Listed by Westlake Associates, Inc.
NOT LISTED FOR SALE
7 Beds
5 Baths
4,003 Sq Ft
5,000 Sq Ft Lot

Last Sold April 29, 2016

Last sale price $1,475,000 $368 Per Sq Ft

54 Days on Market

About This Home

As of April 2016

The Ballard 5 has been recently upgraded with new double-pane vinyl windows and French sliding doors, and a new PVC roof in 2009. The building also features copper plumbing, individual decks and/or patios, secured lobby with intercom system, storage lockers, and a common laundry. The property is located in the Ballard Hub Urban Village and zoned NC3-65 offering a new investor the option to build a multitude of different things while purchasing a well located building with immediate rental upside

Last Agent to Sell the Property

Chad Martini

Westlake Associates, Inc. License #118627 Listed on: 02/16/2016

Co-Listed By

David Petersen

Westlake Associates, Inc. License #7352

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 896489

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,945

Year Built

  • Built in 1969

Lot Details

  • 5,000 Sq Ft Lot

Home Design

  • 4,003 Sq Ft Home
  • Flat Roof Shape
  • Wood Siding
  • Wood Composite

Parking

  • 5 Parking Spaces
  • Open Parking

Community Details

  • Ballard Subdivision
  • 23-Story Property

Listing and Financial Details

  • Assessor Parcel Number 2767700400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,945

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1969
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 4003
  • Special Features: None
  • Cumulative Days on Market: 407

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Stories: 23
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

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

Garage/Parking

  • Carport Spaces: 3
  • Carport Y N: No
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 5
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 8141

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 2767700400
  • Lot Size Acres: 0.1148
  • Lot Size Sq Ft: 5000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: County
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 24
  • LeasedItems: None
  • TotalMonthlyIncome: 5194

Multi Family

  • Gross Scheduled Income: 62331
  • Net Operating Income: 39042
  • Number Of Units Total: 5
  • Insurance Expense: 2773
  • Leasable Area: 4003
  • UnitsInBuildingTotal: 5
  • UnitsBelowGrade: false
  • VacancyRate: 2

Tax Info

  • Year: 2015
  • Tax Annual Amount: 4945

Range of Values:

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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
04/29/2016 04/29/16 Sold $1,475,000 -1.3% $368 / Sq Ft
04/11/2016 04/11/16 Pending -- -- --
02/16/2016 02/16/16 For Sale $1,495,000 -- $373 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 896489

Northwest Multiple Listing Service (NWMLS)