NOT LISTED FOR SALE
30 Beds
7 Baths
7,600 Sq Ft
0.27 Acres

Last Sold February 22, 2018

Last sale price $3,950,000 $520 Per Sq Ft

5 Days on Market

Highlights

  • 0.27 Acre Lot
  • Ceramic Tile Flooring
  • Wood Siding
  • Laurelhurst Elementary School Rated A-

About This Home

As of February 2018

Rare opportunity. Investors' dream. Two side by side rooming houses on desirable street in University D. on their own large lot. One is a legal duplex, both subdividable for future development , street to street lots. 15 bedrooms in each house, 30 total. always rented no vacancies . Tenants pay for all utilities. Seller is willing to sell them separately , but they must close simultaneously . Both of them have double garages on 20th Ave. Addresses 4724, and 4730.

Last Agent to Sell the Property

Tibor Kovacs

Home Realty License #29766 Listed on: 01/02/2018

Last Buyer's Agent

Tibor Kovacs

Home Realty License #29766 Listed on: 01/02/2018

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1229298

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,700

Year Built

  • Built in 1910

Lot Details

  • 0.27 Acre Lot
  • Property is in good condition

Home Design

  • Triplex
  • Poured Concrete
  • Built-Up Roof
  • Wood Siding

Interior Spaces

  • 7,600 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Parking

  • 6 Parking Spaces
  • 4 Covered Spaces
  • Open Parking

Schools

  • Adams Elementary School

Community Details

  • University District Subdivision

Listing and Financial Details

  • Assessor Parcel Number 8823901515

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,700

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1910
  • Buyer Agency Compensation: 1.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 7600
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 324

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Ceramic Tile, Carpet
  • Interior Amenities: Forced Air, Ceramic Tile, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Basement

Exterior Features

  • Roof: Built-Up
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Triplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Utilities: Sewer Connected, Electric
  • PowerCompany: seattle
  • WaterCompany: seattle
  • WaterSewerGarbage: 0

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 8823901515
  • Lot Size Acres: 0.2657
  • Lot Size Sq Ft: 11572
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: realist
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 21
  • LeasedItems: Furnace/Burner
  • TotalMonthlyIncome: 14550

Multi Family

  • Gross Scheduled Income: 174600
  • Net Operating Income: 142200
  • Number Of Units Total: 3
  • Insurance Expense: 2660
  • Leasable Area: 7600
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: true
  • VacancyRate: 0

Tax Info

  • Year: 2017
  • Tax Annual Amount: 16700

MLS Schools

  • Elementary School: Adams

Range of Values:

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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
02/22/2018 02/22/18 Sold $3,950,000 +5.3% $520 / Sq Ft
01/08/2018 01/08/18 Pending -- -- --
01/02/2018 01/02/18 For Sale $3,750,000 -- $493 / 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: 1229298

Northwest Multiple Listing Service (NWMLS)