12607 NE 119th St Kirkland, WA 98034
North Rose Hill NeighborhoodEstimated payment $12,039/month
Highlights
- No HOA
- Baseboard Heating
- Carpet
- Robert Frost Elementary School Rated A
- Wood Siding
About This Home
8 Unit multifamily property situated in the heart of Kirkland’s rapidly growing Totem Lake neighborhood. All large studio units, with lofted sleeping areas and in-unit washer and dryers. Offers a compelling value-add opportunity. With light renovations and strategic repositioning, investors have the potential to increase NOI by approximately 30%, capitalizing on the strong rental demand and premium achievable rents in this submarket. Its prime location and unique unit layouts provide a strong foundation for both immediate income and long-term appreciation.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2447581
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $15,445
Year Built
- Built in 1982
Home Design
- Poured Concrete
- Composition Roof
- Wood Siding
- Wood Composite
Interior Spaces
- 8 Bathrooms
- 4,344 Sq Ft Home
- 2-Story Property
Flooring
- Carpet
- Laminate
- Vinyl
Parking
- 11 Parking Spaces
- Open Parking
Additional Features
- 10,122 Sq Ft Lot
- Baseboard Heating
Community Details
- No Home Owners Association
- Totem Lake Subdivision
Listing and Financial Details
- Assessor Parcel Number 8063100005
Map
Home Values in the Area
Average Home Value in this Area
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 | $14,104 | $1,649,000 | $455,400 | $1,193,600 |
| 2023 | $15,208 | $1,888,000 | $455,400 | $1,432,600 |
| 2022 | $15,451 | $1,933,000 | $303,600 | $1,629,400 |
| 2021 | $16,872 | $1,674,000 | $283,400 | $1,390,600 |
| 2020 | $14,701 | $1,691,000 | $283,400 | $1,407,600 |
| 2018 | $12,493 | $1,238,000 | $283,400 | $954,600 |
| 2017 | $11,785 | $1,177,000 | $273,200 | $903,800 |
| 2016 | $9,852 | $1,159,000 | $253,000 | $906,000 |
| 2015 | $9,680 | $945,000 | $232,800 | $712,200 |
| 2014 | -- | $896,100 | $232,800 | $663,300 |
| 2013 | -- | $818,000 | $232,800 | $585,200 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/22/2025 10/22/25 | For Sale | $2,050,000 | -- | $472 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,696,000 | Fidelity National Title | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | $220,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,020,000 | Seller Take Back |
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2447581
APN: 806310-0005
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