Listed by Lake & Company, Bought with John L. Scott, Inc.
NOT LISTED FOR SALE

Estimated Value: $1,673,000 - $1,733,358

4 Beds
4 Baths
4,033 Sq Ft
$420/Sq Ft Est. Value

Last Sold July 11, 2013

Last sale price $720,000 $179 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $10,079/month

1 Day on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Property is in very good condition
  • B.F. Day Elementary School Rated A-

About This Home

As of July 2013

Historic and charming brick four-plex in Fremont. Hardwood floors, dining space, coved ceilings all maintained with care. Long term owners have left great upside rent potential. Zoned LR3.

Last Agent to Sell the Property

Jason Wall

Lake & Company License #49830 Listed on: 06/12/2013

Lake & Company

Last Buyer's Agent

Elizabeth Benson

John L. Scott, Inc. License #81799

John L. Scott, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 500884

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,001

Year Built

  • Built in 1930

Lot Details

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

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof

Interior Spaces

  • 4,033 Sq Ft Home
  • 2-Story Property
  • Wood Flooring

Parking

  • 6 Parking Spaces
  • 3 Covered Spaces
  • Open Parking

Schools

  • Seattle Public Sch Elementary And Middle School
  • Seattle Public Sch High School

Community Details

  • Fremont Subdivision

Listing and Financial Details

  • Assessor Parcel Number 9521100895

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,001

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1930
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 4033
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: Hardwood
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Basement,Coin Op Laundry

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot
  • View: No
  • Waterfront: No
  • Exterior Features: Brick
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Open Parking Spaces: 3
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 3

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: City Light
  • SewerCompany: Seattle
  • WaterCompany: Seattle
  • WaterSewerGarbage: 4680

Schools

  • Junior High Dist: Seattle
  • High School: Seattle Public Sch
  • Middle Or Junior School: Seattle Public Sch

Lot Info

  • Parcel Number: 9521100895
  • Lot Size Acres: 0.1148
  • Lot Size Sq Ft: 5000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 17
  • LeasedItems: Washer/Dryer,Water Tank
  • TotalMonthlyIncome: 3325

Multi Family

  • Gross Scheduled Income: 39900
  • Net Operating Income: 20608
  • Number Of Units Total: 4
  • Insurance Expense: 1779
  • Leasable Area: 3120
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2012
  • Tax Annual Amount: 7001

MLS Schools

  • Elementary School: Seattle Public Sch

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2013
Closed on
Jul 4, 2013
Sold by
Ffremont Four Plex Llc
Bought by
Anderson Bill and Anderson Suzanne
Seller's Agent
Jason Wall
Lake & Company
Buyer's Agent
Elizabeth Benson
John L. Scott, Inc.
List Price
$700,000
Sold Price
$720,000
Premium/Discount to List
$20,000
2.86%
Current Estimated Value
$1,695,840

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$975,840
Avg. Annual Appreciation
7.24%

Purchase Details

Closed on
Mar 16, 2012
Sold by
Ryan Meg Anderson
Bought by
Ryan Dennis M

Purchase Details

Closed on
Mar 15, 2012
Sold by
Crossman John H and Crossman Elsie G
Bought by
Fremont Four Plex Llc

Purchase Details

Closed on
Oct 6, 1984
Sold by
Farrar Charles and Farrar Sue Ann
Bought by
Ryan Beatrice and Ryan Dennis

Purchase Details

Closed on
Jun 17, 1980
Sold by
Clapp Leonard O and Clapp Fontabelle L
Bought by
Ryan Dennis M and Ryan Beatrice F
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 Buyer Sale Price Title Company
Anderson Bill $720,000 First American
Ryan Dennis M -- None Available
Fremont Four Plex Llc -- None Available
Ryan Beatrice $8,734 --
Crossman John $30,300 --
Ryan Dennis M -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/11/2013 07/11/13 Sold $720,000 +2.9% $179 / Sq Ft
06/14/2013 06/14/13 Pending -- -- --
06/12/2013 06/12/13 For Sale $700,000 -- $174 / 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 $13,053 $1,318,000 $1,175,000 $143,000
2023 $11,801 $1,227,000 $1,150,000 $77,000
2022 $11,729 $1,354,000 $1,150,000 $204,000
2021 $12,445 $1,242,000 $1,150,000 $92,000
2020 $11,731 $1,260,000 $1,100,000 $160,000
2018 $10,635 $1,237,000 $800,000 $437,000
2017 $9,372 $1,052,000 $700,000 $352,000
2016 $8,637 $956,600 $650,000 $306,600
2015 $6,878 $872,000 $550,000 $322,000
2014 -- $706,000 $475,000 $231,000
2013 -- $716,000 $425,000 $291,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 500884

Northwest Multiple Listing Service (NWMLS)

APN: 952110-0895