Listed by GXPlus-Realty, Bought with WPI Real Estate Services, Inc.
NOT LISTED FOR SALE

Estimated Value: $1,455,000 - $1,677,000

5 Beds
4 Baths
3,300 Sq Ft
$464/Sq Ft Est. Value

Last Sold March 24, 2015

Last sale price $705,000 $214 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $9,257/month

61 Days on Market

Highlights

  • City View
  • Hamilton International Middle School Rated A
  • Wood Siding

About This Home

As of March 2015

Investment Opportunity,excellent location in Seattle, well maintained 4-Plex , steady income producing Units. Walking distance to the University District. Well positioned to capitalize on a robust in-city rental market. Features include hardwood floors, fireplaces, tiled tub surrounds and kitchen backsplashes. There is a coin-op laundry room and plenty of parking. Great future Potential.Walk Score 92/100, (Walker's Paradise),65/100 (Good Transit) Rents way below market price. Make offers now.

Last Agent to Sell the Property

Gerhard Swiderski

GXPlus-Realty License #25375 Listed on: 12/05/2014

Last Buyer's Agent

Jane Nipius

WPI Real Estate Services, Inc. License #30464

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 722490

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,322

Year Built

  • Built in 1908

Lot Details

  • 3,880 Sq Ft Lot
  • Street terminates at a dead end
  • Property is in average condition

Property Views

  • City
  • Territorial

Home Design

  • Quadruplex
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,300 Sq Ft Home
  • 3-Story Property

Parking

  • 4 Parking Spaces
  • Open Parking

Community Details

  • Moses 2Nd Add Condos
  • University District Subdivision

Listing and Financial Details

  • Legal Lot and Block 3 / 17-2
  • Assessor Parcel Number 5676500055

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,322

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1908
  • Buyer Agency Compensation: 2
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Moses 2nd Add
  • New Construction: No
  • CalculatedSquareFootage: 3300
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 480

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry

Exterior Features

  • Roof: Composition
  • View: City, Territorial
  • Lot Features: Alley, Dead End Street
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Property Condition: Average
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 4684

Fee Information

  • Annual Fuel Expense: 629

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 5676500055
  • Lot Size Acres: 0.0891
  • Lot Size Sq Ft: 3880
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Public Records
  • ZoningClass: Multi-Family
  • LotNumber: 3

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 1937
  • LeasedItems: None
  • TotalMonthlyIncome: 3300

Multi Family

  • Gross Scheduled Income: 38607
  • Net Operating Income: 28500
  • Number Of Units Total: 4
  • Electric Expense: 1884
  • Insurance Expense: 980
  • Leasable Area: 3063
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2013
  • Tax Annual Amount: 6322

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2020
Sold by
Yang Christopher K
Bought by
Yang Tracy
Current Estimated Value
$1,529,821

Purchase Details

Listed on
Dec 5, 2014
Closed on
Mar 18, 2015
Sold by
Wang Petty P and Wang Gina R
Bought by
Yang Christopher and Yang Tracy
Seller's Agent
Gerhard Swiderski
GXPlus-Realty
Buyer's Agent
Jane Nipius
WPI Real Estate Services, Inc.
List Price
$747,888
Sold Price
$705,000
Premium/Discount to List
-$42,888
-5.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.70%
Original Mortgage
$528,750
Interest Rate
3.54%

Purchase Details

Closed on
Sep 11, 2003
Sold by
Johnson Michael R and Walton Mary S
Bought by
Wang Petty P and Wang Gina R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$317,040
Interest Rate
6.06%

Purchase Details

Closed on
Jul 5, 2001
Sold by
Johnson Michael R and Walton Mary S
Bought by
Johnson Michael R and Walton Mary S

Purchase Details

Closed on
Jun 20, 1990
Sold by
Storey Bernard J and Jo Ann
Bought by
Johnson Michael R
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
Yang Tracy -- None Available
Yang Christopher $705,000 Fidelity Natio
Wang Petty P $463,888 Transnation Ti
Johnson Michael R -- --
Johnson Michael R $217,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yang Tracy $382,071
Closed Fang Tracy Sijie $400,000
Closed Yang Christopher $528,750
Previous Owner Wang Petty P $317,040
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2015 03/24/15 Sold $705,000 -5.7% $214 / Sq Ft
02/05/2015 02/05/15 Pending -- -- --
12/05/2014 12/05/14 For Sale $747,888 -- $227 / 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 $11,837 $1,208,000 $485,000 $723,000
2023 $12,113 $1,264,000 $485,000 $779,000
2022 $10,308 $1,390,000 $368,600 $1,021,400
2021 $12,643 $1,100,000 $368,600 $731,400
2020 $12,601 $1,298,000 $368,600 $929,400
2018 $11,082 $1,212,000 $349,200 $862,800
2017 $8,049 $1,112,000 $349,200 $762,800
2016 $6,921 $826,000 $329,800 $496,200
2015 $5,796 $690,000 $291,000 $399,000
2014 -- $588,000 $213,400 $374,600
2013 -- $653,000 $232,800 $420,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 722490

Northwest Multiple Listing Service (NWMLS)

APN: 567650-0055