Listed by Windermere Real Estate Co., Bought with Globenex Realty
NOT LISTED FOR SALE

Estimated Value: $1,582,427 - $1,792,000

Studio
-- Bath
3,812 Sq Ft
$437/Sq Ft Est. Value

Last Sold January 27, 2016

Last sale price $1,075,000 $282 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $9,594/month

67 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Patio
  • Stevens Elementary School Rated A-
  • Thermal Windows
  • Wood Siding

About This Home

As of January 2016

Located in one of the most desirable areas of the City, this 4 unit property is near all that is Capital Hill. Fabulous investment opportunity now & w/interior upgrades the rents could soar! Quiet corner lot & lovingly maintained by the same owner for 40+ years. Units have private entrances & own electric meters; owner pays WSG. Detached garage rented separately. Coin operated washer & dryer in common area. Main water line replaced. Financials: 2015 taxes, rents are current & expenses are 2014.

Last Agent to Sell the Property

Dan Wallace

Windermere Real Estate Co. License #10146 Listed on: 11/06/2015

Windermere Real Estate Co.

Last Buyer's Agent

Jessica Chin

Globenex Realty License #107578

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 865626

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,142

Year Built

  • Built in 1904

Lot Details

  • 4,053 Sq Ft Lot
  • Corner Lot
  • Property is in good condition

Home Design

  • Quadruplex
  • Block Foundation
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,812 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Parking

  • 1 Parking Space
  • 1 Covered Space

Additional Features

  • Patio
  • Cable TV Available

Community Details

  • Capitol Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1337300015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,142

Year Built

Built in 1904

Lot Details

4,053 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1904
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3812
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Hardwood, Vinyl, Carpet
  • Interior Amenities: Forced Air, Hardwood, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Basement,Coin Op Laundry,Thermal Windows

Exterior Features

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

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Open Parking: No
  • Total Parking Spaces: 1

Utilities

  • Sewer: Sewer Connected
  • Utilities: Cable Connected, Natural Gas Available, Sewer Connected, Electric, Natural Gas Connected

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 1337300015
  • Lot Size Acres: 0.093
  • Lot Size Sq Ft: 4053
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Gas Available,Patio
  • MLSLotSizeSource: King County Records
  • ZoningClass: Multi-Family

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 19
  • LeasedItems: None
  • TotalMonthlyIncome: 4923

Tax Info

  • Year: 2015
  • Tax Annual Amount: 7142

Multi Family

  • Number Of Units Total: 4
  • Electric Expense: 178
  • UnitsBelowGrade: true

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 23, 2020
Sold by
Chin Michael
Bought by
626 Malden Llc
Current Estimated Value
$1,665,476

Purchase Details

Closed on
Jul 6, 2016
Sold by
626 Malden Llc
Bought by
Chin Michael

Purchase Details

Listed on
Nov 6, 2015
Closed on
Jan 25, 2016
Sold by
Praczukowski Anne C and Praczukowski Edward L
Bought by
626 Malden Llc
Seller's Agent
Dan Wallace
Windermere Real Estate Co.
Buyer's Agent
Jessica Chin
Globenex Realty
List Price
$1,150,000
Sold Price
$1,075,000
Premium/Discount to List
-$75,000
-6.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.45%

Purchase Details

Closed on
Feb 1, 1994
Sold by
Praczukowski Edward L
Bought by
Praczukowski Edward L and Praczukowski Anne C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
626 Malden Llc -- Chicago Title Insurance Co
Chin Michael -- First American
626 Malden Llc $1,075,000 Fidelity Natio
Praczukowski Edward L -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/27/2016 01/27/16 Sold $1,075,000 -6.5% $282 / Sq Ft
01/13/2016 01/13/16 Pending -- -- --
11/06/2015 11/06/15 For Sale $1,150,000 -- $302 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

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 $12,163 $1,240,000 $1,215,900 $24,100
2023 $13,892 $1,478,000 $1,215,900 $262,100
2022 $14,519 $1,630,000 $952,400 $677,600
2021 $16,755 $1,574,000 $952,400 $621,600
2020 $16,287 $1,737,000 $1,094,300 $642,700
2018 $11,886 $1,423,000 $689,000 $734,000
2017 $10,444 $1,194,000 $607,900 $586,100
2016 $8,476 $1,083,000 $445,800 $637,200
2015 $7,142 $862,000 $405,300 $456,700
2014 -- $741,000 $405,300 $335,700
2013 -- $745,000 $405,300 $339,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 865626

Northwest Multiple Listing Service (NWMLS)

APN: 133730-0015

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