Listed by HomeSmart Real Estate Assoc, Bought with Windermere Real Estate Midtown
$830,000
SOLD AUG 17, 2015
-- Bed
-- Bath
2,800 Sq Ft
5,000 Sq Ft Lot

Recently Sold

$296 Per Sq Ft

2% Below List Price

21 Days on Market

Highlights

  • Territorial View
  • Thermal Windows
  • Wall to Wall Carpet
  • West Woodland Elementary School Rated A
  • Partially Fenced Property
  • 2-minute walk to Gemenskap Park

About This Home

As of November 2024

This Triplex (Duplex with extra unit) is in an Excellent Location in the heart of Ballard Extremely well maintained inside and out, always rented, always updated. First time in market in over 35 years, w/3 different rentals of 2 bedrms and 1 bath EACH. 2 units have 1 car garage EACH, plus EACH has 1 off-street prkng.
Low maintenance exterior with Marblecrete, Brick, limited Cedar Siding,& low maint landscaping.
Rentals below market allow for income growth, and Location for Capital Growth.

Last Agent to Sell the Property

George Brain

HomeSmart Real Estate Assoc License #110377 Listed on: 06/23/2015

HomeSmart Real Estate Assoc

Last Buyer's Agent

Dan Wilcynski

Windermere Real Estate Midtown License #50120

Windermere Real Estate Midtown

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 808431

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,857

Year Built

  • Built in 1968

Lot Details

  • 5,000 Sq Ft Lot
  • Partially Fenced Property
  • Property is in good condition

Home Design

  • Triplex
  • Brick Exterior Construction
  • Poured Concrete
  • Bitumen Roof
  • Wood Composite

Interior Spaces

  • 2,800 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 5 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Schools

  • West Woodland Elementary School
  • Hamilton Mid Middle School
  • Ballard High School

Utilities

  • Cable TV Available

Community Details

  • Ballard Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0999000235

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,857

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1968
  • Buyer Agency Compensation: 3.0
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2800
  • EffectiveYearBuiltSource: Public Records
  • SOCComments: ON NET
  • Special Features: None
  • Cumulative Days on Market: 334

Interior Features

  • Possible Use: Multi-Family, Residential
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Forced Air, Wall to Wall Carpet, Laminate Hardwood
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry,Thermal Windows

Exterior Features

  • Roof: Torch Down
  • View: Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Brick, Cement/Concrete, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Triplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 3
  • Open Parking: Yes
  • Total Parking Spaces: 5
  • ParkingUncoveredSpaces: 3

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: Seattle City Light
  • SewerCompany: Seattle Public Utilities
  • WaterCompany: Seattle Public Utilites
  • WaterSewerGarbage: 3417

Schools

  • Junior High Dist: Seattle
  • High School: Ballard High
  • Middle Or Junior School: Hamilton Mid

Lot Info

  • Parcel Number: 0999000235
  • Lot Size Acres: 0.1148
  • Lot Size Sq Ft: 5000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially
  • MLSLotSizeSource: Realist
  • ZoningClass: Multi-Family,Residential

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 17
  • LeasedItems: Washer/Dryer
  • TotalMonthlyIncome: 4060

Multi Family

  • Gross Scheduled Income: 48720
  • Net Operating Income: 37375
  • Number Of Units Total: 3
  • Electric Expense: 671
  • Insurance Expense: 1400
  • Leasable Area: 3450
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2015
  • Tax Annual Amount: 5857

MLS Schools

  • Elementary School: West Woodland

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2024
Closed on
Oct 25, 2024
Sold by
Petry Ian S and Kurpuis Leonard E
Bought by
Reyatt Simran and Sangha-Reyatt Sukhbir
Seller's Agent
Larry Wilcynski
Windermere Real Estate Midtown
Buyer's Agent
Sajith Sahadevan
KW Greater Seattle
List Price
$1,398,000
Sold Price
$1,298,000
Premium/Discount to List
-$100,000
-7.15%
Views
21
Current Estimated Value
$1,396,237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,237
Avg. Annual Appreciation
10.51%
Original Mortgage
$908,600
Outstanding Balance
$904,109
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$492,128

Purchase Details

Closed on
Mar 29, 2021
Sold by
Petry Stuart Ian
Bought by
Petry Stuart Ian and Kurpuis Leonard Ellsworth

Purchase Details

Listed on
Jun 23, 2015
Closed on
Aug 14, 2015
Sold by
Yarno David L and Yarno Laurence H
Bought by
Petry Ian
Seller's Agent
George Brain
HomeSmart Real Estate Assoc
Buyer's Agent
Dan Wilcynski
Windermere Real Estate Midtown
List Price
$850,000
Sold Price
$830,000
Premium/Discount to List
-$20,000
-2.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.37%
Original Mortgage
$645,300
Interest Rate
4.05%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,298,000 Chicago Title
Interfamily Deed Transfer -- Accommodation
Warranty Deed $830,000 Ticor National
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $908,600 New Conventional
Previous Owner $645,300 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2024 11/01/24 Sold $1,298,000 -3.7% $434 / Sq Ft
09/20/2024 09/20/24 Pending -- -- --
07/19/2024 07/19/24 Price Changed $1,348,000 -3.6% $451 / Sq Ft
06/13/2024 06/13/24 For Sale $1,398,000 0.0% $468 / Sq Ft
06/13/2024 06/13/24 Off Market $1,398,000 -- --
06/12/2024 06/12/24 For Sale $1,398,000 +68.4% $468 / Sq Ft
08/17/2015 08/17/15 Sold $830,000 -2.4% $296 / Sq Ft
07/15/2015 07/15/15 Pending -- -- --
06/23/2015 06/23/15 For Sale $850,000 -- $304 / 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 $12,197 $1,249,000 $607,000 $642,000
2023 $11,246 $1,170,000 $557,000 $613,000
2022 $10,868 $1,280,000 $526,000 $754,000
2021 $10,189 $1,165,000 $500,000 $665,000
2020 $10,548 $1,036,000 $356,000 $680,000
2018 $9,495 $1,058,000 $379,000 $679,000
2017 $8,077 $947,000 $342,000 $605,000
2016 $7,291 $830,000 $300,000 $530,000
2015 $5,765 $730,000 $268,000 $462,000
2014 -- $586,000 $221,000 $365,000
2013 -- $540,000 $204,000 $336,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 808431

Northwest Multiple Listing Service (NWMLS)

APN: 099900-0235