NOT LISTED FOR SALE

Estimated Value: $594,914 - $667,000

4 Beds
2 Baths
1,440 Sq Ft
$437/Sq Ft Est. Value

Last Sold March 31, 2017

Last sale price $359,300 $250 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $3,975/month

4 Days on Market

Highlights

  • Deck
  • Partially Fenced Property
  • 1-Story Property
  • High Speed Internet
  • Wall to Wall Carpet

About This Home

As of March 2017

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 Eastside License #17516 Listed on: 03/17/2017

PRO RLTYSRVCS Eastside

Last Buyer's Agent

Larry Cutting

PRO RLTYSRVCS Eastside License #17516 Listed on: 03/17/2017

PRO RLTYSRVCS Eastside

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1077702

Northwest Multiple Listing Service (NWMLS)

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

Date Name Owned For Owner Type

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

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

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

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

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.
Original Mortgage
$108,000
Interest Rate
4.35%
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 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
03/31/2017 03/31/17 Sold $359,300 -5.4% $250 / Sq Ft
03/22/2017 03/22/17 Pending -- -- --
03/17/2017 03/17/17 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 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 $5,517 $537,000 $316,000 $221,000
2023 $5,343 $479,000 $278,000 $201,000
2022 $4,806 $554,000 $321,000 $233,000
2021 $4,254 $429,000 $229,000 $200,000
2020 $4,227 $362,000 $196,000 $166,000
2018 $4,029 $350,000 $192,000 $158,000
2017 $3,592 $306,000 $175,000 $131,000
2016 $2,511 $268,000 $154,000 $114,000
2015 $2,186 $189,000 $155,000 $34,000
2014 -- $172,000 $146,000 $26,000
2013 -- $148,000 $120,000 $28,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1077702

Northwest Multiple Listing Service (NWMLS)

APN: 722780-0720