Listed by RE/MAX Northwest, Bought with Heaton Dainard, LLC
NOT LISTED FOR SALE

Estimated Value: $1,372,000 - $1,629,231

6 Beds
3 Baths
2,970 Sq Ft
$515/Sq Ft Est. Value

Last Sold September 18, 2017

Last sale price $1,400,000 $471 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $9,041/month

5 Days on Market

Highlights

  • City View
  • Wood Flooring
  • Thermal Windows
  • Garfield High School Rated A
  • Corner Lot
  • 2-minute walk to Spring Street Mini Park

About This Home

As of September 2017

Newly renovated Triplex on corner lot nestled between First Hill & Capitol Hill-one of the most desirable rental areas! 94 Walk Score: walk to SU, restaurants, bars & shops. New exterior siding, electrical, plumbing, etc. -completely renovated down to studs! Large covered porch, private unit entries, coin-op laundry room & extra storage. Spacious units feature hrdwd floors, SS appliances & thermal windows. 1 off street parking spot & City approved carport plans & permits for additional parking.

Last Agent to Sell the Property

Ann Babb-Nordling

RE/MAX Northwest License #0024408 Listed on: 08/10/2017

RE/MAX Northwest

Last Buyer's Agent

Scott Badger

Heaton Dainard, LLC License #117046

Heaton Dainard, LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1176087

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,596

Year Built

  • Built in 1902

Lot Details

  • 3,200 Sq Ft Lot
  • Corner Lot

Property Views

  • City
  • Territorial

Home Design

  • Triplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 2,970 Sq Ft Home
  • 3-Story Property
  • Thermal Windows

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Parking

  • 1 Parking Space
  • Open Parking

Schools

  • Gatzert Elementary School
  • Wash Mid Middle School
  • Garfield High School

Utilities

  • Cable TV Available

Community Details

  • First Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2254501780

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,596

Year Built

Built in 1902

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1902
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2970
  • Special Features: None

Interior Features

  • Fireplace: No
  • Flooring: Hardwood, Vinyl, Carpet
  • Interior Amenities: Hardwood, Wall to Wall Carpet
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry,Thermal Windows

Exterior Features

  • Roof: Composition
  • View: City, Territorial
  • Lot Features: Corner Lot, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Structure Type: Triplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, Natural Gas Available, Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: Seattle City Light
  • SewerCompany: Seattle Public Utilities
  • WaterCompany: Seattle Public Utilities

Schools

  • Junior High Dist: Seattle
  • High School: Garfield High
  • Middle Or Junior School: Wash Mid

Lot Info

  • Parcel Number: 2254501780
  • Lot Size Acres: 0.0735
  • Lot Size Sq Ft: 3200
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Gas Available
  • MLSLotSizeSource: Realist

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 20
  • LeasedItems: Water Tank
  • TotalMonthlyIncome: 5975

Tax Info

  • Year: 2017
  • Tax Annual Amount: 6596

Multi Family

  • Number Of Units Total: 3
  • Electric Expense: 1100
  • UnitsBelowGrade: true

MLS Schools

  • Elementary School: Gatzert

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2017
Closed on
Sep 9, 2017
Sold by
Henkel Alan B
Bought by
Henkel Elizabeth
Seller's Agent
Ann Babb-Nordling
RE/MAX Northwest
Buyer's Agent
Scott Badger
Heaton Dainard, LLC
List Price
$1,450,000
Sold Price
$1,400,000
Premium/Discount to List
-$50,000
-3.45%
Current Estimated Value
$1,529,308

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,308
Avg. Annual Appreciation
1.09%
Original Mortgage
$916,450
Outstanding Balance
$765,917
Interest Rate
3.93%
Mortgage Type
New Conventional
Estimated Equity
$763,391

Purchase Details

Closed on
May 20, 2015
Sold by
Chang Meranda
Bought by
Chang Meranda and Meranda Chang Living Trust

Purchase Details

Listed on
Jun 17, 2013
Closed on
Dec 11, 2013
Sold by
Muromoto Kim I and Tudor Gregory R
Bought by
Chang Meranda C and Chiu Whiting H
List Price
$775,000
Sold Price
$672,850
Premium/Discount to List
-$102,150
-13.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.16%
Original Mortgage
$450,000
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 13, 1992
Sold by
Tudor Marjorie A
Bought by
Tudor Gregory R and Tudor Gary A
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
Henkel Elizabeth -- Old Republic Title Ltd
Henkel Elizabeth $1,400,000 Old Republic Title Ltd
Chang Meranda -- None Available
Chang Meranda C $672,850 First American
Tudor Gregory R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Henkel Elizabeth $916,450
Previous Owner Chang Meranda C $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/18/2017 09/18/17 Sold $1,400,000 -3.4% $471 / Sq Ft
08/16/2017 08/16/17 Pending -- -- --
08/10/2017 08/10/17 For Sale $1,450,000 +115.5% $488 / Sq Ft
12/17/2013 12/17/13 Sold $672,850 -13.2% $227 / Sq Ft View Prior Sale
10/19/2013 10/19/13 Pending -- -- --
07/22/2013 07/22/13 For Sale $775,000 -- $261 / 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 $12,439 $1,308,000 $697,000 $611,000
2023 $11,723 $1,248,000 $697,000 $551,000
2022 $11,151 $1,316,000 $601,000 $715,000
2021 $10,689 $1,220,000 $546,000 $674,000
2020 $11,230 $1,110,000 $494,000 $616,000
2018 $10,240 $1,195,000 $424,000 $771,000
2017 $6,596 $1,041,000 $362,000 $679,000
2016 $6,262 $685,000 $302,000 $383,000
2015 $5,446 $635,000 $280,000 $355,000
2014 -- $564,000 $216,000 $348,000
2013 -- $473,000 $188,000 $285,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1176087

Northwest Multiple Listing Service (NWMLS)

APN: 225450-1780