Listed by Windermere Real Estate Co.
NOT LISTED FOR SALE

Estimated Value: $776,000 - $1,982,000

4 Beds
3 Baths
890 Sq Ft
$1,708/Sq Ft Est. Value

Last Sold March 01, 2023

Last sale price $1,900,000 $2,135 Per Sq Ft

Est. 20% decrease in value since last sale

Current estimated payment $9,338/month

196 Days on Market

Highlights

  • Ocean View
  • Docks
  • Canal Access
  • Adams Elementary School Rated A
  • Home fronts a sound
  • Deck

About This Home

As of March 2023

Unique opportunity to own this commercial zoned triplex waterfront property, featuring three 1920s & 1930s era updated seaside cottages on a private boardwalk just beyond the Ballard Locks. Scenery like no other with a daily boat parade, harbor seals, and seabirds as your backdrop. Entertain, work or relax on the boardwalk, walk the sandy beach at low tide, drop a couple crab pots, and take your boat out for a cruise. Once a very cool private yacht club, "Crown City" offers a unique lifestyle, plus it's located on the Burke-Gilman Trail, and in Ballard with Shilshole, Rays, & Golden Gardens all around the corner. Rent two and live in one? Convert to condos? Convert to offices? So many options for this once in a lifetime opportunity!

Last Agent to Sell the Property

Leah Hill

Windermere Real Estate Co. License #77322 Listed on: 07/19/2022

Windermere Real Estate Co.

Co-Listed By

Lauren Hendricks

Windermere Real Estate Midtown License #83586

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1967897

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,685

Year Built

  • Built in 1922

Lot Details

  • 4,544 Sq Ft Lot
  • Home fronts a sound
  • Property is in good condition

Property Views

  • Ocean
  • Views of a Sound
  • Canal

Home Design

  • Triplex
  • Pillar, Post or Pier Foundation
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property

Flooring

  • Bamboo
  • Wood
  • Wall to Wall Carpet
  • Laminate

Outdoor Features

  • Canal Access
  • Docks
  • Deck
  • Outbuilding

Community Details

  • No Home Owners Association
  • Ballard Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1176001320

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,685

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1922
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 0
  • Special Features: None
  • Cumulative Days on Market: 551

Interior Features

  • Possible Use: Commercial, Multi-Family, Residential
  • Fireplace: No
  • Flooring: Bamboo/Cork, Hardwood, Laminate, Carpet
  • Interior Amenities: Bamboo/Cork, Hardwood, Laminate, Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Metal
  • View: Canal, Ocean, Sound
  • View: Yes
  • Waterfront Features: Canal Access, Saltwater, Sound
  • Waterfront: Yes
  • Exterior Features: Wood
  • Foundation Details: Post & Pillar
  • Property Condition: Good
  • Structure Type: Triplex

Garage/Parking

  • Carport Y N: No
  • Open Parking: No
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 1176001320
  • Lot Size Acres: 0.1043
  • Lot Size Sq Ft: 4544
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Dock,Gas Available,Outbuildings
  • MLSLotSizeSource: Tax Records
  • ZoningClass: Commercial,Multi-Family,Residential

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 9024

Tax Info

  • Year: 2022

Multi Family

  • Number Of Units Total: 3
  • EnergySource: Electric,Natural Gas
  • UnitsBelowGrade: true
  • VacancyRate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2022
Closed on
Feb 27, 2023
Sold by
Seaview Avenue Llc
Bought by
Historic Brygger-Julien Boathouse Llc
Seller's Agent
Leah Hill
Windermere Real Estate Co.
List Price
$2,500,000
Sold Price
$1,900,000
Premium/Discount to List
-$600,000
-24%
Current Estimated Value
$1,519,821

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$380,179
Avg. Annual Appreciation
-7.69%

Purchase Details

Listed on
Jul 26, 2021
Closed on
Sep 7, 2021
Sold by
Allison Daniel Robert and Dolan Stephanie Marie
Bought by
Seaview Avenue Llc
Seller's Agent
Courtney Cooper
Seattle Afloat LLC
Buyer's Agent
Leah Hill
Windermere Real Estate Co.
List Price
$2,250,000
Sold Price
$2,200,000
Premium/Discount to List
-$50,000
-2.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-9.49%

Purchase Details

Closed on
Dec 18, 2013
Sold by
Allison Daniel
Bought by
Allison Daniel Robert and Dolan Stephanie Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,600
Interest Rate
4.13%

Purchase Details

Closed on
Dec 17, 2013
Sold by
Seamans Lorna and Allison Daniel
Bought by
Allison Daniel and Estate Of Robert Lea Allison

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,600
Interest Rate
4.13%

Purchase Details

Closed on
Sep 10, 1998
Sold by
Quick Joyce V and Allison Joyce V
Bought by
Allison Robert L

Purchase Details

Closed on
Apr 1, 1984
Sold by
Julien Vernon and Julien Frank H
Bought by
Allison Robert L and Allison Joyce
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
Historic Brygger-Julien Boathouse Llc $1,899,500 Chicago Title
Seaview Avenue Llc $2,200,000 Chicago Title
Allison Daniel Robert -- Nextitle
Allison Daniel -- Nextitle
Allison Robert L -- --
Allison Robert L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Allison Daniel Robert $455,000
Previous Owner Allison Daniel Robert $308,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2023 03/01/23 Sold $1,900,000 -20.8% $2,135 / Sq Ft
01/31/2023 01/31/23 Pending -- -- --
09/17/2022 09/17/22 Price Changed $2,400,000 -4.0% $2,697 / Sq Ft
07/19/2022 07/19/22 For Sale $2,500,000 +13.6% $2,809 / Sq Ft
09/09/2021 09/09/21 Sold $2,200,000 -2.2% $1,004 / Sq Ft
08/10/2021 08/10/21 Pending -- -- --
07/26/2021 07/26/21 For Sale $2,250,000 -- $1,026 / 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 $12,685 $1,352,000 $1,278,000 $74,000
2023 $11,719 $1,267,000 $1,203,000 $64,000
2022 $10,755 $1,446,000 $1,280,000 $166,000
2021 $9,775 $1,193,000 $1,048,000 $145,000
2020 $11,433 $1,027,000 $874,000 $153,000
2018 $10,528 $1,209,000 $956,000 $253,000
2017 $9,272 $1,083,000 $856,000 $227,000
2016 $8,693 $986,000 $778,000 $208,000
2015 $7,742 $902,000 $710,000 $192,000
2014 -- $812,000 $638,000 $174,000
2013 -- $672,000 $480,000 $192,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1967897

Northwest Multiple Listing Service (NWMLS)

APN: 117600-1320