1428 16th Ave

—
Beds
—
Baths
4,750 Sq. Ft.
$126 / Sq. Ft.
4,750
Sq. Ft.
$126
per Sq. Ft.

Description

Great location and rare opportunity on Capitol Hill. Zoned LR3 triplex with three stories for two of the units, and third unit in basement. Newer composition roof, vinyl windows and siding. Close to shopping, restaurants, and all that Capitol Hill has to offer. Quiet enjoyable nieghborhood.Great location and rare opportunity on Capitol Hill. Zoned LR3 triplex with three stories for two of the units, and third unit in basement. Newer composition roof, vinyl windows and siding. Close to shopping, restaurants, and all that Capitol Hill has to offer. Quiet enjoyable nieghborhood.
  1. Listed by Bret C. Lane • Windermere RE West Campus Inc
  2. Listed by Corinne M. Lombardo • Windermere RE West Campus Inc

Property Details for 1428 16th Avenue

Community Name
Capitol Hill
School District
Seattle
View
Territorial
Number of Assigned Spaces
2
Total Covered Parking
0
Entry Date
11-01-2013
Sewer
Sewer Connected
LISTING UPDATED: 09/05/2024 05:24 AM

Property Details for 1428 16th Avenue

StatusSold
MLS #561861
Days on Market18
Cumulative Days on Market7
Taxes$1,615 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1904
Lot Size0.08 AC / 3,600 SF
CountyKing County

Location

Listing Courtesy of Windermere RE West Campus Inc

Sold By Windermere Real Estate Co.

Add your commute

Building Information for 1428 16th Avenue

Stories4Residences3Year Built1904Building Size-Lot Size0.08 AC / 3,600 SF

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$3,034 per month

30 year fixed, 6.11% Interest

Principal and Interest

$2,900

Property Taxes

$135

HOA Dues

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Property Information for 1428 16th Avenue

Summary
Location and General Information
  • Style: 53 - Tri-plex
  • Site Features: Cable TV, Fenced-Partially, Patio
  • Area: 390 - Central Seattle
  • Block: 13
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify
  • High School: Buyer To Verify
  • Directions: From E Madison St, head south on 16th Ave (1 Block)
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2012
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 2.0
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Furnished: Unfurnished
  • Floor Covering: Softwood, Hardwood, Vinyl, Carpet
  • Features: Forced Air, Fir/Softwood, Hardwood, Wall to Wall Carpet
  • Amenities: Basement
  • Fireplace: No
Exterior Features
  • Exterior: Metal/Vinyl, Wood
  • Roof: Composition
  • Security Features: FullyFenced
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 1300
  • Power Company: Seattle Public Utilities
  • Sewer Company: Seattle Public Utilities
  • Water Company: Seattle Public Utilities
  • Power Production Type: Electric, Oil
  • Utilities: Cable Connected, Sewer Connected, Electric, Oil
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • Zoning Class: Multi-Family
  • First Right Of Refusal: false
  • Possible Use: Multi-Family
  • Letter On File: Duplicate Prop Type,Undiscl Owner Info
  • Preliminary Title Ordered: Yes
  • Special Listing Conditions: None
  • Photos Count: 3
Lot Information
  • Lot Details: Curbs, Paved, Sidewalk
  • Lot Number: 5
  • Parcel Number Free Text: 7234600626
  • Building Condition: Fair
  • Calculated Square Footage: 4750
  • Structure Type: Triplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 4750.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 2
  • Number of Stories in Building: 4
  • Vacancy Rate: 5
  • Number Of Units Total: 3
  • Units Below Grade: true
  • Units In Building Total: 3
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 4615
  • Gross Adjusted Income: 42180
  • Gross Rent Multiplier: 16
  • Gross Scheduled Income: $44,400
  • Insurance Expense: $1,200
  • Net Operating Income: $42,180
  • Other Expenses: $500
  • Total Monthly Income: 3700
  • Fuel Expense: $0
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 4750.0
  • Leasable Area Units: Square Feet

Property History for 1428 16th Avenue

DateEvent & SourcePriceAppreciation
Jul 1, 2022

Sold

NWMLS #1923228

$1,600,000—
Jun 30, 2022

Sold (Public Record)

Public Record #1493121507

$1,600,000

+12.4% / yr

May 5, 2022

Pending

NWMLS #1923228

—
Apr 26, 2022

Listed (Active)

NWMLS #1923228

$1,600,000—
Jan 29, 2014

Sold

NWMLS #561861

$597,500—
Jan 23, 2014

Sold (Public Record)

Public Record #403984282

$597,500—
Nov 19, 2013

Pending

NWMLS #561861

—
Nov 1, 2013

Listed (Active)

NWMLS #561861

$699,900—
DateEvent & SourcePrice
07/01/2022

Sold

NWMLS #1923228

$1,600,000
06/30/2022

Sold (Public Record)

Public Record #1493121507

$1,600,000

+12.4% / yr

05/05/2022

Pending

NWMLS #1923228

—
04/26/2022

Listed (Active)

NWMLS #1923228

$1,600,000
01/29/2014

Sold

NWMLS #561861

$597,500
01/23/2014

Sold (Public Record)

Public Record #403984282

$597,500
11/19/2013

Pending

NWMLS #561861

—
11/01/2013

Listed (Active)

NWMLS #561861

$699,900

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

Public Records for 1428 16th Avenue

Taxable ValueLand$736,000Additions$779,000Total$1,515,000
Tax Record2024$14,608 ($1,217 / month)
Home Facts
Baths2.5Total Finished SqFt5,640 SqFtAbove Ground SqFt4,270 SqFtFinished Basement SqFt1,370 SqFtStories3Lot Size3,600 SqFtStyleTriplexYear Built1904ZoningLR3 (M)CountyKINGAPN723460-0626Fireplace TypeHas Fireplace

Schools near 1428 16th Avenue

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

Edmonds S. Meany Middle School
Public6 to 8

Garfield High School
Public9 to 12

Residential Consortium
PublicPK 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 RE West Campus Inc

Based on information submitted to the MLS GRID as of 09/05/2024 05:24 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.