NOT LISTED FOR SALE

Estimated Value: $799,000 - $978,000

4 Beds
3 Baths
3,550 Sq Ft
$252/Sq Ft Est. Value

Last Sold July 30, 2020

Last sale price $739,000 $208 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $5,749/month

34 Days on Market

Highlights

  • Engineered Wood Flooring
  • Wood Siding
  • 3-minute walk to Oxbow Park
  • Maple Elementary School Rated A-

About This Home

As of July 2020

Fantastic triplex investment opportunity in hip Georgetown with recent modern updates! New exterior siding with fresh interior & exterior paint, Port Package & newer floors, tile backsplash & counter tops. Two updated cozy one bedroom units currently vacant and an upper level 2 bedroom unit leased for $1,400 a month. Lots of storage available & off street parking. Conveniently located with easy access to I-5, Downtown & mere blocks from the vibrant Georgetown Community.

Last Listed By

Ken Arkills

The Agency Seattle License #14269 Listed on: 05/19/2020

The Agency Seattle

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1598007

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,913

Year Built

  • Built in 1900 | Remodeled

Lot Details

  • 2,468

Home Design

  • Triplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 3,550 Sq Ft Home
  • 2-Story Property
  • Engineered Wood Flooring

Parking

  • 2 Parking Spaces
  • Open Parking

Additional Features

  • 2,468 Sq Ft Lot
  • Natural Gas Connected

Community Details

  • #3030884 Condos
  • Georgetown Subdivision

Listing and Financial Details

  • Tax Lot E
  • Assessor Parcel Number 2734100660

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,913

Year Built

Built in 1900 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1900
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: #3030884
  • New Construction: No
  • CalculatedSquareFootage: 3550
  • Special Features: None
  • Cumulative Days on Market: 307

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Engineered Hardwood
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Cement/Concrete, See Remarks, Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Remodeled
  • Structure Type: Triplex

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
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Natural Gas Connected
  • WaterSewerGarbage: 0

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 2734100660
  • Lot Size Acres: 0.0567
  • Lot Size Sq Ft: 2468
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: KCR
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family
  • LotNumber: E

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 1400

Tax Info

  • Year: 2019
  • Tax Annual Amount: 4913

Multi Family

  • Number Of Units Total: 3
  • Leasable Area: 2350
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2020
Closed on
Jul 13, 2020
Sold by
Perpetuity Llc
Bought by
Stanwood Michael and Stanwood Karstine
Seller's Agent
Ken Arkills
The Agency Seattle
List Price
$739,000
Sold Price
$739,000
Total Days on Market
34
Current Estimated Value
$895,895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,895
Avg. Annual Appreciation
7.92%
Original Mortgage
$100,000
Outstanding Balance
$90,873
Interest Rate
3%
Mortgage Type
Stand Alone Second
Estimated Equity
$978,475

Purchase Details

Closed on
Jul 24, 2017
Sold by
Schmidt Terry
Bought by
Perpetuity Llc

Purchase Details

Closed on
Jan 27, 2005
Sold by
Estate Of Mario J Marketto
Bought by
Schmidt Terry
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
Stanwood Michael $739,000 First American
Perpetuity Llc $450,000 First American Title Ins Co
Schmidt Terry -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stanwood Michael R $100,000
Closed Campbell Joseph $30,000
Open Stanwood Michael $591,200
Previous Owner Perpetinity Llc $560,000
Previous Owner Perpetuity Llc $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2020 07/30/20 Sold $739,000 0.0% $208 / Sq Ft
06/22/2020 06/22/20 Pending -- -- --
05/19/2020 05/19/20 For Sale $739,000 -- $208 / 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 $8,636 $888,000 $392,000 $496,000
2023 $7,561 $839,000 $346,000 $493,000
2022 $6,275 $881,000 $315,000 $566,000
2021 $5,957 $667,000 $135,000 $532,000
2020 $5,763 $601,000 $120,000 $481,000
2018 $5,250 $547,500 $123,500 $424,000
2017 $4,512 $512,000 $167,000 $345,000
2016 $4,488 $453,000 $157,000 $296,000
2015 $4,060 $442,000 $217,000 $225,000
2014 -- $409,000 $194,000 $215,000
2013 -- $325,000 $194,000 $131,000
Source: Public Records

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1598007

Northwest Multiple Listing Service (NWMLS)

APN: 273410-0660