Listed by Westlake Associates, Inc., Bought with NAREIG
NOT LISTED FOR SALE

1824 N 103rd St Seattle, WA 98133

North College Park Neighborhood
-- Bed
-- Bath
9,975 Sq Ft
7,330 Sq Ft Lot

Last Sold August 20, 2024

Last sale price $2,900,000 $291 Per Sq Ft

24 Days on Market

Highlights

  • Deck
  • No HOA
  • Forced Air Heating System
  • Viewlands Elementary School Rated A-
  • Vinyl Plank Flooring
  • Partially Fenced Property

About This Home

As of August 2024

ASSUMABLE FINANCING with a 3.32% Interest Rate. Constructed in 1986, Northgate 9 is a 3-story, wood-framed building featuring a ground-floor parking garage. The property comprises nine 2-bedroom, 2-bathroom apartment units, each spanning an average of 1,108 sqft. Every unit boasts an open-concept layout, covered balconies, full appliance package and in-unit full-size washers and dryers. Northgate 9 presents a unique investment opportunity. Prospective investors can capitalize on the property’s strategic location and low-maintenance appeal. Potential for enhancing returns by renovating additional unit interiors, adjusting rents to align with market rates, and securing the parking garage by adding a garage door & charging for parking.

Last Agent to Sell the Property

David Petersen

Westlake Associates, Inc. License #7352 Listed on: 07/09/2024

Co-Listed By

Chad Martini

Westlake Associates, Inc. License #118627

Last Buyer's Agent

Dongmei Nian

NAREIG License #24008773

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2262502

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $28,860

Year Built

  • Built in 1986

Lot Details

  • 7,330 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 9,975 Sq Ft Home
  • 3-Story Property
  • Vinyl Plank Flooring

Parking

  • 14 Parking Spaces
  • 9 Covered Spaces
  • Open Parking

Additional Features

  • Deck
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Northgate Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5464300063

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$28,860

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1986
  • Buyer Agency Compensation: 2
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 9975
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl Plank
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: Coin Op Laundry,Storage

Exterior Features

  • Roof: Composition
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 9
  • Open Parking Spaces: 5
  • Open Parking: Yes
  • Total Parking Spaces: 14
  • ParkingUncoveredSpaces: 5

Utilities

  • Sewer: Sewer Connected
  • Security: FullyFenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • WaterSewerGarbage: 16887

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 5464300063
  • Lot Size Acres: 0.1683
  • Lot Size Sq Ft: 7330
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Fenced-Partially
  • MLSLotSizeSource: King County Assessor
  • MLSSquareFootageSource: King County Assessor
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 10.67
  • LeasedItems: None
  • TotalMonthlyIncome: 18060

Multi Family

  • Gross Scheduled Income: 276480
  • Net Operating Income: 195064
  • Number Of Units Total: 9
  • Insurance Expense: 6045
  • Leasable Area: 9975
  • EnergySource: Electric
  • UnitsInBuildingTotal: 9
  • UnitsBelowGrade: false
  • VacancyRate: 13824

Tax Info

  • Year: 2024
  • Tax Annual Amount: 28860

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
08/20/2024 08/20/24 Sold $2,900,000 -1.7% $291 / Sq Ft
08/02/2024 08/02/24 Pending -- -- --
07/09/2024 07/09/24 For Sale $2,950,000 -- $296 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • David Petersen

    Seller's Agent in 2024

    David Petersen

    Westlake Associates, Inc.

    (206) 300-8909

    1 in this area

    26 Total Sales

    David Petersen
    Section Image
  • Chad Martini

    Seller Co-Listing Agent in 2024

    Chad Martini

    Westlake Associates, Inc.

    (206) 321-3226

    1 in this area

    24 Total Sales

    Chad Martini
    Section Image
  • Dongmei Nian

    Buyer's Agent in 2024

    Dongmei Nian

    NAREIG

    (206) 566-1547

    1 in this area

    29 Total Sales

    Dongmei Nian
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2262502

Northwest Multiple Listing Service (NWMLS)
Washington King County Seattle 98133 North College Park

1824 N 103rd St, Seattle, WA

This home is located at 1824 N 103rd St, Seattle, WA 98133 since 09 July 2024. This property was built in 1986. 1824 N 103rd St is a home located in King County with nearby schools including Viewlands Elementary School, Robert Eagle Staff Middle School, and Ingraham 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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