Listed by KW Mountains to Sound Realty, Bought with COMPASS
NOT LISTED FOR SALE

Estimated Value: $1,713,000 - $1,899,000

3 Beds
3 Baths
2,800 Sq Ft
$636/Sq Ft Est. Value

Last Sold May 31, 2022

Last sale price $1,799,950 $643 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $10,567/month

21 Days on Market

Highlights

  • Rooftop Deck
  • City View
  • No HOA
  • John Hay Elementary School Rated A
  • Engineered Wood Flooring
  • 2-minute walk to Counterbalance Park

About This Home

As of May 2022

This terrific triplex in Queen Anne offers mesmerizing views of the iconic Space Needle and Seattle skyline. Watch fireworks from four balconies, walk to the opera, ballet, hockey game, enjoy the local venues or plug into the hot tech job market. Cash flow is easy and steady with high demand units. Upper unit has 3 bed/ 2 bath including kitchen w/ granite counters, maple cabinets, and SS appliances, plus a dining area w/ an inspiring view. Entertain in the sun-filled top floor living space w/ wet bar. Primary bedroom w/ en suite bath & walk-in closet. Add'l two units include a 2 bed/1 bath & a 1 bed/1 bath. Alley access w/ onsite parking. Opportunity awaits: add this rare Queen Anne triplex to your investment or vacation rental portfolio.

Last Agent to Sell the Property

Brian Manaois

KW Mountains to Sound Realty License #1944 Listed on: 04/07/2022

KW Mountains to Sound Realty

Last Buyer's Agent

Wing Wu

COMPASS License #27885

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1906502

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,016

Year Built

  • Built in 1924

Lot Details

  • 2,802 Sq Ft Lot
  • Property is in very good condition

Property Views

  • City
  • Territorial

Home Design

  • Triplex
  • Block Foundation
  • Slab Foundation
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,800 Sq Ft Home
  • 4-Story Property

Flooring

  • Engineered Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Parking

  • 5 Parking Spaces
  • Open Parking

Outdoor Features

  • Rooftop Deck

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Queen Anne Condos
  • Queen Anne Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5457300655

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,016

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1924
  • Buyer Agency Compensation: ***2.5***
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Queen Anne
  • New Construction: No
  • CalculatedSquareFootage: 2800
  • SOCComments: Show & Sell
  • Special Features: None
  • Cumulative Days on Market: 370

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Ceramic Tile, Engineered Hardwood, Carpet
  • Interior Amenities: Ceramic Tile, Wall to Wall Carpet
  • Stories: 4
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: City, See Remarks, Territorial
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Block, Poured Concrete, Slab
  • Property Condition: Very Good
  • Structure Type: Triplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 5
  • Open Parking: Yes
  • Total Parking Spaces: 5
  • ParkingUncoveredSpaces: 5

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Electric
  • PowerCompany: City Light
  • SewerCompany: City of Seattle
  • WaterCompany: City of Seattle
  • CableConnected: Comcast
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Parcel Number: 5457300655
  • Lot Size Acres: 0.0643
  • Lot Size Sq Ft: 2802
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Gas Available,High Speed Internet,Rooftop Deck
  • MLSLotSizeSource: Appraisal/owners
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 19.48
  • LeasedItems: None
  • TotalMonthlyIncome: 7700

Multi Family

  • Gross Scheduled Income: 92400
  • Net Operating Income: 78970
  • Number Of Units Total: 3
  • Electric Expense: 1185
  • Insurance Expense: 1494
  • Leasable Area: 2800
  • EnergySource: Electric
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: true
  • VacancyRate: 0

Tax Info

  • Year: 2022
  • Tax Annual Amount: 10016

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2022
Closed on
May 25, 2022
Sold by
Beth Billingsley and Beth Heidi
Bought by
Yang Lie and Yang Winnie Gee
Seller's Agent
Brian Manaois
KW Mountains to Sound Realty
Buyer's Agent
Wing Wu
COMPASS
List Price
$1,799,950
Sold Price
$1,799,950
Current Estimated Value
$1,781,541

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,409
Avg. Annual Appreciation
-1.99%
Original Mortgage
$1,079,970
Outstanding Balance
$1,030,961
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$656,053

Purchase Details

Closed on
Aug 18, 2020
Sold by
Opm Properties Llc
Bought by
Billingsley Christopher and Billingsley Heidi Beth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$726,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 2019
Sold by
Adams Paul R and Adams Kristine R
Bought by
Opm Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$721,000
Interest Rate
3.6%

Purchase Details

Closed on
Jun 20, 2007
Sold by
Dejarnatt John and Dejarnatt Jane
Bought by
Adams Paul R and Adams Kristine R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
7.87%

Purchase Details

Closed on
Jan 23, 2007
Sold by
Galleon Seattle Llc
Bought by
Northstar Development Associates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,540,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 19, 1975
Sold by
Gasparovich A W and Gasparovich June B
Bought by
Dejarnatt John F and Dejarnatt Jane
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
Yang Lie $1,799,950 None Listed On Document
Billingsley Christopher -- Servicelink
Opm Properties Llc -- Cw Title
Adams Paul R $820,000 Chicago Title
Northstar Development Associates Llc $3,591,000 Old Republic T
Dejarnatt John F -- Safeco Title Insurance Compa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yang Lie $1,079,970
Previous Owner Billingsley Christopher $726,000
Previous Owner Opm Properties Llc $721,000
Previous Owner Adams Paul R $250,000
Previous Owner Adams Paul R $184,441
Previous Owner Adams Paul R $513,000
Previous Owner Billingsley Chris $521,250
Previous Owner Adams Paul R $650,000
Previous Owner Northstar Development Associates Llc $4,540,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2022 05/31/22 Sold $1,799,950 0.0% $643 / Sq Ft
04/28/2022 04/28/22 Pending -- -- --
04/07/2022 04/07/22 For Sale $1,799,950 -- $643 / 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 $13,340 $1,393,000 $850,000 $543,000
2023 $12,294 $1,304,000 $850,000 $454,000
2022 $10,474 $1,411,000 $900,000 $511,000
2021 $10,016 $1,137,000 $572,000 $565,000
2020 $11,040 $1,032,000 $526,000 $506,000
2018 $9,718 $1,136,000 $562,000 $574,000
2017 $8,697 $982,000 $486,000 $496,000
2016 $8,015 $908,000 $452,000 $456,000
2015 $6,527 $816,000 $170,000 $646,000
2014 -- $681,000 $136,000 $545,000
2013 -- $596,000 $129,000 $467,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1906502

Northwest Multiple Listing Service (NWMLS)

APN: 545730-0655