NOT LISTED FOR SALE

Estimated Value: $668,000 - $1,117,000

4 Beds
4 Baths
3,350 Sq Ft
$255/Sq Ft Est. Value

Last Sold August 21, 2014

Last sale price $400,000 $119 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $5,404/month

19 Days on Market

Highlights

  • Views of a Sound
  • Secluded Lot
  • Cul-De-Sac
  • Deck
  • Thermal Windows
  • Patio

About This Home

As of August 2014

Great Investment opportunity! 2-1675 sq. ft. units. Freshly painted, newer appliances all remain. Updated baths, vaulted ceilings, 3 BR, 2 baths, lower BR could be a nice family room with wet-bar. Huge laundry rm. Unit A has nice Sound & Mt view to enjoy sunsets & Marina activity, Unit B has peek view of same. Both units have upper decks & lower patios. Port insulation Package. Easy walk to Marina & all amenities. 3 tandem parking spaces for 6 cars. Private location on cul-de-sac of 5 duplexes.

Candice Oftebro

COMPASS License #112081 Listed on: 05/15/2014

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 619762

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,414

Year Built

  • Built in 1980

Lot Details

  • 9,670 Sq Ft Lot
  • Cul-De-Sac
  • Partially Fenced Property
  • Secluded Lot
  • Property is in good condition

Property Views

  • Views of a Sound
  • Mountain
  • Territorial
  • Limited

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,350 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 6 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Schools

  • DES Moines Elementary School
  • Pacific Mid Middle School
  • Highline High School

Utilities

  • Cable TV Available

Community Details

  • Landmark Estates Condos
  • Downtown Des Moines Subdivision

Listing and Financial Details

  • Legal Lot and Block 5 / 1
  • Assessor Parcel Number 4180300050

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,414

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1980
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Landmark Estates
  • New Construction: No
  • CalculatedSquareFootage: 3350
  • Special Features: None
  • Cumulative Days on Market: 311

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: Energy Package,Storage,Thermal Windows

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Partial, Sound, Territorial
  • Lot Features: Cul-De-Sac, Paved, Secluded
  • View: Yes
  • Waterfront: No
  • Exterior Features: Stucco
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 6
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 6

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: Midway
  • WaterCompany: 54
  • WaterSewerGarbage: 1536

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Fee Information

  • Annual Fuel Expense: 200

Schools

  • Junior High Dist: Highline
  • High School: Highline High
  • Middle Or Junior School: Pacific Mid

Lot Info

  • Parcel Number: 4180300050
  • Lot Size Acres: 0.222
  • Lot Size Sq Ft: 9670
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,Patio
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family,Residential
  • LotNumber: 5

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 18
  • LeasedItems: None
  • TotalMonthlyIncome: 2300

Multi Family

  • Gross Scheduled Income: 27600
  • Net Operating Income: 16393
  • Number Of Units Total: 2
  • Insurance Expense: 1836
  • Leasable Area: 3350
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2013
  • Tax Annual Amount: 4414

MLS Schools

  • Elementary School: Des Moines Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2014
Closed on
Aug 1, 2014
Sold by
Casperson Paul and Casperson Rebecca A
Bought by
Aggen Paulette S
Buyer's Agent
Candice Oftebro
COMPASS
List Price
$429,000
Sold Price
$400,000
Premium/Discount to List
-$29,000
-6.76%
Total Days on Market
19
Current Estimated Value
$854,761

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$454,761
Avg. Annual Appreciation
7.90%
Original Mortgage
$400,000
Interest Rate
4.1%
Mortgage Type
VA

Purchase Details

Closed on
Apr 16, 1998
Sold by
Brokaw Rebecca A
Bought by
Casperson Paul and Casperson Rebecca A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,750
Interest Rate
7.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 9, 1995
Sold by
Starkovich John and Starkovich Johanna C
Bought by
Brokaw Rebecca A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
9.29%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 29, 1994
Sold by
Starkovich John and Starkovich Johanna C
Bought by
Starkovich John A and Cashman Bonnie Jo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
9.29%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 24, 1992
Sold by
Starkovich John and Starkovich Johanna C
Bought by
Starkovich John and Starkovich Johanna C

Purchase Details

Closed on
Mar 11, 1992
Sold by
Marsh Linda L
Bought by
Starkovich John and Starkovich Johanna C
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
Aggen Paulette S $400,000 First American
Casperson Paul -- Pacific Northwest Title
Brokaw Rebecca A $215,000 First American Title
Starkovich John A -- --
Starkovich John -- --
Starkovich John -- --
Starkovich John $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aggen Paulette S $373,747
Closed Aggen Paulette S $401,428
Closed Aggen Paulette S $400,000
Previous Owner Casperson Paul $218,000
Previous Owner Casperson Paul $192,750
Previous Owner Brokaw Rebecca A $172,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2014 08/21/14 Sold $400,000 -6.8% $119 / Sq Ft
06/27/2014 06/27/14 Pending -- -- --
06/07/2014 06/07/14 For Sale $429,000 -- $128 / 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 $7,437 $583,000 $233,000 $350,000
2023 $9,562 $750,000 $190,000 $560,000
2022 $8,724 $814,000 $183,000 $631,000
2021 $8,083 $651,000 $150,000 $501,000
2020 $7,711 $570,000 $131,000 $439,000
2018 $6,821 $490,000 $120,000 $370,000
2017 $5,638 $442,000 $115,000 $327,000
2016 $5,076 $364,000 $105,000 $259,000
2015 $4,756 $332,000 $98,000 $234,000
2014 -- $309,000 $93,000 $216,000
2013 -- $240,000 $85,000 $155,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 619762

Northwest Multiple Listing Service (NWMLS)

APN: 418030-0050