Listed by 360 Pacific, Bought with Best Choice Realty LLC
NOT LISTED FOR SALE

Estimated Value: $1,231,000 - $1,391,000

9 Beds
8 Baths
4,547 Sq Ft
$288/Sq Ft Est. Value

Last Sold August 27, 2021

Last sale price $1,300,000 $286 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $7,861/month

62 Days on Market

About This Home

As of August 2021

Great Cash Flow opportunity awaits. 100% Occupied. Building comprised of: 2 unit - 2 bed/2 full baths, 1 unit - 2bed/1bath, 1 unit- 3bed/3bath. Proximity to freeways and amenities make it very easy to rent.

Last Agent to Sell the Property

Ton Nguyen

360 Pacific License #74025 Listed on: 05/19/2021

Last Buyer's Agent

Yvette Sanchez

Best Choice Realty LLC License #126018

Best Choice Realty LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1776849

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,273

Year Built

  • Built in 1963

Lot Details

  • 7,500 Sq Ft Lot
  • Property is in good condition

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Brick Exterior Construction
  • Pillar, Post or Pier Foundation
  • Poured Concrete
  • Bitumen Roof
  • Wood Composite

Interior Spaces

  • 4,547 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 4 Parking Spaces
  • Open Parking

Community Details

  • Upper Rainier Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 8066000046

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,273

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1963
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 4547
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet, Laminate
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Flat, Torch Down
  • Lot Features: Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Brick, Wood Products
  • Foundation Details: Post & Pillar, Poured Concrete
  • Property Condition: Good
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: No
  • Open Parking: Yes
  • Total Parking Spaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: SPU
  • WaterCompany: SPU

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 8066000046
  • Lot Size Acres: 0.1722
  • Lot Size: 7500
  • Lot Size Sq Ft: 7500
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 15
  • LeasedItems: None
  • TotalMonthlyIncome: 7093

Tax Info

  • Year: 2021
  • Tax Annual Amount: 7273
  • AdditionalTaxIds: 806600004600

Multi Family

  • Number Of Units Total: 4
  • EnergySource: Electric
  • UnitsBelowGrade: false

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2021
Closed on
Aug 26, 2021
Sold by
Gomez Royvin Josue Cardona and Lugo Ana
Bought by
Lugo Ana
Seller's Agent
Ton Nguyen
360 Pacific
Buyer's Agent
Yvette Sanchez
Best Choice Realty LLC
List Price
$1,300,000
Sold Price
$1,300,000
Current Estimated Value
$1,310,727

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,727
Avg. Annual Appreciation
0.20%
Original Mortgage
$1,000,000
Outstanding Balance
$909,926
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$400,801

Purchase Details

Listed on
May 19, 2021
Closed on
Aug 25, 2021
Sold by
Pham Lang and Hoang Quyen
Bought by
Lugo Ana
Seller's Agent
Ton Nguyen
360 Pacific
Buyer's Agent
Yvette Sanchez
Best Choice Realty LLC
List Price
$1,300,000
Sold Price
$1,300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Outstanding Balance
$909,926
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$400,801

Purchase Details

Listed on
Jan 21, 2012
Closed on
Mar 6, 2012
Sold by
The Bank Of New York Mellon
Bought by
Pham Lang and Hoang Quyen
Seller's Agent
George Noble
Green Stone Properties, Inc.
Buyer's Agent
George Noble
Green Stone Properties, Inc.
List Price
$287,900
Sold Price
$288,100
Premium/Discount to List
$200
0.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.25%

Purchase Details

Closed on
Sep 1, 2011
Sold by
Hubbard Rossevelt V
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Dec 19, 2000
Sold by
Hubbard Carolyn A
Bought by
Hubbard Roosevelt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,000
Interest Rate
7.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 13, 1995
Sold by
Brown Sanda Alexandra
Bought by
Hubbard Roosevelt and Hubbard Carolyn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,046
Interest Rate
7.47%
Mortgage Type
Seller Take Back
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
Lugo Ana -- Fidelity Natl Ttl Co Of Wa I
Lugo Ana $1,300,000 Fidelity Natl Ttl Co Of Wa I
Pham Lang $288,100 None Available
The Bank Of New York Mellon $267,750 None Available
Hubbard Roosevelt -- Pacific Nw Title
Hubbard Roosevelt $141,657 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lugo Ana $1,000,000
Previous Owner Hubbard Roosevelt $259,000
Previous Owner Hubbard Roosevelt $9,046
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/27/2021 08/27/21 Sold $1,300,000 0.0% $286 / Sq Ft
07/20/2021 07/20/21 Pending -- -- --
06/10/2021 06/10/21 For Sale $1,300,000 0.0% $286 / Sq Ft
06/09/2021 06/09/21 Pending -- -- --
05/19/2021 05/19/21 For Sale $1,300,000 +351.2% $286 / Sq Ft
03/09/2012 03/09/12 Sold $288,100 +0.1% $77 / Sq Ft View Prior Sale
02/22/2012 02/22/12 Pending -- -- --
01/21/2012 01/21/12 For Sale $287,900 -- $77 / 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 $11,847 $1,137,000 $375,000 $762,000
2023 $11,619 $1,181,000 $375,000 $806,000
2022 $8,332 $1,283,000 $337,500 $945,500
2021 $8,650 $815,000 $337,500 $477,500
2020 $7,273 $815,000 $337,500 $477,500
2018 $5,236 $567,000 $119,000 $448,000
2017 $4,573 $458,000 $96,000 $362,000
2016 $3,588 $410,000 $85,000 $325,000
2015 $3,039 $321,000 $76,000 $245,000
2014 -- $275,000 $66,000 $209,000
2013 -- $211,000 $58,000 $153,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1776849

Northwest Multiple Listing Service (NWMLS)

APN: 806600-0046