Seller's Agent in 2022
Joe Kinkopf
Northmarq Commercial, LLC
(206) 321-8344
Listed by Northmarq Multifamily, LLC
8409 Delridge Way SW Seattle, WA 98106
South Delridge Neighborhood
--
Bed
--
Bath
3,248
Sq Ft
5,917
Sq Ft Lot
About This Home
As of June 2022Cashflowing 4-plex in West Seattle. 6.1% Cap in place with upside. 2 units completely remodeled. All 2 bed units with upper units have 1.5 baths. Owner is painting exterior of the building and finishing a landscaping project.
Last Agent to Sell the Property
Northmarq Multifamily, LLC License #87455 Listed on: 05/22/2019
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 1462154
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,628
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
- Delridge Subdivision
Listing and Financial Details
- Assessor Parcel Number 9485700201
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
34
Current Estimated Value
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%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,225,000 | Chicago Title | |
| Warranty Deed | $925,000 | Chicago Title Ins Co | |
| Warranty Deed | $450,750 | Fidelity National Title | |
| Warranty Deed | -- | -- | |
| Warranty Deed | $235,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $918,750 | New Conventional | |
| Previous Owner | $600,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $518,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $324,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $290,750 | No Value Available | |
| Previous Owner | $338,062 | No Value Available | |
| Previous Owner | $188,000 | No Value Available |
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
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
-
-
James Minkley
Buyer's Agent in 2022
James Minkley
Kelly Right RE of Seattle LLC
(206) 818-8383
1 in this area
6 Total Sales
-
Steve Fischer
Seller's Agent in 2019
Steve Fischer
Northmarq Multifamily, LLC
39 Total Sales
-
Tyler Smith
Seller Co-Listing Agent in 2019
Tyler Smith
Northmarq Multifamily, LLC
(206) 505-9425
25 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 1462154
APN: 948570-0201
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Based on information submitted to the MLS GRID
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