Listed by Capstone Commercial
NOT LISTED FOR SALE
-- Beds
-- Baths
4,806 Sq Ft
5,400 Sq Ft Lot

Sale Details

Date Sold: February 9, 2022

Last sale price $2,355,000 $490 Per Sq Ft

9 Days on Market

Highlights

  • Corner Lot
  • Ceramic Tile Flooring
  • 5-minute walk to Soundview Terrace
  • Coe Elementary School Rated A
  • Wood Siding

About This Home

As of February 2022

Located on a corner lot, the subject property is a timeless mid-century walk-up style building comprised of 8 one-bedroom units. The building has had several updates including a newer roof, double-pane windows and copper plumbing. The units all have similar floor plans with kitchens that flow effortlessly into spacious dining areas and generously sized living rooms. Most of the units have wall to wall carpet covering the original oak flooring adding to the ease of incremental improvements at turnover. The laundry room and storage have direct level access from the parking lot which could be renovated to add an additional apartment unit, buyer to verify. 1 unit has been renovated with new kitchen cabinets, vinyl plank floors & modern lights

Last Agent to Sell the Property

Ian Brown

Capstone Commercial License #48896 Listed on: 11/22/2021

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1866971

Northwest Multiple Listing Service (NWMLS)
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,877

Year Built

  • Built in 1957

Lot Details

  • 5,400 Sq Ft Lot
  • Corner Lot

Parking

  • Open Parking

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 4,806 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl Plank

Community Details

  • Queen Anne Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7011200585

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,877

Year Built

Built in 1957

Lot Details

5,400 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1957
  • Buyer Agency Compensation: 2.0
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • Structure Type: Multi Family
  • CalculatedSquareFootage: 4806
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Ceramic Tile, Vinyl Plank, Carpet
  • Interior Amenities: Ceramic Tile, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Basement,Coin Op Laundry,Storage

Exterior Features

  • Roof: Flat
  • Lot Features: Corner Lot
  • View: No
  • Waterfront: No
  • Exterior Features: Brick, Wood

Garage/Parking

  • Carport Y N: No
  • Open Parking: Yes
  • Total Parking Spaces: 4

Utilities

  • Sewer: Available
  • Heating Yn: Yes
  • Utilities: Electric

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 7011200585
  • Lot Size Acres: 0.124
  • Lot Size Sq Ft: 5400
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: King County
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 17
  • LeasedItems: None
  • TotalMonthlyIncome: 10915

Tax Info

  • Year: 2021
  • Tax Annual Amount: 21877

Multi Family

  • Number Of Units Total: 8
  • EnergySource: Electric
  • UnitsBelowGrade: false

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2021
Closed on
Feb 8, 2022
Sold by
Miki Oku
Bought by
Seller's Agent
Ian Brown
Capstone Commercial
List Price
$2,350,000
Sold Price
$2,355,000
Premium/Discount to List
$5,000
0.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,670,000
Outstanding Balance
$1,524,005
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2015
Sold by
Denholme Properties Llc
Bought by
Oku Miki

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,365,000
Interest Rate
3.85%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 12, 2003
Sold by
Denholme Alex and Denholme Delores
Bought by
Denholme Family Lp
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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 Buyer Sale Price Title Company
$2,354,500 Stewart Title
Oku Miki $1,949,200 Fidelity
Oku Miki -- Fidelity
Denholme Family Lp -- --
Denholme Properties Llc -- --
Source: Public Records

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 Borrower Loan Amount
Open $1,670,000
Previous Owner Oku Miki $1,365,000
Source: Public Records

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
02/09/2022 02/09/22 Sold $2,355,000 +0.2% $490 / Sq Ft
12/01/2021 12/01/21 Pending -- -- --
11/22/2021 11/22/21 For Sale $2,350,000 -- $489 / 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
2025 $20,580 $1,970,000 $999,000 $971,000
2024 $18,524 $1,905,000 $999,000 $906,000
2023 $20,348 $2,173,000 $999,000 $1,174,000
2022 $19,365 $2,399,000 $918,000 $1,481,000
2021 $21,877 $2,100,000 $918,000 $1,182,000
2020 $22,535 $2,267,000 $918,000 $1,349,000
2018 $18,712 $2,059,000 $837,000 $1,222,000
2017 $18,147 $1,892,000 $675,000 $1,217,000
2016 $13,608 $1,901,000 $594,000 $1,307,000
2015 -- $1,380,000 $540,000 $840,000
2014 -- $1,215,000 $486,000 $729,000
2013 -- $1,084,000 $486,000 $598,000
Source: Public Records

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1866971

Northwest Multiple Listing Service (NWMLS)
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