Listed by Ballard Realty, Inc., Bought with RE/MAX Metro Realty, Inc.
NOT LISTED FOR SALE

Estimated Value: $1,438,000 - $1,801,000

6 Beds
4 Baths
3,600 Sq Ft
$445/Sq Ft Est. Value

Last Sold April 03, 2020

Last sale price $1,295,000 $360 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $9,739/month

1 Day on Market

About This Home

As of April 2020

This is a very solid 4 plex in highly desirable Ballard. Well maintained building with interior upgrades. Just steps to bus and walking distance to shopping. This is an easy to own building that will do nothing but appreciate in value.

Last Agent to Sell the Property

Ray Poletti

Ballard Realty, Inc. License #14011 Listed on: 01/28/2020

Last Buyer's Agent

Paul Herbord

RE/MAX Metro Realty, Inc. License #73368

RE/MAX Metro Realty, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1558917

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,231

Year Built

  • Built in 1960

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50 x 100
  • Property is in good condition

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof

Interior Spaces

  • 3,600 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Parking

  • 2 Parking Spaces
  • Open Parking

Community Details

  • Gilman Park Condos
  • Ballard Subdivision

Listing and Financial Details

  • Legal Lot and Block 5 / 113
  • Assessor Parcel Number 2768100030

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,231

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1960
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Gilman Park
  • New Construction: No
  • CalculatedSquareFootage: 3600
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 353

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry,Thermal Windows

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Brick
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Quadruplex
  • ConstructionMethods: Standard Frame

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
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: Seattle
  • SewerCompany: Seattle
  • WaterCompany: Seattle
  • WaterSewerGarbage: 4800

Fee Information

  • Annual Fuel Expense: 10

Schools

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

Lot Info

  • Parcel Number: 2768100030
  • Lot Size Acres: 0.1148
  • Lot Size: 50 x 100
  • Lot Size Sq Ft: 5000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: KCA
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family
  • LotNumber: 5

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 17
  • LeasedItems: Washer/Dryer
  • TotalMonthlyIncome: 6305

Multi Family

  • Gross Scheduled Income: 79800
  • Net Operating Income: 58701
  • Number Of Units Total: 4
  • Electric Expense: 1200
  • Insurance Expense: 4272
  • Leasable Area: 3210
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 2

Tax Info

  • Year: 2019
  • Tax Annual Amount: 9231

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2020
Closed on
Mar 27, 2020
Sold by
Vanveen Derek
Bought by
Huang Robert
Seller's Agent
Ray Poletti
Ballard Realty, Inc.
Buyer's Agent
Paul Herbord
RE/MAX Metro Realty, Inc.
List Price
$1,295,000
Sold Price
$1,295,000
Current Estimated Value
$1,603,139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$308,139
Avg. Annual Appreciation
3.66%
Original Mortgage
$1,036,000
Outstanding Balance
$916,303
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$655,843

Purchase Details

Closed on
Jul 15, 2013
Sold by
Vanveen Drek Allen and Henson Sandra
Bought by
A & Lproperties Llc

Purchase Details

Listed on
Oct 25, 2011
Closed on
Feb 3, 2012
Sold by
Atlas Harry A
Bought by
Henson Sandra Anne Marie and Van Veen Derek Allen
Seller's Agent
Donna Lindsay
Windermere Real Estate Co.
Buyer's Agent
Christine Andreasen
eXp Realty
List Price
$650,000
Sold Price
$580,000
Premium/Discount to List
-$70,000
-10.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.64%
Original Mortgage
$435,000
Interest Rate
3.9%

Purchase Details

Closed on
Apr 5, 2000
Sold by
Quam Paul E and Quam Johanna M
Bought by
Atlas Harry A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
4.95%
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
Huang Robert $1,295,000 Old Republic Title Ltd
A & Lproperties Llc -- None Available
Henson Sandra Anne Marie $580,000 Chicago Title
Atlas Harry A $400,000 Washington Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huang Robert $1,036,000
Previous Owner Henson Sandra Anne Marie $435,000
Previous Owner Atlas Harry A $200,000
Previous Owner Atlas Harry A $140,000
Previous Owner Atlas Harry A $391,250
Previous Owner Atlas Harry A $360,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2020 04/03/20 Sold $1,295,000 0.0% $360 / Sq Ft
01/29/2020 01/29/20 Pending -- -- --
01/28/2020 01/28/20 For Sale $1,295,000 +123.3% $360 / Sq Ft
02/08/2012 02/08/12 Sold $580,000 -10.8% --
12/23/2011 12/23/11 Pending -- -- --
10/25/2011 10/25/11 For Sale $650,000 -- --
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 $12,051 $1,209,000 $1,100,000 $109,000
2023 $11,801 $1,256,000 $1,075,000 $181,000
2022 $12,365 $1,354,000 $1,075,000 $279,000
2021 $12,613 $1,314,000 $1,075,000 $239,000
2020 $13,383 $1,278,000 $1,025,000 $253,000
2018 $9,382 $1,040,000 $345,000 $695,000
2017 $7,775 $921,000 $300,000 $621,000
2016 $6,731 $784,000 $268,000 $516,000
2015 $5,817 $659,000 $225,000 $434,000
2014 -- $580,000 $200,000 $380,000
2013 -- $530,000 $204,000 $326,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1558917

Northwest Multiple Listing Service (NWMLS)

APN: 276810-0030