15 Ward St

Beds
Baths
7,050 Sq. Ft.
$433 / Sq. Ft.
7,050
Sq. Ft.
$433
per Sq. Ft.

Description

Hillside House (HH) is well-positioned within an attractive Upper Queen Anne's residential location. With breathtaking views overlooking Dwntn & the Puget Sound, this 1964 building is the perfect opp. for those seeking a highly desired location w/ current in place income. Unit mix consists of 2 studios, 8 1-bed, and 1 penthouse 2-bed unit feat rooftop deck, fireplace, private laundry. Updates & amenities includes copper plumbing, new water heaters for each unit (2022), private patio & covered onsite...Hillside House (HH) is well-positioned within an attractive Upper Queen Anne's residential location. With breathtaking views overlooking Dwntn & the Puget Sound, this 1964 building is the perfect opp. for those seeking a highly desired location w/ current in place income. Unit mix consists of 2 studios, 8 1-bed, and 1 penthouse 2-bed unit feat rooftop deck, fireplace, private laundry. Updates & amenities includes copper plumbing, new water heaters for each unit (2022), private patio & covered onsite parking. With proximity and ease of access to Dwntn & SLU, HH provides prospective tenants a true sense of everything that Seattle has to offer, and investors w/ the opp. to obtain a “trophy” asset in one of Seattle most desired locations.
  1. Listed by Dea Sumantri • Lee & Associates Commercial RE
    P: (206)-267-1457 dsumantri@lee-associates.com
  2. Listed by Christopher Larsen • Lee & Associates Commercial RE
    P: (206)-624-2424 clarsen@lee-associates.com

Property Details for 15 Ward Street

Community Name
Queen Anne
School District
Seattle
View
Sound
Number of Assigned Spaces
6
Total Covered Parking
0
Offers Review Date
01-18-2024
Entry Date
12-07-2023
Energy Source
Electric
LISTING UPDATED: 09/05/2024 05:48 AM

Property Details for 15 Ward Street

StatusSold
MLS #2184459
Days on Market75
Cumulative Days on Market211
Taxes$27,709 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built1964
Lot Size0.14 AC / 6,000 SF
CountyKing County

Location

Listing Courtesy of Lee & Associates Commercial RE

Sold By Lee & Associates Commercial RE

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Building Information for 15 Ward Street

Stories3Residences11Year Built1964Building Size-Lot Size0.14 AC / 6,000 SF

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Principal and Interest

$15,198

Property Taxes

$2,309

HOA Dues

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Property Information for 15 Ward Street

Summary
Location and General Information
  • Style: 56 - 10+ Units
  • Site Features: Deck, High Speed Internet, Patio
  • Area: 700 - Queen Anne/Magnolia
  • Effective Year Built Source: Public Records
  • Directions: On Queen Anne Ave N heading North, turn right on Ward St. Building on your right
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2023
Parking
  • Number of Carport Spaces: 4.0
  • Carport: No
  • Open Parking Spaces: 2.0
  • Open Parking: Yes
Virtual Tour
Interior and Exterior Features
Interior Features
  • Floor Covering: Vinyl Plank, Carpet
  • Features: Wall to Wall Carpet
  • Amenities: Coin Op Laundry,Storage
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard, Radiant
Exterior Features
  • Exterior: Cement/Concrete
  • Roof: Flat
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 12000
  • Power Company: SCL
  • Sewer Company: SPU
  • Water Company: SPU
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: County
  • Foundation: Poured Concrete
  • Zoning Class: Multi-Family
  • First Right Of Refusal: false
  • Possible Use: Multi-Family
  • MLS Square Footage Source: Parcel Viewer
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1990
  • Photos Count: 17
Lot Information
  • Lot Details: Curbs, Paved, Sidewalk
  • Lot Size Dimensions: 6000
  • Lot Size Source: Parcel Viewer
  • Parcel Number Free Text: 3879900215
  • Building Condition: Good
  • Calculated Square Footage: 7050
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 7050.0
  • 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: 3
  • Vacancy Rate: 5
  • Number Of Units Total: 11
  • Units Below Grade: false
  • Units In Building Total: 11
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 66460
  • Gross Adjusted Income: 169974
  • Gross Rent Multiplier: 17.9
  • Gross Scheduled Income: $178,920
  • Insurance Expense: $6,660
  • Net Operating Income: $104,354
  • Other Expenses: $20,091
  • Total Monthly Income: 14980
  • Fuel Expense: $0
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 6600.0
  • Leasable Area Units: Square Feet

Property History for 15 Ward Street

DateEvent & SourcePriceAppreciation
Feb 26, 2024

Sold

NWMLS #2184459

$3,050,000
Feb 21, 2024

Sold (Public Record)

Public Record #1527714317

$3,050,000
Feb 20, 2024

Pending

NWMLS #2184459

DateEvent & SourcePrice
02/26/2024

Sold

NWMLS #2184459

$3,050,000
02/21/2024

Sold (Public Record)

Public Record #1527714317

$3,050,000
02/20/2024

Pending

NWMLS #2184459

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

Public Records for 15 Ward Street

Taxable ValueLand$1,410,000Additions$1,640,000Total$3,050,000
Tax Record2025$31,397 ($2,616 / month)
Home Facts
Total Finished SqFt6,600 SqFtAbove Ground SqFt6,600 SqFtStories4Lot Size6,000 SqFtStyleMulti-Family Res (5+ Units)Year Built1964Year Renovated1990ZoningLR3 (M)CountyKINGAPN387990-0215

Schools near 15 Ward Street

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 - 9 to 12
Rating
School
Distance
Hay Elementary School
PublicK to 5

McClure Middle School
Public6 to 8

Lincoln High School
Public9 to 12

The Center School
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 Lee & Associates Commercial RE

Based on information submitted to the MLS GRID as of 09/05/2024 05:48 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.