NOT LISTED FOR SALE
Studio
-- Bath
-- Sq Ft
1930 Built

Sale Details

Date Sold: August 6, 2013

Last sale price $4,325,000

13 Days on Market

Highlights

  • City View
  • Wood Flooring
  • Corner Lot
  • Garfield High School Rated A

About This Home

As of August 2013

Please do not disturb the residents. The La Vanch is a classic 1930's Brick Art Deco building in a great Capitol Hill location. The building is in excellent condition and features hardwood floors, intercom entry, garages and free wifi.

Last Agent to Sell the Property

Eric Smith

Paragon Real Estate Advisors License #3434 Listed on: 05/09/2013

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM485278

Northwest Multiple Listing Service (NWMLS)
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Property Views

  • City
  • Territorial

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Flooring

  • Wood
  • Ceramic Tile

Additional Features

  • 3-Story Property
  • Corner Lot

Community Details

  • 20 Units

Listing and Financial Details

  • Assessor Parcel Number 2663000080

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Listing Details

  • Property Type: Multifamily
  • Style: 10+ Units
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Floor Covering: Ceramic Tile, Hardwood

Exterior Features

  • Exterior: Brick
  • Foundation: Poured Concrete
  • Roof: Flat
  • View: City, Territorial

Garage/Parking

  • Numberof Garage Spaces: 9
  • Total Numberof Parking Spaces: 9

Utilities

  • Heating And Cooling: Radiator
  • Sewer: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Numberof Units in Building: 20
  • Amenities: Coin Op Laundry, Thermal Windows

Schools

  • School District: SEA

Lot Info

  • Lot Details: Corner Lot, Curbs, Paved Street, Sidewalk
  • Parcel Number: 2663000080

Multi Family

  • Gross Adjusted Income: 306365
  • Gross Rent Multiplier: 14
  • Insurance Expenses: 7096
  • Other Expenses: 70606
  • Total Expenses: 104326
  • Total Monthly Income: 24675
  • Total Expenses: 104326
  • Vacancy Rate: 3

Tax Info

  • Tax Amount: 26624

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

Closed on
Jun 12, 2019
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
$4,200,000
Outstanding Balance
$3,614,498
Interest Rate
4%
Mortgage Type
Commercial

Purchase Details

Listed on
May 9, 2013
Closed on
Jul 12, 2013
Sold by
Bought by
Seller's Agent
Eric Smith
Paragon Real Estate Advisors
List Price
$4,500,000
Sold Price
$4,325,000
Premium/Discount to List
-$175,000
-3.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,800,000
Interest Rate
3.92%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Oct 8, 2002
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
$1,397,500
Interest Rate
6.17%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 2, 2002
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
$1,397,500
Interest Rate
6.17%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 23, 1999
Sold by
Bought by

Purchase Details

Closed on
Feb 3, 1999
Sold by
Bought by

Purchase Details

Closed on
Feb 1, 1999
Sold by
Bought by

Purchase Details

Closed on
Dec 23, 1998
Sold by
Bought by

Purchase Details

Closed on
Sep 30, 1998
Sold by
Bought by

Purchase Details

Closed on
Sep 28, 1963
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
$6,847,000 Fidelity National Title
$4,322,000 Fidelity
-- First American
-- First American
$441,830 --
-- --
-- Washington Title Company
-- Chicago Title Insurance 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
Open $4,200,000
Previous Owner $3,450,000
Previous Owner $2,800,000
Previous Owner $1,900,000
Previous Owner $1,900,000
Previous Owner $1,397,500
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
08/06/2013 08/06/13 Sold $4,325,000 -3.9% --
05/23/2013 05/23/13 Pending -- -- --
05/09/2013 05/09/13 For Sale $4,500,000 -- --
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 $45,235 $4,384,000 $2,766,600 $1,617,400
2024 $43,635 $4,560,000 $2,951,000 $1,609,000
2023 $49,376 $5,769,000 $2,951,000 $2,818,000
2022 $48,533 $5,900,000 $2,259,300 $3,640,700
2021 $60,669 $5,339,000 $2,259,300 $3,079,700
2020 $57,871 $6,376,000 $2,674,300 $3,701,700
2018 $49,129 $5,597,000 $1,844,400 $3,752,600
2017 $44,784 $5,028,000 $1,844,400 $3,183,600
2016 $35,109 $4,739,000 $1,106,600 $3,632,400
2015 -- $3,609,000 $1,106,600 $2,502,400
2014 -- $3,500,000 $1,106,600 $2,393,400
2013 -- $2,870,000 $1,014,400 $1,855,600
Source: Public Records

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM485278

Northwest Multiple Listing Service (NWMLS)
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