Listed by Windermere Real Estate Co., Bought with Heaton Dainard, LLC
NOT LISTED FOR SALE

Estimated Value: $1,467,000 - $1,526,000

8 Beds
5 Baths
5,057 Sq Ft
$296/Sq Ft Est. Value

Last Sold March 06, 2020

Last sale price $1,250,000 $247 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $9,632/month

15 Days on Market

Highlights

  • Lake View
  • Secluded Lot
  • High Speed Internet
  • Montlake Elementary School Rated A
  • Softwood Flooring
  • Partially Fenced Property

About This Home

As of March 2020

Storied Seattle classic radiates opportunity through restoration or redevelopment. Once a church, now a massive triplex; neglected yet intact 4-story, 6,000 SF structure boasts Olympics, Lake Union & Downtown views. Rare garage parking with space for more. Flat, corner lot ideal for savvy single-family or multi-family makeover or new ground-up townhomes or apartments. Zoned LR2 Urban Village: 50’ height limit, 2.3 FAR, no density limit, no parking requirement. Feasibility study upon request.

Last Agent to Sell the Property

Edward Krigsman

Windermere Real Estate Co. License #2270 Listed on: 02/12/2020

Windermere Real Estate Co.

Last Buyer's Agent

Jennifer Hafner

Heaton Dainard, LLC License #134914

Heaton Dainard, LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1563530

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,039

Year Built

  • Built in 1904

Lot Details

  • 3,000 Sq Ft Lot
  • Lot Dimensions are 60' x 50'
  • Partially Fenced Property
  • Secluded Lot
  • Corner Lot

Property Views

  • Lake
  • City
  • Canal
  • Mountain
  • Territorial

Home Design

  • Triplex
  • Fixer Upper
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 5,057 Sq Ft Home
  • 4-Story Property

Flooring

  • Softwood
  • Vinyl

Parking

  • 1 Parking Space
  • 1 Covered Space

Schools

  • Montlake Elementary School
  • Meany Mid Middle School
  • Garfield High School

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Eastlake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2902200570

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,039

Year Built

Built in 1904

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1904
  • Buyer Agency Compensation: 3.0%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 5057
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 380

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Softwood, Hardwood, See Remarks, Vinyl
  • Interior Amenities: Fir/Softwood, Hardwood
  • Stories: 4
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Basement

Exterior Features

  • Roof: Composition
  • View: Canal, City, Lake, Mountain(s), Territorial
  • Lot Features: Alley, Corner Lot, Curbs, Paved, Secluded, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: See Remarks, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Fixer
  • Structure Type: Triplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Open Parking: No
  • Total Parking Spaces: 1
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Natural Gas Connected
  • PowerCompany: Seattle City Light
  • SewerCompany: Seattle Public Utilities
  • WaterCompany: Seattle Public Utilties
  • WaterSewerGarbage: 6000

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Seattle
  • High School: Garfield High
  • Middle Or Junior School: Meany Mid

Lot Info

  • Parcel Number: 2902200570
  • Lot Size Acres: 0.0689
  • Lot Size: 60' x 50'
  • Lot Size Sq Ft: 3000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,Gas Available,High Speed Internet
  • MLSLotSizeSource: County
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 12
  • LeasedItems: None
  • TotalMonthlyIncome: 8900

Multi Family

  • Gross Scheduled Income: 106800
  • Net Operating Income: 77821
  • Number Of Units Total: 3
  • Insurance Expense: 5400
  • Leasable Area: 4000
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2019
  • Tax Annual Amount: 12039

MLS Schools

  • Elementary School: Montlake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 17, 2024
Sold by
Han Lin
Bought by
Lin Han and Alessandro Contenti Alessandro
Current Estimated Value
$1,496,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,365,000
Outstanding Balance
$1,360,296
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$136,421

Purchase Details

Closed on
Jul 1, 2021
Sold by
Contenti Alessandro
Bought by
Han Lin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
2.93%
Mortgage Type
Construction

Purchase Details

Listed on
Feb 12, 2020
Closed on
Mar 6, 2020
Sold by
Lerman Jacquie R and Becky Ann Mcguire Revocable Tr
Bought by
Han Lin and Contenti Alessandro
Seller's Agent
Edward Krigsman
Windermere Real Estate Co.
Buyer's Agent
Jennifer Hafner
Heaton Dainard, LLC
List Price
$1,250,000
Sold Price
$1,250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.33%

Purchase Details

Closed on
Feb 22, 2011
Sold by
Mcguire Robert C
Bought by
Mcguire Becky Ann

Purchase Details

Closed on
Jan 14, 2011
Sold by
Mcguire Marcella R and Mcguire Susan K
Bought by
Mcguire Marcella Rose

Purchase Details

Closed on
Sep 10, 1986
Sold by
Jongston Margaret King
Bought by
Mcguire Marcella R
Source: Public Records

Range of Values:

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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

Purchase History

Date Buyer Sale Price Title Company
Lin Han $313 Fidelity National Title
Han Lin -- None Available
Han Lin $1,250,000 Chicago Title Ncs
Mcguire Becky Ann -- None Available
Mcguire Marcella Rose -- None Available
Mcguire Marcella R $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lin Han $1,365,000
Previous Owner Han Lin $1,100,000
Previous Owner Han Lin $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2020 03/06/20 Sold $1,250,000 0.0% $247 / Sq Ft
02/27/2020 02/27/20 Pending -- -- --
02/12/2020 02/12/20 For Sale $1,250,000 -- $247 / 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 $18,488 $1,949,000 $1,030,000 $919,000
2023 $17,216 $1,844,000 $981,000 $863,000
2022 $12,402 $1,570,000 $792,000 $778,000
2021 $12,204 $1,352,000 $682,000 $670,000
2020 $13,650 $1,264,000 $640,000 $624,000
2018 $12,188 $1,432,000 $658,000 $774,000
2017 $10,909 $1,238,000 $569,000 $669,000
2016 $8,091 $1,145,000 $529,000 $616,000
2015 $6,630 $822,000 $160,000 $662,000
2014 -- $686,000 $128,000 $558,000
2013 -- $694,000 $121,000 $573,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1563530

Northwest Multiple Listing Service (NWMLS)

APN: 290220-0570