Listed by Windermere RE/Capitol Hill,Inc, Bought with Windermere Real Estate Midtown
NOT LISTED FOR SALE

Estimated Value: $1,189,000 - $1,602,000

6 Beds
3 Baths
2,580 Sq Ft
$555/Sq Ft Est. Value

Last Sold November 16, 2020

Last sale price $1,300,000 $504 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $8,714/month

20 Days on Market

Highlights

  • Deck
  • Secluded Lot
  • Wood Flooring
  • John Hay Elementary School Rated A
  • Territorial View
  • 2-minute walk to Counterbalance Park

About This Home

As of November 2020

Not to be missed profitable duplex located in desirable lower Queen Anne. Top unit has 4 large bedrooms, 2 baths, open kitchen/dining, living room, and office/den. Lower unit has two bedrooms, 1 bath, large kitchen, and ideal living space. Both units have their own separate W/D, 2 off street parking, and new appliances. Each unit lives and feels like their own private home full of light. Footsteps to restaurants, bars, boutiques, and only minutes to downtown. This investment opportunity awaits!

Last Agent to Sell the Property

Michael Harris

Windermere RE/Capitol Hill,Inc License #50287 Listed on: 09/11/2020

Windermere RE/Capitol Hill,Inc

Co-Listed By

Gypsy Haylett

Windermere RE/Capitol Hill,Inc License #137427

Last Buyer's Agent

Judie Sanders

Windermere Real Estate Midtown License #38564

Windermere Real Estate Midtown

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1661775

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,554

Year Built

  • Built in 1909

Lot Details

  • 2,802 Sq Ft Lot
  • Lot Dimensions are 82'x34'
  • Secluded Lot
  • Value in Land
  • Property is in good condition

Home Design

  • Duplex
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 2,580 Sq Ft Home
  • 3-Story Property
  • Territorial Views

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Parking

  • 4 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Schools

  • John Hay Elementary School
  • Mc Clure Mid Middle School
  • Lincoln High School

Community Details

  • Queen Anne Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5457300660

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,554

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1909
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2580
  • EffectiveYearBuiltSource: Public Records
  • Special Features: VirtualTour
  • Cumulative Days on Market: 369

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Ceramic Tile, Hardwood, Wall to Wall Carpet
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Curbs, Secluded, Sidewalk, Value In Land
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood Products
  • Property Condition: Good
  • Structure Type: Duplex
  • ConstructionMethods: Standard Frame

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: Community
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: Seattle City Light
  • SewerCompany: Seattle Public Utilities
  • WaterCompany: Seattle Public Utilities
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Seattle
  • High School: Lincoln High
  • Middle Or Junior School: Mc Clure Mid

Lot Info

  • Parcel Number: 5457300660
  • Lot Size Acres: 0.0643
  • Lot Size: 82'x34'
  • Lot Size Sq Ft: 2802
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Patio
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: City
  • ZoningClass: Residential

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 4821

Multi Family

  • Gross Scheduled Income: 67800
  • Net Operating Income: 53246
  • Number Of Units Total: 6
  • Insurance Expense: 1000
  • Leasable Area: 2580
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: true
  • VacancyRate: 0

Tax Info

  • Year: 2020
  • Tax Annual Amount: 9554

MLS Schools

  • Elementary School: John Hay Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2020
Closed on
Nov 11, 2020
Sold by
Price Jesse Michael
Bought by
Webb Douglas and Benfieid Alexandra
Seller's Agent
Michael Harris
Windermere RE/Capitol Hill,Inc
Buyer's Agent
Judie Sanders
Windermere Real Estate Midtown
List Price
$1,350,000
Sold Price
$1,300,000
Premium/Discount to List
-$50,000
-3.7%
Current Estimated Value
$1,432,560

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,560
Avg. Annual Appreciation
1.30%
Original Mortgage
$949,600
Outstanding Balance
$854,593
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$527,541

Purchase Details

Listed on
Nov 6, 2012
Closed on
Feb 6, 2013
Sold by
Lim Bonita
Bought by
Price Jesse Michael
Seller's Agent
Ben Hoefer
John L. Scott, Inc.
Buyer's Agent
Michael Harris
Windermere RE/Capitol Hill,Inc
List Price
$799,990
Sold Price
$760,000
Premium/Discount to List
-$39,990
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.16%
Original Mortgage
$533,850
Interest Rate
3.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 9, 2006
Sold by
Thompson Nathaniel and Thompson Alison
Bought by
Adams Paul and Adams Kristine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
6.16%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 3, 2000
Sold by
Shapiro Dorothy J
Bought by
Thompson Nathaniel and Thompson Alison

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,000
Interest Rate
8.16%
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
Webb Douglas $1,300,000 Cw Title Inc
Price Jesse Michael $760,000 Stewart Title
Price Jesse Michael $760,000 Stewart Title
Adams Paul $775,000 Fidelity Natio
Thompson Nathaniel $402,500 Pacific Nw Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Webb Douglas $149,997
Open Webb Douglas $949,600
Previous Owner Price Jesse Michael $533,850
Previous Owner Adams Paul $155,000
Previous Owner Adams Paul $542,500
Previous Owner Thompson Nathaniel $400,000
Previous Owner Thompson Nathaniel $322,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2020 11/16/20 Sold $1,300,000 -3.7% $504 / Sq Ft
10/01/2020 10/01/20 Pending -- -- --
09/11/2020 09/11/20 For Sale $1,350,000 +77.6% $523 / Sq Ft
02/15/2013 02/15/13 Sold $760,000 -5.0% $295 / Sq Ft
01/07/2013 01/07/13 Pending -- -- --
11/06/2012 11/06/12 For Sale $799,990 -- $310 / 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 $10,911 $1,136,000 $850,000 $286,000
2023 $10,022 $1,063,000 $850,000 $213,000
2022 $9,484 $1,151,000 $900,000 $251,000
2021 $9,081 $1,034,000 $572,000 $462,000
2020 $9,554 $939,000 $526,000 $413,000
2018 $8,410 $984,000 $562,000 $422,000
2017 $7,522 $851,000 $486,000 $365,000
2016 $6,727 $787,000 $452,000 $335,000
2015 $5,516 $686,000 $170,000 $516,000
2014 -- $572,000 $136,000 $436,000
2013 -- $537,000 $129,000 $408,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1661775

Northwest Multiple Listing Service (NWMLS)

APN: 545730-0660