Listed by Paragon Real Estate Advisors
NOT LISTED FOR SALE
2 Beds
6 Baths
14,390 Sq Ft
0.28 Acres

Last Sold October 22, 2015

Last sale price $6,250,000 $434 Per Sq Ft

20 Days on Market

About This Home

As of October 2015

Offered for the first time ever! Family owned by original builder, with features not typically seen in apartments. Meticulously maintained and upgraded, a true pride of ownership gem. Many units have stunning views. The building is located with easy access to Downtown. Rare opportunity to purchase a high-quality in-city asset with significant rental upside. This investment is in a prime position to offer a new owner an attractive return while enjoying a lovingly-cared-for turn-key building.

Last Agent to Sell the Property

Cathy Jeney

Paragon Real Estate Advisors License #18893 Listed on: 08/10/2015

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 832210

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $33,420

Year Built

  • Built in 1957

Lot Details

  • 0.28

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Wood Composite

Interior Spaces

  • 14,390 Sq Ft Home
  • 3-Story Property

Parking

  • 17 Parking Spaces
  • Open Parking

Additional Features

  • 0.28 Acre Lot
  • Natural Gas Connected

Community Details

  • Queen Anne Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1689400845

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$33,420

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1957
  • Buyer Agency Compensation: 1.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 14390
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Interior Amenities: Hot Water Recirc Pump
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Flat
  • View: No
  • Waterfront: No
  • Exterior Features: Brick, Wood Products
  • Structure Type: Multi Family

Garage/Parking

  • Carport Spaces: 4
  • Carport Y N: No
  • Open Parking Spaces: 13
  • Open Parking: Yes
  • Total Parking Spaces: 17
  • ParkingUncoveredSpaces: 13

Utilities

  • Sewer: Sewer Connected
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Natural Gas Connected
  • WaterSewerGarbage: 21991

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 1689400845
  • Lot Size Acres: 0.2755
  • Lot Size Sq Ft: 12000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: county
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 18
  • LeasedItems: None
  • TotalMonthlyIncome: 29090

Multi Family

  • Gross Scheduled Income: 349080
  • Net Operating Income: 227361
  • Number Of Units Total: 24
  • Insurance Expense: 6112
  • Leasable Area: 14390
  • UnitsInBuildingTotal: 24
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2015
  • Tax Annual Amount: 33420

Range of Values:

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List Price
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 List to Sale Price per Sq Ft
10/22/2015 10/22/15 Sold $6,250,000 0.0% $434 / Sq Ft
08/31/2015 08/31/15 Pending -- -- --
08/10/2015 08/10/15 For Sale $6,250,000 -- $434 / 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: 832210

Northwest Multiple Listing Service (NWMLS)