Listed by Paragon Real Estate Advisors
NOT LISTED FOR SALE
6 Beds
6 Baths
25,783 Sq Ft
0.35 Acres

Last Sold November 21, 2012

Last sale price $5,215,000 $202 Per Sq Ft

13 Days on Market

Highlights

  • 0.35 Acre Lot
  • Lafayette Elementary School Rated A-
  • Wood Siding

About This Home

As of November 2012

Constructed in 1990 is a well-built 5 story wood-framed building consisting of 36 apartment units with 2 levels of secured garage parking. All units feature spacious floor plans, D/W, fireplaces, and large windows, many with private decks. 27 of the units have full size W/D while the remaining units are serviced by an on-site laundry room. This secured building also features an intercom system and a charming lobby with elevator.

Last Agent to Sell the Property

Peter Larsen

Paragon Real Estate Advisors License #23639 Listed on: 05/22/2012

Co-Listed By

Cathy Jeney

Paragon Real Estate Advisors License #18893

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 360081

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $41,917

Year Built

  • Built in 1990

Lot Details

  • 0.35 Acre Lot

Home Design

  • 25,783 Sq Ft Home
  • Flat Roof Shape
  • Wood Siding
  • Wood Composite

Parking

  • 49 Parking Spaces
  • 49 Covered Spaces

Community Details

  • West Seattle Subdivision
  • 5-Story Property

Listing and Financial Details

  • Assessor Parcel Number 9297301885

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$41,917

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1990
  • Buyer Agency Compensation: 1.5625
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 25783
  • Special Features: None
  • Cumulative Days on Market: 366

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Stories: 5
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Flat
  • View: No
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 49
  • Open Parking: No
  • Total Parking Spaces: 49
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 25421

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 9297301885
  • Lot Size Acres: 0.3526
  • Lot Size Sq Ft: 15360
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 11
  • LeasedItems: None
  • TotalMonthlyIncome: 38966

Multi Family

  • Gross Scheduled Income: 467592
  • Net Operating Income: 308157
  • Number Of Units Total: 36
  • Insurance Expense: 5946
  • Leasable Area: 25783
  • UnitsInBuildingTotal: 36
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2012
  • Tax Annual Amount: 41917

Range of Values:

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List Price
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 Change Sq Ft Price
11/21/2012 11/21/12 Sold $5,215,000 -2.5% $202 / Sq Ft
06/05/2012 06/05/12 Pending -- -- --
05/22/2012 05/22/12 For Sale $5,350,000 -- $208 / 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: 360081

Northwest Multiple Listing Service (NWMLS)