Seller's Agent in 2022
Bao Phung
Pellego, Inc.
(206) 240-1912
1 in this area
25 Total Sales
Listed by Pellego, Inc., Bought with COMPASS
7151 Fauntleroy Way SW Seattle, WA 98136
Gatewood NeighborhoodEstimated Value: $1,053,000 - $1,522,000
8
Beds
3
Baths
3,130
Sq Ft
$415/Sq Ft
Est. Value
Highlights
- Corner Lot
- No HOA
- Stone Flooring
- Madison Middle School Rated A-
- Thermal Windows
- 4-minute walk to Solstice Park
About This Home
As of March 2022Fabulous location for this fully remodeled triplex that is within a stone throw of Lincoln Park. Updates include all new electric, plumbing, hot water tanks, lighting, flooring, appliances, kitchens, and baths makes this investment ready for top market rates. There are two parking spots for each unit on the property. Shared laundry space with additional income potential. Turn Key for any investor or great owner occupied property with additional income. Short distance to Lowman Beach, the convenience of shops & restaurants of Morgan Street Junction, plus steps to the Rapid Ride-C Line & Fauntleroy Ferry.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 1876779
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,814
Year Built
- Built in 1955
Lot Details
- 5,680 Sq Ft Lot
- Corner Lot
- Property is in good condition
Home Design
- Triplex
- Brick Exterior Construction
- Slab Foundation
- Composition Roof
- Wood Siding
Interior Spaces
- 3,130 Sq Ft Home
- 2-Story Property
- Thermal Windows
Flooring
- Stone
- Vinyl Plank
Parking
- 6 Parking Spaces
- 2 Covered Spaces
- Open Parking
Schools
- Gatewood Elementary School
- Madison Mid Middle School
- West Seattle High School
Community Details
- No Home Owners Association
- Lincoln Park Subdivision
Listing and Financial Details
- Assessor Parcel Number 9116000045
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 14, 2022
Closed on
Feb 28, 2022
Sold by
Bao Phung
Bought by
Deberry Andrew
Seller's Agent
Bao Phung
Pellego, Inc.
Buyer's Agent
Kevin Lam
COMPASS
List Price
$1,350,000
Sold Price
$1,305,000
Premium/Discount to List
-$45,000
-3.33%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,683
Avg. Annual Appreciation
-0.14%
Original Mortgage
$1,058,616
Outstanding Balance
$986,491
Interest Rate
3.69%
Mortgage Type
VA
Estimated Equity
$311,826
Purchase Details
Closed on
Dec 1, 2021
Sold by
Oudanonh Phung Rosemary and Phung Bao
Bought by
Phung Bao
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$655,000
Interest Rate
3.09%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 24, 2020
Sold by
Ong Rose Fung
Bought by
Phung Kiet
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$656,250
Interest Rate
2.8%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 4, 2000
Sold by
Borsini Eileen C
Bought by
Kenney Property Corp
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Deberry Andrew | $1,305,000 | New Title Company Name | |
| Phung Bao | -- | Jetclosing Inc A Title Co | |
| Phung Kiet | -- | Old Republic Title Co Ltd | |
| Phung Kiet | $675,000 | Old Republic Title Co Ltd | |
| Kenney Property Corp | $317,500 | First American Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Deberry Andrew | $1,058,616 | |
| Previous Owner | Phung Bao | $655,000 | |
| Previous Owner | Phung Kiet | $656,250 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/08/2022 03/08/22 | Sold | $1,305,000 | -3.3% | $417 / Sq Ft |
| 02/04/2022 02/04/22 | Pending | -- | -- | -- |
| 01/26/2022 01/26/22 | For Sale | $1,350,000 | 0.0% | $431 / Sq Ft |
| 01/23/2022 01/23/22 | Pending | -- | -- | -- |
| 01/14/2022 01/14/22 | For Sale | $1,350,000 | -- | $431 / 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 | $12,521 | $1,274,000 | $796,000 | $478,000 |
| 2023 | $12,537 | $1,303,000 | $735,000 | $568,000 |
| 2022 | $9,064 | $1,139,000 | $712,000 | $427,000 |
| 2021 | $9,814 | $952,000 | $656,000 | $296,000 |
| 2020 | $9,645 | $988,000 | $443,000 | $545,000 |
| 2018 | $9,199 | $1,025,000 | $443,000 | $582,000 |
| 2017 | $7,981 | $910,000 | $402,000 | $508,000 |
| 2016 | $7,661 | $814,000 | $383,000 | $431,000 |
| 2015 | $5,975 | $764,000 | $360,000 | $404,000 |
| 2014 | -- | $604,000 | $240,000 | $364,000 |
| 2013 | -- | $519,000 | $209,000 | $310,000 |
Source: Public Records
Agents Affiliated with this Home
-
Bao Phung
-
Kevin Lam
Buyer's Agent in 2022
Kevin Lam
Avenue Properties
(347) 989-5267
2 in this area
105 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 1876779
APN: 911600-0045
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Based on information submitted to the MLS GRID
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