Listed by Griffin Realty Group, Inc., Bought with Skyline Properties, Inc.
NOT LISTED FOR SALE

Estimated Value: $1,313,000 - $1,476,000

6 Beds
3 Baths
2,370 Sq Ft
$590/Sq Ft Est. Value

Sale Details

Date Sold: September 14, 2018

Last sale price $925,000 $390 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $8,588 / mo

7 Days on Market

Highlights

  • Property is near public transit and bus stop
  • Territorial View
  • 1 Car Attached Garage
  • Laurelhurst Elementary School Rated A-
  • Wood Flooring
  • Patio

About This Home

As of September 2018

Investor Alert! Classic University District home w/great rental potential. 6 bdrms/3 baths. Aggressively priced to sell fast. Well cared for and previously rented under market value for $4,600/month. This is an incredible opportunity for an investor looking for immediate sweat equity or great rental income. The home is in good condition and ready for new renters. Awesome U-District location, near bus lines and just a short walk to UW campus as well as dozens of bars, shops, parks & restaurants.

Last Agent to Sell the Property

Paul Cantu

Griffin Realty Group, Inc. License #17024 Listed on: 07/05/2018

Last Buyer's Agent

Yali Li

Skyline Properties, Inc. License #109014

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1317535

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,646

Year Built

  • Built in 1920

Lot Details

  • 3,700 Sq Ft Lot
  • Property is Fully Fenced
  • Level Lot

Parking

  • 1 Car Attached Garage

Home Design

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

Interior Spaces

  • 2,370 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Territorial Views
  • Finished Basement

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

Additional Features

  • Patio
  • Property is near public transit and bus stop

Community Details

  • University District Subdivision

Listing and Financial Details

  • Legal Lot and Block 4 / 5
  • Assessor Parcel Number 7173700135

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,646

Year Built

Built in 1920

Lot Details

3,700 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 18 - 2 Stories w/Bsmnt
  • Year Built: 1920
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Ravenna Spgs Park Add
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 2370
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: None

Interior Features

  • Fireplaces: 1
  • Basement: Finished
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 6
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Hardwood, Carpet
  • Interior Amenities: Forced Air, Hardwood, Wall to Wall Carpet
  • Living Area: 2370
  • BathsFullMain: 0
  • SquareFootageFinished: 2370
  • SquareFootageUnfinished: 0
  • BathsFullLower: 1
  • BathsFullUpper: 1
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 1
  • BedroomsLower: 3
  • BedroomsUpper: 3

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Post & Pillar, Poured Concrete
  • Structure Type: House
  • BusLineNearby: true

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Open Parking: No
  • Total Parking Spaces: 1

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Utilities: Sewer Connected, Electricity Available
  • HeatingCoolingType: Forced Air
  • PowerCompany: City of Seattle
  • SewerCompany: Seattle Utilities
  • WaterCompany: Seattle Utilities

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: 7173700135
  • Topography: Level
  • Lot Size Acres: 0.0849
  • Lot Size Sq Ft: 3700
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Fully,Patio
  • MLSLotSizeSource: King County Public Records
  • LotNumber: 4

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2018
  • Tax Annual Amount: 7646

Multi Family

  • EnergySource: Electric

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2018
Closed on
Sep 12, 2018
Sold by
Truong Troy and Truong Thanh P
Bought by
Li Guang Dian and Yan Xiu Lin
Seller's Agent
Paul Cantu
Griffin Realty Group, Inc.
Buyer's Agent
Yali Li
Skyline Properties, Inc.
List Price
$899,000
Sold Price
$925,000
Premium/Discount to List
$26,000
2.89%
Current Estimated Value
$1,398,489

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$473,489
Avg. Annual Appreciation
5.55%
Original Mortgage
$693,750
Outstanding Balance
$605,046
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$793,443

Purchase Details

Closed on
Jul 15, 2016
Sold by
Le Michelle T and Tran Sinh V
Bought by
Truong Thanh P

Purchase Details

Closed on
May 23, 2011
Sold by
Le Michelle T and Tran Sinh V
Bought by
Le Michelle T and Tran Sinh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$353,400
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 9, 2006
Sold by
Truong Thanh P and Truong Troy
Bought by
Tran Sinh and Le Michelle T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,000
Interest Rate
6.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 2005
Sold by
Merced Jorge M and Merced Socorro A
Bought by
Truong Troy and Truong Thanh P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,000
Interest Rate
6.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 1996
Sold by
Mcelroy Linda Lee and Mselroy Linda Lee
Bought by
Merced Jorge M and Merced Socorro A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
7.96%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Li Guang Dian $925,000 Fidelity National Title
Truong Thanh P -- None Available
Le Michelle T -- Servicelink
Tran Sinh -- None Available
Truong Troy $470,000 Stewart Title
Merced Jorge M $223,000 Old Republic Title Ltd
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Guang Dian $693,750
Previous Owner Le Michelle T $353,400
Previous Owner Truong Troy $376,000
Previous Owner Merced Jorge M $202,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/14/2018 09/14/18 Sold $925,000 +2.9% $390 / Sq Ft
07/12/2018 07/12/18 Pending -- -- --
07/05/2018 07/05/18 For Sale $899,000 -- $379 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

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 $13,473 $1,401,000 $629,000 $772,000
2023 $10,882 $1,142,000 $594,000 $548,000
2022 $10,646 $1,339,000 $561,000 $778,000
2021 $10,100 $1,151,000 $496,000 $655,000
2020 $10,058 $1,035,000 $428,000 $607,000
2018 $7,646 $830,000 $370,000 $460,000
2017 $6,630 $761,000 $345,000 $416,000
2016 $5,981 $681,000 $309,000 $372,000
2015 $5,474 $599,000 $280,000 $319,000
2014 -- $561,000 $188,000 $373,000
2013 -- $478,000 $161,000 $317,000
Source: Public Records

Agents Affiliated with this Home

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1317535

Northwest Multiple Listing Service (NWMLS)

APN: 717370-0135

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