Listed by Northmarq Multifamily, LLC
NOT LISTED FOR SALE

9099 Seward Park Ave S Seattle, WA 98118

Dunlap Neighborhood

Estimated Value: $1,037,144

-- Bed
1 Bath
2,420 Sq Ft
$429/Sq Ft Est. Value

Last Sold March 03, 2021

Last sale price $905,000 $374 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $6,467/month

495 Days on Market

Highlights

  • Lake View
  • Wood Siding
  • 2-minute walk to Chinook Beach Park
  • Corner Lot

About This Home

As of March 2021

9099 Mixed-Use is a property with tremendous potential, suitable for a variety of investor profiles including owner-users. The 6-unit property was originally constructed in 1993 and is being offered for sale for the first time by the original owners. 9099 consists of 3 street-level commercial spaces and 3 second-story residential studios. There is upside left in the property, with rents slightly below market and additional opportunities to boost income.

Last Agent to Sell the Property

Matt Johnston

Northmarq Multifamily, LLC License #135732 Listed on: 06/18/2020

Co-Listed By

Jason Kono

Pilot Ventures LLC License #79925

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1619439

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,754

Year Built

  • Built in 1993

Lot Details

  • 7,926 Sq Ft Lot
  • Corner Lot

Home Design

  • Bitumen Roof
  • Wood Siding

Interior Spaces

  • 2,420 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring
  • Lake Views

Parking

  • 5 Parking Spaces
  • Open Parking

Community Details

  • Rainier Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7129304850

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,754

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1993
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2420
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 464

Interior Features

  • Possible Use: Commercial
  • Fireplace: No
  • Flooring: Laminate
  • Interior Amenities: Forced Air, Laminate Hardwood
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Torch Down
  • View: Lake
  • Lot Features: Corner Lot
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • 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
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 4157

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 7129304850
  • Lot Size Acres: 0.182
  • Lot Size Sq Ft: 7926
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: KC Parcel Viewer
  • ZoningJurisdiction: City
  • ZoningClass: Commercial

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 5509

Multi Family

  • Gross Scheduled Income: 66108
  • Net Operating Income: 40172
  • Number Of Units Total: 6
  • Insurance Expense: 1596
  • Leasable Area: 2420
  • UnitsInBuildingTotal: 6
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2019
  • Tax Annual Amount: 5754

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2020
Closed on
Mar 3, 2021
Sold by
9099 Llc
Bought by
Shimelis Adal and Negash Almaz
Seller's Agent
Matt Johnston
Northmarq Multifamily, LLC
List Price
$930,000
Sold Price
$905,000
Premium/Discount to List
-$25,000
-2.69%
Current Estimated Value
$1,037,144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,144
Avg. Annual Appreciation
3.43%
Original Mortgage
$330,000
Outstanding Balance
$299,163
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$750,766

Purchase Details

Closed on
Jun 6, 2002
Sold by
Arson Michael Louis and Arson Lucille Patricia
Bought by
9099 Llc

Purchase Details

Closed on
Jun 15, 1999
Sold by
Arson Michael L and Arson Lucille P
Bought by
Arson Michael Louis and Arson Lucille Patricia
Source: Public Records

Range of Values:

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Average Value
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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

Purchase History

Date Buyer Sale Price Title Company
Shimelis Adal $910,000 First American Title
9099 Llc -- --
Arson Michael Louis -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shimelis Adal $330,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2021 03/03/21 Sold $905,000 -2.7% $374 / Sq Ft
10/29/2020 10/29/20 Pending -- -- --
07/21/2020 07/21/20 For Sale $930,000 0.0% $384 / Sq Ft
07/16/2020 07/16/20 Pending -- -- --
06/22/2019 06/22/19 For Sale $930,000 -- $384 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $8,863 $804,000 $594,400 $209,600
2023 $7,803 $827,300 $594,400 $232,900
2022 $6,681 $804,700 $594,400 $210,300
2021 $6,951 $620,900 $435,900 $185,000
2020 $5,754 $626,200 $435,900 $190,300
2018 $5,346 $469,900 $277,400 $192,500
2017 $5,183 $464,500 $277,400 $187,100
2016 $5,289 $471,300 $277,400 $193,900
2015 $4,957 $478,100 $277,400 $200,700
2014 -- $478,900 $277,400 $201,500
2013 -- $478,000 $277,400 $200,600
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Matt Johnston

    Northmarq Multifamily, LLC

    Section Image

  • J

    Seller Co-Listing Agent in 2021

    Jason Kono

    Pilot Ventures LLC

    (206) 566-6600

    1 in this area

    11 Total Sales

    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1619439

Northwest Multiple Listing Service (NWMLS)

APN: 712930-4850

Washington King County Seattle 98118 Dunlap

9099 Seward Park Ave S, Seattle, WA

This home is located at 9099 Seward Park Ave S, Seattle, WA 98118 since 18 June 2020 and is currently estimated at $1,037,144, approximately $428 per square foot. This property was built in 1993. 9099 Seward Park Ave S is a home located in King County with nearby schools including Emerson Elementary School, Aki Kurose Middle School, and Rainier Beach 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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