Listed by Westlake Associates, Inc., Bought with Capstone Commercial
NOT LISTED FOR SALE
-- Bed
-- Bath
5,179 Sq Ft
5,406 Sq Ft Lot

Last Sold December 21, 2022

Last sale price $2,773,600 $536 Per Sq Ft

21 Days on Market

Highlights

  • Lake View
  • Corner Lot
  • Vinyl Plank Flooring
  • Hamilton International Middle School Rated A
  • No HOA
  • Wood Siding

About This Home

As of December 2022

3900 Latona Ave NE is positioned to take advantage of spectacular views overlooking Lake Union and Downtown Seattle. On the market for the 1st time in 32 years, this 7-unit building consists of six 1-bed and one 2-bed penthouse unit. Secure parking garage has 7 stalls. The exterior of the building was extensively renovated in 2010 with new windows, siding, decks, railings, and roof. The penthouse unit has a laundry unit while the other 6 units share a common laundry. 4 of 7 units have been upgraded with new floors, countertops, plumbing fixtures, and stainless steel appliances. All units enjoy private decks and dishwashers. 6 units have had new 50-gallon hot water tanks installed. Well-maintained & well-located building in a desirable area

Last Agent to Sell the Property

Matthew Weber

Westlake Associates, Inc. License #50224 Listed on: 10/10/2022

Last Buyer's Agent

Ian Brown

Capstone Commercial License #48896

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2005907

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,979

Year Built

  • Built in 1989

Lot Details

  • 5,406 Sq Ft Lot
  • Corner Lot

Property Views

  • Lake
  • City
  • Limited

Home Design

  • Flat Roof Shape
  • Wood Siding

Interior Spaces

  • 5,179 Sq Ft Home
  • 3-Story Property
  • Vinyl Plank Flooring

Parking

  • 7 Parking Spaces
  • 7 Covered Spaces

Community Details

  • No Home Owners Association
  • Wallingford Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4206900885

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,979

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1989
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 5179
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl Plank
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Flat
  • View: City, Lake, Partial
  • Lot Features: Corner Lot, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 7
  • Open Parking: No
  • Total Parking Spaces: 7
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 10500

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 4206900885
  • Lot Size Acres: 0.1241
  • Lot Size Sq Ft: 5406
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: King County
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14.9
  • LeasedItems: None
  • TotalMonthlyIncome: 15518

Multi Family

  • Gross Scheduled Income: 186216
  • Net Operating Income: 129877
  • Number Of Units Total: 7
  • Electric Expense: 1050
  • Insurance Expense: 2525
  • Leasable Area: 5179
  • EnergySource: Electric
  • UnitsInBuildingTotal: 7
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2022
  • Tax Annual Amount: 20979

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 List to Sale Price per Sq Ft
12/21/2022 12/21/22 Sold $2,773,600 -0.1% $536 / Sq Ft
10/31/2022 10/31/22 Pending -- -- --
10/24/2022 10/24/22 Price Changed $2,775,000 -5.9% $536 / Sq Ft
10/10/2022 10/10/22 For Sale $2,950,000 -- $570 / 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: 2005907

Northwest Multiple Listing Service (NWMLS)