$1,600,000
SOLD JUN 12, 2023
-- Bed
-- Bath
3,900 Sq Ft
8,848 Sq Ft Lot

Recently Sold

$410 Per Sq Ft

6% Below List Price

42 Days on Market

Highlights

  • 0.2 Acre Lot
  • Wood Flooring
  • Baseboard Heating
  • Maple Elementary School Rated A-
  • No HOA
  • 5-minute walk to Oxbow Park

About This Home

As of June 2023

: 6-unit turn key apartment in Georgetown. Jackson went through a full studs out renovation with new interiors, systems, roof and windows. This is a legacy asset with true pride of ownership on a corner lot with parking in Georgetown. Financials are PROFORMA.

Last Agent to Sell the Property

Winslow Lee

Kidder Mathews License #136708 Listed on: 03/17/2023

Last Buyer's Agent

Winslow Lee

Kidder Mathews License #136708 Listed on: 03/17/2023

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2046435

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,604

Year Built

  • Built in 1930

Lot Details

  • 8,848 Sq Ft Lot
  • Property is in very good condition

Parking

  • 9 Parking Spaces

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 3,900 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Vinyl

Utilities

  • Baseboard Heating

Community Details

  • No Home Owners Association
  • Georgetown Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2734100345

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,604

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: 2%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3900
  • EffectiveYearBuiltSource: Public Records
  • SOCComments: 2%
  • Special Features: VirtualTour
  • Cumulative Days on Market: 366

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Hardwood, Vinyl
  • Interior Amenities: Hardwood
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Basement

Exterior Features

  • Roof: Flat
  • View: No
  • Waterfront: No
  • Exterior Features: Brick
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking: No
  • Total Parking Spaces: 9
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: SPU
  • WaterCompany: SPU
  • WaterSewerGarbage: 3620

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Fee Information

  • Annual Fuel Expense: 3621

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 2734100345
  • Lot Size Acres: 0.2031
  • Lot Size: 8848
  • Lot Size Sq Ft: 8848
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: KCPV
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 20
  • LeasedItems: None
  • TotalMonthlyIncome: 10278

Multi Family

  • Gross Scheduled Income: 123300
  • Net Operating Income: 84518
  • Number Of Units Total: 6
  • Electric Expense: 3621
  • Insurance Expense: 2400
  • Leasable Area: 3900
  • EnergySource: Electric
  • UnitsInBuildingTotal: 6
  • UnitsBelowGrade: false
  • VacancyRate: 4

Tax Info

  • Year: 2023
  • Tax Annual Amount: 12604
  • AdditionalTaxIds: 2734100345

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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: 2046435

Northwest Multiple Listing Service (NWMLS)