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

Sale Details

Date 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)
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,679

Year Built

  • Built in 1953

Lot Details

  • 4,100

Parking

  • 2 Covered Spaces

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

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

4,100 Sq Ft Lot

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
  • Structure Type: Multi Family
  • 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

Garage/Parking

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

Utilities

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

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

Tax Info

  • Year: 2022
  • Tax Annual Amount: 18679

Multi Family

  • Number Of Units Total: 6
  • EnergySource: Electric
  • UnitsBelowGrade: false

MLS Schools

  • Elementary School: Lowell

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2022
Closed on
Aug 22, 2022
Sold by
Bought by
Seller's Agent
Dan Swanson
Kidder Mathews
List Price
$3,750,000
Sold Price
$3,650,000
Premium/Discount to List
-$100,000
-2.67%

Purchase Details

Closed on
May 27, 2014
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,456,000
Interest Rate
4.23%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 3, 2011
Sold by
Bought by

Purchase Details

Closed on
Dec 20, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$570,000
Interest Rate
3.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 23, 1999
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$3,647,000 Fidelity National Title
$1,159,347 First American
-- None Available
$1,050,000 Chicago Title
-- Pacific Northwest Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $2,500,000
Previous Owner $2,432,000
Previous Owner $1,456,000
Previous Owner $570,000
Previous Owner $618,800
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $18,937 $1,813,000 $1,230,000 $583,000
2024 $17,051 $1,756,000 $1,312,000 $444,000
2023 $18,027 $2,040,000 $1,312,000 $728,000
2022 $18,679 $2,123,000 $984,000 $1,139,000
2021 $20,865 $2,031,000 $984,000 $1,047,000
2020 $20,273 $2,166,000 $1,168,500 $997,500
2018 $15,339 $1,755,000 $820,000 $935,000
2017 $14,250 $1,545,000 $820,000 $725,000
2016 $9,058 $1,485,000 $492,000 $993,000
2015 -- $905,000 $492,000 $413,000
2014 -- $800,000 $492,000 $308,000
2013 -- $820,000 $451,000 $369,000
Source: Public Records

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1920746

Northwest Multiple Listing Service (NWMLS)
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