Listed by Northmarq Commercial, LLC
$6,450,000
SOLD JAN 31, 2022
-- Bed
-- Bath
16,128 Sq Ft
0.31 Acres

Recently Sold

$400 Per Sq Ft

8% Below List Price

75 Days on Market

Highlights

  • Views of a Sound
  • 0.31 Acre Lot
  • Vinyl Plank Flooring
  • Garfield High School Rated A
  • Corner Lot
  • 4-minute walk to Williams Place

About This Home

As of September 2023

This 19-unit apartment features spacious and efficient units with open ?oor plans. 1310 Thomas is comprised of 13 two bedroom units and 6 one bedroom units. Most units have private decks that provide sprawling views of the city. Located blocks from Broadway Ave, 1310 Thomas offers a residential feel for tenants, while being located within walking distance from some of Capitol Hill’s best retail. This offering is ideal for an investor who is looking to push value through renovation and repositioning.

Last Agent to Sell the Property

Joe Kinkopf

Northmarq Commercial, LLC Listed on: 08/26/2021

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1830792

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $69,663

Year Built

  • Built in 1967

Lot Details

  • 0.31 Acre Lot
  • Corner Lot

Property Views

  • Views of a Sound
  • City
  • Mountain
  • Limited

Home Design

  • Flat Roof Shape
  • Wood Siding
  • Stucco

Interior Spaces

  • 16,128 Sq Ft Home
  • 3-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl Plank

Parking

  • 20 Parking Spaces
  • Open Parking

Community Details

  • Capitol Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6003501931

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$69,663

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1967
  • Buyer Agency Compensation: 1.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 16128
  • Special Features: None
  • Cumulative Days on Market: 407

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl Plank, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry

Exterior Features

  • Roof: Flat
  • View: City, Mountain(s), Partial, Sound
  • Lot Features: Corner Lot
  • View: Yes
  • Waterfront: No
  • Exterior Features: Stucco, Wood
  • Structure Type: Multi Family

Garage/Parking

  • Carport Spaces: 12
  • Carport Y N: No
  • Open Parking Spaces: 8
  • Open Parking: Yes
  • Total Parking Spaces: 20
  • ParkingUncoveredSpaces: 8

Utilities

  • Sewer: Sewer Connected
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 20066

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 6003501931
  • Lot Size Acres: 0.3108
  • Lot Size Sq Ft: 13537
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: King County
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 16
  • LeasedItems: None
  • TotalMonthlyIncome: 35970

Multi Family

  • Gross Scheduled Income: 431640
  • Net Operating Income: 258776
  • Number Of Units Total: 19
  • Insurance Expense: 7600
  • Leasable Area: 16128
  • EnergySource: Electric
  • UnitsInBuildingTotal: 19
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2020
  • Tax Annual Amount: 69663

Range of Values:

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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
09/07/2023 09/07/23 Sold $8,527,000 -12.0% $444 / Sq Ft
06/28/2023 06/28/23 Pending -- -- --
05/25/2023 05/25/23 Price Changed $9,695,000 -3.0% $505 / Sq Ft
04/13/2023 04/13/23 For Sale $9,995,000 +55.0% $520 / Sq Ft
01/31/2022 01/31/22 Sold $6,450,000 -7.9% $400 / Sq Ft
11/09/2021 11/09/21 Pending -- -- --
08/26/2021 08/26/21 For Sale $7,000,000 -- $434 / 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: 1830792

Northwest Multiple Listing Service (NWMLS)