Listed by John L. Scott, Inc
$695,000
SOLD DEC 30, 2013
-- Bed
-- Bath
4,800 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$145 Per Sq Ft

7% Below List Price

30 Days on Market

Highlights

  • Wall to Wall Carpet
  • Maple Elementary School Rated A-
  • 5-minute walk to Oxbow Park

About This Home

As of June 2023

Three-story brick exterior bldg is in exceptional condition and ideally located. It has been well cared for and updated through the years. Positive cash flow investment opportunity as this building rents fully all the time. All units are 1 bdrm / 1 bath. Situated in a key location close to Boeing, downtown Seattle, Southcenter, the airport, easy I-5 access. Very visible location (zero vacancy rate over time). Buyer to verify all information to own satisfaction.

Last Agent to Sell the Property

Moshe Kipersztok

John L. Scott, Inc License #3443 Listed on: 09/20/2013

John L. Scott, Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 546314

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,042

Year Built

  • Built in 1930

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete
  • Bitumen Roof

Interior Spaces

  • 4,800 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 6 Parking Spaces
  • Open Parking

Schools

  • Seattle Public Sch Elementary And Middle School
  • Seattle Public Sch High School

Community Details

  • Georgetown Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2734100345

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,042

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1930
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 4800
  • Special Features: VirtualTour
  • Cumulative Days on Market: 343

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: See Remarks, Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Flat, See Remarks, Torch Down
  • View: No
  • Waterfront: No
  • Exterior Features: Brick, Cement/Concrete
  • Foundation Details: Poured Concrete
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 6
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 6

Utilities

  • Sewer: Sewer Connected
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric, See Remarks
  • WaterSewerGarbage: 7200

Schools

  • Junior High Dist: Seattle
  • High School: Seattle Public Sch
  • Middle Or Junior School: Seattle Public Sch

Lot Info

  • Parcel Number: 2734100345
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric, See Remarks

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 11
  • LeasedItems: None
  • TotalMonthlyIncome: 5049

Multi Family

  • Gross Scheduled Income: 60592
  • Net Operating Income: 44830
  • Number Of Units Total: 6
  • Insurance Expense: 3520
  • UnitsInBuildingTotal: 6
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2013
  • Tax Annual Amount: 5042

MLS Schools

  • Elementary School: Seattle Public Sch

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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

Property History

Date Event Price Change Sq Ft Price
06/12/2023 06/12/23 Sold $1,600,000 -5.9% $410 / Sq Ft
04/28/2023 04/28/23 Pending -- -- --
03/17/2023 03/17/23 For Sale $1,700,000 +144.6% $436 / Sq Ft
12/30/2013 12/30/13 Sold $695,000 -7.3% $145 / Sq Ft
10/21/2013 10/21/13 Pending -- -- --
09/20/2013 09/20/13 For Sale $749,555 -- $156 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 546314

Northwest Multiple Listing Service (NWMLS)