Listed by Paragon Real Estate Advisors, Bought with Real Residential
NOT LISTED FOR SALE
-- Bed
-- Bath
4,500 Sq Ft
5,001 Sq Ft Lot

Last Sold June 21, 2024

Last sale price $1,597,000 $355 Per Sq Ft

13 Days on Market

About This Home

As of June 2024

This five-unit building features large units with private balconies in an excellent Ballard location just four blocks north of Market Street. The Ballard 5 consists of three one bedroom one bath units ranging in size from 760 to 810 square feet, a large two bedroom one-and-a-half-bath unit that is 960 square feet, and a penthouse unit. The penthouse is 1,210 square feet and is a two bedroom one and a half bath unit featuring large living spaces throughout. The units have private balconies for the tenant’s enjoyment. Two of the units have received full remodels and a third unit has been partially updated. There is a common laundry room on site for the tenants use.

Last Agent to Sell the Property

Michael Urquhart

Paragon Real Estate Advisors License #135356 Listed on: 04/24/2024

Co-Listed By

Brian Platt

Paragon Real Estate Advisors License #85375

Last Buyer's Agent

Leka Devatha

Real Residential License #129773

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2227960

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,151

Year Built

  • Built in 1979

Lot Details

  • 5,000

Parking

  • Open Parking

Home Design

  • Flat Roof Shape
  • Stucco
  • Wood Composite

Interior Spaces

  • 4,500 Sq Ft Home
  • 3-Story Property

Additional Features

  • 5,000 Sq Ft Lot
  • Radiant Heating System

Community Details

  • No Home Owners Association
  • Ballard Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2767603565

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,151

Year Built

Built in 1979

Lot Details

5,000 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1979
  • Buyer Agency Compensation: 2.25
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 4500
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

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

Garage/Parking

  • Carport Spaces: 3
  • Carport Y N: No
  • Open Parking: Yes
  • Total Parking Spaces: 7

Utilities

  • Sewer: Sewer Connected
  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiant
  • Heating Yn: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 2767603565
  • Lot Size Acres: 0.1148
  • Lot Size Sq Ft: 5000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: King County

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 13.62
  • LeasedItems: None
  • TotalMonthlyIncome: 10096

Tax Info

  • Year: 2024
  • Tax Annual Amount: 15151

Multi Family

  • Number Of Units Total: 5
  • EnergySource: Electric
  • UnitsBelowGrade: false
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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 List to Sale Price per Sq Ft Prior Sale
06/21/2024 06/21/24 Sold $1,597,000 -3.2% $355 / Sq Ft
05/07/2024 05/07/24 Pending -- -- --
04/24/2024 04/24/24 For Sale $1,650,000 +17.9% $367 / Sq Ft
12/15/2020 12/15/20 Sold $1,400,000 -6.7% $311 / Sq Ft View Prior Sale
11/02/2020 11/02/20 Pending -- -- --
10/27/2020 10/27/20 Price Changed $1,500,000 -11.5% $333 / Sq Ft
10/15/2020 10/15/20 Price Changed $1,695,000 -7.1% $377 / Sq Ft
10/01/2020 10/01/20 For Sale $1,825,000 -- $406 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

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 $14,597 $1,468,000 $1,125,000 $343,000
2023 $15,151 $1,561,000 $1,100,000 $461,000
2022 $13,806 $1,617,000 $1,100,000 $517,000
2021 $16,219 $1,461,000 $1,100,000 $361,000
2020 $16,434 $1,651,000 $1,050,000 $601,000
2018 $12,993 $1,433,000 $775,000 $658,000
2017 $11,720 $1,287,000 $650,000 $637,000
2016 $10,136 $1,199,500 $600,000 $599,500
2015 -- $1,008,000 $500,000 $508,000
2014 -- $857,000 $450,000 $407,000
2013 -- $739,000 $450,000 $289,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2227960

Northwest Multiple Listing Service (NWMLS)
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