Listed by Kidder Mathews
NOT LISTED FOR SALE

938 10th Ave E Unit 1-6 Seattle, WA 98102

Capitol Hill Neighborhood
-- Bed
-- Bath
5,440 Sq Ft
4,100 Sq Ft Lot

Last Sold August 24, 2022

Last sale price $3,650,000 $671 Per Sq Ft

64 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Thermal Windows
  • Garfield High School Rated A
  • No HOA
  • Patio

About This Home

As of August 2022

The Villa townhome apartments are located close to Volunteer Park and blocks from Capitol Hill's entertainment and cultural offerings on Broadway. Each townhome offers a private entry, renovated kitchens, updated bathrooms and a private back patio. The penthouse flats feature vaulted ceilings, contemporary finishes, exterior balconies, large windows and complete privacy. The building itself offers storage lockers, garages, mostly upgraded electrical and plumbing systems and a newer roof (5 years old). The property has easy access to SLU, downtown and the UW. With a historical record of near 100% occupancy and full collections since January 2020, the Villa offers a secure investment at a 4.4% caprate on current income and expense.

Last Agent to Sell the Property

Dan Swanson

Kidder Mathews License #13533 Listed on: 04/21/2022

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1920746

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,679

Year Built

  • Built in 1953

Lot Details

  • 4,100

Home Design

  • Flat Roof Shape
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 5,440 Sq Ft Home
  • 3-Story Property
  • Thermal Windows

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl Plank
  • Vinyl

Parking

  • 2 Parking Spaces
  • 2 Covered Spaces

Outdoor Features

  • Deck
  • Patio

Schools

  • Lowell Elementary School
  • Meany Mid Middle School
  • Garfield High School

Additional Features

  • 4,100 Sq Ft Lot
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Villa Apartments Condos
  • North Capitol Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2663000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,679

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1953
  • Buyer Agency Compensation: 2
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Villa Apartments
  • New Construction: No
  • CalculatedSquareFootage: 5440
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Vinyl, Vinyl Plank
  • Interior Amenities: Forced Air, Ceramic Tile, Hardwood
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Basement,Fire Sprinklers,Storage,Thermal Windows

Exterior Features

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

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking: No
  • Total Parking Spaces: 2
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Utilities: High Speed Internet, Sewer Connected, Electric
  • WaterSewerGarbage: 10441

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Seattle
  • High School: Garfield High
  • Middle Or Junior School: Meany Mid

Lot Info

  • Parcel Number: 2663000101
  • Lot Size Acres: 0.0941
  • Lot Size Sq Ft: 4100
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,High Speed Internet,Patio
  • MLSLotSizeSource: county records
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 16
  • LeasedItems: None
  • TotalMonthlyIncome: 19645

Multi Family

  • Gross Scheduled Income: 235738
  • Net Operating Income: 164695
  • Number Of Units Total: 6
  • Insurance Expense: 2161
  • Leasable Area: 4710
  • EnergySource: Electric
  • UnitsInBuildingTotal: 6
  • UnitsBelowGrade: false
  • VacancyRate: 4

Tax Info

  • Year: 2022
  • Tax Annual Amount: 18679

MLS Schools

  • Elementary School: Lowell

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 List to Sale Price per Sq Ft
08/24/2022 08/24/22 Sold $3,650,000 -2.7% $671 / Sq Ft
06/24/2022 06/24/22 Pending -- -- --
04/21/2022 04/21/22 For Sale $3,750,000 -- $689 / 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: 1920746

Northwest Multiple Listing Service (NWMLS)