Listed by KW Greater Seattle, Bought with Keller Williams Rlty Bellevue
NOT LISTED FOR SALE

Estimated Value: $919,634 - $1,353,000

-- Bed
-- Bath
2,912 Sq Ft
$390/Sq Ft Est. Value

Last Sold December 10, 2013

Last sale price $390,000 $134 Per Sq Ft

Est. 191% increase in value since last sale

Current estimated payment $7,032/month

110 Days on Market

About This Home

As of December 2013

Hot Market!! Don't miss out on your chance to own this multiplex. Purchase now while interest rates are still low. 4 - 2 bedroom, 1 bathroom apartments with a positive cash flow and a coin operated laundry room! Perfect Renton location with everything you need located near by.

Last Agent to Sell the Property

Angela Moore

KW Greater Seattle License #52477 Listed on: 07/10/2013

KW Greater Seattle

Last Buyer's Agent

Trina Tuyet Luong

Keller Williams Rlty Bellevue License #71237

Keller Williams Rlty Bellevue

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 514493

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $442

Year Built

  • Built in 1979

Lot Details

  • 5,037 Sq Ft Lot

Parking

  • 8 Parking Spaces

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Poured Concrete
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 2,912 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Community Details

  • Renton Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7841300537

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$442

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1979
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2912
  • Special Features: None
  • Cumulative Days on Market: 456

Interior Features

  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry

Exterior Features

  • Roof: Flat
  • View: No
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Open Parking: No
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 368

Schools

  • Junior High Dist: Renton
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 7841300537
  • Lot Size Acres: 0.1156
  • Lot Size Sq Ft: 5037
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 139
  • LeasedItems: None
  • TotalMonthlyIncome: 4000

Multi Family

  • Gross Scheduled Income: 3600
  • Net Operating Income: 2425
  • Number Of Units Total: 4
  • Electric Expense: 85
  • Insurance Expense: 150
  • Leasable Area: 2912
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2012
  • Tax Annual Amount: 442

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2013
Closed on
Nov 13, 2013
Sold by
Edgmon David L and Edgmon Lydia D
Bought by
Rasaretnam Suresh and Rasaretnam Anh Thu
Seller's Agent
Angela Moore
KW Greater Seattle
Buyer's Agent
Trina Tuyet Luong
Keller Williams Rlty Bellevue
List Price
$499,900
Sold Price
$390,000
Premium/Discount to List
-$109,900
-21.98%
Current Estimated Value
$1,136,317

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$746,317
Avg. Annual Appreciation
9.37%
Original Mortgage
$292,500
Outstanding Balance
$220,157
Interest Rate
4.08%
Estimated Equity
$890,993

Purchase Details

Closed on
Dec 5, 2005
Sold by
Bloom Michelle L
Bought by
Edgmon David L and Edgmon Lydia D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
6.14%

Purchase Details

Closed on
Sep 5, 2003
Sold by
Russell Peter J
Bought by
Bloom Michelle L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,400
Interest Rate
7.75%

Purchase Details

Closed on
May 26, 1998
Sold by
Arnold Jack G
Bought by
Russell Peter J and Bloom Michelle L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
7.13%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Rasaretnam Suresh $390,000 Wfg National T
Edgmon David L $450,000 Chicago Title
Bloom Michelle L $103,487 Chicago Title
Russell Peter J $229,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rasaretnam Suresh $292,500
Previous Owner Edgmon David L $337,500
Previous Owner Bloom Michelle L $239,400
Previous Owner Russell Peter J $204,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2013 12/10/13 Sold $390,000 -22.0% $134 / Sq Ft
10/29/2013 10/29/13 Pending -- -- --
07/10/2013 07/10/13 For Sale $499,900 -- $172 / 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 $10,078 $935,000 $193,900 $741,100
2023 $9,185 $891,000 $193,900 $697,100
2022 $9,349 $879,000 $185,100 $693,900
2021 $9,057 $778,000 $176,200 $601,800
2020 $7,859 $721,000 $166,200 $554,800
2018 $6,929 $529,000 $141,000 $388,000
2017 $6,002 $482,000 $141,000 $341,000
2016 $5,737 $405,000 $128,400 $276,600
2015 -- $433,000 $115,800 $317,200
2014 -- $367,000 $115,800 $251,200
2013 -- $348,000 $115,800 $232,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 514493

Northwest Multiple Listing Service (NWMLS)

APN: 784130-0537