Listed by Lions Realty Group, Bought with Lions Realty Group
NOT LISTED FOR SALE

Estimated Value: $1,516,867 - $2,460,000

-- Bed
-- Bath
2,578 Sq Ft
$747/Sq Ft Est. Value

Last Sold August 10, 2012

Last sale price $550,000 $213 Per Sq Ft

Est. 250% increase in value since last sale

Current estimated payment $11,181/month

1 Day on Market

Highlights

  • Wood Siding
  • Peter Kirk Elementary School Rated A
  • 1-Story Property

About This Home

As of August 2012

Nice Mid-Century 4 Plex, Sweat Equity Opportunity.

Last Agent to Sell the Property

Michelle Lions

Lions Realty Group License #13884 Listed on: 05/18/2012

Last Buyer's Agent

Robert Carroll

Lions Realty Group License #2644

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 358953

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,527

Year Built

  • Built in 1960

Lot Details

  • 8,250 Sq Ft Lot

Home Design

  • Quadruplex
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,578 Sq Ft Home
  • 1-Story Property

Parking

  • 5 Parking Spaces
  • Open Parking

Community Details

  • Downtown Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3885807720

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,527

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1960
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 2578
  • SOCComments: see remarks
  • Special Features: 12

Interior Features

  • Fireplace: No
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 5
  • Open Parking: Yes
  • Total Parking Spaces: 5
  • ParkingUncoveredSpaces: 5

Utilities

  • Sewer: Sewer Connected
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 1500

Schools

  • Junior High Dist: Lake Washington

Lot Info

  • Parcel Number: 3885807720
  • Lot Size Acres: 0.1894
  • Lot Size Sq Ft: 8250
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 20
  • LeasedItems: None
  • TotalMonthlyIncome: 3620

Multi Family

  • Gross Scheduled Income: 40200
  • Net Operating Income: 24873
  • Number Of Units Total: 4
  • Electric Expense: 180
  • Insurance Expense: 1920
  • Leasable Area: 2230
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 10

Tax Info

  • Year: 2012
  • Tax Annual Amount: 7527

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 6, 2021
Sold by
Caspi Properties Llc
Bought by
Caspi 4Plex Llc
Current Estimated Value
$1,924,622

Purchase Details

Listed on
May 18, 2012
Closed on
Sep 14, 2012
Sold by
Lotzkar Gordon
Bought by
Caspi Properties Llc
Seller's Agent
Michelle Lions
Lions Realty Group
Buyer's Agent
Robert Carroll
Lions Realty Group
List Price
$550,000
Sold Price
$550,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.99%
Original Mortgage
$412,500
Outstanding Balance
$285,088
Interest Rate
3.62%
Estimated Equity
$1,639,534

Purchase Details

Listed on
May 18, 2012
Closed on
Aug 8, 2012
Sold by
Milot David A
Bought by
Lotzkar Gordon
Seller's Agent
Michelle Lions
Lions Realty Group
Buyer's Agent
Robert Carroll
Lions Realty Group
List Price
$550,000
Sold Price
$550,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Outstanding Balance
$285,088
Interest Rate
3.62%
Estimated Equity
$1,639,534

Purchase Details

Listed on
May 18, 2012
Closed on
Jul 25, 2012
Sold by
Lotzkar Michal
Bought by
Lotzkar Gordon
Seller's Agent
Michelle Lions
Lions Realty Group
Buyer's Agent
Robert Carroll
Lions Realty Group
List Price
$550,000
Sold Price
$550,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Outstanding Balance
$285,088
Interest Rate
3.62%
Estimated Equity
$1,639,534

Purchase Details

Closed on
Mar 14, 2007
Sold by
Besharat Ferial F and Blackstone Sara P
Bought by
Young Graham

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$744,000
Interest Rate
6.29%

Purchase Details

Closed on
May 24, 2004
Sold by
Eliasen Mark and Eliasen Deborah J
Bought by
Besharat Ferial F and Blackstone Sara P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,500
Interest Rate
5%

Purchase Details

Closed on
Dec 13, 1999
Sold by
Maltese Jeffrey Allen and Maltese Lori L
Bought by
Zeiler Randall L and Zeiler Gaerda N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
8.25%

Purchase Details

Closed on
Nov 20, 1997
Sold by
Maltese Jeff
Bought by
Maltese Jeffrey Allen and Maltese Lori L

Purchase Details

Closed on
Sep 29, 1987
Sold by
Maltese Jack and Maltese Gloria
Bought by
Maltese Jeff
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
Caspi 4Plex Llc -- None Available
Caspi Properties Llc -- None Available
Lotzkar Gordon $550,000 Nextitle
Lotzkar Gordon -- Nextitle
Young Graham $875,000 First American
Besharat Ferial F $650,000 Transnation Ti
Zeiler Randall L $400,000 Chicago Title
Maltese Jeffrey Allen -- Commonwealth Land Title Ins
Maltese Jeff -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lotzkar Gordon $412,500
Previous Owner Young Graham $744,000
Previous Owner Besharat Ferial F $487,500
Previous Owner Zeiler Randall L $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/10/2012 08/10/12 Sold $550,000 0.0% $213 / Sq Ft
05/19/2012 05/19/12 Pending -- -- --
05/18/2012 05/18/12 For Sale $550,000 -- $213 / 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 $11,246 $1,321,000 $1,320,000 $1,000
2023 $10,099 $1,321,000 $1,320,000 $1,000
2022 $10,451 $1,273,000 $701,200 $571,800
2021 $11,442 $1,125,000 $618,700 $506,300
2020 $10,275 $1,141,000 $618,700 $522,300
2018 $9,347 $998,000 $618,700 $379,300
2017 $7,232 $882,000 $577,500 $304,500
2016 $7,159 $700,000 $495,000 $205,000
2015 $7,058 $685,000 $453,700 $231,300
2014 -- $652,000 $453,700 $198,300
2013 -- $633,000 $453,700 $179,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 358953

Northwest Multiple Listing Service (NWMLS)

APN: 388580-7720