Listed by Real Broker LLC, Bought with eXp Realty
NOT LISTED FOR SALE

Estimated Value: $723,000

4 Beds
2 Baths
1,540 Sq Ft
$469/Sq Ft Est. Value

Last Sold March 10, 2015

Last sale price $235,000 $153 Per Sq Ft

Est. 208% increase in value since last sale

Current estimated payment $4,662/month

187 Days on Market

Highlights

  • RV Access or Parking
  • Thermal Windows
  • High Speed Internet
  • Wood Flooring
  • Views
  • 1-Story Property

About This Home

As of March 2015

DUPLEX: Here is your opportunity to purchase a solid investment property! Recently updated units; 2 bed/ 1 bath, 770 SQFT, w/ fireplaces and individual washers & dryers. Currently rented for $900/ each, tenants pay all utilities. Instant cash flow w/ a true 8% Cap. Rate! Extra-large 9279 sqft lot overlooking a wooded ravine; Zoned LR2= Future Development Potential.

Last Agent to Sell the Property

Charles Burnett

Real Broker LLC License #50261 Listed on: 06/28/2014

Co-Listed By

Nicholas Vilvandre'

Keller Williams Downtown Sea License #107068

Last Buyer's Agent

Adisu Fanta

eXp Realty License #115161

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 659599

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,862

Year Built

  • Built in 1955

Lot Details

  • 9,279 Sq Ft Lot

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,540 Sq Ft Home
  • 1-Story Property
  • Thermal Windows
  • Property Views

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 2 Parking Spaces
  • Open Parking
  • RV Access or Parking

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Rainier Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7131300032

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,862

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1955
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1540
  • SOCComments: 3%
  • Special Features: VirtualTour
  • Cumulative Days on Market: 536

Interior Features

  • Possible Use: Multi-Family, Residential
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Vinyl, Carpet
  • Interior Amenities: Forced Air, Ceramic Tile, Hardwood, Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Thermal Windows

Exterior Features

  • Roof: Composition
  • View: See Remarks
  • Lot Features: Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Metal/Vinyl
  • Foundation Details: Poured Concrete
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 2
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Community
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Electric, Natural Gas Connected
  • WaterSewerGarbage: 0

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 7131300032
  • Lot Size Acres: 0.213
  • Lot Size Sq Ft: 9279
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Gas Available,High Speed Internet,RV Parking
  • MLSLotSizeSource: Realist
  • ZoningClass: Multi-Family,Residential

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 11
  • LeasedItems: None
  • TotalMonthlyIncome: 1800

Multi Family

  • Gross Scheduled Income: 21600
  • Net Operating Income: 19138
  • Number Of Units Total: 2
  • Insurance Expense: 600
  • Leasable Area: 1540
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2014
  • Tax Annual Amount: 1862

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 14, 2020
Sold by
Clark Joseph and Mitchell Samuel
Bought by
Station 33 Llc
Current Estimated Value
$723,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 17, 2020
Sold by
Zerai Senai
Bought by
Clark Joseph and Mitchell Samuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 28, 2014
Closed on
Mar 6, 2015
Sold by
Botherton Ryan
Bought by
Zerai Senai
Seller's Agent
Charles Burnett
Real Broker LLC
Buyer's Agent
Adisu Fanta
eXp Realty
List Price
$252,000
Sold Price
$235,000
Premium/Discount to List
-$17,000
-6.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,743
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 6, 2009
Sold by
Eastside Funding Llc
Bought by
Brotherton Ryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,027
Interest Rate
5.97%

Purchase Details

Closed on
Nov 25, 2003
Sold by
Russell William F and Russell Marilyn N
Bought by
Cravens Carl L and Cravens Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,750
Interest Rate
6%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Station 33 Llc -- None Listed On Document
Clark Joseph $556,200 First American
Zerai Senai $235,000 Old Republic
Brotherton Ryan -- None Available
Brotherton Ryan $172,737 None Available
Cravens Carl L $225,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Station 33 Llc $225,000
Previous Owner Station 33 Llc $225,000
Previous Owner Clark Joseph $537,636
Previous Owner Zerai Senai $282,000
Previous Owner Zerai Senai $287,000
Previous Owner Zerai Senai $230,743
Previous Owner Brotherton Ryan $145,000
Previous Owner Brotherton Ryan $136,027
Previous Owner Cravens Carl L $168,750
Closed Cravens Carl L $33,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2015 03/10/15 Sold $235,000 -6.7% $153 / Sq Ft
01/04/2015 01/04/15 Pending -- -- --
06/30/2014 06/30/14 For Sale $252,000 -- $164 / 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
2022 $5,987 $631,000 $184,000 $447,000
2021 $5,054 $480,000 $154,000 $326,000
2020 $4,506 $436,000 $140,000 $296,000
2018 $3,437 $365,000 $115,000 $250,000
2017 $2,998 $295,000 $93,000 $202,000
2016 $2,468 $264,000 $82,000 $182,000
2015 $2,107 $207,000 $73,000 $134,000
2014 -- $178,000 $63,000 $115,000
2013 -- $141,000 $55,000 $86,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 659599

Northwest Multiple Listing Service (NWMLS)

APN: 713130-0032