Seller's Agent in 2025
Greg Stock
Keller Williams Rty Tacoma
(253) 830-6000
1 in this area
164 Total Sales
Listed by Keller Williams Rty Tacoma, Bought with Specialty Real Estate Group
7070 E Marginal Way S Seattle, WA 98108
Georgetown Neighborhood
--
Bed
--
Bath
7,890
Sq Ft
10,443
Sq Ft Lot
Highlights
- 0.24 Acre Lot
- Corner Lot
- Partially Fenced Property
- Maple Elementary School Rated A-
- No HOA
- Wood Siding
About This Home
As of August 2025Convert this motel into a 16 unit apartment complex! Estimated renovation cost at $1,300,000 for an estimated $3,000,000 finished value. Tons of sweat equity to be had as an investment. All numbers provided on rents/financials are an estimate proforma based on a newly renovated complex. There is currently no income on the building. Unit sizes would range from 346 sq ft to 433 sq feet. 4 units in the basement, 6 units on main floor, and 6 units upstairs. Tons of parking available on site. Tax Assessed Value at $1,945,500! Est. value of $3.1M after renovations into a multi-family dwelling are complete.
Last Agent to Sell the Property
Keller Williams Rty Tacoma License #114407 Listed on: 04/23/2025
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2362738
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1919
Lot Details
- 10,443 Sq Ft Lot
- Partially Fenced Property
- Corner Lot
Home Design
- Fixer Upper
- Poured Concrete
- Bitumen Roof
- Wood Siding
Interior Spaces
- 7,890 Sq Ft Home
- 2-Story Property
Parking
- 22 Parking Spaces
- Open Parking
Utilities
- Heating System Mounted To A Wall or Window
Community Details
- No Home Owners Association
- Georgetown Subdivision
Listing and Financial Details
- Assessor Parcel Number 3468800455
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 23, 2025
Closed on
Jul 15, 2025
Sold by
Seed 153 Llc
Bought by
Westlife Investment Llc
Seller's Agent
Greg Stock
Keller Williams Rty Tacoma
Buyer's Agent
tracy zelenka
Specialty Real Estate Group
List Price
$1,200,000
Sold Price
$1,050,000
Premium/Discount to List
-$150,000
-12.5%
Views
11
Purchase Details
Closed on
Oct 16, 2017
Sold by
Bk Choi Inc
Bought by
Seed 153 Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,421,000
Interest Rate
3.82%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 5, 2015
Sold by
Sh & Mh Inc
Bought by
Bk Choi Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$860,000
Interest Rate
3.98%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 29, 2010
Sold by
Lee Suk Je and Lee Mi Ju
Bought by
Sh & Mh Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$843,000
Interest Rate
4.65%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 2, 2007
Sold by
Sae Chung Corp
Bought by
Lee Suk Je and Lee Mi Ju
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Interest Rate
6.12%
Mortgage Type
Commercial
Purchase Details
Closed on
May 14, 1996
Sold by
Chao Tung and Chao Shu Chen
Bought by
Lee Hae C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,000
Interest Rate
8.07%
Mortgage Type
Commercial
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,050,000 | Cw Title | |
| Warranty Deed | $1,730,000 | Chicago Title | |
| Warranty Deed | $1,042,000 | Chicago Title | |
| Warranty Deed | $800,000 | First American | |
| Warranty Deed | $710,000 | None Available | |
| Warranty Deed | $400,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,421,000 | Commercial | |
| Previous Owner | $860,000 | Commercial | |
| Previous Owner | $843,000 | Commercial | |
| Previous Owner | $680,000 | Commercial | |
| Previous Owner | $365,000 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/26/2025 08/26/25 | Sold | $1,050,000 | -12.5% | $133 / Sq Ft |
| 05/26/2025 05/26/25 | Pending | -- | -- | -- |
| 05/06/2025 05/06/25 | For Sale | $1,200,000 | 0.0% | $152 / Sq Ft |
| 04/24/2025 04/24/25 | Pending | -- | -- | -- |
| 04/23/2025 04/23/25 | For Sale | $1,200,000 | -- | $152 / 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 | $20,164 | $1,945,500 | $939,800 | $1,005,700 |
| 2023 | $22,780 | $2,283,300 | $939,800 | $1,343,500 |
| 2022 | $16,055 | $1,856,900 | $939,800 | $917,100 |
| 2021 | $17,081 | $1,606,100 | $939,800 | $666,300 |
| 2020 | $16,316 | $1,646,700 | $939,800 | $706,900 |
| 2018 | $12,100 | $1,516,100 | $396,800 | $1,119,300 |
| 2017 | $10,936 | $1,116,800 | $396,800 | $720,000 |
| 2016 | $10,390 | $1,042,400 | $365,500 | $676,900 |
| 2015 | $8,875 | $970,300 | $365,500 | $604,800 |
| 2014 | -- | $842,200 | $355,000 | $487,200 |
| 2013 | -- | $796,200 | $334,100 | $462,100 |
Source: Public Records
Agents Affiliated with this Home
-
Greg Stock
-
tracy zelenka
Buyer's Agent in 2025
tracy zelenka
Specialty Real Estate Group
(206) 303-9963
1 in this area
27 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2362738
APN: 346880-0455
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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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