Listed by Lee & Associates Commercial RE, Bought with Paragon Real Estate Advisors
NOT LISTED FOR SALE

1712 Dexter Ave N Seattle, WA 98109

Westlake Neighborhood

Estimated Value: $1,396,104 - $1,796,000

6 Beds
3 Baths
3,690 Sq Ft
$438/Sq Ft Est. Value

Last Sold December 31, 2020

Last sale price $1,253,250 $340 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $9,940/month

19 Days on Market

Highlights

  • Lake View
  • 0.11 Acre Lot
  • Thermal Windows
  • John Hay Elementary School Rated A
  • Wood Flooring
  • Wood Siding

About This Home

As of December 2020

This stabilized triplex sits on 4,590 sf of LR3 (M) zoned land. Central location, minutes from SLU & Facebook’s Seattle HQ, provides easy accessibility to downtown Seattle. The asset’s large 2-bdrm units avg over 1,000 sf & have been updated on turns with re-finished floors, newer appliances and windows. Dedicated off-street spaces for each unit, provides additional upside. A great opportunity to purchase a Westlake located, attractive, stabilized asset with additional development potential.

Last Agent to Sell the Property

Daniel Lim

Lee & Associates Commercial RE License #131121 Listed on: 10/27/2020

Lee & Associates Commercial RE

Co-Listed By

Candice Chevaillier, CCIM

Lee & Associates Commercial RE License #18886

Last Buyer's Agent

Nick Hemming

Paragon Real Estate Advisors License #120684

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1682937

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,597

Year Built

  • Built in 1918

Lot Details

  • 4,590 Sq Ft Lot

Property Views

  • Lake
  • Territorial

Home Design

  • Triplex
  • Flat Roof Shape
  • Wood Siding
  • Cement Board or Planked
  • Wood Composite

Interior Spaces

  • 2-Story Property
  • Thermal Windows

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate

Parking

  • 3 Parking Spaces
  • Open Parking

Community Details

  • Westlake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 8807900240

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,597

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1918
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 0
  • Special Features: VirtualTour
  • Cumulative Days on Market: 351

Interior Features

  • Fireplace: No
  • Flooring: Hardwood, Laminate, Carpet
  • Interior Amenities: Hardwood, Laminate Hardwood, Laminate Tile, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Thermal Windows

Exterior Features

  • Roof: Flat
  • View: Lake, Territorial
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement Planked, Wood, Wood Products
  • Structure Type: Triplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 3
  • Open Parking: Yes
  • Total Parking Spaces: 3
  • ParkingUncoveredSpaces: 3

Utilities

  • Sewer: Sewer Connected
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 5400

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 8807900240
  • Lot Size Acres: 0.1054
  • Lot Size Sq Ft: 4590
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: County

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 16
  • LeasedItems: None
  • TotalMonthlyIncome: 6510

Multi Family

  • Gross Scheduled Income: 82616
  • Net Operating Income: 62890
  • Number Of Units Total: 3
  • Insurance Expense: 1674
  • Leasable Area: 3690
  • UnitsBelowGrade: false
  • VacancyRate: 4

Tax Info

  • Year: 2020
  • Tax Annual Amount: 8597

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2020
Closed on
Dec 18, 2020
Sold by
S & R Properties Llc
Bought by
Henson Brad and Cook Shanna
Seller's Agent
Daniel Lim
Lee & Associates Commercial RE
Buyer's Agent
Nick Hemming
Paragon Real Estate Advisors
List Price
$1,395,000
Sold Price
$1,253,250
Premium/Discount to List
-$141,750
-10.16%
Current Estimated Value
$1,616,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$363,276
Avg. Annual Appreciation
5.95%
Original Mortgage
$1,002,600
Outstanding Balance
$904,865
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$728,944

Purchase Details

Closed on
Aug 28, 2018
Sold by
Sanderson Scott N and Miller Robert R
Bought by
S & R Properties L L C

Purchase Details

Closed on
Aug 2, 2018
Sold by
Sanderson Scott N and Miller Robert R
Bought by
S & R Properties L L C

Purchase Details

Closed on
Nov 5, 2015
Sold by
Budenz Cameron L and Miller Robert R
Bought by
Miller Robert R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$711,000
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 10, 2006
Sold by
Sanderson Scott N and Miller Robert R
Bought by
S & R Properties Llc

Purchase Details

Closed on
Jul 6, 2005
Sold by
Sanderson Susann Christine
Bought by
Sanderson Scott N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,850
Interest Rate
5.58%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 1, 2005
Sold by
Lee Jaime A and Lee So T
Bought by
Sanderson Scott N and Miller Robert R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,850
Interest Rate
5.58%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 22, 2002
Sold by
Forsell Andrew W and Duque Ricardo C
Bought by
Lee Jaime A and Lee So T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
6.09%

Purchase Details

Closed on
Nov 7, 1997
Sold by
Corde Elaine
Bought by
Forsell Andrew W and Duque Ricardo C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,100
Interest Rate
7.3%
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Henson Brad $1,253,250 Fidelity National Title
S & R Properties L L C -- Accommodation
S & R Properties L L C -- Accommodation
Miller Robert R -- Fidelity Natio
Sanderson Scott N -- Fidelity Natio
S & R Properties Llc -- Old Republic T
Sanderson Scott N -- Ticor National
Sanderson Scott N $799,000 Ticor National
Lee Jaime A $650,000 Commonwealth Land Title
Forsell Andrew W $329,000 Chicago Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Henson Brad $1,002,600
Previous Owner Sanderson Scott N $711,000
Previous Owner Sanderson Scott N $79,850
Previous Owner Sanderson Scott N $639,200
Previous Owner Lee Jaime A $330,000
Previous Owner Forsell Andrew W $296,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2020 12/31/20 Sold $1,253,250 -3.2% $340 / Sq Ft
11/15/2020 11/15/20 Pending -- -- --
11/13/2020 11/13/20 Price Changed $1,295,000 -7.2% $351 / Sq Ft
10/27/2020 10/27/20 For Sale $1,395,000 -- $378 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $12,149 $1,250,000 $655,000 $595,000
2023 $11,560 $1,251,000 $655,000 $596,000
2022 $8,676 $1,354,000 $694,000 $660,000
2021 $8,293 $922,000 $761,000 $161,000
2020 $8,597 $837,000 $699,000 $138,000
2018 $7,567 $866,000 $746,000 $120,000
2017 $6,778 $749,000 $645,000 $104,000
2016 $7,252 $693,000 $599,000 $94,000
2015 $5,943 $729,000 $257,000 $472,000
2014 -- $608,000 $206,000 $402,000
2013 -- $615,000 $195,000 $420,000
Source: Public Records

Agents Affiliated with this Home

  • Daniel Lim

    Seller's Agent in 2020

    Daniel Lim

    Lee & Associates Commercial RE

    (206) 928-2311

    1 in this area

    30 Total Sales

    Section Image
  • Candice Chevaillier, CCIM

    Seller Co-Listing Agent in 2020

    Candice Chevaillier, CCIM

    Lee & Associates Commercial RE

    (360) 614-2826

    1 in this area

    22 Total Sales

    Section Image
  • Nick Hemming

    Buyer's Agent in 2020

    Nick Hemming

    Paragon Real Estate Advisors

    (206) 812-9105

    1 in this area

    44 Total Sales

    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1682937

Northwest Multiple Listing Service (NWMLS)

APN: 880790-0240

Washington King County Seattle 98109 Westlake

1712 Dexter Ave N, Seattle, WA

This home is located at 1712 Dexter Ave N, Seattle, WA 98109 since 27 October 2020 and is currently estimated at $1,616,526, approximately $438 per square foot. This property was built in 1918. 1712 Dexter Ave N is a home located in King County with nearby schools including John Hay Elementary School, Mcclure Middle School, and Lincoln 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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