Listed by Windermere Real Estate Midtown, Bought with Windermere RE Greenwood
NOT LISTED FOR SALE

Estimated Value: $1,283,000 - $1,575,728

6 Beds
3 Baths
3,030 Sq Ft
$476/Sq Ft Est. Value

Last Sold July 10, 2013

Last sale price $650,000 $215 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $8,894/month

13 Days on Market

Highlights

  • Deck
  • Thermal Windows
  • Partially Fenced Property
  • West Woodland Elementary School Rated A
  • Patio
  • Wall to Wall Carpet

About This Home

As of July 2013

Well located Ballard triplex with three spacious 2 bd/1 bath units. All units feature a dining room off the kitchen, dishwasher, extra storage, and unit #825 has a private deck and fireplace. Updated electrical throughout (completed in 2007), 2 garages plus off-street parking, 2 laundry rooms, additional storage in basement and large shared backyard patio. Long-term tenants with below market rent. Located in a strong rental area with low vacancy and close to bus lines, restaurants and shops.

Last Agent to Sell the Property

Lauren Hendricks

Windermere Real Estate Midtown License #83586 Listed on: 05/12/2013

Windermere Real Estate Midtown

Last Buyer's Agent

David Sligar

Windermere RE Greenwood License #21286

Windermere RE Greenwood

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 486402

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,055

Year Built

  • Built in 1966

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50' x 100'
  • Partially Fenced Property
  • Property is in good condition

Home Design

  • Triplex
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 3,030 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 3 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Utilities

  • Cable TV Available

Community Details

  • Ballard Add Condos
  • Ballard Subdivision

Listing and Financial Details

  • Legal Lot and Block 14-15-16 / Blk 2
  • Assessor Parcel Number 0452000330

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,055

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1966
  • Buyer Agency Compensation: 3.0
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Ballard Add
  • CalculatedSquareFootage: 3030
  • Special Features: VirtualTour
  • Cumulative Days on Market: 360

Interior Features

  • Possible Use: Multi-Family, Residential
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry,See Remarks,Storage,Thermal Windows

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Cement/Concrete, Wood Products
  • Property Condition: Good
  • Structure Type: Triplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 1
  • Open Parking: Yes
  • Total Parking Spaces: 3
  • ParkingUncoveredSpaces: 1

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: Seattle
  • SewerCompany: Seattle
  • WaterCompany: Seattle
  • WaterSewerGarbage: 3000

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 0452000330
  • Lot Size Acres: 0.1148
  • Lot Size: 50' X 100'
  • Lot Size Sq Ft: 5000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,Patio
  • ZoningClass: Multi-Family,Residential
  • LotNumber: 14-15-16

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 15
  • LeasedItems: None
  • TotalMonthlyIncome: 3650

Multi Family

  • Gross Scheduled Income: 43800
  • Net Operating Income: 30613
  • Number Of Units Total: 3
  • Electric Expense: 173
  • Insurance Expense: 1540
  • Leasable Area: 3030
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2013
  • Tax Annual Amount: 6055

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2013
Closed on
Jun 27, 2013
Sold by
Nenn Theresa
Bought by
Nelson Christopher and Nelson Kristine
Seller's Agent
Lauren Hendricks
Windermere Real Estate Midtown
Buyer's Agent
David Sligar
Windermere RE Greenwood
List Price
$675,000
Sold Price
$650,000
Premium/Discount to List
-$25,000
-3.7%
Current Estimated Value
$1,442,432

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$792,432
Avg. Annual Appreciation
7.23%
Original Mortgage
$487,500
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 2004
Sold by
Aften Frederick W
Bought by
Nenn Theresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 26, 2001
Sold by
Aften Laurie L
Bought by
Aften Frederick W

Purchase Details

Closed on
Mar 8, 1999
Sold by
Christianson Judy
Bought by
Tiemeyer Karen

Purchase Details

Closed on
Jun 26, 1997
Sold by
Denadel Vernon R and Denadel Margaret Ann
Bought by
Christianson Judy and Tiemeyer Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,049
Interest Rate
7.91%
Mortgage Type
Seller Take Back
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
Nelson Christopher $649,200 Cw Title Co
Nenn Theresa $490,000 Lawyers Title
Aften Frederick W -- Evergreen Title Company Inc
Afteu Frederick W $389,000 Evergreen Title Company Inc
Tiemeyer Karen -- --
Christianson Judy $260,000 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nelson Christopher $423,930
Closed Nelson Christopher $487,500
Previous Owner Nenn Theresa $362,600
Previous Owner Nenn Theresa $392,000
Previous Owner Christianson Judy $197,049
Closed Nenn Theresa $49,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2013 07/10/13 Sold $650,000 -3.7% $215 / Sq Ft
05/26/2013 05/26/13 Pending -- -- --
05/12/2013 05/12/13 For Sale $675,000 -- $223 / 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 $12,410 $1,248,000 $1,067,000 $181,000
2023 $11,441 $1,169,000 $979,000 $190,000
2022 $11,041 $1,279,000 $924,000 $355,000
2021 $10,229 $1,164,000 $878,000 $286,000
2020 $10,577 $1,022,000 $557,000 $465,000
2018 $9,516 $1,045,000 $593,000 $452,000
2017 $8,108 $935,000 $534,000 $401,000
2016 $7,320 $820,000 $468,000 $352,000
2015 $5,836 $721,000 $418,000 $303,000
2014 -- $582,000 $300,000 $282,000
2013 -- $537,000 $277,000 $260,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 486402

Northwest Multiple Listing Service (NWMLS)

APN: 045200-0330