Listed by Levin Moncastro Group, Bought with Keller Williams Rlty Bellevue
NOT LISTED FOR SALE
13 Beds
6 Baths
5,732 Sq Ft
7,267 Sq Ft Lot

Last Sold June 07, 2013

Last sale price $1,297,000 $226 Per Sq Ft

1 Day on Market

Highlights

  • Lake View
  • Deck
  • Patio
  • Garfield High School Rated A
  • Wood Flooring
  • 3-minute walk to Peppi's Playground

About This Home

As of June 2013

Great investment opportunity in desirable Leschi area of Seattle. 6 unit apartment building is in turnkey condition and is never vacant. Recent updates include landscaping, 2 new water heaters, new continuous soffit vent around the building, all windows were replaced with thermal panes by the previous owner.

Last Agent to Sell the Property

Rita Levin

Levin Moncastro Group License #27970 Listed on: 04/26/2013

Last Buyer's Agent

Chris Cross

Keller Williams Rlty Bellevue License #23459

Keller Williams Rlty Bellevue

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 478616

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,682

Year Built

  • Built in 1953

Lot Details

  • 7,267 Sq Ft Lot
  • Partially Fenced Property
  • Property is in very good condition

Property Views

  • Lake
  • Territorial
  • Limited

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Slab Foundation
  • Poured Concrete
  • Wood Siding

Interior Spaces

  • 5,732 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Outdoor Features

  • Deck
  • Patio

Community Details

  • Leschi Subdivision

Listing and Financial Details

  • Assessor Parcel Number 341600420

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,682

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1953
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 5732
  • Special Features: None
  • Cumulative Days on Market: 370

Interior Features

  • Possible Use: Commercial
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Forced Air, Ceramic Tile, Hardwood, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Storage

Exterior Features

  • Roof: Flat
  • View: Lake, Partial, Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Brick, Cement/Concrete, Wood
  • Foundation Details: Poured Concrete, Slab
  • Property Condition: Very Good
  • Structure Type: Multi Family

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Utilities: Natural Gas Available, Sewer Connected, Natural Gas Connected
  • WaterSewerGarbage: 6110

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 341600420
  • Lot Size Acres: 0.1668
  • Lot Size Sq Ft: 7267
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Fenced-Partially,Gas Available,Patio
  • ZoningClass: Commercial

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 7620

Multi Family

  • Gross Scheduled Income: 91450
  • Net Operating Income: 75780
  • Number Of Units Total: 6
  • Electric Expense: 115
  • Insurance Expense: 1705
  • Leasable Area: 5732
  • UnitsInBuildingTotal: 6
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2013
  • Tax Annual Amount: 7682

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
06/07/2013 06/07/13 Sold $1,297,000 +3.8% $226 / Sq Ft
04/28/2013 04/28/13 Pending -- -- --
04/26/2013 04/26/13 For Sale $1,250,000 +46.1% $218 / Sq Ft
04/30/2012 04/30/12 Sold $855,700 -14.0% --
03/01/2012 03/01/12 Pending -- -- --
07/21/2011 07/21/11 For Sale $995,000 -- --
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: 478616

Northwest Multiple Listing Service (NWMLS)