Listed by Paragon Real Estate Advisors, Bought with First Exclusive, Inc.
NOT LISTED FOR SALE

2616 2620 NW 56th St Seattle, WA 98107

Ballard Neighborhood
-- Bed
-- Bath
10,992 Sq Ft
9,200 Sq Ft Lot

Last Sold May 15, 2015

Last sale price $4,800,000 $437 Per Sq Ft

12 Days on Market

Highlights

  • Wood Siding
  • Adams Elementary School Rated A
  • 4-minute walk to Thyme Patch Park

About This Home

As of May 2015

Built in 1990, the subject property is 2 structures, 3 stories each with covered parking below. All units enjoy private decks, some offering views of the Ballard Locks and include their own washers and dryers. The wood-framed buildings features updated kitchens including stainless steel appliances and granite countertops with undermount sinks. The Bay Vista Apartments offer spacious floor plans boasting the feel of a private condominium.

Last Agent to Sell the Property

Brian Platt

Paragon Real Estate Advisors License #85375 Listed on: 03/11/2015

Last Buyer's Agent

Ian Bell

First Exclusive, Inc. License #18369

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 754773

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,600

Year Built

  • Built in 1990

Lot Details

  • 9,200 Sq Ft Lot

Parking

  • 12 Parking Spaces

Home Design

  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 10,992 Sq Ft Home
  • 3-Story Property

Community Details

  • Ballard Subdivision

Listing and Financial Details

  • Assessor Parcel Number 8673400110

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,600

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1990
  • Buyer Agency Compensation: 2
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 10992
  • Special Features: None
  • Cumulative Days on Market: 374

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Stories: 3
  • 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: 12
  • Carport Y N: No
  • Open Parking: No
  • Total Parking Spaces: 12
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 11730

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 8673400110
  • Lot Size Acres: 0.2112
  • Lot Size Sq Ft: 9200
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: county
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13
  • LeasedItems: None
  • TotalMonthlyIncome: 23535

Multi Family

  • Gross Scheduled Income: 282420
  • Net Operating Income: 210521
  • Number Of Units Total: 12
  • Insurance Expense: 3300
  • Leasable Area: 10992
  • UnitsInBuildingTotal: 12
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2014
  • Tax Annual Amount: 21600

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
05/15/2015 05/15/15 Sold $4,800,000 +23.1% $437 / Sq Ft
03/24/2015 03/24/15 Pending -- -- --
03/11/2015 03/11/15 For Sale $3,900,000 -- $355 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Brian Platt

    Seller's Agent in 2015

    Brian Platt

    Paragon Real Estate Advisors

    (206) 812-9130

    2 in this area

    56 Total Sales

    Brian Platt
    Section Image
  • Ian Bell

    Buyer's Agent in 2015

    Ian Bell

    First Exclusive, Inc.

    (206) 579-9884

    4 in this area

    50 Total Sales

    Ian Bell
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 754773

Northwest Multiple Listing Service (NWMLS)
Washington King County Seattle 98107 Ballard

2616 2620 NW 56th St, Seattle, WA

This home is located at 2616 2620 NW 56th St, Seattle, WA 98107 since 11 March 2015. This property was built in 1990. 2616 2620 NW 56th St is a home located in King County with nearby schools including Adams Elementary School, Whitman Middle School, and Ballard 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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