Listed by Northmarq Multifamily, LLC, Bought with Westlake Associates, Inc.
NOT LISTED FOR SALE

10560 Stone Ave N Seattle, WA 98133

Haller Lake Neighborhood
10 Beds
7 Baths
5,157 Sq Ft
8,629 Sq Ft Lot

Last Sold September 27, 2019

Last sale price $1,268,000 $246 Per Sq Ft

11 Days on Market

Highlights

  • Corner Lot
  • Viewlands Elementary School Rated A-
  • Wood Siding

About This Home

As of September 2019

Homes at Stone 6 offer spacious and open floor plans. Select units feature in-unit washers/dryers, and a spacious laundry room serves the remaining units. Stone 6 is poised well for growth and offers residents a unique option that feels like home. A buyer has the potential to implement a modest value-add strategy to capture ample upside and further stabilize operations (~20% increase in rents). Buyer can achieve a 6%+ cash-on-cash return on pro-forma metrics.

Last Agent to Sell the Property

Matt Johnston

Northmarq Multifamily, LLC License #135732 Listed on: 05/09/2019

Co-Listed By

Jason Kono

Pilot Ventures LLC License #79925

Last Buyer's Agent

Reid Jones

Westlake Associates, Inc. License #87080

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1454542

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,425

Year Built

  • Built in 1969

Lot Details

  • 8,629 Sq Ft Lot
  • Corner Lot

Home Design

  • Flat Roof Shape
  • Wood Siding

Interior Spaces

  • 5,157 Sq Ft Home
  • 2-Story Property

Parking

  • 8 Parking Spaces
  • Open Parking

Community Details

  • Oak Lake Villa Condos
  • Seattle Subdivision

Listing and Financial Details

  • Legal Lot and Block 1 / 6
  • Assessor Parcel Number 6300000360

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,425

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1969
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Oak Lake Villa
  • New Construction: No
  • CalculatedSquareFootage: 5157
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry

Exterior Features

  • Roof: Flat
  • Lot Features: Corner Lot
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 8
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 8

Utilities

  • Sewer: Sewer Connected
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 8844

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 6300000360
  • Lot Size Acres: 0.1981
  • Lot Size Sq Ft: 8629
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: KC Parcel Viewer
  • ZoningJurisdiction: County
  • ZoningClass: Multi-Family
  • LotNumber: 1

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13
  • LeasedItems: None
  • TotalMonthlyIncome: 8389

Multi Family

  • Gross Scheduled Income: 97380
  • Net Operating Income: 59012
  • Number Of Units Total: 6
  • Insurance Expense: 2853
  • Leasable Area: 5157
  • UnitsInBuildingTotal: 6
  • UnitsBelowGrade: true
  • VacancyRate: 5

Tax Info

  • Year: 2019
  • Tax Annual Amount: 11425

Range of Values:

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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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/27/2019 09/27/19 Sold $1,268,000 -2.1% $246 / Sq Ft
05/20/2019 05/20/19 Pending -- -- --
05/09/2019 05/09/19 For Sale $1,295,000 +32.8% $251 / Sq Ft
06/24/2016 06/24/16 Sold $975,000 +2.6% -- View Prior Sale
04/22/2016 04/22/16 Pending -- -- --
04/11/2016 04/11/16 For Sale $950,000 -- --
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    Matt Johnston

    Northmarq Multifamily, LLC

    Section Image

  • J

    Seller Co-Listing Agent in 2019

    Jason Kono

    Pilot Ventures LLC

    (206) 566-6600

    9 Total Sales

    Jason Kono
    Section Image
  • Reid Jones

    Buyer's Agent in 2019

    Reid Jones

    Westlake Associates, Inc.

    (206) 250-9655

    18 Total Sales

    Reid Jones
    Section Image
  • Ray Poletti

    Seller's Agent in 2016

    Ray Poletti

    Ballard Realty, Inc.

    (206) 784-4813

    1 in this area

    21 Total Sales

    Ray Poletti
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1454542

Northwest Multiple Listing Service (NWMLS)
Washington King County Seattle 98133 Haller Lake

10560 Stone Ave N, Seattle, WA

This home is located at 10560 Stone Ave N, Seattle, WA 98133 since 09 May 2019. This property was built in 1969. 10560 Stone Ave N is a home located in King County with nearby schools including Viewlands Elementary School, Robert Eagle Staff Middle School, and Ingraham High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) 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. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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