NOT LISTED FOR SALE

Estimated Value: $1,275,000 - $2,025,000

-- Bed
-- Bath
3,220 Sq Ft
$503/Sq Ft Est. Value

Last Sold June 17, 2019

Last sale price $1,000,000 $311 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $9,830/month

48 Days on Market

About This Home

As of June 2019

The Keystone Apartments is a fourplex with immediate rental upside. There are 9 onsite parking spaces. New windows and boiler with several upgrades to the units.

Last Listed By

Travis Kannier

Westlake Associates, Inc. License #79950 Listed on: 02/19/2019

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1412237

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,152

Year Built

  • Built in 1969

Lot Details

  • 6,000 Sq Ft Lot

Home Design

  • Quadruplex
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 3,220 Sq Ft Home
  • 2-Story Property

Parking

  • 9 Parking Spaces
  • Open Parking

Community Details

  • Issaquah Subdivision

Listing and Financial Details

  • Assessor Parcel Number 8843900330

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,152

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1969
  • Buyer Agency Compensation: 2
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3220
  • Special Features: None
  • Cumulative Days on Market: 307

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Alley
  • View: No
  • Waterfront: No
  • Exterior Features: Metal/Vinyl
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 9
  • Open Parking: Yes
  • Total Parking Spaces: 9
  • ParkingUncoveredSpaces: 9

Utilities

  • Sewer: Sewer Connected
  • Heating Yn: Yes
  • Utilities: Natural Gas Available, Sewer Connected, Natural Gas Connected
  • WaterSewerGarbage: 1040

Fee Information

  • Annual Fuel Expense: 1100

Schools

  • Junior High Dist: Issaquah

Lot Info

  • Parcel Number: 8843900330
  • Lot Size Acres: 0.1377
  • Lot Size Sq Ft: 6000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Gas Available
  • MLSLotSizeSource: King County Assessor
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 16
  • LeasedItems: None
  • TotalMonthlyIncome: 5915

Multi Family

  • Gross Scheduled Income: 70080
  • Net Operating Income: 53467
  • Number Of Units Total: 4
  • Electric Expense: 60
  • Insurance Expense: 912
  • Leasable Area: 3220
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2018
  • Tax Annual Amount: 8152

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 23, 2020
Sold by
Glenn Robert and Glenn Teresa P
Bought by
Hansen Conor J and Hansen Andria D
Total Days on Market
48
Current Estimated Value
$1,618,184

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$865,000
Outstanding Balance
$782,237
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$1,056,632

Purchase Details

Listed on
Feb 19, 2019
Closed on
May 22, 2019
Sold by
Lin Grace C F
Bought by
Hansen Conor J and Hansen Andria D
Seller's Agent
Travis Kannier
Westlake Associates, Inc.
List Price
$1,150,000
Sold Price
$1,000,000
Premium/Discount to List
-$150,000
-13.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.74%
Original Mortgage
$850,000
Interest Rate
6.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 7, 2019
Sold by
Lin Grace Cf
Bought by
Rlt Lin Grace Cf and Grace C F Lin Rlt

Purchase Details

Closed on
Feb 20, 2015
Sold by
Lin Cheng Nan and Lin Grace Cf
Bought by
Cheng Nan Lin & Grace C F Lin Living Tru

Purchase Details

Closed on
Nov 27, 2006
Sold by
Lin Cheng Nan and Lin Grace C F
Bought by
Lin Cheng Nan and Lin Grace C F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
6.37%

Purchase Details

Closed on
Dec 29, 1997
Sold by
Petrisor Cornel and Petrisor Rodica
Bought by
Lin Cheng Nan and Lin Grace C F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,500
Interest Rate
7.12%

Purchase Details

Closed on
Apr 14, 1995
Sold by
Tahn Associates
Bought by
Petrisor Cornel and Petrisor Rodica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
8.6%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Hansen Conor J -- Fidelity National Title
Hansen Conor J -- First American Title
Rlt Lin Grace Cf -- None Available
Lin Grace C F -- None Available
Cheng Nan Lin & Grace C F Lin Living Tru -- None Available
Lin Cheng Nan -- The Talon Grou
Lin Cheng Nan $343,000 Pacific Northwest Title Co
Petrisor Cornel $225,000 Chicago Title Insurance Co
Tahn Associates -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hansen Conor J $865,000
Closed Hansen Conor J $850,000
Previous Owner Lin Cheng Nan $228,000
Previous Owner Lin Cheng Nan $245,000
Previous Owner Lin Cheng Nan $256,500
Previous Owner Petrisor Cornel $190,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2019 06/17/19 Sold $1,000,000 -13.0% $311 / Sq Ft
04/08/2019 04/08/19 Pending -- -- --
04/02/2019 04/02/19 For Sale $1,150,000 0.0% $357 / Sq Ft
03/21/2019 03/21/19 Pending -- -- --
03/19/2019 03/19/19 Price Changed $1,150,000 -11.5% $357 / Sq Ft
02/19/2019 02/19/19 For Sale $1,300,000 -- $404 / 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 $8,967 $1,087,000 $660,000 $427,000
2023 $9,456 $1,222,000 $600,000 $622,000
2022 $9,751 $1,245,000 $420,000 $825,000
2021 $10,320 $1,053,000 $300,000 $753,000
2020 $9,315 $1,036,000 $300,000 $736,000
2018 $8,152 $794,000 $225,000 $569,000
2017 $6,948 $791,000 $210,000 $581,000
2016 $6,248 $700,000 $180,000 $520,000
2015 $5,592 $618,000 $180,000 $438,000
2014 -- $544,000 $180,000 $364,000
2013 -- $500,000 $186,000 $314,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1412237

Northwest Multiple Listing Service (NWMLS)

APN: 884390-0330