Lynne
Seller's Agent
Larry Johnson
Windermere West Metro
Buyer's Agent
Larry Johnson
Windermere West Metro
List Price
$800,000
Sold Price
$788,000
Premium/Discount to List
-$12,000
-1.5%
Current Estimated Value
$1,340,894

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$552,894
Avg. Annual Appreciation
5.85%
Original Mortgage
$490,000
Outstanding Balance
$386,988
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$1,015,099

Purchase Details

Closed on
Feb 3, 2012
Sold by
Larson Robert and Larson Darla
Bought by
Alki Duplex Llc

Purchase Details

Closed on
Nov 9, 2005
Sold by
Larson Benjamin R
Bought by
Larson Robert L and Larson Darla J

Purchase Details

Closed on
May 9, 2003
Sold by
Granstrom Lynn Dee
Bought by
Larson Robert L and Larson Darla J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
5.84%
Source: Public Records

Range of Values:

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Average Value
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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
Fitterer Erik Ryan $788,000 Old Republic
Alki Duplex Llc -- None Available
Larson Robert L -- Stewart Title
Larson Robert L $450,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fitterer Erik Ryan $490,000
Previous Owner Larson Darla J $215,000
Previous Owner Larson Robert L $405,000
Closed Larson Robert L $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2015 07/10/15 Sold $788,000 -1.5% $199 / Sq Ft
05/27/2015 05/27/15 Pending -- -- --
05/21/2015 05/21/15 For Sale $800,000 -- $202 / 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 $12,111 $1,214,000 $475,000 $739,000
2023 $11,389 $1,242,000 $439,000 $803,000
2022 $10,380 $1,318,000 $425,000 $893,000
2021 $9,202 $1,102,000 $392,000 $710,000
2020 $9,039 $922,000 $310,000 $612,000
2018 $8,201 $907,000 $310,000 $597,000
2017 $7,113 $806,000 $282,000 $524,000
2016 $6,824 $721,000 $269,000 $452,000
2015 $5,789 $677,000 $253,000 $424,000
2014 -- $585,000 $221,000 $364,000
2013 -- $503,000 $193,000 $310,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 788887

Northwest Multiple Listing Service (NWMLS)

APN: 637250-0005