NOT LISTED FOR SALE

1723 Summit Ave Seattle, WA 98122

Capitol Hill Neighborhood
1 Bed
6 Baths
14,380 Sq Ft
5,400 Sq Ft Lot

Last Sold March 04, 2016

Last sale price $4,300,000 $299 Per Sq Ft

33 Days on Market

About This Home

As of March 2016

1908 classic brick building with wood-framed construction per KCR. 7 units renovated. Some views. In the 1970’s the plumbing and electrical systems were updated. The units feature electric heat and there is a central gas fired domestic hot water tank. The exterior windows have been replaced and the roof was recently re-coated. The building is secured using key card and intercom access and each residential floor is accessed by one of two stairwells. The common-laundry in the basement.

Co-Listed By

Eric Smith

Paragon Real Estate Advisors License #3434

Last Buyer's Agent

Eric Smith

Paragon Real Estate Advisors License #3434

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 876720

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $39,109

Year Built

  • Built in 1908

Lot Details

  • 5,400 Sq Ft Lot

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 14,380 Sq Ft Home
  • 4-Story Property

Community Details

  • Capitol Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 8804901115

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$39,109

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1908
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 14380
  • Special Features: None
  • Cumulative Days on Market: 378

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Stories: 4
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Flat
  • View: No
  • Waterfront: No
  • Exterior Features: Brick
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking: No
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 41703

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 8804901115
  • Lot Size Acres: 0.124
  • Lot Size Sq Ft: 5400
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: County
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 16
  • LeasedItems: None
  • TotalMonthlyIncome: 26565

Multi Family

  • Gross Scheduled Income: 318780
  • Net Operating Income: 160778
  • Number Of Units Total: 41
  • Insurance Expense: 9080
  • Leasable Area: 14380
  • UnitsInBuildingTotal: 41
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2015
  • Tax Annual Amount: 39109

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
03/04/2016 03/04/16 Sold $4,300,000 -14.0% $299 / Sq Ft
01/14/2016 01/14/16 Pending -- -- --
12/11/2015 12/11/15 For Sale $5,000,000 -- $348 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • E

    Seller Co-Listing Agent in 2016

    Eric Smith

    Paragon Real Estate Advisors

See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 876720

Northwest Multiple Listing Service (NWMLS)

Washington King County Seattle 98122 Capitol Hill

1723 Summit Ave, Seattle, WA

This home is located at 1723 Summit Ave, Seattle, WA 98122 since 11 December 2015. This property was built in 1908. 1723 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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