NOT LISTED FOR SALE

Estimated Value: $783,000 - $924,176

4 Beds
4 Baths
2,930 Sq Ft
$297/Sq Ft Est. Value

Last Sold February 10, 2023

Last sale price $830,000 $283 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $5,545/month

42 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Partially Fenced Property
  • Corner Lot
  • Patio
  • 2-minute walk to Burnett Linear Park

About This Home

As of February 2023

Investment opportunity fourplex with (2) two-bedroom, one-bathroom units and (2) one bedroom one bathroom in downtown Renton. Large corner lot with storage shed. Moments from downtown Renton, Boeing, The Landing Shopping Center, SeaTac Airport, and Coulon Beach. Several long-standing tenants. SOLD AS IS. NO SIGN.

Last Agent to Sell the Property

Jason Tate

Coldwell Banker Bain License #77632 Listed on: 12/01/2022

Coldwell Banker Bain

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2020322

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,633

Year Built

  • Built in 1900

Lot Details

  • 8,250 Sq Ft Lot
  • Partially Fenced Property
  • Corner Lot

Home Design

  • Quadruplex
  • Fixer Upper
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 2,930 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate

Parking

  • 7 Parking Spaces
  • Open Parking

Outdoor Features

  • Patio
  • Outbuilding

Utilities

  • Cable TV Available

Community Details

  • No Home Owners Association
  • Downtown Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7839300130

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,633

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1900
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2930
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 362

Interior Features

  • Fireplace: No
  • Flooring: Hardwood, Laminate, Carpet
  • Interior Amenities: Hardwood, Laminate, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Fixer
  • Structure Type: Quadruplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Security: FullyFenced
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: City
  • WaterCompany: City
  • CableConnected: Comcast
  • InternetConnected: Comcast
  • WaterSewerGarbage: 5631

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: 7839300130
  • Lot Size Acres: 0.1894
  • Lot Size Sq Ft: 8250
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,Outbuildings,Patio
  • MLSLotSizeSource: Public records
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 18.84
  • LeasedItems: None
  • TotalMonthlyIncome: 4670

Multi Family

  • Gross Scheduled Income: 46428
  • Net Operating Income: 12076
  • Number Of Units Total: 4
  • Insurance Expense: 1325
  • Leasable Area: 2930
  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2021
  • Tax Annual Amount: 8633

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2022
Closed on
Feb 8, 2023
Sold by
Kunovsky Alan
Bought by
Westcoast Rei Properties Llc
Seller's Agent
Jason Tate
Coldwell Banker Bain
List Price
$874,950
Sold Price
$830,000
Premium/Discount to List
-$44,950
-5.14%
Views
101
Current Estimated Value
$871,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,392
Avg. Annual Appreciation
-0.05%
Original Mortgage
$695,000
Outstanding Balance
$327,834
Interest Rate
5.14%
Mortgage Type
Seller Take Back
Estimated Equity
$501,074

Purchase Details

Closed on
Nov 27, 2006
Sold by
White Steven M and Benson Robert W
Bought by
Kunovsky Alan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
6.75%

Purchase Details

Closed on
Jan 24, 1994
Sold by
Drews Laurence A
Bought by
White Steven M and White Robert W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,950
Interest Rate
7.16%
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
Westcoast Rei Properties Llc $830,000 Rainier Title
Kunovsky Alan $425,000 Transnation Title
White Steven M $128,500 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Westcoast Rei Properties Llc $695,000
Previous Owner Kunovsky Alan $340,000
Previous Owner White Steven M $89,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2023 02/10/23 Sold $830,000 -5.1% $283 / Sq Ft
01/12/2023 01/12/23 Pending -- -- --
12/01/2022 12/01/22 For Sale $874,950 -- $299 / 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 $8,629 $792,000 $317,600 $474,400
2023 $9,744 $862,000 $317,600 $544,400
2022 $8,984 $832,000 $303,100 $528,900
2021 $8,633 $746,000 $288,700 $457,300
2020 $7,213 $685,000 $272,200 $412,800
2018 $6,070 $498,000 $231,000 $267,000
2017 $6,109 $415,000 $231,000 $184,000
2016 $4,983 $415,000 $210,300 $204,700
2015 -- $376,000 $189,700 $186,300
2014 -- $353,000 $189,700 $163,300
2013 -- $310,000 $181,500 $128,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2020322

Northwest Multiple Listing Service (NWMLS)

APN: 783930-0130