Listed by Westlake Associates, Inc., Bought with Paragon Real Estate Advisors
NOT LISTED FOR SALE
10 Beds
6 Baths
6,450 Sq Ft
4,900 Sq Ft Lot

Last Sold October 25, 2017

Last sale price $2,975,000 $461 Per Sq Ft

20 Days on Market

Highlights

  • Wood Siding
  • West Woodland Elementary School Rated A
  • Wall to Wall Carpet

About This Home

As of October 2017

Charming 8-unit building located between the Phinney Ridge and Fremont neighborhoods. Well designed with great street appeal, this building offers significant rental upside. Each two-story townhouse style unit offers washer and dryer in unit, one secured garage parking space, tenant storage unit and a private patio or balcony. The upper units have nice views.

Last Agent to Sell the Property

Chad Martini

Westlake Associates, Inc. License #118627 Listed on: 08/08/2017

Co-Listed By

David Petersen

Westlake Associates, Inc. License #7352

Last Buyer's Agent

Brian Platt

Paragon Real Estate Advisors License #85375

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1175368

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,483

Year Built

  • Built in 1988

Lot Details

  • 4,900 Sq Ft Lot

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 6,450 Sq Ft Home
  • 3-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 8 Parking Spaces
  • 8 Covered Spaces

Community Details

  • Phinney Ridge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0850000176

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,483

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1988
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 6450
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet, Laminate Hardwood
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Storage

Exterior Features

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

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 8
  • Open Parking: No
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 10615

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 0850000176
  • Lot Size Acres: 0.1125
  • Lot Size Sq Ft: 4900
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Landvision
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 15
  • LeasedItems: None
  • TotalMonthlyIncome: 12700

Multi Family

  • Gross Scheduled Income: 152400
  • Net Operating Income: 104617
  • Number Of Units Total: 8
  • Insurance Expense: 3263
  • Leasable Area: 6450
  • UnitsInBuildingTotal: 8
  • UnitsBelowGrade: false
  • VacancyRate: 2

Tax Info

  • Year: 2017
  • Tax Annual Amount: 16483

Range of Values:

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Average Value
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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
10/25/2017 10/25/17 Sold $2,975,000 +24.0% $461 / Sq Ft
08/29/2017 08/29/17 Pending -- -- --
08/08/2017 08/08/17 For Sale $2,400,000 -- $372 / 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: 1175368

Northwest Multiple Listing Service (NWMLS)