Listed by Lee & Associates Commercial RE
NOT LISTED FOR SALE

5208 21st Ave NE Seattle, WA 98105

University District Neighborhood
8 Beds
6 Baths
4,352 Sq Ft
5,050 Sq Ft Lot

Last Sold July 22, 2021

Last sale price $1,675,000 $385 Per Sq Ft

58 Days on Market

Highlights

  • Mountain View
  • Deck
  • Patio
  • Laurelhurst Elementary School Rated A-
  • Wood Flooring

About This Home

As of July 2021

Troy Apts is nestled on a residential street just south of Ravenna Park. Unique 1970’s building w a mansard roof consists of four 2 bed, 1.5 bath units. Avg over 1,000 sf in size, each spacious unit feats. private patio & balcony spaces, hard-surface parkay flooring, updated appliances & finishes. Add'l amenities incl off-street & covered parking & coin-op laundry. The top floor unit includes a bonus sunroom/office space, proven to be attractive for work-from-home setups. The building’s proximity to the UW, U-Village, UW Medicine and Seattle Children’s Hospital attracts a high-quality & stable tenant base. These well-maintained & spacious units are fully leased, providing investors a turn-key opportunity w future rent upside possibilities

Last Agent to Sell the Property

Dea Sumantri

Lee & Associates Commercial RE License #21001837 Listed on: 04/21/2021

Co-Listed By

Daniel Lim

Lee & Associates Commercial RE License #131121

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1761092

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,229

Year Built

  • Built in 1973

Lot Details

  • 5,050 Sq Ft Lot
  • Property is in good condition

Property Views

  • Mountain
  • Territorial

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Wood Composite

Interior Spaces

  • 4,352 Sq Ft Home
  • 4-Story Property

Flooring

  • Wood
  • Laminate

Parking

  • 4 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Schools

  • Laurelhurst Elementary School
  • Eckstein Mid Middle School
  • Roosevelt High School

Community Details

  • Ravenna Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7174800305

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,229

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1973
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 4352
  • EffectiveYearBuiltSource: Public Records
  • Special Features: VirtualTour

Interior Features

  • Fireplace: No
  • Flooring: Hardwood, Laminate
  • Interior Amenities: Hardwood, Laminate, Laminate Hardwood
  • Stories: 4
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry

Exterior Features

  • Roof: Flat
  • View: Mountain(s), Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement/Concrete, Wood Products
  • Property Condition: Good
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: No
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 5773

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Parcel Number: 7174800305
  • Lot Size Acres: 0.1159
  • Lot Size Sq Ft: 5050
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Patio
  • MLSLotSizeSource: King County Parcel Information
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 18
  • LeasedItems: None
  • TotalMonthlyIncome: 8212

Multi Family

  • Gross Scheduled Income: 97560
  • Net Operating Income: 70073
  • Number Of Units Total: 4
  • Insurance Expense: 1585
  • Leasable Area: 4352
  • EnergySource: Electric
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2021
  • Tax Annual Amount: 16229

MLS Schools

  • Elementary School: Laurelhurst

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2021
Closed on
Jul 21, 2021
Sold by
Romano Yehuda and Romano Tovi
Bought by
Wynsum Properties Llc
Seller's Agent
Dea Sumantri
Lee & Associates Commercial RE
List Price
$1,725,000
Sold Price
$1,675,000
Premium/Discount to List
-$50,000
-2.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,000
Outstanding Balance
$522,201
Interest Rate
2.96%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Jan 11, 2013
Closed on
Mar 20, 2013
Sold by
Raven Apartments Llc
Bought by
Romano Yehuda and Romano Tovi
Seller's Agent
Nick Upshaw
Windermere Real Estate Co.
List Price
$929,950
Sold Price
$920,000
Premium/Discount to List
-$9,950
-1.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.47%
Original Mortgage
$690,000
Interest Rate
3.49%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 25, 2002
Sold by
Maleanu Anatol and Meleanu Elena
Bought by
Raven Apartments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$663,750
Interest Rate
7.08%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 22, 1982
Sold by
Hasselberg Karen J
Bought by
Maleanu Anatol and Maleanu Elena
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Wynsum Properties Llc $1,675,000 First American Title
Romano Yehuda $920,000 Cw Title Co
Raven Apartments Llc $749,400 First American Title Ins Co
Maleanu Anatol $310,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wynsum Properties Llc $575,000
Previous Owner Romano Yehuda $690,000
Previous Owner Raven Apartments Llc $663,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2021 07/22/21 Sold $1,675,000 -2.9% $385 / Sq Ft
06/18/2021 06/18/21 Pending -- -- --
06/04/2021 06/04/21 For Sale $1,725,000 0.0% $396 / Sq Ft
05/28/2021 05/28/21 Pending -- -- --
04/21/2021 04/21/21 For Sale $1,725,000 +87.5% $396 / Sq Ft
03/29/2013 03/29/13 Sold $920,000 -1.1% $180 / Sq Ft
02/19/2013 02/19/13 Pending -- -- --
01/11/2013 01/11/13 For Sale $929,950 -- $182 / 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 $14,966 $1,525,000 $681,700 $843,300
2023 $14,675 $1,652,000 $681,700 $970,300
2022 $15,110 $1,707,000 $505,000 $1,202,000
2021 $16,949 $1,624,000 $505,000 $1,119,000
2020 $16,416 $1,743,000 $505,000 $1,238,000
2018 $14,580 $1,603,000 $505,000 $1,098,000
2017 $11,369 $1,464,000 $505,000 $959,000
2016 $9,819 $1,172,000 $479,700 $692,300
2015 $9,170 $984,000 $479,700 $504,300
2014 -- $941,000 $378,700 $562,300
2013 -- $876,000 $303,000 $573,000
Source: Public Records

Agents Affiliated with this Home

  • Dea Sumantri

    Seller's Agent in 2021

    Dea Sumantri

    Lee & Associates Commercial RE

    (206) 624-2424

    1 in this area

    27 Total Sales

    Dea Sumantri
    Section Image
  • Daniel Lim

    Seller Co-Listing Agent in 2021

    Daniel Lim

    Lee & Associates Commercial RE

    (206) 928-2311

    1 in this area

    31 Total Sales

    Daniel Lim
    Section Image

  • N

    Seller's Agent in 2013

    Nick Upshaw

    Windermere Corporate

    (206) 328-0889

    30 Total Sales

    Nick Upshaw
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1761092

Northwest Multiple Listing Service (NWMLS)

APN: 717480-0305

Washington King County Seattle 98105 University District

5208 21st Ave NE, Seattle, WA

This home is located at 5208 21st Ave NE, Seattle, WA 98105 since 21 April 2021. This property was built in 1973. 5208 21st 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

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