Listed by Pilot Ventures LLC, Bought with Westlake Associates, Inc.
NOT LISTED FOR SALE
-- Bed
-- Bath
7,842 Sq Ft
7,200 Sq Ft Lot Lot

Sale Details

Date Sold: December 2, 2019

Last sale price $3,100,000 $395 Per Sq Ft

45 Days on Market

Highlights

  • 0.17 Acre Lot
  • Wood Siding
  • 2-minute walk to Spring Street Mini Park
  • Garfield High School Rated A

About This Home

As of December 2019

The Eleanor Apartments represents a rare opportunity to acquire a value-add investment property in one of Seattle’s most desirable neighborhoods. Built in 1956 and owned by the current ownership group for 28 years, the Eleanor provides significant value-add opportunity through interior unit renovation and rent lift to market. Two recently renovated units offer immediate rental upside without further investment. Amenities include six parking stalls, common laundry room, storage, and garden area.

Last Agent to Sell the Property

Jason Kono

Pilot Ventures LLC License #79925 Listed on: 07/30/2019

Co-Listed By

Casey Zejdlik

Pilot Ventures LLC License #88121

Last Buyer's Agent

Reid Jones

Westlake Associates, Inc. License #87080

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1496340

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $25,336

Year Built

  • Built in 1956

Lot Details

  • 7,200

Parking

  • Open Parking

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 7,842 Sq Ft Home
  • 3-Story Property

Additional Features

  • 7,200 Sq Ft Lot
  • Radiator

Community Details

  • Capitol Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7234600670

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$25,336

Year Built

Built in 1956

Lot Details

7,200 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1956
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 7842
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Radiator
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry,Storage

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Brick, Wood
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking: Yes
  • Total Parking Spaces: 6

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric

Fee Information

  • Annual Fuel Expense: 4869

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 7234600670
  • Lot Size Acres: 0.1653
  • Lot Size Sq Ft: 7200
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: NWMLS Realist

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 19
  • LeasedItems: None
  • TotalMonthlyIncome: 14692

Tax Info

  • Year: 2019
  • Tax Annual Amount: 25336

Multi Family

  • Number Of Units Total: 14
  • Electric Expense: 4869
  • UnitsBelowGrade: false
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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
12/02/2019 12/02/19 Sold $3,100,000 -7.5% $395 / Sq Ft
09/13/2019 09/13/19 Pending -- -- --
08/27/2019 08/27/19 For Sale $3,350,000 0.0% $427 / Sq Ft
08/12/2019 08/12/19 Pending -- -- --
07/30/2019 07/30/19 For Sale $3,350,000 -- $427 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

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 $29,638 $3,078,000 $1,980,000 $1,098,000
2023 $29,125 $3,551,000 $1,980,000 $1,571,000
2022 $28,480 $3,445,000 $1,368,000 $2,077,000
2021 $33,031 $3,102,000 $1,368,000 $1,734,000
2020 $37,535 $3,438,000 $1,368,000 $2,070,000
2018 $27,740 $2,952,000 $1,260,000 $1,692,000
2017 $24,758 $2,815,000 $1,260,000 $1,555,000
2016 $19,914 $2,596,000 $720,000 $1,876,000
2015 -- $2,027,000 $720,000 $1,307,000
2014 -- $1,897,000 $720,000 $1,177,000
2013 -- $1,608,000 $720,000 $888,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1496340

Northwest Multiple Listing Service (NWMLS)
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