NOT LISTED FOR SALE
7 Beds
5 Baths
4,898 Sq Ft
5,000 Sq Ft Lot

Last Sold March 12, 2018

Last sale price $2,025,000 $413 Per Sq Ft

12 Days on Market

About This Home

As of March 2018

The Strandt Apartments is a well maintained 7-unit apartment building with updates throughout. Situated in the very walkable and amenity rich Fremont neighborhood, the Strandt offers residents a residential feel with access to the employment centers of Fremont, South Lake
Union and Downtown Seattle. This property offers a buyer an opportunity to purchase a partially renovated building with rental upside in a fantastic location.

Co-Listed By

Eric Smith

Paragon Real Estate Advisors License #3434

Last Buyer's Agent

Lin Shen

Sea to Sky Realty License #26193

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1239722

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,880

Year Built

  • Built in 1912

Lot Details

  • 5,000 Sq Ft Lot

Home Design

  • Flat Roof Shape
  • Poured Concrete
  • Wood Siding

Interior Spaces

  • 4,898 Sq Ft Home
  • 2-Story Property

Parking

  • 6 Parking Spaces
  • Open Parking

Community Details

  • Fremont Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5694000580

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,880

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1912
  • Buyer Agency Compensation: 2
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 4898
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 286

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Flat
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Structure Type: Multi Family

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 7127

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 5694000580
  • Lot Size Acres: 0.1148
  • Lot Size: 4898
  • Lot Size Sq Ft: 5000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: County
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 18
  • LeasedItems: None
  • TotalMonthlyIncome: 9057

Multi Family

  • Gross Scheduled Income: 108684
  • Net Operating Income: 69935
  • Number Of Units Total: 7
  • Insurance Expense: 2958
  • Leasable Area: 4898
  • UnitsInBuildingTotal: 7
  • UnitsBelowGrade: false
  • VacancyRate: 2

Tax Info

  • Year: 2017
  • Tax Annual Amount: 13880

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 Change Sq Ft Price
03/12/2018 03/12/18 Sold $2,025,000 +1.3% $413 / Sq Ft
02/15/2018 02/15/18 Pending -- -- --
02/02/2018 02/02/18 For Sale $2,000,000 -- $408 / 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: 1239722

Northwest Multiple Listing Service (NWMLS)