Listed by Skyline Properties, Inc.
NOT LISTED FOR SALE
-- Bed
-- Bath
12,008 Sq Ft
5,125 Sq Ft Lot

Sale Details

Date Sold: April 30, 2020

Last sale price $5,725,000 $477 Per Sq Ft

90 Days on Market

Highlights

  • Built in 2018 | Newly Remodeled
  • Thermal Windows
  • Vinyl Flooring
  • Daniel Bagley Elementary School Rated A-
  • Property is in very good condition

About This Home

As of April 2020

Built in 2018, the Midvale Apts consist of 20 units, Built Green with large open floorplans and views of downtown and Mt Rainier, they have granite counters, heat-pump heating and air conditioning, on-demand hot water supply, tile back-splashes and crown molding, high end stainless steel KitchenAid appliances, and washers and dryers in unit. Noise reduction includes triple pane windows, and an additional thick cork underlayment for condo quality sound barriers. High quality finishes throughout.

Last Agent to Sell the Property

Mace Erickson

Skyline Properties, Inc. License #24105 Listed on: 10/08/2019

Skyline Properties, Inc.

Co-Listed By

Sam Ghanim

Skyline Properties, Inc. License #135586

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1528671

Northwest Multiple Listing Service (NWMLS)
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $41,930

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • 5,125 Sq Ft Lot
  • Property is in very good condition

Parking

  • Open Parking

Home Design

  • Poured Concrete

Interior Spaces

  • 12,008 Sq Ft Home
  • Thermal Windows
  • Vinyl Flooring

Utilities

  • Heat Pump System

Community Details

  • Greenwood Subdivision
  • 5-Story Property

Listing and Financial Details

  • Assessor Parcel Number 0993001580

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$41,930

Year Built

Built in 2018 | Newly Remodeled

Lot Details

5,125 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 2018
  • Buyer Agency Compensation: 1.75%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: Yes
  • Structure Type: Multi Family
  • CalculatedSquareFootage: 12008
  • EffectiveYearBuiltSource: Public Records
  • NewConstruction: Completed
  • Special Features: NewHome

Interior Features

  • Fireplace: No
  • Flooring: Vinyl
  • Interior Amenities: Heat Pump
  • Stories: 5
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Fire Sprinklers,Thermal Windows

Exterior Features

  • Roof: See Remarks
  • View: No
  • Waterfront: No
  • Exterior Features: Cement/Concrete
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good

Garage/Parking

  • Carport Y N: No
  • Open Parking: Yes
  • Total Parking Spaces: 5

Utilities

  • Sewer: Sewer Connected
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 0993001580
  • Lot Size Acres: 0.1177
  • Lot Size Sq Ft: 5125
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: King County Dept of Assessment

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 16
  • LeasedItems: None
  • TotalMonthlyIncome: 421332

Tax Info

  • Year: 2019
  • Tax Annual Amount: 41930

Multi Family

  • Number Of Units Total: 20
  • UnitsBelowGrade: true

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2019
Closed on
Apr 28, 2020
Sold by
Bought by
Seller's Agent
Mace Erickson
Skyline Properties, Inc.
List Price
$6,295,000
Sold Price
$5,725,000
Premium/Discount to List
-$570,000
-9.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$348,091
Interest Rate
3.5%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jun 16, 2015
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$445,600
Interest Rate
3.77%

Purchase Details

Closed on
Dec 4, 2013
Sold by
Bought by

Purchase Details

Closed on
Sep 10, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,943
Interest Rate
4.38%

Purchase Details

Closed on
Sep 8, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,943
Interest Rate
4.38%

Purchase Details

Closed on
Sep 12, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,400
Interest Rate
3.67%

Purchase Details

Closed on
Jun 18, 1998
Sold by
Bought by

Purchase Details

Closed on
Oct 13, 1995
Sold by
Bought by

Purchase Details

Closed on
Oct 2, 1995
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$5,725,000 None Available
$557,000 Fidelity Natio
-- None Available
-- Stewart Title
-- Stewart
$323,000 Pacific Nw Tit
-- Pacific Northwest Title
-- Chicago Title Insurance Co
$150,000 Evergreen Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $400,000
Previous Owner $3,050,000
Previous Owner $445,600
Previous Owner $294,943
Previous Owner $258,400
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/30/2020 04/30/20 Sold $5,725,000 -4.5% $477 / Sq Ft
01/06/2020 01/06/20 Pending -- -- --
11/13/2019 11/13/19 Price Changed $5,995,000 -4.8% $499 / Sq Ft
10/08/2019 10/08/19 For Sale $6,295,000 -- $524 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $50,990 $5,065,000 $1,050,600 $4,014,400
2024 $43,097 $4,608,000 $1,050,600 $3,557,400
2023 $44,814 $5,109,000 $1,050,600 $4,058,400
2022 $44,822 $5,442,000 $1,050,600 $4,391,400
2021 $52,187 $5,009,000 $1,050,600 $3,958,400
2020 $51,788 $5,545,000 $999,300 $4,545,700
2018 $5,222 $4,953,000 $743,100 $4,209,900
2017 $5,467 $499,000 $499,000 $0
2016 $5,079 $543,000 $420,000 $123,000
2015 -- $493,000 $382,000 $111,000
2014 -- $434,000 $342,000 $92,000
2013 -- $395,000 $326,000 $69,000
Source: Public Records

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1528671

Northwest Multiple Listing Service (NWMLS)
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