NOT LISTED FOR SALE
3 Beds
6 Baths
8,913 Sq Ft
5,951 Sq Ft Lot

Sale Details

Date Sold: September 29, 2017

Last sale price $4,600,000 $516 Per Sq Ft

41 Days on Market

Highlights

  • Wood Flooring
  • Garfield High School Rated A
  • 3-minute walk to Broadway Hill Park

About This Home

As of September 2017

Normandy Arms is a 1930’s classic brick veneer building that has been well maintained by the long-term ownership group and is on the market for the first time in 25+ years. Located within blocks of the new Capitol Hill Light Rail Station this building offers secured access entry with intercom, a private courtyard, a common laundry room and 7 garage parking spaces. 7 Studio units and 9 1BD units. Potential exists to add up to 5 additional units to the garage and storage area. (Buyer to verify)

Co-Listed By

Eric Smith

Paragon Real Estate Advisors License #3434

Last Buyer's Agent

Collin Hagstrom

Westlake Associates, Inc. License #49398

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1089277

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $37,189

Year Built

  • Built in 1930

Lot Details

  • 5,951 Sq Ft Lot

Parking

  • 7 Covered Spaces

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Shake Roof

Interior Spaces

  • 8,913 Sq Ft Home
  • 3-Story Property

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Community Details

  • Capitol Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6851700160

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$37,189

Year Built

Built in 1930

Lot Details

5,951 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1930
  • Buyer Agency Compensation: 2
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • Structure Type: Multi Family
  • CalculatedSquareFootage: 8913
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Hardwood, Vinyl, Carpet
  • Interior Amenities: Hardwood, Wall to Wall Carpet
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry

Exterior Features

  • Roof: Cedar Shake
  • View: No
  • Waterfront: No
  • Exterior Features: Brick, See Remarks
  • Foundation Details: Poured Concrete

Garage/Parking

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

Utilities

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

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 6851700160
  • Lot Size Acres: 0.1366
  • Lot Size Sq Ft: 5951
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Landvision
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 17
  • LeasedItems: Washer/Dryer
  • TotalMonthlyIncome: 23528

Tax Info

  • Year: 2016
  • Tax Annual Amount: 37189

Multi Family

  • Number Of Units Total: 16
  • UnitsBelowGrade: true

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
Mar 13, 2017
Closed on
Sep 26, 2017
Sold by
Bought by
Buyer's Agent
Collin Hagstrom
Westlake Associates, Inc.
List Price
$5,000,000
Sold Price
$4,600,000
Premium/Discount to List
-$400,000
-8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,680,000
Interest Rate
0.0389%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 20, 1996
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$4,600,000 Fidelity National Title
-- --
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 $3,750,000
Closed $3,680,000
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
09/29/2017 09/29/17 Sold $4,600,000 -8.0% $516 / Sq Ft
04/24/2017 04/24/17 Pending -- -- --
03/13/2017 03/13/17 For Sale $5,000,000 -- $561 / 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 $45,170 $4,441,000 $1,785,300 $2,655,700
2024 $41,702 $4,415,000 $1,904,300 $2,510,700
2023 $51,125 $5,843,000 $1,904,300 $3,938,700
2022 $53,873 $6,179,000 $1,398,400 $4,780,600
2021 $66,042 $5,999,000 $1,398,400 $4,600,600
2020 $58,804 $7,002,000 $1,666,200 $5,335,800
2018 $40,212 $4,357,000 $1,160,400 $3,196,600
2017 $37,189 $4,134,000 $1,160,400 $2,973,600
2016 $30,582 $3,954,000 $654,600 $3,299,400
2015 -- $3,164,000 $654,600 $2,509,400
2014 -- $2,685,000 $654,600 $2,030,400
2013 -- $2,390,000 $654,600 $1,735,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1089277

Northwest Multiple Listing Service (NWMLS)
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