Listed by Lee & Associates Commercial RE, Bought with CPX LLC
NOT LISTED FOR SALE

3825 34th Ave W Seattle, WA 98199

Lawton Park Neighborhood
-- Bed
-- Bath
13,237 Sq Ft
0.28 Acres

Last Sold August 29, 2022

Last sale price $5,800,000 $438 Per Sq Ft

145 Days on Market

Highlights

  • Territorial View
  • No HOA
  • Vinyl Plank Flooring
  • Lawton Elementary School Rated A-
  • Thermal Windows
  • Partially Fenced Property

About This Home

As of August 2022

Positioned just blocks from Magnolia’s Discovery Park, on two NC1-40 (M) zoned, 6,000 sf parcels, this 18-unit complex consist of two 1967 constructed buildings. The buildings are centered around a common courtyard and namesake fountain. The unit mix comprises of nine 1-bedroom and nine 2-bedroom units with an average unit size of 735 sf. The units feature individual washers and dryers, stainless steel appliances, undermount sinks, hard surface counters and LVT flooring, and several units have fireplaces. With nearly all units renovated, investors may realize additional upside to be had in rents in this opportunity to acquire 18 units in one Seattle’s most desirable residential neighborhoods.

Last Agent to Sell the Property

Dea Sumantri

Lee & Associates Commercial RE License #21001837 Listed on: 01/28/2022

Lee & Associates Commercial RE

Co-Listed By

Daniel Lim

Lee & Associates Commercial RE License #131121

Last Buyer's Agent

Matthew Miller

CPX LLC License #116212

CPX LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1882339

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $43,773

Year Built

  • Built in 1967 | Remodeled

Lot Details

  • 0.28 Acre Lot
  • Partially Fenced Property

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 13,237 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Vinyl Plank Flooring
  • Territorial Views

Parking

  • 10 Parking Spaces
  • Open Parking

Community Details

  • No Home Owners Association
  • Magnolia Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6821100650

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$43,773

Year Built

Built in 1967 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1967
  • Buyer Agency Compensation: 2.25
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 13237
  • EffectiveYearBuiltSource: Public Records
  • Special Features: VirtualTour
  • Cumulative Days on Market: 481

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl Plank
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Thermal Windows

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement/Concrete, See Remarks, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Remodeled
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 10
  • Open Parking: Yes
  • Total Parking Spaces: 10
  • ParkingUncoveredSpaces: 10

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 21600

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 6821100650
  • Lot Size Acres: 0.2755
  • Lot Size Sq Ft: 12000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially
  • MLSLotSizeSource: King County Parcel Viewer
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 15.4
  • LeasedItems: None
  • TotalMonthlyIncome: 32411

Multi Family

  • Gross Scheduled Income: 388560
  • Net Operating Income: 262936
  • Number Of Units Total: 18
  • Insurance Expense: 6316
  • Leasable Area: 13237
  • EnergySource: Electric
  • UnitsInBuildingTotal: 18
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2021
  • Tax Annual Amount: 43773
  • AdditionalTaxIds: 6821100645,6821100650

Range of Values:

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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
08/29/2022 08/29/22 Sold $5,800,000 -3.3% $438 / Sq Ft
06/22/2022 06/22/22 Pending -- -- --
05/02/2022 05/02/22 Price Changed $5,995,000 -3.2% $453 / Sq Ft
01/28/2022 01/28/22 For Sale $6,195,000 -- $468 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Dea Sumantri

    Seller's Agent in 2022

    Dea Sumantri

    Lee & Associates Commercial RE

    (206) 624-2424

    1 in this area

    23 Total Sales

    Section Image
  • Daniel Lim

    Seller Co-Listing Agent in 2022

    Daniel Lim

    Lee & Associates Commercial RE

    (206) 928-2311

    1 in this area

    30 Total Sales

    Section Image

  • M

    Buyer's Agent in 2022

    Matthew Miller

    CPX LLC

    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1882339

Northwest Multiple Listing Service (NWMLS)

Washington King County Seattle 98199 Lawton Park

3825 34th Ave W, Seattle, WA

This home is located at 3825 34th Ave W, Seattle, WA 98199 since 28 January 2022. This property was built in 1967. 3825 34th Ave W 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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