NOT LISTED FOR SALE
-- Bed
-- Bath
3,790 Sq Ft
4,320 Sq Ft Lot

Last Sold September 22, 2014

Last sale price $1,160,000 $306 Per Sq Ft

7 Days on Market

Highlights

  • Deck
  • Thermal Windows
  • Partially Fenced Property
  • Laurelhurst Elementary School Rated A-
  • Ceramic Tile Flooring
  • 4-minute walk to Shiga's P-Patch Community Garden

About This Home

As of September 2014

Located in the heart of Seattle's vibrant University District just one block off University Way and five blocks from the University of Washington campus, the U-District Five-Unit presents investors with the rare opportunity to own a well-built and impeccably maintained asset in a highly profitable area and stable apartment submarket minutes from Downtown Seattle. Strong occupancy and historically high appreciation make this turnkey building a very attract long-term investment.

Last Agent to Sell the Property

Dan Swanson

Kidder Mathews License #13533 Listed on: 08/15/2014

Last Buyer's Agent

Dan Swanson

Kidder Mathews License #13533 Listed on: 08/15/2014

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 684044

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,256

Year Built

  • Built in 1911

Lot Details

  • 4,320 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,790 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 5 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck

Community Details

  • University District Subdivision

Listing and Financial Details

  • Legal Lot and Block 21 / 6
  • Assessor Parcel Number 8823900980

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,256

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1911
  • Buyer Agency Compensation: 2%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3790
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 355

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Ceramic Tile, Vinyl, Carpet
  • Interior Amenities: Ceramic Tile, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Basement,Coin Op Laundry,Thermal Windows

Exterior Features

  • Roof: Composition
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Slab
  • Structure Type: Multi Family

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Community, Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: Seattle City Light
  • SewerCompany: Seattle Public Utilities
  • WaterCompany: Seattle Public Utilities
  • WaterSewerGarbage: 5704

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 8823900980
  • Lot Size Acres: 0.0992
  • Lot Size Sq Ft: 4320
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Fenced-Partially
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family
  • LotNumber: 21

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 7020

Multi Family

  • Gross Scheduled Income: 84242
  • Net Operating Income: 56256
  • Number Of Units Total: 5
  • Insurance Expense: 1593
  • Leasable Area: 3790
  • UnitsInBuildingTotal: 5
  • UnitsBelowGrade: true
  • VacancyRate: 4

Tax Info

  • Year: 2014
  • Tax Annual Amount: 8256

Range of Values:

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List 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
09/22/2014 09/22/14 Sold $1,160,000 +0.9% $306 / Sq Ft
08/26/2014 08/26/14 Pending -- -- --
08/18/2014 08/18/14 For Sale $1,150,000 -- $303 / 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: 684044

Northwest Multiple Listing Service (NWMLS)

APN: 882390-0980