Listed by KW Greater Seattle, Bought with Olaie
NOT LISTED FOR SALE

8430 Delridge Way SW Seattle, WA 98106

South Delridge Neighborhood

Estimated Value: $1,167,716 - $1,289,000

-- Bed
-- Bath
3,460 Sq Ft
$351/Sq Ft Est. Value

Last Sold April 20, 2018

Last sale price $900,000 $260 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $7,471/month

1 Day on Market

About This Home

As of April 2018

Great location on this West Seattle 4-Plex with easy access to bus and freeway and minutes to hip Alaska Junction or downtown Seattle. Very little turn over in the building. Each unit has W/D and two off-street parking spaces. Some units have had major kitchen and bath upgrades and rents are below market. Raise rents for major investor upside or decrease living expenses overtime as owner occupant!

Last Agent to Sell the Property

Patrik Warneke

KW Greater Seattle License #23004822 Listed on: 03/23/2018

KW Greater Seattle

Co-Listed By

Kendra Todd

KW Greater Seattle License #23154

Last Buyer's Agent

Yi Liu

Olaie License #25014180

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1261991

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,521

Year Built

  • Built in 1987

Lot Details

  • 5,199

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 3,460 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Laminate
  • Concrete

Parking

  • 8 Parking Spaces
  • Open Parking

Additional Features

  • 5,199 Sq Ft Lot
  • Cable TV Available

Community Details

  • Liberty Div #1 Condos
  • Westwood Subdivision

Listing and Financial Details

  • Legal Lot and Block 22 / 8
  • Assessor Parcel Number 4302201170

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,521

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1987
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Liberty Div #1
  • New Construction: No
  • CalculatedSquareFootage: 3460
  • Special Features: None
  • Cumulative Days on Market: 345

Interior Features

  • Possible Use: Commercial, Multi-Family, Residential
  • Fireplace: No
  • Flooring: Concrete, Hardwood, Laminate
  • Interior Amenities: Concrete, Hardwood, Laminate Hardwood
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Metal/Vinyl
  • Foundation Details: Poured Concrete
  • 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
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: Seattle
  • SewerCompany: Seattle
  • WaterCompany: Seattle
  • WaterSewerGarbage: 0

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 4302201170
  • Lot Size Acres: 0.1194
  • Lot Size Sq Ft: 5199
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Commercial,Multi-Family,Residential
  • LotNumber: 22

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 4500

Tax Info

  • Year: 2017
  • Tax Annual Amount: 5521

Multi Family

  • Number Of Units Total: 4
  • Leasable Area: 3460
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2018
Closed on
Apr 6, 2018
Sold by
Mccormick Ann
Bought by
Zhan Zhen and Han Shan
Seller's Agent
Patrik Warneke
KW Greater Seattle
Buyer's Agent
Yi Liu
Olaie
List Price
$799,950
Sold Price
$900,000
Premium/Discount to List
$100,050
12.51%
Current Estimated Value
$1,220,777

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$320,777
Avg. Annual Appreciation
3.93%
Original Mortgage
$675,000
Interest Rate
4.46%

Purchase Details

Listed on
Nov 2, 2015
Closed on
Feb 22, 2016
Sold by
Dogan Erdinc
Bought by
Mccormick Ann
Seller's Agent
Theresa Neal
Agile Property Management LLC
Buyer's Agent
Patrik Warneke
KW Greater Seattle
List Price
$560,000
Sold Price
$540,000
Premium/Discount to List
-$20,000
-3.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.10%
Original Mortgage
$517,856
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 14, 2008
Sold by
Turpen Paul G and Turpen Rebecca J
Bought by
Dogan Erdinc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$447,000
Interest Rate
6.04%

Purchase Details

Closed on
Sep 15, 1986
Sold by
Turpen Ronald L and Turpen Lauren A
Bought by
Turpen Paul G and Turpen Rebecca J
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
Zhan Zhen $900,000 Old Republic Title Ltd
Mccormick Ann $540,000 Ticor National
Dogan Erdinc $560,000 Stewart Title
Turpen Paul G $162,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhan Zhen $659,000
Closed Zhan Zhen $675,000
Previous Owner Mccormick Ann $524,000
Previous Owner Mccormick Ann $517,856
Previous Owner Dogan Erdinc $447,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2018 04/20/18 Sold $900,000 +12.5% $260 / Sq Ft
03/24/2018 03/24/18 Pending -- -- --
03/23/2018 03/23/18 For Sale $799,950 +48.1% $231 / Sq Ft
03/04/2016 03/04/16 Sold $540,000 -3.6% $156 / Sq Ft
01/14/2016 01/14/16 Pending -- -- --
11/02/2015 11/02/15 For Sale $560,000 -- $162 / 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 $9,835 $964,000 $389,900 $574,100
2023 $9,145 $963,000 $389,900 $573,100
2022 $9,393 $1,023,000 $363,900 $659,100
2021 $9,754 $974,000 $363,900 $610,100
2020 $9,052 $968,000 $363,900 $604,100
2018 $6,048 $670,000 $311,900 $358,100
2017 $5,521 $570,000 $285,900 $284,100
2016 $5,052 $538,000 $259,900 $278,100
2015 $4,323 $480,000 $259,900 $220,100
2014 -- $417,000 $259,900 $157,100
2013 -- $417,000 $259,900 $157,100
Source: Public Records

Agents Affiliated with this Home

  • Patrik Warneke

    Seller's Agent in 2018

    Patrik Warneke

    KW Greater Seattle

    (206) 920-6540

    1 in this area

    69 Total Sales

    Section Image
  • Kendra Todd

    Seller Co-Listing Agent in 2018

    Kendra Todd

    KW Greater Seattle

    1 in this area

    298 Total Sales

    Section Image

  • Y

    Buyer's Agent in 2018

    Yi Liu

    Olaie

    (206) 395-4368

    129 Total Sales

    Section Image
  • Theresa Neal

    Seller's Agent in 2016

    Theresa Neal

    Agile Property Management LLC

    (425) 248-5603

    15 Total Sales

    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1261991

Northwest Multiple Listing Service (NWMLS)

APN: 430220-1170

Washington King County Seattle 98106 South Delridge

8430 Delridge Way SW, Seattle, WA

This home is located at 8430 Delridge Way SW, Seattle, WA 98106 since 23 March 2018 and is currently estimated at $1,214,239, approximately $350 per square foot. This property was built in 1987. 8430 Delridge Way SW is a home located in King County with nearby schools including Highland Park Elementary School, Denny Middle School, and Chief Sealth High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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