Listed by Paragon Real Estate Advisors
NOT LISTED FOR SALE

Estimated Value: $1,191,000 - $1,431,000

3 Beds
2 Baths
1,820 Sq Ft
$696/Sq Ft Est. Value

Last Sold August 29, 2018

Last sale price $1,525,000 $838 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $7,630/month

40 Days on Market

About This Home

As of August 2018

The Broadway Duplex sits on 5,000 of LR1 Zoning and is located in the Capitol Hill Neighborhood of Seattle. This site provides an investor or developer with the opportunity to update the duplex or build townhouse units. The property is well located on the North End of Broadway with views of Downtown Seattle from the top 2bd/1bth unit. It is conveniently located with walking distance to all of the popular restaurants and amenities that Broadway Ave E has to offer.

Last Agent to Sell the Property

Brian Platt

Paragon Real Estate Advisors License #85375 Listed on: 05/02/2018

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1284669

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,435

Year Built

  • Built in 1911

Lot Details

  • 5,000 Sq Ft Lot

Home Design

  • Duplex
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 1,820 Sq Ft Home
  • 2-Story Property

Parking

  • 1 Parking Space
  • Open Parking

Community Details

  • Broadway Subdivision

Listing and Financial Details

  • Assessor Parcel Number 9831200600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,435

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1911
  • Buyer Agency Compensation: 2.75
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1820
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: See Remarks
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 1
  • Open Parking: Yes
  • Total Parking Spaces: 1
  • ParkingUncoveredSpaces: 1

Utilities

  • Sewer: Available
  • Heating Yn: Yes
  • Utilities: Electric
  • WaterSewerGarbage: 2400

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 9831200600
  • Lot Size Acres: 0.1148
  • Lot Size: 5000
  • Lot Size Sq Ft: 5000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: county
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 32
  • LeasedItems: None
  • TotalMonthlyIncome: 4645

Multi Family

  • Gross Scheduled Income: 55740
  • Net Operating Income: 40393
  • Number Of Units Total: 2
  • Electric Expense: 240
  • Insurance Expense: 800
  • Leasable Area: 2740
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2017
  • Tax Annual Amount: 8435

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 8, 2020
Sold by
930 Broadway Llc
Bought by
Dunn Casey James and Dunn Desirae Fu
Current Estimated Value
$1,267,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,105,150
Interest Rate
2.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 22, 2020
Sold by
Glasshouse Four Llc
Bought by
930 Broadway Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000,000
Interest Rate
3.3%
Mortgage Type
Construction

Purchase Details

Listed on
May 2, 2018
Closed on
Aug 31, 2018
Sold by
Lang Richard C
Bought by
Glasshouse Four Llc
Seller's Agent
Brian Platt
Paragon Real Estate Advisors
List Price
$1,795,000
Sold Price
$1,525,000
Premium/Discount to List
-$270,000
-15.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.56%
Original Mortgage
$888,496
Interest Rate
4.5%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 23, 2017
Sold by
Lang Richard Charles
Bought by
Lang Richard Charles

Purchase Details

Closed on
Mar 15, 2003
Sold by
Bodley Bradford H
Bought by
Lang Richard C and Lang Karen G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$413,100
Interest Rate
4.25%
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
Dunn Casey James $1,381,464 Old Republic Title
930 Broadway Llc $4,400,000 None Available
Glasshouse Four Llc $1,524,700 Fidelity National Title
Lang Richard Charles -- None Available
Lang Richard C $525,000 Fidelity Natio
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dunn Casey James $1,105,150
Previous Owner 930 Broadway Llc $25,000,000
Previous Owner Glasshouse Four Llc $888,496
Previous Owner Lang Richard C $413,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2018 08/29/18 Sold $1,525,000 -15.0% $838 / Sq Ft
06/11/2018 06/11/18 Pending -- -- --
05/24/2018 05/24/18 For Sale $1,795,000 0.0% $986 / Sq Ft
05/07/2018 05/07/18 Pending -- -- --
05/02/2018 05/02/18 For Sale $1,795,000 -- $986 / 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 $10,929 $1,161,000 $519,000 $642,000
2023 $10,198 $1,099,000 $495,000 $604,000
2022 $3,505 $1,120,000 $520,000 $600,000
2021 $10,962 $387,400 $320,500 $66,900
2020 $12,823 $1,119,000 $1,119,000 $0
2018 $11,605 $1,325,000 $1,315,000 $10,000
2017 $8,435 $1,162,000 $1,152,000 $10,000
2016 $7,887 $864,000 $544,000 $320,000
2015 $6,790 $789,000 $494,000 $295,000
2014 -- $693,000 $412,000 $281,000
2013 -- $725,000 $393,000 $332,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1284669

Northwest Multiple Listing Service (NWMLS)

APN: 983120-0600