Listed by Lee & Associates Commercial RE, Bought with Westlake Associates, Inc.
$2,400,000
SOLD JUL 7, 2021
-- Bed
-- Bath
4,640 Sq Ft
6,400 Sq Ft Lot

Recently Sold

$517 Per Sq Ft

14% Below List Price

236 Days on Market

Highlights

  • City View
  • Thermal Windows
  • Wall to Wall Carpet
  • John Hay Elementary School Rated A
  • Property is near a preserve or public land
  • 1-minute walk to Ward Springs Park

About This Home

As of July 2021

Nestled on the south slope of Queen Anne overlooking Lower Queen Anne & Downtown Seattle. A pride of ownership building, built in 1931, this eight-unit building consists 8 units with off-street & covered parking. Current ownership has maintained the building well & made updates to systems, kitchens and bathrooms. The building has averaged 1.36% vacancy rate. Elliott View’s idyllic location neighboring Ward Springs Pocket Park and its proximity to amenities is attractive to renters.

Last Agent to Sell the Property

Daniel Lim

Lee & Associates Commercial RE License #131121 Listed on: 09/16/2020

Lee & Associates Commercial RE

Co-Listed By

Candice Chevaillier, CCIM

Lee & Associates Commercial RE License #18886

Last Buyer's Agent

Collin Hagstrom

Westlake Associates, Inc. License #49398

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1663346

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,751

Year Built

  • Built in 1931

Lot Details

  • 6,400 Sq Ft Lot

Property Views

  • City
  • Territorial

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Wood Composite

Interior Spaces

  • 4,640 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Laminate

Parking

  • 8 Parking Spaces
  • Open Parking

Community Details

  • Queen Anne Subdivision
  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 5457801195

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,751

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1931
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 4640
  • Special Features: None
  • Cumulative Days on Market: 554

Interior Features

  • Fireplace: No
  • Flooring: Laminate, Carpet
  • Interior Amenities: Laminate Hardwood, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry,Thermal Windows

Exterior Features

  • Roof: Flat
  • View: City, Territorial
  • Lot Features: Adjacent to Public Land
  • View: Yes
  • Waterfront: No
  • Exterior Features: Brick, Wood Products
  • Structure Type: Multi Family

Garage/Parking

  • Carport Spaces: 5
  • Carport Y N: No
  • Open Parking Spaces: 3
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 3

Utilities

  • Sewer: Sewer Connected
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 8966

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 5457801195
  • Lot Size Acres: 0.1469
  • Lot Size Sq Ft: 6400
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: County
  • ZoningJurisdiction: City

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 17
  • LeasedItems: None
  • TotalMonthlyIncome: 12074

Multi Family

  • Gross Scheduled Income: 142260
  • Net Operating Income: 98135
  • Number Of Units Total: 8
  • Insurance Expense: 2800
  • Leasable Area: 4880
  • EnergySource: Electric
  • UnitsInBuildingTotal: 8
  • UnitsBelowGrade: true
  • VacancyRate: 3

Tax Info

  • Year: 2020
  • Tax Annual Amount: 22751

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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
06/06/2025 06/06/25 Pending -- -- --
05/29/2025 05/29/25 For Sale $2,160,000 -10.0% $460 / Sq Ft
07/07/2021 07/07/21 Sold $2,400,000 -2.0% $517 / Sq Ft
05/10/2021 05/10/21 Pending -- -- --
04/16/2021 04/16/21 Price Changed $2,450,000 -9.1% $528 / Sq Ft
01/06/2021 01/06/21 Price Changed $2,695,000 -3.8% $581 / Sq Ft
09/16/2020 09/16/20 For Sale $2,800,000 -- $603 / 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: 1663346

Northwest Multiple Listing Service (NWMLS)