Listed by Paragon Real Estate Advisors, Bought with Paragon Real Estate Advisors
NOT LISTED FOR SALE
6 Beds
6 Baths
3,170 Sq Ft
6,000 Sq Ft Lot

Last Sold October 04, 2017

Last sale price $1,435,000 $453 Per Sq Ft

17 Days on Market

Highlights

  • Wood Siding
  • Mcclure Middle School Rated A-
  • Wall to Wall Carpet

About This Home

As of October 2017

Well maintained 6 unit building located on the northeast edge of Magnolia. Building features a large 2bd/1.5bth owner's unit, a common laundry room, double pane vinyl windows, and 4 on-site parking spaces. Updates include new carpet, mill-work and appliances. Building offers major rental upside and value add opportunity with space to add washer and dryers to the 1bedroom units.

Last Agent to Sell the Property

Brian Platt

Paragon Real Estate Advisors License #85375 Listed on: 06/29/2017

Last Buyer's Agent

Nick Hemming

Paragon Real Estate Advisors License #120684

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1152884

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,329

Year Built

  • Built in 1958

Lot Details

  • 6,000 Sq Ft Lot

Home Design

  • Flat Roof Shape
  • Poured Concrete
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 3,170 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • Open Parking

Community Details

  • Magnolia Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2770601925

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,329

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1958
  • Buyer Agency Compensation: 2.50
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3170
  • Special Features: None
  • Cumulative Days on Market: 363

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry

Exterior Features

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

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 6321

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 2770601925
  • Lot Size Acres: 0.1377
  • Lot Size Sq Ft: 6000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Landvision
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 17
  • LeasedItems: None
  • TotalMonthlyIncome: 6995

Multi Family

  • Gross Scheduled Income: 83940
  • Net Operating Income: 55432
  • Number Of Units Total: 6
  • Insurance Expense: 2740
  • Leasable Area: 3170
  • UnitsInBuildingTotal: 6
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2017
  • Tax Annual Amount: 10329

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
10/04/2017 10/04/17 Sold $1,435,000 0.0% $453 / Sq Ft
07/17/2017 07/17/17 Pending -- -- --
07/07/2017 07/07/17 For Sale $1,435,000 0.0% $453 / Sq Ft
07/07/2017 07/07/17 Pending -- -- --
06/29/2017 06/29/17 For Sale $1,435,000 -- $453 / 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: 1152884

Northwest Multiple Listing Service (NWMLS)