Listed by COMPASS, Bought with Windermere Real Estate Midtown
NOT LISTED FOR SALE

Estimated Value: $1,125,000 - $1,920,000

6 Beds
3 Baths
3,140 Sq Ft
$499/Sq Ft Est. Value

Last Sold April 10, 2019

Last sale price $1,400,000 $446 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $9,317/month

62 Days on Market

Highlights

  • Deck
  • Gazebo
  • High Speed Internet
  • Daniel Bagley Elementary School Rated A-
  • Patio
  • Property is Fully Fenced

About This Home

As of April 2019

Fully leased Greenwood triplex with very solid rental income! Truly turnkey, building underwent a full 2018 renovation. Classic styling w/modern finishes. Kitchens tastefully updated w/stainless steel appliances and quartz countertops. Fresh flooring, fixtures, windows, plumbing & electric updates. Two spacious bedrooms, full bath and new washer/dryers in each unit. Building has a 3-car garage, ample parking & large private yard w/casita. Great investment w/additional LR2 zoning upside.

Last Agent to Sell the Property

Tessa Ill

COMPASS License #129379 Listed on: 01/17/2019

COMPASS

Last Buyer's Agent

Lauren Hendricks

Windermere Real Estate Midtown License #83586

Windermere Real Estate Midtown

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1401725

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,354

Year Built

  • Built in 1966 | Remodeled

Lot Details

  • 6,861 Sq Ft Lot
  • Property is Fully Fenced

Home Design

  • Triplex
  • Poured Concrete
  • Bitumen Roof
  • Wood Siding
  • Vinyl Construction Material

Interior Spaces

  • 3,140 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 6 Parking Spaces
  • 3 Covered Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio
  • Gazebo

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Greenwood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3126049373

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,354

Year Built

Built in 1966 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1966
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3140
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Storage

Exterior Features

  • Roof: Torch Down
  • Lot Features: Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Metal/Vinyl, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Remodeled
  • Structure Type: Triplex

Garage/Parking

  • 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
  • Water Source: Public
  • Security: PartiallyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • WaterSewerGarbage: 2900

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 3126049373
  • Lot Size Acres: 0.1575
  • Lot Size Sq Ft: 6861
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cabana/Gazebo,Cable TV,Deck,Fenced-Fully,High Speed Internet,Patio
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 16
  • LeasedItems: None
  • TotalMonthlyIncome: 7625

Multi Family

  • Gross Scheduled Income: 91500
  • Net Operating Income: 75200
  • Number Of Units Total: 3
  • Electric Expense: 120
  • Insurance Expense: 1416
  • Leasable Area: 2910
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 2

Tax Info

  • Year: 2018
  • Tax Annual Amount: 7354

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2019
Closed on
Apr 9, 2019
Sold by
92Nd Street Partners Llc
Bought by
Sweet Lurline Lauren and Lurline Lauren Sweet Trust
Seller's Agent
Tessa Ill
COMPASS
Buyer's Agent
Lauren Hendricks
Windermere Real Estate Midtown
List Price
$1,485,000
Sold Price
$1,400,000
Premium/Discount to List
-$85,000
-5.72%
Current Estimated Value
$1,567,615

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,615
Avg. Annual Appreciation
1.75%

Purchase Details

Closed on
Aug 29, 2017
Sold by
Mckinley Martha L and Maloney Jill D
Bought by
92Nd Street Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
3.96%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 12, 2010
Sold by
Mckinley Martha L
Bought by
Mckinley Martha L and Maloney Jill D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
4.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2002
Sold by
Brandal Alf R
Bought by
Mckinley Martha L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.89%

Purchase Details

Closed on
Feb 18, 1993
Sold by
Gegner Christine
Bought by
Mckinley Martha L
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
Sweet Lurline Lauren $1,398,500 Fidelity National Title
92Nd Street Partners Llc $950,000 Chicago Title Company Of Wa
Mckinley Martha L -- Pacific Nw Tit
Mckinley Martha L -- Chicago Title
Mckinley Martha L $270,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 92Nd Street Partners Llc $550,000
Previous Owner Mckinley Martha L $260,000
Previous Owner Mckinley Martha L $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/10/2019 04/10/19 Sold $1,400,000 -5.7% $446 / Sq Ft
03/20/2019 03/20/19 Pending -- -- --
01/17/2019 01/17/19 For Sale $1,485,000 -- $473 / 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 $12,071 $1,174,000 $1,007,000 $167,000
2023 $13,184 $1,327,000 $1,326,000 $1,000
2022 $10,568 $1,185,000 $1,184,000 $1,000
2021 $9,352 $1,079,000 $1,078,000 $1,000
2020 $8,464 $900,000 $899,000 $1,000
2018 $7,354 $863,000 $862,000 $1,000
2017 $6,070 $687,000 $451,000 $236,000
2016 $5,487 $579,000 $380,000 $199,000
2015 $4,742 $526,000 $346,000 $180,000
2014 -- $463,000 $310,000 $153,000
2013 -- $421,000 $282,000 $139,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1401725

Northwest Multiple Listing Service (NWMLS)

APN: 312604-9373