Listed by The Preview Group, Bought with Windermere R E Mount Baker
$1,450,000
SOLD DEC 29, 2021

8815 Fauntleroy Way SW Seattle, WA 98136

Fauntleroy Neighborhood
-- Bed
-- Bath
3,120 Sq Ft
3,920 Sq Ft Lot

Recently Sold

$465 Per Sq Ft

3% Below List Price

70 Days on Market

Highlights

  • Views of a Sound
  • Wood Flooring
  • 2-minute walk to Captian's Park
  • Deck
  • Wood Siding

About This Home

As of April 2023

There are 2 address serving the parcel: 8815 and 8817 Fauntleroy Way SW. The main home is at 8815. Unit 1 covers the main level and downstairs. DROP DEAD VIEWS of the Sound, Olympics and Fauntleroy Ferry. 2 beds, bath off master and gourmet kitchen. Lincoln park is the neighbor to the north and wonderful boutique shops and restaurants serve your desires. Via a separate entrance and above Unit 1 is Unit 2. The views do not stop. Beneath the Garage at 8817 is the Studio appt. Live on site or lease out all 3 units. Close to all services.

Last Agent to Sell the Property

Joe Coyle

The Preview Group License #8428 Listed on: 09/20/2021

The Preview Group

Last Buyer's Agent

Joe Zajonc

Windermere R E Mount Baker License #124265

Windermere R E Mount Baker

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1842447

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,684

Year Built

  • Built in 1927

Property Views

  • Views of a Sound
  • Bay
  • Mountain

Home Design

  • Triplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 3,120 Sq Ft Home
  • 3-Story Property
  • Wood Flooring

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Additional Features

  • Deck
  • 3,920 Sq Ft Lot

Community Details

  • Fauntleroy Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3524039071

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,684

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1927
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3120
  • EffectiveYearBuiltSource: Public Records
  • Special Features: VirtualTour
  • Cumulative Days on Market: 399

Interior Features

  • Possible Use: Multi-Family, Residential
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: Forced Air, Hardwood
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Bay, Mountain(s), Sound
  • View: Yes
  • Waterfront: No
  • Exterior Features: Stucco, Wood
  • Foundation Details: Poured Concrete
  • Structure Type: Triplex

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Utilities: Sewer Connected, Electric, Oil
  • WaterSewerGarbage: 1000

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 3524039071
  • Lot Size Acres: 0.09
  • Lot Size Sq Ft: 3920
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck
  • MLSLotSizeSource: king Co
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family,Residential

Green Features

  • Power Production Type: Electric, Oil

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 15
  • LeasedItems: None
  • TotalMonthlyIncome: 8200

Multi Family

  • Gross Scheduled Income: 97200
  • Net Operating Income: 81200
  • Number Of Units Total: 3
  • Insurance Expense: 1000
  • Leasable Area: 3820
  • EnergySource: Electric,Oil
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2021
  • Tax Annual Amount: 8684

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2023
Closed on
Apr 24, 2023
Sold by
John 8815 Fauntleroy Way Llc
Bought by
Doucettperry Maria
Seller's Agent
Joe Zajonc
Windermere R E Mount Baker
Buyer's Agent
Jamie Brakken
RSVP Brokers ERA
List Price
$1,100,000
Sold Price
$1,300,000
Premium/Discount to List
$200,000
18.18%
Total Days on Market
70
Views
88
Current Estimated Value
$1,309,662

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,662
Avg. Annual Appreciation
0.15%
Original Mortgage
$1,300,000
Outstanding Balance
$1,255,302
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
$49,040

Purchase Details

Listed on
Sep 20, 2021
Closed on
Dec 27, 2021
Sold by
Leet John W and Leet Jayne B
Bought by
John 8815 Fauntleroy Way Llc and David 8815 Fauntleroy Way Llc
Seller's Agent
Joe Coyle
The Preview Group
Buyer's Agent
Joe Zajonc
Windermere R E Mount Baker
List Price
$1,500,000
Sold Price
$1,450,000
Premium/Discount to List
-$50,000
-3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.88%

Purchase Details

Closed on
Aug 22, 1986
Sold by
Lall Chandler P and Maria Bonilla
Bought by
Leet John W and Leet Layne B
Source: Public Records

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Range of Values:

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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 $1,300,000 Cw Title
Warranty Deed $1,450,000 First American Title
Warranty Deed $145,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,300,000 VA
Previous Owner $922,500 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $35,000 Unknown
Previous Owner $110,000 Credit Line Revolving
Previous Owner $247,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2023 04/27/23 Sold $1,300,000 +18.2% $399 / Sq Ft
03/30/2023 03/30/23 Pending -- -- --
03/24/2023 03/24/23 For Sale $1,100,000 -24.1% $337 / Sq Ft
12/29/2021 12/29/21 Sold $1,450,000 -3.3% $465 / Sq Ft
11/29/2021 11/29/21 Pending -- -- --
09/20/2021 09/20/21 For Sale $1,500,000 -- $481 / 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 $11,836 $1,223,000 $430,000 $793,000
2023 $9,735 $1,070,000 $466,000 $604,000
2022 $9,013 $1,136,000 $398,000 $738,000
2021 $8,684 $966,000 $344,000 $622,000
2020 $8,655 $883,000 $315,000 $568,000
2018 $8,764 $880,000 $314,000 $566,000
2017 $7,924 $878,000 $341,000 $537,000
2016 $7,660 $821,000 $300,000 $521,000
2015 $6,503 $776,000 $285,000 $491,000
2014 -- $672,000 $249,000 $423,000
2013 -- $602,000 $223,000 $379,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1842447

Northwest Multiple Listing Service (NWMLS)

APN: 352403-9071