525 E Roy St Seattle, WA 98102
Capitol Hill NeighborhoodEstimated payment $19,131/month
Highlights
- Lake View
- Corner Lot
- Thermal Windows
- Garfield High School Rated A
- No HOA
- 2-minute walk to Tashkent Park
About This Home
Excellent corner-lot Capitol Hill location within blocks of the Harvard-Belmont Landmark District, and walking distance to Downtown, South Lake Union, Volunteer Park, Cal Anderson Park, and the trendy retail corridors of Broadway, Pike/Pine, and 15th Ave E. Turnkey opportunity with stable occupancy and a 6.0% cap rate and 10.1 GRM. Walker’s Paradise Walk Score of 90 - incredible walking access to an abundance of restaurants, shops, grocery stores, parks, Link light rail station, and multiple bus routes. Upside potential - likely opportunity to raise rents to market levels and increase charges for parking and utility bill-backs to achieve a 6.5% cap rate and 9.5 GRM. Parking spaces for 6 vehicles. Excellent unit mix featuring five 2-bed/1-bath units, five 1-bed/1-bath units, and one studio unit - average square footage of 684. Substantial building upgrades including major plumbing and electrical updates to most units, bathroom improvements to more than half of the units, dishwashers and updated kitchens in the two-bed units, and in-unit laundry in 9 of the 11 units. Desirable features including updated windows, secured entry, spacious floor plans with dining areas and large closets, scenic views from select units, and a common laundry room with 10 storage lockers.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2524172
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $29,552
Year Built
- Built in 1957
Lot Details
- 5,520 Sq Ft Lot
- Gated Home
- Partially Fenced Property
- Corner Lot
Property Views
- Lake
- City
- Limited
Home Design
- Flat Roof Shape
- Metal Construction or Metal Frame
- Vinyl Construction Material
Interior Spaces
- 9,986 Sq Ft Home
- 3-Story Property
- Thermal Windows
Bedrooms and Bathrooms
- 15 Bedrooms
- 11 Bathrooms
Schools
- Lowell Elementary School
- Meany Mid Middle School
- Garfield High School
Utilities
- Baseboard Heating
Community Details
- No Home Owners Association
- Capitol Hill Subdivision
Listing and Financial Details
- Assessor Parcel Number 6848200380
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $29,552 | $2,851,000 | $1,656,000 | $1,195,000 |
| 2024 | $28,004 | $2,914,000 | $1,766,400 | $1,147,600 |
| 2023 | $33,525 | $3,609,000 | $1,766,400 | $1,842,600 |
| 2022 | $33,959 | $3,999,000 | $1,352,400 | $2,646,600 |
| 2021 | $37,470 | $3,510,000 | $1,352,400 | $2,157,600 |
| 2020 | $33,939 | $3,924,000 | $1,600,800 | $2,323,200 |
| 2018 | $27,014 | $2,872,000 | $1,104,000 | $1,768,000 |
| 2017 | $22,887 | $2,746,000 | $1,104,000 | $1,642,000 |
| 2016 | $16,797 | $2,400,000 | $662,400 | $1,737,600 |
| 2015 | -- | $1,715,000 | $607,200 | $1,107,800 |
| 2014 | -- | $1,516,000 | $607,200 | $908,800 |
| 2013 | -- | $1,431,000 | $607,200 | $823,800 |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $68,982 | None Available | |
| Warranty Deed | $284,200 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $500,000 | Future Advance Clause Open End Mortgage | |
| Closed | $500,000 | Commercial |
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2524172
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Based on information submitted to the MLS GRID
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Ask me questions while you tour the home.