Great Investment Opportunity Zoned L2 within designated Madison-Miller Residential Urban Village (allows for higher density development.) Buyers check w/ city plng dept for details. All units have sep. entrances, elec. meters; & wtr htrs. Top unit w/deck has wonderful view. Common coin-op laundry. 2 units month-to-month, 3rd unit lease up Nov, 2015. Current rents under market value. Parking for 5 vehicles or use to expand devmnt. Poss seller financing. See add'l agent remarks in supplements.
Last Agent to Sell the Property
Better Properties Solutions License #50480 Listed on: 10/08/2015
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 853565
$1,200,000
Charbern Inn is a well-maintained 10-unit rooming house with historic charm and rental upside. It also offers covered land play potential on a 5,000 SF lot, adding to its long-term investment appeal. Meticulously preserved, the property retains its classic character. With strategic management, it can be stabilized at an 8% cap rate, making it a rare opportunity to invest in both charm and strong
Max Frame Kidder Mathews
$995,000
Nestled among the cedars, this classic, very private 1923 home in Seattle’s beautiful North Montlake neighborhood has been significantly upgraded, and also offers a separate 3 BR mother-in-law apartment on lower level with its own entrance and brand new kitchen and bath. Only 5 blocks from UW and light rail station, the property is also just two blocks from three different waterfront parks
Jeffrey McDonald Realogics Sotheby's Int'l Rlty
$1,190,000
Unique Triplex with high income potential through Airbnb and long-term furnished rentals. Live in one unit and let the other units generate income. Features include a newer roof, updated flooring, and fresh paint. Unit A boasts a spacious layout with 5 bedrooms, 2 bathrooms, a kitchen, and laundry, plus a noise-buffered floor. Units B & C each have 1 bedroom, a kitchen, and a bathroom; Unit C is
Qi Wang Keller Williams Rlty Bellevue
$1,199,000
Amazing opportunity to own an investment Trip Plex in Meadowbrook/Seattle. First time on Market in decades. Each home has its own garage plus surface parking. Individual water and electrical meters make this a potential conversion opportunity. ( Buyers to Verify) Long term established tenancies in place and building inspection available upon request. Walk to Nathan Hale, Meadowbrook community
Jeffrey McDonald Realogics Sotheby's Int'l Rlty
$999,000
Fully Occupied Investment Opportunity! This well-maintained property offers excellent cash flow w/ 100% occupancy & no long-term vacancies. Two units were updated/remodeled in 2022. Major improvements include a TPO roof installed in 2019, updated electrical panels & modernized plumbing. Each unit is equipped w/ ductless heating and cooling systems. Features include 2 covered parking spaces, 5
Lia Huang Globenex Realty
$1,100,000
8 unit loft style apartments. Great location in upzoned area of North Burien. New circuit breakers just installed in all 8 units. Corner lot with many possibilities. Sellers are participating in an IRS 1031 Tax Exchange and reserves the right to extend closing up to 30 days. A large portion of the city has been rezoned to new zoning districts that went into effect on the 1st of this year. This
John Hama Home Realty
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,415,000 | Fidelity National Title | |
| Quit Claim Deed | -- | Fidelity National Title | |
| Quit Claim Deed | -- | Accommodation | |
| Quit Claim Deed | $111,424 | Accommodation | |
| Warranty Deed | $985,000 | First American | |
| Warranty Deed | -- | -- |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $849,000 | New Conventional | |
| Previous Owner | $1,000,000 | Unknown | |
| Previous Owner | $690,000 | Seller Take Back |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/29/2023 12/29/23 | Sold | $1,415,000 | -8.7% | $413 / Sq Ft |
| 11/21/2023 11/21/23 | Pending | -- | -- | -- |
| 11/17/2023 11/17/23 | Price Changed | $1,549,000 | -6.1% | $452 / Sq Ft |
| 10/11/2023 10/11/23 | For Sale | $1,649,000 | +67.4% | $481 / Sq Ft |
| 11/30/2015 11/30/15 | Sold | $985,000 | +1.5% | $319 / Sq Ft |
| 10/21/2015 10/21/15 | Pending | -- | -- | -- |
| 10/08/2015 10/08/15 | For Sale | $970,000 | -- | $314 / Sq Ft |
| 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 | $15,145 | $1,595,000 | $590,000 | $1,005,000 |
| 2023 | $15,559 | $1,670,000 | $590,000 | $1,080,000 |
| 2022 | $14,369 | $1,761,000 | $509,000 | $1,252,000 |
| 2021 | $13,831 | $1,583,000 | $462,000 | $1,121,000 |
| 2020 | $11,685 | $1,446,000 | $418,000 | $1,028,000 |
| 2018 | $11,254 | $1,244,000 | $311,000 | $933,000 |
| 2017 | $6,605 | $1,146,000 | $266,000 | $880,000 |
| 2016 | $7,093 | $685,000 | $222,000 | $463,000 |
| 2015 | $5,944 | $705,000 | $342,000 | $363,000 |
| 2014 | -- | $601,000 | $285,000 | $316,000 |
| 2013 | -- | $575,000 | $295,000 | $280,000 |
Seller's Agent in 2023
James Dainard
Heaton Dainard, LLC
(206) 823-2145
3 in this area
571 Total Sales
J
Seller Co-Listing Agent in 2023
Jennifer Hafner
Heaton Dainard, LLC
(425) 301-6271
1 in this area
53 Total Sales
Seller's Agent in 2015
Nancy Tibeau
Better Properties Solutions
(253) 797-1449
11 Total Sales
Buyer's Agent in 2015
Monica Ulmer
Windermere Corporate
(206) 619-6173
58 Total Sales
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 853565
APN: 181380-0040
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