Listed by Lee & Associates Commercial RE, Bought with Medawar Real Estate
NOT LISTED FOR SALE
-- Bed
-- Bath
2,420 Sq Ft
4,218 Sq Ft Lot

Last Sold September 24, 2021

Last sale price $1,250,000 $517 Per Sq Ft

10 Days on Market

Highlights

  • Wood Siding
  • B.F. Day Elementary School Rated A-
  • Wall to Wall Carpet

About This Home

As of September 2021

Located in the highly sought-after neighborhood of Wallingford, known for its residential charm and central location. This well-maintained building consists of five 1 bedroom/1 bath units with an average size of 557 SF. With major capital improvements include a new metal roof, windows, and siding completed in 2016, Midvale offers investors a stabilized asset in a highly desirable location. Turn-Key as is, Investors can realize additional upside through unit updates.

Last Agent to Sell the Property

Dea Sumantri

Lee & Associates Commercial RE License #21001837 Listed on: 07/29/2021

Lee & Associates Commercial RE

Co-Listed By

Daniel Lim

Lee & Associates Commercial RE License #131121

Last Buyer's Agent

Amir Medawar

Medawar Real Estate License #8091

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1815234

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,486

Year Built

  • Built in 1977

Lot Details

  • 4,218 Sq Ft Lot
  • Property is in good condition

Home Design

  • Composition Roof
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2,420 Sq Ft Home
  • 3-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 7 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Community Details

  • Fremont Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3975400025

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,486

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1977
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2420
  • EffectiveYearBuiltSource: Public Records
  • Special Features: VirtualTour
  • Cumulative Days on Market: 348

Interior Features

  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Storage

Exterior Features

  • Roof: Composition, Metal
  • Lot Features: Alley, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Property Condition: Good
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 5
  • Open Parking: Yes
  • Total Parking Spaces: 7
  • ParkingUncoveredSpaces: 5

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 5534

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 3975400025
  • Lot Size Acres: 0.0968
  • Lot Size Sq Ft: 4218
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: County record

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 7395

Multi Family

  • Gross Scheduled Income: 88740
  • Net Operating Income: 54052
  • Number Of Units Total: 5
  • Insurance Expense: 2000
  • Leasable Area: 2784
  • EnergySource: Electric
  • UnitsInBuildingTotal: 5
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2021
  • Tax Annual Amount: 12486

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 Change Sq Ft Price
09/24/2021 09/24/21 Sold $1,250,000 0.0% $517 / Sq Ft
08/08/2021 08/08/21 Pending -- -- --
07/29/2021 07/29/21 For Sale $1,250,000 -- $517 / 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: 1815234

Northwest Multiple Listing Service (NWMLS)