$1,100,000
SOLD AUG 1, 2025
4 Beds
2.5 Baths
2,176 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$506 Per Sq Ft

19 Days on Market

Highlights

  • Balcony
  • Property is near shops
  • Hot Water Heating System
  • Storm Windows
  • Hot Water Circulator
  • Level Lot

About This Home

As of August 2025

Welcome to 56 Leonard St, a well-maintained two family plus in law property in the desirable Belltown neighborhood. This investment opportunity features a 3-bedroom unit (rent: $3,400/month), and two 1-bedroom units (currently rented at $2,000 and $2,100/month). The property offers: Total Living Area: 3642 sq ft., Lot Size: 10,018 sq ft, Year Built: 1923. Separate utilities for each unit. Detached garage with 3 parking spaces. Fenced in backyard. Additional rental income from garage and basement storage ($550/month). Financials: Annual Property Taxes: $10,625, Net Operating Income (NOI): $82752. Located near schools, parks, and public transportation, this property combines suburban charm with urban convenience. A perfect investment or live-in opportunity!

Last Agent to Sell the Property

Michelle Lorenzetti

Premier Re Group LLC License #REB.0789938 Listed on: 04/24/2025

Last Buyer's Agent

Saul Mueses-Garcia

William Raveis Real Estate License #REB.0795539

William Raveis Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,863

Year Built

  • Built in 1960

Lot Details

  • 10,019 Sq Ft Lot
  • Level Lot

Home Design

  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 2,176 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Storm Windows

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 2 Car Garage
  • Driveway

Outdoor Features

  • Balcony
  • Exterior Lighting

Location

  • Property is near shops

Utilities

  • Hot Water Heating System
  • Hot Water Circulator
  • Electric Water Heater

Community Details

  • 2 Units
  • Gross Income $99,600

Listing and Financial Details

  • Assessor Parcel Number 320144

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,863

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Neighborhood: Glenbrook
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2176
  • Total Sq Ft: 2176
  • Year Built: 1960
  • New Construction: No/Resale
  • Nearby Amenities: Medical Facilities, Park, Shopping/Mall
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Take Exit 8 for Canal St. Use the left lane to merge onto S State St. Turn left onto Canal St. Continue onto Greyrock Pl. Turn left onto Broad St. Turn left onto Landmark Square
  • Financing Used: Assumed Conventional
  • Living Area Sq Ft Per Public Record: 2176
  • Street Type: Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement Description: Full
  • Attic: No
  • Street Number Modifier: 56

Exterior Features

  • Exterior Features: Balcony, Sidewalk, Lighting
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 2
  • Driveway Type: Paved
  • Total Parking Spaces: 4
  • Garage And Parking: Detached Garage, Paved, Off Street Parking, Driveway

Utilities

  • Cooling System: None
  • Heat Type: Hot Water
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric, 40 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Green Features

  • Energy Features: Storm Windows

Lot Info

  • Acres: 0.23
  • Lot Description: Level Lot
  • Zoning: R75
  • Parcel #: 320144

Multi Family

  • Gross Annual Income: 99600
  • Net Operating Income: 82572
  • Total Number Of Units: 2

Tax Info

  • Tax Year: July 2025-June 2026
  • Property Tax: 10863
  • Total Assessed Value: 459140
  • Mil Rate Total: 24.18

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2025
Closed on
Jul 29, 2025
Sold by
Phyllis L L and Phyllis Aftab M
Bought by
Dustan Dream Spaces Llc
Seller's Agent
Michelle Lorenzetti
Premier Re Group LLC
Buyer's Agent
Saul Mueses-Garcia
William Raveis Real Estate
List Price
$1,099,999
Sold Price
$1,100,000
Premium/Discount to List
$1
0.0%
Views
6

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-40.14%
Original Mortgage
$825,000
Outstanding Balance
$825,000
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$258,196

Purchase Details

Closed on
Sep 3, 2024
Sold by
Aftab Marc
Bought by
L P
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $555,200 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2025 08/01/25 Sold $1,100,000 0.0% $506 / Sq Ft
05/13/2025 05/13/25 Pending -- -- --
04/24/2025 04/24/25 For Sale $1,099,999 -- $506 / Sq Ft
Source: SmartMLS

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
2025 $10,863 $459,140 $223,430 $235,710
2024 $10,624 $459,140 $223,430 $235,710
2023 $11,414 $459,140 $223,430 $235,710
2022 $8,728 $326,400 $171,540 $154,860
2021 $8,633 $326,400 $171,540 $154,860
2020 $8,411 $326,400 $171,540 $154,860
2019 $8,411 $326,400 $171,540 $154,860
2018 $8,101 $326,400 $171,540 $154,860
2017 $7,325 $281,730 $144,120 $137,610
2016 $7,119 $281,730 $144,120 $137,610
2015 $6,933 $281,730 $144,120 $137,610
2014 $6,702 $281,730 $144,120 $137,610
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24090820

SmartMLS

APN: STAM-000000-000000-008512