NOT LISTED FOR SALE
-- Bed
-- Bath
4,168 Sq Ft
4,750 Sq Ft Lot

Last Sold August 08, 2023

Last sale price $1,885,000 $452 Per Sq Ft

9 Days on Market

Highlights

  • No HOA
  • Baseboard Heating
  • 3-minute walk to Ballard Corners Park
  • Adams Elementary School Rated A
  • Wood Siding

About This Home

As of August 2023

Each unit has been fully remodeled with finishes that include granite counters, new cabinet packages, luxury vinyl plank flooring, stainless steel appliance packages, and totally renovated bathrooms. Located in the highly populated Ballard neighborhood, the property also boasts off-street secured garage parking for tenant convenience. Buyers will happily notice the keen attention to detail that the current ownership has provided this asset as well as a solid in-place income stream.

Last Agent to Sell the Property

Jacob Odegard

Paragon Real Estate Advisors License #120796 Listed on: 05/11/2023

Co-Listed By

Nick Hemming

Paragon Real Estate Advisors License #120684

Last Buyer's Agent

Dennis Hancock

Windermere Real Estate/East License #123890

Windermere Real Estate/East

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2066345

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,272

Year Built

  • Built in 1989

Lot Details

  • 4,750

Home Design

  • Built-Up Roof
  • Wood Siding

Interior Spaces

  • 4,168 Sq Ft Home
  • 2-Story Property

Parking

  • 8 Parking Spaces
  • 6 Covered Spaces
  • Open Parking

Additional Features

  • 4,750 Sq Ft Lot
  • Baseboard Heating

Community Details

  • No Home Owners Association
  • Ballard Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2767603115

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,272

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1989
  • Buyer Agency Compensation: 2.25
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 4168
  • Special Features: None
  • Cumulative Days on Market: 276

Interior Features

  • Fireplace: No
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Built-Up
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 6
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • WaterSewerGarbage: 11000

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 2767603115
  • Lot Size Acres: 0.109
  • Lot Size Sq Ft: 4750
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: King County

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14.15
  • LeasedItems: None
  • TotalMonthlyIncome: 11780

Multi Family

  • Gross Scheduled Income: 141360
  • Net Operating Income: 94287
  • Number Of Units Total: 6
  • Insurance Expense: 3493
  • Leasable Area: 4168
  • EnergySource: Electric
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2023
  • Tax Annual Amount: 13272

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
08/08/2023 08/08/23 Sold $1,885,000 -5.8% $452 / Sq Ft
05/20/2023 05/20/23 Pending -- -- --
05/11/2023 05/11/23 For Sale $2,000,000 -- $480 / 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: 2066345

Northwest Multiple Listing Service (NWMLS)