Listed by Lee & Associates Commercial RE, Bought with HomeSmart Real Estate Assoc
NOT LISTED FOR SALE
-- Bed
-- Bath
7,584 Sq Ft
0.28 Acres

Last Sold October 28, 2024

Last sale price $2,050,000 $270 Per Sq Ft

70 Days on Market

Highlights

  • 0.28 Acre Lot
  • No HOA
  • Baseboard Heating
  • Maple Elementary School Rated A-
  • Vinyl Plank Flooring

About This Home

As of October 2024

Well maintained and tastefully upgraded throughout current ownership, Tara has undergone some improvements over recent years. Featuring a desirable unit mix of twelve 1-bedrooms averaging 632 SF, renovations include new flooring, and kitchen cabinets and counter tops, in five of the twelve units, along with new bathroom cabinets and sinks in two of the twelve, ensuring higher comfort and functionality for current and future residents. Boasting a footprint of 12,230 SF, zoned NC1-55, and steps away from the brand new and currently under construction Mercer International Middle School, Tara Apartments offers significant future redevelopment potential. Positioned within the ever-growing and primely positioned Beacon Hill submarket.

Last Agent to Sell the Property

Chris Larsen

Lee & Associates Commercial RE License #21016669 Listed on: 06/10/2024

Co-Listed By

Dea Sumantri

Lee & Associates Commercial RE License #21001837

Last Buyer's Agent

Andrew Westhoff

HomeSmart Real Estate Assoc License #21005862

HomeSmart Real Estate Assoc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2250332

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $23,356

Year Built

  • Built in 1959

Lot Details

  • 0.28

Home Design

  • Flat Roof Shape
  • Block Foundation
  • Wood Composite

Interior Spaces

  • 7,584 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl Plank

Parking

  • 12 Parking Spaces
  • Open Parking

Schools

  • Maple Elementary School
  • Mercer Mid Middle School
  • Franklin High School

Additional Features

  • 0.28 Acre Lot
  • Baseboard Heating

Community Details

  • No Home Owners Association
  • Beacon Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3679400870

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$23,356

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1959
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 7584
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Fireplace: No
  • Flooring: Vinyl Plank, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: Basement

Exterior Features

  • Roof: Flat
  • Lot Features: Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: See Remarks, Wood Products
  • Foundation Details: Block
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking: Yes
  • Total Parking Spaces: 12

Utilities

  • Sewer: Sewer Connected
  • Water Source: Community
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • PowerCompany: Seattle City Light
  • SewerCompany: Public
  • WaterCompany: Water District

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Seattle
  • High School: Franklin High
  • Middle Or Junior School: Mercer Mid

Lot Info

  • Parcel Number: 3679400870
  • Lot Size Acres: 0.2808
  • Lot Size Sq Ft: 12230
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: County
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 12
  • LeasedItems: None
  • TotalMonthlyIncome: 16624

Tax Info

  • Year: 2024
  • Tax Annual Amount: 23356
  • AdditionalTaxIds: 3679400870

Multi Family

  • Number Of Units Total: 12
  • EnergySource: Electric
  • UnitsBelowGrade: false

MLS Schools

  • Elementary School: Maple
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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
10/28/2024 10/28/24 Sold $2,050,000 -13.7% $270 / Sq Ft
08/19/2024 08/19/24 Pending -- -- --
06/10/2024 06/10/24 For Sale $2,375,000 -- $313 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History

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
2024 $22,993 $2,255,000 $1,589,900 $665,100
2023 $23,356 $2,351,000 $1,589,900 $761,100
2022 $25,160 $2,774,000 $1,589,900 $1,184,100
2021 $25,472 $2,641,000 $1,589,900 $1,051,100
2020 $23,733 $2,551,000 $1,589,900 $961,100
2018 $15,121 $1,921,000 $1,223,000 $698,000
2017 $12,817 $1,436,000 $917,200 $518,800
2016 $10,140 $1,249,000 $794,900 $454,100
2015 $9,549 $947,000 $672,600 $274,400
2014 -- $916,000 $550,300 $365,700
2013 -- $827,000 $550,300 $276,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2250332

Northwest Multiple Listing Service (NWMLS)