Listed by Lee & Associates Commercial RE, Bought with Capstone Commercial
NOT LISTED FOR SALE

7810 E Green Lake Dr N Seattle, WA 98103

Green Lake Neighborhood
4 Beds
4 Baths
2,352 Sq Ft
4,277 Sq Ft Lot

Last Sold June 01, 2018

Last sale price $1,900,000 $808 Per Sq Ft

95 Days on Market

Highlights

  • Lake Front
  • Deck
  • Corner Lot
  • Daniel Bagley Elementary School Rated A-
  • Wood Flooring

About This Home

As of June 2018

The property is currently improved with a commercial retail space and 3 apartment units. The subject property features a 4,277 sf corner lot, zoned LR3 on the Green Lake’s coveted waterfront. With proposed MHA FAR of 2.2 the property has the potential for a 5-unit apartment development, buyer to verify. Development possibilities include an owner/user penthouse with income generating units below or an investment property. Great land bank opportunity! See marketing package for site plans.

Last Agent to Sell the Property

Daniel Lim

Lee & Associates Commercial RE License #131121 Listed on: 10/13/2017

Co-Listed By

Candice Chevaillier, CCIM

Lee & Associates Commercial RE License #18886

Last Buyer's Agent

David Dynes

Capstone Commercial License #112381

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1214571

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,010

Year Built

  • Built in 1905

Lot Details

  • 4,277 Sq Ft Lot
  • Lake Front
  • Corner Lot
  • Property is in good condition

Property Views

  • Lake
  • Territorial

Home Design

  • Duplex
  • Flat Roof Shape
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 2,352 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Parking

  • 3 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck

Community Details

  • Green Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2883200390

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,010

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1905
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2352
  • EffectiveYearBuiltSource: Public Records
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Commercial, Multi-Family
  • Fireplace: No
  • Flooring: Hardwood, Vinyl, Carpet
  • Interior Amenities: Hardwood, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition, Flat
  • View: Lake, Territorial
  • Lot Features: Corner Lot, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Exterior Features: Cement Planked
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 3
  • Open Parking: Yes
  • Total Parking Spaces: 3
  • ParkingUncoveredSpaces: 3

Utilities

  • Sewer: Sewer Connected
  • Water Source: Community
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 4355

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 2883200390
  • Lot Size Acres: 0.0982
  • Lot Size Sq Ft: 4277
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Commercial,Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 22
  • LeasedItems: None
  • TotalMonthlyIncome: 6732

Multi Family

  • Gross Scheduled Income: 80784
  • Net Operating Income: 61632
  • Number Of Units Total: 4
  • Electric Expense: 91
  • Insurance Expense: 1968
  • Leasable Area: 2352
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2017
  • Tax Annual Amount: 7010

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 List to Sale Price per Sq Ft
06/01/2018 06/01/18 Sold $1,900,000 +5.6% $808 / Sq Ft
02/06/2018 02/06/18 Pending -- -- --
01/24/2018 01/24/18 Price Changed $1,800,000 -14.3% $765 / Sq Ft
11/02/2017 11/02/17 For Sale $2,100,000 -- $893 / 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: 1214571

Northwest Multiple Listing Service (NWMLS)