Listed by Skyline Properties, Inc.
NOT LISTED FOR SALE

8524 Phinney Ave N Unit 1-11 Seattle, WA 98103

Greenwood Neighborhood
9 Beds
6 Baths
8,062 Sq Ft
8,841 Sq Ft Lot

Last Sold September 14, 2017

Last sale price $2,905,000 $360 Per Sq Ft

14 Days on Market

Highlights

  • City View
  • Deck
  • Wall to Wall Carpet
  • Greenwood Elementary School Rated A-

About This Home

As of September 2017

11 unit,Value add opportunity,well maintained,perfect for investors seeking low risk growth in rapidly growing Seattle.Driven in part by the booming tech industry!Strategic location!Min to downtown,Greenlake,UW,Northgate,rents can be increased by 12% immediately w/light updating,potential to build units in back parking area(Urban Village)close to shopping,bus line,restaurants,12 parking spaces,4 covered,large units, mix of 1&2 bedroom units,decks,storage lockers,coin operated laundry.

Last Agent to Sell the Property

Donna Marshall

Skyline Properties, Inc. License #111216 Listed on: 08/23/2017

Skyline Properties, Inc.

Co-Listed By

Dan Swanson

Kidder Mathews License #13533

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1176750

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,294

Year Built

  • Built in 1969

Lot Details

  • 8,841 Sq Ft Lot
  • Property is in good condition

Property Views

  • City
  • Mountain

Home Design

  • Poured Concrete
  • Composition Roof
  • Stucco

Interior Spaces

  • 8,062 Sq Ft Home
  • 3-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 12 Parking Spaces
  • Open Parking

Additional Features

  • Deck
  • Cable TV Available

Community Details

  • Greenwood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6431500333

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,294

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1969
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 8062
  • EffectiveYearBuiltSource: Public Records
  • Special Features: VirtualTour
  • Cumulative Days on Market: 362

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet, Laminate Hardwood
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry,Storage

Exterior Features

  • Roof: Composition
  • View: City, Mountain(s)
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement/Concrete, Stucco
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Multi Family

Garage/Parking

  • Carport Spaces: 4
  • Carport Y N: No
  • Open Parking Spaces: 8
  • Open Parking: Yes
  • Total Parking Spaces: 12
  • ParkingUncoveredSpaces: 8

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: city
  • SewerCompany: city
  • WaterCompany: city
  • WaterSewerGarbage: 13844

Schools

  • Junior High Dist: Seattle
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 6431500333
  • Lot Size Acres: 0.203
  • Lot Size Sq Ft: 8841
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck
  • MLSLotSizeSource: realist
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 14635

Multi Family

  • Gross Scheduled Income: 186956
  • Net Operating Income: 124522
  • Number Of Units Total: 11
  • Insurance Expense: 3312
  • Leasable Area: 8062
  • UnitsInBuildingTotal: 11
  • UnitsBelowGrade: true
  • VacancyRate: 3

Tax Info

  • Year: 2017
  • Tax Annual Amount: 16294

MLS Schools

  • Elementary School: Buyer To Verify

Range of Values:

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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
09/14/2017 09/14/17 Sold $2,905,000 +5.6% $360 / Sq Ft
09/07/2017 09/07/17 Pending -- -- --
08/23/2017 08/23/17 For Sale $2,750,000 -- $341 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Donna Marshall

    Seller's Agent in 2017

    Donna Marshall

    Skyline Properties, Inc

    (425) 422-0954

    39 Total Sales

    Section Image
  • Dan Swanson

    Seller Co-Listing Agent in 2017

    Dan Swanson

    Kidder Mathews

    (425) 444-6501

    60 Total Sales

    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1176750

Northwest Multiple Listing Service (NWMLS)

Washington King County Seattle 98103 Greenwood

8524 Phinney Ave N Unit 1-11, Seattle, WA

This home is located at 8524 Phinney Ave N Unit 1-11, Seattle, WA 98103 since 23 August 2017. This property was built in 1969. 8524 Phinney Ave N Unit 1-11 is a home located in King County with nearby schools including Greenwood Elementary School, Robert Eagle Staff Middle School, and Ingraham High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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