NOT LISTED FOR SALE
Studio
-- Bath
11,813 Sq Ft
6,534 Sq Ft Lot

Last Sold June 08, 2012

Last sale price $3,850,000 $326 Per Sq Ft

56 Days on Market

Highlights

  • Views of a Sound
  • Wall to Wall Carpet
  • 3-minute walk to Tashkent Park
  • Garfield High School Rated A

About This Home

As of June 2012

In 2011 the property underwent a complete reconstruction from the inside out. Everything except the framing has been replaced and is brand new. All 2 bed/2 bath West facing units, private balconies with sweeping views of Lake Union and the Olympics, spanning from downtown to Gasworks Park. Units include washer-dryers and granite-topped kitchen island. All utilities are individually metered and tenant paid. There are 10 storage units along with 11 parking spaces that are not being charged for.

Last Agent to Sell the Property

Patrick Ashman

Urban Commercial Partners, LLC License #52365 Listed on: 02/15/2012

Last Buyer's Agent

Tong Chin Wu

WPI Real Estate Services, Inc. License #18933

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM320833

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1966

Lot Details

  • 6,534

Property Views

  • Views of a Sound
  • Lake
  • City
  • Canal
  • Mountain
  • Territorial

Home Design

  • Poured Concrete
  • Bitumen Roof
  • Cement Board or Planked
  • Vinyl Construction Material

Flooring

  • Wall to Wall Carpet
  • Laminate

Additional Features

  • 4-Story Property
  • Septic System

Community Details

  • 10 Units

Listing and Financial Details

  • Assessor Parcel Number 2163900230

Property Details

Home Type

Multi-Family

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Style: 10+ Units
  • Year Built: 1966
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Floor Covering: Laminate Hardwood, Wall To Wall Carpet
  • Approved Number of Bedrooms: 20
  • Estimated Sq Ft: 11813

Exterior Features

  • Exterior: Cement Planked, Cement/Concrete, Metal/Vinyl
  • Foundation: Poured Concrete
  • Roof: Torch Down
  • View: Canal, City, Lake, Mountain, Sound, Territorial

Garage/Parking

  • Numberof Carport Spaces: 7
  • Numberof Garage Spaces: 7
  • Numberof Uncovered Spaces: 4
  • Total Numberof Parking Spaces: 11

Utilities

  • Electrical Expenses: 1440
  • Water/Sewer/Garbage: 9536
  • Heating And Cooling: Forced Air
  • Sewer: Septic

Condo/Co-op/Association

  • Numberof Units in Building: 10
  • Amenities: Fire Sprinklers, Thermal Windows

Schools

  • School District: SEA

Lot Info

  • General Zoning Classification: Multi-Family
  • Lot Sq Ft: 6420
  • Parcel Number: 2163900230

Multi Family

  • Gross Adjusted Income: 247548
  • Gross Rent Multiplier: 17
  • Insurance Expenses: 2400
  • Other Expenses: 10440
  • Total Expenses: 41474
  • Total Monthly Income: 2105
  • Total Expenses: 41474
  • Vacancy Rate: 2

Tax Info

  • Tax Amount: 17658
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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 List to Sale Price per Sq Ft
06/08/2012 06/08/12 Sold $3,850,000 -9.4% $326 / Sq Ft
04/12/2012 04/12/12 Pending -- -- --
02/15/2012 02/15/12 For Sale $4,250,000 -- $360 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History

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 $39,526 $4,146,000 $2,054,400 $2,091,600
2023 $39,272 $4,263,000 $2,054,400 $2,208,600
2022 $40,538 $4,686,000 $1,572,900 $3,113,100
2021 $43,662 $4,460,000 $1,572,900 $2,887,100
2020 $38,121 $4,573,000 $1,861,800 $2,711,200
2018 $35,273 $3,866,000 $1,284,000 $2,582,000
2017 $33,484 $3,597,000 $1,284,000 $2,313,000
2016 $30,308 $3,534,000 $770,400 $2,763,600
2015 $22,215 $3,146,000 $706,200 $2,439,800
2014 -- $2,350,000 $706,200 $1,643,800
2013 -- $2,500,000 $706,200 $1,793,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM320833

Northwest Multiple Listing Service (NWMLS)