NOT LISTED FOR SALE

2633 & 2637 58th Ave SW Seattle, WA 98116

Alki Neighborhood

Estimated Value: $849,000 - $996,000

4 Beds
2 Baths
1,590 Sq Ft
$596/Sq Ft Est. Value

Last Sold May 05, 2023

Last sale price $1,400,000 $881 Per Sq Ft

Est. 32% decrease in value since last sale

Current estimated payment $5,840/month

5 Days on Market

Highlights

  • Views of a Sound
  • Deck
  • No HOA
  • Alki Elementary School Rated A-
  • Softwood Flooring
  • 2-minute walk to Alki Playground and Whale Tale Park

About This Home

As of May 2023

Two (2) PROPERTY RENTALS at ALKI BEACH!! You know what they say: It's all about LOCATION, LOCATION, LOCATION! This is a Once-in-a-Lifetime Opportunity to purchase TWO (2) Homes on adjoining lots! Zoning = LR1(M) which offers the possibility to tear-down & build 10+ Units! Looking to add homes to your Rental Portfolio instead? Here they are! You'll find Two 2-Bdrm Updated, Move-In & Tenant-Ready Homes which are located less than a block from Alki Beach! Owned by one family for over 50 years; these homes have been cash-flowing rental properties for decades. This is Hands Down one of the BEST LOCATIONS in SEATTLE! Don't Wait!

Last Agent to Sell the Property

Charles Wilcox

Wilcox Real Estate License #26342 Listed on: 11/03/2022

Co-Listed By

Janette Wilcox

Wilcox Real Estate License #8432

Last Buyer's Agent

Amin Shariat

Summit Properties NW LLC License #113743

Summit Properties NW LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2012828

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,848

Year Built

  • Built in 1925

Lot Details

  • 7,184 Sq Ft Lot
  • Property is Fully Fenced
  • Level Lot
  • Zoning described as LR1(M) See Sups

Parking

  • 3 Car Detached Garage
  • Off-Street Parking

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 1,590 Sq Ft Home
  • 1-Story Property
  • Views of a Sound

Flooring

  • Softwood
  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Outbuilding

Utilities

  • Cable TV Available

Community Details

  • No Home Owners Association
  • Alki Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7622200040

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,848

Year Built

Built in 1925

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 10 - 1 Story
  • Year Built: 1925
  • Inclusions: SeeRemarks
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1590
  • SeniorExemption: false
  • Special Features: VirtualTour
  • Cumulative Days on Market: 758

Interior Features

  • Basement: None
  • Appliances: See Remarks
  • Full Bathrooms: 2
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Entry Location: Main
  • Fireplace: No
  • Flooring: Softwood, Hardwood, Laminate, Carpet
  • Interior Amenities: Forced Air, Fir/Softwood, Hardwood, Laminate, Wall to Wall Carpet
  • Living Area: 1590
  • Main Level Bedrooms: 4
  • Bathrooms: 2
  • BathsFullMain: 2
  • SquareFootageFinished: 1590
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BedroomsLower: 0
  • AppliancesIncluded: See Remarks

Exterior Features

  • Roof: Composition
  • View: Sound
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement/Concrete, Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Structure Type: House

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Detached Garage, Off Street
  • Total Parking Spaces: 3

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • PowerCompany: Seattle City Light/PSE
  • SewerCompany: Seattle Public Utilities
  • WaterCompany: Seattle Public Utilities

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Seattle
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 7622200040
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.1649
  • Lot Size: 80x90 and 40x80
  • Lot Size Sq Ft: 7184
  • Zoning Description: LR1(M) See Sups
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Fully,Gas Available,Outbuildings
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • ShortTermRentalYN: true

Tax Info

  • Year: 2022
  • Tax Annual Amount: 16848
  • AdditionalTaxIds: 7622200045

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2022
Closed on
Apr 20, 2023
Sold by
Meyers Family Limited Partnership
Bought by
D & C Homes Llc
Seller's Agent
Charles Wilcox
Wilcox Real Estate
Buyer's Agent
Amin Shariat
Summit Properties NW LLC
List Price
$2,150,000
Sold Price
$1,400,000
Premium/Discount to List
-$750,000
-34.88%
Total Days on Market
5
Views
1
Current Estimated Value
$948,369

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$451,631
Avg. Annual Appreciation
-17.15%
Original Mortgage
$100,000
Outstanding Balance
$97,759
Interest Rate
6.42%
Estimated Equity
$850,610
Source: Public Records

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Range of Values:

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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
D & C Homes Llc $1,400,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open D & C Homes Llc $100,000
Open D & C Homes Llc $1,580,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2023 05/05/23 Sold $1,400,000 -6.7% $881 / Sq Ft
11/09/2022 11/09/22 Price Changed $1,500,000 -30.2% $943 / Sq Ft
11/08/2022 11/08/22 Pending -- -- --
11/03/2022 11/03/22 For Sale $2,150,000 -- $1,352 / 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 $6,387 $667,000 $284,000 $383,000
2023 $1,959 $156,400 $155,400 $1,000
2022 $5,825 $656,000 $646,000 $10,000
2021 $5,500 $605,000 $595,000 $10,000
2020 $5,397 $541,000 $412,000 $129,000
2018 $4,892 $532,000 $412,000 $120,000
2017 $4,244 $473,000 $374,000 $99,000
2016 $4,065 $423,000 $357,000 $66,000
2015 $3,582 $397,000 $336,000 $61,000
2014 -- $357,000 $276,000 $81,000
2013 -- $307,000 $240,000 $67,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2012828

Northwest Multiple Listing Service (NWMLS)

APN: 762220-0040