NOT LISTED FOR SALE

23 Valley St Seattle, WA 98109

Lower Queen Anne Neighborhood
-- Bed
-- Bath
8,430 Sq Ft
7,670 Sq Ft Lot

Last Sold February 23, 2021

Last sale price $4,300,000 $510 Per Sq Ft

64 Days on Market

Highlights

  • City View
  • Wood Flooring
  • Thermal Windows
  • John Hay Elementary School Rated A
  • Corner Lot
  • 1-minute walk to Counterbalance Park

About This Home

As of February 2021

Vali Loa consists of 13 units on the South Slope of Queen Anne. The unit mix consists of 1 & 2bedroom units. This three-story asset sits on a sizable 7,670 square foot, LR3 (M) site 1 block off Queen Anne Ave & Roy Street. Initial feasibility indicates the ability to add a unit (buyer to verify). First time to market in over 22 yrs, this asset appeals to multiple investment strategies, offering rental upside from capturing loss to lease, value-add scenarios, add'l unit & covered land play.

Last Agent to Sell the Property

Daniel Lim

Lee & Associates Commercial RE License #131121 Listed on: 11/12/2020

Lee & Associates Commercial RE

Co-Listed By

Candice Chevaillier, CCIM

Lee & Associates Commercial RE License #18886

Lee & Associates Commercial RE

Last Buyer's Agent

Candice Chevaillier, CCIM

Lee & Associates Commercial RE License #18886

Lee & Associates Commercial RE

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1687771

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $37,207

Year Built

  • Built in 1955

Lot Details

  • 7,670 Sq Ft Lot
  • Corner Lot
  • Property is in good condition

Property Views

  • City
  • Territorial

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 8,430 Sq Ft Home
  • 3-Story Property
  • Thermal Windows

Flooring

  • Wood
  • Wall to Wall Carpet

Parking

  • 9 Parking Spaces
  • Open Parking

Community Details

  • Queen Anne Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5457300020

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$37,207

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1955
  • Buyer Agency Compensation: 1
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 8430
  • Special Features: VirtualTour
  • Cumulative Days on Market: 429

Interior Features

  • Fireplace: No
  • Flooring: Hardwood, Carpet
  • Interior Amenities: Hardwood, Wall to Wall Carpet
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry,Storage,Thermal Windows

Exterior Features

  • Roof: Flat
  • View: City, Territorial
  • Lot Features: Corner Lot, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Brick
  • Property Condition: Good
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 9
  • Open Parking: Yes
  • Total Parking Spaces: 9
  • ParkingUncoveredSpaces: 9

Utilities

  • Sewer: Sewer Connected
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 14300

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 5457300020
  • Lot Size Acres: 0.1761
  • Lot Size Sq Ft: 7670
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: county

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 18
  • LeasedItems: None
  • TotalMonthlyIncome: 18485

Multi Family

  • Gross Scheduled Income: 233496
  • Net Operating Income: 148513
  • Number Of Units Total: 2
  • Insurance Expense: 4550
  • Leasable Area: 8431
  • UnitsInBuildingTotal: 13
  • UnitsBelowGrade: true
  • VacancyRate: 5

Tax Info

  • Year: 2020
  • Tax Annual Amount: 37207

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

Property History

Date Event Price Change Sq Ft Price
02/23/2021 02/23/21 Sold $4,300,000 0.0% $510 / Sq Ft
01/15/2021 01/15/21 Pending -- -- --
11/12/2020 11/12/20 For Sale $4,300,000 -- $510 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Daniel Lim

    Seller's Agent in 2021

    Daniel Lim

    Lee & Associates Commercial RE

    (206) 928-2311

    4 in this area

    30 Total Sales

    Daniel Lim
    Section Image
  • Candice Chevaillier, CCIM

    Seller Co-Listing Agent in 2021

    Candice Chevaillier, CCIM

    Lee & Associates Commercial RE

    (360) 614-2826

    5 in this area

    22 Total Sales

    Candice Chevaillier, CCIM
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1687771

Northwest Multiple Listing Service (NWMLS)
Washington King County Seattle 98109 Lower Queen Anne

23 Valley St, Seattle, WA

This home is located at 23 Valley St, Seattle, WA 98109 since 12 November 2020. This property was built in 1955. 23 Valley St is a home located in King County with nearby schools including John Hay Elementary School, Mcclure Middle School, and Lincoln High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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