Listed by Keller Williams North Seattle, Bought with Medawar Real Estate
NOT LISTED FOR SALE
-- Bed
-- Bath
4,216 Sq Ft
4,800 Sq Ft Lot

Last Sold July 24, 2023

Last sale price $2,120,000 $503 Per Sq Ft

103 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Geothermal Energy System
  • Eckstein Middle School Rated A-
  • Baseboard Heating
  • 4-minute walk to Green Lake Park

About This Home

As of July 2023

4th on Greenlake is a unique opportunity to own two neighboring multifamily properties (MLS#2042698 and MLS#2042700) with 12 units total in the highly sought after Greenlake neighborhood. Most units fully renovated with brand new cabinets and countertops, real hardwood floors and commanding floor-to-ceiling wood burning fireplace. Situated right on transit lines and 5 blocks from light rail. 4th on Greenlake provides the ideal opportunity to acquire an ideally located asset poised to capitalize on Seattle ever-expanding tenant base.

Last Agent to Sell the Property

George Sayah

Keller Williams North Seattle License #20119184 Listed on: 03/08/2023

Keller Williams North Seattle

Last Buyer's Agent

Chris Medawar

Medawar Real Estate License #21034366

Medawar Real Estate

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2042700

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,475

Year Built

  • Built in 1963

Lot Details

  • 4,800

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete
  • Wood Siding

Interior Spaces

  • 4,216 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Stone

Parking

  • 2 Parking Spaces
  • Open Parking

Additional Features

  • Geothermal Energy System
  • 4,800 Sq Ft Lot
  • Baseboard Heating

Community Details

  • No Home Owners Association
  • Green Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 9528104435

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,475

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1963
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 4216
  • Special Features: None
  • Cumulative Days on Market: 629

Interior Features

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

Exterior Features

  • Roof: Flat
  • View: No
  • Waterfront: No
  • Exterior Features: Brick, Wood
  • Foundation Details: Poured Concrete
  • Structure Type: Multi Family

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • PowerCompany: Seattle City Light
  • SewerCompany: Seattle Public Utility
  • WaterCompany: Seattle Public Utility
  • WaterSewerGarbage: 6789

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Parcel Number: 9528104435
  • Lot Size Acres: 0.1102
  • Lot Size Sq Ft: 4800
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Geothermal

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 12605

Multi Family

  • Gross Scheduled Income: 151260
  • Net Operating Income: 107697
  • Number Of Units Total: 6
  • Electric Expense: 2240
  • Insurance Expense: 2811
  • Leasable Area: 4200
  • EnergySource: Geothermal
  • UnitsInBuildingTotal: 6
  • UnitsBelowGrade: false
  • VacancyRate: 4

Tax Info

  • Year: 2021
  • Tax Annual Amount: 14475

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
07/24/2023 07/24/23 Sold $2,120,000 -15.2% $503 / Sq Ft
03/08/2023 03/08/23 For Sale $2,500,000 -- $593 / 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: 2042700

Northwest Multiple Listing Service (NWMLS)