Listed by Lee & Associates Commercial RE, Bought with Windermere Real Estate Central
NOT LISTED FOR SALE
-- Bed
-- Bath
6,875 Sq Ft
0.32 Acre Lot

Sale Details

Date Sold: September 11, 2024

Last sale price $3,210,000 $467 Per Sq Ft

21 Days on Market

Highlights

  • Lake View
  • Deck
  • Corner Lot
  • 0.32 Acre Lot
  • Wood Flooring
  • No HOA

About This Home

As of September 2024

The Ballard Mansion, a historic landmark epitomizing timeless elegance. Steps from Kerry Park, this exquisite 6-unit features meticulously preserved details such as hardwood floors, tiled kitchens+bathrms, &vintage leaded-glass built-in cabinetry. Large units each w/ formal dining/den areas. The 2x2 penthouse is 1,800sf w/ private W/D and French doors open to a balcony w/ views of Elliott Bay & Space Needle. Current rents are below market, w/ no billed utilities/storage/parking, presenting income opportunities. Alternatively, it could be converted back into SFH. Take advantage of attractive seller financing to improve the building’s systems and refresh units upon turnover, becoming proud custodians of one of Seattle’s historic treasures.

Last Agent to Sell the Property

Dea Sumantri

Lee & Associates Commercial RE License #21001837 Listed on: 07/23/2024

Co-Listed By

Daniel Lim

Lee & Associates Commercial RE License #131121

Last Buyer's Agent

Sol Simmers

Windermere Real Estate Central License #126222

Windermere Real Estate Central

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2268940

Northwest Multiple Listing Service (NWMLS)
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $26,729

Year Built

  • Built in 1901

Lot Details

  • 13,780 Sq Ft Lot
  • Corner Lot
  • Property is in good condition

Parking

  • Open Parking

Property Views

  • Lake
  • City

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 6,875 Sq Ft Home
  • 3-Story Property

Flooring

  • Wood
  • Wall to Wall Carpet

Outdoor Features

  • Deck
  • Patio

Utilities

  • Radiator
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Queen Anne Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1731800590

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$26,729

Year Built

Built in 1901

Lot Details

0.32 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1901
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • Structure Type: Multi Family
  • CalculatedSquareFootage: 6875
  • EffectiveYearBuiltSource: Public Records
  • Special Features: VirtualTour

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: City, Lake
  • Lot Features: Corner Lot, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: See Remarks
  • Property Condition: Good

Garage/Parking

  • Carport Y N: No
  • Open Parking: Yes
  • Total Parking Spaces: 6

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiator
  • Heating Yn: Yes
  • PowerCompany: SCL
  • SewerCompany: SPU
  • WaterCompany: SPU

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 1731800590
  • Lot Size Acres: 0.3163
  • Lot Size: 13780
  • Lot Size Sq Ft: 13780
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Gas Available,High Speed Internet,Patio
  • MLSLotSizeSource: County
  • ZoningJurisdiction: County
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • GrossRentMultiplier: 16.6
  • LeasedItems: Washer/Dryer
  • TotalMonthlyIncome: 16190

Tax Info

  • Year: 2024
  • Tax Annual Amount: 26729

Multi Family

  • Number Of Units Total: 6
  • EnergySource: Electric,Natural Gas
  • UnitsBelowGrade: false

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2024
Closed on
Sep 6, 2024
Sold by
Bought by
Seller's Agent
Dea Sumantri
Lee & Associates Commercial RE
Buyer's Agent
Sol Simmers
Windermere Real Estate Central
List Price
$3,095,000
Sold Price
$3,210,000
Premium/Discount to List
$115,000
3.72%
Views
33

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,210,000
Outstanding Balance
$1,484,306
Interest Rate
6.73%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 1, 2005
Sold by
Bought by

Purchase Details

Closed on
Jun 27, 1986
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$3,210,000 Fidelity National Title
$919,000 First American
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $2,210,000
Previous Owner $484,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/11/2024 09/11/24 Sold $3,210,000 +3.7% $467 / Sq Ft
08/13/2024 08/13/24 Pending -- -- --
07/23/2024 07/23/24 For Sale $3,095,000 -- $450 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $33,831 $3,200,000 $2,756,000 $444,000
2024 $27,464 $2,777,000 $2,756,000 $21,000
2023 $26,729 $2,757,000 $2,756,000 $1,000
2022 $40,516 $2,757,000 $2,756,000 $1,000
2021 $42,534 $4,410,600 $4,409,600 $1,000
2020 $31,592 $4,410,600 $4,409,600 $1,000
2018 $24,464 $2,817,700 $2,816,700 $1,000
2017 $20,188 $2,434,000 $1,911,000 $523,000
2016 $18,241 $2,066,000 $1,911,000 $155,000
2015 -- $1,819,000 $1,529,000 $290,000
2014 -- $1,705,000 $1,443,000 $262,000
2013 -- $1,600,000 $1,368,000 $232,000
Source: Public Records

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2268940

Northwest Multiple Listing Service (NWMLS)
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