Listed by Paragon Real Estate Advisors, Bought with John L. Scott, Inc.
NOT LISTED FOR SALE

Estimated Value: $833,000 - $983,000

4 Beds
2 Baths
2,080 Sq Ft
$446/Sq Ft Est. Value

Last Sold November 01, 2021

Last sale price $870,000 $418 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $5,719/month

10 Days on Market

Highlights

  • Wood Siding
  • B.F. Day Elementary School Rated A-
  • 3-minute walk to A. B. Ernst Park

About This Home

As of November 2021

This well-maintained building offers a spacious, bright, 3 bedroom upper unit with hardwood floors, granite-trimmed fireplace, large kitchen with modern appliances, and updated bathroom. The Lower unit is a cozy 1 bed plus den with newer carpet in bedrooms, Pergo flooring throughout, large brick-trimmed fireplace. Both units have a washer and dryer and there is one off street parking space.

This property is well located between Wallingford and Fremont with many amenities in walking distance. This building offers the savvy investor substantial upside in rents or a perfect owner-occupied opportunity

Last Agent to Sell the Property

Nick Hemming

Paragon Real Estate Advisors License #120684 Listed on: 09/20/2021

Co-Listed By

Ryan Iles

Paragon Real Estate Advisors License #108410

Last Buyer's Agent

Lori Weaver

John L. Scott, Inc. License #133844

John L. Scott, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1842691

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,906

Year Built

  • Built in 1952

Lot Details

  • 2,934 Sq Ft Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,080 Sq Ft Home
  • 2-Story Property

Parking

  • 1 Parking Space
  • Open Parking

Community Details

  • Fremont Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1972202520

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,906

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1952
  • Buyer Agency Compensation: 2%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2080
  • Special Features: None
  • Cumulative Days on Market: 352

Interior Features

  • Fireplace: No
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Brick, Wood
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 1776

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 1972202520
  • Lot Size Acres: 0.0674
  • Lot Size Sq Ft: 2934
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: King County

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 19
  • LeasedItems: None
  • TotalMonthlyIncome: 3848

Multi Family

  • Gross Scheduled Income: 46176
  • Net Operating Income: 35527
  • Number Of Units Total: 2
  • Insurance Expense: 582
  • Leasable Area: 2080
  • EnergySource: Electric
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2021
  • Tax Annual Amount: 5906

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2021
Closed on
Oct 28, 2021
Sold by
Arnett Douglas B and Arnett Lenee M
Bought by
Bajwa Nadeem Ali and Bajwa Lala Rukh
Seller's Agent
Nick Hemming
Paragon Real Estate Advisors
Buyer's Agent
Lori Weaver
John L. Scott, Inc.
List Price
$899,000
Sold Price
$870,000
Premium/Discount to List
-$29,000
-3.23%
Current Estimated Value
$926,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,796
Avg. Annual Appreciation
3.23%
Original Mortgage
$652,500
Outstanding Balance
$602,712
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$378,300

Purchase Details

Listed on
Sep 14, 2012
Closed on
Nov 5, 2012
Sold by
Taksa Jack L and Taksa Patti S
Bought by
Arnett Douglas B and Arnett Lenee M
Seller's Agent
Susan Torrey
Coldwell Banker Danforth
Buyer's Agent
Donna Lindsay
Windermere Real Estate Co.
List Price
$482,000
Sold Price
$482,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.81%
Original Mortgage
$361,500
Interest Rate
3.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 24, 2006
Sold by
Yanity Molly
Bought by
Taksa Jack L and Taksa Patti S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$453,560
Interest Rate
2.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 25, 2004
Sold by
Klundt Jerry A
Bought by
Yanity Molly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,800
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 28, 1992
Sold by
Bolliger Development Co
Bought by
Klundt Jerry A
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
Bajwa Nadeem Ali $870,000 Fidelity National Title
Arnett Douglas B $480,993 Rainier Title
Taksa Jack L $566,950 Rainier Title
Yanity Molly $398,500 Ticor National
Klundt Jerry A $169,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bajwa Nadeem Ali $652,500
Previous Owner Arnett Douglas B $361,500
Previous Owner Taksa Jack L $453,560
Previous Owner Yanity Molly $82,000
Previous Owner Yanity Molly $66,200
Previous Owner Yanity Molly $318,800
Closed Yanity Molly $59,775
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2021 11/01/21 Sold $870,000 -3.2% $418 / Sq Ft
09/30/2021 09/30/21 Pending -- -- --
09/20/2021 09/20/21 For Sale $899,000 +86.5% $432 / Sq Ft
11/13/2012 11/13/12 Sold $482,000 0.0% $232 / Sq Ft
10/05/2012 10/05/12 Pending -- -- --
09/14/2012 09/14/12 For Sale $482,000 -- $232 / 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 $7,739 $791,000 $525,000 $266,000
2023 $7,261 $758,000 $515,000 $243,000
2022 $6,800 $847,000 $469,000 $378,000
2021 $5,906 $730,000 $413,000 $317,000
2020 $5,918 $598,000 $206,000 $392,000
2018 $5,512 $625,000 $218,000 $407,000
2017 $4,850 $548,000 $191,000 $357,000
2016 $4,507 $498,000 $174,000 $324,000
2015 $4,116 $452,000 $159,000 $293,000
2014 -- $421,000 $143,000 $278,000
2013 -- $370,000 $126,000 $244,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1842691

Northwest Multiple Listing Service (NWMLS)

APN: 197220-2520