Listed by Windermere Real Estate Midtown, Bought with Coldwell Banker Danforth
NOT LISTED FOR SALE

Estimated Value: $942,000 - $1,056,000

4 Beds
2 Baths
2,070 Sq Ft
$476/Sq Ft Est. Value

Last Sold October 02, 2015

Last sale price $562,500 $272 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $5,947/month

20 Days on Market

Highlights

  • Deck
  • Thermal Windows
  • Wood Siding
  • Greenwood Elementary School Rated A-
  • Partially Fenced Property
  • 2-minute walk to Greenwood Park

About This Home

As of October 2015

Great owner-occupied duplex or investment property. Both units are 2bd/1 bth with excellent floor plans featuring a large living room, separate dining room, deck or patio, W/D in unit & wood burning fireplaces. Long-term tenants enjoy the spacious units, private partially fenced yard, off-street parking and the close proximity to downtown/Hwy 99/I-5 and the numerous shops & restaurants along Greenwood & Phinney Ave. Easy to manage, low-maintenance investment w/ significant rental upside.

Last Agent to Sell the Property

Lauren Hendricks

Windermere Real Estate Midtown License #83586 Listed on: 08/12/2015

Windermere Real Estate Midtown

Last Buyer's Agent

Tony Ogden

Coldwell Banker Danforth License #25174

Coldwell Banker Danforth

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 833069

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,389

Year Built

  • Built in 1974

Lot Details

  • 3,661 Sq Ft Lot
  • Partially Fenced Property
  • Property is in good condition

Home Design

  • Duplex
  • Flat Roof Shape
  • Poured Concrete
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 2,070 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 2 Parking Spaces
  • Open Parking

Schools

  • Greenwood Elementary School
  • Whitman Mid Middle School
  • Ingraham High School

Additional Features

  • Deck
  • Cable TV Available

Community Details

  • Greenwood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0789000324

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,389

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1974
  • Buyer Agency Compensation: 3.0
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2070
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Multi-Family, Residential
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Thermal Windows

Exterior Features

  • Roof: Flat
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: Seattle City Light
  • SewerCompany: Seattle Public Utilities
  • WaterCompany: Seattle Public Utilities
  • WaterSewerGarbage: 2400

Schools

  • Junior High Dist: Seattle
  • High School: Ingraham High
  • Middle Or Junior School: Whitman Mid

Lot Info

  • Parcel Number: 0789000324
  • Lot Size Acres: 0.084
  • Lot Size Sq Ft: 3661
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially
  • MLSLotSizeSource: KCR
  • ZoningClass: Multi-Family,Residential

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 18
  • LeasedItems: None
  • TotalMonthlyIncome: 2550

Multi Family

  • Gross Scheduled Income: 30600
  • Net Operating Income: 20906
  • Number Of Units Total: 2
  • Insurance Expense: 955
  • Leasable Area: 2070
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2015
  • Tax Annual Amount: 4389

MLS Schools

  • Elementary School: Greenwood

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2015
Closed on
Sep 29, 2015
Sold by
Brustkern Amy K and Brustkern Von F
Bought by
Schmidt Carl I and Schmidt Laura Dillion
Seller's Agent
Lauren Hendricks
Windermere Real Estate Midtown
Buyer's Agent
Tony Ogden
Coldwell Banker Danforth
List Price
$570,000
Sold Price
$562,500
Premium/Discount to List
-$7,500
-1.32%
Current Estimated Value
$984,884

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$422,384
Avg. Annual Appreciation
5.73%
Original Mortgage
$337,197
Outstanding Balance
$264,127
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$720,757

Purchase Details

Closed on
Jul 29, 2003
Sold by
Lahaie David P
Bought by
Brustkern Von F and Brustkern Amy K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,500
Interest Rate
4.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 11, 2002
Sold by
Sison Arcadia
Bought by
Lahaie David P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.69%

Purchase Details

Closed on
Mar 25, 1994
Sold by
Linehan Timothy J and Linehan Carolyn A
Bought by
Sison Glicerio and Sison Arcadia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,867
Interest Rate
7.15%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 24, 1993
Sold by
Boyer Hazel L
Bought by
Linehan Timothy J and Linehan Carolyn A
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
Schmidt Carl I $562,500 Fidelity Natio
Brustkern Von F $335,000 Pacific Nw Tit
Lahaie David P $325,000 Stewart Title
Sison Glicerio $170,000 Chicago Title Insurance Co
Linehan Timothy J $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schmidt Carl I $337,197
Previous Owner Brustkern Von F $234,500
Previous Owner Lahaie David P $260,000
Previous Owner Sison Glicerio $5,867
Closed Lahaie David P $32,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/02/2015 10/02/15 Sold $562,500 -1.3% $272 / Sq Ft
09/02/2015 09/02/15 Pending -- -- --
08/12/2015 08/12/15 For Sale $570,000 -- $275 / 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 $8,701 $882,000 $400,000 $482,000
2023 $7,405 $775,000 $518,000 $257,000
2022 $7,105 $849,000 $463,000 $386,000
2021 $6,347 $750,000 $422,000 $328,000
2020 $6,357 $632,000 $352,000 $280,000
2018 $6,670 $663,000 $337,000 $326,000
2017 $5,464 $659,000 $258,000 $401,000
2016 $5,080 $555,000 $217,000 $338,000
2015 $4,389 $504,000 $198,000 $306,000
2014 -- $444,000 $177,000 $267,000
2013 -- $404,000 $161,000 $243,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 833069

Northwest Multiple Listing Service (NWMLS)

APN: 078900-0324