NOT LISTED FOR SALE

2514 Dexter Ave N Seattle, WA 98109

East Queen Anne Neighborhood
4 Beds
6 Baths
4,632 Sq Ft
9,000 Sq Ft Lot

Last Sold August 01, 2016

Last sale price $1,300,000 $281 Per Sq Ft

53 Days on Market

Highlights

  • 0.21 Acre Lot
  • Wood Siding
  • 3-minute walk to Thomas C. Wales Park
  • John Hay Elementary School Rated A

About This Home

As of August 2016

Property currently has a 4,632 SF 5 unit apartment building built in 1948 on site. Rents are significantly under market values. Outstanding location with the potential to rehab currently structure or redevelop as townhouses. 9,000 SF LR3 zoned lot on the lakeside of Dexter Ave N with sweeping views from Fremont to Capitol Hill. Preliminary estimates indicates the site can accommodate approximately 5 to 7 townhomes depending on size (buyer to verify).

Last Agent to Sell the Property

Chad Martini

Westlake Associates, Inc. License #118627 Listed on: 01/13/2016

Co-Listed By

David Petersen

Westlake Associates, Inc. License #7352

Last Buyer's Agent

Chad Martini

Westlake Associates, Inc. License #118627 Listed on: 01/13/2016

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 884041

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,415

Year Built

  • Built in 1948

Lot Details

  • 9,000 Sq Ft Lot

Home Design

  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 4,632 Sq Ft Home
  • 2-Story Property

Parking

  • 3 Parking Spaces
  • Open Parking

Community Details

  • Lake Union Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1929300700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,415

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1948
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 4632
  • Special Features: None
  • Cumulative Days on Market: 413

Interior Features

  • Possible Use: Multi-Family, Residential
  • Fireplace: No
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Structure Type: Multi Family

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: No
  • Open Parking Spaces: 1
  • Open Parking: Yes
  • Total Parking Spaces: 3
  • ParkingUncoveredSpaces: 1

Utilities

  • Sewer: Sewer Connected
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 10000

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 1929300700
  • Lot Size Acres: 0.2066
  • Lot Size Sq Ft: 9000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: County
  • ZoningClass: Multi-Family,Residential

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 23
  • LeasedItems: None
  • TotalMonthlyIncome: 5500

Multi Family

  • Gross Scheduled Income: 66000
  • Net Operating Income: 34175
  • Number Of Units Total: 5
  • Insurance Expense: 1931
  • Leasable Area: 4632
  • UnitsInBuildingTotal: 5
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2015
  • Tax Annual Amount: 10415

Range of Values:

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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
08/01/2016 08/01/16 Sold $1,300,000 -13.3% $281 / Sq Ft
03/07/2016 03/07/16 Pending -- -- --
01/13/2016 01/13/16 For Sale $1,500,000 -- $324 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Chad Martini

    Seller's Agent in 2016

    Chad Martini

    Westlake Associates, Inc.

    (206) 321-3226

    25 Total Sales

    Chad Martini
    Section Image
  • David Petersen

    Seller Co-Listing Agent in 2016

    David Petersen

    Westlake Associates, Inc.

    (206) 300-8909

    26 Total Sales

    David Petersen
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 884041

Northwest Multiple Listing Service (NWMLS)

Washington King County Seattle 98109 East Queen Anne

2514 Dexter Ave N, Seattle, WA

This home is located at 2514 Dexter Ave N, Seattle, WA 98109 since 13 January 2016. This property was built in 1948. 2514 Dexter Ave N 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) 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. ©2025 NWMLS.

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