Listed by Kidder Mathews, Bought with Windermere Real Estate/East
NOT LISTED FOR SALE
-- Bed
-- Bath
2,855 Sq Ft
3,600 Sq Ft Lot

Last Sold May 12, 2022

Last sale price $1,450,000 $508 Per Sq Ft

6 Days on Market

Highlights

  • City View
  • Deck
  • Corner Lot
  • Coe Elementary School Rated A
  • Wood Flooring
  • 4-minute walk to West Queen Anne Playfield

About This Home

As of May 2022

Incredible value add 4-Plex on top of Queen Anne. Location is everything, a 5 minute walk to coffee shops, restaurants, Trader Joes and retail stores makes this property a must have. Walking distance to Kerry Park, West QA Playfield, and QA Public Library makes this property a forever location. A great value add opportunity to renovate 3 units immediately with one unit needing a complete renovation (2x1). With an average unit size of 720 sqft makes the units spacious and desirable for tenants. A healthy unit mix of two 2x1's and two 1x1's. Financials are Market Rate Proforma, Rents are actuals

Last Agent to Sell the Property

Winslow Lee

Kidder Mathews License #136708 Listed on: 03/22/2022

Last Buyer's Agent

Teri Herrera

Windermere Real Estate/East License #13911

Windermere Real Estate/East

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1904949

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,214

Year Built

  • Built in 1910

Lot Details

  • 3,600 Sq Ft Lot
  • Corner Lot

Home Design

  • Quadruplex
  • Fixer Upper
  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,855 Sq Ft Home
  • 2-Story Property
  • City Views

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Outdoor Features

  • Deck

Community Details

  • No Home Owners Association
  • Queen Anne Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4232900190

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,214

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1910
  • Buyer Agency Compensation: 2%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2855
  • EffectiveYearBuiltSource: Public Records
  • SOCComments: 2%
  • Special Features: None
  • Cumulative Days on Market: 348

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Hardwood, Laminate, Vinyl, Carpet
  • Interior Amenities: Hardwood, Laminate, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: City
  • Lot Features: Corner Lot, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Post & Pillar
  • Property Condition: Fixer
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Open Parking: No
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: Seattle City Light
  • SewerCompany: SPU
  • WaterCompany: SPU
  • CableConnected: Comcast
  • InternetConnected: Comcast
  • WaterSewerGarbage: 4800

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 4232900190
  • Lot Size Acres: 0.0826
  • Lot Size: 3600
  • Lot Size Sq Ft: 3600
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck
  • MLSLotSizeSource: King County Parcel Viewer
  • ZoningJurisdiction: City
  • ZoningClass: Residential

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 23
  • LeasedItems: None
  • TotalMonthlyIncome: 1395

Multi Family

  • Gross Scheduled Income: 81540
  • Net Operating Income: 60419
  • Number Of Units Total: 4
  • Insurance Expense: 1600
  • Leasable Area: 2855
  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2022
  • Tax Annual Amount: 7214
  • AdditionalTaxIds: 4232900190

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
05/12/2022 05/12/22 Sold $1,450,000 +3.6% $508 / Sq Ft
03/28/2022 03/28/22 Pending -- -- --
03/22/2022 03/22/22 For Sale $1,400,000 -- $490 / 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: 1904949

Northwest Multiple Listing Service (NWMLS)