NOT LISTED FOR SALE
-- Bed
-- Bath
7,976 Sq Ft
0.3 Acres

Last Sold March 12, 2020

Last sale price $2,935,000 $368 Per Sq Ft

293 Days on Market

Highlights

  • 0.3 Acre Lot
  • Wood Siding
  • 2-minute walk to Barton Street P-Patch
  • Patio
  • Wall to Wall Carpet

About This Home

As of March 2020

Significant price reduction plus all windows have been replaced. Best value deal on the market. Fully rented and stabilized 5.20% cap building in West Seattle. The Fauntleroy location is close to parks, Westwood Village shopping center, and directly on bus lines. Opportunity to add an additional studio unit. Future redevelopment possibility with 13,216 SqFt of NC2P-55 upzoned land.

Last Agent to Sell the Property

Ethan Szmania

The Foundation Group LLC License #125178 Listed on: 03/05/2019

Co-Listed By

Aaron Locke

The Foundation Group LLC License #107646

Last Buyer's Agent

Ethan Szmania

The Foundation Group LLC License #125178 Listed on: 03/05/2019

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1419126

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,303

Year Built

  • Built in 1959

Lot Details

  • 0.3 Acre Lot
  • Property is in good condition

Home Design

  • Flat Roof Shape
  • Slab Foundation
  • Wood Siding

Interior Spaces

  • 7,976 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate

Parking

  • 10 Parking Spaces
  • Open Parking

Outdoor Features

  • Patio

Community Details

  • Fauntleroy Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2491200880

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,303

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1959
  • Buyer Agency Compensation: 2
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 7976
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 642

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Laminate, Carpet
  • Interior Amenities: Laminate Hardwood, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry,See Remarks

Exterior Features

  • Roof: Flat
  • Lot Features: Alley
  • View: No
  • Waterfront: No
  • Exterior Features: See Remarks, Wood
  • Foundation Details: Slab
  • Property Condition: Good
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 10
  • Open Parking: Yes
  • Total Parking Spaces: 10
  • ParkingUncoveredSpaces: 10

Utilities

  • Sewer: Available
  • Heating Yn: Yes
  • Utilities: Electric
  • WaterCompany: public
  • WaterSewerGarbage: 14300

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 2491200880
  • Lot Size Acres: 0.3034
  • Lot Size Sq Ft: 13216
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Patio
  • MLSLotSizeSource: King County Assessor
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14
  • LeasedItems: Washer/Dryer
  • TotalMonthlyIncome: 18746

Multi Family

  • Gross Scheduled Income: 214020
  • Net Operating Income: 156053
  • Number Of Units Total: 13
  • Insurance Expense: 4749
  • Leasable Area: 7976
  • UnitsInBuildingTotal: 13
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2019
  • Tax Annual Amount: 15303

Range of Values:

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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
03/12/2020 03/12/20 Sold $2,935,000 -2.2% $368 / Sq Ft
12/23/2019 12/23/19 Pending -- -- --
09/30/2019 09/30/19 Price Changed $3,000,000 -1.6% $376 / Sq Ft
09/03/2019 09/03/19 Price Changed $3,050,000 0.0% $382 / Sq Ft
09/03/2019 09/03/19 For Sale $3,050,000 +3.9% $382 / Sq Ft
09/01/2019 09/01/19 Off Market $2,935,000 -- --
08/02/2019 08/02/19 For Sale $3,070,000 0.0% $385 / Sq Ft
07/17/2019 07/17/19 Pending -- -- --
06/25/2019 06/25/19 For Sale $3,070,000 +4.6% $385 / Sq Ft
06/24/2019 06/24/19 Off Market $2,935,000 -- --
05/22/2019 05/22/19 Price Changed $3,070,000 -1.0% $385 / Sq Ft
03/05/2019 03/05/19 For Sale $3,100,000 +40.9% $389 / Sq Ft
06/15/2017 06/15/17 Sold $2,200,000 +10.3% $223 / Sq Ft
06/02/2017 06/02/17 Pending -- -- --
05/16/2017 05/16/17 For Sale $1,995,000 -- $202 / 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: 1419126

Northwest Multiple Listing Service (NWMLS)