Listed by John L. Scott, Inc., Bought with RE/MAX Eastside Brokers, Inc.
$430,000
SOLD SEP 16, 2015
-- Bed
-- Bath
3,536 Sq Ft
7,885 Sq Ft Lot

Recently Sold

$122 Per Sq Ft

16% Below List Price

256 Days on Market

Highlights

  • Secluded Lot
  • High Speed Internet
  • Wall to Wall Carpet
  • Territorial View

About This Home

As of January 2020

Fab 4. Cash flow investment. tile roof, brick façade, full-size laundry hook-up at each unit. Recently done asphalt driveway & total 9 car parking areas. Each unit has large master bedroom, 2nd bedroom & bath. Septic recently upgraded. Near downtown Renton/Boeing/The Landing/I-5/I-405/Georgetown and More. Water/Garbage paid by owner, electric separately metered.

Last Agent to Sell the Property

Allen Uyeno

John L. Scott, Inc. License #109680 Listed on: 01/02/2015

John L. Scott, Inc.

Last Buyer's Agent

Andres Atencio

RE/MAX Eastside Brokers, Inc. License #84669

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 727155

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,398

Year Built

  • Built in 1962

Lot Details

  • 7,885 Sq Ft Lot
  • Street terminates at a dead end
  • Secluded Lot
  • Property is in good condition

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 3,536 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 9 Parking Spaces
  • Open Parking

Utilities

  • Septic Tank
  • Septic System
  • High Speed Internet
  • Cable TV Available

Community Details

  • Skyway Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1323049070

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,398

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1962
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3536
  • Special Features: None
  • Cumulative Days on Market: 826

Interior Features

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

Exterior Features

  • Roof: Tile
  • View: Territorial
  • Lot Features: Dead End Street, Paved, Secluded
  • View: Yes
  • Waterfront: No
  • Exterior Features: Brick
  • Foundation Details: Slab
  • Property Condition: Good
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 9
  • Open Parking: Yes
  • Total Parking Spaces: 9
  • ParkingUncoveredSpaces: 9

Utilities

  • Sewer: Septic Tank
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Septic System, Electric
  • WaterSewerGarbage: 3324

Schools

  • Junior High Dist: Renton

Lot Info

  • Parcel Number: 1323049070
  • Lot Size Acres: 0.181
  • Lot Size: 7885
  • Lot Size Sq Ft: 7885
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,High Speed Internet
  • MLSLotSizeSource: NWMLS
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 11
  • LeasedItems: None
  • TotalMonthlyIncome: 3780

Multi Family

  • Gross Scheduled Income: 45360
  • Net Operating Income: 33470
  • Number Of Units Total: 4
  • Insurance Expense: 900
  • Leasable Area: 3536
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2014
  • Tax Annual Amount: 5398

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2019
Closed on
Jan 15, 2020
Sold by
Tan Andy and Guan Jianmel
Bought by
Baz Malik El
Seller's Agent
Ethan Szmania
The Foundation Group LLC
Buyer's Agent
Miles Lewis
HomeSmart Real Estate Assoc
List Price
$815,000
Sold Price
$835,000
Premium/Discount to List
$20,000
2.45%
Current Estimated Value
$1,154,285

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$319,285
Avg. Annual Appreciation
5.78%
Original Mortgage
$819,876
Outstanding Balance
$724,314
Interest Rate
3.37%
Mortgage Type
FHA
Estimated Equity
$422,283

Purchase Details

Listed on
Jan 2, 2015
Closed on
Oct 27, 2015
Sold by
Gallagher D Kevin and Gallagher Dorothy L
Bought by
Tan Andy and Guan Jianmei
Seller's Agent
Allen Uyeno
John L. Scott, Inc.
Buyer's Agent
Andres Atencio
RE/MAX Eastside Brokers, Inc.
List Price
$509,888
Sold Price
$430,000
Premium/Discount to List
-$79,888
-15.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.52%
Original Mortgage
$376,475
Interest Rate
3.71%

Purchase Details

Closed on
Oct 27, 1989
Sold by
Monster John C and Monster Iola E
Bought by
Dorothy Gallagher D and Dorothy L+Hs
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $835,000 Chicago Title
Warranty Deed $430,000 First American
Warranty Deed $160,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $98,404 Stand Alone Second
Open $819,876 FHA
Previous Owner $383,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $376,475 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2020 01/16/20 Sold $835,000 +2.5% $236 / Sq Ft
12/16/2019 12/16/19 Pending -- -- --
12/09/2019 12/09/19 For Sale $815,000 +89.5% $230 / Sq Ft
09/16/2015 09/16/15 Sold $430,000 -15.7% $122 / Sq Ft
08/17/2015 08/17/15 Pending -- -- --
01/02/2015 01/02/15 For Sale $509,888 -- $144 / 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 $10,255 $875,000 $158,000 $717,000
2023 $12,258 $996,000 $158,000 $838,000
2022 $9,978 $1,128,000 $143,200 $984,800
2021 $9,823 $781,000 $130,600 $650,400
2020 $7,457 $745,000 $130,600 $614,400
2018 $6,917 $554,000 $118,900 $435,100
2017 $6,119 $457,000 $109,000 $348,000
2016 $5,660 $413,000 $99,100 $313,900
2015 -- $360,000 $94,600 $265,400
2014 -- $327,000 $94,600 $232,400
2013 -- $323,000 $94,600 $228,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 727155

Northwest Multiple Listing Service (NWMLS)

APN: 132304-9070