Listed by COMPASS, Bought with Keller Williams Seattle Metro
$1,335,000
SOLD JUN 10, 2021
-- Bed
-- Bath
2,382 Sq Ft
2,064 Sq Ft Lot

Recently Sold

$560 Per Sq Ft

3% Below List Price

17 Days on Market

Highlights

  • City View
  • Deck
  • Wood Siding
  • John Hay Elementary School Rated A
  • Corner Lot
  • 2-minute walk to Ward Springs Park

About This Home

As of June 2021

Convenient location in lower Queen Anne. Park the car and stroll to all that Seattle has to offer. Four, 1 bed 1 bath units. Upper units offer views of the Space Needle, one garage parking space + 1 off-street spot. All units have been updated with new laminate flooring, paint, bathroom fixtures, kitchen surfaces & are fully furnished. The building features building wide Wi-fi & smart locks for keyless entry. Great opportunity for a little slice of the city!

Last Agent to Sell the Property

Stephen Kennedy

COMPASS License #17285 Listed on: 05/08/2021

COMPASS

Co-Listed By

Melissa Klinnert

COMPASS License #7811

Last Buyer's Agent

Tyler Kirages

Keller Williams Seattle Metro License #117434

Keller Williams Seattle Metro

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1770968

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,153

Year Built

  • Built in 1986

Lot Details

  • 2,064 Sq Ft Lot
  • Corner Lot
  • Property is in good condition

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,382 Sq Ft Home
  • 4-Story Property
  • Laminate Flooring
  • City Views

Parking

  • 2 Parking Spaces
  • 1 Covered Space
  • Open Parking

Additional Features

  • Deck
  • Cable TV Available

Community Details

  • Queen Anne Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5457800490

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,153

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1986
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2382
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 349

Interior Features

  • Fireplace: No
  • Flooring: Laminate
  • Interior Amenities: Laminate
  • Stories: 4
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: City
  • Lot Features: Corner Lot, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Open Parking Spaces: 1
  • Open Parking: Yes
  • Total Parking Spaces: 2
  • ParkingUncoveredSpaces: 1

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: SEATTLE
  • SewerCompany: SEATTLE
  • WaterCompany: SEATTLE
  • WaterSewerGarbage: 4000

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 5457800490
  • Lot Size Acres: 0.0474
  • Lot Size Sq Ft: 2064
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck
  • MLSLotSizeSource: Tax Rec
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 16
  • LeasedItems: None
  • TotalMonthlyIncome: 6970

Multi Family

  • Gross Scheduled Income: 83640
  • Net Operating Income: 61932
  • Number Of Units Total: 4
  • Insurance Expense: 2200
  • Leasable Area: 2382
  • EnergySource: Electric
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: true
  • VacancyRate: 3

Tax Info

  • Year: 2020
  • Tax Annual Amount: 12153

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2021
Closed on
Jun 4, 2021
Sold by
Hadzaad Navid
Bought by
Friedman Ben and Sweeney Nicole
Seller's Agent
Stephen Kennedy
COMPASS
Buyer's Agent
Tyler Kirages
Keller Williams Seattle Metro
List Price
$1,379,950
Sold Price
$1,335,000
Premium/Discount to List
-$44,950
-3.26%
Current Estimated Value
$1,452,964

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,964
Avg. Annual Appreciation
3.17%
Original Mortgage
$1,235,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Apr 28, 2017
Closed on
Jun 13, 2017
Sold by
Rodes Peter and Schreiber Sue A
Bought by
Hadzaad Navid
Seller's Agent
Ryan Iles
Paragon Real Estate Advisors
Buyer's Agent
Tushar Garg
Flyhomes
List Price
$1,200,000
Sold Price
$1,285,000
Premium/Discount to List
$85,000
7.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.96%
Original Mortgage
$897,405
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 2, 2004
Sold by
Pinneo Gregory and Pinneo Shauna J
Bought by
Rodes Peter and Schreiber Sue A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$572,000
Interest Rate
1.37%

Purchase Details

Closed on
Oct 5, 1999
Sold by
Pinneo Gregory
Bought by
Pinneo Gregory and Pinneo Shauna J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
7.76%

Purchase Details

Closed on
Aug 28, 1995
Sold by
Pinneo Bethlyn J
Bought by
Pinneo Gregory

Purchase Details

Closed on
Jan 1, 1992
Sold by
Michel Robin W and Michel Karen E
Bought by
Pinneo Gregory M and Pinneo Bethlyn J
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,335,000 Endpoint Closing
Warranty Deed $1,285,000 Fidelity Natio
Warranty Deed $714,200 Old Republic T
Warranty Deed -- Old Republic Title Ltd
Warranty Deed -- Evergreen Title Company Inc
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,253,253 New Conventional
Closed $1,235,000 Purchase Money Mortgage
Previous Owner $897,405 Adjustable Rate Mortgage/ARM
Previous Owner $71,000 No Value Available
Previous Owner $572,000 No Value Available
Previous Owner $396,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2021 06/10/21 Sold $1,335,000 -3.3% $560 / Sq Ft
05/25/2021 05/25/21 Pending -- -- --
05/08/2021 05/08/21 For Sale $1,379,950 +7.4% $579 / Sq Ft
06/14/2017 06/14/17 Sold $1,285,000 +7.1% $535 / Sq Ft
05/10/2017 05/10/17 Pending -- -- --
04/28/2017 04/28/17 For Sale $1,200,000 -- $500 / 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 $10,484 $1,107,000 $619,200 $487,800
2023 $10,625 $1,327,000 $619,200 $707,800
2022 $8,736 $1,276,000 $567,600 $708,400
2021 $12,637 $961,000 $567,600 $393,400
2020 $12,153 $1,332,000 $567,600 $764,400
2018 $10,181 $1,153,000 $464,400 $688,600
2017 $9,772 $1,045,000 $340,500 $704,500
2016 $7,975 $1,038,000 $309,600 $728,400
2015 -- $824,000 $237,300 $586,700
2014 -- $725,000 $237,300 $487,700
2013 -- $700,000 $227,000 $473,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1770968

Northwest Multiple Listing Service (NWMLS)

APN: 545780-0490