NOT LISTED FOR SALE

Estimated Value: $537,000 - $655,000

3 Beds
1 Bath
980 Sq Ft
$627/Sq Ft Est. Value

Last Sold September 29, 2020

Last sale price $375,000 $383 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $3,830/month

18 Days on Market

Highlights

  • 1 Fireplace
  • Garden
  • Level Lot
  • Mercer International Middle School Rated A-
  • Property is Fully Fenced
  • Wood Siding

About This Home

As of September 2020

Opportunity knocks in this Beacon Hill rambler with unfinished basement. Needs everything, but priced right! 980 sq ft on the main floor plus an additional 980 sq ft basement with 2nd bathroom and several extra rooms. Water damage in the basement will require water mitigation and clean up, but upside is substantial. Level lot on a dead end street with plenty of off street parking. Big project, big value!

Last Agent to Sell the Property

Patrick Mercado

PropertiesNW of Gig Harbor Ltd License #24129 Listed on: 06/28/2020

Last Buyer's Agent

Dawit Tensae

CENTURY 21 North Homes Realty License #124955

CENTURY 21 North Homes Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1622461

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,877

Year Built

  • Built in 1952

Lot Details

  • Street terminates at a dead end
  • Property is Fully Fenced
  • Level Lot
  • Garden

Parking

  • Off-Street Parking

Home Design

  • Bitumen Roof
  • Wood Siding
  • Wood Composite
  • Stone

Flooring

  • Wall to Wall Carpet
  • Vinyl

Additional Features

  • 1 Fireplace
  • Cable TV Available
  • Unfinished Basement

Community Details

  • Beacon Hill Community

Listing and Financial Details

  • Assessor Parcel Number 3241600005

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,877

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 16 - 1 Story W/Bsmnt.
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1952
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Floor Covering: Vinyl, Wall To Wall Carpet
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 3
  • Bathrooms: 1.00
  • Total Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Master Bedroom: Main
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Basement: Unfinished
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 1960
  • Square Footage Finished: 980
  • Square Footage Unfinished: 980

Exterior Features

  • Exterior: Stone, Wood, Wood Products
  • Roof: Torch Down

Garage/Parking

  • Parking Type: Off Street

Utilities

  • Heating And Cooling: Forced Air
  • Sewer: Sewer Connected
  • Sewer Company: City of Seattle
  • Water Company: City of Seattle
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Beacon Hill

Schools

  • School District: SEA

Lot Info

  • Lot Details: Dead End Street, Paved Street
  • Lot Sq Ft: 7800
  • Lot Topography Vegetation: Garden Space, Level
  • Parcel Number: 3241600005
  • Zoning Jurisdiction: City
  • Lot Topography: Garden Space, Level

Tax Info

  • Tax Amount: 3907

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 17, 2021
Sold by
Aregawi Merhawi
Bought by
Aregawi Merhawi and Gebrezgi Makda
Current Estimated Value
$614,266

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,328
Outstanding Balance
$294,915
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$319,351

Purchase Details

Listed on
Jun 28, 2020
Closed on
Sep 26, 2020
Sold by
Gebezgi Makda Tesfalem
Bought by
Aregawi Merhawi
Seller's Agent
Patrick Mercado
PropertiesNW of Gig Harbor Ltd
Buyer's Agent
Dawit Tensae
CENTURY 21 North Homes Realty
List Price
$260,000
Sold Price
$375,000
Premium/Discount to List
$115,000
44.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.55%
Original Mortgage
$329,307
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 22, 2020
Sold by
Deutsche Bank National Trust Company
Bought by
Aregawi Merhawi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,222
Interest Rate
2.9%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 1, 2019
Sold by
Baldwin Bridgett Y and Impac Funding Corporation
Bought by
Deutsche Bank National Trust Company and Impac Secured Assets Corp

Purchase Details

Closed on
Apr 15, 2019
Sold by
Mayberry Dirk M
Bought by
Baldwin Bridgett Y

Purchase Details

Closed on
Mar 6, 2017
Sold by
Anderson Keven Estina
Bought by
Mayberry Dirk M

Purchase Details

Closed on
Feb 7, 2017
Sold by
Baldwin Bridgett Y
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Oct 13, 2016
Sold by
Mayberry Dirk M
Bought by
Anderson Keven E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
3.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 28, 2016
Sold by
Redwater Associates Inc
Bought by
Mayberry Dirk M

Purchase Details

Closed on
Nov 28, 2013
Sold by
Dirk M Mayberry Inc
Bought by
Redwater Associates Inc

Purchase Details

Closed on
Feb 14, 2007
Sold by
Baldwin Bridgett Y and Baldwin B Y
Bought by
Dirk M Mayberry Inc

Purchase Details

Closed on
May 15, 2006
Sold by
Baldwin B Y
Bought by
Baldwin Bridgett Y

Purchase Details

Closed on
Jan 12, 2001
Sold by
Mayberry Cheryl E
Bought by
Baldwin B Y
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
Aregawi Merhawi -- Rainier Title
Aregawi Merhawi -- Servicelink
Aregawi Merhawi $375,000 Servicelink
Deutsche Bank National Trust Company $292,500 None Available
Baldwin Bridgett Y -- None Available
Mayberry Dirk M -- None Available
Deutsche Bank National Trust Company $245,550 None Available
Anderson Keven E $383,000 None Available
Mayberry Dirk M -- None Available
Redwater Associates Inc -- None Available
Dirk M Mayberry Inc -- Washington Title Company
Baldwin Bridgett Y -- Washington Title Company
Baldwin B Y -- Washington Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aregawi Merhawi $324,328
Closed Aregawi Merhawi $329,307
Previous Owner Aregawi Merhawi $60,222
Previous Owner Anderson Keven E $35,000
Previous Owner Baldwin Bridgett Y $245,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2020 09/29/20 Sold $375,000 +44.2% $383 / Sq Ft
07/16/2020 07/16/20 Pending -- -- --
06/28/2020 06/28/20 For Sale $260,000 -- $265 / 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 $5,877 $536,000 $350,000 $186,000
2023 $5,453 $501,000 $344,000 $157,000
2022 $4,992 $546,000 $327,000 $219,000
2021 $4,639 $473,000 $296,000 $177,000
2020 $4,562 $415,000 $260,000 $155,000
2018 $3,973 $391,000 $177,000 $214,000
2017 $3,303 $351,000 $156,000 $195,000
2016 $3,037 $297,000 $131,000 $166,000
2015 $2,691 $267,000 $117,000 $150,000
2014 -- $241,000 $102,000 $139,000
2013 -- $228,000 $136,000 $92,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1622461

Northwest Multiple Listing Service (NWMLS)

APN: 324160-0005