Listed by Coldwell Banker Danforth, Bought with Skyline Properties, Inc.
$1,000,000
SOLD SEP 16, 2016
-- Bed
-- Bath
3,652 Sq Ft
6,150 Sq Ft Lot

Recently Sold

$274 Per Sq Ft

16% Below List Price

43 Days on Market

Highlights

  • Deck
  • Partially Fenced Property
  • Wall to Wall Carpet
  • Daniel Bagley Elementary School Rated A-

About This Home

As of August 2018

Beautiful Green Lake 4-plex w/ 2 bedroom/1 bath units. All are above ground & upper units have 14 foot ceilings, fireplaces, skylights, and outdoor decks. Ground level units have garden access. 4 off-street parking spaces directly in back of building. Long term tenants are month-to-month. Always rented w/stellar tenants. Just blocks to Green Lake and easy commute access to I-5. Zoned LR3. Great opportunity to invest in the Green Lake area. Property is flanked by newer townhouses on both sides.

Last Agent to Sell the Property

Kathi Norem

Coldwell Banker Danforth License #6105 Listed on: 06/08/2016

Coldwell Banker Danforth

Last Buyer's Agent

Weijun Liang

Skyline Properties, Inc. License #113750

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 951420

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,579

Year Built

  • Built in 1950

Lot Details

  • 6,150 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Quadruplex
  • Built-Up Roof
  • Wood Composite

Interior Spaces

  • 3,652 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck

Community Details

  • Green Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0993001626

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,579

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1950
  • Buyer Agency Compensation: 3.0
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3652
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 376

Interior Features

  • Possible Use: Multi-Family, See Remarks
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Forced Air, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Storage

Exterior Features

  • Roof: Built-Up
  • Lot Features: Alley, Curbs, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • 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
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: Seattle City Light
  • SewerCompany: City of Seattle
  • WaterCompany: City of Seattle
  • WaterSewerGarbage: 5204

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 0993001626
  • Lot Size Acres: 0.1412
  • Lot Size Sq Ft: 6150
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Fenced-Partially
  • MLSLotSizeSource: CoreLogic
  • ZoningClass: Multi-Family,See Remarks

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 17
  • LeasedItems: None
  • TotalMonthlyIncome: 5645

Multi Family

  • Gross Scheduled Income: 67740
  • Net Operating Income: 51164
  • Number Of Units Total: 4
  • Insurance Expense: 1391
  • Leasable Area: 3652
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2016
  • Tax Annual Amount: 7579

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2018
Closed on
Aug 13, 2018
Sold by
Liang Weijun
Bought by
Shi Lei and Luo Xi
Seller's Agent
Camran Nazer
Skyline Properties, Inc.
Buyer's Agent
Kevin Yuen
YuenCo Real Estate LLC
List Price
$1,195,000
Sold Price
$1,300,000
Premium/Discount to List
$105,000
8.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.39%
Original Mortgage
$871,450
Interest Rate
4.5%

Purchase Details

Listed on
Jun 8, 2016
Closed on
Sep 11, 2016
Sold by
Ladas George J
Bought by
Liang Weijun
Seller's Agent
Kathi Norem
Coldwell Banker Danforth
Buyer's Agent
Weijun Liang
Skyline Properties, Inc.
List Price
$1,195,000
Sold Price
$1,000,000
Premium/Discount to List
-$195,000
-16.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.72%
Original Mortgage
$600,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 25, 1994
Sold by
Ulm Boyd H and Ulm Sandra J
Bought by
Ladas Haritine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,950
Interest Rate
7.15%

Purchase Details

Closed on
Jan 12, 1994
Sold by
Ulm Ulm B B
Bought by
Boyd Ulm
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,280,000 Ticor Title
Warranty Deed $1,000,000 First American
Warranty Deed $289,950 Chicago Title Insurance Co
Warranty Deed $988 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $834,097 New Conventional
Closed $871,450 No Value Available
Previous Owner $600,000 Adjustable Rate Mortgage/ARM
Previous Owner $100,000 No Value Available
Previous Owner $119,950 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2025 06/03/25 For Sale $1,380,000 +6.2% $378 / Sq Ft
08/15/2018 08/15/18 Sold $1,300,000 +8.8% $356 / Sq Ft
07/18/2018 07/18/18 Pending -- -- --
07/11/2018 07/11/18 For Sale $1,195,000 +19.5% $327 / Sq Ft
09/16/2016 09/16/16 Sold $1,000,000 -16.3% $274 / Sq Ft
07/22/2016 07/22/16 Pending -- -- --
06/08/2016 06/08/16 For Sale $1,195,000 -- $327 / 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 $12,747 $1,261,700 $1,260,700 $1,000
2023 $11,233 $1,261,700 $1,260,700 $1,000
2022 $12,075 $1,261,700 $1,260,700 $1,000
2021 $12,048 $1,261,700 $1,260,700 $1,000
2020 $11,224 $1,200,200 $1,199,200 $1,000
2018 $9,913 $1,009,000 $891,700 $117,300
2017 $7,977 $963,000 $738,000 $225,000
2016 $7,579 $793,000 $676,500 $116,500
2015 $6,060 $737,000 $522,700 $214,300
2014 -- $610,000 $492,000 $118,000
2013 -- $581,000 $492,000 $89,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 951420

Northwest Multiple Listing Service (NWMLS)

APN: 099300-1626