Listed by Kidder Mathews, Bought with Windermere RE/Capitol Hill,Inc
NOT LISTED FOR SALE
9 Beds
5 Baths
3,648 Sq Ft
4,800 Sq Ft Lot

Last Sold December 19, 2014

Last sale price $961,000 $263 Per Sq Ft

23 Days on Market

Highlights

  • Thermal Windows
  • Patio
  • Wood Siding
  • Stevens Elementary School Rated A-
  • Partially Fenced Property
  • Wall to Wall Carpet

About This Home

As of December 2014

The Tiltsonian Apartments/developable land site has been owned and operated by Capitol Hill Housing since 1990, and is not subject to any restrictions going forward. The parcel covers 4,800 square feet of land zoned LR2. The Capitol hill neighborhood offers one of the lowest vacancy rates in the Puget Sound. All income is Pro Forma and building will be sold vacant. Property tours are 10/2 10:00am to 12:00 pm. And 10/7 1:30 pm to 3:30 pm.

Last Agent to Sell the Property

Dan Swanson

Kidder Mathews License #13533 Listed on: 09/23/2014

Last Buyer's Agent

Michael Harris

Windermere RE/Capitol Hill,Inc License #50287

Windermere RE/Capitol Hill,Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 698831

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,704

Year Built

  • Built in 1913

Lot Details

  • 4,800 Sq Ft Lot
  • Partially Fenced Property
  • Sprinkler System
  • Value in Land

Home Design

  • Poured Concrete
  • Bitumen Roof
  • Wood Siding

Interior Spaces

  • 3,648 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Vinyl

Outdoor Features

  • Patio
  • Outbuilding

Schools

  • Stevens Elementary School

Community Details

  • Tiltsonian Apartments Condos
  • Capitol Hill Subdivision

Listing and Financial Details

  • Legal Lot and Block 1 / 1
  • Assessor Parcel Number 8141200005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,704

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1913
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Tiltsonian Apartments
  • New Construction: No
  • CalculatedSquareFootage: 3648
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

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

Exterior Features

  • Roof: Torch Down
  • Lot Features: Alley, Curbs, Paved, Sidewalk, Value In Land
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking: No

Utilities

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

Schools

  • Junior High Dist: Seattle
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 8141200005
  • Lot Size Acres: 0.1102
  • Lot Size Sq Ft: 4800
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially,Outbuildings,Patio,Sprinkler System
  • MLSLotSizeSource: Public Records
  • ZoningClass: Multi-Family
  • LotNumber: 1

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 9
  • LeasedItems: None
  • TotalMonthlyIncome: 7650

Tax Info

  • Year: 2014
  • Tax Annual Amount: 7704

Multi Family

  • Number Of Units Total: 5
  • UnitsBelowGrade: true

MLS Schools

  • Elementary School: Stevens

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
12/19/2014 12/19/14 Sold $961,000 +6.8% $263 / Sq Ft
10/17/2014 10/17/14 Pending -- -- --
09/23/2014 09/23/14 For Sale $900,000 -- $247 / 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 $14,127 $1,462,000 $1,440,000 $22,000
2023 $14,955 $1,643,000 $1,440,000 $203,000
2022 $15,808 $1,769,000 $1,128,000 $641,000
2021 $18,865 $1,727,000 $1,128,000 $599,000
2020 $17,423 $1,970,000 $1,296,000 $674,000
2018 $14,881 $1,652,000 $816,000 $836,000
2017 $12,287 $1,512,000 $720,000 $792,000
2016 $10,302 $1,287,000 $384,000 $903,000
2015 $317 $1,049,000 $336,000 $713,000
2014 -- $752,000 $336,000 $416,000
2013 -- $735,000 $336,000 $399,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 698831

Northwest Multiple Listing Service (NWMLS)