Listed by Portico Real Estate, Bought with Windermere Real Estate Co.
NOT LISTED FOR SALE

Estimated Value: $616,000 - $678,000

2 Beds
1 Bath
4,371 Sq Ft
$146/Sq Ft Est. Value

Last Sold March 05, 2018

Last sale price $1,350,000 $309 Per Sq Ft

Current estimated payment $3,934/month

Highlights

  • Mountain View
  • Deck
  • Thermal Windows
  • Daniel Bagley Elementary School Rated A-
  • Corner Lot
  • Patio

About This Home

As of March 2018

This nicely updated and well maintained 4 unit Greenwood property has 4 spacious units with great rent upside potential. Each unit has access to a common laundry and 3 of the 4 units have direct interior access to their individual garages. Recent upgrades includes the installation of a new roof in 2017. This property has an effective construction date of 1990. Great location with easy access to Highway 99 and Greenwood Ave.

Last Agent to Sell the Property

David Marks

Portico Real Estate License #27042 Listed on: 01/26/2018

Co-Listed By

Benjamin Berman

Portico Real Estate License #129672

Last Buyer's Agent

Greg Stamolis

Windermere Real Estate Co. License #2317

Windermere Real Estate Co.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1237641

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,000

Year Built

  • Built in 1965

Lot Details

  • 7,008 Sq Ft Lot
  • Partially Fenced Property
  • Corner Lot
  • Property is in good condition

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 4,371 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Mountain Views

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 7 Parking Spaces
  • 3 Covered Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Community Details

  • Green Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3126049367

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,000

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1965
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 4371
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 365

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: Mountain(s)
  • Lot Features: Corner Lot, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Stucco, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 7
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Natural Gas Available, Sewer Connected, Electric
  • WaterSewerGarbage: 4600

Schools

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

Lot Info

  • Parcel Number: 3126049367
  • Lot Size Acres: 0.1609
  • Lot Size Sq Ft: 7008
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Fenced-Partially,Gas Available,Patio
  • MLSLotSizeSource: KCR
  • ZoningClass: Multi-Family

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 21
  • LeasedItems: None
  • TotalMonthlyIncome: 4925

Multi Family

  • Gross Scheduled Income: 59100
  • Net Operating Income: 43511
  • Number Of Units Total: 4
  • Electric Expense: 889
  • Insurance Expense: 2100
  • Leasable Area: 3523
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2017
  • Tax Annual Amount: 8000

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 7, 2020
Sold by
Greenbuild Development Llc
Bought by
Russell Jeremy
Current Estimated Value
$639,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,990
Outstanding Balance
$449,162
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$182,505

Purchase Details

Listed on
Jan 26, 2018
Closed on
Feb 23, 2018
Sold by
Ferre Jean Claude
Bought by
Greenbuild Development Llc
Seller's Agent
David Marks
Portico Real Estate
Buyer's Agent
Greg Stamolis
Windermere Real Estate Co.
List Price
$1,250,000
Sold Price
$1,350,000
Premium/Discount to List
$100,000
8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-9.63%
Original Mortgage
$826,500
Interest Rate
4.32%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 13, 2007
Sold by
Johnson Michael R and Walton Mary S
Bought by
Ferre Jean Claude

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.57%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 3, 2002
Sold by
Johnson Michael R and Walton Mary S
Bought by
Johnson Michael R and Walton Mary S

Purchase Details

Closed on
Sep 20, 2001
Sold by
Johnson Michael R
Bought by
Walton Mary S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,500
Interest Rate
6.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 13, 1998
Sold by
Hays Michael J
Bought by
Hays Michael J and Bauer Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,000
Interest Rate
7.02%
Mortgage Type
Balloon
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
Russell Jeremy $543,000 First American Title
Greenbuild Development Llc $1,377,500 First American Title Insuran
Ferre Jean Claude $765,000 Pacific Nw Tit
Johnson Michael R -- --
Walton Mary S -- Chicago Title
Walton Mary S $475,500 Chicago Title
Hays Michael J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Russell Jeremy $504,990
Previous Owner Greenbufld Development Llc $2,800,000
Previous Owner Greenbuild Development Llc $826,500
Previous Owner Ferre Jean Claude $80,000
Previous Owner Ferre Jean Claude $612,000
Previous Owner Johnson Michael R $313,000
Previous Owner Walton Mary S $325,500
Previous Owner Hays Michael J $294,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2018 03/05/18 Sold $1,350,000 +8.0% $309 / Sq Ft
01/30/2018 01/30/18 Pending -- -- --
01/29/2018 01/29/18 For Sale $1,250,000 -- $286 / 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 $5,486 $569,000 $225,000 $344,000
2023 $4,976 $550,000 $245,000 $305,000
2022 $5,122 $584,000 $219,000 $365,000
2021 $5,613 $555,000 $200,000 $355,000
2020 $3,437 $580,000 $182,000 $398,000
2018 $9,034 $1,104,000 $876,000 $228,000
2017 $8,000 $861,000 $700,800 $160,200
2016 $7,062 $786,000 $560,600 $225,400
2015 -- $674,000 $525,600 $148,400
2014 -- $589,000 $490,500 $98,500
2013 -- $561,000 $490,500 $70,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1237641

Northwest Multiple Listing Service (NWMLS)

APN: 312604-9367