Listed by Skyline Properties, Inc.
NOT LISTED FOR SALE
-- Bed
-- Bath
12,008 Sq Ft
5,125 Sq Ft Lot

Last Sold April 30, 2020

Last sale price $5,725,000 $477 Per Sq Ft

90 Days on Market

Highlights

  • Newly Remodeled
  • Thermal Windows
  • Vinyl Flooring
  • Daniel Bagley Elementary School Rated A-
  • Property is in very good condition

About This Home

As of April 2020

Built in 2018, the Midvale Apts consist of 20 units, Built Green with large open floorplans and views of downtown and Mt Rainier, they have granite counters, heat-pump heating and air conditioning, on-demand hot water supply, tile back-splashes and crown molding, high end stainless steel KitchenAid appliances, and washers and dryers in unit. Noise reduction includes triple pane windows, and an additional thick cork underlayment for condo quality sound barriers. High quality finishes throughout.

Last Agent to Sell the Property

Mace Erickson

Skyline Properties, Inc. License #24105 Listed on: 10/08/2019

Skyline Properties, Inc.

Co-Listed By

Sam Ghanim

The Paragon Group License #135586

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1528671

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $41,930

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • 5,125 Sq Ft Lot
  • Property is in very good condition

Home Design

  • Poured Concrete

Interior Spaces

  • 12,008 Sq Ft Home
  • Thermal Windows
  • Vinyl Flooring

Parking

  • 5 Parking Spaces
  • Open Parking

Utilities

  • Heat Pump System

Community Details

  • Greenwood Subdivision
  • 5-Story Property

Listing and Financial Details

  • Assessor Parcel Number 0993001580

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$41,930

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 2018
  • Buyer Agency Compensation: 1.75%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: Yes
  • CalculatedSquareFootage: 12008
  • EffectiveYearBuiltSource: Public Records
  • NewConstruction: Completed
  • Special Features: NewHome
  • Cumulative Days on Market: 430

Interior Features

  • Fireplace: No
  • Flooring: Vinyl
  • Interior Amenities: Heat Pump
  • Stories: 5
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Fire Sprinklers,Thermal Windows

Exterior Features

  • Roof: See Remarks
  • View: No
  • Waterfront: No
  • Exterior Features: Cement/Concrete
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 5
  • Open Parking: Yes
  • Total Parking Spaces: 5
  • ParkingUncoveredSpaces: 5

Utilities

  • Sewer: Sewer Connected
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 50110

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 0993001580
  • Lot Size Acres: 0.1177
  • Lot Size Sq Ft: 5125
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: King County Dept of Assessment

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 16
  • LeasedItems: None
  • TotalMonthlyIncome: 421332

Multi Family

  • Gross Scheduled Income: 365844
  • Net Operating Income: 283164
  • Number Of Units Total: 20
  • Insurance Expense: 5164
  • Leasable Area: 11410
  • UnitsInBuildingTotal: 20
  • UnitsBelowGrade: true
  • VacancyRate: 3

Tax Info

  • Year: 2019
  • Tax Annual Amount: 41930

Range of Values:

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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
04/30/2020 04/30/20 Sold $5,725,000 -4.5% $477 / Sq Ft
01/06/2020 01/06/20 Pending -- -- --
11/13/2019 11/13/19 Price Changed $5,995,000 -4.8% $499 / Sq Ft
10/08/2019 10/08/19 For Sale $6,295,000 -- $524 / 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: 1528671

Northwest Multiple Listing Service (NWMLS)