Listed by Westlake Associates, Inc., Bought with Madison Avenue Realty
NOT LISTED FOR SALE

1717 Summit Ave Seattle, WA 98122

Capitol Hill Neighborhood
3 Beds
3 Baths
8,700 Sq Ft
6,000 Sq Ft Lot

Last Sold January 29, 2014

Last sale price $2,150,000 $247 Per Sq Ft

Highlights

  • City View
  • Gated Home
  • 5-minute walk to Summit Slope Park
  • Garfield High School Rated A
  • Wood Siding

About This Home

As of January 2014

Do not disturb the tenants. Originally constructed in 1959 by a live-in owner. The property offers a number of features including spacious units with built-in cabinetry throughout the living areas. There are hardwood floors in units, and the westerly two-bedroom units include washer and dryer hookups, large utility rooms, decks, and views of the city. The common areas include secure, gated access for residents, covered parking for five vehicles, and a coin-op laundry facility.

Last Agent to Sell the Property

David Petersen

Westlake Associates, Inc. License #7352 Listed on: 10/17/2013

Last Buyer's Agent

Vijya Patel

Madison Avenue Realty License #9543

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 556687

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,109

Year Built

  • Built in 1959

Lot Details

  • 6,000 Sq Ft Lot
  • Gated Home

Parking

  • 5 Parking Spaces

Home Design

  • Bitumen Roof
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 8,700 Sq Ft Home
  • 2-Story Property
  • City Views

Community Details

  • Capitol Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 8804901120

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,109

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1959
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 8700
  • Special Features: None
  • Cumulative Days on Market: 372

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Torch Down
  • View: City
  • View: Yes
  • Waterfront: No
  • Exterior Features: Stone, Wood
  • Structure Type: Multi Family

Garage/Parking

  • Carport Spaces: 5
  • Carport Y N: No
  • Open Parking: No
  • Total Parking Spaces: 5
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Security: SecurityGate
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 12715

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 8804901120
  • Lot Size Acres: 0.1377
  • Lot Size Sq Ft: 6000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Gated Entry
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 12
  • LeasedItems: Washer/Dryer
  • TotalMonthlyIncome: 14692

Multi Family

  • Gross Scheduled Income: 176304
  • Net Operating Income: 111542
  • Number Of Units Total: 12
  • Insurance Expense: 3900
  • Leasable Area: 8700
  • UnitsInBuildingTotal: 12
  • UnitsBelowGrade: true
  • VacancyRate: 5

Tax Info

  • Year: 2013
  • Tax Annual Amount: 15109

Range of Values:

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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
01/29/2014 01/29/14 Sold $2,150,000 -2.1% $247 / Sq Ft
10/17/2013 10/17/13 For Sale $2,195,000 -- $252 / Sq Ft
10/14/2013 10/14/13 Pending -- -- --
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • David Petersen

    Seller's Agent in 2014

    David Petersen

    Westlake Associates, Inc.

    (206) 300-8909

    3 in this area

    26 Total Sales

    Section Image
  • Vijya Patel

    Buyer's Agent in 2014

    Vijya Patel

    Madison Avenue Realty

    (206) 650-4885

    6 in this area

    77 Total Sales

    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 556687

Northwest Multiple Listing Service (NWMLS)

Washington King County Seattle 98122 Capitol Hill

1717 Summit Ave, Seattle, WA

This home is located at 1717 Summit Ave, Seattle, WA 98122 since 17 October 2013. This property was built in 1959. 1717 Summit Ave is a home located in King County with nearby schools including Lowell Elementary School, Meany Middle School, and Garfield 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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