NOT LISTED FOR SALE

Estimated Value: $1,062,000 - $1,094,000

3 Beds
2 Baths
1,400 Sq Ft
$773/Sq Ft Est. Value

Last Sold February 29, 2024

Last sale price $1,050,000 $750 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $6,718/month

5 Days on Market

Highlights

  • Deck
  • Territorial View
  • No HOA
  • Hamilton International Middle School Rated A
  • Wood Flooring
  • 4-minute walk to Sun Bear Park

About This Home

As of February 2024

Just 2 blocks from Lake Union, this well-maintained legal duplex sits up high off of the street. View porch, open living/dining area. Gleaming newly refinished hardwoods & freshly painted interior. Deck of kitchen to wooded garden setting, ideal for BBQs, pets & play. 2 BR + BA on main. Legal unit studio apt w/separate entrance, & shared laundry. Offers great opportunity as rental or sfr w/income studio. Many updates, John Stanford Int geo zone. Walk/bike to Lk Union, BGT, restaurants, amenities. Minutes to UW and downtown.

Last Listed By

Alex Black

KW Greater Seattle License #3698 Listed on: 02/08/2024

KW Greater Seattle

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2198430

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,519

Year Built

  • Built in 1906

Lot Details

  • 4,000 Sq Ft Lot
  • Partially Fenced Property

Home Design

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

Interior Spaces

  • 1,400 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Outdoor Features

  • Deck

Schools

  • Green Lake Elementary School
  • Hamilton Mid Middle School
  • Lincoln High School

Utilities

  • Forced Air Heating System
  • Baseboard Heating
  • Radiant Heating System
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Latona Subdivision Condos
  • Wallingford Subdivision

Listing and Financial Details

  • Legal Lot and Block 13 / 21
  • Assessor Parcel Number 4206901725

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,519

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1906
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Latona subdivision
  • New Construction: No
  • CalculatedSquareFootage: 1400
  • Special Features: None
  • Cumulative Days on Market: 237

Interior Features

  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Laminate
  • Interior Amenities: Ceramic Tile, Hardwood, Laminate
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement/Concrete, Wood, Wood Products
  • Foundation Details: Block, Post & Pillar, Poured Concrete
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Open Parking: No
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Forced Air, Radiant
  • Heating Yn: Yes
  • PowerCompany: SCL
  • SewerCompany: SPU
  • WaterCompany: SPU
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Parcel Number: 4206901725
  • Lot Size Acres: 0.0918
  • Lot Size Sq Ft: 4000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,Gas Available,High Speed Internet
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist
  • LotNumber: 13

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • GrossRentMultiplier: 19.58
  • LeasedItems: Water Tank
  • TotalMonthlyIncome: 0

Multi Family

  • Gross Scheduled Income: 48000
  • Net Operating Income: 37871
  • Number Of Units Total: 2
  • Insurance Expense: 1170
  • Leasable Area: 1400
  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: true
  • VacancyRate: 3

Tax Info

  • Year: 2023
  • Tax Annual Amount: 7519

MLS Schools

  • Elementary School: Green Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2024
Closed on
Feb 26, 2024
Sold by
Ludwin Ruth
Bought by
Yang Shixuan and Yang Ruyi
Seller's Agent
Alex Black
KW Greater Seattle
Buyer's Agent
Mindy Sun
Flyhomes
List Price
$940,000
Sold Price
$1,050,000
Premium/Discount to List
$110,000
11.7%
Total Days on Market
5
Views
5
Current Estimated Value
$1,082,412

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,412
Avg. Annual Appreciation
3.29%
Original Mortgage
$735,000
Interest Rate
6.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 2003
Sold by
Rodriguez Luis
Bought by
Ludwin Ruth

Purchase Details

Closed on
Mar 25, 1985
Sold by
Mendenhall Brad
Bought by
Rodriguez Luis and Ruth Ludwin

Range of Values:

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Average Value
Not Available
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
Yang Shixuan $1,050,000 First American Title
Ludwin Ruth -- --
Rodriguez Luis $61,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yang Shixuan $732,000
Closed Yang Shixuan $735,000
Closed Yang Shixuan $787,500
Previous Owner Ludwin Ruth $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/29/2024 02/29/24 Sold $1,050,000 +11.7% $750 / Sq Ft
02/13/2024 02/13/24 Pending -- -- --
02/08/2024 02/08/24 For Sale $940,000 -- $671 / 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 $8,260 $834,000 $687,000 $147,000
2023 $7,777 $799,000 $674,000 $125,000
2022 $7,053 $863,000 $613,000 $250,000
2021 $8,619 $744,000 $540,000 $204,000
2020 $8,645 $876,000 $439,000 $437,000
2018 $8,047 $917,000 $462,000 $455,000
2017 $7,083 $803,000 $405,000 $398,000
2016 $6,588 $730,000 $368,000 $362,000
2015 $5,613 $663,000 $335,000 $328,000
2014 -- $576,000 $301,000 $275,000
2013 -- $506,000 $265,000 $241,000
Source: Public Records

Agents Affiliated with this Home

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2198430

Northwest Multiple Listing Service (NWMLS)

APN: 420690-1725