Listed by Windermere Mercer Island, Bought with COMPASS
NOT LISTED FOR SALE

Estimated Value: $1,385,723

4 Beds
2 Baths
3,090 Sq Ft
$448/Sq Ft Est. Value

Sale Details

Date Sold: June 29, 2016

Last sale price $900,000 $291 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $8,752 / mo

55 Days on Market

Highlights

  • RV Access or Parking
  • Patio
  • High Speed Internet
  • Thermal Windows
  • Ceramic Tile Flooring
  • Partially Fenced Property

About This Home

As of June 2016

An investors dream, this updated duplex with non-conforming 3rd unit is located on a cherry tree lined, dead-end street in Ravenna just minutes from UW, I-5 and the new light-rail station. Two spacious, light filled 2 bedroom units have large windows, comfortable living rooms, kitchens and dining areas. Lower level has coin-op laundry, a 1 bedroom unit and extra storage. Detached 2 car garage, off-street parking, an outdoor patio and great backyard. Just a 5 minute stroll to cafes & restaurants!

Last Agent to Sell the Property

Brooke Davis

Windermere Mercer Island License #26738 Listed on: 03/23/2016

Windermere Mercer Island

Last Buyer's Agent

Kyle Moss

COMPASS License #116307

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 909713

Northwest Multiple Listing Service (NWMLS)
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,955

Year Built

  • Built in 1921

Lot Details

  • 5,120 Sq Ft Lot
  • Lot Dimensions are 40' x 127'
  • Street terminates at a dead end
  • Partially Fenced Property
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 3,090 Sq Ft Home
  • 3-Story Property
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 2 Covered Spaces
  • Open Parking
  • RV Access or Parking

Outdoor Features

  • Patio

Schools

  • Wedgwood Elementary School
  • Eckstein Mid Middle School
  • Roosevelt High School

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Gibbs Add Condos
  • Ravenna Subdivision

Listing and Financial Details

  • Legal Lot and Block 4 / 2
  • Assessor Parcel Number 2754700120

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,955

Year Built

Built in 1921

Lot Details

5,120 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1921
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Gibbs Add
  • New Construction: No
  • Structure Type: Duplex
  • CalculatedSquareFootage: 3090
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Ceramic Tile, Vinyl, Carpet
  • Interior Amenities: Ceramic Tile, Wall to Wall Carpet
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry,Thermal Windows

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Dead End Street, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Metal/Vinyl
  • Foundation Details: Poured Concrete
  • Property Condition: Good

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 5

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

Schools

  • Junior High Dist: Seattle
  • High School: Roosevelt High
  • Middle Or Junior School: Eckstein Mid

Lot Info

  • Parcel Number: 2754700120
  • Lot Size Acres: 0.1175
  • Lot Size: 40' x 127'
  • Lot Size Sq Ft: 5120
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,Gas Available,High Speed Internet,Patio,RV Parking
  • MLSLotSizeSource: Tax Records
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family
  • LotNumber: 4

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 17
  • LeasedItems: None
  • TotalMonthlyIncome: 4665

Tax Info

  • Year: 2015
  • Tax Annual Amount: 5955

Multi Family

  • Number Of Units Total: 3
  • Electric Expense: 1140
  • UnitsBelowGrade: true

MLS Schools

  • Elementary School: Wedgwood

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2016
Closed on
Jun 22, 2016
Sold by
Bought by
Seller's Agent
Brooke Davis
Windermere Mercer Island
Buyer's Agent
Kyle Moss
COMPASS
List Price
$950,000
Sold Price
$900,000
Premium/Discount to List
-$50,000
-5.26%
Current Estimated Value
$1,385,723

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$485,723
Avg. Annual Appreciation
4.37%
Original Mortgage
$810,000
Outstanding Balance
$628,944
Interest Rate
3.58%
Mortgage Type
New Conventional
Estimated Equity
$756,779

Purchase Details

Listed on
Jun 4, 2013
Closed on
Jul 28, 2013
Sold by
Bought by
Seller's Agent
Joe Brannon
People's Real Estate Inc
Buyer's Agent
Brooke Davis
Windermere Mercer Island
List Price
$699,000
Sold Price
$660,000
Premium/Discount to List
-$39,000
-5.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.29%
Original Mortgage
$528,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 1998
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$900,000 Old Republic
$660,000 Old Republic T
$240,000 Chicago Title Insurance
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $810,000
Previous Owner $520,000
Previous Owner $528,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/29/2016 06/29/16 Sold $900,000 -5.3% $291 / Sq Ft
05/18/2016 05/18/16 Pending -- -- --
03/23/2016 03/23/16 For Sale $950,000 +43.9% $307 / Sq Ft
08/06/2013 08/06/13 Sold $660,000 -5.6% $214 / Sq Ft View Prior Sale
07/02/2013 07/02/13 Pending -- -- --
06/04/2013 06/04/13 For Sale $699,000 -- $226 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $13,718 $1,311,000 $711,000 $600,000
2024 $12,258 $1,258,000 $684,000 $574,000
2023 $11,061 $1,141,000 $638,000 $503,000
2022 $10,283 $1,303,000 $709,000 $594,000
2021 $9,481 $1,091,000 $605,000 $486,000
2020 $9,103 $952,000 $500,000 $452,000
2018 $8,038 $867,000 $431,000 $436,000
2017 $7,261 $789,000 $392,000 $397,000
2016 $6,758 $737,000 $366,000 $371,000
2015 $5,955 $670,000 $333,000 $337,000
2014 -- $603,000 $300,000 $303,000
2013 -- $531,000 $222,000 $309,000
Source: Public Records

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 909713

Northwest Multiple Listing Service (NWMLS)

APN: 275470-0120

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