10106 SW Bank Rd

Vashon, WA 98070

$2,854,600
Last Sold Price
—
Beds
—
Baths
22,830 Sq. Ft.
$125 / Sq. Ft.
22,830
Sq. Ft.
$125
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Sold 2/17/16
Sold 2/17/16
an aerial view of a house with a garden
Listing provided courtesy of Windermere R.E. Wall St. Inc., Windermere RE Vashon-Maury Isl, ZNonMember-Office-MLS
Source: Northwest MLS

Description

Great unit mix - 1 studio, 12 1BRs, 14 2BRs and a small manager's office, plus an additional 28 storage units with roll-up doors at the rear of the property. Apartment units are large, have storage rooms and washer-dryers in the units. There are 51 parking spaces, 46 open, 6 covered. Building is newer - 1994 construction.Great unit mix - 1 studio, 12 1BRs, 14 2BRs and a small manager's office, plus an additional 28 storage units with roll-up doors at the rear of the property. Apartment units are large, have storage rooms and washer-dryers in the units. There are 51 parking spaces, 46 open, 6 covered. Building is newer - 1994 construction.
  1. Listed by John A. Wellman • Windermere R.E. Wall St. Inc.
    P: (206)-448-6400 wallst@windermere.com
  2. Listed by Dick Bianchi • Windermere RE Vashon-Maury Isl
    P: (206)-463-9148 richard.bianchi@vashonislandsir.com

Property Details for 10106 Southwest Bank Road

Community Name
Vashon Island
School District
Vashon Island
Number of Assigned Spaces
51
Total Covered Parking
0
Entry Date
10-27-2015
Sewer
Sewer Connected
LISTING UPDATED: 09/05/2024 05:29 AM

Property Details for 10106 Southwest Bank Road

StatusSold
MLS #864330
Days on Market7
Cumulative Days on Market7
Taxes$38,138 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1994
Lot Size2.18 AC / 94,960 SF
CountyKing County
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Location

Listing Courtesy of Windermere R.E. Wall St. Inc.; Windermere RE Vashon-Maury Isl

Sold By ZNonMember-Office-MLS

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Building Information for 10106 Southwest Bank Road

Stories3Residences2Year Built1994Building Size-Lot Size2.18 AC / 94,960 SF

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$17,553 per month

30 year fixed, 6.46% Interest

Principal and Interest

$14,374

Property Taxes

$3,178

HOA Dues

$0

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Property Information for 10106 Southwest Bank Road

Summary
Location and General Information
  • Style: 56 - 10+ Units
  • Area: 800 - Vashon Island
  • Effective Year Built Source: Public Records
  • Directions: To Vashon town center on Vashon Highway, go west on main intersection (Bank Rd.) about 250 yards. Property on right, just beyond fire station.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2015
Parking
  • Number of Carport Spaces: 6.0
  • Carport: No
  • Open Parking Spaces: 45.0
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Furnished: Unfurnished
  • Fireplace: No
  • Heating: Yes
Exterior Features
  • Exterior: Wood
  • Roof: Composition
Property
Utilities
  • Water/Sewer/Garbage: 31000
  • Power Production Type: Electric
  • Utilities: Sewer Connected, Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Class: Multi-Family
  • First Right Of Refusal: false
  • Possible Use: Multi-Family
  • Preliminary Title Ordered: Yes
  • Special Listing Conditions: None
  • Year Built Effective: 1994
  • Photos Count: 1
Lot Information
  • Lot Size Source: King County Records
  • Parcel Number Free Text: 3023039214
  • Building Condition: Good
  • Calculated Square Footage: 22830
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 22830.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 45
  • Number of Stories in Building: 3
  • Vacancy Rate: 2
  • Number Of Units Total: 2
  • Units Below Grade: false
  • Units In Building Total: 27
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 125127
  • Gross Adjusted Income: 292177
  • Gross Rent Multiplier: 10
  • Gross Scheduled Income: $298,140
  • Insurance Expense: $11,139
  • Net Operating Income: $167,050
  • Other Expenses: $27,300
  • Total Monthly Income: 24845
  • Fuel Expense: $0
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 22830.0
  • Leasable Area Units: Square Feet

Property History for 10106 Southwest Bank Road

DateEvent & SourcePriceAppreciation
Feb 17, 2016

Sold

NWMLS #864330

$2,854,600—
Nov 3, 2015

Pending

NWMLS #864330

—
Oct 27, 2015

Listed (Active)

NWMLS #864330

$2,900,000—
DateEvent & SourcePrice
02/17/2016

Sold

NWMLS #864330

$2,854,600
11/03/2015

Pending

NWMLS #864330

—
10/27/2015

Listed (Active)

NWMLS #864330

$2,900,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 10106 Southwest Bank Road

Taxable ValueLand$379,800Additions$4,447,200Total$4,827,000
Tax Record2024$53,669 ($4,472 / month)
Home Facts
Total Finished SqFt22,815 SqFtAbove Ground SqFt22,815 SqFtStories3Lot Size47,480 SqFtStyleMulti-Family Dwelling (2-4)Year Built1994Year Renovated2008ZoningR4PCountyKINGAPN302303-9214

Schools near 10106 Southwest Bank Road

This home is within Vashon Island School District.
Rating
School
Type
Grades
Distance
Chautauqua Elementary School
Public - PK to 5
Family Link
Public - K to 12
Mcmurray Middle School
Public - 6 to 8
Student Link
Public - 9 to 12
Rating
School
Distance
Chautauqua Elementary School
PublicPK to 5

Family Link
PublicK to 12

Mcmurray Middle School
Public6 to 8

Student Link
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Windermere R.E. Wall St. Inc.; Windermere RE Vashon-Maury Isl

Based on information submitted to the MLS GRID as of 09/05/2024 05:29 AM. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.