NOT LISTED FOR SALE

Estimated Value: $1,007,000 - $1,311,000

6 Beds
3 Baths
5,188 Sq Ft
$218/Sq Ft Est. Value

Last Sold June 01, 2021

Last sale price $1,000,000 $193 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $7,254/month

6 Days on Market

Highlights

  • Territorial View
  • Partially Fenced Property
  • 1-Story Property
  • Corner Lot
  • Wall to Wall Carpet

About This Home

As of June 2021

Wonderful investment opportunity in quickly gentrifying area of West Seattle. This 4 plex features two 1330 SF, 2 bed 1 bath units and two 3 bed 1 bath units . Over 5100 SF of rentable space and and income generating laundry. Each unit comes with one parking pad space. Brand new townhomes being built two lots away. Great long term investing opportunity with great cash flow, appreciation and future development opportunity?

Last Agent to Sell the Property

Naushad Ali

John L. Scott, Inc. License #18367 Listed on: 04/09/2021

John L. Scott, Inc.

Co-Listed By

James McPherson

John L. Scott, Inc. License #2113

Last Buyer's Agent

Jaspinder Athwal

Homes & Equity Real Estate Grp License #109660

Homes & Equity Real Estate Grp

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1755655

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,200

Year Built

  • Built in 1953 | Remodeled

Lot Details

  • 6,367 Sq Ft Lot
  • Partially Fenced Property
  • Corner Lot

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 5,188 Sq Ft Home
  • 1-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • Open Parking

Utilities

  • Cable TV Available

Community Details

  • West Seattle Subdivision

Listing and Financial Details

  • Assessor Parcel Number 9352900005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,200

Year Built

Built in 1953 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1953
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 5188
  • Special Features: None
  • Cumulative Days on Market: 280

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Corner Lot, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Brick, Metal/Vinyl
  • Foundation Details: Poured Concrete
  • Property Condition: Remodeled
  • 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
  • Security: FullyFenced
  • Utilities: Cable Connected, Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: SEA
  • SewerCompany: SEA
  • WaterCompany: SEA
  • WaterSewerGarbage: 8400

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Seattle
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 9352900005
  • Lot Size Acres: 0.1462
  • Lot Size Sq Ft: 6367
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially
  • MLSLotSizeSource: Realist

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 15
  • LeasedItems: None
  • TotalMonthlyIncome: 6650

Multi Family

  • Gross Scheduled Income: 79800
  • Net Operating Income: 54508
  • Number Of Units Total: 4
  • Electric Expense: 400
  • Insurance Expense: 3100
  • Leasable Area: 5320
  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: true
  • VacancyRate: 4

Tax Info

  • Year: 2020
  • Tax Annual Amount: 10200

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2021
Closed on
May 20, 2021
Sold by
Harrison Brian D and Harrison Michelle M
Bought by
Athwal Jaspinder
Seller's Agent
Naushad Ali
John L. Scott, Inc.
Buyer's Agent
Jaspinder Athwal
Homes & Equity Real Estate Grp
List Price
$1,100,000
Sold Price
$1,000,000
Premium/Discount to List
-$100,000
-9.09%
Total Days on Market
6
Current Estimated Value
$1,132,998

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,998
Avg. Annual Appreciation
4.92%
Original Mortgage
$750,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 2004
Sold by
Spadoni Paul M
Bought by
Harrison Brian D and Harrison Michelle M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,400
Interest Rate
6.25%

Purchase Details

Closed on
Oct 21, 2003
Sold by
Fitzgerald Ella Mae
Bought by
Spadoni Paul M

Purchase Details

Closed on
Nov 8, 2002
Sold by
Spadoni Rainee D
Bought by
Spadoni Paul M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,600
Interest Rate
5.95%

Purchase Details

Closed on
Feb 4, 2002
Sold by
Champoux Elden Roland
Bought by
Champoux Elden Roland

Purchase Details

Closed on
Feb 24, 1981
Sold by
Champoux Cecelia
Bought by
Champoux Elden R
Source: Public Records

Similar Homes in Seattle, WA

  • 1414 SW Cambridge St Unit 1-4, Seattle, WA 98106

    $1,100,000

    • 8 Beds
    • 4 Baths
    • 3,854 Sq Ft
    • 1414 SW Cambridge St
    • Unit 1-4
    • Seattle, WA

    Beautifully maintained 4-plex in West Seattle's Highland Park neighborhood. Each unit has 2 bedrooms and 1 bathroom with off-street parking and a storage locker. Upper units have a deck, and lower units have a patio and small fenced in yard. Off-street parking for 8 cars when using as tandem parking. Originally built in 1969 but with extensive upgrades effective year built is 1992 per King County

    David Frasch Coldwell Banker Danforth

    Section Image
  • 8100 Delridge Way SW Unit 1-3, Seattle, WA 98106

    $975,000

    • 6 Beds
    • 4 Baths
    • 2,710 Sq Ft
    • 8100 Delridge Way SW
    • Unit 1-3
    • Seattle, WA

    Residents enjoy close proximity to parks, shopping, beaches & many other opportunities. Built in 1981, by the current owner & on the market for the first time, the property is comprised of 3 large 2-bed units. Units feature large decks overlooking a greenbelt, full sized in unit laundry machines, new hot water tanks, ample closet space and use of the shared backyard. The property is meticulously

    Dan Swanson Kidder Mathews

    Section Image
  • 6968 24th Ave SW, Seattle, WA 98106

    $1,095,000

    • 6 Beds
    • 4 Baths
    • 2,800 Sq Ft
    • 6968 24th Ave SW
    • Seattle, WA

    West Seattle's Highland Park neighborhood offers a Unique 6Bd/4Ba Home: Live in as SF, Rental or utilize as Multi-Generational Living. Main Floor Unit A: 3Bd/2Ba w/Liv/Din/Kit/Primary Suite + Covered Front Porch & 4 Parking Spaces. Drive around back to enter 2 Sep Units. ADU B: 2Bd/1Ba, Liv/Din/Kit/Front & Back Entries. ADU C: 1Bd/1Ba Great Rm w/Kitchen. All Units =Tons of Parking, Updated

    Janette Wilcox Wilcox Real Estate

    Section Image
  • 10725 Myers Way S, Seattle, WA 98168

    $975,000

    • 6 Beds
    • 4 Baths
    • 2,964 Sq Ft
    • 10725 Myers Way S
    • Seattle, WA

    Must See!! Well Maintained 4 Plex with Spacious Units. Great investment opportunity with Two 2 bedroom units and Two 1 bedroom units. Long time owner has kept the rents low, tons of potential to increase rents and create additional cash flow. Huge 11,326 sq ft lot with possibilities for more units in the backyard. Nice new driveway up to the building, property sits nicely above the street for

    Thach Nguyen John L. Scott, Inc

    Section Image
  • 810 SW 124th St, Seattle, WA 98146

    $1,100,000

    • 6 Beds
    • 4 Baths
    • 3,490 Sq Ft
    • 810 SW 124th St
    • Seattle, WA

    Beautifully remodeled home featuring 4 separate living spaces on a huge 16,500 sf lot at the end of a quiet private dead-end street! Each unit includes off-street parking, laundry, and tasteful upgrades—new roof, quartz kitchen counters, updated bathrooms, and AC. Excellent investment opportunity or live in one unit and offset your mortgage—FHA/VA financing eligible! Building 1 (810): (A) 2 bed +

    Abiel Zewolday Keller Williams Realty Bothell

    Section Image
  • 5221 38th Ave SW, Seattle, WA 98126

    $1,375,000

    • 8 Beds
    • 4 Baths
    • 3,280 Sq Ft
    • 5221 38th Ave SW
    • Seattle, WA

    Excellent investment opportunity located on a quiet, dead-end street near Alaska & Morgan Junction amenities, Fairmount Park, & w/easy access to the West Seattle bridge. This well-maintained 4-plex includes 2 bed, 1 bath end-units approx 820 SF, all w/good natural light, functional layouts, a small deck or yard, & in-unit W/D. Enjoy solid income w/the ability to improve operations, renovate on

    Tom Cowan Windermere Real Estate Co.

    Section Image
  • 5214 35th Ave S, Seattle, WA 98118

    $1,093,000

    • 8 Beds
    • 4 Baths
    • 2,940 Sq Ft
    • 5214 35th Ave S
    • Seattle, WA

    Located in the heart of Columbia City, this fully renovated Seattle duplex is the perfect blend of comfort, convenience, and income potential. Within walking distance of the light rail, each 4B/2B unit boasts modern finishes, abundant natural light, and a thoughtful layout. Enjoy a fully fenced yard ideal for outdoor gatherings, while the top unit features a private balcony. Whether you’re house

    Binbin Lu Providential Real Estate LLC

    Section Image
  • 1493 S Columbian Way, Seattle, WA 98144

    $1,100,000

    • 4 Beds
    • 4 Baths
    • 3,460 Sq Ft
    • 1493 S Columbian Way
    • Seattle, WA

    Conveniently located 4-plex on Beacon Hill of Seattle. Bus lines in front of property, minutes to downtown Seattle, China Town, I-5, SODO and many more. Approved plans for 7 unit condo complex and preliminary plans for 2 townhomes. Currently upper units are 2bed/1 bath with assigned garage, fireplace, deck with views. Lower units are studios. All have washer/dryer.

    Val Garcia Paragon Invest Inc.

    Section Image
  • 3700 60th Ave SW, Seattle, WA 98116

    $1,100,000

    • 6 Beds
    • 4 Baths
    • 3,810 Sq Ft
    • 3700 60th Ave SW
    • Seattle, WA

    Enjoy expansive Puget Sound views from this Craftsman style home just off of Beach Drive. In the same family for 55 years, this home is looking for it's next chapter. Duplex style, with lower-level apartment including full kitchen, second laundry, 1 bed/1 bath and 2nd living room. The main house has 5 bedrooms, 2.5 bathrooms, plus office (sewing room), and large family room with gas fireplace.

    Jayme Johnson Windermere West Metro

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Athwal Jaspinder $1,000,000 Rainier Title
Harrison Brian D $478,000 Ticor National
Spadoni Paul M -- Stewart Title
Spadoni Paul M -- First American
Spadoni Paul M $267,000 First American
Champoux Elden Roland -- --
Champoux Elden R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Athwal Jaspinder $937,500
Closed Athwal Jaspinder $750,000
Previous Owner Harrison Brian D $515,000
Previous Owner Harrison Brian D $382,400
Previous Owner Spadoni Paul M $320,500
Previous Owner Spadoni Paul M $213,600
Closed Harrison Brian D $71,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2021 06/01/21 Sold $1,000,000 -9.1% $193 / Sq Ft
04/15/2021 04/15/21 Pending -- -- --
04/09/2021 04/09/21 For Sale $1,100,000 -- $212 / 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 $10,730 $1,038,000 $509,300 $528,700
2023 $9,638 $1,112,000 $509,300 $602,700
2022 $10,264 $1,061,000 $477,500 $583,500
2021 $10,159 $1,053,000 $445,600 $607,400
2020 $8,659 $994,000 $445,600 $548,400
2018 $7,079 $753,000 $382,000 $371,000
2017 $6,297 $664,000 $350,100 $313,900
2016 $5,304 $609,000 $318,300 $290,700
2015 -- $495,000 $318,300 $176,700
2014 -- $464,000 $318,300 $145,700
2013 -- $464,000 $318,300 $145,700
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1755655

Northwest Multiple Listing Service (NWMLS)

APN: 935290-0005