Listed by Westlake Associates, Inc.
NOT LISTED FOR SALE

1300 E Mercer St Seattle, WA 98102

Capitol Hill Neighborhood
7 Beds
7 Baths
7,300 Sq Ft
0.28 Acres

Last Sold September 08, 2017

Last sale price $4,525,000 $620 Per Sq Ft

14 Days on Market

Highlights

  • 0.28 Acre Lot
  • Wood Flooring
  • High Speed Internet
  • Garfield High School Rated A
  • Patio
  • 4-minute walk to Broadway Hill Park

About This Home

As of September 2017

Classic 8 unit building on 12,020 SF LR3 urban village lot with great redevelopment potential. Build new or keep existing and build above parking garages. One of a kind investment opportunity. The new owner will have the ability to greatly increase the NOI to hold the property long-term, or to help in off-setting costs prior to development.

Last Agent to Sell the Property

Curran Hagstrom

Westlake Associates, Inc. License #103072 Listed on: 08/09/2017

Co-Listed By

Collin Hagstrom

Westlake Associates, Inc. License #49398

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1175820

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $24,374

Year Built

  • Built in 1926

Lot Details

  • 0.28

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 7,300 Sq Ft Home
  • 1-Story Property
  • Wood Flooring

Parking

  • 7 Parking Spaces
  • 7 Covered Spaces

Utilities

  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Patio
  • 0.28 Acre Lot

Community Details

  • Capitol Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6851700030

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$24,374

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1926
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 7300
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: Hardwood
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry,Storage

Exterior Features

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

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 7
  • Open Parking: No
  • Total Parking Spaces: 7

Utilities

  • Sewer: Sewer Connected
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric, Natural Gas Connected

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 6851700030
  • Lot Size Acres: 0.2759
  • Lot Size Sq Ft: 12020
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,High Speed Internet,Patio
  • MLSLotSizeSource: MetroScan

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 27
  • LeasedItems: None
  • TotalMonthlyIncome: 21300

Tax Info

  • Year: 2017
  • Tax Annual Amount: 24374

Multi Family

  • Number Of Units Total: 8
  • UnitsBelowGrade: false

Range of Values:

Collateral Analytics

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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 List to Sale Price per Sq Ft
09/08/2017 09/08/17 Sold $4,525,000 +14.6% $620 / Sq Ft
08/24/2017 08/24/17 Pending -- -- --
08/09/2017 08/09/17 For Sale $3,950,000 -- $541 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Curran Hagstrom

    Seller's Agent in 2017

    Curran Hagstrom

    Westlake Associates, Inc.

    (206) 505-9416

    1 in this area

    9 Total Sales

    Curran Hagstrom
    Section Image

  • C

    Seller Co-Listing Agent in 2017

    Collin Hagstrom

    Westlake Associates, Inc.

    (206) 505-9400

    1 in this area

    10 Total Sales

    Collin Hagstrom
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1175820

Northwest Multiple Listing Service (NWMLS)
Washington King County Seattle 98102 Capitol Hill

1300 E Mercer St, Seattle, WA

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.

Northwest Multiple Listing Service (NWMLS) 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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