Listed by John L Scott Westwood, Bought with Multifamily Properties
NOT LISTED FOR SALE

Estimated Value: $1,098,124 - $1,265,000

-- Bed
-- Bath
2,700 Sq Ft
$438/Sq Ft Est. Value

Last Sold October 31, 2014

Last sale price $500,000 $185 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $6,962/month

53 Days on Market

Highlights

  • Thermal Windows
  • Wood Siding
  • Wall to Wall Carpet

About This Home

As of October 2014

Pride of Ownership! Well maintained and ready for you to take over. Three of the four units have recently been remodeled and easily bring in $830+/mon. Each unit has it's own washer and dryer. Recent improvements include; new roof 2013, new exterior paint in 2013, all newer double pane windows, upper two units were re-plumbed with separate water meters, landscaping added in 2010 (easy to maintain). Perfect location for tenants with easy access to employment centers No. & So. Zoned L2.

Last Agent to Sell the Property

Adrian Lee

John L Scott Westwood License #11900 Listed on: 08/10/2014

John L Scott Westwood

Last Buyer's Agent

Brandon Vukelich

Multifamily Properties License #27939

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 679991

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,457

Year Built

  • Built in 1984

Lot Details

  • 4,326

Home Design

  • Quadruplex
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,700 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • Open Parking

Schools

  • Highland Park Elementary School
  • Denny Mid Middle School
  • Sealth High School

Additional Features

  • 4,326 Sq Ft Lot
  • Cable TV Available

Community Details

  • Dumars Higlnd Pk B Condos
  • Highland Park Subdivision

Listing and Financial Details

  • Legal Lot and Block 1 & 2 / 1
  • Assessor Parcel Number 2114700410

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,457

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1984
  • Buyer Agency Compensation: *** 3 ***
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Dumars Higlnd Pk B
  • New Construction: No
  • CalculatedSquareFootage: 2700
  • Special Features: None

Interior Features

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

Exterior Features

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

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: City Light
  • SewerCompany: SPUT
  • WaterCompany: SPU
  • WaterSewerGarbage: 3600

Schools

  • Junior High Dist: Seattle
  • High School: Sealth High
  • Middle Or Junior School: Denny Mid

Lot Info

  • Parcel Number: 2114700410
  • Lot Size Acres: 0.0993
  • Lot Size Sq Ft: 4326
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV
  • MLSLotSizeSource: Realist
  • ZoningClass: Multi-Family
  • LotNumber: 1 & 2

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13
  • LeasedItems: None
  • TotalMonthlyIncome: 3200

Multi Family

  • Gross Scheduled Income: 39840
  • Net Operating Income: 31683
  • Number Of Units Total: 4
  • Insurance Expense: 1100
  • Leasable Area: 2700
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2014
  • Tax Annual Amount: 3457

MLS Schools

  • Elementary School: Highland Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 9, 2017
Sold by
John Zachary and John Danielle
Bought by
Seattle R E Investments 22 B Llc
Current Estimated Value
$1,181,562

Purchase Details

Listed on
Aug 10, 2014
Closed on
Oct 28, 2014
Sold by
Lee Albert Y
Bought by
John Zachary Steven and John Danielle L
Seller's Agent
Adrian Lee
John L Scott Westwood
Buyer's Agent
Brandon Vukelich
Multifamily Properties
List Price
$529,000
Sold Price
$500,000
Premium/Discount to List
-$29,000
-5.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.63%
Original Mortgage
$375,000
Interest Rate
4.2%

Purchase Details

Closed on
Aug 19, 2005
Sold by
Gebre Debesai
Bought by
Lee Albert Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
5.87%

Purchase Details

Closed on
Feb 8, 2005
Sold by
Habtemariam Akberet
Bought by
Gebre Debesai

Purchase Details

Closed on
Jul 14, 2000
Sold by
Vuong Tony H
Bought by
Gebre Debesai and Habtemariam Akberet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,797
Interest Rate
8.55%

Purchase Details

Closed on
Oct 15, 1998
Sold by
Production Planners Inc
Bought by
Vuong Tony H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,602
Interest Rate
6.71%
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
Seattle R E Investments 22 B Llc -- None Available
John Zachary Steven $500,000 Ticor National
Lee Albert Y $390,000 Stewart Title
Gebre Debesai -- --
Gebre Debesai $239,000 Pacific Northwest Title Co
Vuong Tony H $185,000 Evergreen Title Company Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner John Zachary Steven $375,000
Previous Owner Lee Albert Y $312,000
Previous Owner Gebre Debesai $220,797
Previous Owner Vuong Tony H $179,602
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2014 10/31/14 Sold $500,000 -5.5% $185 / Sq Ft
10/03/2014 10/03/14 Pending -- -- --
08/10/2014 08/10/14 For Sale $529,000 -- $196 / 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 $8,664 $854,000 $324,400 $529,600
2023 $8,220 $858,000 $324,400 $533,600
2022 $8,521 $926,000 $302,800 $623,200
2021 $8,590 $890,000 $259,500 $630,500
2020 $7,665 $856,000 $259,500 $596,500
2018 $5,529 $591,000 $216,300 $374,700
2017 $5,080 $526,000 $173,000 $353,000
2016 $4,084 $500,000 $129,700 $370,300
2015 $3,171 $397,000 $129,700 $267,300
2014 -- $311,000 $129,700 $181,300
2013 -- $311,000 $216,300 $94,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 679991

Northwest Multiple Listing Service (NWMLS)

APN: 211470-0410