Listed by John L. Scott, Inc., Bought with Pellego, Inc.
$630,000
SOLD JUN 7, 2013
-- Bed
-- Bath
3,580 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$176 Per Sq Ft

3% Below List Price

Highlights

  • Deck
  • Views
  • Partially Fenced Property
  • Viewlands Elementary School Rated A-
  • Ceramic Tile Flooring
  • Wood Siding

About This Home

As of August 2024

Amazing investment opportunity in the heart of Fremont and Seattle. Short walking distance to everything Fremont has to offer. Huge rental demand in this area. Great tenants. Over 6600 sqft lot, zoned LR-3. Each unit has over 1200 SF of living space and one-car garage. Cross income over $4200/month, great cash flow! A lot of updates have been done in the units. Well-maintained. These adorable apartments feature large windows, classic floor plans, and timeless details.

Last Agent to Sell the Property

Alan Arafat

John L. Scott, Inc. License #75164 Listed on: 04/23/2013

John L. Scott, Inc.

Co-Listed By

Abdul Sumbundu

John L. Scott, Inc. License #99787

Last Buyer's Agent

Lucas Roth

Pellego, Inc. License #112132

Pellego, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 476871

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,912

Year Built

  • Built in 1969

Home Design

  • Triplex
  • Flat Roof Shape
  • Brick Exterior Construction
  • Wood Siding

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Parking

  • 6 Parking Spaces
  • 3 Covered Spaces
  • Open Parking

Additional Features

  • 2-Story Property
  • Deck
  • Partially Fenced Property
  • Cable TV Available
  • Property Views

Community Details

  • Greenwood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3126049192

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,912

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1969
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 0
  • Special Features: None

Interior Features

  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate, Vinyl, Carpet
  • Interior Amenities: Ceramic Tile, Wall to Wall Carpet, Laminate Hardwood
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Basement

Exterior Features

  • Roof: Flat
  • View: See Remarks
  • Lot Features: Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Brick, Wood
  • Structure Type: Triplex

Garage/Parking

  • Carport Spaces: 3
  • 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
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • WaterSewerGarbage: 1000

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 3126049192
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 11
  • LeasedItems: None
  • TotalMonthlyIncome: 4150

Multi Family

  • Gross Scheduled Income: 49200
  • Net Operating Income: 47800
  • Number Of Units Total: 3
  • Insurance Expense: 1200
  • Leasable Area: 4240
  • UnitsBelowGrade: true
  • VacancyRate: 5

Tax Info

  • Year: 2012
  • Tax Annual Amount: 4912

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2024
Closed on
Aug 22, 2024
Sold by
Pallanck Koszdin Living Trust and Pallanck Leo J
Bought by
Pekker Nison and Pekker Irena
Seller's Agent
Ben Douglas
Paragon Real Estate Advisors
Buyer's Agent
Andrea Hettinga Kearns
COMPASS
List Price
$1,395,000
Sold Price
$1,300,000
Premium/Discount to List
-$95,000
-6.81%
Views
4
Current Estimated Value
$1,289,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,833
Avg. Annual Appreciation
-0.75%
Original Mortgage
$975,000
Outstanding Balance
$964,009
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$325,158

Purchase Details

Closed on
Feb 13, 2024
Sold by
Koszdin Kari L and Koszdin Leo J
Bought by
Pallanck Koszdin Living Trust and Pallanck

Purchase Details

Listed on
May 18, 2016
Closed on
Jun 21, 2016
Sold by
Christensen Adam R and Christensen Katherine A
Bought by
Koszdin Kari L and Pallanck Leo J
Seller's Agent
Lucas Roth
Pellego, Inc.
Buyer's Agent
Tim Lenihan
Windermere Real Estate Midtown
List Price
$815,000
Sold Price
$915,000
Premium/Discount to List
$100,000
12.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.76%
Original Mortgage
$697,500
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 23, 2013
Closed on
Jun 5, 2013
Sold by
Marouf Ghassan and Marouf Eman Khodor
Bought by
Christensen Adam R and Christensen Katherine A
Seller's Agent
Alan Arafat
John L. Scott, Inc.
Buyer's Agent
Lucas Roth
Pellego, Inc.
List Price
$649,950
Sold Price
$630,000
Premium/Discount to List
-$19,950
-3.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.02%
Original Mortgage
$618,589
Interest Rate
2.37%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 9, 2012
Closed on
May 18, 2012
Sold by
Issa Ahmad
Bought by
Marouf Ghassan
Seller's Agent
Alan Arafat
John L. Scott, Inc.
Buyer's Agent
Alan Arafat
John L. Scott, Inc.
List Price
$650,000
Sold Price
$465,000
Premium/Discount to List
-$185,000
-28.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.68%
Original Mortgage
$372,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 15, 2011
Sold by
Abuel Rub Ghareeb M
Bought by
Issa Ahmad

Purchase Details

Closed on
Aug 21, 2007
Sold by
Alhussein Raeda
Bought by
Abuel Rub Ghareeb M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$637,450
Interest Rate
6.74%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Warranty Deed $1,300,000 Stewart Title
Quit Claim Deed $313 None Listed On Document
Warranty Deed $930,000 First American
Warranty Deed $630,000 Stewart Title
Warranty Deed $465,000 Stewart Title
Warranty Deed $320,000 Rainier Title
Interfamily Deed Transfer -- Commonwealth L
Warranty Deed -- Commonwealth L
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $975,000 New Conventional
Previous Owner $697,500 New Conventional
Previous Owner $618,589 FHA
Previous Owner $372,000 Adjustable Rate Mortgage/ARM
Previous Owner $637,450 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2024 08/23/24 Sold $1,300,000 -1.9% $363 / Sq Ft
07/25/2024 07/25/24 Pending -- -- --
07/23/2024 07/23/24 Price Changed $1,325,000 -5.0% $370 / Sq Ft
05/30/2024 05/30/24 For Sale $1,395,000 +52.5% $390 / Sq Ft
06/23/2016 06/23/16 Sold $915,000 +12.3% $256 / Sq Ft
05/23/2016 05/23/16 Pending -- -- --
05/18/2016 05/18/16 For Sale $815,000 +29.4% $228 / Sq Ft
06/07/2013 06/07/13 Sold $630,000 -3.1% $176 / Sq Ft
05/15/2013 05/15/13 Pending -- -- --
04/23/2013 04/23/13 For Sale $649,950 +39.8% $182 / Sq Ft
05/31/2012 05/31/12 Sold $465,000 -28.5% $130 / Sq Ft
03/30/2012 03/30/12 Pending -- -- --
03/09/2012 03/09/12 For Sale $650,000 -- $182 / 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 $11,674 $1,168,000 $1,061,000 $107,000
2023 $13,142 $1,357,000 $1,356,000 $1,000
2022 $10,501 $1,212,000 $1,211,000 $1,000
2021 $9,278 $1,103,000 $1,102,000 $1,000
2020 $8,388 $920,000 $919,000 $1,000
2018 $7,786 $881,000 $880,000 $1,000
2017 $6,397 $754,000 $536,000 $218,000
2016 $5,952 $635,000 $451,000 $184,000
2015 $5,143 $577,000 $410,000 $167,000
2014 -- $508,000 $367,000 $141,000
2013 -- $462,000 $334,000 $128,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 476871

Northwest Multiple Listing Service (NWMLS)

APN: 312604-9192