Seller's Agent in 2024
Andrew Schein
Real Property Associates
(206) 790-2312
4 in this area
136 Total Sales
Listed by Real Property Associates, Bought with COMPASS
7027 22nd Ave NW Seattle, WA 98117
Loyal Heights NeighborhoodEstimated Value: $805,000 - $1,197,102
4
Beds
2
Baths
3,030
Sq Ft
$318/Sq Ft
Est. Value
Highlights
- Deck
- Softwood Flooring
- Thermal Windows
- Loyal Heights Elementary School Rated A-
- No HOA
- 3-minute walk to Salmon Bay Park
About This Home
As of January 2024Investor alert! This legal Ballard duplex sits on a quiet street & provides numerous investment opportunities, whether you are looking to live in one of the units or rent both units out. Units can be rented as is or update both units to maximize your rental income. Main floor unit boasts two bedrooms, a full bathroom, laundry, a large living room, dining area & kitchen with an open concept layout. Upstairs unit consists of two bedrooms, full bath, living space, kitchen with eating area, laundry & deck. Basement has a separate entrance. Large backyard can be used by one or both units. Walk to Loyal Heights playfield, Larson’s Bakery & Sunset Hill. Close to public transportation. Two off street parking spots with one of the spots covered.
Last Agent to Sell the Property
Real Property Associates License #111589 Listed on: 09/26/2023
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2165940
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,629
Year Built
- Built in 1905
Lot Details
- 5,100 Sq Ft Lot
- Partially Fenced Property
- Property is in good condition
Home Design
- Duplex
- Poured Concrete
- Composition Roof
- Wood Siding
Interior Spaces
- 3,030 Sq Ft Home
- 2-Story Property
- Thermal Windows
Flooring
- Softwood
- Laminate
Parking
- 2 Parking Spaces
- Open Parking
Outdoor Features
- Deck
Schools
- Loyal Heights Elementary School
- Whitman Mid Middle School
- Ballard High School
Utilities
- Forced Air Heating and Cooling System
- Baseboard Heating
Community Details
- No Home Owners Association
- Loyal Heights Subdivision
Listing and Financial Details
- Assessor Parcel Number 7518506705
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 26, 2023
Closed on
Jan 10, 2024
Sold by
Victor Sharon S
Bought by
Krimmel Martin
Seller's Agent
Andrew Schein
Real Property Associates
Buyer's Agent
Martin Krimmel
COMPASS
List Price
$949,950
Sold Price
$853,500
Premium/Discount to List
-$96,450
-10.15%
Views
68
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
$108,526
Avg. Annual Appreciation
6.52%
Original Mortgage
$810,825
Outstanding Balance
$800,868
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$142,829
Purchase Details
Closed on
Apr 7, 1994
Sold by
Victor Sharon S and Smith Joann H
Bought by
Victor Sharon S
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Krimmel Martin | $853,500 | First American Title Insurance | |
| Victor Sharon S | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Krimmel Martin | $810,825 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/12/2024 01/12/24 | Sold | $853,500 | -10.2% | $282 / Sq Ft |
| 11/21/2023 11/21/23 | Pending | -- | -- | -- |
| 09/26/2023 09/26/23 | For Sale | $949,950 | -- | $314 / 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 | $9,629 | $972,000 | $666,000 | $306,000 |
| 2023 | $9,587 | $1,028,000 | $595,000 | $433,000 |
| 2022 | $9,842 | $1,096,000 | $546,000 | $550,000 |
| 2021 | $8,755 | $1,041,000 | $506,000 | $535,000 |
| 2020 | $8,808 | $874,000 | $431,000 | $443,000 |
| 2018 | $8,057 | $893,000 | $457,000 | $436,000 |
| 2017 | $5,938 | $791,000 | $405,000 | $386,000 |
| 2016 | $5,496 | $594,000 | $276,000 | $318,000 |
| 2015 | $4,778 | $537,000 | $250,000 | $287,000 |
| 2014 | -- | $476,000 | $222,000 | $254,000 |
| 2013 | -- | $439,000 | $205,000 | $234,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2024
Martin Krimmel
COMPASS
3 in this area
16 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2165940
APN: 751850-6705
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID
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