Listed by Paragon Real Estate Advisors, Bought with Paragon Real Estate Advisors
NOT LISTED FOR SALE
4 Beds
6 Baths
11,795 Sq Ft
10,800 Sq Ft Lot

Last Sold December 31, 2020

Last sale price $7,950,000 $674 Per Sq Ft

39 Days on Market

Highlights

  • 0.25 Acre Lot
  • Coe Elementary School Rated A
  • Vinyl Flooring

About This Home

As of December 2020

Classic Mid-Century Modern 22-unit apartment building on the Top of Queen Anne Hill. Completely renovated including extensive upgrades to the major systems. The renovations to the large spacious units are timeless with clean lines and top of the line finishes. Many of the units offer expansive views of Puget Sound. The Edith Apartments is definitely a turn-key, pride of ownership apartment building located in the most sought-after high-end neighborhood by homeowners and residents alike.

Last Agent to Sell the Property

Cathy Jeney

Paragon Real Estate Advisors License #18893 Listed on: 09/28/2020

Last Buyer's Agent

Nick Hemming

Paragon Real Estate Advisors License #120684

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1670092

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $57,660

Year Built

  • Built in 1952

Lot Details

  • 10,800 Sq Ft Lot

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete
  • Stone Siding
  • Wood Composite

Interior Spaces

  • 11,795 Sq Ft Home
  • 3-Story Property

Flooring

  • Laminate
  • Vinyl

Parking

  • 7 Parking Spaces
  • Open Parking

Community Details

  • Queen Anne Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7011200695

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$57,660

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1952
  • Buyer Agency Compensation: 1.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 11795
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Laminate, Vinyl
  • Interior Amenities: Laminate Hardwood
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

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

Garage/Parking

  • Carport Y N: No
  • Open Parking: Yes
  • Total Parking Spaces: 7

Utilities

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

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 7011200695
  • Lot Size Acres: 0.2479
  • Lot Size Sq Ft: 10800
  • 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: 41458

Tax Info

  • Year: 2020
  • Tax Annual Amount: 57660

Multi Family

  • Number Of Units Total: 22
  • UnitsBelowGrade: false

Range of Values:

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Value Increase
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Percent Increase
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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 Prior Sale
12/31/2020 12/31/20 Sold $7,950,000 -2.5% $674 / Sq Ft
11/06/2020 11/06/20 Pending -- -- --
09/28/2020 09/28/20 For Sale $8,150,000 +56.7% $691 / Sq Ft
02/13/2017 02/13/17 Sold $5,200,000 -12.6% $371 / Sq Ft View Prior Sale
12/07/2016 12/07/16 Pending -- -- --
10/26/2016 10/26/16 For Sale $5,950,000 0.0% $425 / Sq Ft
08/18/2016 08/18/16 Pending -- -- --
08/03/2016 08/03/16 For Sale $5,950,000 -- $425 / 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 $64,059 $6,750,000 $1,890,000 $4,860,000
2023 $67,465 $7,250,000 $1,890,000 $5,360,000
2022 $71,822 $7,950,000 $1,620,000 $6,330,000
2021 $55,516 $7,950,000 $1,620,000 $6,330,000
2020 $57,660 $5,799,000 $1,620,000 $4,179,000
2018 $47,824 $5,346,000 $1,296,000 $4,050,000
2017 $39,684 $4,873,000 $1,242,000 $3,631,000
2016 $33,464 $4,170,000 $1,067,800 $3,102,200
2015 $30,962 $3,420,000 $855,000 $2,565,000
2014 -- $3,238,000 $807,500 $2,430,500
2013 -- $2,887,000 $765,700 $2,121,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1670092

Northwest Multiple Listing Service (NWMLS)