Sold
Last Sold Price
3,500 sqft
2010 N 78th St, Seattle, WA 98103
Multi FamilyProperty Type
0.09 acresLot Size
1992Year Built
$571/sq ftPrice per sq ft
6 carsParking Spaces

Description

78th Street Classic City Studios and Suites, situated in Seattle’s Green Lake neighborhood, the building is just steps to Green Lake Park and popular neighborhood retail. Constructed in 1992, this 5-unit building consist of five 1-bedroom units averaging 700 SF. Well-maintained and improved throughout the course of ownership, recently 2010 N 78th Street has seen improvements. Upgrades are a new roof in 2020, full exterior repaint and a renovated owner's unit. The property offers a truly unique and...78th Street Classic City Studios and Suites, situated in Seattle’s Green Lake neighborhood, the building is just steps to Green Lake Park and popular neighborhood retail. Constructed in 1992, this 5-unit building consist of five 1-bedroom units averaging 700 SF. Well-maintained and improved throughout the course of ownership, recently 2010 N 78th Street has seen improvements. Upgrades are a new roof in 2020, full exterior repaint and a renovated owner's unit. The property offers a truly unique and enticing opportunity for those looking to own in the heart of Green Lake. With a young professional tenant base and a location steps from Green Lake Park and urban retail, 78th Street Apartment truly represents the best Green Lake has to offer.
  • Listed by: Christopher Larsen 206.624.2424 clarsen@lee-associates.com • Lee & Associates Commercial RE
  • Listed by: Candice Chevaillier 206.267.1457 candice@lee-associates.com • Lee & Associates Commercial RE
Listing closed: 07/25/2024 12:00 AM • Source: NWMLS as distributed by MLS GRID, MLS#: 2171731

Recent comparable sales

Median sold price

$1,545,000

Avg days on market

96

Sale-to-list ratio

91.5%

Seattle, WA

9 comparable properties found

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Location

Listing Courtesy of Lee & Associates Commercial RE

Sold By KW Greater Seattle

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Principal and Interest

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Property Taxes

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Property Information for 2010 North 78th Street

Property Details
  • Taxes: $14,309 / year
  • MLS Type: Residential Income
  • County: King County
  • Community Name: Green Lake
  • School District: Seattle
  • View: See Remarks
  • Number of Assigned Spaces: 6
  • Total Covered Parking: 4
  • Offers Review Date: 11-09-2023
  • Entry Date: 10-13-2023
  • Energy Source: Electric,Natural Gas
  • Sewer: Sewer Connected
Building Information
  • Stories: 3
  • Residences: 5
  • Year Built: 1992
  • Lot Size: 0.09 AC / 3,914 SF
Summary
Location and General Information
  • Style: 55 - 5-9 Units
  • Area: 705 - Ballard/Greenlake
  • Elementary School: Daniel Bagley
  • Middle Or Junior School: Robert Eagle Staff Middle School
  • High School: Ingraham High
  • Effective Year Built Source: Public Records
  • Directions: From E Green Lake Drive N, turn onto N 78th St.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2023
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 2.0
  • Open Parking: Yes
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 Plank, Carpet
  • Features: Wall to Wall Carpet
  • Amenities: See Remarks
  • Cooling: Yes
  • Cooling: Other – See Remarks
  • Fireplace: No
  • Heating: Yes
  • Heating: Forced Air
  • FIRPTA: No
Exterior Features
  • Exterior: Wood
  • Roof: Metal
Property
Utilities
  • Water Source: Community
  • Water/Sewer/Garbage: 5000
  • Power Company: See Remarks
  • Sewer Company: Public
  • Water Company: Water District
  • Power Production Type: Electric, Natural Gas
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1992
  • Photos Count: 15
Lot Information
  • Lot Details: Adjacent to Public Land
  • Lot Size Source: County
  • Parcel Number Free Text: 288320
  • Calculated Square Footage: 3500
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 3500.0
  • 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: 5
  • Units Below Grade: false
  • Units In Building Total: 5
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 33809
  • Gross Adjusted Income: 122550
  • Gross Rent Multiplier: 17
  • Gross Scheduled Income: $129,000
  • Insurance Expense: $1,760
  • Net Operating Income: $95,991
  • Other Expenses: $12,740
  • Total Monthly Income: 10817
  • Fuel Expense: $0
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 3500.0
  • Leasable Area Units: Square Feet

Property History for 2010 North 78th Street

DateEvent & SourcePriceAppreciation
Jul 25, 2024

Sold

NWMLS #2171731

$2,000,000
Feb 11, 2024

Pending

NWMLS #2171731

Oct 13, 2023

Listed (Active)

NWMLS #2171731

$2,195,000
DateEvent & SourcePrice
07/25/2024

Sold

NWMLS #2171731

$2,000,000
02/11/2024

Pending

NWMLS #2171731

10/13/2023

Listed (Active)

NWMLS #2171731

$2,195,000

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

Public Records for 2010 North 78th Street

Taxable ValueLand$978,500Additions$1,129,500Total$2,108,000
Tax Record2026$21,662 ($1,805 / month)
Home Facts
Baths1Total Finished SqFt3,744 SqFtAbove Ground SqFt3,744 SqFtStories3Lot Size3,914 SqFtStyleMulti-Family Res (5+ Units)Year Built1992Year Renovated2008ZoningLR3 (M)CountyKINGAPN288320-0385

Schools near 2010 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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Nearby home values

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. 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 05:47 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.