Listed by Skyline Properties, Inc.
NOT LISTED FOR SALE

Estimated Value: $1,493,000 - $1,778,973

4 Beds
3 Baths
2,940 Sq Ft
$554/Sq Ft Est. Value

Last Sold March 13, 2017

Last sale price $1,460,000 $497 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $9,614/month

25 Days on Market

Highlights

  • City View
  • Deck
  • Thermal Windows
  • John Hay Elementary School Rated A
  • Corner Lot
  • 4-minute walk to Ward Springs Park

About This Home

As of March 2017

Location!Prime lower Queen Anne Tri-Plex,4.9% Cap Rate,new construction in 2008, turnkey triplex,Steps to Space Needle and Seattle Center.100% Occupied,Producing strong income,Room for rent increases,Private decks and patio,Fenced Court Yard,Views of the space needle and Seattle Skyline,(2) 2 Bedroom and (1) 1 Bedroom unit.Travertine entries, fir hardwood,stacked washer/dryers, individually metered hot water tanks.Granite or marble counter tops, stainless steel appliances,new cabinets.

Last Agent to Sell the Property

Donna Marshall

Skyline Properties, Inc. License #111216 Listed on: 01/31/2017

Skyline Properties, Inc.

Co-Listed By

Dan Swanson

Kidder Mathews License #13533

Last Buyer's Agent

Dan Swanson

Kidder Mathews License #13533

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1068798

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,486

Year Built

  • Built in 2008

Lot Details

  • 2,240 Sq Ft Lot
  • Partially Fenced Property
  • Corner Lot
  • Property is in very good condition

Property Views

  • City
  • Mountain
  • Territorial

Home Design

  • Triplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,940 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile

Parking

  • 2 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Utilities

  • Cable TV Available

Community Details

  • Queen Anne Subdivision

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 5458300700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,486

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 2008
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2940
  • EffectiveYearBuiltSource: Public Records
  • Special Features: VirtualTour

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: City, Mountain(s), See Remarks, Territorial
  • Lot Features: Corner Lot, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Triplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 2
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • SewerCompany: Seattle
  • WaterCompany: Seattle
  • WaterSewerGarbage: 3875

Schools

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

Lot Info

  • Parcel Number: 5458300700
  • Lot Size Acres: 0.0514
  • Lot Size Sq Ft: 2240
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,Patio
  • MLSLotSizeSource: realist
  • ZoningClass: Multi-Family
  • LotNumber: 9

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 16
  • LeasedItems: None
  • TotalMonthlyIncome: 7070

Multi Family

  • Gross Scheduled Income: 86050
  • Net Operating Income: 70937
  • Number Of Units Total: 3
  • Insurance Expense: 746
  • Leasable Area: 2940
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 1

Tax Info

  • Year: 2017
  • Tax Annual Amount: 7486

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2017
Closed on
Mar 9, 2017
Sold by
Sharkey Sharkey S and Sharkey Sara A
Bought by
Hsia Enterprises Inc
Seller's Agent
Donna Marshall
Skyline Properties, Inc.
Buyer's Agent
Dan Swanson
Kidder Mathews
List Price
$1,450,000
Sold Price
$1,460,000
Premium/Discount to List
$10,000
0.69%
Current Estimated Value
$1,629,658

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,658
Avg. Annual Appreciation
1.28%

Purchase Details

Closed on
Apr 25, 2013
Sold by
Hawaii Partners Llc
Bought by
Sharkey S David and Sharkey Sara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$501,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 2008
Sold by
Bacon Janice and Chesnut Richard
Bought by
Hawaii Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 26, 2007
Sold by
Simpokes Ruth V
Bought by
Odom Walter L

Purchase Details

Closed on
Mar 25, 1997
Sold by
R R & L Ltd
Bought by
Simpokes Ruth and Selvidge Ruth
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Hsia Enterprises Inc $1,460,000 First American
Sharkey S David -- Fidelity Natio
Hawaii Partners Llc $425,000 Pacific Nw Tit
Odom Walter L -- None Available
Simpokes Ruth -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sharkey S David $501,000
Previous Owner Hawaii Partners Llc $340,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/13/2017 03/13/17 Sold $1,460,000 +0.7% $497 / Sq Ft
02/26/2017 02/26/17 Pending -- -- --
01/31/2017 01/31/17 For Sale $1,450,000 -- $493 / 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 $11,996 $1,258,000 $717,000 $541,000
2023 $11,050 $1,177,000 $717,000 $460,000
2022 $8,863 $1,274,000 $759,000 $515,000
2021 $8,476 $964,000 $430,000 $534,000
2020 $9,351 $875,000 $395,000 $480,000
2018 $8,238 $963,000 $422,000 $541,000
2017 $7,365 $833,000 $365,000 $468,000
2016 $7,486 $770,000 $339,000 $431,000
2015 $6,138 $766,000 $187,000 $579,000
2014 -- $639,000 $150,000 $489,000
2013 -- $581,000 $142,000 $439,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1068798

Northwest Multiple Listing Service (NWMLS)

APN: 545830-0700