Listed by RE/MAX Metro Realty, Inc., Bought with Bel-Red Realty Service
NOT LISTED FOR SALE

4558 17th Ave NE Seattle, WA 98105

University District Neighborhood

Estimated Value: $2,082,581 - $2,285,000

-- Bed
-- Bath
5,520 Sq Ft
$396/Sq Ft Est. Value

Last Sold March 08, 2022

Last sale price $2,092,500 $379 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $12,981/month

4 Days on Market

Highlights

  • Territorial View
  • Corner Lot
  • Property is in very good condition
  • Laurelhurst Elementary School Rated A-
  • No HOA
  • Wood Siding

About This Home

As of March 2022

Rarely available 5,520 sq ft Sorority Annex House on corner lot in heart of UW Greek Row! Impeccably maintained 10 bedroom mid century structure with large open spaces. Huge bunk room, multiple storage areas and oversized existing bedrooms could easily convert to make additional bedrooms. New roof & boiler heating system, consistent maintenance history. Separate entries, 5.75 baths, good ceiling height on lower level. LR3(M) zoning on 4,320 sq ft lot could set up well for multi-family conversion or other development opportunities. Add another story? Rent it as is, landbank and develop down the road or customize to make this a trophy income property in an unparalleled location. Opportunities like these don't come along often - don't miss it!

Last Agent to Sell the Property

Kevin Harasimowicz

RE/MAX Metro Realty, Inc. License #102801 Listed on: 01/10/2022

RE/MAX Metro Realty, Inc.

Last Buyer's Agent

Qiuying Bai

Bel-Red Realty Service License #127359

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1874791

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,626

Year Built

  • Built in 1955

Lot Details

  • 4,320 Sq Ft Lot
  • Corner Lot
  • Property is in very good condition

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete
  • Wood Siding

Interior Spaces

  • 5,520 Sq Ft Home
  • 2-Story Property
  • Wall to Wall Carpet
  • Territorial Views

Community Details

  • No Home Owners Association
  • University District Subdivision

Listing and Financial Details

  • Assessor Parcel Number 8823902670

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,626

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1955
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 5520
  • EffectiveYearBuiltSource: Public Records
  • SOCComments: Pi Phi Annex House
  • Special Features: None

Interior Features

  • Fireplace: No
  • Flooring: Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Basement,See Remarks

Exterior Features

  • Roof: Flat, See Remarks
  • View: Territorial
  • Lot Features: Alley, Corner Lot, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Brick, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking: No

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Natural Gas Available, Sewer Connected, Natural Gas Connected
  • PowerCompany: Seattle City Light
  • SewerCompany: City of Seattle
  • WaterCompany: City of Seattle

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Fee Information

  • Annual Fuel Expense: 100

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 8823902670
  • Lot Size Acres: 0.0992
  • Lot Size Sq Ft: 4320
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Gas Available
  • MLSLotSizeSource: KCR
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 11000

Tax Info

  • Year: 2021
  • Tax Annual Amount: 15626

Multi Family

  • Number Of Units Total: 1
  • Electric Expense: 100
  • EnergySource: Natural Gas
  • UnitsBelowGrade: true

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2022
Closed on
Feb 28, 2022
Sold by
Pi Beta Phi Association
Bought by
Nwp Property Llc
Seller's Agent
Kevin Harasimowicz
RE/MAX Metro Realty, Inc.
Buyer's Agent
Qiuying Bai
Bel-Red Realty Service
List Price
$1,895,000
Sold Price
$2,092,500
Premium/Discount to List
$197,500
10.42%
Current Estimated Value
$2,183,791

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,291
Avg. Annual Appreciation
1.18%
Source: Public Records

Range of Values:

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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

Purchase History

Date Buyer Sale Price Title Company
Nwp Property Llc $2,092,500 First American Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/08/2022 03/08/22 Sold $2,092,500 +10.4% $379 / Sq Ft
01/14/2022 01/14/22 Pending -- -- --
01/10/2022 01/10/22 For Sale $1,895,000 -- $343 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

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 $18,610 $1,935,900 $1,209,600 $726,300
2023 $16,419 $2,005,900 $1,209,600 $796,300
2022 $14,790 $1,936,000 $1,209,600 $726,400
2021 $15,626 $1,600,100 $1,209,600 $390,500
2020 $13,116 $1,611,800 $1,209,600 $402,200
2018 $10,143 $1,212,000 $799,200 $412,800
2017 $9,133 $1,008,600 $799,200 $209,400
2016 $8,994 $938,300 $691,200 $247,100
2015 $8,766 $904,200 $626,400 $277,800
2014 -- $904,200 $475,200 $429,000
2013 -- $904,200 $475,200 $429,000
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2022

    Kevin Harasimowicz

    RE/MAX

    (206) 910-5288

    1 in this area

    61 Total Sales

    Kevin Harasimowicz
    Section Image
  • Qiuying Bai

    Buyer's Agent in 2022

    Qiuying Bai

    Bel-Red Realty Service

    (425) 985-9686

    6 in this area

    35 Total Sales

    Qiuying Bai
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1874791

Northwest Multiple Listing Service (NWMLS)

APN: 882390-2670

Washington King County Seattle 98105 University District

4558 17th Ave NE, Seattle, WA

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Based on information submitted to the MLS GRID

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