Listed by Paragon Real Estate Advisors, Bought with Skyline Properties, Inc.
NOT LISTED FOR SALE

6103 -6107 NE 194th Place Kenmore, WA 98028

Linwood Heights Neighborhood

Estimated Value: $1,139,000 - $1,214,000

-- Bed
-- Bath
3,170 Sq Ft
$372/Sq Ft Est. Value

Last Sold July 17, 2024

Last sale price $1,165,000 $368 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $7,124/month

44 Days on Market

About This Home

As of July 2024

This property features a unit mix of three 2-bedroom, 1-bathroom units each 850 square feet, and one 620-square-foot 1-bedroom, 1-bathroom unit. With three units having recently undergone some updates and the fourth well-maintained by a long-term tenant, the property is in move-in ready condition. The current rents are approximately 15-25% below market rents, presenting an attractive value-add potential through operational improvements, including implementing a utility billback system. Property is apart of an HOA with the surrounding properties of similar size.

Last Agent to Sell the Property

Michael Urquhart

Paragon Real Estate Advisors License #135356 Listed on: 03/26/2024

Co-Listed By

Ben Douglas

Paragon Real Estate Advisors License #22013305

Last Buyer's Agent

Arthur Castleton

Skyline Properties, Inc. License #22024465

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2214734

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,450

Year Built

  • Built in 1971

Lot Details

  • 9,600

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Built-Up Roof
  • Wood Composite

Interior Spaces

  • 3,170 Sq Ft Home
  • 2-Story Property

Parking

  • 7 Parking Spaces
  • Open Parking

Additional Features

  • 9,600 Sq Ft Lot
  • Radiant Heating System

Community Details

  • No Home Owners Association
  • Kenmore Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4140100030

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,450

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1971
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3170
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Built-Up
  • View: No
  • Waterfront: No
  • Exterior Features: Brick, Wood Products
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Spaces: 4
  • Carport Y N: No
  • Open Parking Spaces: 3
  • Open Parking: Yes
  • Total Parking Spaces: 7
  • ParkingUncoveredSpaces: 3

Utilities

  • Sewer: Sewer Connected
  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiant
  • Heating Yn: Yes
  • WaterSewerGarbage: 6663

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Northshore

Lot Info

  • Parcel Number: 4140100030
  • Lot Size Acres: 0.2204
  • Lot Size Sq Ft: 9600
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: King County

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 16.2
  • LeasedItems: None
  • TotalMonthlyIncome: 6285

Multi Family

  • Gross Scheduled Income: 75420
  • Net Operating Income: 49974
  • Number Of Units Total: 4
  • Insurance Expense: 2555
  • Leasable Area: 3170
  • EnergySource: Electric
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2024
  • Tax Annual Amount: 11450

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2024
Closed on
Jun 13, 2024
Sold by
Gutierrez Maria L Londono
Bought by
Castleton Arthur
Seller's Agent
Michael Urquhart
Paragon Real Estate Advisors
Buyer's Agent
Arthur Castleton
Skyline Properties, Inc.
List Price
$1,225,000
Sold Price
$1,165,000
Premium/Discount to List
-$60,000
-4.9%
Views
35
Current Estimated Value
$1,178,664

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,664
Avg. Annual Appreciation
-0.01%
Original Mortgage
$873,750
Outstanding Balance
$866,383
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$298,468

Purchase Details

Listed on
Mar 26, 2024
Closed on
Jun 11, 2024
Sold by
Zeno Properties Llc
Bought by
Castleton Arthur and Castleton Aaron
Seller's Agent
Michael Urquhart
Paragon Real Estate Advisors
Buyer's Agent
Arthur Castleton
Skyline Properties, Inc.
List Price
$1,225,000
Sold Price
$1,165,000
Premium/Discount to List
-$60,000
-4.9%
Views
35

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$873,750
Outstanding Balance
$866,383
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$298,468

Purchase Details

Closed on
Jan 18, 2013
Sold by
Papendorf Christopher S and Schroeder Stephanie L
Bought by
Zeno Properties Llc

Purchase Details

Closed on
Oct 17, 2012
Sold by
Zeno Properties Llc
Bought by
Papendorf Christopher S and Schroeder Stephanie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$334,000
Interest Rate
3.35%

Purchase Details

Closed on
Sep 1, 2004
Sold by
Craig Frank E and Craig Frankie C
Bought by
Zeno Properties

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Interest Rate
6.06%

Purchase Details

Closed on
Mar 12, 1992
Sold by
Craig Marcia K
Bought by
Craig Frank E
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
Castleton Arthur $313 Stewart Title
Castleton Arthur $1,165,000 Stewart Title
Zeno Properties Llc -- None Available
Papendorf Christopher S -- None Available
Zeno Properties $465,000 Fidelity Natio
Craig Frank E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castleton Arthur $873,750
Previous Owner Zeno Properties $372,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2024 07/17/24 Sold $1,165,000 -4.9% $368 / Sq Ft
05/09/2024 05/09/24 Pending -- -- --
03/26/2024 03/26/24 For Sale $1,225,000 -- $386 / 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 $10,498 $973,000 $240,000 $733,000
2023 $11,450 $1,050,000 $211,200 $838,800
2022 $10,897 $1,094,000 $182,400 $911,600
2021 $11,918 $955,000 $172,800 $782,200
2020 $11,240 $970,000 $240,000 $730,000
2018 $8,803 $779,000 $220,800 $558,200
2017 $7,123 $699,000 $220,800 $478,200
2016 $6,954 $564,000 $211,200 $352,800
2015 -- $561,000 $192,000 $369,000
2014 -- $518,000 $192,000 $326,000
2013 -- $518,000 $172,800 $345,200
Source: Public Records

Agents Affiliated with this Home

  • Michael Urquhart

    Seller's Agent in 2024

    Michael Urquhart

    Paragon Real Estate Advisors

    (206) 812-9123

    1 in this area

    90 Total Sales

    Michael Urquhart
    Section Image
  • Ben Douglas

    Seller Co-Listing Agent in 2024

    Ben Douglas

    Paragon Real Estate Advisors

    (206) 623-8880

    1 in this area

    27 Total Sales

    Ben Douglas
    Section Image

  • A

    Buyer's Agent in 2024

    Arthur Castleton

    Skyline Properties, Inc

    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2214734

Northwest Multiple Listing Service (NWMLS)

APN: 414010-0030

Washington King County Kenmore 98028 Linwood Heights

6103 -6107 NE 194th Place, Kenmore, WA

This home is located at 6103 -6107 NE 194th Place, Kenmore, WA 98028 since 26 March 2024 and is currently estimated at $1,178,664, approximately $371 per square foot. This property was built in 1971. 6103 -6107 NE 194th Place is a home located in King County with nearby schools including Kenmore Elementary School, Kenmore Middle School, and Inglemoor High 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.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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