1400 N 95th St

—
Beds
—
Baths
6,440 Sq. Ft.
$621 / Sq. Ft.
6,440
Sq. Ft.
$621
per Sq. Ft.

Description

Investor alert! Rare opportunity to invest in 6-unit new construction complex in highly desirable Green Lake area. All units are leased on annual terms, REAL 4.1% cap rate, no maintenance required, tenants pay for utilities, no HOA. Built Green home, divided into 6 independent parcels. Each unit has 2 bedrooms with own bathrooms, half-bathroom on main level, garage (with washer, dryer and EV charging outlet), fully fenced patio plus roof top deck with gorgeous views of Seattle downtown and Mt Rainier....Investor alert! Rare opportunity to invest in 6-unit new construction complex in highly desirable Green Lake area. All units are leased on annual terms, REAL 4.1% cap rate, no maintenance required, tenants pay for utilities, no HOA. Built Green home, divided into 6 independent parcels. Each unit has 2 bedrooms with own bathrooms, half-bathroom on main level, garage (with washer, dryer and EV charging outlet), fully fenced patio plus roof top deck with gorgeous views of Seattle downtown and Mt Rainier. Modern open design kitchen, stainless steel appliances, steam shower, mini-split AC. Walking distance to parks, schools and restaurants. 10 year builder warranty. 1400, 1402, 1404, 1406, 1408, 1410.
  1. Listed by Kirill Kotlyarenko • HomeSmart Real Estate Assoc
    P: (206)-523-7653 kirill@kotlyarenko.com

Property Details for 1400 North 95th Street

Community Name
Green Lake
School District
Seattle
View
City
Number of Assigned Spaces
6
Total Covered Parking
6
Entry Date
11-29-2021
Energy Source
Electric
Sewer
Sewer Connected
LISTING UPDATED: 09/05/2024 05:44 AM

Property Details for 1400 North 95th Street

StatusSold
MLS #1867749
Days on Market107
Cumulative Days on Market108
Taxes$27,004 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built2021
Lot Size0.12 AC / 5,120 SF
CountyKing County

Location

Listing Courtesy of HomeSmart Real Estate Assoc

Sold By Marketplace Sotheby's Int Rty

Add your commute

Building Information for 1400 North 95th Street

Stories3Residences6Year Built2021Building Size-Lot Size0.12 AC / 5,120 SF

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Principal and Interest

$20,142

Property Taxes

$2,250

HOA Dues

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Property Information for 1400 North 95th Street

Summary
Location and General Information
  • Style: 55 - 5-9 Units
  • Site Features: Cable TV, Electric Car Charging, Fenced-Fully, High Speed Internet, Patio, Rooftop Deck
  • Area: 705 - Ballard/Greenlake
  • Elementary School: Viewlands
  • Middle Or Junior School: Robert Eagle Staff Middle School
  • High School: Ingraham High
  • Effective Year Built Source: Public Records
  • Directions: From Aurora Ave turn to N 94th St, then turn left on Stone Ave N, then turn right on N 95th St and drive forward until dead end.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2021
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 0.0
  • Open Parking: No
Interior and Exterior Features
Interior Features
  • Furnished: Unfurnished
  • Floor Covering: Ceramic Tile, Vinyl Plank
  • Features: Ductless HP-Mini Split, Ceramic Tile
  • New Construction: Completed
  • Amenities: Thermal Windows
  • Cooling: Yes
  • Fireplace: No
  • Heating: Yes
  • FIRPTA: No
Exterior Features
  • Exterior: Cement Planked
  • Roof: Flat
  • Security Features: PartiallyFenced
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 0
  • Power Company: Seattle Public Utilities
  • Sewer Company: Seattle Public Utilities
  • Water Company: Seattle Public Utilities
  • Power Production Type: Electric
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
Property and Assessments
  • New Construction YN: Yes
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • Zoning Class: Multi-Family,Residential
  • Construction Methods: Double Wall
  • Environmental Certification: Other-See Remarks
  • Estimated Completion Date: 2021-03-25
  • First Right Of Refusal: false
  • Possible Use: Multi-Family, Residential
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 2021
  • Photos Count: 20
Lot Information
  • Lot Details: Paved, Sidewalk
  • Lot Size Source: Realist
  • Parcel Number Free Text: 4310701552
  • Building Condition: Very Good
  • Calculated Square Footage: 6440
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 6440.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
  • Green Building Verification Type: Other
  • Green Energy Efficient: Thermal Windows, Double Wall
Multi Family
Building Details
  • Number of Uncovered Spaces: 0
  • Number of Stories in Building: 3
  • Vacancy Rate: 98
  • Number Of Units Total: 6
  • Units Below Grade: false
  • Units In Building Total: 6
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 31622
  • Gross Adjusted Income: 205800
  • Gross Rent Multiplier: 20.65
  • Gross Scheduled Income: $210,000
  • Insurance Expense: $4,618
  • Net Operating Income: $174,178
  • Other Expenses: $0
  • Total Monthly Income: 17500
  • Fuel Expense: $0
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 6440.0
  • Leasable Area Units: Square Feet

Property History for 1400 North 95th Street

DateEvent & SourcePriceAppreciation
Apr 19, 2022

Sold

NWMLS #1867749

$4,000,000—
Apr 12, 2022

Sold (Public Record)

Public Record #1488156069

$670,000—
Mar 17, 2022

Pending

NWMLS #1867749

—
Feb 15, 2022

Price Change

NWMLS #1867749

$4,250,000—
Dec 14, 2021

Price Change

NWMLS #1867749

$3,999,000—
Nov 29, 2021

Listed (Active)

NWMLS #1867749

$4,100,000—
DateEvent & SourcePrice
04/19/2022

Sold

NWMLS #1867749

$4,000,000
04/12/2022

Sold (Public Record)

Public Record #1488156069

$670,000
03/17/2022

Pending

NWMLS #1867749

—
02/15/2022

Price Change

NWMLS #1867749

$4,250,000
12/14/2021

Price Change

NWMLS #1867749

$3,999,000
11/29/2021

Listed (Active)

NWMLS #1867749

$4,100,000

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

Public Records for 1400 North 95th Street

Taxable ValueLand$215,000Additions$386,000Total$601,000
Tax Record2024$5,780 ($482 / month)
Home Facts
Beds2Baths3Total Finished SqFt1,050 SqFtAbove Ground SqFt960 SqFtFinished Basement SqFt90 SqFtStories3Lot Size1,026 SqFtStyleTownhouseYear Built2020ZoningLR3 (M)CountyKINGAPN431070-1552

Schools near 1400 North 95th Street

This home is within Seattle Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Viewlands Elementary School
PublicPK to 5

Robert Eagle Staff Middle School
Public6 to 8

Ingraham High School
Public9 to 12

Cascadia Elementary
PublicK to 5

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 HomeSmart Real Estate Assoc

Based on information submitted to the MLS GRID as of 09/05/2024 05:44 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.