Listed by Windermere Real Estate Midtown, Bought with KW Mountains to Sound Realty
$1,806,000
SOLD FEB 19, 2025
9 Beds
9 Baths
6,310 Sq Ft
5,000 Sq Ft Lot

Recently Sold

$286 Per Sq Ft

6% Above List Price

Highlights

  • City View
  • Deck
  • No HOA
  • B.F. Day Elementary School Rated A-
  • Corner Lot
  • Thermal Windows

About This Home

As of February 2025

Incredibly well-maintained 5-unit in the heart of Fremont with historically low vacancy rate and rental upside! Four large 2 bd/1.5 bth units and one 1 bd/1 bth unit averaging over 1,030 SF. All units feature in-unit W/D, dishwasher, dining area off kitchen, deck or patio, and off-street parking. The light filled units also have large rooms, tons of storage, and double pane windows. 3 of the 5 units have updated kitchens/bathrooms. Phenomenal location, on a bus line, and just blocks to Burke-Gilman Trail and the Center of the Universe! Excellent investment as-is -- plus the opportunity for an owner-user to occupy one unit while collecting income from the other four units. Please do not disturb tenants. Rents and expenses shown are actual.

Last Agent to Sell the Property

Lauren Hendricks

Windermere Real Estate Midtown License #83586 Listed on: 01/08/2025

Windermere Real Estate Midtown

Last Buyer's Agent

Tim McQuery

KW Mountains to Sound Realty License #16811

KW Mountains to Sound Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2320835

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,755

Year Built

  • Built in 1971

Lot Details

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

Property Views

  • City
  • Territorial

Home Design

  • Poured Concrete
  • Composition Roof
  • Built-Up Roof

Interior Spaces

  • 6,310 Sq Ft Home
  • 3-Story Property
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl Plank

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Bathrooms

Parking

  • 5 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Utilities

  • Baseboard Heating
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Fremont Subdivision

Listing and Financial Details

  • Legal Lot and Block 29 / 7
  • Assessor Parcel Number 1972200715

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,755

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1971
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 6310
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Total Bedrooms: 9
  • Fireplace: No
  • Flooring: Laminate, Vinyl Plank, Carpet
  • Interior Amenities: Laminate Tile, Wall to Wall Carpet
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: Storage,Thermal Windows

Exterior Features

  • Roof: Built-Up, Composition
  • View: City, Territorial
  • Lot Features: Corner Lot, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Construction Type: Concrete
  • Exterior Features: Cement/Concrete
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Multi Family

Garage/Parking

  • Carport Spaces: 4
  • Carport Y N: No
  • Open Parking: Yes
  • Total Parking Spaces: 5

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • PowerCompany: SCL
  • SewerCompany: SPU
  • WaterCompany: SPU

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 1972200715
  • Lot Size Acres: 0.1148
  • Lot Size Sq Ft: 5000
  • Zoning Description: Multi-Family
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,Gas Available,High Speed Internet,Patio
  • MLSLotSizeSource: KCR
  • ZoningJurisdiction: City
  • LotNumber: 29

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 11.18
  • LeasedItems: None
  • TotalMonthlyIncome: 12018

Tax Info

  • Year: 2024
  • Tax Annual Amount: 16755

Multi Family

  • Number Of Units Total: 5
  • Electric Expense: 192
  • EnergySource: Electric
  • UnitsBelowGrade: false
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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
02/19/2025 02/19/25 Sold $1,806,000 +6.2% $286 / Sq Ft
01/20/2025 01/20/25 Pending -- -- --
01/08/2025 01/08/25 For Sale $1,700,000 -- $269 / 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 $15,692 $1,605,000 $1,075,000 $530,000
2023 $16,810 $1,756,000 $1,075,000 $681,000
2022 $16,312 $1,971,000 $1,000,000 $971,000
2021 $17,185 $1,761,000 $1,000,000 $761,000
2020 $17,554 $1,769,000 $1,000,000 $769,000
2018 $15,186 $1,586,000 $925,000 $661,000
2017 $12,383 $1,528,000 $750,000 $778,000
2016 $10,659 $1,282,200 $650,000 $632,200
2015 -- $1,073,000 $550,000 $523,000
2014 -- $911,000 $475,000 $436,000
2013 -- $867,000 $425,000 $442,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2320835

Northwest Multiple Listing Service (NWMLS)