NOT LISTED FOR SALE

4040 7th Ave NE Seattle, WA 98105

University District Neighborhood
10 Beds
6 Baths
30,347 Sq Ft
10,000 Sq Ft Lot

Last Sold December 01, 2017

Last sale price $10,900,000 $359 Per Sq Ft

77 Days on Market

Highlights

  • 0.23 Acre Lot
  • Wood Siding
  • 1-minute walk to University District P-Patch Community Garden
  • Hamilton International Middle School Rated A
  • Wall to Wall Carpet

About This Home

As of December 2017

Imagine waking up to the stunning views of the lake and the city - just right outside your window. At Lakeview, upgrade your lifestyle and enjoy luxury features such as stainless steel appliances and private balconies in select units. It’s a sophisticated take on college life - ready to help you conquer challenges and celebrate when the work is done.

Last Agent to Sell the Property

Tyler Smith

Northmarq Multifamily, LLC License #24028396 Listed on: 09/14/2017

Co-Listed By

Steve Fischer

Northmarq Multifamily, LLC License #87455

Last Buyer's Agent

Brian Thirtyacre

Westlake Associates, Inc. License #1648

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1193781

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $63,729

Year Built

  • Built in 1987

Lot Details

  • 10,000 Sq Ft Lot

Home Design

  • Flat Roof Shape
  • Poured Concrete
  • Wood Siding

Interior Spaces

  • 30,347 Sq Ft Home
  • 4-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 20 Parking Spaces
  • 20 Covered Spaces

Community Details

  • University District Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4092301845

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$63,729

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1987
  • Buyer Agency Compensation: 1
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 30347
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 396

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet, Laminate Hardwood
  • Stories: 4
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Flat
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 20
  • Open Parking: No
  • Total Parking Spaces: 20
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 20000

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 4092301845
  • Lot Size Acres: 0.2296
  • Lot Size Sq Ft: 10000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: MetroScan
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 15
  • LeasedItems: None
  • TotalMonthlyIncome: 68170

Multi Family

  • Gross Scheduled Income: 818040
  • Net Operating Income: 594823
  • Number Of Units Total: 27
  • Electric Expense: 10000
  • Insurance Expense: 6400
  • Leasable Area: 19917
  • UnitsInBuildingTotal: 27
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2017
  • Tax Annual Amount: 63729

Range of Values:

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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
07/15/2024 07/15/24 Price Changed $1,119 +3.7% --
07/11/2024 07/11/24 For Rent $1,079 0.0% --
12/01/2017 12/01/17 Sold $10,900,000 -8.8% $359 / Sq Ft
12/01/2017 12/01/17 Pending -- -- --
09/14/2017 09/14/17 For Sale $11,950,000 -- $394 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Tyler Smith

    Seller's Agent in 2017

    Tyler Smith

    Northmarq Multifamily, LLC

    (206) 505-9425

    25 Total Sales

    Tyler Smith
    Section Image
  • Steve Fischer

    Seller Co-Listing Agent in 2017

    Steve Fischer

    Northmarq Multifamily, LLC

    (206) 505-9435

    39 Total Sales

    Steve Fischer
    Section Image
  • Brian Thirtyacre

    Buyer's Agent in 2017

    Brian Thirtyacre

    Westlake Associates, Inc.

    (206) 505-9402

    2 Total Sales

    Brian Thirtyacre
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1193781

Northwest Multiple Listing Service (NWMLS)

Washington King County Seattle 98105 University District

4040 7th Ave NE, Seattle, WA

This home is located at 4040 7th Ave NE, Seattle, WA 98105 since 14 September 2017. This property was built in 1987. 4040 7th Ave NE is a home located in King County with nearby schools including Green Lake Elementary School, Hamilton International Middle School, and Lincoln 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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