Seller's Agent in 2013
Charles Burnett
Real Broker LLC
(206) 926-3701
60 Total Sales
Listed by Real Broker LLC, Bought with Kelly Right RE of Seattle LLC
7701 15th Ave SW Seattle, WA 98106
Highland Park NeighborhoodEstimated Value: $897,000 - $1,360,000
16
Beds
8
Baths
6,040
Sq Ft
$175/Sq Ft
Est. Value
Highlights
- Deck
- Thermal Windows
- Wall to Wall Carpet
- Corner Lot
- Wood Siding
About This Home
As of June 2013*INSTANT POSITIVE CASH FLOW* Here is your opportunity to purchase a solid investment property. Generating $74,100 in annual rental income, this West Seattle 4-Plex has a 9% Cap Rate. Great rental history w/ long term tenants, meticulously maintained by owner. Two townhome-style duplexes on one lot, allowing for easy and attractive residential financing. Newer decks/porches, windows, exterior paint, flooring, kitchen upgrades, and freshly paved parking lot. *Potential owner financing w/ 20% down*
Last Agent to Sell the Property
Real Broker LLC License #50261 Listed on: 06/14/2012
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 369918
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,268
Year Built
- Built in 1959
Lot Details
- 8,200 Sq Ft Lot
- Corner Lot
- Property is in good condition
Home Design
- Quadruplex
- Flat Roof Shape
- Poured Concrete
- Built-Up Roof
- Wood Siding
Interior Spaces
- 6,040 Sq Ft Home
- 2-Story Property
- Thermal Windows
Flooring
- Wall to Wall Carpet
- Vinyl
Parking
- 5 Parking Spaces
- Open Parking
Additional Features
- Deck
- Cable TV Available
Community Details
- Highland Park Subdivision
Listing and Financial Details
- Assessor Parcel Number 2112700005
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 14, 2012
Closed on
Jun 5, 2013
Sold by
Turner Gregory P and Turner Kelly
Bought by
Li Yu Min
Seller's Agent
Charles Burnett
Real Broker LLC
Buyer's Agent
Sandy Vuong
Kelly Right RE of Seattle LLC
List Price
$725,000
Sold Price
$655,000
Premium/Discount to List
-$70,000
-9.66%
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
$403,378
Avg. Annual Appreciation
4.65%
Original Mortgage
$622,250
Outstanding Balance
$455,064
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$685,846
Purchase Details
Closed on
Apr 7, 2004
Sold by
Sikov Peter H and Sikov Helen J
Bought by
Turner Gregory P and Turner Kelly
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
5.56%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 7, 2003
Sold by
Sikov Peter and Sikov Helen
Bought by
Dcg/Phs Associates Llc
Purchase Details
Closed on
Jan 12, 2001
Sold by
Maier Sheila R
Bought by
Sikov Peter H and Sikov Helen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$334,800
Interest Rate
7.41%
Purchase Details
Closed on
Mar 27, 1998
Sold by
Guettler James and Guettler Carol
Bought by
Maier Sheila R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
8.62%
Purchase Details
Closed on
Jan 11, 1994
Sold by
Gunning John T
Bought by
Guettler James and Guettler Carol
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7.38%
Mortgage Type
Seller Take Back
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Li Yu Min | $655,000 | Ticor National | |
| Turner Gregory P | $580,000 | Fidelity Natio | |
| Sikov Peter H | -- | Fidelity Natio | |
| Dcg/Phs Associates Llc | -- | -- | |
| Sikov Peter H | $312,000 | Pacific Nw Title | |
| Maier Sheila R | $230,000 | Old Republic Title Ltd | |
| Guettler James | $180,000 | Transamerica Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Li Yu Min | $622,250 | |
| Previous Owner | Turner Greg | $525,000 | |
| Previous Owner | Turner Gregory P | $80,000 | |
| Previous Owner | Turner Gregory P | $380,000 | |
| Previous Owner | Sikov Peter H | $334,800 | |
| Previous Owner | Maier Sheila R | $184,000 | |
| Previous Owner | Guettler James | $180,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/07/2013 06/07/13 | Sold | $655,000 | -9.7% | $108 / Sq Ft |
| 05/10/2013 05/10/13 | Pending | -- | -- | -- |
| 06/14/2012 06/14/12 | For Sale | $725,000 | -- | $120 / 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 | $10,722 | $1,063,000 | $320,000 | $743,000 |
| 2023 | $9,726 | $973,000 | $293,000 | $680,000 |
| 2022 | $10,219 | $1,047,000 | $249,000 | $798,000 |
| 2021 | $9,341 | $1,065,000 | $211,000 | $854,000 |
| 2020 | $9,158 | $920,000 | $194,000 | $726,000 |
| 2018 | $8,018 | $944,000 | $197,000 | $747,000 |
| 2017 | $6,744 | $774,000 | $162,000 | $612,000 |
| 2016 | $4,915 | $669,000 | $141,000 | $528,000 |
| 2015 | $4,249 | $465,000 | $103,000 | $362,000 |
| 2014 | -- | $409,000 | $96,000 | $313,000 |
| 2013 | -- | $355,000 | $83,000 | $272,000 |
Source: Public Records
Agents Affiliated with this Home
-
Charles Burnett
-
Sandy Vuong
Buyer's Agent in 2013
Sandy Vuong
Kelly Right RE of Seattle LLC
(778) 995-2688
8 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 369918
APN: 211270-0005
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Based on information submitted to the MLS GRID
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