Listed by Paragon Real Estate Advisors
NOT LISTED FOR SALE

2003 Franklin Ave E Seattle, WA 98102

Eastlake Neighborhood
-- Bed
-- Bath
10,800 Sq Ft
6,600 Sq Ft Lot

Last Sold November 19, 2019

Last sale price $4,527,500 $419 Per Sq Ft

15 Days on Market

Highlights

  • 0.15 Acre Lot
  • Wood Siding
  • 3-minute walk to I-5 Bike Park
  • Montlake Elementary School Rated A

About This Home

As of November 2019

Extensive value add opportunity in an A+ Eastlake location. The Penn Apartments offer 10 spacious corner units with private patios and views of the lake and skyline. Building also offers 4 highly sought-after garage spaces and 7 open parking spaces. Walk to both the CBD and SLU employment centers and enjoy uncountable neighborhood amenities.

Last Agent to Sell the Property

Cathy Jeney

Paragon Real Estate Advisors License #18893 Listed on: 08/05/2019

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1501194

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $30,036

Year Built

  • Built in 1968

Lot Details

  • 6,600 Sq Ft Lot

Home Design

  • Flat Roof Shape
  • Poured Concrete
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 10,800 Sq Ft Home
  • 3-Story Property

Parking

  • 11 Parking Spaces
  • 4 Covered Spaces
  • Open Parking

Community Details

  • Eastlake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2902200085

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$30,036

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1968
  • Buyer Agency Compensation: 1.75
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 10800
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry

Exterior Features

  • Roof: Flat
  • View: No
  • Waterfront: No
  • Exterior Features: Cement/Concrete, Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 11

Utilities

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

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 2902200085
  • Lot Size Acres: 0.1515
  • Lot Size Sq Ft: 6600
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 16
  • LeasedItems: None
  • TotalMonthlyIncome: 22080

Tax Info

  • Year: 2019
  • Tax Annual Amount: 30036

Multi Family

  • Number Of Units Total: 10
  • 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
11/19/2019 11/19/19 Sold $4,527,500 +0.6% $419 / Sq Ft
08/20/2019 08/20/19 Pending -- -- --
08/05/2019 08/05/19 For Sale $4,500,000 -- $417 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Cathy Jeney

    Seller's Agent in 2019

    Cathy Jeney

    Paragon Real Estate Advisors

    (206) 595-5557

    1 in this area

    27 Total Sales

    Cathy Jeney
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1501194

Northwest Multiple Listing Service (NWMLS)
Washington King County Seattle 98102 Eastlake

2003 Franklin Ave E, Seattle, WA

Not Listed for Sale

MultiFamily

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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