NOT LISTED FOR SALE

Estimated Value: $1,310,284 - $1,340,000

5 Beds
4 Baths
3,340 Sq Ft
$397/Sq Ft Est. Value

Last Sold December 17, 2020

Last sale price $1,000,000 $299 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $8,301/month

100 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Wood Siding
  • Eckstein Middle School Rated A-

About This Home

As of December 2020

Classic Craftsman turned multi-family – amazing income opportunity literally steps from Green Lake! Under market rents; with some simple updating you can increase rents, CAP, & value! LR2 zoning for future development potential. Also have an opportunity to restore as a single-family. Main unit/owner’s suite is grand, featuring lots of space, & classic hardwoods & period details. Some off-street parking off of alley. So many options in an unbeatable location!

Last Agent to Sell the Property

Dan Faulkner

COMPASS License #23429 Listed on: 08/25/2020

COMPASS

Last Buyer's Agent

Derek Ward

eXp Realty License #83961

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1652549

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,570

Year Built

  • Built in 1908

Lot Details

  • 3,000

Home Design

  • Triplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,340 Sq Ft Home
  • 3-Story Property

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Parking

  • 2 Parking Spaces
  • Open Parking

Utilities

  • Natural Gas Connected
  • Cable TV Available

Additional Features

  • Deck
  • 3,000 Sq Ft Lot

Community Details

  • Green Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 9528101145

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,570

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1908
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3340
  • Special Features: VirtualTour
  • Cumulative Days on Market: 364

Interior Features

  • Possible Use: Multi-Family, Residential
  • Fireplace: No
  • Flooring: Hardwood, Vinyl, Carpet
  • Interior Amenities: Forced Air, Hardwood, Wall to Wall Carpet
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Basement

Exterior Features

  • Roof: Composition
  • Lot Features: Alley, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Structure Type: Triplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 2
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Utilities: Cable Connected, Sewer Connected, Electric, Natural Gas Connected
  • WaterSewerGarbage: 8400

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 9528101145
  • Lot Size Acres: 0.0689
  • Lot Size Sq Ft: 3000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family,Residential

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 15
  • LeasedItems: None
  • TotalMonthlyIncome: 5150

Multi Family

  • Gross Scheduled Income: 61800
  • Net Operating Income: 40941
  • Number Of Units Total: 7
  • Insurance Expense: 1035
  • Leasable Area: 3340
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: true
  • VacancyRate: 3

Tax Info

  • Year: 2020
  • Tax Annual Amount: 9570

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2020
Closed on
Dec 15, 2020
Sold by
Buyukcetin Salih Haktan
Bought by
Carter Marshall B
Seller's Agent
Dan Faulkner
COMPASS
Buyer's Agent
Derek Ward
eXp Realty
List Price
$1,000,000
Sold Price
$1,000,000
Current Estimated Value
$1,327,571

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$327,571
Avg. Annual Appreciation
7.94%
Original Mortgage
$750,000
Outstanding Balance
$678,405
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$741,644

Purchase Details

Closed on
Jan 26, 2011
Sold by
Wong Lui Lui
Bought by
Buyukcetin Salih Haktan

Purchase Details

Closed on
Jun 10, 2010
Sold by
Jolly Malcolm E and Jolly Sherry L
Bought by
Buyukcetin Salih H and Wong Lui Lui

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
4.65%
Mortgage Type
Credit Line Revolving
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
Carter Marshall B $1,000,000 Fidelity National Title
Buyukcetin Salih Haktan -- None Available
Buyukcetin Salih H $417,500 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carter Marshall B $750,000
Previous Owner Buyukcetin Salih $250,000
Previous Owner Buyukcetin Salik Haktan $55,000
Previous Owner Buyukcelin Salih H $30,000
Previous Owner Buyukcetin Salih H $334,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2020 12/17/20 Sold $1,000,000 0.0% $299 / Sq Ft
12/03/2020 12/03/20 Pending -- -- --
11/04/2020 11/04/20 For Sale $1,000,000 0.0% $299 / Sq Ft
09/09/2020 09/09/20 Off Market $1,000,000 -- --
08/25/2020 08/25/20 For Sale $1,000,000 -- $299 / 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 $11,372 $1,175,000 $772,000 $403,000
2023 $11,576 $1,221,000 $757,000 $464,000
2022 $10,839 $1,364,000 $689,000 $675,000
2021 $9,271 $1,175,000 $607,000 $568,000
2020 $9,570 $949,000 $331,000 $618,000
2018 $8,918 $1,023,000 $349,000 $674,000
2017 $7,848 $896,000 $306,000 $590,000
2016 $7,303 $814,000 $278,000 $536,000
2015 $6,426 $739,000 $253,000 $486,000
2014 -- $664,000 $227,000 $437,000
2013 -- $583,000 $200,000 $383,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1652549

Northwest Multiple Listing Service (NWMLS)

APN: 952810-1145