Listed by Skyline Properties, Inc., Bought with Windermere Real Estate/East
NOT LISTED FOR SALE

Estimated Value: $1,361,000 - $1,870,301

6 Beds
4 Baths
2,470 Sq Ft
$632/Sq Ft Est. Value

Last Sold July 14, 2017

Last sale price $976,000 $395 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $9,481/month

3 Days on Market

Highlights

  • Cul-De-Sac
  • Central Air
  • Wall to Wall Carpet
  • Odle Middle School Rated A

About This Home

As of July 2017

Rare opportunity, beautiful home & income property. *property consists of 2 attached townhouse units on one tax lot---Legal Duplex. Each unit has 3 bedrooms 1.5 bathrooms and attached garage. Market rents should be $2,350 per unit ($4700). Units are clean, well maintained with some updating. Each unit has separate meters for water, gas and electric. Near Bellevue College, Bus Lines, Park-n-Ride, Near 405 and I-90, no sign, by appointment only-please contact your agent.

Last Agent to Sell the Property

Fred Grunewald

Skyline Properties, Inc. License #121501 Listed on: 06/01/2017

Skyline Properties, Inc.

Last Buyer's Agent

Tom Wasil

Windermere Real Estate/East License #52537

Windermere Real Estate/East

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1136462

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,323

Year Built

  • Built in 1982

Lot Details

  • 8,712 Sq Ft Lot
  • Cul-De-Sac
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 2,470 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 6 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Outbuilding

Utilities

  • Central Air
  • Natural Gas Connected
  • Cable TV Available

Community Details

  • Lake Hill Connector Condos
  • Lake Hills Subdivision

Listing and Financial Details

  • Legal Lot and Block lot2 / Leslie Estates
  • Assessor Parcel Number 4279600020

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,323

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1982
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Lake Hill Connector
  • New Construction: No
  • CalculatedSquareFootage: 2470
  • EffectiveYearBuiltSource: Public Records
  • Special Features: VirtualTour
  • Cumulative Days on Market: 347

Interior Features

  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Forced Air, Central A/C, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Cul-De-Sac, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling Y N: Yes
  • Utilities: Cable Connected, Sewer Connected, Natural Gas Connected
  • PowerCompany: PSE
  • SewerCompany: public
  • WaterCompany: public
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Bellevue

Lot Info

  • Parcel Number: 4279600020
  • Lot Size Acres: 0.2
  • Lot Size Sq Ft: 8712
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Outbuildings
  • MLSLotSizeSource: KCR
  • ZoningJurisdiction: City
  • LotNumber: lot2

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 6
  • LeasedItems: None
  • TotalMonthlyIncome: 4600

Multi Family

  • Gross Scheduled Income: 55200
  • Net Operating Income: 48877
  • Number Of Units Total: 2
  • Insurance Expense: 1000
  • Leasable Area: 2470
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2017
  • Tax Annual Amount: 5323

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2017
Closed on
Jul 6, 2017
Sold by
Dragoo Gwendolyn A and Dragoo Marc E
Bought by
Park Daniel and Park Katherine
Seller's Agent
Fred Grunewald
Skyline Properties, Inc.
Buyer's Agent
Tom Wasil
Windermere Real Estate/East
List Price
$949,950
Sold Price
$976,000
Premium/Discount to List
$26,050
2.74%
Current Estimated Value
$1,561,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$585,075
Avg. Annual Appreciation
6.14%
Original Mortgage
$636,150
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 22, 2014
Sold by
Dragoo Gwendolyn A
Bought by
Dragoo Gwendolyn A and Drago Marc E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,750
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 17, 2014
Sold by
Farland Shirley M
Bought by
Dragoo Gwendolyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,750
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 13, 2002
Sold by
Mcaninch Debra L
Bought by
Dragoo Gwendolyn and Farland Shirley M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.12%

Purchase Details

Closed on
Feb 21, 2001
Sold by
Lysdale Steven J
Bought by
Mcaninch Debra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.89%

Purchase Details

Closed on
Aug 24, 2000
Sold by
Lysdale Bonna L
Bought by
Lysdale Steven J

Purchase Details

Closed on
Mar 31, 1992
Sold by
Lysdale Jack P
Bought by
Lysdale Trust
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
Park Daniel $976,000 Chicago Title
Dragoo Gwendolyn A $200,989 Chicago Title
Dragoo Gwendolyn $200,989 Chicago Title
Dragoo Gwendolyn $400,000 Fidelity National Title
Mcaninch Debra L $362,000 Old Republic Title
Lysdale Steven J -- --
Lysdale Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Park Daniel $637,000
Closed Park Daniel $636,150
Previous Owner Dragoo Gwendolyn A $393,750
Previous Owner Dragoo Gwendolyn $355,444
Previous Owner Dragoo Gwendolyn $100,000
Previous Owner Dragoo Gwendolyn $350,000
Previous Owner Dragoo Gwendolyn $360,000
Previous Owner Mcaninch Debra L $275,000
Closed Mcaninch Debra L $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2017 07/14/17 Sold $976,000 +2.7% $395 / Sq Ft
06/05/2017 06/05/17 Pending -- -- --
06/01/2017 06/01/17 For Sale $949,950 -- $385 / 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 $11,213 $1,528,000 $830,000 $698,000
2023 $11,331 $1,244,000 $676,000 $568,000
2022 $8,029 $1,600,000 $850,000 $750,000
2021 $7,581 $977,000 $479,000 $498,000
2020 $7,400 $855,000 $424,000 $431,000
2018 $6,394 $833,000 $416,000 $417,000
2017 $5,323 $694,000 $349,000 $345,000
2016 $5,134 $609,000 $303,000 $306,000
2015 $5,052 $583,000 $280,000 $303,000
2014 -- $568,000 $278,000 $290,000
2013 -- $459,000 $224,000 $235,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1136462

Northwest Multiple Listing Service (NWMLS)

APN: 427960-0020