Listed by Windermere Real Estate/M2, LLC, Bought with COMPASS
NOT LISTED FOR SALE

Estimated Value: $1,102,000 - $1,447,492

5 Beds
3 Baths
2,611 Sq Ft
$497/Sq Ft Est. Value

Last Sold March 31, 2021

Last sale price $1,200,000 $460 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $7,831/month

5 Days on Market

Highlights

  • Lake View
  • Deck
  • High Speed Internet
  • Daniel Bagley Elementary School Rated A-
  • Patio
  • 4-minute walk to Linden Orchard Park

About This Home

As of March 2021

Well maintained Green Lake Triplex. Located a couple blocks from the lake & just below Phinney Ridge. This investment property is in an ideal location with quick access to i5 & hwy 99. $6495 in monthly rents + tenants pay utilities. Recent updates: new roof & gutters 2020, exterior paint 2019. Professionally managed. Top floor: 2 bed/1 bath with deck & view. Main floor: 2 bed/1 bath. Lower level: 1 bed/1 bath. Long term tenants. Plenty of off street parking. Easy access to shops, restaurants & downtown. Seller procured inspection available upon request.

Last Agent to Sell the Property

Casey Price

Windermere Real Estate/M2, LLC License #96386 Listed on: 03/04/2021

Windermere Real Estate/M2, LLC

Co-Listed By

Tyler Gardner

Windermere Real Estate/M2, LLC License #113697

Last Buyer's Agent

Peng Tea

COMPASS License #22024881

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1737963

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,562

Year Built

  • Built in 1920

Lot Details

  • 3,555 Sq Ft Lot
  • Partially Fenced Property
  • Property is in good condition

Property Views

  • Lake
  • Limited

Home Design

  • Triplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 2,611 Sq Ft Home
  • 3-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Green Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3362401565

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,562

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1920
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2611
  • Special Features: None
  • Cumulative Days on Market: 360

Interior Features

  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Lake, Partial
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Triplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • PowerCompany: Seattle City Light
  • SewerCompany: City of Seattle
  • WaterCompany: City of Seattle
  • WaterSewerGarbage: 4149

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Seattle
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 3362401565
  • Lot Size Acres: 0.0816
  • Lot Size Sq Ft: 3555
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,High Speed Internet,Patio
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 6739

Multi Family

  • Gross Scheduled Income: 80868
  • Net Operating Income: 65161
  • Number Of Units Total: 3
  • Insurance Expense: 1570
  • Leasable Area: 2611
  • EnergySource: Electric
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: true
  • VacancyRate: 3

Tax Info

  • Year: 2019
  • Tax Annual Amount: 7562

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2021
Closed on
Mar 17, 2021
Sold by
Bang Suryawati
Bought by
Bang Bally
Seller's Agent
Casey Price
Windermere Real Estate/M2, LLC
Buyer's Agent
Peng Tea
COMPASS
List Price
$1,150,000
Sold Price
$1,200,000
Premium/Discount to List
$50,000
4.35%
Current Estimated Value
$1,298,873

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,873
Avg. Annual Appreciation
2.15%
Original Mortgage
$900,000
Outstanding Balance
$817,146
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$501,088

Purchase Details

Listed on
Dec 16, 2015
Closed on
Jan 12, 2016
Sold by
Gantan Rodney and Gantan Claire
Bought by
Price Casey
Seller's Agent
Brian Rosso
Windermere Mercer Island
Buyer's Agent
Casey Price
Windermere Real Estate/M2, LLC
List Price
$850,000
Sold Price
$867,000
Premium/Discount to List
$17,000
2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.45%
Original Mortgage
$645,300
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2007
Sold by
Waage Sverre and Waage Vanja M
Bought by
Gantan Rodney and Gantan Claire

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$519,000
Interest Rate
8%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 27, 1992
Sold by
University Savings Bank
Bought by
Waage Sverre and Waage Vanja M
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
Bang Bally -- Cw Title
Bang Bally $1,200,000 Cw Title
Price Casey $867,000 Wfg National T
Gantan Rodney $649,000 Pacific Nw Tit
Waage Sverre $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bang Bally $900,000
Previous Owner Price Casey $645,300
Previous Owner Gantan Rodney $519,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2021 03/31/21 Sold $1,200,000 +4.3% $460 / Sq Ft
03/09/2021 03/09/21 Pending -- -- --
03/04/2021 03/04/21 For Sale $1,150,000 +32.6% $440 / Sq Ft
01/20/2016 01/20/16 Sold $867,000 +2.0% $350 / Sq Ft
12/19/2015 12/19/15 Pending -- -- --
12/16/2015 12/16/15 For Sale $850,000 -- $343 / 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 $9,036 $927,000 $871,000 $56,000
2023 $8,881 $929,000 $859,000 $70,000
2022 $7,933 $1,005,000 $767,000 $238,000
2021 $7,570 $851,000 $670,000 $181,000
2020 $7,785 $771,000 $559,000 $212,000
2018 $7,746 $872,000 $279,000 $593,000
2017 $6,679 $777,000 $248,000 $529,000
2016 $6,316 $691,000 $223,000 $468,000
2015 $5,608 $638,000 $207,000 $431,000
2014 -- $579,000 $188,000 $391,000
2013 -- $509,000 $166,000 $343,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1737963

Northwest Multiple Listing Service (NWMLS)

APN: 336240-1565