NOT LISTED FOR SALE

406 Summit Ave E Seattle, WA 98102

Capitol Hill Neighborhood
4 Beds
6 Baths
4,495 Sq Ft
7,200 Sq Ft Lot

Last Sold May 31, 2016

Last sale price $2,444,000 $544 Per Sq Ft

23 Days on Market

Highlights

  • City View
  • Wood Flooring
  • Gated Home
  • Garfield High School Rated A
  • Patio
  • 2-minute walk to Thomas Street Mini Park

About This Home

As of May 2016

The Summit Terrace is wood framed and covered by an attractive wood shingle and brick facade exterior. The building features a secured entry, a private courtyard and garden, Space needle views, common laundry, and resident storage lockers. Recent major improvement items include a new roof, new electrical system installed in 2006, recently tuck pointed brick facade, and recently painted exterior. The lot is zoned MR and is 7,200 square feet.

Last Agent to Sell the Property

Dan Swanson

Kidder Mathews License #13533 Listed on: 03/07/2016

Last Buyer's Agent

Dan Swanson

Kidder Mathews License #13533 Listed on: 03/07/2016

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 905997

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,583

Year Built

  • Built in 1924

Lot Details

  • 7,200 Sq Ft Lot
  • Lot Dimensions are 60x120
  • Gated Home
  • Property is Fully Fenced
  • Value in Land

Property Views

  • City
  • Limited

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 4,495 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Vinyl

Schools

  • Lowell Elementary School
  • Wash Mid Middle School
  • Garfield High School

Additional Features

  • Patio
  • Natural Gas Connected

Community Details

  • Capitol Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6848200465

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,583

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1924
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 4495
  • EffectiveYearBuiltSource: Public Records
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Hardwood, Vinyl
  • Interior Amenities: Hardwood
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry,Storage

Exterior Features

  • Roof: Composition
  • View: City, Partial
  • Lot Features: Alley, Curbs, Paved, Sidewalk, Value In Land
  • View: Yes
  • Waterfront: No
  • Exterior Features: Brick
  • Foundation Details: Slab
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking: No

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: SecurityGate, PartiallyFenced
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric, Natural Gas Connected

Schools

  • Junior High Dist: Seattle
  • High School: Garfield High
  • Middle Or Junior School: Wash Mid

Lot Info

  • Parcel Number: 6848200465
  • Lot Size Acres: 0.1653
  • Lot Size: 60x120
  • Lot Size Sq Ft: 7200
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Fully,Gated Entry,Patio
  • MLSLotSizeSource: Public Records
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 16
  • LeasedItems: Washer/Dryer
  • TotalMonthlyIncome: 12573

Tax Info

  • Year: 2016
  • Tax Annual Amount: 14583

Multi Family

  • Number Of Units Total: 6
  • UnitsBelowGrade: false

MLS Schools

  • Elementary School: Lowell

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 List to Sale Price per Sq Ft
05/31/2016 05/31/16 Sold $2,444,000 +1.8% $544 / Sq Ft
04/01/2016 04/01/16 Pending -- -- --
03/08/2016 03/08/16 For Sale $2,400,000 -- $534 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Dan Swanson

    Seller's Agent in 2016

    Dan Swanson

    Kidder Mathews

    (425) 444-6501

    5 in this area

    56 Total Sales

    Dan Swanson
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 905997

Northwest Multiple Listing Service (NWMLS)
Washington King County Seattle 98102 Capitol Hill

406 Summit Ave E, Seattle, WA

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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