Listed by Kidder Mathews, Bought with Redfin
NOT LISTED FOR SALE
-- Bed
-- Bath
-- Sq Ft
8,500 Sq Ft Lot

Last Sold January 09, 2024

Last sale price $4,400,000

62 Days on Market

Highlights

  • 0.2 Acre Lot
  • Wood Flooring
  • Thermal Windows
  • John Hay Elementary School Rated A
  • No HOA
  • 3-minute walk to Observatory Courts

About This Home

As of January 2024

Located at the top of Queen Anne Hill just blocks from the vibrant commercial corridor of Queen Anne Avenue N, 1421 on Queen Anne is a charming, 1910-vintage classic brick-veneer apartment building. 1421 on Queen Anne has already undergone major systems updates including tuck pointing, plumbing, new electrical strike and major upgrade, double-pane vinyl windows, in-unit laundry in 8 units, and a new torch down roof. Additionally, 7 of the 12 units have been or are in the process of being fully remodeled with updated baths and kitchens, 1 of the 12 is brand new, and 2 are partially remodeled. The property is situated on a tree-lined street in a high-end neighborhood of single-family homes and condominiums.

Last Agent to Sell the Property

Dan Swanson

Kidder Mathews License #13533 Listed on: 09/19/2023

Last Buyer's Agent

Charles Mortimer

Redfin License #123940

Redfin

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2163542

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $31,644

Year Built

  • Built in 1910

Lot Details

  • 8,500 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete
  • Bitumen Roof

Interior Spaces

  • 3-Story Property
  • Thermal Windows

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Vinyl Plank
  • Vinyl

Parking

  • 6 Parking Spaces
  • Open Parking

Schools

  • John Hay Elementary School
  • Mc Clure Mid Middle School
  • Lincoln High School

Utilities

  • Baseboard Heating

Community Details

  • No Home Owners Association
  • Queen Anne Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0811000080

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$31,644

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1910
  • Buyer Agency Compensation: 1.75
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 0
  • Special Features: None
  • Cumulative Days on Market: 398

Interior Features

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

Exterior Features

  • Roof: Flat, Torch Down
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Brick
  • Foundation Details: Poured Concrete
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 6
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 6

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • WaterSewerGarbage: 12722

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Seattle
  • High School: Lincoln High
  • Middle Or Junior School: Mc Clure Mid

Lot Info

  • Parcel Number: 0811000080
  • Lot Size Acres: 0.1951
  • Lot Size Sq Ft: 8500
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially
  • MLSLotSizeSource: County Records
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 13.3
  • LeasedItems: None
  • TotalMonthlyIncome: 29067

Multi Family

  • Gross Scheduled Income: 348806
  • Net Operating Income: 245389
  • Number Of Units Total: 12
  • Insurance Expense: 4392
  • Leasable Area: 8670
  • EnergySource: Electric
  • UnitsInBuildingTotal: 12
  • UnitsBelowGrade: true
  • VacancyRate: 5

Tax Info

  • Year: 2023
  • Tax Annual Amount: 31644

MLS Schools

  • Elementary School: John Hay Elementary

Range of Values:

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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
01/09/2024 01/09/24 Sold $4,400,000 -5.4% --
11/20/2023 11/20/23 Pending -- -- --
11/07/2023 11/07/23 Price Changed $4,650,000 -2.1% --
10/17/2023 10/17/23 Price Changed $4,750,000 -4.4% --
09/19/2023 09/19/23 For Sale $4,970,000 -- --
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: 2163542

Northwest Multiple Listing Service (NWMLS)