Listed by Paragon Real Estate Advisors, Bought with Westlake Associates, Inc.
NOT LISTED FOR SALE
6 Beds
6 Baths
7,438 Sq Ft
6,000 Sq Ft Lot

Sale Details

Date Sold: September 4, 2015

Last sale price $3,500,000 $471 Per Sq Ft

40 Days on Market

About This Home

As of September 2015

First time in 50 years, Claringle Apartments are located in Capitol Hill, one of Seattle’s most thriving and desirable urban neighborhoods. Charming brick building with old-world charm. The large corner units have high ceilings and beautiful fir flooring. Tranquil patio area and common laundry. True value-add opportunity through management, renovation and potential to add apartment units or develop townhomes on parcel. 6000 SF lot zoned LR3 with an Urban Village designation.

Last Agent to Sell the Property

Cathy Jeney

Paragon Real Estate Advisors License #18893 Listed on: 05/12/2015

Last Buyer's Agent

Richard Kemp

Westlake Associates, Inc. License #31127

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 786206

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,052

Year Built

  • Built in 1910

Lot Details

  • 6,000

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 7,438 Sq Ft Home
  • 3-Story Property

Additional Features

  • 6,000 Sq Ft Lot
  • Natural Gas Connected

Community Details

  • Capitol Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2784100005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,052

Year Built

Built in 1910

Lot Details

6,000 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1910
  • Buyer Agency Compensation: 2
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • Structure Type: Multi Family
  • CalculatedSquareFootage: 7438
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Interior Amenities: Hot Water Recirc Pump
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Flat
  • View: No
  • Waterfront: No
  • Exterior Features: Brick

Garage/Parking

  • Carport Y N: No
  • Open Parking: No

Utilities

  • Sewer: Sewer Connected
  • Utilities: Sewer Connected, Natural Gas Connected

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 2784100005
  • Lot Size Acres: 0.1377
  • Lot Size Sq Ft: 6000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: county
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 20
  • LeasedItems: Washer/Dryer
  • TotalMonthlyIncome: 14848

Tax Info

  • Year: 2015
  • Tax Annual Amount: 18052

Multi Family

  • Number Of Units Total: 13
  • UnitsBelowGrade: false

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2015
Closed on
Aug 26, 2015
Sold by
Bought by
Seller's Agent
Cathy Jeney
Paragon Real Estate Advisors
Buyer's Agent
Richard Kemp
Westlake Associates, Inc.
List Price
$3,685,000
Sold Price
$3,500,000
Premium/Discount to List
-$185,000
-5.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,520,000
Interest Rate
0.0397%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 19, 1994
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$3,493,500 Fidelity Natio
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,520,000
Previous Owner $100,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/04/2015 09/04/15 Sold $3,500,000 -5.0% $471 / Sq Ft
06/22/2015 06/22/15 Pending -- -- --
05/12/2015 05/12/15 For Sale $3,685,000 -- $495 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $31,445 $3,079,000 $1,800,000 $1,279,000
2024 $29,106 $3,073,000 $1,920,000 $1,153,000
2023 $33,382 $3,729,000 $1,920,000 $1,809,000
2022 $33,266 $4,021,000 $1,410,000 $2,611,000
2021 $40,724 $3,689,000 $1,410,000 $2,279,000
2020 $39,672 $4,304,000 $1,710,000 $2,594,000
2018 $32,042 $3,683,000 $1,170,000 $2,513,000
2017 $28,407 $3,296,000 $1,170,000 $2,126,000
2016 $21,248 $3,020,000 $660,000 $2,360,000
2015 -- $2,194,000 $660,000 $1,534,000
2014 -- $1,904,000 $660,000 $1,244,000
2013 -- $1,793,000 $660,000 $1,133,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 786206

Northwest Multiple Listing Service (NWMLS)
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