NOT LISTED FOR SALE

Estimated Value: $980,000 - $1,263,000

-- Bed
-- Bath
3,248 Sq Ft
$351/Sq Ft Est. Value

Last Sold June 01, 2022

Last sale price $1,225,000 $377 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $7,271/month

3 Days on Market

About This Home

As of June 2022

Cash flowing 4-plex in West Seattle. Spacious 2 bedroom units with private balconies and gated access. Two units have been fully remodeled. The fully remodeled units feature granite countertops, hardwood flooring and stainless steel appliances. Available storage space.

Last Agent to Sell the Property

Joe Kinkopf

Northmarq Commercial, LLC Listed on: 04/19/2022

Last Buyer's Agent

James Minkley

Kelly Right RE of Seattle LLC License #24345

Kelly Right RE of Seattle LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1919051

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,234

Year Built

  • Built in 1979

Lot Details

  • 5,917 Sq Ft Lot

Home Design

  • Quadruplex
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,248 Sq Ft Home
  • 2-Story Property

Parking

  • 8 Parking Spaces
  • Open Parking

Community Details

  • No Home Owners Association
  • Delridge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 9485700201

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,234

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1979
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3248
  • Special Features: None
  • Cumulative Days on Market: 284

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Stucco
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 8
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 8

Utilities

  • Sewer: Sewer Connected
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 14266

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 9485700201
  • Lot Size Acres: 0.1358
  • Lot Size Sq Ft: 5917
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: King County Assessor
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 15
  • LeasedItems: None
  • TotalMonthlyIncome: 6546

Multi Family

  • Gross Scheduled Income: 78552
  • Net Operating Income: 41285
  • Number Of Units Total: 4
  • Insurance Expense: 1600
  • Leasable Area: 3248
  • EnergySource: Electric
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2021
  • Tax Annual Amount: 9234

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2022
Closed on
May 24, 2022
Sold by
Sumner Meadows Llc
Bought by
Ganji Yusof and Niktab Homa
Seller's Agent
Joe Kinkopf
Northmarq Commercial, LLC
Buyer's Agent
James Minkley
Kelly Right RE of Seattle LLC
List Price
$1,150,000
Sold Price
$1,225,000
Premium/Discount to List
$75,000
6.52%
Total Days on Market
3
Current Estimated Value
$1,141,439

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$83,561
Avg. Annual Appreciation
-1.19%
Original Mortgage
$918,750
Outstanding Balance
$879,268
Interest Rate
5.11%
Mortgage Type
New Conventional
Estimated Equity
$302,133

Purchase Details

Listed on
May 22, 2019
Closed on
Jul 1, 2019
Sold by
Daniels Boyd and Daniels Esther
Bought by
Summer Meadows Llc
Seller's Agent
Steve Fischer
Northmarq Multifamily, LLC
List Price
$965,000
Sold Price
$925,000
Premium/Discount to List
-$40,000
-4.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.25%
Original Mortgage
$600,000
Interest Rate
3.7%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
May 14, 2008
Sold by
Delridge Apartments Llc
Bought by
Daniels Boyd and Daniels Esther

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$338,062
Interest Rate
5.88%

Purchase Details

Closed on
Oct 19, 2005
Sold by
Harms Kenneth R and Harms Donna Rae
Bought by
Delridge Apartments Llc

Purchase Details

Closed on
Feb 17, 1999
Sold by
Harris Robert H and Harris Sylvia R
Bought by
Harms Kenneth R and Harms Donna Rae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
6.77%
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
Ganji Yusof $1,225,000 Chicago Title
Summer Meadows Llc $925,000 Chicago Title Ins Co
Daniels Boyd $450,750 Fidelity National Title
Delridge Apartments Llc -- --
Harms Kenneth R $235,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ganji Yusof $918,750
Previous Owner Sumner Meadows Llc $600,000
Previous Owner Daniels Boyd $518,000
Previous Owner Daniels Boyd $324,000
Previous Owner Daniels Boyd $290,750
Previous Owner Daniels Boyd $338,062
Previous Owner Harms Kenneth R $188,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2022 06/01/22 Sold $1,225,000 +6.5% $377 / Sq Ft
04/22/2022 04/22/22 Pending -- -- --
04/19/2022 04/19/22 For Sale $1,150,000 +24.3% $354 / Sq Ft
07/15/2019 07/15/19 Sold $925,000 -4.1% $285 / Sq Ft
06/25/2019 06/25/19 Pending -- -- --
06/20/2019 06/20/19 For Sale $965,000 0.0% $297 / Sq Ft
06/17/2019 06/17/19 Pending -- -- --
06/17/2019 06/17/19 For Sale $965,000 0.0% $297 / Sq Ft
05/29/2019 05/29/19 Pending -- -- --
05/22/2019 05/22/19 For Sale $965,000 -- $297 / 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 $10,730 $1,047,000 $443,700 $603,300
2023 $9,315 $1,025,000 $443,700 $581,300
2022 $9,235 $1,030,000 $414,100 $615,900
2021 $9,537 $944,000 $414,100 $529,900
2020 $8,730 $934,000 $414,100 $519,900
2018 $5,670 $597,000 $355,000 $242,000
2017 $5,114 $522,000 $325,400 $196,600
2016 $4,560 $486,000 $295,800 $190,200
2015 $3,901 $421,000 $295,800 $125,200
2014 -- $365,000 $295,800 $69,200
2013 -- $365,000 $295,800 $69,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1919051

Northwest Multiple Listing Service (NWMLS)

APN: 948570-0201