Listed by YourSeattleHomeTeam.com, Inc., Bought with RE/MAX Integrity
NOT LISTED FOR SALE
2 Beds
1 Bath
3,810 Sq Ft
7,000 Sq Ft Lot

Last Sold October 01, 2014

Last sale price $1,290,000 $339 Per Sq Ft

Highlights

  • City View
  • Deck
  • Wood Flooring
  • Mcclure Middle School Rated A-
  • Secluded Lot
  • Thermal Windows

About This Home

As of October 2014

Fantastic 4-plex in coveted Magnolia! Each unit is gorgeous, and each has Ship Canal views! Whole building has undergone a studs out renovation in 2008, including new plumbing, electrical, windows. The envelope/siding were designed and approved by an engineering firm. Interiors have top of the line finishes including slab granite, Jatoba floors and Brazilian cherry cabinets. Each unit has a fireplace, storage unit & designated parking space. Great rents make this a terrific investment!

Last Agent to Sell the Property

Lynn Robertson

YourSeattleHomeTeam.com, Inc. License #49689 Listed on: 08/27/2014

YourSeattleHomeTeam.com, Inc.

Last Buyer's Agent

Nona Adams

RE/MAX Integrity License #51002

RE/MAX Integrity

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 687979

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,000

Year Built

  • Built in 1969

Lot Details

  • 7,000 Sq Ft Lot
  • Cul-De-Sac
  • Street terminates at a dead end
  • Partially Fenced Property
  • Secluded Lot
  • Property is in very good condition

Property Views

  • City
  • Canal
  • Territorial

Home Design

  • Quadruplex
  • Slab Foundation
  • Bitumen Roof
  • Wood Composite

Interior Spaces

  • 3,810 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Flooring

  • Wood
  • Ceramic Tile

Parking

  • 5 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Magnolia Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2770600530

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,000

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1969
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3810
  • EffectiveYearBuiltSource: See Remarks
  • Special Features: None
  • Cumulative Days on Market: 356

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Ceramic Tile, Hardwood
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Thermal Windows

Exterior Features

  • Roof: Torch Down
  • View: Canal, City, Territorial
  • Lot Features: Cul-De-Sac, Dead End Street, Paved, Secluded
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement/Concrete, Wood Products
  • Foundation Details: Slab
  • Property Condition: Very Good
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 5
  • Open Parking: Yes
  • Total Parking Spaces: 5
  • ParkingUncoveredSpaces: 5

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • WaterSewerGarbage: 5100

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 2770600530
  • Lot Size Acres: 0.1607
  • Lot Size Sq Ft: 7000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,High Speed Internet,Patio
  • MLSLotSizeSource: KCR
  • ZoningClass: Multi-Family

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 16
  • LeasedItems: None
  • TotalMonthlyIncome: 7030

Multi Family

  • Gross Scheduled Income: 84360
  • Net Operating Income: 65133
  • Number Of Units Total: 4
  • Insurance Expense: 2940
  • Leasable Area: 3810
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 2

Tax Info

  • Year: 2013
  • Tax Annual Amount: 8000

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 Change Sq Ft Price
10/01/2014 10/01/14 Sold $1,290,000 -4.4% $339 / Sq Ft
08/28/2014 08/28/14 Pending -- -- --
08/27/2014 08/27/14 For Sale $1,350,000 -- $354 / 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: 687979

Northwest Multiple Listing Service (NWMLS)