Seller's Agent in 2024
Chris Larsen
Lee & Associates Commercial RE
(925) 719-3480
2 in this area
15 Total Sales
7 W Dravus St Seattle, WA 98119
North Queen Anne NeighborhoodEstimated Value: $1,869,000
3
Beds
1
Bath
5,486
Sq Ft
$341/Sq Ft
Est. Value
Highlights
- Engineered Wood Flooring
- No HOA
- Baseboard Heating
- Coe Elementary School Rated A
- Forced Air Heating System
- High Speed Internet
About This Home
As of June 2024The property features two separate buildings, including a 4-plex with spacious units and a single-family residence, located on the same parcel. Consisting of two 2-bedrooms, two 3-bedrooms, and a 3-bedroom single-family home. The 4-plex boasts an average unit size of nearly 950 SF, while the SFR is 1,710 SF of usable living space. Centrally-located and well-maintained throughout ownership, the property presents the perfect opportunity to embellish upon the attractive vintage of the residence with tasteful updates supporting stronger rents, increasing financial returns of the investment over time, and the complement of more up to date and spacious units that will generate immediate income.
Last Agent to Sell the Property
Lee & Associates Commercial RE License #21016669 Listed on: 11/03/2023
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2177625
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $17,444
Year Built
- Built in 1999
Lot Details
- 4,800 Sq Ft Lot
- Partially Fenced Property
Home Design
- Poured Concrete
- Built-Up Roof
Interior Spaces
- 5,486 Sq Ft Home
- 2-Story Property
Flooring
- Engineered Wood
- Wall to Wall Carpet
- Vinyl Plank
Parking
- 7 Parking Spaces
- Open Parking
Schools
- Mc Clure Mid Middle School
- Lincoln High School
Utilities
- Forced Air Heating System
- Baseboard Heating
- High Speed Internet
Community Details
- No Home Owners Association
- Queen Anne Subdivision
Listing and Financial Details
- Assessor Parcel Number 1972205175
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 3, 2023
Closed on
May 29, 2024
Sold by
Young Family Trust and Davis Linda Young
Bought by
Sylvia Benitez Family Trust and Benitez
Seller's Agent
Chris Larsen
Lee & Associates Commercial RE
Buyer's Agent
Bob Johnson
George W Johnson Realty
List Price
$2,095,000
Sold Price
$1,950,000
Premium/Discount to List
-$145,000
-6.92%
Views
64
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$81,000
Avg. Annual Appreciation
-4.00%
Original Mortgage
$1,000,000
Outstanding Balance
$991,936
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$877,064
Purchase Details
Closed on
Jul 8, 2004
Sold by
Cryan Development Llc
Bought by
Young Glenn G and Young Peggy R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$535,000
Interest Rate
6.27%
Purchase Details
Closed on
Oct 9, 1997
Sold by
Zulkosky Gary J and Zulkosky Catherine J
Bought by
Cryan Development Ltd Liability Company
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
7.54%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sylvia Benitez Family Trust | $1,950,000 | Fidelity National Title | |
| Young Glenn G | $810,715 | Transnation Ti | |
| Cryan Development Ltd Liability Company | $185,000 | Evergreen Title Company Inc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sylvia Benitez Family Trust | $1,000,000 | |
| Previous Owner | Young Glenn G | $535,000 | |
| Previous Owner | Cryan Development Ltd Liability Company | $148,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/18/2024 06/18/24 | Sold | $1,950,000 | +5.4% | $355 / Sq Ft |
| 02/26/2024 02/26/24 | Pending | -- | -- | -- |
| 02/07/2024 02/07/24 | Price Changed | $1,850,000 | -11.7% | $337 / Sq Ft |
| 11/03/2023 11/03/23 | For Sale | $2,095,000 | -- | $382 / Sq Ft |
Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
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 | $18,986 | $1,950,000 | $1,032,000 | $918,000 |
| 2023 | $18,551 | $1,941,000 | $1,032,000 | $909,000 |
| 2022 | $18,344 | $2,035,000 | $768,000 | $1,267,000 |
| 2021 | $21,782 | $1,979,000 | $768,000 | $1,211,000 |
| 2020 | $21,239 | $2,252,000 | $768,000 | $1,484,000 |
| 2018 | $18,694 | $1,911,000 | $696,000 | $1,215,000 |
| 2017 | $15,492 | $1,886,000 | $624,000 | $1,262,000 |
| 2016 | $12,266 | $1,610,000 | $480,000 | $1,130,000 |
| 2015 | $10,621 | $1,256,000 | $480,000 | $776,000 |
| 2014 | -- | $1,111,000 | $432,000 | $679,000 |
| 2013 | -- | $1,057,000 | $408,000 | $649,000 |
Source: Public Records
Agents Affiliated with this Home
-
Chris Larsen
-
Dea Sumantri
Seller Co-Listing Agent in 2024
Dea Sumantri
Lee & Associates Commercial RE
(206) 624-2424
3 in this area
22 Total Sales
-
Bob Johnson
Buyer's Agent in 2024
Bob Johnson
George W Johnson Realty
(206) 226-5900
1 in this area
24 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2177625
APN: 197220-5175
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Based on information submitted to the MLS GRID
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