Sold
Last Sold Price
2,310 sqft$250/sqft
417 Wells Ave S, Renton, WA 98057
Multi FamilyProperty Type
5,750 sq ftLot Size
1978Year Built
$250/sq ftPrice per sq ft
6 carsParking Spaces

Description

Investor attention! This is the opportunity to own your own space for any kind of business right at downtown Renton. Triplex 100% occupied can have potential higher income. Have the private road on back & the property fully fence. Tenant parking front and back. You can live free when rent the other 2 units or mother in law . Close all amenities in Downtown Renton ,Freeway,Regional transit center. Seller just remodeling all units in very good condition. New upgrades in & out finished. A must see!Investor attention! This is the opportunity to own your own space for any kind of business right at downtown Renton. Triplex 100% occupied can have potential higher income. Have the private road on back & the property fully fence. Tenant parking front and back. You can live free when rent the other 2 units or mother in law . Close all amenities in Downtown Renton ,Freeway,Regional transit center. Seller just remodeling all units in very good condition. New upgrades in & out finished. A must see!
  • Listed by: Darlene Q. Nguyen-Chapman 253.946.4000 ndarlene9@yahoo.com • Berkshire Hathaway HS NW
Listing closed: 06/30/2017 12:00 AM • Source: NWMLS as distributed by MLS GRID, MLS#: 1143887

Recent comparable sales

Median sold price

$670,000

Avg days on market

13

Sale-to-list ratio

96.6%

Renton, WA

9 comparable properties found

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$1,284,000 | 121 Union Avenue Northeast, Renton, WA 98059
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Acres
$515,000 | 1828 Northeast 20th Street, Renton, WA 98056
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a view of a outdoor space
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Unavailable
Bedrooms
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Location

Listing Courtesy of Berkshire Hathaway HS NW

Sold By WP & Associates Realty

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Principal and Interest

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Property Taxes

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Property Information for 417 Wells Avenue South

Property Details
  • Taxes: $3,714 / year
  • MLS Type: Residential Income
  • County: King County
  • Community Name: Downtown
  • School District: Renton
  • Number of Assigned Spaces: 6
  • Total Covered Parking: 0
  • Entry Date: 06-14-2017
  • Sewer: Sewer Connected
Building Information
  • Stories: 2
  • Residences: 3
  • Year Built: 1978
  • Lot Size: 0.13 AC / 5,750 SF
Summary
Location and General Information
  • Style: 53 - Tri-plex
  • Area: 350 - Renton/Highlands
  • Block: 19
  • Effective Year Built Source: Public Records
  • Directions: 405 N . onto 167 Renton. Right to S Grady . Left on Wells . 417
  • Leased Items: Washer/Dryer
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2015
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 6.0
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Furnished: Unfurnished
  • Floor Covering: Laminate, Vinyl, Carpet
  • Features: Wall to Wall Carpet, Laminate Hardwood
  • Amenities: Storage
  • Fireplace: No
  • Heating: Yes
Exterior Features
  • Exterior: Cement Planked, Wood Products
  • Roof: Composition
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 1500
  • Power Company: PSE
  • Sewer Company: Renton
  • Water Company: Renton
  • Power Production Type: Electric
  • Utilities: Sewer Connected, Electric
Property and Assessments
  • New Construction YN: No
  • Foundation: Poured Concrete, Slab
  • Zoning Class: Multi-Family
  • Construction Methods: Standard Frame
  • Possible Use: Multi-Family
  • Preliminary Title Ordered: Yes
  • Special Listing Conditions: None
  • Year Built Effective: 1978
  • Photos Count: 23
Lot Information
  • Lot Details: Curbs, Open Space, Paved, Sidewalk
  • Lot Size Dimensions: 51 x 115
  • Lot Number: 16
  • Lot Size Source: 5750
  • Parcel Number Free Text: 7231501695
  • Building Condition: Good
  • Calculated Square Footage: 2310
  • Structure Type: Triplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 2310.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 6
  • Number of Stories in Building: 2
  • Vacancy Rate: 0
  • Number Of Units Total: 3
  • Units Below Grade: false
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 5964
  • Gross Adjusted Income: 36636
  • Gross Rent Multiplier: 12
  • Gross Scheduled Income: $42,600
  • Insurance Expense: $750
  • Net Operating Income: $36,636
  • Other Expenses: $0
  • Total Monthly Income: 3850
  • Fuel Expense: $0
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 2310.0
  • Leasable Area Units: Square Feet

Property History for 417 Wells Avenue South

DateEvent & SourcePriceAppreciation
Jun 30, 2017

Sold

NWMLS #1143887

$576,500
Jun 29, 2017

Sold (Public Record)

Public Record #599365359

$576,500

+31.0% / yr

Jun 20, 2017

Pending

NWMLS #1143887

DateEvent & SourcePrice
06/30/2017

Sold

NWMLS #1143887

$576,500
06/29/2017

Sold (Public Record)

Public Record #599365359

$576,500

+31.0% / yr

06/20/2017

Pending

NWMLS #1143887

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 417 Wells Avenue South

Taxable ValueLand$339,000Additions$362,000Total$701,000
Tax Record2026$7,580 ($632 / month)
Home Facts
Baths2.5Total Finished SqFt2,310 SqFtAbove Ground SqFt2,310 SqFtStories2Lot Size5,750 SqFtStyleTriplexYear Built1978Year Renovated1978ZoningR-14CountyKINGAPN723150-1695

Schools near 417 Wells Avenue South

This home is within Renton School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Bryn Mawr Elementary School
PublicK to 5

Dimmitt Middle School
Public6 to 8

Renton Senior High School
Public9 to 12

Sartori Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 417 Wells Avenue South, Renton, WA 98057
$576,500
2,310
5,750
$360,000
2,310
5,750
5
1
1,460
5,750
2.5
2,310
5,750

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Berkshire Hathaway HS NW

Based on information submitted to the MLS GRID as of 09/05/2024 05:33 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.