Listed by Paragon Real Estate Advisors, Bought with Paragon Real Estate Advisors
NOT LISTED FOR SALE
-- Bed
-- Bath
7,856 Sq Ft
6,000 Sq Ft Lot

Last Sold June 01, 2018

Last sale price $4,000,000 $509 Per Sq Ft

20 Days on Market

Highlights

  • Wood Siding
  • John Hay Elementary School Rated A
  • 3-minute walk to Kerry Park

About This Home

As of June 2018

The La Fonda Apartments is located on the South slope of the famous Queen Anne Hill viewing Downtown and Puget Sound.
Built in 1958, the La Fonda apartments contains 14 units (1 nonconforming) with a nice mix of studio and two-bedroom floorplans.
Residents have the convenience of a common laundry facility and offstreet tenant parking. Some units have stunning views of downtown
Seattle, Puget Sound, and Mount Rainier.

Last Agent to Sell the Property

Jacob Odegard

Paragon Real Estate Advisors License #120796 Listed on: 04/05/2018

Co-Listed By

Eric Smith

Paragon Real Estate Advisors License #3434

Last Buyer's Agent

Nick Hemming

Paragon Real Estate Advisors License #120684

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1267939

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $29,948

Year Built

  • Built in 1958

Lot Details

  • 6,000 Sq Ft Lot

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 7,856 Sq Ft Home
  • 3-Story Property

Community Details

  • Queen Anne Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1731800535

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$29,948

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1958
  • Buyer Agency Compensation: 2
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 7856
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 383

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Flat
  • View: No
  • Waterfront: No
  • Exterior Features: Brick, Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Structure Type: Multi Family

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 19741

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 1731800535
  • Lot Size Acres: 0.1377
  • Lot Size: 6000
  • Lot Size Sq Ft: 6000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: County
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 18
  • LeasedItems: None
  • TotalMonthlyIncome: 17747

Multi Family

  • Gross Scheduled Income: 212964
  • Net Operating Income: 136242
  • Number Of Units Total: 14
  • Insurance Expense: 4499
  • Leasable Area: 7856
  • UnitsInBuildingTotal: 14
  • UnitsBelowGrade: false
  • VacancyRate: 2

Tax Info

  • Year: 2018
  • Tax Annual Amount: 29948

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
06/01/2018 06/01/18 Sold $4,000,000 0.0% $509 / Sq Ft
04/25/2018 04/25/18 Pending -- -- --
04/05/2018 04/05/18 For Sale $4,000,000 -- $509 / 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: 1267939

Northwest Multiple Listing Service (NWMLS)