NOT LISTED FOR SALE
-- Bed
-- Bath
6,730 Sq Ft
6,600 Sq Ft Lot Lot

Sale Details

Date Sold: July 24, 2018

Last sale price $2,980,000 $443 Per Sq Ft

12 Days on Market

Highlights

  • 0.15 Acre Lot
  • Wood Siding
  • 4-minute walk to Rogers Playground
  • Montlake Elementary School Rated A

About This Home

As of July 2018

The Lorraine Apartments are located in highly sought-after Eastlake neighborhood. Just minutes north of South Lake Union, the location offers quick access to Amazon headquarters and the fast-growing number of tech companies in the surrounding area. Sitting on a large 6,600sf LR3 lot with expansion potential, the property consists of an 8-unit apartment building plus a separate house and garage, offering a mix of one, two, and three-bedroom units.

Co-Listed By

Eric Smith

Paragon Real Estate Advisors License #3434

Last Buyer's Agent

Lin Shen

Sea to Sky Realty License #26193

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1301675

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,748

Year Built

  • Built in 1901

Lot Details

  • 6,600 Sq Ft Lot

Parking

  • Open Parking

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 6,730 Sq Ft Home
  • 3-Story Property

Community Details

  • Eastlake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 290220

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,748

Year Built

Built in 1901

Lot Details

6,600 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1901
  • Buyer Agency Compensation: 1.875
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 6730
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking: Yes
  • Total Parking Spaces: 2

Utilities

  • Sewer: Available
  • Heating Yn: Yes
  • Utilities: Electric

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 290220
  • Lot Size Acres: 0.1515
  • Lot Size Sq Ft: 6600
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: county
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 19
  • LeasedItems: None
  • TotalMonthlyIncome: 12635

Tax Info

  • Year: 2018
  • Tax Annual Amount: 22748

Multi Family

  • Number Of Units Total: 9
  • UnitsBelowGrade: false
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
07/24/2018 07/24/18 Sold $2,980,000 +1.0% $443 / Sq Ft
06/11/2018 06/11/18 Pending -- -- --
05/30/2018 05/30/18 For Sale $2,950,000 -- $438 / 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 $27,440 $2,639,000 $1,815,000 $824,000
2024 $23,580 $2,431,000 $1,947,000 $484,000
2023 $26,757 $3,080,000 $1,947,000 $1,133,000
2022 $27,561 $3,165,000 $1,650,000 $1,515,000
2021 $28,748 $3,008,000 $1,650,000 $1,358,000
2020 $29,031 $2,987,000 $1,881,000 $1,106,000
2018 $22,748 $2,547,000 $1,419,000 $1,128,000
2017 $20,027 $2,300,000 $1,254,000 $1,046,000
2016 $16,064 $2,091,000 $726,000 $1,365,000
2015 -- $1,643,000 $726,000 $917,000
2014 -- $1,450,000 $726,000 $724,000
2013 -- $1,490,000 $726,000 $764,000
Source: Public Records

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1301675

Northwest Multiple Listing Service (NWMLS)
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