Listed by John L. Scott, Inc., Bought with Homes & Equity Real Estate Grp
NOT LISTED FOR SALE

Estimated Value: $1,113,172 - $1,322,000

6 Beds
3 Baths
5,188 Sq Ft
$235/Sq Ft Est. Value

Last Sold June 01, 2021

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

Est. 15% increase in value since last sale

Current estimated payment $6,939/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

JP Athwal

Homes & Equity Real Estate Grp License #109660

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

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: Yes
  • Total Parking Spaces: 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

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

Tax Info

  • Year: 2020
  • Tax Annual Amount: 10200

Multi Family

  • Number Of Units Total: 4
  • Electric Expense: 400
  • EnergySource: Electric,Natural Gas
  • UnitsBelowGrade: true

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
JP Athwal
Homes & Equity Real Estate Grp
List Price
$1,100,000
Sold Price
$1,000,000
Premium/Discount to List
-$100,000
-9.09%
Current Estimated Value
$1,150,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,336
Avg. Annual Appreciation
4.41%
Original Mortgage
$750,000
Outstanding Balance
$678,625
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$538,961

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
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 $750,000
Previous Owner Harrison Brian D $382,400
Previous Owner Spadoni Paul M $213,600
Closed Harrison Brian D $71,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1755655

Northwest Multiple Listing Service (NWMLS)

APN: 935290-0005