Listed by John L. Scott Des Moines, Bought with L4 Realty
NOT LISTED FOR SALE

Estimated Value: $748,000 - $926,000

6 Beds
3 Baths
2,400 Sq Ft
$346/Sq Ft Est. Value

Last Sold October 30, 2015

Last sale price $220,000 $92 Per Sq Ft

Est. 277% increase in value since last sale

Current estimated payment $5,237/month

101 Days on Market

Highlights

  • 1 Fireplace
  • Lot Has A Rolling Slope
  • Wood Siding
  • Property is Fully Fenced

About This Home

As of October 2015

Let’s flip this house! Oh wait. Maybe tear it down to build new townhomes? Better yet, keep existing legal triplex and subdivide? Option is yours. Spacious 2,400 sqft fixer, on a 5,500 sqft LR2 lot awaits a buyer with vision and expertise. This legal triplex has been stripped down to the studs/drywalls, each unit/floor has 2Br/1Ba and separate entrances. Convenient location with easy freeway access, close to shopping, bus, parks and schools. Buyers to verify all information to own satisfaction.

Last Agent to Sell the Property

Paul Lau

John L. Scott Des Moines License #71801 Listed on: 06/29/2015

John L. Scott Des Moines

Last Buyer's Agent

Patrick Lee

L4 Realty License #25600

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM811461

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,809

Year Built

  • Built in 1927

Lot Details

  • Property is Fully Fenced
  • Lot Has A Rolling Slope
  • Value in Land
  • Property is zoned LR2

Parking

  • Off-Street Parking

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Fireplace
  • Rough-In Basement
  • Natural lighting in basement

Community Details

  • Rainier Beach Community

Listing and Financial Details

  • Assessor Parcel Number 7129305015

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,809

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 15 - Multi Level
  • Building Information: Built On Lot
  • Year Built: 1927
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 6.00
  • Main Floor Bedrooms: 2
  • Lower Level Bedroom: 2
  • Bathrooms: 3.00
  • Total Full Bathrooms: 3
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Basement: Daylight, Roughed In
  • Estimated Sq Ft: 2400
  • Square Footage Unfinished: 2400

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Composition

Garage/Parking

  • Parking Type: Off Street

Utilities

  • Power Company: Seattle City Light
  • Sewer: Sewer Connected
  • Sewer Company: City of Seattle
  • Water Company: City of Seattle
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Rainier Beach

Schools

  • Elementary School: Dunlap
  • Middle School: South Lake High
  • High School: Rainier Beach High
  • School District: SEA

Lot Info

  • Lot Details: Curbs, Paved Street, Sidewalk, Value In Land
  • Lot Sq Ft: 5500
  • Lot Topography Vegetation: Partial Slope, Rolling
  • Parcel Number: 7129305015
  • Zoning Code: LR2
  • Zoning Jurisdiction: City
  • Lot Topography: Partial Slope, Rolling

Tax Info

  • Tax Amount: 2058

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 15, 2017
Sold by
Lee Patrick S
Bought by
L4 Investments Llc
Current Estimated Value
$830,216

Purchase Details

Closed on
Jul 28, 2016
Sold by
Lim Jin Ah
Bought by
Lee Patrick S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 27, 2016
Sold by
L4 Investments Llc
Bought by
Lee Patrick S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jun 29, 2015
Closed on
Oct 27, 2015
Sold by
Chan Lee Ha and Chan Lee Ha Elisa
Bought by
L4 Investments Llc
Seller's Agent
Paul Lau
John L. Scott Des Moines
Buyer's Agent
Patrick Lee
L4 Realty
List Price
$239,000
Sold Price
$220,000
Premium/Discount to List
-$19,000
-7.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.50%

Purchase Details

Closed on
Sep 18, 1995
Sold by
Quach Hung and Quach Hung Han
Bought by
Tse Bennett C and Chan Lee Ha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,800
Interest Rate
7.97%
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
L4 Investments Llc -- None Available
Lee Patrick S -- Ticor National
Lee Patrick S -- Ticor National
L4 Investments Llc $220,000 First American
Tse Bennett C $83,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open L4 Investments Llc $471,375
Previous Owner Lee Patrick S $318,000
Previous Owner Tse Bennet C $100,000
Previous Owner Tse Bennett C $100,000
Previous Owner Tse Bennett C $99,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2015 10/30/15 Sold $220,000 -7.9% $92 / Sq Ft
10/09/2015 10/09/15 Pending -- -- --
10/07/2015 10/07/15 For Sale $239,000 0.0% $100 / Sq Ft
09/30/2015 09/30/15 Pending -- -- --
09/26/2015 09/26/15 Price Changed $239,000 -4.4% $100 / Sq Ft
09/17/2015 09/17/15 For Sale $250,000 0.0% $104 / Sq Ft
08/20/2015 08/20/15 Pending -- -- --
08/13/2015 08/13/15 Price Changed $250,000 -7.1% $104 / Sq Ft
08/11/2015 08/11/15 For Sale $269,000 0.0% $112 / Sq Ft
08/07/2015 08/07/15 Pending -- -- --
07/31/2015 07/31/15 For Sale $269,000 0.0% $112 / Sq Ft
07/09/2015 07/09/15 Pending -- -- --
07/07/2015 07/07/15 For Sale $269,000 0.0% $112 / Sq Ft
07/03/2015 07/03/15 Pending -- -- --
06/29/2015 06/29/15 For Sale $269,000 -- $112 / 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 $7,809 $764,000 $195,000 $569,000
2023 $7,191 $715,000 $166,000 $549,000
2022 $5,998 $798,000 $166,000 $632,000
2021 $5,726 $607,000 $139,000 $468,000
2020 $5,336 $551,000 $127,000 $424,000
2018 $4,709 $547,000 $115,000 $432,000
2017 $3,528 $442,000 $93,000 $349,000
2016 $2,887 $334,000 $82,000 $252,000
2015 $2,340 $262,000 $73,000 $189,000
2014 -- $225,000 $63,000 $162,000
2013 -- $178,000 $55,000 $123,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM811461

Northwest Multiple Listing Service (NWMLS)

APN: 712930-5015