Listed by Pilot Ventures LLC, Bought with eXp Realty
$940,000
SOLD AUG 28, 2020
-- Bed
-- Bath
2,496 Sq Ft
5,000 Sq Ft Lot

Recently Sold

$377 Per Sq Ft

1% Below List Price

Highlights

  • Corner Lot
  • Ceramic Tile Flooring
  • 1-Story Property
  • Hazelwood Elementary School Rated 10
  • Wood Siding

About This Home

As of August 2020

Uniquely poised 4plex to provide a residential experience for tenants, while offering rents that provide a more affordable option than many of the Class A new-development product that has been built nearby recently. Quick access to I-405 for ease of travel to regional employment and amenity hubs. Fifth Street Fourplex is a single story building with a four 2-bedroom units. Street parking only. Corner lot with 0.12 acres (zoned R-8) and has 3,588 NRSF.

Last Agent to Sell the Property

Casey Zejdlik

Pilot Ventures LLC License #88121 Listed on: 07/13/2020

Co-Listed By

Jason Kono

Pilot Ventures LLC License #79925

Last Buyer's Agent

Meredith Erickson

eXp Realty License #4392

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1626835

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,652

Year Built

  • Built in 1946

Lot Details

  • 5,000 Sq Ft Lot
  • Corner Lot

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Schools

  • Hazelwood Elementary School
  • Risdon Middle School
  • Renton Snr High School

Community Details

  • Downtown Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7224500125

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,652

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1946
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 0
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Fireplace: No
  • Flooring: Ceramic Tile, Vinyl, Carpet
  • Interior Amenities: Ceramic Tile, Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Alley, Corner Lot, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Brick, Wood
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Open Parking: No
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 1800

Schools

  • Junior High Dist: Renton
  • High School: Renton Snr High
  • Middle Or Junior School: Risdon Middle School

Lot Info

  • Parcel Number: 7224500125
  • Lot Size Acres: 0.1148
  • Lot Size Sq Ft: 5000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: See Remarks

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 5800

Multi Family

  • Gross Scheduled Income: 69600
  • Net Operating Income: 48860
  • Number Of Units Total: 4
  • Electric Expense: 1800
  • Insurance Expense: 1400
  • Leasable Area: 3588
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: true
  • VacancyRate: 3

Tax Info

  • Year: 2020
  • Tax Annual Amount: 9652

MLS Schools

  • Elementary School: Hazelwood Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 17, 2021
Sold by
Patel Kunal C and Patel Nayana Singh
Bought by
Rohanya Llc
Current Estimated Value
$1,203,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$698,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 2, 2021
Sold by
Rohanya Llc
Bought by
Patel Kunal C and Patel Nayana Singh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$698,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 13, 2020
Closed on
Sep 19, 2020
Sold by
Patel Kunal C and Patel Nayana Singh
Bought by
Rohanya Llc
Seller's Agent
Casey Zejdlik
Pilot Ventures LLC
Buyer's Agent
Meredith Erickson
eXp Realty
List Price
$950,000
Sold Price
$940,000
Premium/Discount to List
-$10,000
-1.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.11%
Original Mortgage
$703,700
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 13, 2020
Closed on
Aug 18, 2020
Sold by
Sjs 904 Llc
Bought by
Patel Kunal C and Patel Nayana Singh
Seller's Agent
Casey Zejdlik
Pilot Ventures LLC
Buyer's Agent
Meredith Erickson
eXp Realty
List Price
$950,000
Sold Price
$940,000
Premium/Discount to List
-$10,000
-1.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$703,700
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 4, 2016
Closed on
Aug 22, 2016
Sold by
Landy James B
Bought by
Sjs 904 Llc
Seller's Agent
Michael Lindekugel
RE/MAX Metro Realty, Inc.
Buyer's Agent
Michael Lindekugel
RE/MAX Metro Realty, Inc.
List Price
$596,000
Sold Price
$600,500
Premium/Discount to List
$4,500
0.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.82%

Purchase Details

Closed on
Mar 10, 2010
Sold by
Liberty Sabrina J
Bought by
Landy James B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,500
Interest Rate
4.94%

Purchase Details

Closed on
Jan 9, 2010
Sold by
Bernard Ian and Bernard Corinne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,500
Interest Rate
4.94%

Purchase Details

Closed on
Nov 17, 2008
Sold by
Blue View Llc
Bought by
Thill Matthew and 904 N 5Th St Family Trust

Purchase Details

Closed on
Dec 5, 2006
Sold by
Bernard Ian and Bernard Corinne
Bought by
Blue View Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$371,250
Interest Rate
7.62%

Purchase Details

Closed on
Nov 16, 2006
Sold by
Ebkia Holdings Llc
Bought by
Bernard Ian and Bernard Corinne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$371,250
Interest Rate
7.62%

Purchase Details

Closed on
Jul 9, 2004
Sold by
Jolley Kirk C and Thompson Judy
Bought by
Ebkia Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
4.21%

Purchase Details

Closed on
May 26, 2004
Sold by
Turpen Ronald L and Turpen Lauren A
Bought by
Jolley Kirk C and Thompson Judy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
4.21%

Purchase Details

Closed on
Jan 5, 1998
Sold by
Eisiminger William F
Bought by
Turpen Ronald L and Turpen Lauren A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
7.16%

Purchase Details

Closed on
Nov 14, 1997
Sold by
Bank Of New York
Bought by
Metropolitan Mtg & Securities Co Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
7.16%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- Accommodation
Warranty Deed $940,000 Fidelity
Warranty Deed $600,000 Fidelity Natio
Warranty Deed -- First American
Warranty Deed $378,000 First American
Warranty Deed -- First American
Warranty Deed $323,500 First American
Warranty Deed -- First American
Warranty Deed -- None Available
Warranty Deed -- Rainier Title
Warranty Deed $495,000 Chicago Title
Warranty Deed -- --
Warranty Deed $350,000 Chicago Title
Warranty Deed $222,000 Chicago Title Insurance Co
Warranty Deed -- Chicago Title Ins Co
Warranty Deed -- Chicago Title Ins Co
Warranty Deed -- Chicago Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $698,000 New Conventional
Previous Owner $703,700 New Conventional
Previous Owner $450,375 No Value Available
Previous Owner $283,500 No Value Available
Previous Owner $371,250 No Value Available
Previous Owner $321,600 No Value Available
Previous Owner $280,000 No Value Available
Previous Owner $207,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2020 08/28/20 Sold $940,000 -1.1% $377 / Sq Ft
07/24/2020 07/24/20 Pending -- -- --
07/13/2020 07/13/20 For Sale $950,000 +58.2% $381 / Sq Ft
08/24/2016 08/24/16 Sold $600,500 +0.8% $167 / Sq Ft
07/08/2016 07/08/16 Pending -- -- --
07/04/2016 07/04/16 For Sale $596,000 -- $166 / 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 $8,630 $787,000 $215,000 $572,000
2023 $10,041 $815,000 $205,000 $610,000
2022 $9,936 $966,000 $180,000 $786,000
2021 $8,333 $828,000 $160,000 $668,000
2020 $7,479 $651,000 $160,000 $491,000
2018 $7,050 $537,000 $148,000 $389,000
2017 $6,325 $488,000 $112,500 $375,500
2016 $5,962 $427,000 $112,500 $314,500
2015 $4,599 $450,000 $112,500 $337,500
2014 -- $363,000 $110,000 $253,000
2013 -- $365,000 $100,000 $265,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1626835

Northwest Multiple Listing Service (NWMLS)

APN: 722450-0125