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Seller's Agent in 2022
Winslow Lee
Kidder Mathews
A true value add property located 2 blocks away from Lake Union. This is the first time this property has been on the market in 40+ years. 7 Units available for a complete renovation. Strong in-place cash flow with substantial renovation upside to over 21%. Common laundry for all units with two parking spots available. Located within walking distance from gas works park, Fremont & Wallingford neighborhoods and the University of Washington. Financials are Proforma and Rents are In-Place.
Last Agent to Sell the Property
Winslow Lee
Kidder Mathews License #136708 Listed on: 05/05/2022
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 1928867
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/14/2022 10/14/22 | Sold | $1,650,000 | -2.9% | $453 / Sq Ft |
| 05/16/2022 05/16/22 | Pending | -- | -- | -- |
| 05/05/2022 05/05/22 | For Sale | $1,700,000 | -- | $467 / Sq Ft |
| 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 | $14,553 | $1,531,000 | $412,500 | $1,118,500 |
| 2023 | $15,693 | $1,737,000 | $412,500 | $1,324,500 |
| 2022 | $15,594 | $1,882,000 | $330,000 | $1,552,000 |
| 2021 | $17,031 | $1,722,000 | $330,000 | $1,392,000 |
| 2020 | $16,002 | $1,790,000 | $330,000 | $1,460,000 |
| 2018 | $13,366 | $1,517,000 | $330,000 | $1,187,000 |
| 2017 | $12,143 | $1,367,000 | $264,000 | $1,103,000 |
| 2016 | $10,737 | $1,284,000 | $247,500 | $1,036,500 |
| 2015 | -- | $1,106,000 | $214,500 | $891,500 |
| 2014 | -- | $885,000 | $181,500 | $703,500 |
| 2013 | -- | $793,000 | $165,000 | $628,000 |
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Seller's Agent in 2022
Winslow Lee
Kidder Mathews
Buyer's Agent in 2022
Daniel Lim
Lee & Associates Commercial RE
(206) 928-2311
2 in this area
30 Total Sales
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 1928867