Nice side by side duplex in the Renton Highlands. Each unit is 2br/1ba with fenced back yards and washer/dryer in the unit. Each unit has its own water meter so tenants pay all utilities for more money in your pocket. Drive by only, do not disturb tenants. Great location close to shopping, freeways and the Renton Technical Collage. Possibly subdivide the lot. Buyer to verify.
Last Agent to Sell the Property
Larry Cutting
PRO RLTYSRVCS EastsideLicense #17516Listed on: 03/17/2017
Last Buyer's Agent
Larry Cutting
PRO RLTYSRVCS EastsideLicense #17516Listed on: 03/17/2017
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 1077702
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$2,511
Year Built
Built in 1943
Lot Details
8,529 Sq Ft Lot
Partially Fenced Property
Home Design
Duplex
Pillar, Post or Pier Foundation
Composition Roof
Vinyl Construction Material
Interior Spaces
1,440 Sq Ft Home
1-Story Property
Flooring
Wall to Wall Carpet
Vinyl
Parking
2 Parking Spaces
Open Parking
Outdoor Features
Deck
Utilities
Natural Gas Connected
High Speed Internet
Cable TV Available
Community Details
Highlands Subdivision
Listing and Financial Details
Assessor Parcel Number 7227800720
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$2,511
Year Built
Built in 1943
Lot Details
0
Listing Details
Property Type: Residential Income
Property Sub Type: Multi-Family
StyleCode: 52 - Duplex
Year Built: 1943
Buyer Agency Compensation: 3%
MLS Status: Sold
Prev Status: Closed
New Construction: No
CalculatedSquareFootage: 1440
Special Features: None
Cumulative Days on Market: 291
Interior Features
Fireplace: No
Flooring: Vinyl, Carpet
Interior Amenities: Forced Air, Wall to Wall Carpet
Stories: 1
SquareFootageFinished: 0
SquareFootageUnfinished: 0
Exterior Features
Roof: Composition
Lot Features: Paved
View: No
Waterfront: No
Exterior Features: Metal/Vinyl
Foundation Details: Post & Pillar
Structure Type: Duplex
Garage/Parking
Carport Y N: No
Open Parking Spaces: 2
Open Parking: Yes
Total Parking Spaces: 2
ParkingUncoveredSpaces: 2
Utilities
Sewer: Sewer Connected
Water Source: Public
Security: FullyFenced
Utilities: Cable Connected, High Speed Internet, Sewer Connected, Natural Gas Connected
PowerCompany: PSE
SewerCompany: City of Renton
WaterCompany: City of Renton
WaterSewerGarbage: 0
Schools
Junior High Dist: Renton
Lot Info
Parcel Number: 7227800720
Lot Size Acres: 0.1958
Lot Size Sq Ft: 8529
Irrigation Water Rights: No
ResoLotSizeUnits: SquareFeet
ShowMapLink: true
SiteFeatures: Cable TV,Deck,Fenced-Partially,High Speed Internet
MLSLotSizeSource: KCR
ZoningJurisdiction: City
Green Features
Power Production Type: Natural Gas
Rental Info
Furnished: Unfurnished
GrossRentMultiplier: 14
LeasedItems: None
TotalMonthlyIncome: 1800
Multi Family
Gross Scheduled Income: 22500
Net Operating Income: 19529
Number Of Units Total: 2
Insurance Expense: 460
Leasable Area: 1440
UnitsInBuildingTotal: 2
UnitsBelowGrade: false
VacancyRate: 0
Tax Info
Year: 2016
Tax Annual Amount: 2511
Ownership History
DateNameOwned ForOwner Type
Mar 2017 - PresentSyrbu Vyacheslav G and Syrbu Natalya S8 Years and 3 Months
Private Individual
Purchase Details
Listed on
Mar 17, 2017
Closed on
Mar 23, 2017
Sold by
Cutting Larry D
Bought by
Syrbu Vyacheslav G and Syrbu Natalya S
Seller's Agent
Larry Cutting
PRO RLTYSRVCS Eastside
Buyer's Agent
Larry Cutting
PRO RLTYSRVCS Eastside
List Price
$379,950
Sold Price
$359,300
Premium/Discount to List
-$20,650
-5.43%
Total Days on Market
4
Current Estimated Value
$629,229
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$269,929
Jan 2011 - Mar 2017Cutting Larry D6 Years and 2 Months
Private Individual
Purchase Details
Closed on
Jan 6, 2011
Sold by
Cutting Larry
Bought by
Cutting Larry D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,000
Interest Rate
4.35%
Mortgage Type
New Conventional
Jul 2010 - Jan 2011Cutting Larry D and Eastside Funding Llc6 Months
Company
Purchase Details
Closed on
Jul 13, 2010
Sold by
Finch Savitha G and Finch Scott A
Bought by
Cutting Larry D and Eastside Funding Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,414
Interest Rate
4.76%
Mortgage Type
Stand Alone Second
Jul 2010 - Jul 2010Cutting LarryLess than a month
Private Individual
Purchase Details
Closed on
Jul 9, 2010
Sold by
Eastside Funding Llc
Bought by
Cutting Larry
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,414
Interest Rate
4.76%
Mortgage Type
Stand Alone Second
Feb 2000 - Jul 2010Finch Scott A and Finch Savitha G10 Years and 5 Months
Private Individual
Purchase Details
Closed on
Feb 17, 2000
Sold by
Fitzpatrick Stanley W
Bought by
Finch Scott A and Finch Savitha G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Remodeled Duplex in Prime Renton Highlands Location! Featuring two units, each with upgraded granite-countertop kitchen and wood laminate flooring. Unit 1: 3 bedrooms, 1 bath and Unit 2: 2 bedrooms, 1 bath. Each unit with its own water meter. Enjoy the expansive backyard on a large lot, ideal for relaxing or entertaining. Nestled just off Sunset Boulevard in highly sought-after Renton Highlands,
Remodeled Duplex in Prime Renton Highlands Location! Featuring two units, each with upgraded granite-countertop kitchen and wood laminate flooring. Both units with 2 bedrooms, 1 bath and separate water meters. Enjoy the expansive backyard on a large lot, ideal for relaxing or entertaining. Nestled just off Sunset Boulevard in highly sought-after Renton Highlands, this property is conveniently
Side By Side brick Duplex, currently both units are occupied by tenants can only be viewed with offer in hand. Unit 1 has French doors that can be a 2nd bedroom or office. Unit 2 has a building behind which contains the washer & dryer, storage. Newer water line & new roof on garage. Each unit shares 1/2 of the garage. Additional parking in front. Great location, walkable, close to shopping,
*Investors*alert! Development opportunity for new homes on the R-14 zoned land can be a lucrative venture. With the potential for multiple homes or an apartment complex (buyer to verify) you have a chance to significantly increase your return on investment. Just ensure you conduct thorough due diligence, including feasibility studies, market analysis, and zoning regulations, to maximize the
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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
Syrbu Vyacheslav G
$359,300
Ticor National
Cutting Larry D
--
First American
Cutting Larry D
$152,809
None Available
Cutting Larry
--
None Available
Finch Scott A
$135,000
Chicago Title Insurance Co
Source: Public Records
Mortgage History
Date
Status
Borrower
Loan Amount
Previous Owner
Cutting Larry D
$161,000
Previous Owner
Cutting Larry
$32,414
Previous Owner
Cutting Larry D
$128,421
Previous Owner
Cutting Larry
$128,421
Previous Owner
Finch Scott A
$1,000,000
Previous Owner
Finch Scott A
$108,000
Closed
Finch Scott A
$13,500
Source: Public Records
Property History
Date
Event
Price
Change
Sq Ft Price
03/31/201703/31/17
Sold
$359,300
-5.4%
$250 / Sq Ft
03/22/201703/22/17
Pending
--
--
--
03/17/201703/17/17
For Sale
$379,950
--
$264 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
Source: Public Records
Tax History
Year
Tax Paid
Tax AssessmentTax 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.
This home is located at 614 Index Ave NE, Renton, WA 98056 since 17 March 2017 and is currently estimated at $629,229, approximately $436 per square foot. This property was built in 1943. 614 Index Ave NE is a home located in King County with nearby schools including Highlands Elementary School, McKnight Middle School, and Renton Senior High School.
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