Listed by Windermere Real Estate Co., Bought with COMPASS
NOT LISTED FOR SALE

Estimated Value: $1,091,000 - $1,271,000

6 Beds
4 Baths
2,910 Sq Ft
$404/Sq Ft Est. Value

Last Sold February 27, 2024

Last sale price $1,115,000 $383 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $6,897/month

80 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Forced Air Heating System
  • Loyal Heights Elementary School Rated A-
  • No HOA
  • Partially Fenced Property

About This Home

As of February 2024

Well-maintained tri-plex ideally situated in the Greenwood/Crown Hill/Ballard neighborhood is perfect for owner-occupancy. Unit B is a spacious 3 bed, 2 bath unit with gas heat & washer/dryer - ideal for an owner occupant. Unit A is 2 bedrooms & 1 bath. Unit C is 1 bedroom & 1 bath. All have hardwood floors, kitchens w/eating space, two have fireplaces, shared laundry & storage space. Garage for 2 cars plus off street parking for 3 more cars. Long-term tenants, low vacancies and low turnover. Significant rental upside as rents are low. Zoned LR2 for future development options.

Last Agent to Sell the Property

Pamela Jensen

Windermere Real Estate Co. License #11256 Listed on: 11/07/2023

Windermere Real Estate Co.

Last Buyer's Agent

Jonny Tat

COMPASS License #22011398

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2178318

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,539

Year Built

  • Built in 1955

Lot Details

  • 5,000 Sq Ft Lot
  • Partially Fenced Property
  • Property is in good condition

Home Design

  • Triplex
  • Brick Exterior Construction
  • Concrete Foundation
  • Poured Concrete
  • Composition Roof

Interior Spaces

  • 2,910 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Parking

  • 5 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Greenwood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7818700275

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,539

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1955
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2910
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Hardwood, Vinyl, Carpet
  • Interior Amenities: Hardwood, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Basement,Storage

Exterior Features

  • Roof: Composition
  • Lot Features: Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Brick
  • Foundation Details: Concrete Ribbon, Poured Concrete
  • Property Condition: Good
  • Structure Type: Triplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 3
  • Open Parking: Yes
  • Total Parking Spaces: 5
  • ParkingUncoveredSpaces: 3

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • PowerCompany: Seattle City Light
  • SewerCompany: City of Seattle
  • WaterCompany: City of Seattle
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 7818700275
  • Lot Size Acres: 0.1148
  • Lot Size Sq Ft: 5000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,Gas Available
  • MLSLotSizeSource: PKCR
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • GrossRentMultiplier: 18
  • LeasedItems: None
  • TotalMonthlyIncome: 5550

Multi Family

  • Gross Scheduled Income: 66600
  • Net Operating Income: 57809
  • Number Of Units Total: 3
  • Insurance Expense: 1252
  • Leasable Area: 2910
  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2023
  • Tax Annual Amount: 7539

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 2, 2025
Sold by
Brand Erik S and Brand Lay L
Bought by
D & M Llc
Current Estimated Value
$1,174,906

Purchase Details

Listed on
Nov 7, 2023
Closed on
Feb 14, 2024
Sold by
Daniels Lawrence C and Daniels Catherine Anne
Bought by
Brand Erik S and Brand Lay L
Seller's Agent
Pamela Jensen
Windermere Real Estate Co.
Buyer's Agent
Jonny Tat
COMPASS
List Price
$1,195,000
Sold Price
$1,115,000
Premium/Discount to List
-$80,000
-6.69%
Views
34

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.24%
Original Mortgage
$836,250
Interest Rate
6.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 2004
Sold by
Williams Joel T
Bought by
Daniels Lawrence C and Hatch Daniels Catherine Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
4.56%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 17, 2001
Sold by
Lawler Keith F and Lawler Maurya B
Bought by
Williams Joel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,063
Interest Rate
7.03%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 20, 2000
Sold by
Federal National Mortgage Association
Bought by
Lawler Keith F and Lawler Maurya B
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
D & M Llc $313 None Listed On Document
Brand Erik S $1,115,000 Chicago Title
Daniels Lawrence C $455,000 Old Republic T
Williams Joel $333,950 Stewart Title
Lawler Keith F -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brand Erik S $836,250
Previous Owner Daniels Lawrence C $292,000
Previous Owner Williams Joel $305,063
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2024 02/27/24 Sold $1,115,000 -2.2% $383 / Sq Ft
01/26/2024 01/26/24 Pending -- -- --
01/16/2024 01/16/24 Price Changed $1,140,000 -4.6% $392 / Sq Ft
11/07/2023 11/07/23 For Sale $1,195,000 -- $411 / 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 $8,227 $793,000 $450,000 $343,000
2023 $7,929 $781,000 $627,000 $154,000
2022 $7,226 $829,000 $560,000 $269,000
2021 $6,458 $732,000 $510,000 $222,000
2020 $6,451 $617,000 $425,000 $192,000
2018 $7,374 $647,000 $408,000 $239,000
2017 $6,065 $711,000 $357,000 $354,000
2016 $5,526 $599,000 $301,000 $298,000
2015 $4,772 $544,000 $274,000 $270,000
2014 -- $479,000 $245,000 $234,000
2013 -- $436,000 $223,000 $213,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2178318

Northwest Multiple Listing Service (NWMLS)

APN: 781870-0275