Listed by RE/MAX Metro Realty, Inc., Bought with Westlake Associates, Inc.
NOT LISTED FOR SALE

261 E Boston St Seattle, WA 98102

Eastlake Neighborhood

Estimated Value: $1,423,000 - $2,002,349

Studio
4 Baths
2,400 Sq Ft
$688/Sq Ft Est. Value

Last Sold November 20, 2014

Last sale price $950,000 $396 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $9,393/month

4 Days on Market

Highlights

  • Territorial View
  • Wood Flooring
  • 5-minute walk to I-5 Bike Park
  • Montlake Elementary School Rated A
  • Wood Siding

About This Home

As of November 2014

Fully rented 4-Plex in prime Eastlake location. Originally built in 1908, the entire building has recently been renovated making the effective year built 2014. All units have a dishwasher and their own washer/dryer. Great opportunity to own an updated, low-maintenance property with excellent income.

Last Agent to Sell the Property

Ron Rubin

RE/MAX Metro Realty, Inc. License #36433 Listed on: 10/02/2014

RE/MAX Metro Realty, Inc.

Last Buyer's Agent

Travis Kannier

Westlake Associates, Inc. License #79950

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 701704

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,400

Year Built

  • Built in 1908

Lot Details

  • 2,010 Sq Ft Lot

Home Design

  • Quadruplex
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 2,400 Sq Ft Home
  • 3-Story Property
  • Territorial Views

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Community Details

  • Green's Addition Condos
  • Eastlake Subdivision

Listing and Financial Details

  • Legal Lot and Block 9 / 1
  • Assessor Parcel Number 2902200043

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,400

Year Built

Built in 1908

Lot Details

2,010 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1908
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Green's Addition
  • New Construction: No
  • CalculatedSquareFootage: 2400
  • EffectiveYearBuiltSource: See Remarks
  • Special Features: VirtualTour

Interior Features

  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Laminate, Vinyl, Carpet
  • Interior Amenities: Ceramic Tile, Hardwood, Wall to Wall Carpet, Laminate Tile
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Open Parking: No

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 2902200043
  • Lot Size Acres: 0.0461
  • Lot Size Sq Ft: 2010
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • LotNumber: 9

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13
  • LeasedItems: None
  • TotalMonthlyIncome: 6420

Tax Info

  • Year: 2014
  • Tax Annual Amount: 4400

Multi Family

  • Number Of Units Total: 4
  • UnitsBelowGrade: false

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2014
Closed on
Nov 3, 2014
Sold by
Peregrine Capital Partners Llc
Bought by
Dong Lynn F and Dong Martin P
Seller's Agent
Ron Rubin
RE/MAX Metro Realty, Inc.
Buyer's Agent
Travis Kannier
Westlake Associates, Inc.
List Price
$969,999
Sold Price
$950,000
Premium/Discount to List
-$19,999
-2.06%
Current Estimated Value
$1,660,112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$710,112
Avg. Annual Appreciation
5.04%
Original Mortgage
$712,500
Outstanding Balance
$547,806
Interest Rate
4.1%
Estimated Equity
$1,103,977
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dong Lynn F $950,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dong Lynn F $712,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2014 11/20/14 Sold $950,000 -2.1% $396 / Sq Ft
10/07/2014 10/07/14 Pending -- -- --
10/02/2014 10/02/14 For Sale $969,999 -- $404 / 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 $10,189 $1,066,000 $542,700 $523,300
2023 $11,500 $1,231,000 $542,700 $688,300
2022 $12,272 $1,155,000 $482,400 $672,600
2021 $13,621 $1,354,000 $482,400 $871,600
2020 $13,697 $1,431,000 $522,600 $908,400
2018 $11,713 $1,293,000 $402,000 $891,000
2017 $9,827 $1,200,000 $281,400 $918,600
2016 $8,159 $1,039,000 $156,700 $882,300
2015 $6,731 $839,000 $156,700 $682,300
2014 -- $706,000 $156,700 $549,300
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2014

    Ron Rubin

    RE/MAX

    (206) 973-3020

    6 in this area

    242 Total Sales

    Ron Rubin
    Section Image
  • Travis Kannier

    Buyer's Agent in 2014

    Travis Kannier

    Westlake Associates, Inc.

    (206) 505-9416

    10 Total Sales

    Travis Kannier
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 701704

Northwest Multiple Listing Service (NWMLS)

APN: 290220-0043

Washington King County Seattle 98102 Eastlake

261 E Boston St, Seattle, WA

Not Listed for Sale

MultiFamily

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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. ©2026 NWMLS.
Based on information submitted to the MLS GRID

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