Listed by Westlake Associates, Inc.
NOT LISTED FOR SALE
-- Bed
-- Bath
6,940 Sq Ft
0.33 Acres

Last Sold August 17, 2022

Last sale price $2,800,000 $403 Per Sq Ft

18 Days on Market

About This Home

As of August 2022

Historically known as a logging community, Bothell is now a bustling and growing city of approximately 44,000 people. Located on the northeast end of Lake Washington, it has become the northern end of the Eastside technology corridor. It is home to the University of Washington’s Bothell campus and many BioMed and Biotech businesses. Downtown Bothell has experienced a transfor¬mation with its revitalization plan including demolition of 15 buildings to expand Highway 522, and the addition of transit and pedestrian friendly corridors. The Hillside Apartments are in a prime location to benefit from this transition as more companies look to expand outside of Seattle.

Last Agent to Sell the Property

Chad Martini

Westlake Associates, Inc. License #118627 Listed on: 05/19/2022

Co-Listed By

David Petersen

Westlake Associates, Inc. License #7352

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1935441

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $23,566

Year Built

  • Built in 1971

Lot Details

  • 0.33 Acre Lot

Home Design

  • Built-Up Roof
  • Wood Composite

Interior Spaces

  • 6,940 Sq Ft Home
  • 2-Story Property

Parking

  • 15 Parking Spaces
  • Open Parking

Community Details

  • No Home Owners Association
  • Bothell Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0526059024

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$23,566

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1971
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 6940
  • Special Features: None

Interior Features

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

Exterior Features

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

Garage/Parking

  • Carport Y N: No
  • Open Parking: Yes
  • Total Parking Spaces: 15

Utilities

  • Sewer: Sewer Connected
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electricity Available
  • HeatingCoolingType: Radiant

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Northshore

Lot Info

  • Parcel Number: 0526059024
  • Lot Size Acres: 0.3306
  • Lot Size Sq Ft: 14400
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: King County

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13.56
  • LeasedItems: None
  • TotalMonthlyIncome: 12605

Tax Info

  • Year: 2022
  • Tax Annual Amount: 23566

Multi Family

  • EnergySource: Electric
  • UnitsBelowGrade: false

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 List to Sale Price per Sq Ft
08/17/2022 08/17/22 Sold $2,800,000 +0.2% $403 / Sq Ft
06/06/2022 06/06/22 Pending -- -- --
05/19/2022 05/19/22 For Sale $2,795,000 -- $403 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

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
2024 $20,816 $2,162,000 $576,000 $1,586,000
2023 $20,803 $2,349,000 $360,000 $1,989,000
2022 $23,566 $2,342,000 $360,000 $1,982,000
2021 $25,184 $2,176,000 $360,000 $1,816,000
2020 $19,717 $2,153,000 $432,000 $1,721,000
2018 $14,644 $1,342,000 $403,200 $938,800
2017 $15,484 $1,266,000 $388,800 $877,200
2016 $13,664 $1,354,000 $360,000 $994,000
2015 -- $1,211,000 $331,200 $879,800
2014 -- $1,060,000 $331,200 $728,800
2013 -- $1,060,000 $331,200 $728,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1935441

Northwest Multiple Listing Service (NWMLS)