NOT LISTED FOR SALE

5020 15th Ave NE Seattle, WA 98105

University District Neighborhood

Estimated Value: $5,121,000

-- Bed
-- Bath
4,047 Sq Ft
$1,265/Sq Ft Est. Value

Last Sold November 26, 2012

Last sale price $864,000 $213 Per Sq Ft

Est. 493% increase in value since last sale

Current estimated payment $33,154/month

76 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Wood Siding
  • Laurelhurst Elementary School Rated A-
  • Thermal Windows
  • 5-minute walk to Shiga's P-Patch Community Garden

About This Home

As of November 2012

Well Maintained U-District 4-plex, lots of charm and strong rent history, 4+ car alley parking. All 2 bedroom units include neat loft unit on 2 levels, coin operated laundry on lower level, unit 4 can be 3 bedrooms, 2 full bath unit. Lots to like in this appealing 6.6% cap rate property. Extra storage units on exterior for bikes, etc. Rainier Title Please and Escrow Professionals - closing.

Last Agent to Sell the Property

Dale Hicklin

Coldwell Banker Bain License #8702 Listed on: 07/17/2012

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 383832

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,258

Year Built

  • Built in 1924

Lot Details

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

Home Design

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

Interior Spaces

  • 4,047 Sq Ft Home
  • 4-Story Property
  • Thermal Windows

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • Open Parking

Schools

  • Eckstein Mid Middle School
  • Roosevelt High School

Additional Features

  • Deck
  • Cable TV Available

Community Details

  • University District Subdivision

Listing and Financial Details

  • Assessor Parcel Number 8823900970

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,258

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1924
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 4047
  • Special Features: VirtualTour
  • Cumulative Days on Market: 366

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Hardwood, Vinyl, Carpet
  • Interior Amenities: Hardwood, Wall to Wall Carpet
  • Stories: 4
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry,Thermal Windows

Exterior Features

  • Roof: Composition, Torch Down
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Quadruplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, Natural Gas Available, Sewer Connected, Electric
  • PowerCompany: Seattle City Light
  • SewerCompany: Combined Utility
  • WaterCompany: Combined Utility
  • WaterSewerGarbage: 3600

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Seattle
  • High School: Roosevelt High
  • Middle Or Junior School: Eckstein Mid

Lot Info

  • Parcel Number: 8823900970
  • Lot Size Acres: 0.0992
  • Lot Size Sq Ft: 4320
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Gas Available
  • ZoningClass: Multi-Family

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 12
  • LeasedItems: None
  • TotalMonthlyIncome: 6070

Multi Family

  • Gross Scheduled Income: 72800
  • Net Operating Income: 59500
  • Number Of Units Total: 4
  • Electric Expense: 360
  • Insurance Expense: 1250
  • Leasable Area: 4047
  • UnitsBelowGrade: true
  • VacancyRate: 5

Tax Info

  • Year: 2011
  • Tax Annual Amount: 5258

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 9, 2018
Sold by
Cld Properties Investment Llc
Bought by
The City Of Seattle
Current Estimated Value
$5,121,000

Purchase Details

Closed on
Feb 11, 2013
Sold by
Chen Xianxiang
Bought by
Cld Properties Investment Llc

Purchase Details

Listed on
Jul 17, 2012
Closed on
Nov 15, 2012
Sold by
Penning Leslee Susan
Bought by
Chen Xianxiang
Seller's Agent
Dale Hicklin
Coldwell Banker Bain
List Price
$895,000
Sold Price
$864,000
Premium/Discount to List
-$31,000
-3.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 31, 1997
Sold by
Lee Ven Tow and Lee Winifred H
Bought by
Penning Leslee Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
7.36%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
The City Of Seattle -- None Available
Cld Properties Investment Llc -- None Available
Chen Xianxiang $864,000 Rainier Title
Penning Leslee Susan $360,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cld Properties Investment Llc $1,850,000
Previous Owner Chen Xianxiang $400,000
Previous Owner Penning Leslee Susan $229,000
Previous Owner Penning Leslee Susan $252,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/26/2012 11/26/12 Sold $864,000 -3.5% $213 / Sq Ft
10/04/2012 10/04/12 Pending -- -- --
07/19/2012 07/19/12 For Sale $895,000 -- $221 / 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 $55,527 $5,952,000 $1,198,400 $4,753,600
2023 $54,612 $6,436,000 $1,198,400 $5,237,600
2022 $53,968 $6,641,000 $1,198,400 $5,442,600
2021 $54,230 $6,038,000 $1,198,400 $4,839,600
2020 $9,271 $5,758,300 $1,198,400 $4,559,900
2018 $9,554 $1,016,000 $799,200 $216,800
2017 $9,158 $947,000 $799,200 $147,800
2016 $8,385 $941,000 $691,200 $249,800
2015 -- $840,000 $626,400 $213,600
2014 -- $755,000 $475,200 $279,800
2013 -- $622,000 $475,200 $146,800
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2012

    Dale Hicklin

    Coldwell Banker Bain

See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 383832

Northwest Multiple Listing Service (NWMLS)

APN: 882390-0970

Washington King County Seattle 98105 University District

5020 15th Ave NE, Seattle, WA

This home is located at 5020 15th Ave NE, Seattle, WA 98105 since 17 July 2012 and is currently estimated at $5,121,000, approximately $1,265 per square foot. This property was built in 1924. 5020 15th Ave NE is a home located in King County with nearby schools including Laurelhurst Elementary School, Eckstein Middle School, and Roosevelt High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

Nearby Homes