Listed by Lake & Company, Bought with eXp Realty
NOT LISTED FOR SALE

Estimated Value: $1,110,887 - $1,358,000

5 Beds
2 Baths
2,540 Sq Ft
$487/Sq Ft Est. Value

Last Sold May 02, 2014

Last sale price $593,000 $233 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $7,289/month

6 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • High Speed Internet
  • West Woodland Elementary School Rated A
  • Thermal Windows
  • 2-minute walk to Phinney Ridge P-Patch Community Garden

About This Home

As of May 2014

Excellent investment or owner occupant duplex on a quiet Phinney/Ballard street. Lives like 2 houses attached to each other w/no one above or below you! Olympic Mt views from the front unit (3br). French doors to private deck & sunny yard off back unit (4br). Hardwood floors in living rooms. Basement remodel in 2000 included insulation, sound proofing, plumbing & wiring upgrades. Long term tenants would like to stay, income is from current new leases. Expenses listed are actual 2013/2014 totals.

Last Agent to Sell the Property

Larry Crites

Lake & Company License #8471 Listed on: 03/25/2014

Lake & Company

Co-Listed By

Ryan Tuttle

John L. Scott HWP License #113824

Last Buyer's Agent

Robin McCue

eXp Realty License #25550

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 609864

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,577

Year Built

  • Built in 1944

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50 x 100
  • Partially Fenced Property
  • Property is in good condition

Home Design

  • Duplex
  • Block Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,540 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Flooring

  • Wood
  • Wall to Wall Carpet

Outdoor Features

  • Deck

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Ballard Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2769600490

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,577

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1944
  • Buyer Agency Compensation: 3.0
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2540
  • Special Features: None

Interior Features

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

Exterior Features

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

Garage/Parking

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

Utilities

  • Sewer: Available
  • Water Source: Public
  • Security: FullyFenced
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Natural Gas Connected
  • PowerCompany: Seattle
  • SewerCompany: Seattle
  • WaterCompany: Seattle
  • WaterSewerGarbage: 2558

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 2769600490
  • Lot Size Acres: 0.1148
  • Lot Size: 50 x 100
  • Lot Size Sq Ft: 5000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,Gas Available,High Speed Internet
  • ZoningJurisdiction: City
  • ZoningClass: Residential

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13
  • LeasedItems: None
  • TotalMonthlyIncome: 3760

Multi Family

  • Gross Scheduled Income: 45120
  • Net Operating Income: 34625
  • Number Of Units Total: 2
  • Insurance Expense: 606
  • Leasable Area: 2540
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2014
  • Tax Annual Amount: 4577

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2014
Closed on
Apr 28, 2014
Sold by
Crites Lawrence C and Crites Stacy R
Bought by
Wang Jeanette and Yung Delwin
Seller's Agent
Larry Crites
Lake & Company
Buyer's Agent
Robin McCue
eXp Realty
List Price
$599,000
Sold Price
$593,000
Premium/Discount to List
-$6,000
-1%
Current Estimated Value
$1,237,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$644,222
Avg. Annual Appreciation
6.62%

Purchase Details

Closed on
Mar 9, 2000
Sold by
Tanner Raymond Douglas and Tanner Joann
Bought by
Crites Lawrence C and Crites Stacy R

Purchase Details

Closed on
Oct 17, 1996
Sold by
Tanner Raymond Douglas and Tanner Joann
Bought by
Tanner Raymond Douglas and Tanner Joann
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
Wang Jeanette $593,000 Ticor Title
Crites Lawrence C $200,000 Chicago Title
Tanner Raymond Douglas -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/02/2014 05/02/14 Sold $593,000 -1.0% $233 / Sq Ft
04/01/2014 04/01/14 Pending -- -- --
03/25/2014 03/25/14 For Sale $599,000 -- $236 / 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 $8,985 $902,000 $607,000 $295,000
2023 $8,381 $845,000 $557,000 $288,000
2022 $8,641 $994,000 $526,000 $468,000
2021 $7,964 $905,000 $500,000 $405,000
2020 $8,226 $789,000 $356,000 $433,000
2018 $7,388 $806,000 $379,000 $427,000
2017 $6,290 $721,000 $342,000 $379,000
2016 $5,677 $632,000 $300,000 $332,000
2015 $4,518 $556,000 $268,000 $288,000
2014 -- $448,000 $221,000 $227,000
2013 -- $413,000 $204,000 $209,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 609864

Northwest Multiple Listing Service (NWMLS)

APN: 276960-0490