NOT LISTED FOR SALE

Estimated Value: $1,329,000 - $1,423,030

-- Bed
-- Bath
2,484 Sq Ft
$554/Sq Ft Est. Value

Last Sold December 20, 2013

Last sale price $630,000 $254 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $8,551/month

6 Days on Market

Highlights

  • RV Access or Parking
  • Corner Lot
  • Ceramic Tile Flooring
  • Whittier Elementary School Rated A-
  • Thermal Windows
  • High Speed Internet

About This Home

As of December 2013

Prime Ballard 4-Plex upon Wide Avenue of New Homes. $3860/m. now. Exc "no surprises" cash flow, proven work horse all leased up. Super clean inside & out, all double windows, all units good cond, nice rich wood doors/ cabs/ trim, good flooring, good tub surrounds, etc. 3X 1 BR's & 1X 2 BR's, TWO HUGE driveways for cars or ____? UPSIDE: move coin op WD to big garage w/ power then EZ add 2nd BR to 4th Apt (est. @ $7800) for new cash flow & equity. MORE INFO AVAIL. Must see this one!

Last Agent to Sell the Property

Matthew Townsend

Windermere Real Estate Co. License #9599 Listed on: 11/07/2013

Windermere Real Estate Co.

Last Buyer's Agent

Lauren Hendricks

Windermere Real Estate Midtown License #83586

Windermere Real Estate Midtown

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 563651

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,172

Year Built

  • Built in 1910

Lot Details

  • 5,000 Sq Ft Lot
  • Partially Fenced Property
  • Corner Lot
  • Property is in good condition

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,484 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 8 Parking Spaces
  • 1 Covered Space
  • Open Parking
  • RV Access or Parking

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Ballard Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3052700565

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,172

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1910
  • Buyer Agency Compensation: 3.0
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2484
  • Special Features: None
  • Cumulative Days on Market: 277

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Ceramic Tile, Vinyl, Carpet
  • Interior Amenities: Ceramic Tile, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry,See Remarks,Storage,Thermal Windows

Exterior Features

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

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Open Parking Spaces: 7
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 7

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Electric
  • PowerCompany: Seattle
  • SewerCompany: Seattle
  • WaterCompany: Seattle
  • WaterSewerGarbage: 4060

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 3052700565
  • Lot Size Acres: 0.1148
  • Lot Size: 50 x 100 aprox
  • Lot Size Sq Ft: 5000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,Gas Available,High Speed Internet,RV Parking,Shop
  • ZoningClass: Multi-Family

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 3860

Multi Family

  • Gross Scheduled Income: 46320
  • Net Operating Income: 34412
  • Number Of Units Total: 4
  • Electric Expense: 297
  • Insurance Expense: 1179
  • Leasable Area: 2270
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2013
  • Tax Annual Amount: 5172

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2013
Closed on
Dec 12, 2013
Sold by
Wilkins Property Management Llc
Bought by
Brustkern Von F and Brustkern Amy
Seller's Agent
Matthew Townsend
Windermere Real Estate Co.
Buyer's Agent
Lauren Hendricks
Windermere Real Estate Midtown
List Price
$629,950
Sold Price
$630,000
Premium/Discount to List
$50
0.008%
Total Days on Market
6
Current Estimated Value
$1,376,015

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$746,015
Avg. Annual Appreciation
6.84%
Original Mortgage
$472,500
Interest Rate
4.17%

Purchase Details

Closed on
Nov 9, 2012
Sold by
Wilkins Mark Ben and Wilkins Cynthia Ann
Bought by
Wilkins Property Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.36%

Purchase Details

Closed on
Jul 3, 2012
Sold by
Wilkins Property Management Llc
Bought by
Wilkins Mark Ben and Wilkins Cynthia Ann

Purchase Details

Closed on
Jun 29, 2011
Sold by
Hawkinson Kenneth and Hawkinson Rodney
Bought by
Wilkins Property Management Llc

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
4.55%

Purchase Details

Closed on
Sep 27, 2007
Sold by
Hawkinson Kenneth
Bought by
Hawkinson Kenneth and Hawkinson Rodney
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
Brustkern Von F $630,000 Ticor National
Wilkins Property Management Llc -- None Available
Wilkins Mark Ben -- None Available
Wilkins Property Management Llc $425,000 Chicago Title
Hawkinson Kenneth -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brustkern Von F $452,000
Closed Brothers Associates Llc $0
Closed Brustkern Von F $472,500
Previous Owner Wilkins Mark Ben $300,000
Previous Owner Wilkins Property Management Llc $340,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2013 12/20/13 Sold $630,000 0.0% $254 / Sq Ft
11/14/2013 11/14/13 Pending -- -- --
11/07/2013 11/07/13 For Sale $629,950 -- $254 / 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 $9,909 $976,000 $975,000 $1,000
2023 $9,731 $1,059,000 $975,000 $84,000
2022 $10,890 $1,099,000 $975,000 $124,000
2021 $10,927 $1,147,000 $975,000 $172,000
2020 $11,324 $1,097,000 $925,000 $172,000
2018 $9,229 $948,000 $700,000 $248,000
2017 $7,572 $905,000 $600,000 $305,000
2016 $6,912 $762,000 $525,000 $237,000
2015 $5,715 $678,000 $400,000 $278,000
2014 -- $569,000 $350,000 $219,000
2013 -- $569,000 $350,000 $219,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 563651

Northwest Multiple Listing Service (NWMLS)

APN: 305270-0565