Listed by RSVP Brokers ERA, Bought with The Agency Seattle
NOT LISTED FOR SALE

Estimated Value: $896,000 - $1,519,000

5 Beds
2 Baths
2,990 Sq Ft
$390/Sq Ft Est. Value

Last Sold December 04, 2023

Last sale price $1,395,000 $467 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $7,725/month

4 Days on Market

Highlights

  • Territorial View
  • Softwood Flooring
  • Patio
  • Madison Middle School Rated A-
  • No HOA
  • 4-minute walk to Solstice Park

About This Home

As of December 2023

Turnkey, renovated Craftsman duplex in coveted Lincoln Park location w/large, spacious, light-filled rooms and vaulted ceilings. Great opportunity for investor or owner occupant to purchase an income property with the beach and Lincoln Park in your front yard. Close to restaurants, bars and other neighborhood hotspots. This is a turn-key asset that has been freshly renovated with high-end, designer finishes and has a historically low vacancy rate. Both units have w/d’s. Great opportunity to live in one and rent or Airbnb the other. A new owner will enjoy consistent tenant demand for this property in an A+ West Seattle location. A 4/2 home and separately metered and spacious 1/1 home. Easy commute to downtown via transit, car or water taxi.

Last Agent to Sell the Property

Joey McCune

RSVP Brokers ERA License #51989 Listed on: 11/10/2023

RSVP Brokers ERA

Co-Listed By

Amy Numrich

RSVP Brokers ERA License #123949

Last Buyer's Agent

Blake Waggoner

The Agency Seattle License #20114002

The Agency Seattle

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2170280

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,843

Year Built

  • Built in 1916 | Remodeled

Lot Details

  • 3,474 Sq Ft Lot
  • Property is Fully Fenced

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,990 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Softwood
  • Wall to Wall Carpet
  • Ceramic Tile

Parking

  • 3 Parking Spaces
  • Open Parking

Outdoor Features

  • Patio
  • Outbuilding

Schools

  • Gatewood Elementary School
  • Madison Mid Middle School
  • West Seattle High School

Utilities

  • Ductless Heating Or Cooling System
  • Radiant Heating System
  • Heating System Mounted To A Wall or Window
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Lincoln Home Add Condos
  • Fauntleroy Subdivision

Listing and Financial Details

  • Legal Lot and Block 5-6 / 1
  • Assessor Parcel Number 4322200040

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,843

Year Built

Built in 1916 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1916
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Lincoln Home Add
  • New Construction: No
  • CalculatedSquareFootage: 2990
  • SOCComments: Thank you!!
  • Special Features: None
  • Cumulative Days on Market: 346

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Ceramic Tile, Softwood, Hardwood, Carpet
  • Interior Amenities: Ceramic Tile, Fir/Softwood, Hardwood, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: See Remarks

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Remodeled
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 3
  • Open Parking: Yes
  • Total Parking Spaces: 3
  • ParkingUncoveredSpaces: 3

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Cooling: Ductless HP-Mini Split
  • Cooling Y N: Yes
  • Heating: Ductless HP-Mini Split, Radiant, Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: Seattle City Light
  • SewerCompany: SPU
  • WaterCompany: SPU
  • CableConnected: Xfinity
  • InternetConnected: Xfinity
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Seattle
  • High School: West Seattle High
  • Middle Or Junior School: Madison Mid

Lot Info

  • Parcel Number: 4322200040
  • Lot Size Acres: 0.0798
  • Lot Size Sq Ft: 3474
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully,High Speed Internet,Outbuildings,Patio
  • MLSLotSizeSource: Title
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family
  • LotNumber: 5-6

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 6500

Tax Info

  • Year: 2023
  • Tax Annual Amount: 7843.29

Multi Family

  • Number Of Units Total: 2
  • Leasable Area: 2990
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

MLS Schools

  • Elementary School: Gatewood

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2023
Closed on
Dec 1, 2023
Sold by
Mccune Joey and Mccune Mitchell
Bought by
Enriquez Thais and Brown Tyler
Seller's Agent
Joey McCune
RSVP Brokers ERA
Buyer's Agent
Blake Waggoner
The Agency Seattle
List Price
$1,300,000
Sold Price
$1,395,000
Premium/Discount to List
$95,000
7.31%
Current Estimated Value
$1,255,870

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$139,130
Avg. Annual Appreciation
-10.18%
Original Mortgage
$1,046,250
Outstanding Balance
$1,030,171
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$134,681

Purchase Details

Listed on
Mar 19, 2021
Closed on
Sep 5, 2021
Sold by
Moore Mitch and Mccune Joey Leigh
Bought by
Mccune Joey
Seller's Agent
Vijya Patel
Madison Avenue Realty
Buyer's Agent
Joey McCune
RSVP Brokers ERA
List Price
$825,000
Sold Price
$760,000
Premium/Discount to List
-$65,000
-7.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.30%
Original Mortgage
$734,635
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 19, 2021
Closed on
Sep 2, 2021
Sold by
Cameron Sarah and Cameron Chad
Bought by
Mccune Joey
Seller's Agent
Vijya Patel
Madison Avenue Realty
Buyer's Agent
Joey McCune
RSVP Brokers ERA
List Price
$825,000
Sold Price
$760,000
Premium/Discount to List
-$65,000
-7.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$734,635
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 20, 2016
Closed on
Jun 23, 2016
Sold by
Youngs Linda M
Bought by
Cameron Sara and Cameron Chad
Seller's Agent
Gini Johnson
Windermere West Metro
Buyer's Agent
sara ball
Kelly Right RE of Seattle LLC
List Price
$650,000
Sold Price
$599,000
Premium/Discount to List
-$51,000
-7.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.68%
Original Mortgage
$449,250
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 14, 2006
Sold by
Arcio Robin A Mcvey
Bought by
Youngs Linda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
5.62%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 27, 2004
Sold by
Arcio Eric
Bought by
Mcvey Arcio Robin A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,200
Interest Rate
1.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 23, 2004
Sold by
Merz Lisa J and Merz Donald R
Bought by
Arcio Robin A Mcvey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,200
Interest Rate
1.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 24, 2003
Sold by
Ridge Patricia R
Bought by
Merz Donald R and Merz Lisa J
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Enriquez Thais $1,395,000 Fidelity National Title
Mccune Joey -- Fidelity National Title
Mccune Joey $760,000 Fidelity National Title
Cameron Sara $599,000 Chicago Title
Youngs Linda M $490,000 The Talon Grou
Mcvey Arcio Robin A -- --
Arcio Robin A Mcvey $389,000 --
Merz Donald R $285,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Enriquez Thais $1,046,250
Previous Owner Mccune Joey $734,635
Previous Owner Cameron Sara $449,250
Previous Owner Youngs Linda M $325,000
Previous Owner Arcio Robin A Mcvey $311,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2023 12/04/23 Sold $1,395,000 +7.3% $467 / Sq Ft
11/14/2023 11/14/23 Pending -- -- --
11/10/2023 11/10/23 For Sale $1,300,000 +71.1% $435 / Sq Ft
09/10/2021 09/10/21 Sold $760,000 0.0% $254 / Sq Ft
08/03/2021 08/03/21 Pending -- -- --
07/16/2021 07/16/21 Price Changed $760,000 -4.4% $254 / Sq Ft
06/21/2021 06/21/21 Price Changed $795,000 -3.6% $266 / Sq Ft
06/01/2021 06/01/21 For Sale $825,000 +8.6% $276 / Sq Ft
05/21/2021 05/21/21 Off Market $760,000 -- --
03/22/2021 03/22/21 For Sale $825,000 +8.6% $276 / Sq Ft
03/20/2021 03/20/21 Off Market $760,000 -- --
03/19/2021 03/19/21 For Sale $825,000 +37.7% $276 / Sq Ft
06/29/2016 06/29/16 Sold $599,000 -7.8% $200 / Sq Ft
05/10/2016 05/10/16 Pending -- -- --
01/20/2016 01/20/16 For Sale $650,000 -- $217 / 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 $10,175 $1,056,000 $559,000 $497,000
2023 $8,247 $851,000 $517,000 $334,000
2022 $7,150 $903,000 $501,000 $402,000
2021 $7,548 $755,000 $462,000 $293,000
2020 $7,418 $761,000 $312,000 $449,000
2018 $6,728 $749,000 $312,000 $437,000
2017 $5,834 $665,000 $283,000 $382,000
2016 $5,602 $595,000 $270,000 $325,000
2015 $4,639 $559,000 $254,000 $305,000
2014 -- $471,000 $212,000 $259,000
2013 -- $405,000 $185,000 $220,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2170280

Northwest Multiple Listing Service (NWMLS)

APN: 432220-0040