NOT LISTED FOR SALE
-- Bed
-- Bath
6,630 Sq Ft
7,550 Sq Ft Lot

Last Sold July 06, 2022

Last sale price $3,048,500 $460 Per Sq Ft

25 Days on Market

About This Home

As of July 2022

Wagon Wheel Apartments is on the market for the first time in sixteen years. Built in 1956, the Wagon Wheel Apartments rivals all its neighbors in both quality and beauty. The property is inviting for its residence with its beautifully landscaped garden situated on a conveniently located corner lot with an abundance of natural light. The Wagon Wheel features ten apartment units consisting of (2) studio units, (6) one-bedroom units and (2) two-bedroom units ranging from 550 to 955 square feet. The property’s characteristics include mature landscaping, double pane vinyl windows and updated siding.

Last Agent to Sell the Property

Michael Urquhart

Paragon Real Estate Advisors License #135356 Listed on: 04/25/2022

Co-Listed By

Brian Platt

Paragon Real Estate Advisors License #85375

Last Buyer's Agent

Cindi Johnston

Venture Real Estate Group LLC License #21002369

Venture Real Estate Group LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1921179

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $23,394

Year Built

  • Built in 1956

Lot Details

  • 7,550 Sq Ft Lot

Home Design

  • Flat Roof Shape

Interior Spaces

  • 6,630 Sq Ft Home
  • 2-Story Property

Parking

  • 2 Parking Spaces
  • 2 Covered Spaces

Community Details

  • No Home Owners Association
  • Green Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3362401015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$23,394

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1956
  • Buyer Agency Compensation: 2%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 6630
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 298

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: See Remarks
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: See Remarks

Exterior Features

  • Roof: Flat
  • Lot Features: Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: See Remarks
  • Foundation Details: See Remarks
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking: No
  • Total Parking Spaces: 2
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 12292

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 3362401015
  • Lot Size Acres: 0.1733
  • Lot Size Sq Ft: 7550
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 19.6
  • LeasedItems: None
  • TotalMonthlyIncome: 13794

Multi Family

  • Gross Scheduled Income: 165528
  • Net Operating Income: 106383
  • Number Of Units Total: 10
  • Insurance Expense: 2717
  • Leasable Area: 6630
  • EnergySource: Electric
  • UnitsInBuildingTotal: 10
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2022
  • Tax Annual Amount: 23394

Range of Values:

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Average Value
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List Price
Sold Price
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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
07/06/2022 07/06/22 Sold $3,048,500 -6.2% $460 / Sq Ft
05/20/2022 05/20/22 Pending -- -- --
04/25/2022 04/25/22 For Sale $3,250,000 -- $490 / 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: 1921179

Northwest Multiple Listing Service (NWMLS)