Listed by TEC Real Estate Inc., Bought with PRO RLTYSRVCS Eastside
NOT LISTED FOR SALE

3201 S 208th St Seatac, WA 98198

12 Beds
6 Baths
10,860 Sq Ft
0.62 Acres

Last Sold November 13, 2015

Last sale price $1,395,000 $128 Per Sq Ft

172 Days on Market

About This Home

As of November 2015

Well cared for 12 unit apartment building on 27000+ square foot lot with three four plex configurations, each with it's own sewer connected. Seller will sell all together as one 12 unit property or can sell each four plex ($575,000 ea), Subject to Short Plat approval. Many units have been remodeled over time on turnovers. Great opportunity with loan rates below 4% for Multi Family purchase or under 3% for residential purchase (4-Plex). No showing without signed agreement to purchase.

Last Agent to Sell the Property

Breffni McGeough

TEC Real Estate Inc. License #45607 Listed on: 04/20/2015

Last Buyer's Agent

Teresa Nielsen

PRO RLTYSRVCS Eastside License #111058

PRO RLTYSRVCS Eastside

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 774298

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,689

Year Built

  • Built in 1979

Lot Details

  • 0.62 Acre Lot

Home Design

  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 10,860 Sq Ft Home
  • 2-Story Property

Parking

  • 31 Parking Spaces
  • Open Parking

Community Details

  • W 100 Ft Of N 300 Ft Of Nw 1/4 Of Nw 1/4 Less N 3 Condos
  • Seatac Subdivision

Listing and Financial Details

  • Legal Lot and Block W 100 FT OF N 300 FT OF NW 1/4 OF NW 1/ / W 100 FT OF N 300 FT OF NW 1/4 OF NW 1/
  • Assessor Parcel Number 1022049048

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,689

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1979
  • Buyer Agency Compensation: 2
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: W 100 FT OF N 300 FT OF NW 1/4 OF NW 1/4 LESS N 3
  • New Construction: No
  • CalculatedSquareFootage: 10860
  • SOCComments: 2%
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Metal/Vinyl
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 31
  • Open Parking: Yes
  • Total Parking Spaces: 31
  • ParkingUncoveredSpaces: 31

Utilities

  • Sewer: Sewer Connected
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 0

Schools

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

Lot Info

  • Parcel Number: 1022049048
  • Lot Size Acres: 0.6198
  • Lot Size Sq Ft: 27000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: KCR
  • ZoningClass: Multi-Family
  • LotNumber: W 100 FT OF N 300 FT OF NW 1/4 OF NW 1/

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 10
  • LeasedItems: None
  • TotalMonthlyIncome: 9780

Multi Family

  • Gross Scheduled Income: 117360
  • Net Operating Income: 91436
  • Number Of Units Total: 12
  • Insurance Expense: 3890
  • Leasable Area: 10860
  • UnitsInBuildingTotal: 12
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2014
  • Tax Annual Amount: 12689

MLS Schools

  • Elementary School: Buyer To Verify

Range of Values:

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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 List to Sale Price per Sq Ft
11/13/2015 11/13/15 Sold $1,395,000 -7.0% $128 / Sq Ft
10/10/2015 10/10/15 Pending -- -- --
04/20/2015 04/20/15 For Sale $1,500,000 -- $138 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 774298

Northwest Multiple Listing Service (NWMLS)