Listed by Lee & Associates Commercial RE, Bought with eXp Realty
NOT LISTED FOR SALE
-- Bed
-- Bath
8,320 Sq Ft
3,001 Sq Ft Lot

Last Sold February 20, 2024

Last sale price $2,400,000 $288 Per Sq Ft

49 Days on Market

Highlights

  • City View
  • Deck
  • No HOA
  • Garfield High School Rated A
  • Wood Flooring
  • 1-minute walk to Thomas Street Mini Park

About This Home

As of February 2024

Charming, spacious, and well cared building, with 6 out of 8 units are 2-bedrms. Light-filled bay windows and western units feature sweeping views of Downtown, SLU w/ the Space Needle and Puget Sound beyond. Built in 1910, wiring & heating system updated over the years. windows have wood blinds and most of the hardwood floors in units have been preserved while the kitchens have received updates - butcher block countertops in most units, newer gas ranges, Bosch DW in all units. Centrally-positioned within the Capitol Hill neighborhood, 317 presents investors w/ a perfect opportunity to embellish upon this attractive vintage w tasteful updates supportive of stronger rents that will increase the financial returns of the investment over time.

Last Agent to Sell the Property

Dea Sumantri

Lee & Associates Commercial RE License #21001837 Listed on: 10/19/2023

Co-Listed By

Daniel Lim

Lee & Associates Commercial RE License #131121

Last Buyer's Agent

Tova Williamson

eXp Realty License #122391

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2172267

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $24,705

Year Built

  • Built in 1910

Lot Details

  • 3,000 Sq Ft Lot
  • Property is in good condition

Property Views

  • City
  • Territorial

Home Design

  • Flat Roof Shape
  • Block Foundation
  • Stucco

Interior Spaces

  • 8,320 Sq Ft Home
  • 3-Story Property
  • Thermal Windows
  • Wood Flooring

Outdoor Features

  • Deck

Utilities

  • Baseboard Heating
  • Heating System Mounted To A Wall or Window
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Capitol Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6848200110

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$24,705

Year Built

Built in 1910

Lot Details

3,000 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1910
  • Buyer Agency Compensation: 2.25
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 8320
  • EffectiveYearBuiltSource: Public Records
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: Hardwood
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry,Thermal Windows

Exterior Features

  • Roof: Flat
  • View: City, Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Stucco
  • Foundation Details: Block
  • Property Condition: Good
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking: No

Utilities

  • Sewer: Available
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: SCL
  • SewerCompany: SPU
  • WaterCompany: SPU

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 6848200110
  • Lot Size Acres: 0.0689
  • Lot Size: 3000
  • Lot Size Sq Ft: 3000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Gas Available,High Speed Internet
  • MLSLotSizeSource: Parcel Viewer
  • ZoningJurisdiction: County
  • ZoningClass: Multi-Family

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 13
  • LeasedItems: None
  • TotalMonthlyIncome: 16700

Tax Info

  • Year: 2023
  • Tax Annual Amount: 24705

Multi Family

  • Number Of Units Total: 8
  • EnergySource: Electric
  • UnitsBelowGrade: false
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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 List to Sale Price per Sq Ft
02/20/2024 02/20/24 Sold $2,400,000 -7.7% $288 / Sq Ft
12/07/2023 12/07/23 Pending -- -- --
10/19/2023 10/19/23 For Sale $2,600,000 -- $313 / 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 $23,028 $2,432,000 $1,200,000 $1,232,000
2023 $24,705 $2,790,000 $1,200,000 $1,590,000
2022 $31,639 $2,971,000 $1,110,000 $1,861,000
2021 $33,616 $2,900,000 $1,110,000 $1,790,000
2020 $31,353 $3,555,000 $1,200,000 $2,355,000
2018 $23,806 $2,735,000 $1,035,000 $1,700,000
2017 $21,504 $2,446,000 $1,065,000 $1,381,000
2016 $16,599 $2,284,000 $375,000 $1,909,000
2015 $14,643 $1,719,000 $375,000 $1,344,000
2014 -- $1,550,000 $375,000 $1,175,000
2013 -- $1,483,000 $375,000 $1,108,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2172267

Northwest Multiple Listing Service (NWMLS)
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