Listed by Paragon Real Estate Advisors, Bought with Paragon Real Estate Advisors
NOT LISTED FOR SALE
-- Bed
-- Bath
3,879 Sq Ft
4,800 Sq Ft Lot

Sale Details

Date Sold: February 2, 2024

Last sale price $1,175,000 $303 Per Sq Ft

11 Days on Market

Highlights

  • No HOA
  • Baseboard Heating
  • Wood Siding
  • Coe Elementary School Rated A

About This Home

As of February 2024

This property offers a range of possibilities for potential investors, including the prospect of value-added repositioning along with redevelopment. Positioned on the north slope of Queen Anne, this 5-unit apartment building sits on a 4,800-square-foot lot zoned LR3 (M). Currently vacant, the property allows investors to promptly enhance its value through renovations, maximizing returns on investment. The building is comprised of five spacious 1-bedroom/1-bathroom units, with a daylight basement offering potential for additional square footage to be added. Beyond the potential for value-added improvements, this property presents a distinct redevelopment opportunity.

Last Agent to Sell the Property

Nick Hemming

Paragon Real Estate Advisors License #120684 Listed on: 01/11/2024

Co-Listed By

Cathy Jeney

Paragon Real Estate Advisors License #18893

Last Buyer's Agent

Ryan Iles

Paragon Real Estate Advisors License #108410

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2189953

Northwest Multiple Listing Service (NWMLS)
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,674

Year Built

  • Built in 1900

Lot Details

  • 4,800

Parking

  • Open Parking

Home Design

  • Built-Up Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 3,879 Sq Ft Home
  • 3-Story Property

Additional Features

  • 4,800 Sq Ft Lot
  • Baseboard Heating

Community Details

  • No Home Owners Association
  • Queen Anne Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1972205195

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,674

Year Built

Built in 1900

Lot Details

4,800 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1900
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • Structure Type: Multi Family
  • CalculatedSquareFootage: 3879
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Built-Up
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • 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: 1972205195
  • Lot Size Acres: 0.1102
  • Lot Size Sq Ft: 4800
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: King County

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 9.36
  • LeasedItems: None
  • TotalMonthlyIncome: 10600

Tax Info

  • Year: 2023
  • Tax Annual Amount: 15674

Multi Family

  • Number Of Units Total: 5
  • EnergySource: Electric
  • UnitsBelowGrade: false

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
02/02/2024 02/02/24 Sold $1,175,000 +21.8% $303 / Sq Ft
01/22/2024 01/22/24 Pending -- -- --
01/11/2024 01/11/24 For Sale $965,000 -- $249 / 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
2024 $11,279 $1,129,000 $1,128,000 $1,000
2023 $15,675 $1,400,000 $1,128,000 $272,000
2022 $15,699 $1,835,000 $840,000 $995,000
2021 $17,967 $1,695,000 $840,000 $855,000
2020 $17,685 $1,856,000 $840,000 $1,016,000
2018 $15,173 $1,625,000 $768,000 $857,000
2017 $12,536 $1,529,000 $600,000 $929,000
2016 $10,270 $1,301,000 $480,000 $821,000
2015 $9,019 $1,034,000 $480,000 $554,000
2014 -- $927,000 $432,000 $495,000
2013 -- $950,000 $408,000 $542,000
Source: Public Records

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2189953

Northwest Multiple Listing Service (NWMLS)
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