Listed by Lee & Associates Commercial RE
$1,195,000

Estimated payment $6,853/month

Total Views 6,543
3 Beds
4 Baths
3,836 Sq Ft
$312 Price per Sq Ft

Highlights

  • Territorial View
  • Corner Lot
  • Vinyl Plank Flooring
  • John Rogers Elementary School Rated A-
  • No HOA
  • 3-minute walk to Lake City Mini Park

About This Home

The Barton Building is a mixed used opportunity and has been well maintained over the years with flexible layout. Four commercial tenants occupied the building at one point. Currently, there are two residential units, one 2 bedroom and 1 studio apartment and two commercial units. The leases are short term in nature allowing for an upside for an investor or opportunity for an owner/user. The Barton Building is located in Lake City the northern suburb of Seattle, just two blocks off of the arterial Lake City Way NE. A quick 10-minute shot south down 35th Avenue NE to the University of Washington and only 17 minutes to Downtown Seattle via I-5.

Listing Agent

Dea Sumantri

Lee & Associates Commercial RE License #21001837 Listed on: 03/21/2025

Co-Listing Agent

Candice Chevaillier, CCIM

Lee & Associates Commercial RE License #18886

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2346250

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,834

Year Built

  • Built in 1946

Lot Details

  • 4,400 Sq Ft Lot
  • Corner Lot
  • Property is in good condition

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Poured Concrete

Interior Spaces

  • 3,836 Sq Ft Home
  • 1-Story Property
  • Vinyl Plank Flooring
  • Territorial Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Bathrooms

Parking

  • 8 Parking Spaces
  • 1 Covered Space
  • Open Parking

Utilities

  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Lake City Subdivision

Listing and Financial Details

  • Assessor Parcel Number 8822900005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,834

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1946
  • MLS Status: Active
  • Prev Status: Active
  • New Construction: No
  • CalculatedSquareFootage: 3836
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Commercial
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Vinyl Plank
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: Storage

Exterior Features

  • Roof: Flat
  • View: Territorial
  • Lot Features: Alley, Corner Lot, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Construction Type: Concrete
  • Exterior Features: Cement/Concrete
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Open Parking Spaces: 7
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 7

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • PowerCompany: SCL
  • SewerCompany: SPU
  • WaterCompany: SPU
  • WaterSewerGarbage: 2695

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 8822900005
  • Lot Size Acres: 0.101
  • Lot Size Sq Ft: 4400
  • Zoning Description: Commercial
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: King County Parcel Viewer
  • MLSSquareFootageSource: Parcel Viewer
  • ZoningJurisdiction: County

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 12.15
  • LeasedItems: None
  • TotalMonthlyIncome: 8193

Multi Family

  • Gross Scheduled Income: 98316
  • Net Operating Income: 80057
  • Number Of Units Total: 4
  • Insurance Expense: 4815
  • Leasable Area: 3044
  • EnergySource: Electric
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: true
  • VacancyRate: 5

Tax Info

  • Year: 2024
  • Tax Annual Amount: 5834

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $5,834 $529,000 $528,000 $1,000
2023 $6,370 $604,200 $352,000 $252,200
2022 $4,956 $561,000 $286,000 $275,000
2021 $4,641 $470,700 $242,000 $228,700
2020 $4,428 $418,200 $242,000 $176,200
2018 $4,471 $404,200 $220,000 $184,200
2017 $4,291 $404,200 $220,000 $184,200
2016 $3,821 $404,200 $220,000 $184,200
2015 $3,788 $358,100 $211,200 $146,900
2014 -- $366,700 $211,200 $155,500
2013 -- $334,400 $198,000 $136,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2025 03/21/25 For Sale $1,195,000 -- $312 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Quit Claim Deed -- Transnation Title Insurance
Warranty Deed $200,000 Chicago Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $500,000 Commercial
Closed $420,000 Commercial
Previous Owner $150,000 Seller Take Back
Source: Public Records

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2346250

Northwest Multiple Listing Service (NWMLS)

APN: 882290-0005