Listed by Windermere Real Estate Co., Bought with Heaton Dainard, LLC
NOT LISTED FOR SALE

3500 W Government Way Seattle, WA 98199

Lawton Park Neighborhood
10 Beds
6 Baths
6,465 Sq Ft
7,792 Sq Ft Lot

Last Sold June 22, 2018

Last sale price $1,850,000 $286 Per Sq Ft

30 Days on Market

Highlights

  • Corner Lot
  • Thermal Windows
  • Wall to Wall Carpet
  • Lawton Elementary School Rated A-
  • Wood Siding
  • 4-minute walk to Kiwanis Memorial Preserve Park

About This Home

As of June 2018

This well-built 1950s 8-plex is in a stellar location! Tenants have easy access to downtown by bus, car or bicycle and can stroll across the Locks to enjoy Ballard restaurants. Discovery Park, with its 534 wooded acres and saltwater beaches, is just 1 block away. There are five 2-bdrm units and three 1-bdrm units with an average size of 735 sq ft. Units have ample storage and off-street parking. Low rents plus large units equals tremendous upside potential.

Last Agent to Sell the Property

Robert Melvey

Windermere Real Estate Co. License #9483 Listed on: 03/06/2018

Windermere Real Estate Co.

Co-Listed By

Dane Murphy

Windermere Real Estate Co. License #28314

Last Buyer's Agent

James Dainard

Heaton Dainard, LLC License #108050

Heaton Dainard, LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1254041

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,062

Year Built

  • Built in 1959

Lot Details

  • 7,792 Sq Ft Lot
  • Corner Lot

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Bitumen Roof
  • Wood Siding

Interior Spaces

  • 6,465 Sq Ft Home
  • 3-Story Property
  • Thermal Windows
  • Wall to Wall Carpet

Parking

  • 8 Parking Spaces
  • Open Parking

Schools

  • Lawton Elementary School
  • Mc Clure Mid Middle School
  • Ballard High School

Community Details

  • Magnolia Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4235401110

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,062

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1959
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 6465
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Fireplace: No
  • Flooring: Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Basement,Coin Op Laundry,Storage,Thermal Windows

Exterior Features

  • Roof: Torch Down
  • Lot Features: Corner Lot, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Brick, Wood
  • Foundation Details: Poured Concrete
  • Structure Type: Multi Family

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: Seattle City Light
  • SewerCompany: Seattle Public Utilities
  • WaterCompany: Seattle Public Utilities
  • WaterSewerGarbage: 12907

Schools

  • Junior High Dist: Seattle
  • High School: Ballard High
  • Middle Or Junior School: Mc Clure Mid

Lot Info

  • Parcel Number: 4235401110
  • Lot Size Acres: 0.1789
  • Lot Size Sq Ft: 7792
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: realist
  • ZoningJurisdiction: City

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 18
  • LeasedItems: None
  • TotalMonthlyIncome: 9325

Multi Family

  • Gross Scheduled Income: 112200
  • Net Operating Income: 78569
  • Number Of Units Total: 8
  • Electric Expense: 799
  • Insurance Expense: 2619
  • Leasable Area: 5885
  • UnitsInBuildingTotal: 8
  • UnitsBelowGrade: true
  • VacancyRate: 2

Tax Info

  • Year: 2017
  • Tax Annual Amount: 15062

MLS Schools

  • Elementary School: Lawton

Range of Values:

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Average Value
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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 List to Sale Price per Sq Ft
06/22/2018 06/22/18 Sold $1,850,000 -7.3% $286 / Sq Ft
04/06/2018 04/06/18 Pending -- -- --
03/06/2018 03/06/18 For Sale $1,995,000 -- $309 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2018

    Robert Melvey

    Windermere Corporate

    Section Image

  • D

    Seller Co-Listing Agent in 2018

    Dane Murphy

    Windermere Corporate

    (206) 300-7446

    13 Total Sales

    Dane Murphy
    Section Image
  • James Dainard

    Buyer's Agent in 2018

    James Dainard

    Heaton Dainard, LLC

    (206) 823-2145

    569 Total Sales

    James Dainard
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1254041

Northwest Multiple Listing Service (NWMLS)
Washington King County Seattle 98199 Lawton Park

3500 W Government Way, Seattle, WA

This home is located at 3500 W Government Way, Seattle, WA 98199 since 06 March 2018. This property was built in 1959. 3500 W Government Way is a home located in King County with nearby schools including Lawton Elementary School, Mcclure Middle School, and Ballard High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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