Listed by Better Properties Eastside, Bought with Michael J Real Estate LLC
NOT LISTED FOR SALE

Estimated Value: $560,000 - $816,000

4 Beds
2 Baths
1,650 Sq Ft
$430/Sq Ft Est. Value

Last Sold July 31, 2023

Last sale price $765,000 $464 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $4,417/month

8 Days on Market

Highlights

  • Deck
  • No HOA
  • Ceramic Tile Flooring
  • Corner Lot
  • Patio
  • Partially Fenced Property

About This Home

As of July 2023

Thoughtfully updated & well-cared for Skyway duplex. Major interior & exterior remodels within last 2-4 years: brand new septic, roof, siding, landscaping, hot water heaters, deck, flooring, appliances, kitchen (unit 7730), & bathrooms. Each move-in ready unit has 2 beds & 1 bath. Prior & current tenant have always paid on time. Units are very easy to rent out! Unit 7728 just vacated, giving options for owner-occupancy or short, mid, or long-term rental. Plenty of parking plus detached garage. Prime location up the hill from The Landing, Boeing, major freeways, Seward Park, Coulon Park, Kubota Garden, TopGolf. Other close-by are Southcenter Mall, SeaTac Airport, Renton Technical College. Ideal for investors or first-time buyers alike.

Last Agent to Sell the Property

Tiffany Dinh

Better Properties Eastside License #21026166 Listed on: 07/05/2023

Last Buyer's Agent

Kim Lam

Michael J Real Estate LLC License #133747

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2134818

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,733

Year Built

  • Built in 1941

Lot Details

  • 8,250 Sq Ft Lot
  • Partially Fenced Property
  • Corner Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Block Foundation
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,650 Sq Ft Home
  • 1-Story Property

Flooring

  • Laminate
  • Ceramic Tile
  • Vinyl Plank

Parking

  • 8 Parking Spaces
  • 1 Covered Space
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Schools

  • Lakeridge Elementary School
  • Dimmitt Mid Middle School
  • Renton Snr High School

Utilities

  • Heating System Mounted To A Wall or Window
  • Septic Tank

Community Details

  • No Home Owners Association
  • Scenic Ridge Heights Condos
  • Skyway Subdivision

Listing and Financial Details

  • Legal Lot and Block 9 / 7
  • Assessor Parcel Number 7580200470

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,733

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1941
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Scenic Ridge Heights
  • New Construction: No
  • CalculatedSquareFootage: 1650
  • SOCComments: Thank You!
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Multi-Family
  • Possible Bedrooms: 4
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate, Vinyl Plank
  • Interior Amenities: Ceramic Tile, Laminate Hardwood
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Brick, Wood
  • Foundation Details: Block, Poured Concrete
  • Structure Type: Duplex
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Open Parking Spaces: 7
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 7

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: FullyFenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: Seattle City Light
  • SewerCompany: Private
  • WaterCompany: Skyway Water & Sewer
  • WaterSewerGarbage: 1440

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Renton
  • High School: Renton Snr High
  • Middle Or Junior School: Dimmitt Mid

Lot Info

  • Parcel Number: 7580200470
  • Lot Size Acres: 0.1894
  • Lot Size: 8250
  • Lot Size Sq Ft: 8250
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Fenced-Partially,Patio
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: County
  • ZoningClass: Multi-Family
  • LotNumber: 9

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 14.77
  • LeasedItems: None
  • TotalMonthlyIncome: 0

Multi Family

  • Gross Scheduled Income: 50700
  • Net Operating Income: 41367
  • Number Of Units Total: 2
  • Insurance Expense: 2160
  • Leasable Area: 1650
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2022
  • Tax Annual Amount: 5733

MLS Schools

  • Elementary School: Lakeridge Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2019
Closed on
Feb 3, 2020
Sold by
Tran Thomas T and Mai Trang Tx
Bought by
Lankford Andrew and Celestra Margerie
Seller's Agent
Matthew Hodge
John L. Scott Woodinville
Buyer's Agent
Tiffany Dinh
Better Properties Eastside
List Price
$524,950
Sold Price
$563,000
Premium/Discount to List
$38,050
7.25%
Current Estimated Value
$709,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,520
Avg. Annual Appreciation
4.46%
Original Mortgage
$552,802
Outstanding Balance
$487,087
Interest Rate
3.12%
Mortgage Type
FHA
Estimated Equity
$230,396

Purchase Details

Closed on
Sep 11, 2009
Sold by
Sn Commercial Llc
Bought by
Tran Thomas T and Mai Trang Tx

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,150
Interest Rate
5.14%

Purchase Details

Closed on
Jun 19, 2009
Sold by
Nguyen Duc
Bought by
Sn Commercial Llc

Purchase Details

Closed on
Jun 30, 2007
Sold by
Nguyen Duc
Bought by
Nguyen Duc and Le Chau

Purchase Details

Closed on
Jul 24, 2006
Sold by
Stewart John M
Bought by
Nguyen Duc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
8.95%
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
Lankford Andrew $563,000 Cw Title
Tran Thomas T $200,000 First American
Sn Commercial Llc $190,000 First American
Nguyen Duc -- None Available
Nguyen Duc $275,000 Ticor National
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lankford Andrew $552,802
Previous Owner Tran Thomas T $183,150
Previous Owner Nguyen Duc $220,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/31/2023 07/31/23 Sold $765,000 +2.1% $464 / Sq Ft
07/13/2023 07/13/23 Pending -- -- --
07/05/2023 07/05/23 For Sale $749,000 +33.0% $454 / Sq Ft
02/12/2020 02/12/20 Sold $563,000 +7.2% $341 / Sq Ft View Prior Sale
01/22/2020 01/22/20 Pending -- -- --
01/21/2020 01/21/20 For Sale $524,950 -6.8% $318 / Sq Ft
12/28/2019 12/28/19 Off Market $563,000 -- --
12/20/2019 12/20/19 Pending -- -- --
11/01/2019 11/01/19 For Sale $524,950 -- $318 / 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 $7,876 $690,000 $275,000 $415,000
2023 $6,201 $510,000 $184,000 $326,000
2022 $5,733 $550,000 $194,000 $356,000
2021 $5,323 $452,000 $160,000 $292,000
2020 $4,879 $400,000 $142,000 $258,000
2018 $4,661 $349,000 $142,000 $207,000
2017 $3,939 $309,000 $104,000 $205,000
2016 $3,823 $266,000 $89,000 $177,000
2015 $3,339 $244,000 $82,000 $162,000
2014 -- $221,000 $73,000 $148,000
2013 -- $183,000 $67,000 $116,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2134818

Northwest Multiple Listing Service (NWMLS)

APN: 758020-0470