717 3rd Ave N Seattle, WA 98109
Lower Queen Anne NeighborhoodEstimated payment $11,678/month
Highlights
- No HOA
- Baseboard Heating
- 4-minute walk to Ward Springs Park
- John Hay Elementary School Rated A
- Wood Siding
About This Home
$218K PER UNIT IN "A+" LOCATION WITH VALUE-ADD UPSIDE! | 717 3rd Ave N is an 8-unit apartment investment located on the desirable south slope of Queen Anne, offering residents walkable access to major employers, shopping, dining, the Space Needle, Seattle Center, and Climate Pledge Arena. The building was originally constructed in 1945 with wood framing and features copper plumbing, updated electrical panels, double-pane vinyl windows, brick veneer, and horizontal and vertical cedar lap siding. A private parking lot with eight stalls is located on the west side of the property. The building sits on a 7,860-square-foot lot zoned LR3, a popular low-rise zoning designation in Seattle that allows for the development of townhomes, apartments, and row houses. The property consists of eight one-bedroom, one-bathroom units, each averaging approximately 470 square feet. Each unit has been extensively updated with hardwood flooring, new granite countertops, electric baseboard heating, new cabinetry, new appliances, new lighting fixtures, new doors, and fully renovated bathroom fixtures. Additionally, two top-floor units feature private balconies. These efficient, modernized one-bedroom units are low-maintenance and require minimal capital investment upon turnover. An assumable loan with a 3.52% interest rate is available for qualified buyers.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2532678
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $24,338
Year Built
- Built in 1945
Home Design
- Composition Roof
- Wood Siding
- Wood Composite
Interior Spaces
- 3,760 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 8 Bedrooms
- 8 Bathrooms
Additional Features
- 7,680 Sq Ft Lot
- Baseboard Heating
Community Details
- No Home Owners Association
- Queen Anne Subdivision
Listing and Financial Details
- Assessor Parcel Number 5457800210
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $24,338 | $2,305,000 | $2,304,000 | $1,000 |
| 2024 | $22,619 | $2,305,000 | $2,304,000 | $1,000 |
| 2023 | $18,784 | $2,305,000 | $2,304,000 | $1,000 |
| 2022 | $19,819 | $2,162,000 | $2,112,000 | $50,000 |
| 2021 | $20,761 | $2,113,000 | $2,112,000 | $1,000 |
| 2020 | $20,236 | $2,113,000 | $2,112,000 | $1,000 |
| 2018 | $19,036 | $2,087,000 | $1,728,000 | $359,000 |
| 2017 | $17,696 | $1,899,000 | $1,267,200 | $631,800 |
| 2016 | $14,704 | $1,827,000 | $1,152,000 | $675,000 |
| 2015 | -- | $1,473,000 | $883,200 | $589,800 |
| 2014 | -- | $1,325,000 | $883,200 | $441,800 |
| 2013 | -- | $1,080,000 | $844,800 | $235,200 |
Purchase 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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $900,000 | Commonwealth L | |
| Quit Claim Deed | -- | -- |
Mortgage 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 | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,036,500 | Commercial | |
| Closed | $775,000 | Commercial | |
| Closed | $850,000 | Commercial |
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2532678
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Ask me questions while you tour the home.