Seller's Agent in 2025
Steve Fischer
Northmarq Multifamily, LLC
(206) 505-9435
1 in this area
36 Total Sales
Listed by Northmarq Multifamily, LLC
12672 60th Ave S Seattle, WA 98178
West Hill Neighborhood
--
Bed
--
Bath
40,033
Sq Ft
0.92
Acres
Highlights
- 0.92 Acre Lot
- Patio
- Partially Fenced Property
- No HOA
- Vinyl Plank Flooring
- Wood Siding
About This Home
As of September 2025We are pleased to present Rainier View Homes, an 11-home multifamily community. Built in 2018, this unique investment opportunity features a collection of well-maintained 2 & 3 bedroom cottages, averaging 1,314 SF. Each home offers high-quality finishes including engineered wood flooring, quartz CT and stainless-steel appliances, W/D, A/C, ample storage, tall vaulted ceilings, large windows, and spacious patios. Positioned on individual parcels, each home can be sold separately, providing investors with exit flexibility and condo resale potential. Similar homes in the area have sold individually for approximately $625,000 or $425/SF, presenting a clear value gap and upside. Offered at $455,000/home & $346/SF.
Last Agent to Sell the Property
Northmarq Multifamily, LLC License #87455 Listed on: 05/05/2025
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2373220
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $44,485
Year Built
- Built in 2018
Lot Details
- 0.92 Acre Lot
- Partially Fenced Property
- Sprinkler System
- Property is in good condition
Home Design
- Built-Up Roof
- Wood Siding
Interior Spaces
- 40,033 Sq Ft Home
- 2-Story Property
- Vinyl Plank Flooring
Parking
- 23 Parking Spaces
- Open Parking
Additional Features
- Patio
- Ductless Heating Or Cooling System
Community Details
- No Home Owners Association
- Seattle Subdivision
Listing and Financial Details
- Assessor Parcel Number 7140300070
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 5, 2025
Closed on
Sep 5, 2025
Sold by
Rainier View Homes Llc
Bought by
Rainier View Green Homes Llc
Seller's Agent
Steve Fischer
Northmarq Multifamily, LLC
List Price
$4,995,000
Sold Price
$4,550,000
Premium/Discount to List
-$445,000
-8.91%
Views
52
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-100.00%
Original Mortgage
$3,916,000
Outstanding Balance
$3,916,000
Interest Rate
6.72%
Mortgage Type
Construction
Estimated Equity
-$3,501,727
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $4,548,350 | Chicago Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $3,916,000 | Construction |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/04/2025 10/04/25 | Off Market | $2,700 | -- | -- |
| 09/10/2025 09/10/25 | Sold | $4,550,000 | -3.2% | $114 / Sq Ft |
| 06/04/2025 06/04/25 | Pending | -- | -- | -- |
| 05/27/2025 05/27/25 | Price Changed | $4,700,000 | -5.9% | $117 / Sq Ft |
| 05/05/2025 05/05/25 | For Sale | $4,995,000 | 0.0% | $125 / Sq Ft |
| 12/05/2024 12/05/24 | Price Changed | $2,700 | -3.6% | $2 / Sq Ft |
| 12/12/2023 12/12/23 | Price Changed | $2,800 | -5.1% | $2 / Sq Ft |
| 10/12/2023 10/12/23 | Price Changed | $2,950 | -6.3% | $2 / Sq Ft |
| 09/22/2023 09/22/23 | Price Changed | $3,150 | +6.8% | $2 / Sq Ft |
| 08/11/2023 08/11/23 | Price Changed | $2,950 | +9.3% | $2 / Sq Ft |
| 08/03/2023 08/03/23 | Price Changed | $2,700 | -3.6% | $2 / Sq Ft |
| 06/24/2023 06/24/23 | Price Changed | $2,800 | +7.7% | $2 / Sq Ft |
| 06/24/2023 06/24/23 | Price Changed | $2,600 | 0.0% | $2 / Sq Ft |
| 06/21/2023 06/21/23 | Price Changed | $2,600 | 0.0% | $2 / Sq Ft |
| 06/21/2023 06/21/23 | For Rent | $2,600 | -7.1% | -- |
| 06/14/2023 06/14/23 | For Rent | $2,800 | 0.0% | -- |
| 05/18/2023 05/18/23 | Price Changed | $2,800 | +7.7% | $2 / Sq Ft |
| 05/09/2023 05/09/23 | Price Changed | $2,600 | -7.1% | $2 / Sq Ft |
| 11/03/2022 11/03/22 | Price Changed | $2,800 | -3.4% | $2 / Sq Ft |
| 10/31/2022 10/31/22 | Price Changed | $2,900 | +3.6% | $2 / Sq Ft |
| 08/12/2022 08/12/22 | Price Changed | $2,800 | +7.7% | $2 / Sq Ft |
| 06/07/2022 06/07/22 | For Rent | $2,600 | 0.0% | -- |
| 06/02/2022 06/02/22 | Price Changed | $2,600 | -3.7% | $2 / Sq Ft |
| 05/20/2022 05/20/22 | For Rent | $2,700 | -- | -- |
Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
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 | $4,044 | $360,636 | $64,500 | $296,136 |
| 2023 | $4,337 | $322,300 | $62,700 | $259,600 |
| 2022 | $4,290 | $397,100 | $54,500 | $342,600 |
| 2021 | $4,385 | $338,000 | $54,500 | $283,500 |
| 2020 | $3,817 | $331,180 | $45,400 | $285,780 |
| 2018 | $303 | $37,000 | $36,300 | $700 |
| 2017 | -- | $21,271 | $21,271 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Steve Fischer
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2373220
APN: 714030-0070
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID
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