Listed by Windermere Real Estate/East, Bought with Real Estate Collection
NOT LISTED FOR SALE

Estimated Value: $2,305,222 - $3,312,000

5 Beds
4 Baths
3,080 Sq Ft
$915/Sq Ft Est. Value

Last Sold September 16, 2020

Last sale price $1,480,000 $481 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $16,984/month

180 Days on Market

Highlights

  • Deck
  • Territorial View
  • Patio
  • Peter Kirk Elementary School Rated A
  • Thermal Windows
  • 5-minute walk to Peter Kirk Park

About This Home

As of September 2020

Downtown Kirkland prime location! Walk to new Kirkland Urban, tennis courts, shopping, bus, theatre, pool, library, restaurants, parks & Lake Washington. 3 unit building can be perfect owner occupied investment or remodel or build condos. Large fenced yard, covered parking + guest parking. Spacious units have abundant storage, fireplaces , & deck. Clean units have been maintained but ready for updating. Easy to I-405, Google, Microsoft, and Canyon Park commutes. 1031 Tax EXCHANGE.

Last Agent to Sell the Property

Joyce Hardy

Windermere Real Estate/East License #5403 Listed on: 03/04/2020

Windermere Real Estate/East

Last Buyer's Agent

Mehar Mehar

Real Estate Collection License #138561

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1571108

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,190

Year Built

  • Built in 1979

Lot Details

  • 10,499 Sq Ft Lot
  • Partially Fenced Property
  • Value in Land
  • Property is in average condition

Home Design

  • Triplex
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,080 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 8 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Schools

  • Peter Kirk Elementary School
  • Kirkland Middle School
  • Lake Wash High School

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Downtown Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3885807730

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,190

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1979
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3080
  • EffectiveYearBuiltSource: See Remarks
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Thermal Windows

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Curbs, Paved, Sidewalk, Value In Land
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Property Condition: Average
  • Structure Type: Triplex

Garage/Parking

  • Carport Spaces: 5
  • Carport Y N: No
  • Open Parking Spaces: 3
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 3

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: City of Kirkland
  • WaterCompany: City of Kirkland
  • WaterSewerGarbage: 3213

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Lake Washington
  • High School: Lake Wash High
  • Middle Or Junior School: Kirkland Middle

Lot Info

  • Parcel Number: 3885807730
  • Lot Size Acres: 0.241
  • Lot Size Sq Ft: 10499
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,Gas Available,High Speed Internet,Patio
  • MLSLotSizeSource: KCR
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 3860

Tax Info

  • Year: 2020
  • Tax Annual Amount: 10190

Multi Family

  • Number Of Units Total: 3
  • Insurance Expense: 1625
  • Leasable Area: 3080
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 0

MLS Schools

  • Elementary School: Peter Kirk Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 21, 2025
Sold by
Sheng William and Raje Saili
Bought by
Sheng William and Raje Saili
Current Estimated Value
$2,817,407

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Outstanding Balance
$1,000,000
Interest Rate
6.65%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,404,575

Purchase Details

Listed on
Mar 4, 2020
Closed on
Sep 4, 2020
Sold by
Hardy Joyce D
Bought by
Sheng William and Raje Saili
Seller's Agent
Joyce Hardy
Windermere Real Estate/East
Buyer's Agent
Mehar Mehar
Real Estate Collection
List Price
$1,600,000
Sold Price
$1,480,000
Premium/Discount to List
-$120,000
-7.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.11%
Original Mortgage
$1,258,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 1997
Sold by
Schwartz Lerose E
Bought by
Hardy Joyce D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,000
Interest Rate
7.86%
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
Sheng William $313 Wfg Lender Services
Sheng William $1,480,000 Cw Title
Hardy Joyce D $310,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sheng William $1,000,000
Previous Owner Sheng William $1,258,000
Previous Owner Hardy Joyce D $217,000
Closed Hardy Joyce D $31,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2020 09/16/20 Sold $1,480,000 -7.5% $481 / Sq Ft
08/31/2020 08/31/20 Pending -- -- --
07/23/2020 07/23/20 For Sale $1,600,000 0.0% $519 / Sq Ft
07/17/2020 07/17/20 Pending -- -- --
06/04/2020 06/04/20 Price Changed $1,600,000 -3.0% $519 / Sq Ft
03/16/2020 03/16/20 For Sale $1,650,000 0.0% $536 / Sq Ft
03/05/2020 03/05/20 Pending -- -- --
03/05/2020 03/05/20 For Sale $1,650,000 0.0% $536 / Sq Ft
03/04/2020 03/04/20 Pending -- -- --
03/04/2020 03/04/20 For Sale $1,650,000 -- $536 / 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 $24,562 $3,020,000 $978,000 $2,042,000
2023 $15,107 $1,895,000 $896,000 $999,000
2022 $12,514 $2,006,000 $1,083,000 $923,000
2021 $10,319 $1,407,000 $764,000 $643,000
2020 $10,191 $1,063,000 $657,000 $406,000
2018 $9,061 $1,039,000 $644,000 $395,000
2017 $7,869 $890,000 $578,000 $312,000
2016 $7,576 $805,000 $514,000 $291,000
2015 $7,767 $765,000 $481,000 $284,000
2014 -- $757,000 $551,000 $206,000
2013 -- $623,000 $501,000 $122,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1571108

Northwest Multiple Listing Service (NWMLS)

APN: 388580-7730