Listed by COMPASS, Bought with Windermere RE/Capitol Hill,Inc
NOT LISTED FOR SALE

Estimated Value: $1,303,000 - $2,125,272

4 Beds
3 Baths
2,996 Sq Ft
$555/Sq Ft Est. Value

Last Sold February 25, 2020

Last sale price $2,000,000 $668 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $9,689/month

Highlights

  • City View
  • Softwood Flooring
  • Wood Siding
  • Garfield High School Rated A
  • Partially Fenced Property
  • 2-minute walk to Broadway Hill Park

About This Home

As of February 2020

Old world charm is mixed with all the luxuries of a modern apartment in this completely renovated and updated one bedroom/one bath luxury unit. Located on the main floor of a four-plex in the heart of Capitol Hill, high-end finishes run throughout the unit including stainless steel appliances, granite counter tops, stained doors and cabinets, dual sink vanity, large walk-in closet, extra storage, washer/dryer in unit, and hardwoods. With over 1,200 SF of living space, 11-foot ceilings and large windows, light floods through this spacious unit. Enjoy expanded living space with a backyard. 2 off-street parking reserved spots. Unparalleled access to Seattle University, UW, South Lake Union, Downtown. With a Walk Score of 97, you can enjoy easy access to a variety of grocery stores, restaurants, gyms, the Capitol Hill light rail station, and Volunteer Park. The Arboretum is approximately 2 miles away.

Lease Terms
•Base Rent $2,750/month
•$100 per person per month for utilities (water/sewer/gas/trash); electric is renter's responsibility)
•9 - 18 month lease
•First/last/$1,500 security deposit due upon signing lease
•No-smoking
•Pets allowed on a case-by-case basis
•Parking available at $150/month
•Application qualifications – Income at 3x rent and credit score above 750

Last Agent to Sell the Property

Benjamin Chotzen

COMPASS License #4313 Listed on: 02/25/2020

COMPASS

Last Buyer's Agent

Ann Tabasinske

Windermere RE/Capitol Hill,Inc License #9861

Windermere RE/Capitol Hill,Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1569545

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,734

Year Built

  • Built in 1910 | Remodeled

Lot Details

  • 4,000 Sq Ft Lot
  • Lot Dimensions are 40 x 100
  • Partially Fenced Property

Property Views

  • City
  • Mountain
  • Territorial

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,996 Sq Ft Home
  • 3-Story Property

Flooring

  • Softwood
  • Wall to Wall Carpet
  • Ceramic Tile

Parking

  • 2 Parking Spaces
  • Open Parking

Schools

  • Seattle Public Sch Elementary And Middle School
  • Seattle Public Sch High School

Utilities

  • Cable TV Available

Community Details

  • Lincoln Pontius Add Condos
  • Capitol Hill Subdivision

Listing and Financial Details

  • Legal Lot and Block Part of 3 and Part of 4 / 18
  • Assessor Parcel Number 6852700066

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,734

Year Built

Built in 1910 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1910
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Lincoln Pontius Add
  • New Construction: No
  • CalculatedSquareFootage: 2996
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Ceramic Tile, Softwood, Carpet
  • Interior Amenities: Ceramic Tile, Fir/Softwood, Wall to Wall Carpet
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: City, Mountain(s), Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Remodeled
  • Structure Type: Quadruplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Natural Gas Available, Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: Seattle Public Utilities
  • SewerCompany: Seattle Public Utilities
  • WaterCompany: Seattle Public Utilities
  • WaterSewerGarbage: 3000

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Seattle
  • High School: Seattle Public Sch
  • Middle Or Junior School: Seattle Public Sch

Lot Info

  • Parcel Number: 6852700066
  • Lot Size Acres: 0.0918
  • Lot Size: 40 x 100
  • Lot Size Sq Ft: 4000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,Gas Available
  • MLSLotSizeSource: King County Records
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family
  • LotNumber: Part of 3 and Part of 4

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 21
  • LeasedItems: None
  • TotalMonthlyIncome: 8140

Multi Family

  • Gross Scheduled Income: 97680
  • Net Operating Income: 81012
  • Number Of Units Total: 4
  • Electric Expense: 1730
  • Insurance Expense: 1408
  • Leasable Area: 2996
  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: true
  • VacancyRate: 0

Tax Info

  • Year: 2018
  • Tax Annual Amount: 8734

MLS Schools

  • Elementary School: Seattle Public Sch

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2020
Closed on
Feb 21, 2020
Sold by
Brown Jeffrey D and Brown Stacy Caiarelli
Bought by
Yeo Roxanne S and Alworth Samuel V
Seller's Agent
Benjamin Chotzen
COMPASS
Buyer's Agent
Ann Tabasinske
Windermere RE/Capitol Hill,Inc
List Price
$2,000,000
Sold Price
$2,000,000
Current Estimated Value
$1,662,068

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$337,932
Avg. Annual Appreciation
-3.21%
Original Mortgage
$800,000
Outstanding Balance
$708,344
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$953,724

Purchase Details

Closed on
Dec 24, 2007
Sold by
Keck Warren E
Bought by
Brown Jeffrey D and Brown Stacy Caiarelli

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 15, 2004
Sold by
Lund George A
Bought by
Keck Warren E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 5, 1999
Sold by
Phillips Wendell J and Phillips Kathleen S
Bought by
Lund George A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.33%
Source: Public Records

Range of Values:

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Average Value
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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

Purchase History

Date Buyer Sale Price Title Company
Yeo Roxanne S $2,000,000 First American Title
Brown Jeffrey D $624,000 Transnation Ti
Keck Warren E $555,000 Transnation Ti
Lund George A $229,500 Pacific Northwest Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yeo Roxanne S $800,000
Previous Owner Brown Jeffrey D $468,000
Previous Owner Keck Warren E $333,000
Previous Owner Lund George A $100,000
Closed Keck Warren E $166,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/08/2024 10/08/24 Off Market $2,995 -- --
10/01/2024 10/01/24 For Rent $2,995 0.0% --
02/25/2020 02/25/20 Sold $2,000,000 0.0% $668 / Sq Ft
02/25/2020 02/25/20 For Sale $2,000,000 -- $668 / 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 $11,666 $1,187,000 $1,068,000 $119,000
2023 $10,857 $1,123,000 $1,018,000 $105,000
2022 $9,549 $1,128,000 $635,000 $493,000
2021 $9,392 $1,012,000 $547,000 $465,000
2020 $9,561 $947,000 $513,000 $434,000
2018 $8,734 $1,037,000 $527,000 $510,000
2017 $6,961 $865,000 $450,000 $415,000
2016 $6,296 $707,000 $375,000 $332,000
2015 $5,491 $623,000 $348,000 $275,000
2014 -- $554,000 $268,000 $286,000
2013 -- $505,000 $383,000 $122,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1569545

Northwest Multiple Listing Service (NWMLS)

APN: 685270-0066