Listed by Capstone Commercial, Bought with Realty One Group Enterprise
NOT LISTED FOR SALE
1 Bed
1 Bath
10,130 Sq Ft
4,225 Sq Ft Lot

Sale Details

Date Sold: January 9, 2024

Last sale price $2,700,000 $267 Per Sq Ft

34 Days on Market

Highlights

  • City View
  • Corner Lot
  • Baseboard Heating
  • Garfield High School Rated A
  • No HOA
  • 2-minute walk to Tashkent Park

About This Home

As of January 2024

Located in the heart of Seattle’s vibrant Capitol Hill neighborhood is an extraordinary opportunity for investors seeking both current income and future potential. The East Roy Apt, a 12-unit apartment building boasts a desirable location. This mid-century building features 9 one-bedroom and 3 two-bedroom units, offering spacious layouts designed for comfortable living. Timeless walk-up design and open floor plans, thoughtfully designed to seamlessly integrate kitchens, dining areas, and generously sized living rooms. Select units have undergone modern renovations, featuring upgraded kitchen cabinets, stylish vinyl plank flooring, and contemporary lighting elements. Upgrading the remaining units would add value and rent upside.

Last Agent to Sell the Property

Ian Brown

Capstone Commercial License #48896 Listed on: 09/14/2023

Last Buyer's Agent

Ilanit Inbar

Realty One Group Enterprise License #125766

Realty One Group Enterprise

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2162219

Northwest Multiple Listing Service (NWMLS)
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $30,432

Year Built

  • Built in 1958

Lot Details

  • 4,225 Sq Ft Lot
  • Corner Lot

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 10,130 Sq Ft Home
  • 3-Story Property
  • Vinyl Flooring
  • City Views

Parking

  • 2 Covered Spaces
  • Open Parking

Utilities

  • Baseboard Heating

Community Details

  • No Home Owners Association
  • Capitol Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6848200835

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$30,432

Year Built

Built in 1958

Lot Details

4,225 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1958
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • Structure Type: Multi Family
  • CalculatedSquareFootage: 10130
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Basement,Coin Op Laundry,Storage

Exterior Features

  • Roof: Flat
  • View: City
  • Lot Features: Corner Lot
  • View: Yes
  • Waterfront: No
  • Exterior Features: Brick, Cement/Concrete, Wood Products

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 5

Utilities

  • Sewer: Available
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 6848200835
  • Lot Size Acres: 0.097
  • Lot Size Sq Ft: 4225
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: King County Assessor
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • GrossRentMultiplier: 13.65
  • LeasedItems: None
  • TotalMonthlyIncome: 18315

Tax Info

  • Year: 2023
  • Tax Annual Amount: 30432

Multi Family

  • Number Of Units Total: 12
  • EnergySource: Electric,Natural Gas
  • UnitsBelowGrade: false

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2023
Closed on
Jan 9, 2024
Sold by
Bought by
Seller's Agent
Ian Brown
Capstone Commercial
Buyer's Agent
Ilanit Inbar
Realty One Group Enterprise
List Price
$3,000,000
Sold Price
$2,700,000
Premium/Discount to List
-$300,000
-10%
Views
27

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,380,000
Interest Rate
7.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 2002
Sold by
Bought by

Purchase Details

Closed on
Apr 19, 2002
Sold by
Bought by

Purchase Details

Closed on
Jan 16, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$506,000
Interest Rate
6.84%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 2, 1985
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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 Buyer Sale Price Title Company
$2,692,000 None Listed On Document
-- Chicago Title Insurance Co
-- Chicago Title Insurance Co
-- Chicago Title Insurance Co
-- Chicago Title Insurance Co
$1,088,800 Chicago Title Insurance Co
-- Chicago Title Insurance Co
$378,800 --
Source: Public Records

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 Borrower Loan Amount
Closed $1,380,000
Previous Owner $1,450,000
Previous Owner $1,325,000
Previous Owner $1,025,000
Previous Owner $506,000
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft
01/09/2024 01/09/24 Sold $2,700,000 -10.0% $267 / Sq Ft
10/18/2023 10/18/23 Pending -- -- --
09/14/2023 09/14/23 For Sale $3,000,000 -- $296 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

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 $31,183 $3,046,000 $1,267,500 $1,778,500
2024 $24,516 $2,565,000 $1,352,000 $1,213,000
2023 $35,338 $3,808,000 $1,352,000 $2,456,000
2022 $32,572 $3,648,000 $1,035,100 $2,612,900
2021 $35,095 $3,602,000 $1,035,100 $2,566,900
2020 $32,512 $3,692,000 $1,225,200 $2,466,800
2018 $25,788 $2,873,000 $845,000 $2,028,000
2017 $23,587 $2,636,000 $845,000 $1,791,000
2016 $18,156 $2,493,000 $507,000 $1,986,000
2015 $16,046 $1,871,000 $464,700 $1,406,300
2014 -- $1,690,000 $464,700 $1,225,300
2013 -- $1,565,000 $464,700 $1,100,300
Source: Public Records

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2162219

Northwest Multiple Listing Service (NWMLS)
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