Listed by Lee & Associates Commercial RE, Bought with Kelly Right RE of Seattle LLC
$2,300,000
SOLD SEP 13, 2024

2000 Waverly Place N Seattle, WA 98109

Westlake Neighborhood
-- Bed
-- Bath
6,166 Sq Ft
7,600 Sq Ft Lot

Recently Sold

$373 Per Sq Ft

15% Below List Price

44 Days on Market

Highlights

  • Lake View
  • 0.17 Acre Lot
  • No HOA
  • John Hay Elementary School Rated A
  • Corner Lot
  • Patio

About This Home

As of September 2024

Waverly Court (WC) is an 8-unit apt building in East Queen Anne. Conveniently located between Fremont, QA, and South Lake Union, WC is walking distance to local amenities & major tech employers such as Meta & Google. Attractive unit mix: One 1x1 & and Seven 2x1 w/ some upper floor units offering peekaboo water views. Avg. size of nearly 800sf, 2 units have updated kitchen and 5 units has LVT flooring. Tenants have access to private common patio, designated parking & common laundry. By updating the units and modernizing the systems and amenities, investors are poised to realize over 27% potential rental upside. WC makes an excellent investment for investors looking to secure a prime location and maximize their returns through value-add play.

Last Agent to Sell the Property

Dea Sumantri

Lee & Associates Commercial RE License #21001837 Listed on: 06/10/2024

Lee & Associates Commercial RE

Co-Listed By

Chris Larsen

Lee & Associates Commercial RE License #21016669

Last Buyer's Agent

Lian Zhou

Kelly Right RE of Seattle LLC License #128455

Kelly Right RE of Seattle LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2248613

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $27,559

Year Built

  • Built in 1959

Lot Details

  • 7,600 Sq Ft Lot
  • Partially Fenced Property
  • Corner Lot
  • Property is in good condition

Property Views

  • Lake
  • Territorial

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete
  • Stucco

Interior Spaces

  • 6,166 Sq Ft Home
  • 3-Story Property
  • Wall to Wall Carpet

Parking

  • 8 Parking Spaces
  • Open Parking

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating System
  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association
  • Westlake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 9301300541

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$27,559

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1959
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 6166
  • EffectiveYearBuiltSource: Public Records
  • Special Features: VirtualTour
  • Cumulative Days on Market: 313

Interior Features

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

Exterior Features

  • Roof: Flat
  • View: Lake, Territorial
  • Lot Features: Corner Lot, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Brick, Stucco
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 8
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 8

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: SCL
  • SewerCompany: SPU
  • WaterCompany: SPU
  • WaterSewerGarbage: 11200

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 9301300541
  • Lot Size Acres: 0.1745
  • Lot Size Sq Ft: 7600
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially,Patio
  • MLSLotSizeSource: King County Parcel Viewer
  • MLSSquareFootageSource: Seller
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 15.3
  • LeasedItems: None
  • TotalMonthlyIncome: 14725

Multi Family

  • Gross Scheduled Income: 176700
  • Net Operating Income: 169060
  • Number Of Units Total: 7
  • Insurance Expense: 6000
  • Leasable Area: 6166
  • EnergySource: Electric
  • UnitsInBuildingTotal: 8
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2024
  • Tax Annual Amount: 27559

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
09/13/2024 09/13/24 Sold $2,300,000 -14.8% $373 / Sq Ft
07/24/2024 07/24/24 Pending -- -- --
06/10/2024 06/10/24 For Sale $2,700,000 -- $438 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Dea Sumantri

    Seller's Agent in 2024

    Dea Sumantri

    Lee & Associates Commercial RE

    (206) 624-2424

    1 in this area

    22 Total Sales

    Dea Sumantri
    Section Image
  • Chris Larsen

    Seller Co-Listing Agent in 2024

    Chris Larsen

    Lee & Associates Commercial RE

    (925) 719-3480

    1 in this area

    15 Total Sales

    Chris Larsen
    Section Image
  • Lian Zhou

    Buyer's Agent in 2024

    Lian Zhou

    Kelly Right RE of Seattle LLC

    (206) 859-8499

    1 in this area

    19 Total Sales

    Lian Zhou
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2248613

Northwest Multiple Listing Service (NWMLS)

Washington King County Seattle 98109 Westlake

2000 Waverly Place N, Seattle, WA

This home is located at 2000 Waverly Place N, Seattle, WA 98109 and is currently priced at $2,300,000, approximately $373 per square foot. This property was built in 1959. 2000 Waverly Place N is a home located in King County with nearby schools including John Hay Elementary School, Mcclure Middle School, and Lincoln 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) 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. ©2025 NWMLS.

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