NOT LISTED FOR SALE
-- Bed
-- Bath
-- Sq Ft
5,000 Sq Ft Lot

Last Sold February 16, 2024

Last sale price $1,493,000

8 Days on Market

Highlights

  • Deck
  • Corner Lot
  • Patio
  • B.F. Day Elementary School Rated A-
  • No HOA
  • Baseboard Heating

About This Home

As of February 2024

People love living in Wallingford! To own a solid MF property in such a strong, desirable location is a steal! The Whitman is a strong value-add opportunity. Current operations are profitable, with a significant potential for increased income. By adjusting rental rates and lowering operating expenses to align with the market, a new operator could likely boost income by approximately 35%. Residents love the central location, with convenient access to downtown Seattle, South Lake Union, and the Eastside, while living in a peaceful residential setting that offers an array of local amenities. Outdoor recreational venues in the immediate vicinity incl Gasworks Park, the Woodland Park Zoo, The Woodland Park and Green Lake Trail.

Last Agent to Sell the Property

Nancy Chapin

Windermere R E Mount Baker License #79403 Listed on: 11/14/2023

Windermere R E Mount Baker

Last Buyer's Agent

Si Yi

RSVP Brokers ERA License #86072

RSVP Brokers ERA

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2179778

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,138

Year Built

  • Built in 1972

Lot Details

  • 5,000 Sq Ft Lot
  • Partially Fenced Property
  • Corner Lot
  • Property is in average condition

Home Design

  • Flat Roof Shape
  • Poured Concrete
  • Wood Siding
  • Stone Siding

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 9 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Additional Features

  • 2-Story Property
  • Baseboard Heating

Community Details

  • No Home Owners Association
  • Wallingford Subdivision

Listing and Financial Details

  • Assessor Parcel Number 469401135

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,138

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1972
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 0
  • Special Features: None
  • Cumulative Days on Market: 279

Interior Features

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

Exterior Features

  • Roof: Flat
  • Lot Features: Corner Lot, Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Stone, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Average
  • Structure Type: Multi Family

Garage/Parking

  • Carport Spaces: 3
  • Carport Y N: No
  • Open Parking Spaces: 6
  • Open Parking: Yes
  • Total Parking Spaces: 9
  • ParkingUncoveredSpaces: 6

Utilities

  • Sewer: Sewer Connected
  • Security: FullyFenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • PowerCompany: Seattle City Light
  • SewerCompany: City of Seattle
  • WaterCompany: City of Seattle
  • WaterSewerGarbage: 10801

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Seattle
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 469401135
  • Lot Size Acres: 0.1148
  • Lot Size Sq Ft: 5000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Fenced-Partially,Patio
  • MLSLotSizeSource: KCR
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 13.88
  • LeasedItems: None
  • TotalMonthlyIncome: 9011

Multi Family

  • Gross Scheduled Income: 107280
  • Net Operating Income: 54195
  • Number Of Units Total: 5
  • Electric Expense: 250
  • Insurance Expense: 4142
  • Leasable Area: 4462
  • EnergySource: Electric
  • UnitsInBuildingTotal: 5
  • UnitsBelowGrade: true
  • VacancyRate: 5

Tax Info

  • Year: 2023
  • Tax Annual Amount: 15138

MLS Schools

  • Elementary School: Buyer To Verify

Range of Values:

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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
02/16/2024 02/16/24 Sold $1,493,000 +0.2% --
11/22/2023 11/22/23 Pending -- -- --
11/14/2023 11/14/23 For Sale $1,490,000 -- --
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: 2179778

Northwest Multiple Listing Service (NWMLS)