Listed by Windermere RE/Capitol Hill,Inc, Bought with Globenex Realty
NOT LISTED FOR SALE

Estimated Value: $801,000 - $861,000

3 Beds
3 Baths
6,918 Sq Ft
$120/Sq Ft Est. Value

Last Sold October 01, 2021

Last sale price $2,475,000 $358 Per Sq Ft

Current estimated payment $5,036/month

44 Days on Market

Highlights

  • New Construction
  • Rooftop Deck
  • Ceramic Tile Flooring
  • Garfield High School Rated A
  • Corner Lot
  • 5-minute walk to Flo Ware Park

About This Home

As of October 2021

Unique opportunity rarely available to own five individually titled, non-condominium single family units for one incredible price. Vacant, never occupied, no existing leases. Simple punch list and site improvements for final occupancy propel you forward to sell individually at a future date, or retain as an investment portfolio, whether one or all at your discretion with no board or HOA restrictions. Architecturally mastered in appearance and function with lavish modern finishes. Roof top decks offer commanding territorial views of the surroundings in this convenient east central Seattle location.

Last Agent to Sell the Property

John Barker

Windermere RE/Capitol Hill,Inc License #6803 Listed on: 08/03/2021

Windermere RE/Capitol Hill,Inc

Last Buyer's Agent

Shelly Hu

Globenex Realty License #25305

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1812630

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,575

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 6,400 Sq Ft Lot
  • Corner Lot
  • Property is in average condition

Home Design

  • Flat Roof Shape
  • Poured Concrete
  • Wood Siding
  • Cement Board or Planked

Interior Spaces

  • 6,918 Sq Ft Home
  • 3-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile

Outdoor Features

  • Rooftop Deck

Utilities

  • Mini Split Air Conditioners
  • High Speed Internet
  • Cable TV Available

Community Details

  • Yesler 7 Condos
  • Central Area Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3796000111

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,575

Year Built

Built in 2019 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 2019
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Yesler 7
  • New Construction: Yes
  • CalculatedSquareFootage: 6918
  • EstimatedCompletionDate: 2021-12-31
  • NewConstruction: Under Construction
  • Special Features: 4098
  • Cumulative Days on Market: 389

Interior Features

  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate, Carpet
  • Interior Amenities: Ductless HP-Mini Split, Ceramic Tile, Wall to Wall Carpet, Laminate Hardwood
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Flat
  • Lot Features: Corner Lot
  • View: No
  • Waterfront: No
  • Exterior Features: Cement Planked, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Average
  • Structure Type: Multi Family

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • PowerCompany: Seattle City Light
  • SewerCompany: City of Seattle
  • WaterCompany: City of Seattle
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 3796000111
  • Lot Size Acres: 0.1469
  • Lot Size Sq Ft: 6400
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,High Speed Internet,Rooftop Deck
  • MLSLotSizeSource: MLS
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 0

Tax Info

  • Year: 2021
  • Tax Annual Amount: 17575

Multi Family

  • Number Of Units Total: 2
  • Leasable Area: 3440
  • EnergySource: Electric
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 18, 2022
Sold by
Peak Yesler Llc
Bought by
Chavez Ryan
Current Estimated Value
$836,106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$644,000
Outstanding Balance
$606,414
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$202,669

Purchase Details

Listed on
Aug 3, 2021
Closed on
Sep 27, 2021
Sold by
Taenite Reo Llc
Bought by
Peak Yesler Llc
Seller's Agent
John Barker
Windermere RE/Capitol Hill,Inc
Buyer's Agent
Shelly Hu
Globenex Realty
List Price
$2,900,000
Sold Price
$2,475,000
Premium/Discount to List
-$425,000
-14.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-25.04%
Original Mortgage
$507,013
Interest Rate
2.8%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 1, 2021
Sold by
Alexander Apartment Group I Llc
Bought by
Taenite Reo Llc
Source: Public Records

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
Chavez Ryan $894,000 Chicago Title
Peak Yesler Llc $531,780 Stewart Title
Taenite Reo Llc $659,400 Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chavez Ryan $644,000
Previous Owner Peak Yesler Llc $507,013
Previous Owner Alexander Apartment Group I Llc $47,809
Previous Owner Alexander Apartment Group I Llc $640,000
Previous Owner Alexander Apartment Group I Llc $44,142
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2021 10/01/21 Sold $2,475,000 -14.7% $358 / Sq Ft
09/16/2021 09/16/21 Pending -- -- --
08/03/2021 08/03/21 For Sale $2,900,000 -- $419 / 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 $7,177 $753,000 $294,000 $459,000
2023 $6,299 $708,000 $294,000 $414,000
2022 $6,640 $747,000 $254,000 $493,000
2021 $6,470 $727,000 $231,000 $496,000
2020 $4,095 $672,000 $209,000 $463,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1812630

Northwest Multiple Listing Service (NWMLS)

APN: 379600-0111