Listed by Westlake Associates, Inc., Bought with Al Mayes Properties Hawk LLC
$2,349,000
SOLD JAN 30, 2025

8820 Stone Ave N Seattle, WA 98103

North College Park Neighborhood
16 Beds
14 Baths
6,558 Sq Ft
6,938 Sq Ft Lot

Recently Sold

$358 Per Sq Ft

13% Below List Price

99 Days on Market

Highlights

  • No HOA
  • Baseboard Heating
  • Wood Siding
  • Daniel Bagley Elementary School Rated A-
  • Partially Fenced Property

About This Home

As of January 2025

Located in the up-and-coming neighborhood of North Green Lake, this 7-unit apartment is on the market for the first time since the current owner had it built in 1991. This property offers investors the opportunity to own and manage an easily maintained and easy to rent building with immediate rental upside and value-add potential. Each unit is spacious and has their own washer/dryer. The basement also has a laundry area that all tenants have access to. Over the years the units have been updated with new carpets, paint and appliances when needed. Located 2 blocks from a major transit line, quick and easy access to I-5 and Hwy 99, and less than a 5-minute drive to Northgate Mall and the new Light Rail Station.

Last Agent to Sell the Property

Travis Kannier

Westlake Associates, Inc. License #79950

Last Buyer's Agent

Al Mayes

Al Mayes Properties Hawk LLC License #12624

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2297074

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,384

Year Built

  • Built in 1991

Lot Details

  • 6,938 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 6,558 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 14 Bathrooms

Parking

  • 7 Parking Spaces
  • 7 Covered Spaces

Utilities

  • Baseboard Heating

Community Details

  • No Home Owners Association
  • Licton Springs Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0993001000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,384

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1991
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 6558
  • Special Features: None
  • Cumulative Days on Market: 186

Interior Features

  • Possible Use: Multi-Family
  • Total Bedrooms: 16
  • Fireplace: No
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 7
  • Open Parking: No
  • Total Parking Spaces: 7
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • WaterSewerGarbage: 6400

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 0993001000
  • Lot Size Acres: 0.1593
  • Lot Size Sq Ft: 6938
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially
  • MLSLotSizeSource: King County Assessor
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 13.34
  • LeasedItems: None
  • TotalMonthlyIncome: 15305

Multi Family

  • Gross Scheduled Income: 183660
  • Net Operating Income: 136743
  • Number Of Units Total: 7
  • Insurance Expense: 10750
  • Leasable Area: 6558
  • EnergySource: Electric
  • UnitsInBuildingTotal: 7
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2024
  • Tax Annual Amount: 18384

Map

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
01/30/2025 01/30/25 Sold $2,349,000 -4.1% $358 / Sq Ft
01/08/2025 01/08/25 Pending -- -- --
12/13/2024 12/13/24 Price Changed $2,450,000 -5.0% $374 / Sq Ft
11/01/2024 11/01/24 Price Changed $2,580,000 -4.4% $393 / Sq Ft
10/01/2024 10/01/24 For Sale $2,700,000 -- $412 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2297074

Northwest Multiple Listing Service (NWMLS)

Washington King County Seattle 98103 North College Park

8820 Stone Ave N, Seattle, WA

Homes for Sale in Seattle, WA

This home is located at 8820 Stone Ave N, Seattle, WA 98103 and is currently priced at $2,349,000, approximately $358 per square foot. This property was built in 1991. 8820 Stone Ave N is a home located in King County with nearby schools including Daniel Bagley 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) 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. ©2025 NWMLS.

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