NOT LISTED FOR SALE

2344 W Newton St Seattle, WA 98199

Southeast Magnolia Neighborhood

Estimated Value: $1,611,000 - $1,703,000

5 Beds
3 Baths
3,280 Sq Ft
$501/Sq Ft Est. Value

Last Sold May 01, 2018

Last sale price $1,250,000 $381 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $10,074/month

11 Days on Market

Highlights

  • Views of a Sound
  • Deck
  • Slate Flooring
  • Mcclure Middle School Rated A-
  • Patio
  • 4-minute walk to Thorndyke Park

About This Home

As of May 2018

Mid-Century Magnolia Tri-Plex for owner occupant or investor. Top unit w/Space Needle, Sound and Mt Rainier view deck, 2 bd/1 ba 1330 sq. ft. of spaciousness with wood burning fireplace. Mid unit has porch w/peekaboo water view, 2 bd./1ba. 1330 sq. ft. with wood burning fireplace. Bottom unit has/direct access to communal backyard patio, 620 sq ft. 1 bd./1ba. Quick access to Queen Anne, Ballard, Fremont, D.T. 4 car parking, min vac, upside rental income Separate electric meters,Zoned Lowrise 2.

Last Agent to Sell the Property

Pat Phillips

Coldwell Banker Danforth License #12903 Listed on: 03/15/2018

Coldwell Banker Danforth

Last Buyer's Agent

Pat Phillips

Coldwell Banker Danforth License #12903 Listed on: 03/15/2018

Coldwell Banker Danforth

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1258277

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,065

Year Built

  • Built in 1963

Lot Details

  • 4,000 Sq Ft Lot
  • Partially Fenced Property
  • Property is in average condition

Property Views

  • Views of a Sound
  • Mountain
  • Territorial

Home Design

  • Triplex
  • Brick Exterior Construction
  • Poured Concrete
  • Bitumen Roof
  • Wood Siding
  • Vinyl Construction Material

Interior Spaces

  • 3,280 Sq Ft Home
  • 3-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Slate Flooring
  • Vinyl

Parking

  • 4 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Schools

  • Catharine Blaine K-8 Elementary School
  • Mc Clure Mid Middle School
  • Ballard High School

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Gilmans Add Condos
  • Magnolia Subdivision

Listing and Financial Details

  • Legal Lot and Block 32 / 191
  • Assessor Parcel Number 2771604305

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,065

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1963
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Gilmans Add
  • New Construction: No
  • CalculatedSquareFootage: 3280
  • Special Features: None
  • Cumulative Days on Market: 326

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Laminate, Slate, Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet, Laminate Tile
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Storage

Exterior Features

  • Roof: Torch Down
  • View: Mountain(s), Sound, Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Brick, Metal/Vinyl, Wood
  • Foundation Details: Poured Concrete, See Remarks
  • Property Condition: Average
  • Structure Type: Triplex

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: No
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • PowerCompany: Seattle City Light
  • SewerCompany: Seattle Public Utilities
  • WaterCompany: Seattle Public Utilities
  • WaterSewerGarbage: 3600

Schools

  • Junior High Dist: Seattle
  • High School: Ballard High
  • Middle Or Junior School: Mc Clure Mid

Lot Info

  • Parcel Number: 2771604305
  • Lot Size Acres: 0.0918
  • Lot Size Sq Ft: 4000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,High Speed Internet,Patio
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family
  • LotNumber: 32

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 23
  • LeasedItems: None
  • TotalMonthlyIncome: 4350

Multi Family

  • Gross Scheduled Income: 52200
  • Net Operating Income: 34057
  • Number Of Units Total: 3
  • Insurance Expense: 1911
  • Leasable Area: 3280
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2018
  • Tax Annual Amount: 9065

MLS Schools

  • Elementary School: Catharine Blaine K-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2018
Closed on
Jun 19, 2018
Sold by
Akhbari Simin
Bought by
Akhbari Simin and Simin Akhbari Revocable Trust
Seller's Agent
Pat Phillips
Coldwell Banker Danforth
Buyer's Agent
Pat Phillips
Coldwell Banker Danforth
List Price
$1,250,000
Sold Price
$1,250,000
Current Estimated Value
$1,641,951

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$391,951
Avg. Annual Appreciation
2.87%

Purchase Details

Listed on
Mar 15, 2018
Closed on
Apr 30, 2018
Sold by
Cooke Kenneth M and Akhbari Simm
Bought by
Akhbari Simm
Seller's Agent
Pat Phillips
Coldwell Banker Danforth
Buyer's Agent
Pat Phillips
Coldwell Banker Danforth
List Price
$1,250,000
Sold Price
$1,250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 15, 2018
Closed on
Apr 19, 2018
Sold by
Lubin Wayne Edward and Lubin April Ann
Bought by
Akhbari Simin
Seller's Agent
Pat Phillips
Coldwell Banker Danforth
Buyer's Agent
Pat Phillips
Coldwell Banker Danforth
List Price
$1,250,000
Sold Price
$1,250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 1990
Sold by
Lubin Edward R and Lubin Leona E
Bought by
Lubin Wayne Edward
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Akhbari Simin -- None Available
Akhbari Simm -- Rainier Title
Akhbari Simin $1,250,000 Rainier Title
Lubin Wayne Edward -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Akhbari Simm $498,000
Closed Akhbari Simin $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2018 05/01/18 Sold $1,250,000 0.0% $381 / Sq Ft
03/27/2018 03/27/18 Pending -- -- --
03/15/2018 03/15/18 For Sale $1,250,000 -- $381 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

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 $12,058 $1,249,000 $1,162,000 $87,000
2023 $11,546 $1,251,000 $639,000 $612,000
2022 $11,064 $1,361,000 $600,000 $761,000
2021 $10,559 $1,200,000 $503,000 $697,000
2020 $10,948 $1,087,000 $460,000 $627,000
2018 $9,065 $1,102,000 $462,000 $640,000
2017 $7,999 $911,000 $285,000 $626,000
2016 $7,400 $830,000 $260,000 $570,000
2015 $6,221 $749,000 $237,000 $512,000
2014 -- $642,000 $203,000 $439,000
2013 -- $583,000 $196,000 $387,000
Source: Public Records

Agents Affiliated with this Home

  • Pat Phillips

    Seller's Agent in 2018

    Pat Phillips

    Coldwell Banker Danforth

    (206) 660-1168

    18 Total Sales

    Pat Phillips
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1258277

Northwest Multiple Listing Service (NWMLS)

APN: 277160-4305

Washington King County Seattle 98199 Southeast Magnolia

2344 W Newton St, Seattle, WA

This home is located at 2344 W Newton St, Seattle, WA 98199 since 15 March 2018 and is currently estimated at $1,641,951, approximately $500 per square foot. This property was built in 1963. 2344 W Newton St is a home located in King County with nearby schools including Mcclure Middle School, Ballard High School, and Our Lady of Fatima 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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