Seller's Agent in 2021
Naushad Ali
John L Scott
(425) 985-0337
4 in this area
143 Total Sales
Listed by John L. Scott, Inc., Bought with RSVP Brokers ERA
8116 Delridge Way SW Seattle, WA 98106
South Delridge NeighborhoodEstimated Value: $742,000 - $959,182
6
Beds
8
Baths
2,350
Sq Ft
$382/Sq Ft
Est. Value
About This Home
As of October 2021ACTUAL CAP RATE OF 5.2% AND POTENTIAL TO ADD 2 ADDITIONAL UNITS! Wonderful investment opportunity in this well managed Duplex in great West Seattle Rental Market! Enjoy great cash flow.. Steady tenants and low historical vacancy make this the perfect investment to add to or start a rental portfolio. Seller prefers to sell all three together but open to individual building sales. Please do not drive onto property or disturb tenants.
Last Agent to Sell the Property
John L. Scott, Inc. License #18367 Listed on: 06/08/2021
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 1787887
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,503
Year Built
- Built in 2010
Lot Details
- 2,543
Home Design
- Duplex
- Poured Concrete
- Composition Roof
- Cement Board or Planked
Interior Spaces
- 2,350 Sq Ft Home
- 3-Story Property
Flooring
- Wall to Wall Carpet
- Laminate
Parking
- 2 Parking Spaces
- 2 Covered Spaces
Additional Features
- Deck
- 2,543 Sq Ft Lot
- Cable TV Available
Community Details
- Delridge Subdivision
Listing and Financial Details
- Assessor Parcel Number 4302700126
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 8, 2021
Closed on
Oct 11, 2021
Sold by
Awad Ashraf and Awad Souzy A
Bought by
Chen Yung Chih and Lin Yi Fen
Seller's Agent
Naushad Ali
John L. Scott, Inc.
Buyer's Agent
Yi-Fen Lin
RSVP Brokers ERA
List Price
$925,000
Sold Price
$907,000
Premium/Discount to List
-$18,000
-1.95%
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
-$8,204
Avg. Annual Appreciation
-1.66%
Original Mortgage
$680,000
Outstanding Balance
$627,432
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$222,942
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Chen Yung Chih | $907,000 | Rainier Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Chen Yung Chih | $680,000 | |
| Previous Owner | Awad Ashraf | $359,000 | |
| Previous Owner | Awad Ashraf | $352,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/26/2021 10/26/21 | Sold | $907,000 | -1.9% | $386 / Sq Ft |
| 09/14/2021 09/14/21 | Pending | -- | -- | -- |
| 06/08/2021 06/08/21 | For Sale | $925,000 | -- | $394 / 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 | $7,564 | $772,000 | $294,000 | $478,000 |
| 2023 | $6,799 | $707,000 | $269,000 | $438,000 |
| 2022 | $6,129 | $760,000 | $228,000 | $532,000 |
| 2021 | $5,599 | $654,000 | $172,000 | $482,000 |
| 2020 | $5,503 | $565,000 | $158,000 | $407,000 |
| 2018 | $4,700 | $565,000 | $161,000 | $404,000 |
| 2017 | $3,943 | $463,000 | $132,000 | $331,000 |
| 2016 | $1,832 | $400,000 | $115,000 | $285,000 |
| 2015 | $1,575 | $170,000 | $82,000 | $88,000 |
| 2014 | -- | $147,000 | $76,000 | $71,000 |
| 2013 | -- | $144,000 | $66,000 | $78,000 |
Source: Public Records
Agents Affiliated with this Home
-
Naushad Ali
-
James McPherson
Seller Co-Listing Agent in 2021
James McPherson
John L Scott
(206) 686-3131
4 in this area
96 Total Sales
-
Yi-Fen Lin
Y
Buyer's Agent in 2021
Yi-Fen Lin
Steven M Kloetsch
(413) 230-8170
1 in this area
8 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 1787887
APN: 430270-0126
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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Based on information submitted to the MLS GRID
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