Listed by Best Choice Network LLC, Bought with Capitol Realty & Investments
NOT LISTED FOR SALE

Estimated Value: $423,000 - $697,085

4 Beds
2 Baths
1,430 Sq Ft
$433/Sq Ft Est. Value

Last Sold May 23, 2013

Last sale price $221,500 $155 Per Sq Ft

Est. 192% increase in value since last sale

Current estimated payment $4,085/month

4 Days on Market

Highlights

  • Partially Fenced Property
  • Wall to Wall Carpet
  • 1-Story Property
  • Wood Siding

About This Home

As of May 2013

Terrific Investor opportunity for cash flow! Both units are currently vacant and ready for your tenants! Open & bright units feature two bedrooms, one bath, and individual storage. Four total parking spaces off the alley and private yard/garden space. Only minutes from shopping, dining and transportation at Westwood Village. ***All Rents are projections - Buyer to verify all information to their own satisfaction prior to closing***

Last Agent to Sell the Property

Yvette DuBee

Best Choice Network LLC License #105948 Listed on: 03/26/2013

Best Choice Network LLC

Co-Listed By

Justin Richards

Keller Williams Rlty Bellevue License #24027569

Last Buyer's Agent

Berhe Desta

Capitol Realty & Investments License #11795

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 464078

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,683

Year Built

  • Built in 1962

Lot Details

  • 5,132 Sq Ft Lot
  • Partially Fenced Property
  • Property is in average condition

Home Design

  • Duplex
  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,430 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • Open Parking

Utilities

  • Cable TV Available

Community Details

  • White Center Subdivision

Listing and Financial Details

  • Assessor Parcel Number 9352900130

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,683

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1962
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 1430
  • SOCComments: Not a Short Sale or REO!!!
  • Special Features: VirtualTour
  • Cumulative Days on Market: 543

Interior Features

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

Exterior Features

  • Roof: Composition
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Brick, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Average
  • Structure Type: Duplex

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
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • WaterSewerGarbage: 2000

Schools

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

Lot Info

  • Parcel Number: 9352900130
  • Lot Size Acres: 0.1178
  • Lot Size Sq Ft: 5132
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 10
  • LeasedItems: None
  • TotalMonthlyIncome: 0

Multi Family

  • Gross Scheduled Income: 20400
  • Net Operating Income: 13247
  • Number Of Units Total: 2
  • Insurance Expense: 950
  • Leasable Area: 1430
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2012
  • Tax Annual Amount: 2683

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2013
Closed on
May 20, 2013
Sold by
Theresa Properties Llc
Bought by
Yonas Mussie O
Seller's Agent
Yvette DuBee
Best Choice Network LLC
Buyer's Agent
Berhe Desta
Capitol Realty & Investments
List Price
$209,950
Sold Price
$221,500
Premium/Discount to List
$11,550
5.5%
Current Estimated Value
$646,699

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$425,199
Avg. Annual Appreciation
9.09%
Original Mortgage
$165,862
Outstanding Balance
$119,558
Interest Rate
3.41%
Mortgage Type
New Conventional
Estimated Equity
$521,740

Purchase Details

Closed on
Jan 23, 2013
Sold by
Purcell Timothy Michael
Bought by
Theresa Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,845
Interest Rate
3.28%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 22, 2013
Sold by
Eastside Funding Llc
Bought by
Theresa Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,845
Interest Rate
3.28%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 15, 2006
Sold by
Michael John S
Bought by
Purcell Timothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,400
Interest Rate
6.29%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 31, 2005
Sold by
Menendez Bonita
Bought by
Michael John S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 23, 2004
Sold by
Baskett Jack
Bought by
Menendez Bonita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,950
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage
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
Yonas Mussie O $221,150 First American
Theresa Properties Llc $150,100 None Available
Theresa Properties Llc -- None Available
Purcell Timothy $362,000 Old Republic T
Michael John S $270,000 Old Republic T
Menendez Bonita $449,950 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yonas Mussie O $165,862
Previous Owner Theresa Properties Llc $30,845
Previous Owner Purcell Timothy $35,400
Previous Owner Purcell Timothy $283,200
Previous Owner Michael John $297,000
Previous Owner Michael John S $216,000
Previous Owner Menendez Bonita $359,950
Previous Owner Baskett Jack $38,000
Closed Menendez Bonita $90,000
Closed Michael John S $40,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2013 05/23/13 Sold $221,500 +5.5% $155 / Sq Ft
03/31/2013 03/31/13 Pending -- -- --
03/26/2013 03/26/13 For Sale $209,950 -- $147 / 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 $6,540 $636,000 $533,000 $103,000
2023 $5,771 $582,000 $488,000 $94,000
2022 $4,862 $626,000 $414,000 $212,000
2021 $4,602 $477,000 $313,000 $164,000
2020 $4,498 $428,000 $287,000 $141,000
2018 $3,840 $427,000 $292,000 $135,000
2017 $3,238 $350,000 $239,000 $111,000
2016 $3,021 $302,000 $207,000 $95,000
2015 $2,570 $276,000 $211,000 $65,000
2014 -- $238,000 $196,000 $42,000
2013 -- $201,000 $169,000 $32,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 464078

Northwest Multiple Listing Service (NWMLS)

APN: 935290-0130