NOT LISTED FOR SALE
-- Bed
-- Bath
2,720 Sq Ft
5,300 Sq Ft Lot

Last Sold March 10, 2021

Last sale price $1,050,000 $386 Per Sq Ft

171 Days on Market

Highlights

  • Wood Flooring
  • John Hay Elementary School Rated A
  • 2-minute walk to Trolley Hill Park

About This Home

As of March 2021

Fully renovated QA triplex and future development site. Excellent cash flow opportunity with rental upside and big development potential. Exterior recently painted and new railings installed. Double listed with adjacent triplex. 4 Town homes can be built on one site and 9 if both sites combined. 10 apartment units on one site and 25 id sites combined. Buyer to verify development potential. 2nd bedroom in Unit #3 may not be conforming, buyer to verify. See marketing package for more information.

Last Agent to Sell the Property

Alfred Anderson

Pacific Crest License #111625 Listed on: 06/21/2020

Last Buyer's Agent

Alfred Anderson

Pacific Crest License #111625 Listed on: 06/21/2020

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1619964

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,883

Year Built

  • Built in 1940 | Remodeled

Lot Details

  • 5,300 Sq Ft Lot
  • Value in Land

Home Design

  • Triplex
  • Poured Concrete
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,720 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Parking

  • 2 Parking Spaces
  • Open Parking

Community Details

  • Queen Anne Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6926700755

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,883

Year Built

Built in 1940 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1940
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2720
  • Special Features: None
  • Cumulative Days on Market: 438

Interior Features

  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Vinyl
  • Interior Amenities: Ceramic Tile, Hardwood
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Basement,Coin Op Laundry

Exterior Features

  • Roof: Composition
  • Lot Features: Alley, Value In Land
  • View: No
  • Waterfront: No
  • Exterior Features: Metal/Vinyl
  • Foundation Details: Poured Concrete
  • Property Condition: Remodeled
  • Structure Type: Triplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 4890

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 6926700755
  • Lot Size Acres: 0.1217
  • Lot Size Sq Ft: 5300
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: King County
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 15
  • LeasedItems: None
  • TotalMonthlyIncome: 6020

Multi Family

  • Gross Scheduled Income: 78360
  • Net Operating Income: 55251
  • Number Of Units Total: 3
  • Insurance Expense: 865
  • Leasable Area: 2250
  • EnergySource: Electric
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: true
  • VacancyRate: 3

Tax Info

  • Year: 2020
  • Tax Annual Amount: 10883

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
03/10/2021 03/10/21 Sold $1,050,000 -12.1% $386 / Sq Ft
09/02/2020 09/02/20 Price Changed $1,195,000 -8.1% $439 / Sq Ft
06/21/2020 06/21/20 For Sale $1,300,000 -- $478 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1619964

Northwest Multiple Listing Service (NWMLS)