Listed by Westlake Associates, Inc., Bought with Windermere Real Estate Midtown
NOT LISTED FOR SALE

1515 NE 148th St Shoreline, WA 98155

Briarcrest Neighborhood
3 Beds
3 Baths
9,480 Sq Ft
8,109 Sq Ft Lot

Last Sold August 02, 2012

Last sale price $835,000 $88 Per Sq Ft

168 Days on Market

About This Home

As of August 2012

There is an additional space that is currently being utilized as storage but could also be used as a small office. There is plenty of onsite parking and each unit has it’s own deck. Two of the floors have laundry facilities for the tenants. The building has been well maintained and has a history of low vacancies and strong cash flow. This is an ideal investment for a private investor wanting cash flow and growth.

Last Agent to Sell the Property

Travis Kannier

Westlake Associates, Inc. License #79950 Listed on: 02/13/2012

Last Buyer's Agent

David Massa

Windermere Real Estate Midtown License #17086

Windermere Real Estate Midtown

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 320869

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,318

Year Built

  • Built in 1977

Lot Details

  • 8,109 Sq Ft Lot

Home Design

  • Flat Roof Shape
  • Composition Roof
  • Stucco

Interior Spaces

  • 9,480 Sq Ft Home
  • 3-Story Property

Parking

  • 14 Parking Spaces
  • Open Parking

Community Details

  • Shoreline Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3670500220

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,318

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1977
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 9480
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry

Exterior Features

  • Roof: Composition, Flat
  • View: No
  • Waterfront: No
  • Exterior Features: Stucco
  • Structure Type: Multi Family

Garage/Parking

  • Carport Spaces: 9
  • Carport Y N: No
  • Open Parking Spaces: 5
  • Open Parking: Yes
  • Total Parking Spaces: 14
  • ParkingUncoveredSpaces: 5

Utilities

  • Sewer: Sewer Connected
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 9586

Schools

  • Junior High Dist: Shoreline

Lot Info

  • Parcel Number: 3670500220
  • Lot Size Acres: 0.1862
  • Lot Size Sq Ft: 8109
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 11
  • LeasedItems: None
  • TotalMonthlyIncome: 6890

Multi Family

  • Gross Scheduled Income: 82680
  • Net Operating Income: 47842
  • Number Of Units Total: 2
  • Insurance Expense: 2250
  • Leasable Area: 9480
  • UnitsInBuildingTotal: 9
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2011
  • Tax Annual Amount: 11318

Range of Values:

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Average Value
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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 Change Sq Ft Price
08/02/2012 08/02/12 Sold $835,000 -7.2% $88 / Sq Ft
08/02/2012 08/02/12 Pending -- -- --
02/15/2012 02/15/12 For Sale $900,000 -- $95 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Travis Kannier

    Seller's Agent in 2012

    Travis Kannier

    Westlake Associates, Inc.

    (206) 505-9416

    11 Total Sales

    Travis Kannier
    Section Image

  • D

    Buyer's Agent in 2012

    David Massa

    Windermere Corporate

    (206) 713-9308

    4 Total Sales

    David Massa
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 320869

Northwest Multiple Listing Service (NWMLS)
Washington King County Shoreline 98155 Briarcrest

1515 NE 148th St, Shoreline, WA

This home is located at 1515 NE 148th St, Shoreline, WA 98155 since 13 February 2012. This property was built in 1977. 1515 NE 148th St is a home located in King County with nearby schools including Briarcrest Elementary School, Kellogg Middle School, and Shorecrest High School.

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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