2008 N 78th St

Beds
Baths
4,200 Sq. Ft.
$952 / Sq. Ft.
4,200
Sq. Ft.
$952
per Sq. Ft.

Description

Situated in Seattle’s Green Lake neighborhood, the property is just steps to Green Lake Park and popular neighborhood retail. Constructed in 1955, this 12 unit building consist of five studio and seven 1-bedroom units with an average of 350 SF. While the building has been well-maintained and improved throughout the course of ownership, all units have been fully renovated. Improvements consist of new granite countertops, new LVT flooring, new appliances and even new common washer dryers.Situated in Seattle’s Green Lake neighborhood, the property is just steps to Green Lake Park and popular neighborhood retail. Constructed in 1955, this 12 unit building consist of five studio and seven 1-bedroom units with an average of 350 SF. While the building has been well-maintained and improved throughout the course of ownership, all units have been fully renovated. Improvements consist of new granite countertops, new LVT flooring, new appliances and even new common washer dryers.
  1. Listed by Christopher Larsen • Lee & Associates Commercial RE
    P: (206)-624-2424 clarsen@lee-associates.com
  2. Listed by Candice Chevaillier • Lee & Associates Commercial RE
    P: (206)-267-1457 candice@lee-associates.com

Property Details for 2008 North 78th Street

Community Name
Green Lake
School District
Seattle
Number of Assigned Spaces
6
Total Covered Parking
6
Offers Review Date
11-09-2023
Entry Date
06-07-2023
Energy Source
Electric,Natural Gas
Sewer
Sewer Connected
LISTING UPDATED: 09/05/2024 05:47 AM

Property Details for 2008 North 78th Street

StatusSold
MLS #2077882
Days on Market183
Cumulative Days on Market245
Taxes$22,749 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built1955
Lot Size0.11 AC / 4,990 SF
CountyKing County

Location

Listing Courtesy of Lee & Associates Commercial RE

Sold By KW Greater Seattle

Add your commute

Building Information for 2008 North 78th Street

Stories2Residences12Year Built1955Building Size-Lot Size0.11 AC / 4,990 SF

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$21,828 per month

30 year fixed, 6.36% Interest

Principal and Interest

$19,932

Property Taxes

$1,896

HOA Dues

$0

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Property Information for 2008 North 78th Street

Summary
Location and General Information
  • Style: 56 - 10+ Units
  • Area: 705 - Ballard/Greenlake
  • Elementary School: Seattle Public Sch
  • Middle Or Junior School: Seattle Public Sch
  • High School: Seattle Public Sch
  • Effective Year Built Source: Public Records
  • Directions: When heading North on E Greenlake Dr N, Take a right on N 78th St.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2023
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 0.0
  • Open Parking: No
Interior and Exterior Features
Bathroom Information
  • Full Baths Upper: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Upper: 0
  • Main Level Bathrooms: 0
Bedroom Information
  • Bedrooms Upper: 0
  • Bedrooms Possible: 0
Interior Features
  • Fireplaces Total: 0
  • Floor Covering: Vinyl
  • Amenities: See Remarks
  • Cooling: Yes
  • Cooling: Other – See Remarks
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard, Forced Air
Exterior Features
  • Exterior: See Remarks
  • Roof: See Remarks
Property
Utilities
  • Water Source: Community
  • Water/Sewer/Garbage: 12000
  • Power Company: Seattle City Light
  • Sewer Company: Public
  • Water Company: Public
  • Power Production Type: Electric, Natural Gas
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: See Remarks
  • Zoning Class: Multi-Family
  • First Right Of Refusal: true
  • Possible Use: Multi-Family
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 2019
  • Photos Count: 11
Lot Information
  • Lot Details: Adjacent to Public Land, Corner Lot, Paved, Sidewalk
  • Lot Size Source: County
  • Parcel Number Free Text: 2883200380
  • Calculated Square Footage: 4200
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 4200.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 0
  • Number of Stories in Building: 2
  • Vacancy Rate: 5
  • Number Of Units Total: 12
  • Units Below Grade: false
  • Units In Building Total: 17
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 65213
  • Gross Adjusted Income: 226176
  • Gross Rent Multiplier: 18.5
  • Gross Scheduled Income: $238,080
  • Insurance Expense: $3,600
  • Net Operating Income: $172,063
  • Other Expenses: $26,864
  • Total Monthly Income: 20415
  • Fuel Expense: $0
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 7700.0
  • Leasable Area Units: Square Feet

Property History for 2008 North 78th Street

DateEvent & SourcePriceAppreciation
Jul 25, 2024

Sold

NWMLS #2077882

$4,000,000
Feb 11, 2024

Pending

NWMLS #2077882

Dec 7, 2023

Expired

NWMLS #2077882

DateEvent & SourcePrice
07/25/2024

Sold

NWMLS #2077882

$4,000,000
02/11/2024

Pending

NWMLS #2077882

12/07/2023

Expired

NWMLS #2077882

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

Public Records for 2008 North 78th Street

Taxable ValueLand$1,247,500Additions$1,997,500Total$3,245,000
Tax Record2025$33,333 ($2,778 / month)
Home Facts
Total Finished SqFt4,200 SqFtAbove Ground SqFt4,200 SqFtStories2Lot Size4,990 SqFtStyleMulti-Family Dwelling (2-4)Year Built1955Year Renovated1995ZoningLR3 (M)CountyKINGAPN288320-0380

Schools near 2008 North 78th 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 - 6 to 12
Rating
School
Distance
Daniel Bagley Elementary School
PublicK to 5

Robert Eagle Staff Middle School
Public6 to 8

Ingraham High School
Public9 to 12

Education Service Centers
Public6 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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Listing Courtesy of Lee & Associates Commercial RE

Based on information submitted to the MLS GRID as of 09/05/2024 05:47 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.