NOT LISTED FOR SALE

Estimated Value: $1,127,787 - $1,142,000

-- Bed
-- Bath
3,332 Sq Ft
$341/Sq Ft Est. Value

Last Sold November 10, 2021

Last sale price $985,000 $296 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $6,982/month

19 Days on Market

Highlights

  • City View
  • Thermal Windows
  • Partially Fenced Property
  • Corner Lot
  • High Speed Internet
  • Wood Siding

About This Home

As of November 2021

Investor alert! First time on the market in 17 years! Here’s your chance to own this amazing 4-plex smack dab in the path of progress! These spacious, centrally located, 1-Bed, 1-Bath units have roughly 833 sqft of living space, full size WD in each unit, open floor plans all w/newer double pane vinyl windows & carpet. Conveniently located minutes from DT Seattle, Sea-Tac Airport, Schools, Parks, Shopping & Transit, I-5, HWY 99, 509 & I-90. Purchase as an investment or buy as a personal residence. House hack, live in one unit & rent out the other 3! Below market rentals create amazing upside potential! These units are never vacant long! Current long-term tenants would love to stay and are all on month-to-month leases. Hurry this won't last!

Last Agent to Sell the Property

Danan Powell

COMPASS License #20122375 Listed on: 09/13/2021

COMPASS

Last Buyer's Agent

Danan Powell

COMPASS License #20122375 Listed on: 09/13/2021

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1827662

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,560

Year Built

  • Built in 1980

Lot Details

  • 6,750 Sq Ft Lot
  • Partially Fenced Property
  • Corner Lot
  • Property is in good condition

Property Views

  • City
  • Mountain
  • Territorial

Home Design

  • Quadruplex
  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,332 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 6 Parking Spaces
  • Open Parking

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • State Add To Seattle 04 Condos
  • Highland Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7972604755

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,560

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1980
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: State Add to Seattle 04
  • New Construction: No
  • CalculatedSquareFootage: 3332
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: City, Mountain(s), Territorial
  • Lot Features: Corner Lot, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Slab
  • Property Condition: Good
  • Structure Type: Quadruplex
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 6
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 6

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: Seattle of Seattle
  • WaterCompany: City of Seattle
  • WaterSewerGarbage: 9000

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Parcel Number: 7972604755
  • Lot Size Acres: 0.155
  • Lot Size Sq Ft: 6750
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,High Speed Internet
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 15
  • LeasedItems: None
  • TotalMonthlyIncome: 5580

Multi Family

  • Gross Scheduled Income: 66960
  • Net Operating Income: 45700
  • Number Of Units Total: 4
  • Insurance Expense: 2700
  • Leasable Area: 3332
  • EnergySource: Electric
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 4

Tax Info

  • Year: 2021
  • Tax Annual Amount: 9560

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2021
Closed on
Oct 15, 2021
Sold by
Healey Lynette
Bought by
Huynh Viet Quoc and Duong Bich Dao
Seller's Agent
Danan Powell
COMPASS
Buyer's Agent
Danan Powell
COMPASS
List Price
$1,030,000
Sold Price
$985,000
Premium/Discount to List
-$45,000
-4.37%
Current Estimated Value
$1,134,894

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,894
Avg. Annual Appreciation
3.96%
Original Mortgage
$712,500
Outstanding Balance
$658,509
Interest Rate
3.01%
Mortgage Type
New Conventional
Estimated Equity
$484,759

Purchase Details

Closed on
Jul 6, 2004
Sold by
Healey Kevin D
Bought by
Healey Lynette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,500
Interest Rate
6.25%

Purchase Details

Closed on
May 25, 2004
Sold by
Jones Leonard N and Jones Sandra L
Bought by
Healey Kevin D and Healey Lynette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,500
Interest Rate
6.25%
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
Huynh Viet Quoc $985,000 First American Title
Healey Lynette -- Fidelity Natio
Healey Kevin D $227,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huynh Viet Quoc $712,500
Previous Owner Healey Lynette $220,500
Previous Owner Healey Kevin D $27,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2021 11/10/21 Sold $985,000 -4.4% $296 / Sq Ft
10/02/2021 10/02/21 Pending -- -- --
09/13/2021 09/13/21 For Sale $1,030,000 -- $309 / 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 $10,156 $968,000 $506,200 $461,800
2023 $9,284 $1,029,000 $506,200 $522,800
2022 $9,995 $1,010,000 $472,500 $537,500
2021 $9,560 $1,016,000 $405,000 $611,000
2020 $8,792 $924,000 $405,000 $519,000
2018 $6,567 $656,000 $337,500 $318,500
2017 $5,754 $606,000 $270,000 $336,000
2016 $5,235 $546,000 $202,500 $343,500
2015 $4,603 $484,000 $202,500 $281,500
2014 -- $433,000 $202,500 $230,500
2013 -- $433,000 $337,500 $95,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1827662

Northwest Multiple Listing Service (NWMLS)

APN: 797260-4755