Listed by Windermere West Metro, Bought with Medawar Real Estate
NOT LISTED FOR SALE
-- Bed
-- Bath
6,780 Sq Ft
6,000 Sq Ft Lot

Last Sold April 08, 2024

Last sale price $1,900,000 $280 Per Sq Ft

123 Days on Market

About This Home

As of April 2024

Location is everything. Located in the Alaska Junction just a 1/2 block from the main street. Nice and quiet location with assigned parking and all the restaurants and shopping right out your door. Makes for easy renting and great rental rates. Gas fireplaces & Washer/Dryers in all units Lower unit could be a great owners unit with a fenced in yard. 5 covered parking & 2 uncovered. All tenants have been served notice of rent increase bringing income to $147,840 4/1/2024

Last Agent to Sell the Property

Bill Reid

Windermere West Metro License #18500 Listed on: 08/28/2023

Windermere West Metro

Last Buyer's Agent

Chris Medawar

Medawar Real Estate License #21034366

Medawar Real Estate

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2155977

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,697

Year Built

  • Built in 1994

Lot Details

  • 6,000 Sq Ft Lot

Home Design

  • Flat Roof Shape
  • Poured Concrete
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 6,780 Sq Ft Home
  • 3-Story Property

Parking

  • 7 Parking Spaces
  • Open Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association
  • Alaska Junction Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7904700141

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,697

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1994
  • Buyer Agency Compensation: 2..5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 6780
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition, Flat
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Metal/Vinyl
  • Foundation Details: Poured Concrete
  • Structure Type: Multi Family

Garage/Parking

  • Carport Spaces: 5
  • Carport Y N: No
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 7
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Other – See Remarks, Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: Seattle City Light
  • SewerCompany: SPU
  • WaterCompany: SPU
  • WaterSewerGarbage: 14831

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 7904700141
  • Lot Size Acres: 0.1377
  • Lot Size Sq Ft: 6000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Builder permitted plan
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • GrossRentMultiplier: 17.85
  • LeasedItems: None
  • TotalMonthlyIncome: 12900

Multi Family

  • Gross Scheduled Income: 131580
  • Net Operating Income: 91064
  • Number Of Units Total: 7
  • Insurance Expense: 2720
  • Leasable Area: 5933
  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 7
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2022
  • Tax Annual Amount: 15697

Range of Values:

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Average Value
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List Price
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 List to Sale Price per Sq Ft
04/08/2024 04/08/24 Sold $1,900,000 -19.1% $280 / Sq Ft
12/29/2023 12/29/23 Pending -- -- --
08/28/2023 08/28/23 For Sale $2,350,000 -- $347 / Sq Ft
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: 2155977

Northwest Multiple Listing Service (NWMLS)