NOT LISTED FOR SALE
-- Bed
-- Bath
8,224 Sq Ft
10,450 Sq Ft Lot

Sale Details

Date Sold: July 10, 2023

Last sale price $2,525,000 $307 Per Sq Ft

95 Days on Market

Highlights

  • Lake View
  • 0.24 Acre Lot
  • Cul-De-Sac
  • Montlake Elementary School Rated A
  • No HOA
  • Property is in very good condition

About This Home

As of July 2023

Unique value-add and redevelopment opportunity packaged into one deal. Brentwood features 12 existing units combined with a 4 unit permitted and shovel-ready townhome development located two blocks from the lake in Eastlake. Opportunity to build the townhomes and sell them off individually, or rent them along with the existing 12-unit to increase total rental income to $500,000. Sale includes all plans and permits for the townhomes. See marketing flyer in supplements for more information.

Last Agent to Sell the Property

Winslow Lee

Kidder Mathews License #136708 Listed on: 10/25/2022

Last Buyer's Agent

Winslow Lee

Kidder Mathews License #136708 Listed on: 10/25/2022

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2011030

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $33,865

Year Built

  • Built in 1927

Lot Details

  • 10,450 Sq Ft Lot
  • Cul-De-Sac
  • Value in Land
  • Property is in very good condition

Parking

  • Open Parking

Property Views

  • Lake
  • City
  • Territorial

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 8,224 Sq Ft Home
  • 3-Story Property

Utilities

  • Radiator

Community Details

  • No Home Owners Association
  • Eastlake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1959702650

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$33,865

Year Built

Built in 1927

Lot Details

10,450 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1927
  • Buyer Agency Compensation: 2%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • Structure Type: Multi Family
  • CalculatedSquareFootage: 8224
  • EffectiveYearBuiltSource: Public Records
  • SOCComments: 2%
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Interior Amenities: Radiator
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: City, Lake, Territorial
  • Lot Features: Cul-De-Sac, Paved, Sidewalk, Value In Land
  • View: Yes
  • Waterfront: No
  • Exterior Features: Brick, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good

Garage/Parking

  • Carport Y N: No
  • Open Parking: Yes

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: SPU
  • WaterCompany: SPU

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Fee Information

  • Annual Fuel Expense: 8834

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 1959702650
  • Lot Size Acres: 0.2399
  • Lot Size: 10450
  • Lot Size Sq Ft: 10450
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: County Records
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 28
  • LeasedItems: None
  • TotalMonthlyIncome: 20560

Tax Info

  • Year: 2022
  • Tax Annual Amount: 33865
  • AdditionalTaxIds: 1959702650,1959702655

Multi Family

  • Number Of Units Total: 3
  • Electric Expense: 8834
  • EnergySource: Electric
  • UnitsBelowGrade: false

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2022
Closed on
Jul 10, 2023
Sold by
Bought by
Seller's Agent
Winslow Lee
Kidder Mathews
Buyer's Agent
Winslow Lee
Kidder Mathews
List Price
$4,000,000
Sold Price
$2,525,000
Premium/Discount to List
-$1,475,000
-36.88%
Views
13

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,893,750
Interest Rate
0.0657%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,865,000
Interest Rate
0.029%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 23, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$966,208
Interest Rate
0.0454%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 1, 1966
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,522,600 Chicago Title Company Of Washi
$3,405,000 First American Title
$1,261,408 Pacific Nw Tit
-- Pacific Nw Tit
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $1,893,750
Closed $2,250,000
Closed $2,865,000
Closed $1,800,000
Closed $1,487,500
Closed $966,208
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/10/2023 07/10/23 Sold $2,525,000 -32.7% $307 / Sq Ft
01/28/2023 01/28/23 Pending -- -- --
11/16/2022 11/16/22 Price Changed $3,750,000 -6.3% $456 / Sq Ft
10/25/2022 10/25/22 For Sale $4,000,000 -- $486 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $14,938 $1,430,000 $885,200 $544,800
2024 $12,281 $1,258,000 $949,600 $308,400
2023 $17,312 $1,839,000 $1,541,300 $297,700
2022 $17,290 $1,941,000 $1,306,200 $634,800
2021 $20,670 $1,851,000 $1,306,200 $544,800
2020 $21,333 $2,125,000 $1,489,100 $635,900
2018 $17,154 $1,973,000 $1,123,300 $849,700
2017 $14,962 $1,719,000 $992,700 $726,300
2016 $13,804 $1,547,000 $574,700 $972,300
2015 -- $1,392,000 $574,700 $817,300
2014 -- $1,000,000 $574,700 $425,300
2013 -- $1,112,000 $574,700 $537,300
Source: Public Records

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2011030

Northwest Multiple Listing Service (NWMLS)
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