1996 built Triplex in impeccable condition with a new roof. Great layout and a spacious top floor unit perfect for Owner occupy. 4 car parking in the alley. Easy access to downtown with the C Line and close to everything. This is an excellent and rare opportunity to buy a super clean triplex. You can buy owner occupied and live in the top unit while the other 2 units pay your mortgage. Each unit has dishwasher & washer/Dryers. 2 units have fireplaces. Upper unit has concrete slab flooring for sound deadening between units.
Windermere West MetroLicense #18500Listed on: 12/16/2020
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 1698184
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$7,740
Year Built
Built in 1996
Lot Details
4,400 Sq Ft Lot
Partially Fenced Property
Property is in very good condition
Home Design
Triplex
Poured Concrete
Composition Roof
Wood Siding
Interior Spaces
2,740 Sq Ft Home
2-Story Property
Flooring
Wall to Wall Carpet
Vinyl
Parking
4 Parking Spaces
Open Parking
Outdoor Features
Deck
Patio
Community Details
Fairmount Subdivision
Listing and Financial Details
Assessor Parcel Number 7625702790
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$7,740
Year Built
Built in 1996
Lot Details
0
Listing Details
Property Type: Residential Income
Property Sub Type: Multi-Family
StyleCode: 53 - Tri-plex
Year Built: 1996
Buyer Agency Compensation: 3
MLS Status: Sold
Prev Status: Closed
New Construction: No
CalculatedSquareFootage: 2740
EffectiveYearBuiltSource: Public Records
Special Features: None
Cumulative Days on Market: 278
Interior Features
Fireplace: No
Flooring: Vinyl, Carpet
Interior Amenities: Wall to Wall Carpet
Stories: 2
SquareFootageFinished: 0
SquareFootageUnfinished: 0
Exterior Features
Roof: Composition
Lot Features: Alley, Curbs, Paved, Sidewalk
View: No
Waterfront: No
Exterior Features: Wood
Foundation Details: Poured Concrete
Property Condition: Very Good
Structure Type: Triplex
Garage/Parking
Carport Y N: No
Open Parking Spaces: 4
Open Parking: Yes
Total Parking Spaces: 4
ParkingUncoveredSpaces: 4
Utilities
Sewer: Sewer Connected
Security: FullyFenced
Heating Yn: Yes
Utilities: Sewer Connected, Electric
WaterSewerGarbage: 3600
Condo/Co-op/Association
Senior Community: No
Schools
Junior High Dist: Seattle
Lot Info
Parcel Number: 7625702790
Lot Size Acres: 0.101
Lot Size Sq Ft: 4400
Irrigation Water Rights: No
ResoLotSizeUnits: SquareFeet
ShowMapLink: true
SiteFeatures: Deck,Fenced-Partially,Patio
MLSLotSizeSource: kcr
ZoningJurisdiction: City
Green Features
Power Production Type: Electric
Rental Info
Furnished: Unfurnished
GrossRentMultiplier: 18
LeasedItems: None
TotalMonthlyIncome: 5400
Multi Family
Gross Scheduled Income: 64800
Net Operating Income: 50160
Number Of Units Total: 3
Insurance Expense: 1200
Leasable Area: 2740
UnitsInBuildingTotal: 3
UnitsBelowGrade: false
VacancyRate: 5
Tax Info
Year: 2020
Tax Annual Amount: 7740
Ownership History
DateNameOwned ForOwner Type
Apr 2021 - PresentAram M Karabetyan Living Trust and Karabetyan4 Years and 1 Month
Private Individual
Purchase Details
Closed on
Apr 1, 2021
Sold by
Karabetyan Aram M
Bought by
Aram M Karabetyan Living Trust and Karabetyan
Total Days on Market
14
Current Estimated Value
$1,323,835
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Outstanding Balance
$640,623
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$672,918
Mar 2021 - Apr 2021Karabetyan Aram M1 Month
Private Individual
Purchase Details
Closed on
Mar 30, 2021
Sold by
Karabetyan Aram M and The Aram M Karabetyan Living T
Bought by
Karabetyan Aram M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Outstanding Balance
$640,623
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$672,918
Jan 2021 - Mar 2021Aram M Karabetyan Living Trust and Karabetyan2 Months
Private Individual
Purchase Details
Listed on
Dec 16, 2020
Closed on
Jan 15, 2021
Sold by
Calvo Jennifer Sue and Calvo Frank J
Bought by
Aram M Karabetyan Living Trust and Karabetyan
Seller's Agent
Bill Reid
Windermere West Metro
Buyer's Agent
Alicia Arsene
The Preview Group
List Price
$1,195,000
Sold Price
$1,100,000
Premium/Discount to List
-$95,000
-7.95%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.18%
Jun 2004 - Jan 2021Kim John Soo Sung and Kim Caroline Young16 Years and 7 Months
Private Individual
Purchase Details
Closed on
Jun 25, 2004
Sold by
Kim John S S and Kim Caroline Y
Bought by
Kim John Soo Sung and Kim Caroline Young
Mar 1996 - Jun 2004Attey Jennifer Sue and Calvo Frank J8 Years and 3 Months
Private Individual
Purchase Details
Closed on
Mar 15, 1996
Sold by
Vornbrock & Sons Construction Inc
Bought by
Attey Jennifer Sue and Calvo Frank J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
7.01%
Dec 1994 - Mar 1996Vornbrock & Sons Construction Inc1 Year and 3 Months
Company
Purchase Details
Closed on
Dec 9, 1994
Sold by
Kailani Corp
Bought by
Vornbrock & Sons Construction Inc
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
9.08%
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
TRI-PLEX! West Seattle's Highland Park neighborhood offers this Fantastic & Unique 6Bd/4Ba Home: Live in as SF, Rental or utilize as Multi-Generational Living. Main Floor Unit A: 3Bd/2Ba w/Liv/Din/Kit/Primary Suite + Covered Front Porch & 4 Parking Spaces on Newly resurfaced & sealed Driveway. Drive around back to enter 2 Sep Units. Unit B: 2Bd/1Ba, Liv/Din/Kit/Front & Back Entries. Unit C:
Residents enjoy close proximity to parks, shopping, beaches & many other opportunities. Built in 1981, by the current owner & on the market for the first time, the property is comprised of 3 large 2-bed units. Units feature large decks overlooking a greenbelt, full sized in unit laundry machines, new hot water tanks, ample closet space and use of the shared backyard. The property is meticulously
Live the beachside dream w/this versatile Alki gem! Nestled in the quaint bungalow community known as Marguerite Court, this cottage-style grandfathered duplex could become your future single-family home. The two floors remain connected by an interior stairwell, offering numerous options for current use (1-2 dwellings) and future use (up to 3 dwellings w/garage-to-DADU conversion). A few blocks
Premier 4-unit multifamily asset strategically located one block from Alki Beach and 15 minutes from Downtown Seattle, offering unmatched coastal allure and urban connectivity. Significant value-add potential through calculated renovations could yield $346+ per unit in monthly rental income, increasing cash-flow and market value. Positioned in a high-demand, low-inventory waterfront market, the
Beautifully remodeled home featuring 4 separate living spaces on a huge 16,500 sf lot at the end of a quiet private dead-end street! Each unit includes off-street parking, laundry, and tasteful upgrades—new roof, quartz kitchen counters, updated bathrooms, and AC. Excellent investment opportunity or live in one unit and offset your mortgage—FHA/VA financing eligible! Building 1 (810): (A) 2 bed +
Exceptional studs-out remodel with updated electrical, plumbing, hvac, roof, and concrete foundation. Each of the three units are separately metered and have modern finishes, new kitchens, in-unit laundry, and private entrances. Turnkey investment or owner-occupant opportunity. Located just steps from the upcoming Judkins Park Light Rail Station, with easy access to downtown, i-90, and the
Exceptional Investment Opportunity in South Seattle! Three neighboring homes on two separate parcels—available together for one owner. This rare setup offers flexibility to rent, sell, condominium-ize, or occupy individually. Each home has its own water and electrical meter and services. One home was newly—built in 2024, offering modern finishes and turnkey appeal. Other wo houses were remodeled
Welcome to this charming restored craftsman duplex in the heart of the city! Amazing owner-occupied opportunity! Located just blocks from downtown, stadiums, freeway access and more, this investment opportunity has it all! The main unit features 3 bedrooms, a grand main living floor with beautiful hardwood floors & gorgeous millwork details, formal dining & living spaces and an open kitchen and a
Exceptional Mount Baker home offering modern comfort + investment potential. Spacious open floorplan w/ large windows showcasing territorial views & natural light. Quality finishes throughout, including hardwood floors, distinctive architectural details, Lutron lighting controls, and more. Centerpiece kitchen opens to bright dining & sitting area—perfect for entertaining. Main level flexible
Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
Source: Public Records
Tax History
Year
Tax Paid
Tax AssessmentTax 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.
This home is located at 5948 Fauntleroy Way SW, Seattle, WA 98136 since 16 December 2020 and is currently estimated at $1,323,835, approximately $483 per square foot. This property was built in 1996. 5948 Fauntleroy Way SW is a home located in King County with nearby schools including Madison Middle School, West Seattle High School, and Our Lady of Guadalupe Catholic School.
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.