Chris Bierrum
Real Broker LLC
(206) 203-4820
63 Total Sales
2 in Capitol Hill
$413K - $1M Price Range
416 Summit Ave E Seattle, WA 98102
Capitol Hill Neighborhood
--
Bed
--
Bath
7,620
Sq Ft
7,200
Sq Ft Lot
Highlights
- City View
- Thermal Windows
- Wood Siding
- Wood Flooring
About This Home
As of September 2015The Oriana Apartments, located in the ever-popular Capitol Hill neighborhood of Seattle, Washington, is a value-add opportunity with multiple strategies to significantly improve cash flow. To achieve this, a buyer may simply increase rents with very basic improvements upon turnover, remodel apartments, add a unit, potentially redevelop the back half of the lot, and/or teardown and rebuild a +/-50 Unit apartment building.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 817089
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $17,672
Year Built
- Built in 1928
Lot Details
- 7,200
Parking
- 6 Covered Spaces
Home Design
- Brick Exterior Construction
- Slab Foundation
- Bitumen Roof
- Wood Siding
Interior Spaces
- 7,620 Sq Ft Home
- 3-Story Property
- Thermal Windows
- Wood Flooring
- City Views
Schools
- Lowell Elementary School
Additional Features
- 7,200 Sq Ft Lot
- Radiator
Community Details
- Capitol Hill Subdivision
Listing and Financial Details
- Assessor Parcel Number 6848200460
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 9, 2015
Closed on
Sep 28, 2015
Sold by
Bought by
Seller's Agent
Dan Swanson
Kidder Mathews
Buyer's Agent
Dan Swanson
Kidder Mathews
List Price
$3,200,000
Sold Price
$2,700,000
Premium/Discount to List
-$500,000
-15.62%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,625,000
Outstanding Balance
$1,243,359
Interest Rate
3.89%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 14, 1989
Sold by
Bought by
Purchase Details
Closed on
Mar 9, 1973
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Capitol Hill, WA
-
Chris Bierrum
-
Sheila Lair
Sheila Lair
Keller Williams Eastside
(206) 489-2912
33 Total Sales
1 in Capitol Hill
$475,000 Price
-
Meredith Laws
Meredith Laws
COMPASS
(206) 203-6433
28 Total Sales
1 in Capitol Hill
$598,995 Price
-
Rene Breen
Rene Breen
Coldwell Banker Bain
(425) 448-8957
87 Total Sales
1 in Capitol Hill
$259,900 Price
-
Denice Jentlie
Denice Jentlie
Windermere Prof Partners
(623) 745-2534
106 Total Sales
1 in Capitol Hill
$404,000 Price
-
Carrie Foley
Carrie Foley
COMPASS
(206) 237-5370
116 Total Sales
1 in Capitol Hill
$720,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $2,698,000 | First American | ||
| -- | Safeco Title Insurance | ||
| -- | Transamerica Title Ins Co |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $1,625,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/30/2015 09/30/15 | Sold | $2,700,000 | -15.6% | $354 / Sq Ft |
| 07/31/2015 07/31/15 | Pending | -- | -- | -- |
| 07/10/2015 07/10/15 | For Sale | $3,200,000 | -- | $420 / Sq Ft |
Source: Northwest Multiple Listing Service (NWMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $30,360 | $2,922,000 | $2,880,000 | $42,000 |
| 2024 | $30,098 | $3,128,000 | $2,880,000 | $248,000 |
| 2023 | $36,307 | $3,875,000 | $2,880,000 | $995,000 |
| 2022 | $34,396 | $3,870,000 | $2,664,000 | $1,206,000 |
| 2021 | $36,150 | $3,772,000 | $2,664,000 | $1,108,000 |
| 2020 | $33,502 | $3,773,000 | $2,880,000 | $893,000 |
| 2018 | $28,190 | $3,406,000 | $2,484,000 | $922,000 |
| 2017 | $26,294 | $2,862,000 | $1,764,000 | $1,098,000 |
| 2016 | $21,261 | $2,762,000 | $900,000 | $1,862,000 |
| 2015 | $17,672 | $2,169,000 | $900,000 | $1,269,000 |
| 2014 | -- | $1,838,000 | $900,000 | $938,000 |
| 2013 | -- | $1,672,000 | $900,000 | $772,000 |
Source: Public Records
Agents Affiliated with this Home
-
Dan Swanson
Seller's Agent in 2015
Dan Swanson
Kidder Mathews
(425) 444-6501
6 in this area
46 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 817089
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.
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. ©2026 NWMLS.
Based on information submitted to the MLS GRID
Listings courtesy of Northwest Multiple Listing Service (NWMLS) as distributed by MLS GRID
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