Listed by Coldwell Banker Danforth, Bought with John L. Scott, Inc
NOT LISTED FOR SALE

Estimated Value: $548,000 - $588,000

2 Beds
1 Bath
1,440 Sq Ft
$394/Sq Ft Est. Value

Last Sold December 07, 2017

Last sale price $349,000 $242 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $3,490/month

6 Days on Market

About This Home

As of December 2017

Wonderful investment opportunity. Duplex in great location. Close to Lake Washington and good schools. Off street parking and nice partially fenced yard. Alley access. Convenient commute to Seattle or Renton.

Last Agent to Sell the Property

Joan Robinson

Coldwell Banker Danforth License #24415 Listed on: 09/14/2017

Coldwell Banker Danforth

Last Buyer's Agent

Amanda Mannila

John L. Scott, Inc License #118146

John L. Scott, Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1192401

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,540

Year Built

  • Built in 1945

Lot Details

  • 4,800 Sq Ft Lot
  • Property is in good condition

Parking

  • Open Parking

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,440 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Utilities

  • Natural Gas Connected

Community Details

  • Latimers Lake Park Add Condos
  • Renton Subdivision

Listing and Financial Details

  • Legal Lot and Block 3 / 1
  • Assessor Parcel Number 4202400010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,540

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1945
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Latimers Lake Park ADD
  • New Construction: No
  • CalculatedSquareFootage: 1440
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 370

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Forced Air, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 3
  • Open Parking: Yes
  • ParkingUncoveredSpaces: 3

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Utilities: Sewer Connected, Natural Gas Connected
  • WaterSewerGarbage: 1560

Schools

  • Junior High Dist: Renton

Lot Info

  • Parcel Number: 4202400010
  • Lot Size Acres: 0.1102
  • Lot Size Sq Ft: 4800
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Public Records
  • ZoningClass: Multi-Family
  • LotNumber: 3

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 17
  • LeasedItems: None
  • TotalMonthlyIncome: 1700

Multi Family

  • Gross Scheduled Income: 20400
  • Net Operating Income: 15717
  • Number Of Units Total: 2
  • Insurance Expense: 583
  • Leasable Area: 1440
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2017
  • Tax Annual Amount: 2540

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 20, 2020
Sold by
Mannila Michael
Bought by
Mannila Amanda
Current Estimated Value
$566,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$334,000
Outstanding Balance
$295,883
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$270,965

Purchase Details

Listed on
Sep 14, 2017
Closed on
Nov 20, 2017
Sold by
Hertzog Elwood W and Hertzog Cynthia R
Bought by
Mannila Amanda and Mannila Michael
Seller's Agent
Joan Robinson
Coldwell Banker Danforth
Buyer's Agent
Amanda Mannila
John L. Scott, Inc
List Price
$349,000
Sold Price
$349,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.48%
Original Mortgage
$342,678
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 11, 2000
Sold by
Jorgensen Erik H and Jorgensen Annabelle M
Bought by
Hertzog Elwood W and Hertzog Cynthia R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,850
Interest Rate
8.16%

Purchase Details

Closed on
Mar 28, 1994
Sold by
Homchick Jennifer Joy
Bought by
Homchick Jeffrey Curtis

Purchase Details

Closed on
Dec 9, 1993
Sold by
Jorgensen Harold A and Jorgensen Mary O
Bought by
Jorgensen Harold A and Jorgensen Mary O
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
Mannila Amanda -- First American Title Ins Co
Mannila Amanda $349,000 Old Republic Title Ltd
Hertzog Elwood W $137,658 Pacific Northwest Title Co
Homchick Jeffrey Curtis -- Chicago Title Insurance Co
Jorgensen Harold A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mannila Amanda $334,000
Closed Mannila Amanda $342,678
Previous Owner Hertzog Elwood W $98,058
Previous Owner Hertzog Elwood W $123,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2017 12/07/17 Sold $349,000 0.0% $242 / Sq Ft
09/22/2017 09/22/17 Pending -- -- --
09/15/2017 09/15/17 For Sale $349,000 -- $242 / 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 $4,895 $475,000 $258,000 $217,000
2023 $4,326 $399,000 $172,000 $227,000
2022 $4,157 $430,000 $182,000 $248,000
2021 $3,844 $368,000 $150,000 $218,000
2020 $3,827 $325,000 $133,000 $192,000
2018 $2,890 $309,000 $133,000 $176,000
2017 $2,540 $215,000 $91,000 $124,000
2016 $2,260 $185,000 $78,000 $107,000
2015 $1,958 $170,000 $72,000 $98,000
2014 -- $154,000 $64,000 $90,000
2013 -- $128,000 $59,000 $69,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1192401

Northwest Multiple Listing Service (NWMLS)

APN: 420240-0010