Listed by Lake & Company, Bought with Windermere RE/Capitol Hill,Inc
NOT LISTED FOR SALE

Estimated Value: $1,291,000 - $1,446,580

5 Beds
4 Baths
3,070 Sq Ft
$441/Sq Ft Est. Value

Sale Details

Date Sold: October 24, 2024

Last sale price $1,350,000 $440 Per Sq Ft

Current estimated payment $8,392 / mo

58 Days on Market

Highlights

  • Deck
  • Territorial View
  • No HOA
  • Coe Elementary School Rated A
  • Engineered Wood Flooring
  • Thermal Windows

About This Home

As of October 2024

Modern View Triplex (1972) located on Seattle’s lovely Queen Anne hill. 2 of 3 Units are vacant to Owner Occupy or set new rents. pro forma cap rate of 6.6%. Units live like own homes w/private access. Look out to a lush & verdant 7,200 SF park-like property. High-rent demand. Each unit has w/d, separate hot water heaters & electric meters. All have stainless kitchens & updated flooring. Level entry main floor is 2BD/2BA, 1,440 SF + a 440 SF garage & oversized driveway. Above grade lower units are 2BD/1BA, 815 SF w/private decks & patios & extra high ceilings & big windows. 5th Ave W is a quiet street & a well-established residential neighborhood. Invest w/proximity to Queen Anne Avenue, SLU, Fremont, Downtown & best of Seattle.

Last Agent to Sell the Property

Barbara Nelson

Lake & Company License #3260 Listed on: 07/11/2024

Lake & Company

Co-Listed By

Robert Macdonald

Lake & Company License #111406

Last Buyer's Agent

Erick Hazelton

Windermere RE/Capitol Hill,Inc License #71967

Windermere RE/Capitol Hill,Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2264041

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,060

Year Built

  • Built in 1972

Lot Details

  • 7,200 Sq Ft Lot
  • Property is in very good condition

Home Design

  • Triplex
  • Slab Foundation
  • Poured Concrete
  • Composition Roof
  • Bitumen Roof
  • Wood Siding

Interior Spaces

  • 3,070 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Territorial Views

Flooring

  • Engineered Wood
  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Schools

  • Mc Clure Mid Middle School

Utilities

  • Baseboard Heating
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Victory Addition Condos
  • Queen Anne Subdivision

Listing and Financial Details

  • Legal Lot and Block 29/30 / 2
  • Assessor Parcel Number 8900000360

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,060

Year Built

Built in 1972

Lot Details

7,200 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1972
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Victory Addition
  • New Construction: No
  • Structure Type: Triplex
  • CalculatedSquareFootage: 3070
  • EffectiveYearBuiltSource: See Remarks
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Engineered Hardwood, Laminate, Vinyl, Carpet
  • Interior Amenities: Laminate Hardwood, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: Thermal Windows

Exterior Features

  • Roof: Composition, Torch Down
  • View: Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete, Slab
  • Property Condition: Very Good

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • PowerCompany: City of Seattle
  • SewerCompany: City of Seattle
  • WaterCompany: City of Seattle

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Parcel Number: 8900000360
  • Lot Size Acres: 0.1653
  • Lot Size Sq Ft: 7200
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Patio
  • MLSLotSizeSource: KCR
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family
  • LotNumber: 29/30

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric, Wood

Rental Info

  • GrossRentMultiplier: 12.36
  • LeasedItems: None
  • TotalMonthlyIncome: 9100

Tax Info

  • Year: 2024
  • Tax Annual Amount: 14060

Multi Family

  • Number Of Units Total: 3
  • EnergySource: Electric,Wood
  • UnitsBelowGrade: true

MLS Schools

  • Elementary School: Buyer To Verify

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
Jul 11, 2024
Closed on
Oct 14, 2024
Sold by
Bought by
Seller's Agent
Barbara Nelson
Lake & Company
Buyer's Agent
Erick Hazelton
Windermere RE/Capitol Hill,Inc
List Price
$1,350,000
Sold Price
$1,350,000
Views
18
Current Estimated Value
$1,352,645

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,645
Avg. Annual Appreciation
0.11%

Purchase Details

Closed on
Jul 7, 2004
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
$579,000
Interest Rate
0.0627%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 4, 2002
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
$371,250
Interest Rate
0.0587%
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
$1,350,000 Old Republic Title
$725,000 Stewart Title
$495,000 Old Republic Title Ltd
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
Previous Owner $555,500
Previous Owner $25,000
Previous Owner $556,000
Previous Owner $579,000
Previous Owner $371,250
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
10/24/2024 10/24/24 Sold $1,350,000 0.0% $440 / Sq Ft
09/07/2024 09/07/24 Pending -- -- --
07/31/2024 07/31/24 For Sale $1,350,000 0.0% $440 / Sq Ft
07/23/2024 07/23/24 Pending -- -- --
07/11/2024 07/11/24 For Sale $1,350,000 -- $440 / 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 $12,258 $1,141,000 $795,000 $346,000
2024 $14,238 $1,450,000 $1,449,000 $1,000
2023 $14,060 $1,450,000 $1,449,000 $1,000
2022 $12,776 $1,544,000 $1,534,000 $10,000
2021 $12,357 $1,353,000 $1,343,000 $10,000
2020 $13,200 $1,244,000 $1,234,000 $10,000
2018 $11,615 $1,327,000 $1,317,000 $10,000
2017 $10,448 $1,149,000 $1,139,000 $10,000
2016 $7,844 $1,068,000 $1,058,000 $10,000
2015 $6,201 $772,000 $771,000 $1,000
2014 -- $618,000 $617,000 $1,000
2013 -- $595,000 $583,000 $12,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2264041

Northwest Multiple Listing Service (NWMLS)

APN: 890000-0360

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