Listed by Every Door Real Estate, Bought with COMPASS
NOT LISTED FOR SALE

Estimated Value: $646,000 - $726,000

5 Beds
2 Baths
1,820 Sq Ft
$374/Sq Ft Est. Value

Last Sold May 30, 2024

Last sale price $685,000 $376 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $4,177/month

2 Days on Market

Highlights

  • RV Access or Parking
  • Forced Air Heating and Cooling System
  • Wall to Wall Carpet
  • No HOA
  • Partially Fenced Property
  • 1-Story Property

About This Home

As of May 2024

Great Investment opportunity in Renton Highlands area. This duplex is the perfect house hack! 1unit is 2BD/1BTH unit 2 is 3bed 1 bath. This well maintained duplex is a perfect addition to any portfolio. Perfect lot for possibly subdividing to build new units, ADUS, garages and more!. Don't miss out on this fantastic opportunity to make your dreams a reality! Buyer to verify all information. Please call for any questions you may have.

Last Agent to Sell the Property

Indy Basra

Every Door Real Estate License #20110953 Listed on: 04/30/2024

Every Door Real Estate

Co-Listed By

Every Door Real Estate

Every Door Real Estate License #26691

Last Buyer's Agent

Tyler Hopp

COMPASS License #22010405

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2230436

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,491

Year Built

  • Built in 1943

Lot Details

  • 0.25 Acre Lot
  • Partially Fenced Property

Parking

  • RV Access or Parking

Home Design

  • Duplex
  • Brick Exterior Construction
  • Shake Roof

Interior Spaces

  • 1,820 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Highlands Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7227800650

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,491

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: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1820
  • Special Features: VirtualTour
  • Cumulative Days on Market: 353

Interior Features

  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Cedar Shake
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Brick
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Open Parking: No
  • Parking Features: RV Parking
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Cooling: Forced Air, None
  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Parcel Number: 7227800650
  • Lot Size Acres: 0.25
  • Lot Size Sq Ft: 10890
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially,RV Parking
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: realist

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • GrossRentMultiplier: 15.45
  • LeasedItems: None
  • TotalMonthlyIncome: 3425

Multi Family

  • Gross Scheduled Income: 41100
  • Net Operating Income: 33924
  • Number Of Units Total: 2
  • Insurance Expense: 1685
  • Leasable Area: 1820
  • EnergySource: Natural Gas
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2024
  • Tax Annual Amount: 5491

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2024
Closed on
May 30, 2024
Sold by
Dimension Townhouses Llc
Bought by
Thakur Family Trust and Thakur
Seller's Agent
Indy Basra
Every Door Real Estate
Buyer's Agent
Tyler Hopp
COMPASS
List Price
$635,000
Sold Price
$685,000
Premium/Discount to List
$50,000
7.87%
Views
13
Current Estimated Value
$679,991

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,009
Avg. Annual Appreciation
0.09%
Original Mortgage
$513,750
Outstanding Balance
$509,072
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$176,651

Purchase Details

Closed on
Jun 7, 2016
Sold by
Mathews Deborah B and Mathews Steven L
Bought by
Dimension Townhouses Llc 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
$222,322
Interest Rate
3.66%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 27, 2016
Sold by
Eastside Funding Llc
Bought by
Dimension Townhouses Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,322
Interest Rate
3.66%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 8, 2005
Sold by
Mathews Property Development Llc
Bought by
Mathews Steven L and Mathews Deborah B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,950
Interest Rate
5.22%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 27, 2004
Sold by
Mathews Steven L
Bought by
Mathews Property Development Llc

Purchase Details

Closed on
Sep 15, 2004
Sold by
Gary William
Bought by
Mathews Steven L and Mathews Deborah B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,100
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 15, 2002
Sold by
Moore Betty J
Bought by
Gary William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,141
Interest Rate
5.89%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 2, 2002
Sold by
Whitman Rev M L and Whitman Maggie Lee
Bought by
Moore Fondia and Moore Betty

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
12.15%
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
Thakur Family Trust $685,000 Stewart Title
Dimension Townhouses Llc $217,600 None Available
Dimension Townhouses Llc -- None Available
Mathews Steven L -- --
Mathews Property Development Llc -- --
Mathews Steven L $207,670 Chicago Title
Gary William $185,000 Stewart Title
Moore Fondia $175,000 Lawyers Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thakur Family Trust $513,750
Previous Owner Dimension Townhouses Llc $186,282
Previous Owner Dimension Townhouses Llc $222,322
Previous Owner Mathews Steven L $49,950
Previous Owner Mathews Steven L $166,000
Previous Owner Mathews Steven L $166,100
Previous Owner Gary William $182,141
Previous Owner Moore Fondia $140,000
Closed Mathews Steven L $41,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2024 05/30/24 Sold $685,000 +7.9% $376 / Sq Ft
05/02/2024 05/02/24 Pending -- -- --
04/30/2024 04/30/24 For Sale $635,000 -- $349 / 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 $5,661 $550,000 $338,000 $212,000
2023 $5,491 $490,000 $297,000 $193,000
2022 $5,249 $567,000 $343,000 $224,000
2021 $4,648 $468,000 $238,000 $230,000
2020 $4,621 $395,000 $204,000 $191,000
2018 $4,403 $382,000 $199,000 $183,000
2017 $3,952 $334,000 $181,000 $153,000
2016 $2,762 $293,000 $159,000 $134,000
2015 $2,400 $208,000 $163,000 $45,000
2014 -- $189,000 $153,000 $36,000
2013 -- $163,000 $126,000 $37,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2230436

Northwest Multiple Listing Service (NWMLS)

APN: 722780-0650