NOT LISTED FOR SALE
4 Beds
5 Baths
3,191 Sq Ft
5,000 Sq Ft Lot

Last Sold July 13, 2021

Last sale price $1,325,000 $415 Per Sq Ft

104 Days on Market

About This Home

As of July 2021

5-unit apartment community in the heart of the Wallingford/Fremont neighborhood. Updated units with new counters, new bathroom/ shower/tub surrounds, new cabinets and LVT hardwood flooring. This location is known for its high level of walkability offering tenants great access to parks, recreation, neighborhood cafes, pubs, restaurants, boutique shopping, a high-quality grocery store, and many other services without losing its quaint residential feel. The Wallingford 5 offers an investor the opportunity to own a very well maintained
building with easy to rent units in one of the strongest rental markets in the City of Seattle

Last Agent to Sell the Property

Chad Martini

Westlake Associates, Inc. License #118627 Listed on: 03/05/2021

Co-Listed By

David Petersen

Westlake Associates, Inc. License #7352

Last Buyer's Agent

David Petersen

Westlake Associates, Inc. License #7352

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1738457

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,134

Year Built

  • Built in 1907

Lot Details

  • 5,000 Sq Ft Lot
  • Property is in good condition

Home Design

  • Wood Siding

Interior Spaces

  • 3,191 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring

Parking

  • 3 Parking Spaces
  • Open Parking

Community Details

  • Wallingford Subdivision

Listing and Financial Details

  • Assessor Parcel Number 9521101630

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,134

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1907
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3191
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Laminate
  • Interior Amenities: Laminate Hardwood
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: See Remarks

Exterior Features

  • Roof: See Remarks
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: See Remarks
  • Property Condition: Good
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 3
  • Open Parking: Yes
  • Total Parking Spaces: 3
  • ParkingUncoveredSpaces: 3

Utilities

  • Sewer: Available
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Electric
  • WaterSewerGarbage: 10453

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 9521101630
  • Lot Size Acres: 0.1148
  • Lot Size Sq Ft: 5000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: County
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 7735

Multi Family

  • Gross Scheduled Income: 92820
  • Net Operating Income: 60794
  • Number Of Units Total: 5
  • Insurance Expense: 1333
  • Leasable Area: 3191
  • EnergySource: Electric
  • UnitsInBuildingTotal: 5
  • UnitsBelowGrade: false
  • VacancyRate: 2

Tax Info

  • Year: 2021
  • Tax Annual Amount: 13134
  • AdditionalTaxIds: 9521101630

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

Property History

Date Event Price Change Sq Ft Price
07/13/2021 07/13/21 Sold $1,325,000 -1.5% $415 / Sq Ft
06/17/2021 06/17/21 Pending -- -- --
06/08/2021 06/08/21 For Sale $1,345,000 0.0% $421 / Sq Ft
04/26/2021 04/26/21 Pending -- -- --
03/05/2021 03/05/21 For Sale $1,345,000 +106.9% $421 / Sq Ft
07/01/2013 07/01/13 Sold $650,000 +0.2% $184 / Sq Ft
06/10/2013 06/10/13 Pending -- -- --
05/28/2013 05/28/13 For Sale $649,000 -- $184 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1738457

Northwest Multiple Listing Service (NWMLS)