Listed by COMPASS, Bought with Windermere Real Estate/East
$850,000
SOLD APR 16, 2015
-- Bed
-- Bath
2,840 Sq Ft
4,500 Sq Ft Lot

Recently Sold

$299 Per Sq Ft

12 Days on Market

About This Home

As of August 2020

Incredible tri-plex opportunity near Green Lake! 5.35 CAP and 30%+ total return! Classic finishes such as hardwood floors, amazing millwork, and the cozy, vintage Seattle feel! Nice updates including granite, cherry cabinets, & detailed tile-work. $8,000+ kitchen remodel recently done on top unit! Private garage & storage area for extra income (not currently included in rents) w/ ample off-street parking. Great opportunity for owner occupant or investor. Come check it out today!

Last Agent to Sell the Property

Dan Faulkner

COMPASS License #23429 Listed on: 03/06/2015

COMPASS

Last Buyer's Agent

David Croppi

Windermere Real Estate/East License #24737

Windermere Real Estate/East

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 750661

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,467

Year Built

1921

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1921
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2840
  • Special Features: VirtualTour
  • Cumulative Days on Market: 333

Interior Features

  • Possible Use: Multi-Family, Residential
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Vinyl, Carpet
  • Interior Amenities: Radiator, Ceramic Tile, Hardwood, Wall to Wall Carpet
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Basement,Storage

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Triplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Open Parking: No
  • Total Parking Spaces: 1
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric, Oil
  • WaterSewerGarbage: 1800

Fee Information

  • Annual Fuel Expense: 1200

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 9222400605
  • Lot Size Acres: 0.1033
  • Lot Size Sq Ft: 4500
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,High Speed Internet,Patio
  • MLSLotSizeSource: Tax Records
  • ZoningClass: Multi-Family,Residential

Green Features

  • Power Production Type: Electric, Oil

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 4775

Multi Family

  • Gross Scheduled Income: 57300
  • Net Operating Income: 45491
  • Number Of Units Total: 3
  • Insurance Expense: 1152
  • Leasable Area: 2840
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2014
  • Tax Annual Amount: 5938

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2020
Closed on
Aug 7, 2020
Sold by
Rusk Bram and Monroe Jenefer
Bought by
Yi Derrick and Yi Jessica
Seller's Agent
Grant Fosheim
Opal Blue Real Estate, LLC
Buyer's Agent
MK Yi
Windermere Real Estate/PSR Inc
List Price
$1,100,000
Sold Price
$1,000,000
Premium/Discount to List
-$100,000
-9.09%
Current Estimated Value
$1,386,046

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$386,046
Avg. Annual Appreciation
6.68%
Original Mortgage
$750,000
Outstanding Balance
$672,741
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$699,093

Purchase Details

Listed on
Mar 6, 2015
Closed on
Apr 11, 2015
Sold by
Raji Vijaye and Raji Ashley
Bought by
Monroe Jenefer and Rusk Bram
Seller's Agent
Dan Faulkner
COMPASS
Buyer's Agent
David Croppi
Windermere Real Estate/East
List Price
$850,000
Sold Price
$850,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.10%
Original Mortgage
$400,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2014
Sold by
Mathur Tej S and Mathur Leela
Bought by
Mathur Shaan S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,500
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2014
Sold by
Mathur Shaan S and Mathur Kaitlin
Bought by
Raji Vijaye G and Raji Ashley L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,500
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 2011
Sold by
Smith Ashley S and Stack Kirsten
Bought by
Mathur Shaan S and Mathur Tej S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,500
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 2006
Sold by
Smith Ashley S
Bought by
Smith Ashley S and Stack Kirsten E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
6.74%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 7, 2001
Sold by
Hankins Benjamin
Bought by
Numrich Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,000
Interest Rate
7.1%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 13, 1998
Sold by
Indra Frank X and Indra Erna
Bought by
Hankins Benjamin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
6.54%
Mortgage Type
Seller Take Back
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,000,000 First American
Warranty Deed $850,000 Fidelity Natio
Interfamily Deed Transfer -- Fidelity Natio
Warranty Deed $842,500 Fidelity Natio
Interfamily Deed Transfer -- Fidelity Natio
Warranty Deed $574,000 First American
Interfamily Deed Transfer -- Custom Title
Warranty Deed $420,000 Chicago Title
Warranty Deed $350,000 Old Republic Title Ltd
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $750,000 New Conventional
Previous Owner $400,000 New Conventional
Previous Owner $492,500 New Conventional
Previous Owner $492,500 New Conventional
Previous Owner $430,500 New Conventional
Previous Owner $35,000 Stand Alone Second
Previous Owner $476,500 New Conventional
Previous Owner $395,000 Seller Take Back
Previous Owner $315,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2020 08/13/20 Sold $1,000,000 -9.1% $307 / Sq Ft
07/09/2020 07/09/20 Pending -- -- --
06/24/2020 06/24/20 For Sale $1,100,000 +29.4% $337 / Sq Ft
04/16/2015 04/16/15 Sold $850,000 0.0% $299 / Sq Ft
03/19/2015 03/19/15 Pending -- -- --
03/06/2015 03/06/15 For Sale $850,000 -- $299 / 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 $10,467 $1,076,000 $575,000 $501,000
2023 $10,712 $1,118,000 $564,000 $554,000
2022 $10,026 $1,249,000 $513,000 $736,000
2021 $10,249 $1,076,000 $452,000 $624,000
2020 $10,582 $1,048,000 $350,000 $698,000
2018 $9,644 $1,104,000 $368,000 $736,000
2017 $7,474 $967,000 $323,000 $644,000
2016 $6,952 $769,000 $294,000 $475,000
2015 $6,113 $698,000 $268,000 $430,000
2014 -- $627,000 $241,000 $386,000
2013 -- $551,000 $212,000 $339,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 750661

Northwest Multiple Listing Service (NWMLS)

APN: 922240-0605