Listed by Skyline Properties, Inc.
$3,100,000
SOLD JUN 30, 2016

6321 NE 181st St Unit 1-10 Kenmore, WA 98028

Downtown Kenmore Neighborhood
-- Bed
-- Bath
9,145 Sq Ft
0.51 Acres

Recently Sold

$339 Per Sq Ft

39 Days on Market

Highlights

  • Lake View
  • 0.51 Acre Lot
  • Thermal Windows
  • Kenmore Elementary School Rated A-
  • Deck
  • High Speed Internet

About This Home

As of June 2021

Lake Washington View Apartment Building, Future appreciation!! 4.8% Cap Rate! 10 Units, 100% occupied,rare opportunity to own this view building,great mix of (7)two bedroom/1 bath (2) one bedroom units (3) townhouse style(1)Three bedroom unit, all units with lake view,plenty of parking and storage, land value will sky rocket,close to Bothell UW/Seattle UW. The property was extensively renovated in 2015 to state of-the art standards. Over $600,000 spent on renovations.

Last Agent to Sell the Property

Donna Marshall

Skyline Properties, Inc. License #111216 Listed on: 04/22/2016

Skyline Properties, Inc.

Co-Listed By

Dan Swanson

Kidder Mathews License #13533

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 925035

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $28,526

Year Built

  • Built in 1966

Lot Details

  • 0.51 Acre Lot
  • Partially Fenced Property
  • Property is in very good condition

Property Views

  • Lake
  • Mountain
  • Territorial

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 9,145 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Laminate

Parking

  • 17 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Kenmore Subdivision

Listing and Financial Details

  • Legal Lot and Block 3,4,5 / 8
  • Assessor Parcel Number 6181700100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$28,526

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1966
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 9145
  • EffectiveYearBuiltSource: Public Records
  • Special Features: VirtualTour
  • Cumulative Days on Market: 367

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Laminate, Carpet
  • Interior Amenities: Wall to Wall Carpet, Laminate Hardwood
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Storage,Thermal Windows

Exterior Features

  • Roof: Composition
  • View: Lake, Mountain(s), Territorial
  • Lot Features: Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 17
  • Open Parking: Yes
  • Total Parking Spaces: 17
  • ParkingUncoveredSpaces: 17

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • WaterSewerGarbage: 11160

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Northshore
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 6181700100
  • Lot Size Acres: 0.5135
  • Lot Size Sq Ft: 22369
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,High Speed Internet
  • MLSLotSizeSource: realist
  • ZoningClass: Multi-Family
  • LotNumber: 3,4,5

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 18434

Multi Family

  • Gross Scheduled Income: 221211
  • Net Operating Income: 148413
  • Number Of Units Total: 10
  • Insurance Expense: 4013
  • Leasable Area: 9145
  • UnitsInBuildingTotal: 10
  • UnitsBelowGrade: false
  • VacancyRate: 4

Tax Info

  • Year: 2016
  • Tax Annual Amount: 28526

MLS Schools

  • Elementary School: Buyer To Verify

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
06/14/2021 06/14/21 Sold $3,503,000 +1.5% $383 / Sq Ft
04/28/2021 04/28/21 Pending -- -- --
04/09/2021 04/09/21 For Sale $3,450,000 +11.3% $377 / Sq Ft
06/30/2016 06/30/16 Sold $3,100,000 0.0% $339 / Sq Ft
06/01/2016 06/01/16 Pending -- -- --
04/22/2016 04/22/16 For Sale $3,100,000 -- $339 / 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: 925035

Northwest Multiple Listing Service (NWMLS)