Listed by COMPASS, Bought with The Preview Group
NOT LISTED FOR SALE

Estimated Value: $835,000 - $973,000

-- Bed
-- Bath
2,108 Sq Ft
$425/Sq Ft Est. Value

Last Sold March 17, 2022

Last sale price $900,000 $427 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $5,506/month

4 Days on Market

Highlights

  • Wood Flooring
  • Wood Siding
  • 1-Story Property
  • No HOA

About This Home

As of March 2022

Tenant Alert! Wonderful 2 BED/1 BATH apartment just Open for rent! Excellent location, close to businesses, close to transit centers, restaurants.

Last Agent to Sell the Property

Laura Lynn

COMPASS License #24070 Listed on: 02/11/2022

COMPASS

Last Buyer's Agent

Yordanos Afework

The Preview Group License #124861

The Preview Group

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1888267

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,911

Year Built

  • Built in 1942

Lot Details

  • 3,727

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Poured Concrete
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 2,108 Sq Ft Home
  • 1-Story Property

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 4 Parking Spaces
  • Open Parking

Additional Features

  • 3,727 Sq Ft Lot
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Hillmans C D Atlantic City Add Condos
  • Seward Park Subdivision

Listing and Financial Details

  • Legal Lot and Block 26-27-28 / 2
  • Assessor Parcel Number 3336000285

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,911

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1942
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: HILLMANS C D ATLANTIC CITY ADD
  • New Construction: No
  • CalculatedSquareFootage: 2108
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 344

Interior Features

  • Possible Use: Commercial, Multi-Family
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Vinyl, Carpet
  • Interior Amenities: Ceramic Tile, Hardwood, Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Storage

Exterior Features

  • Roof: Flat
  • Lot Features: Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Cement/Concrete, Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: SCL
  • SewerCompany: SPU
  • WaterCompany: SPU
  • WaterSewerGarbage: 5289

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 3336000285
  • Lot Size Acres: 0.0856
  • Lot Size: 3727
  • Lot Size Sq Ft: 3727
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Commercial,Multi-Family
  • LotNumber: 26-27-28

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 5200

Multi Family

  • Gross Scheduled Income: 62400
  • Net Operating Income: 47306
  • Number Of Units Total: 4
  • Electric Expense: 544
  • Insurance Expense: 3250
  • Leasable Area: 2108
  • EnergySource: Electric
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2021
  • Tax Annual Amount: 6911

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2022
Closed on
Mar 10, 2022
Sold by
Thi Tran and Thi Lam-Tuyen
Bought by
Abebe Serawit and Afework Yordanos
Seller's Agent
Laura Lynn
COMPASS
Buyer's Agent
Yordanos Afework
The Preview Group
List Price
$900,000
Sold Price
$900,000
Current Estimated Value
$890,143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,857
Avg. Annual Appreciation
0.61%
Original Mortgage
$675,000
Outstanding Balance
$635,827
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$282,909

Purchase Details

Closed on
Dec 20, 2016
Sold by
Keflu Zerai and Hagos Mulunesh
Bought by
Tran Vu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
3.57%

Purchase Details

Closed on
Oct 30, 2000
Sold by
Schmeichel Daniel and Schmeichel Edith M
Bought by
Keflu Zerai and Hagos Mulunesh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,273
Interest Rate
7.9%

Purchase Details

Closed on
Feb 28, 1990
Sold by
Anderson Anne
Bought by
Schmeichel Daniel and Schmeichel Edith
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
Abebe Serawit $900,000 Fidelity National Title
Tran Vu $425,000 First American
Keflu Zerai $230,000 Old Republic Title Ltd
Schmeichel Daniel $92,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abebe Serawit $675,000
Previous Owner Tran Vu $340,000
Previous Owner Keflu Zerai $100,000
Previous Owner Keflu Zerai $238,000
Previous Owner Keflu Zerai $228,273
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2025 03/31/25 Off Market $1,750 -- --
02/23/2025 02/23/25 For Rent $1,750 0.0% --
02/23/2025 02/23/25 Price Changed $1,750 +3.2% $3 / Sq Ft
12/17/2024 12/17/24 Off Market $1,695 -- --
11/14/2024 11/14/24 For Rent $1,695 0.0% --
03/17/2022 03/17/22 Sold $900,000 0.0% $427 / Sq Ft
02/15/2022 02/15/22 Pending -- -- --
02/11/2022 02/11/22 For Sale $900,000 -- $427 / 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 $7,583 $735,000 $335,400 $399,600
2023 $6,907 $735,000 $335,400 $399,600
2022 $6,631 $762,000 $335,400 $426,600
2021 $6,911 $674,000 $279,500 $394,500
2020 $4,977 $674,000 $279,500 $394,500
2018 $4,579 $453,000 $186,300 $266,700
2017 $4,549 $425,000 $186,300 $238,700
2016 $4,055 $441,000 $130,400 $310,600
2015 $3,411 $382,000 $130,400 $251,600
2014 -- $326,000 $130,400 $195,600
2013 -- $315,000 $130,400 $184,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1888267

Northwest Multiple Listing Service (NWMLS)

APN: 333600-0285