Listed by Kidder Mathews, Bought with Windermere Real Estate Midtown
NOT LISTED FOR SALE

1706 NW 59th St Seattle, WA 98107

Ballard Neighborhood
-- Bed
-- Bath
11,576 Sq Ft
10,000 Sq Ft Lot

Last Sold September 14, 2023

Last sale price $4,347,562 $376 Per Sq Ft

41 Days on Market

Highlights

  • 0.23 Acre Lot
  • Deck
  • Thermal Windows
  • Adams Elementary School Rated A
  • No HOA
  • 3-minute walk to Ballard Corners Park

About This Home

As of September 2023

Built in 1978, this 13-unit apartment community is in Seattle's desirable Ballard neighborhood near transit, employment & the historic Ballard Ave entertainment district. This meticulously maintained property is on the market for the 1st time in 38 years and offers a variety of attractive features & updates including secured intercom entry, dual-pane vented windows, copper supply piping, ample parking & storage space & significant renovations to 11 of the 13 units. Current rents & utilities charges are will below market & parking storage are included in the rent; without renovation income could be increased 20%+! The Seller is even willing to consider financing the sale to a qualified buyer.

Last Agent to Sell the Property

Dan Swanson

Kidder Mathews License #13533 Listed on: 06/15/2023

Last Buyer's Agent

Sarah Clifton

Windermere Real Estate Midtown License #23564

Windermere Real Estate Midtown

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2128030

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $33,143

Year Built

  • Built in 1978

Lot Details

  • 10,000 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Poured Concrete
  • Bitumen Roof
  • Stucco

Interior Spaces

  • 11,576 Sq Ft Home
  • 4-Story Property
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 13 Parking Spaces
  • 5 Covered Spaces
  • Open Parking

Schools

  • Adams Elementary School
  • Whitman Mid Middle School
  • Ballard High School

Additional Features

  • Deck
  • Baseboard Heating

Community Details

  • No Home Owners Association
  • Ballard Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2767603555

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$33,143

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1978
  • Buyer Agency Compensation: 1.75
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 11576
  • Special Features: None
  • Cumulative Days on Market: 391

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Ceramic Tile, Vinyl, Carpet
  • Interior Amenities: Ceramic Tile, Wall to Wall Carpet
  • Stories: 4
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry,Elevator,Storage,Thermal Windows

Exterior Features

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

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 5
  • Open Parking Spaces: 8
  • Open Parking: Yes
  • Total Parking Spaces: 13
  • ParkingUncoveredSpaces: 8

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • WaterSewerGarbage: 18244

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Seattle
  • High School: Ballard High
  • Middle Or Junior School: Whitman Mid

Lot Info

  • Parcel Number: 2767603555
  • Lot Size Acres: 0.2296
  • Lot Size Sq Ft: 10000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Fenced-Partially
  • MLSLotSizeSource: County Record
  • ZoningClass: Multi-Family

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 15.9
  • LeasedItems: None
  • TotalMonthlyIncome: 23260

Multi Family

  • Gross Scheduled Income: 267780
  • Net Operating Income: 199543
  • Number Of Units Total: 13
  • Insurance Expense: 6513
  • Leasable Area: 9840
  • EnergySource: Electric
  • UnitsInBuildingTotal: 13
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2023
  • Tax Annual Amount: 33143

MLS Schools

  • Elementary School: Adams

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
09/14/2023 09/14/23 Sold $4,347,563 -1.8% $376 / Sq Ft
07/26/2023 07/26/23 Pending -- -- --
06/15/2023 06/15/23 For Sale $4,425,000 -- $382 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Dan Swanson

    Seller's Agent in 2023

    Dan Swanson

    Kidder Mathews

    (425) 444-6501

    3 in this area

    60 Total Sales

    Dan Swanson
    Section Image
  • Sarah Clifton

    Buyer's Agent in 2023

    Sarah Clifton

    Windermere Corporate

    (206) 245-4546

    1 in this area

    19 Total Sales

    Sarah Clifton
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2128030

Northwest Multiple Listing Service (NWMLS)
Washington King County Seattle 98107 Ballard

1706 NW 59th St, Seattle, WA

This home is located at 1706 NW 59th St, Seattle, WA 98107 since 15 June 2023. This property was built in 1978. 1706 NW 59th St is a home located in King County with nearby schools including Adams Elementary School, Whitman Middle School, and Ballard 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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