Listed by Windermere Mercer Island, Bought with Windermere Mercer Island
NOT LISTED FOR SALE

Estimated Value: $784,000 - $1,054,252

2 Beds
2 Baths
1,700 Sq Ft
$570/Sq Ft Est. Value

Last Sold March 23, 2016

Last sale price $655,000 $385 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $5,967/month

5 Days on Market

Highlights

  • Deck
  • Territorial View
  • Thermal Windows
  • Coe Elementary School Rated A
  • Wood Flooring
  • Partially Fenced Property

About This Home

As of March 2016

Investor Alert! Now is your chance to secure a Queen Anne duplex located within walking distance of SPU! A stone's throw from the most popular neighborhoods in Seattle, this is a rare opportunity for an investor and/or developer. Currently rented at sub-market rates, these 2 bed, 1 bath units offer hardwood flooring, open kitchen, dining room, full bath with full size washer/dryer in unit. This is a perfect spot for future owner occupant to live in one unit and rent the other. Will not last!

Last Agent to Sell the Property

Lis Brown

Windermere Mercer Island License #18637 Listed on: 02/18/2016

Windermere Mercer Island

Co-Listed By

Brian Rosso

Windermere Mercer Island License #88410

Last Buyer's Agent

Erin Ewing

Windermere Mercer Island License #49702

Windermere Mercer Island

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 895231

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,878

Year Built

  • Built in 1908

Lot Details

  • 3,600 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,700 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Territorial Views

Flooring

  • Wood
  • Vinyl

Parking

  • 3 Parking Spaces
  • Open Parking

Additional Features

  • Deck
  • Cable TV Available

Community Details

  • Denny & Hoyts Add Condos
  • Queen Anne Subdivision

Listing and Financial Details

  • Legal Lot and Block 22 / 62
  • Assessor Parcel Number 1972205605

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,878

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1908
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Denny & Hoyts Add
  • New Construction: No
  • CalculatedSquareFootage: 1700
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 369

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Hardwood, Vinyl
  • Interior Amenities: Forced Air, Hardwood
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Energy Package,See Remarks,Thermal Windows

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • 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: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Natural Gas Available, Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: PSE
  • SewerCompany: City of Seattle
  • WaterCompany: City of Seattle
  • WaterSewerGarbage: 1831

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 1972205605
  • Lot Size Acres: 0.0826
  • Lot Size Sq Ft: 3600
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,Gas Available
  • MLSLotSizeSource: Realist
  • ZoningClass: Multi-Family
  • LotNumber: 22

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 18
  • LeasedItems: None
  • TotalMonthlyIncome: 2935

Multi Family

  • Gross Scheduled Income: 35220
  • Net Operating Income: 27955
  • Number Of Units Total: 2
  • Insurance Expense: 789
  • Leasable Area: 1700
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: true
  • VacancyRate: 2

Tax Info

  • Year: 2015
  • Tax Annual Amount: 3878

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 29, 2021
Sold by
Jolly Thomas Ewan and Jolly Cheng
Bought by
Thomas Jolly And Cheng Zou Trust and Jolly
Current Estimated Value
$969,563

Purchase Details

Listed on
Feb 18, 2016
Closed on
Mar 21, 2016
Sold by
Rosen Israel and Rosen Betsy G
Bought by
Jolly Thomas and Zou Cheng
Seller's Agent
Lis Brown
Windermere Mercer Island
Buyer's Agent
Erin Ewing
Windermere Mercer Island
List Price
$650,000
Sold Price
$655,000
Premium/Discount to List
$5,000
0.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.24%

Purchase Details

Closed on
Nov 12, 1991
Sold by
Seidenverg Kim
Bought by
Rosen Israel and Rosen Betsy G
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
Thomas Jolly And Cheng Zou Trust $313 None Listed On Document
Jolly Thomas $655,000 Wfg National
Rosen Israel -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rosen Israel $71,835
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2016 03/23/16 Sold $655,000 +0.8% $385 / Sq Ft
02/24/2016 02/24/16 Pending -- -- --
02/18/2016 02/18/16 For Sale $650,000 -- $382 / 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 $8,343 $843,000 $842,000 $1,000
2023 $8,175 $843,000 $842,000 $1,000
2022 $8,395 $902,000 $892,000 $10,000
2021 $8,042 $896,000 $603,000 $293,000
2020 $8,175 $814,000 $554,000 $260,000
2018 $6,947 $771,000 $592,000 $179,000
2017 $6,213 $688,000 $512,000 $176,000
2016 $4,720 $636,000 $476,000 $160,000
2015 $3,878 $466,000 $333,000 $133,000
2014 -- $389,000 $267,000 $122,000
2013 -- $365,000 $252,000 $113,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 895231

Northwest Multiple Listing Service (NWMLS)

APN: 197220-5605