Listed by Windermere Real Estate Midtown, Bought with Windermere Real Estate Midtown
NOT LISTED FOR SALE

Estimated Value: $1,523,069 - $1,708,000

6 Beds
3 Baths
3,040 Sq Ft
$527/Sq Ft Est. Value

Last Sold August 27, 2019

Last sale price $1,275,000 $419 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $9,804/month

35 Days on Market

Highlights

  • Deck
  • Territorial View
  • Ceramic Tile Flooring
  • West Woodland Elementary School Rated A
  • Thermal Windows
  • 4-minute walk to Gemenskap Park

About This Home

As of August 2019

Do not disrupt tenants. Fully occupied Ballard Triplex. 3 units all with 2 beds, 1 bath. W/D in each unit. 3 individual garages plus additional off street parking. Fully fenced backyard that units share. All units have been fully updated and have fireplaces. Fully occupied with great tenants. Very convenient location. Close to transit, grocery, hip Ballard brewery district.

Last Agent to Sell the Property

Karla Sullivan

Windermere Real Estate Midtown License #82072 Listed on: 05/22/2019

Windermere Real Estate Midtown

Last Buyer's Agent

Lauren Hendricks

Windermere Real Estate Midtown License #83586

Windermere Real Estate Midtown

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1461072

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,024

Year Built

  • Built in 1968

Lot Details

  • 6,800 Sq Ft Lot
  • Property is Fully Fenced
  • Property is in good condition

Home Design

  • Triplex
  • Flat Roof Shape
  • Poured Concrete
  • Wood Siding

Interior Spaces

  • 3,040 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile

Parking

  • 7 Parking Spaces
  • 3 Covered Spaces
  • Open Parking

Outdoor Features

  • Deck

Schools

  • West Woodland Elementary School
  • Hamilton Mid Middle School
  • Ballard High School

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Ballard Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0123000135

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,024

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1968
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3040
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 384

Interior Features

  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate, Carpet
  • Interior Amenities: Ceramic Tile, Wall to Wall Carpet, Laminate Hardwood
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Thermal Windows

Exterior Features

  • Roof: Flat
  • View: Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Triplex

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
  • Water Source: Public
  • Security: PartiallyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Electric
  • PowerCompany: Seattle City Light
  • SewerCompany: Seattle Public Utilities
  • WaterCompany: Seattle Public Utilities
  • WaterSewerGarbage: 4055

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Seattle
  • High School: Ballard High
  • Middle Or Junior School: Hamilton Mid

Lot Info

  • Parcel Number: 0123000135
  • Lot Size Acres: 0.1561
  • Lot Size Sq Ft: 6800
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Fully,Gas Available,High Speed Internet
  • MLSLotSizeSource: Realist

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 15
  • LeasedItems: None
  • TotalMonthlyIncome: 7400

Multi Family

  • Gross Scheduled Income: 88383
  • Net Operating Income: 88383
  • Number Of Units Total: 3
  • Insurance Expense: 2875
  • Leasable Area: 3110
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2018
  • Tax Annual Amount: 10024

MLS Schools

  • Elementary School: West Woodland

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2019
Closed on
Aug 12, 2019
Sold by
Counterbalance Properties Llc
Bought by
Johnson Geir and Kim Haeran
Seller's Agent
Karla Sullivan
Windermere Real Estate Midtown
Buyer's Agent
Lauren Hendricks
Windermere Real Estate Midtown
List Price
$1,350,000
Sold Price
$1,275,000
Premium/Discount to List
-$75,000
-5.56%
Current Estimated Value
$1,602,017

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$327,017
Avg. Annual Appreciation
5.18%
Original Mortgage
$718,000
Outstanding Balance
$635,602
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$1,090,071

Purchase Details

Closed on
Dec 15, 2015
Sold by
Jf Llc
Bought by
Counterbalance Properties Llc

Purchase Details

Closed on
Jun 3, 2015
Sold by
The Douglas W Sundquist Living Trust
Bought by
Jf Llc

Purchase Details

Closed on
Apr 22, 2004
Sold by
Sundquist Douglas W
Bought by
Sundquist Douglas W

Purchase Details

Closed on
Jun 26, 1990
Sold by
Swanson Virginia M
Bought by
Sundquist Douglas W
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
Johnson Geir $1,275,000 Ticor Title
Counterbalance Properties Llc $1,268,000 Ticor National
Jf Llc $875,000 Ticor National
Sundquist Douglas W -- --
Sundquist Douglas W $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Geir $718,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2019 08/27/19 Sold $1,275,000 -5.6% $419 / Sq Ft
06/26/2019 06/26/19 Pending -- -- --
05/22/2019 05/22/19 For Sale $1,350,000 -- $444 / 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 $12,897 $1,298,000 $661,000 $637,000
2023 $11,891 $1,216,000 $607,000 $609,000
2022 $11,477 $1,331,000 $573,000 $758,000
2021 $10,770 $1,211,000 $545,000 $666,000
2020 $11,139 $1,078,000 $386,000 $692,000
2018 $10,022 $1,102,000 $411,000 $691,000
2017 $8,540 $986,000 $370,000 $616,000
2016 $7,712 $865,000 $324,000 $541,000
2015 $5,981 $761,000 $290,000 $471,000
2014 -- $597,000 $231,000 $366,000
2013 -- $550,000 $213,000 $337,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1461072

Northwest Multiple Listing Service (NWMLS)

APN: 012300-0135