Listed by COMPASS, Bought with COMPASS
$2,312,000
SOLD DEC 20, 2024
8 Beds
7 Baths
4,780 Sq Ft
2,750 Sq Ft Lot

Recently Sold

$484 Per Sq Ft

7% Below List Price

63 Days on Market

Highlights

  • City View
  • Wood Flooring
  • No HOA
  • Mcclure Middle School Rated A-
  • Corner Lot
  • Patio

About This Home

As of December 2024

This stunning like-new 4-Unit modern complex was built in 2015 & showcases beautiful city & territorial views. Units include bright interiors, designer kitchens w/quartz counters, flowing hardwoods, under-mount sinks & Canyon Creek Cabinetry. All 4 units leased in 2023+2024 have Ductless AC/heat, hot water tanks, private washers/dryers & kitchen appliances. Currently 3/4 units leased, unit 2 staged for showing! Enjoy a video intercom secured entry & fire sprinklers. Terraced patios for year-round fun. Main level 2 bedroom work/live w/front flex space. 2nd floor 1 bedroom & 2 bedroom units. 3rd floor 3 bedroom penthouse. An unbeatable location in the heart of it all, close to the popular Burke Gilman Trail, shopping dining & more!

Last Agent to Sell the Property

Mike Moghaddas

COMPASS License #47454 Listed on: 10/11/2024

COMPASS

Last Buyer's Agent

Logan Moir

COMPASS License #23014225

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2299551

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,263

Year Built

  • Built in 2015

Lot Details

  • 2,750 Sq Ft Lot
  • Corner Lot
  • Property is in very good condition

Property Views

  • City
  • Territorial

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Slab Foundation
  • Poured Concrete
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 4,780 Sq Ft Home
  • 4-Story Property

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 7 Bathrooms

Parking

  • 4 Parking Spaces
  • 3 Covered Spaces
  • Open Parking

Outdoor Features

  • Patio

Utilities

  • Ductless Heating Or Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Heat Pump System
  • Heating System Mounted To A Wall or Window
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Magnolia Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2770601875

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,263

Year Built

Built in 2015

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 2015
  • Buyer Agency Compensation: 2.25
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 4780
  • SOCComments: Thank you for showing!
  • Special Features: None
  • Cumulative Days on Market: 272

Interior Features

  • Possible Use: Residential
  • Total Bedrooms: 8
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Laminate, Carpet
  • Interior Amenities: Ceramic Tile, Hardwood, Laminate Hardwood, Wall to Wall Carpet
  • Stories: 4
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: Fire Sprinklers

Exterior Features

  • Roof: Flat
  • View: City, Territorial
  • Lot Features: Alley, Corner Lot, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement/Concrete, Wood, Wood Products
  • Foundation Details: Poured Concrete, Slab
  • Property Condition: Very Good
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Open Parking Spaces: 1
  • Open Parking: Yes
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 1

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: Ductless HP-Mini Split, Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Ductless HP-Mini Split, Heat Pump, Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: Seattle City Light
  • SewerCompany: SPU
  • WaterCompany: SPU
  • WaterSewerGarbage: 6082

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Seattle
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 2770601875
  • Lot Size Acres: 0.0631
  • Lot Size Sq Ft: 2750
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Gas Available,High Speed Internet,Patio
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Residential

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • GrossRentMultiplier: 18.9
  • LeasedItems: None
  • TotalMonthlyIncome: 11010

Multi Family

  • Gross Scheduled Income: 132120
  • Net Operating Income: 101761
  • Number Of Units Total: 5
  • Electric Expense: 571.8
  • Insurance Expense: 2422
  • Leasable Area: 5002
  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2024
  • Tax Annual Amount: 17263

MLS Schools

  • Elementary School: Buyer To Verify

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Range of Values:

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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
12/20/2024 12/20/24 Sold $2,312,000 -7.4% $484 / Sq Ft
12/13/2024 12/13/24 Pending -- -- --
10/11/2024 10/11/24 For Sale $2,498,000 +56.1% $523 / Sq Ft
07/17/2015 07/17/15 Sold $1,600,000 -5.8% $320 / Sq Ft
06/04/2015 06/04/15 Pending -- -- --
05/29/2015 05/29/15 For Sale $1,699,000 -- $340 / 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: 2299551

Northwest Multiple Listing Service (NWMLS)

APN: 277060-1875