Listed by Windermere West Metro, Bought with Pellego, Inc.
NOT LISTED FOR SALE

Estimated Value: $1,206,005 - $1,369,000

5 Beds
5 Baths
3,640 Sq Ft
$355/Sq Ft Est. Value

Last Sold January 12, 2015

Last sale price $555,000 $152 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $7,929/month

68 Days on Market

Highlights

  • Views of a Sound
  • 0.53 Acre Lot
  • Wood Flooring
  • RV Access or Parking
  • Deck
  • 2-minute walk to 98th St Street End

About This Home

As of January 2015

Unique opportunity in Brace Point beach neighborhood! 1908 grandfathered triplex plus 1942 cottage on a half acre lot. Triplex is a 2 1/2 story structure. Upper unit is 2 br/1bth w/fireplace and Mtn. and Sound views. Ground Level units are 1 br/1bth and studio. cottage is loft 1br/1bth. Zoning SFR 9600; use code multi-family. Street frontage is 117 ft. Off street parking for 6-8 vehicles. "As Is". Accuracy intended, however, buyer should verify! Possibilities galore in an upscale neighborhood!

Last Agent to Sell the Property

Karen Lavallee

Windermere West Metro License #4726 Listed on: 06/18/2014

Windermere West Metro

Last Buyer's Agent

Lucas Roth

Pellego, Inc. License #112132

Pellego, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 652905

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,060

Year Built

  • Built in 1908

Lot Details

  • 0.53 Acre Lot
  • Street terminates at a dead end
  • Value in Land
  • Property is in good condition

Property Views

  • Views of a Sound
  • Mountain Views

Home Design

  • Triplex
  • Pillar, Post or Pier Foundation
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,640 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Parking

  • 6 Parking Spaces
  • Open Parking
  • RV Access or Parking

Outdoor Features

  • Deck
  • Patio

Schools

  • Arbor Heights Elementary School
  • Denny Mid Middle School
  • Sealth High School

Utilities

  • Natural Gas Connected

Community Details

  • Fauntleroy Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2346800270

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,060

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1908
  • Buyer Agency Compensation: 3.0
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3640
  • Special Features: VirtualTour
  • Cumulative Days on Market: 392

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Hardwood, Vinyl, Carpet
  • Interior Amenities: Forced Air, Hardwood, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Basement

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Sound
  • Lot Features: Dead End Street, Paved, Value In Land
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Post & Pillar, Poured Concrete
  • Property Condition: Good
  • Structure Type: Triplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: City of Sea
  • SewerCompany: City of Sea
  • WaterCompany: City of Sea
  • WaterSewerGarbage: 1

Fee Information

  • Annual Fuel Expense: 1

Schools

  • Junior High Dist: Seattle
  • High School: Sealth High
  • Middle Or Junior School: Denny Mid

Lot Info

  • Parcel Number: 2346800270
  • Lot Size Acres: 0.53
  • Lot Size: irreg 117 x 196
  • Lot Size Sq Ft: 23085
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Patio,RV Parking
  • ZoningJurisdiction: City
  • ZoningClass: Residential

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 1
  • LeasedItems: None
  • TotalMonthlyIncome: 3500

Multi Family

  • Gross Scheduled Income: 42000
  • Net Operating Income: 1
  • Number Of Units Total: 4
  • Electric Expense: 1
  • Insurance Expense: 1
  • Leasable Area: 3640
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 1

Tax Info

  • Year: 2014
  • Tax Annual Amount: 6060

MLS Schools

  • Elementary School: Arbor Heights

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2014
Closed on
Jan 6, 2015
Sold by
Weber Alyce and Elton David R
Bought by
Elton David R
Seller's Agent
Karen Lavallee
Windermere West Metro
Buyer's Agent
Lucas Roth
Pellego, Inc.
List Price
$600,000
Sold Price
$555,000
Premium/Discount to List
-$45,000
-7.5%
Current Estimated Value
$1,294,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$739,001
Avg. Annual Appreciation
8.30%
Original Mortgage
$444,000
Interest Rate
3.92%

Purchase Details

Closed on
Aug 27, 2010
Sold by
Morales Cecilia and Morales Leo Sergio
Bought by
Morales Berg Llc

Purchase Details

Closed on
Jun 30, 2010
Sold by
Morales Cecilia
Bought by
Morales Cecilia and Morales Leo Sergio
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
Elton David R -- Cw Title Co
Elton David R $555,000 Cw Title Co
Morales Berg Llc -- None Available
Morales Cecilia -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elton David R $500,000
Closed Elton David R $500,000
Closed Elton David R $444,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2015 01/12/15 Sold $555,000 -7.5% $152 / Sq Ft
08/26/2014 08/26/14 Pending -- -- --
06/18/2014 06/18/14 For Sale $600,000 -- $165 / 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 $10,702 $1,072,000 $969,000 $103,000
2023 $9,834 $930,000 $532,000 $398,000
2022 $8,674 $987,000 $455,000 $532,000
2021 $8,311 $840,000 $393,000 $447,000
2020 $8,233 $768,000 $360,000 $408,000
2018 $8,452 $769,000 $360,000 $409,000
2017 $7,416 $789,000 $356,000 $433,000
2016 $7,177 $695,000 $313,000 $382,000
2015 $6,167 $662,000 $297,000 $365,000
2014 -- $578,000 $260,000 $318,000
2013 -- $518,000 $233,000 $285,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 652905

Northwest Multiple Listing Service (NWMLS)

APN: 234680-0270