Seller's Agent in 2020
Donna Marshall
Skyline Properties, Inc
(425) 422-0954
1 in this area
36 Total Sales
Listed by Skyline Properties, Inc., Bought with WPI Real Estate Services, Inc.
817 Martin Luther King jr Way Seattle, WA 98122
Mann NeighborhoodEstimated Value: $1,217,130 - $1,359,000
5
Beds
4
Baths
2,810
Sq Ft
$462/Sq Ft
Est. Value
Highlights
- Deck
- Patio
- Wall to Wall Carpet
- Garfield High School Rated A
- Wood Siding
- 2-minute walk to Nora's Woods
About This Home
As of November 2020Multi tenant,rooming house! Cash Flow, 5.5% Cap Rate, 4 individually rented rooms,1 studio+one-bath apartment and a three-bedroom/one-bathroom* apartment,Residents of the individual rooms share 1.75 bathrooms, a common washer/dryer, and a huge fenced yard. Additionally,two private patios,five off-street parking spaces.The property is easily managed via online tenant portal that handles maintenance requests, rent collection, and tenant screening. Potential upside income opportunities.
Last Agent to Sell the Property
Skyline Properties, Inc. License #111216 Listed on: 08/14/2020
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 1643932
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,853
Year Built
- Built in 1981
Lot Details
- 7,800
Home Design
- Poured Concrete
- Composition Roof
- Wood Siding
Interior Spaces
- 2,810 Sq Ft Home
- 2-Story Property
Flooring
- Wall to Wall Carpet
- Laminate
- Vinyl
Outdoor Features
- Deck
- Patio
Additional Features
- 7,800 Sq Ft Lot
- Cable TV Available
Community Details
- Madrona Subdivision
Listing and Financial Details
- Assessor Parcel Number 7960100235
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 14, 2020
Closed on
Oct 27, 2020
Sold by
Maddin Matthew
Bought by
Lake Washington Real Estate Llc
Seller's Agent
Donna Marshall
Skyline Properties, Inc.
Buyer's Agent
Tong Chin Wu
WPI Real Estate Services, Inc.
List Price
$1,150,900
Sold Price
$1,040,000
Premium/Discount to List
-$110,900
-9.64%
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
$259,033
Avg. Annual Appreciation
4.56%
Purchase Details
Closed on
Nov 6, 2006
Sold by
Vargas Jorge
Bought by
Maddin Matthew
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
8.4%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 13, 2002
Sold by
Hutchcroft Norwin C and Hutchcroft Vera M
Bought by
Vargas Jorge
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 |
|---|---|---|---|
| Lake Washington Real Estate Llc | $1,039,500 | First American Title | |
| Maddin Matthew | $525,000 | Ticor National | |
| Vargas Jorge | $245,000 | Pacific Nw Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Maddin Matthew D | $445,500 | |
| Previous Owner | Maddin Matthew | $500,000 | |
| Previous Owner | Vargas Jorge M | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/02/2020 11/02/20 | Sold | $1,040,000 | -9.6% | $370 / Sq Ft |
| 10/05/2020 10/05/20 | Pending | -- | -- | -- |
| 08/14/2020 08/14/20 | For Sale | $1,150,900 | -- | $410 / 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 | $10,005 | $985,000 | $671,000 | $314,000 |
| 2023 | $9,851 | $958,000 | $671,000 | $287,000 |
| 2022 | $9,804 | $1,107,000 | $579,000 | $528,000 |
| 2021 | $9,434 | $1,018,000 | $526,000 | $492,000 |
| 2020 | $8,853 | $930,000 | $476,000 | $454,000 |
| 2018 | $7,731 | $892,000 | $291,000 | $601,000 |
| 2017 | $6,485 | $744,000 | $249,000 | $495,000 |
| 2016 | $6,148 | $641,000 | $208,000 | $433,000 |
| 2015 | $5,158 | $595,000 | $193,000 | $402,000 |
| 2014 | -- | $507,000 | $161,000 | $346,000 |
| 2013 | -- | $389,000 | $152,000 | $237,000 |
Source: Public Records
Agents Affiliated with this Home
-
Donna Marshall
-
Dan Swanson
Seller Co-Listing Agent in 2020
Dan Swanson
Kidder Mathews
(425) 444-6501
1 in this area
58 Total Sales
-
Tong Chin Wu
Buyer's Agent in 2020
Tong Chin Wu
WPI Real Estate Services, Inc.
(206) 849-8858
1 in this area
85 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 1643932
APN: 796010-0235
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All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID
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