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

Last 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

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

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

Parking

  • 2 Parking Spaces
  • Open Parking

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

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

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 $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

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1301675

Northwest Multiple Listing Service (NWMLS)
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