409 SW 155th St

—
Beds
—
Baths
5,972 Sq. Ft.
$239 / Sq. Ft.
5,972
Sq. Ft.
$239
per Sq. Ft.

Description

Value-add investment opportunity. Built in 1986, the Hazle Maes Apts. is well positioned in the heart of downtown Burien and is comprised of eight units with a good balance of large one- and two-bedroom floor plans. The apartments have functional layouts, abundant storage, complete kitchen appliance packages, fireplaces, and private balconies. Upper floor units enjoy great territorial and mountain views to the east. Community amenities include a common laundry room, resident storage room with lockers...Value-add investment opportunity. Built in 1986, the Hazle Maes Apts. is well positioned in the heart of downtown Burien and is comprised of eight units with a good balance of large one- and two-bedroom floor plans. The apartments have functional layouts, abundant storage, complete kitchen appliance packages, fireplaces, and private balconies. Upper floor units enjoy great territorial and mountain views to the east. Community amenities include a common laundry room, resident storage room with lockers and lots of off-street parking with covered and open stalls available in front as well as on the south side via the alley.
  1. Listed by Ryan Iles • Paragon Real Estate Advisors
    P: (206)-623-8880 ryan@paragonrea.com

Property Details for 409 Southwest 155th Street

Community Name
Burien
School District
Highline
Number of Assigned Spaces
12
Total Covered Parking
0
Entry Date
05-11-2023
Energy Source
Electric
Sewer
Sewer Connected
LISTING UPDATED: 09/05/2024 05:46 AM

Property Details for 409 Southwest 155th Street

StatusSold
MLS #2066965
Days on Market124
Cumulative Days on Market33
Taxes$17,623 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built1986
Lot Size0.17 AC / 7,500 SF
CountyKing County

Location

Listing Courtesy of Paragon Real Estate Advisors

Sold By Newberry Realty Renton

Add your commute

Building Information for 409 Southwest 155th Street

Stories2Residences8Year Built1986Building Size-Lot Size0.17 AC / 7,500 SF

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$8,648 per month

30 year fixed, 6.46% Interest

Principal and Interest

$7,180

Property Taxes

$1,469

HOA Dues

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Property Information for 409 Southwest 155th Street

Summary
Location and General Information
  • Style: 55 - 5-9 Units
  • Area: 130 - Burien/Normandy Park
  • Directions: From Downtown Seattle, get on Hwy 99 S/WA-99 S from Madison St. Continue to WA-509 S. Follow WA-509 S to S 160th St in Burien. Take the S. 160th St exit from WA-509 S. Continue on S 160th St.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2023
Parking
  • Number of Carport Spaces: 8.0
  • Carport: No
  • Open Parking Spaces: 4.0
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Furnished: Unfurnished
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard
Exterior Features
  • Exterior: Wood Products
  • Roof: Flat
Property
Utilities
  • Water/Sewer/Garbage: 9500
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Foundation: Poured Concrete
  • Preliminary Title Ordered: No
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 22
Lot Information
  • Lot Size Source: King County
  • Parcel Number Free Text: 1220001250
  • Calculated Square Footage: 5972
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 5972.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 4
  • Number of Stories in Building: 2
  • Vacancy Rate: 4
  • Number Of Units Total: 8
  • Units Below Grade: false
  • Units In Building Total: 8
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 42024
  • Gross Adjusted Income: 125798
  • Gross Rent Multiplier: 11.41
  • Gross Scheduled Income: $131,040
  • Insurance Expense: $3,301
  • Net Operating Income: $83,774
  • Other Expenses: $11,600
  • Total Monthly Income: 10920
  • Fuel Expense: $0
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 5972.0
  • Leasable Area Units: Square Feet

Property History for 409 Southwest 155th Street

DateEvent & SourcePriceAppreciation
Oct 23, 2023

Sold

NWMLS #2066965

$1,425,843—
Oct 19, 2023

Sold (Public Record)

Public Record #1520801625

$1,425,843

+6.1% / yr

Sep 12, 2023

Pending

NWMLS #2066965

—
May 11, 2023

Listed (Active)

NWMLS #2066965

$1,495,000—
Oct 27, 2015

Sold

NWMLS #850801

$890,000—
Oct 21, 2015

Sold (Public Record)

Public Record #558446540

$888,800

+1.2% / yr

Sep 29, 2015

Pending

NWMLS #850801

—
Sep 23, 2015

Listed (Active)

NWMLS #850801

$895,000—
Sep 1, 2006

Sold

NWMLS #26083580

$795,000—
Jul 21, 2006

Sold (Public Record)

Public Record #201429572

$795,000

+57.1% / yr

Jun 14, 2006

Pending

NWMLS #26083580

—
May 26, 2006

Listed (Active)

NWMLS #26083580

$795,000—
Jul 11, 2005

Sold (Public Record)

Public Record #161214734

$500,000

+3.2% / yr

Apr 30, 2001

Sold (Public Record)

Public Record #72041865

$438,000—
DateEvent & SourcePrice
10/23/2023

Sold

NWMLS #2066965

$1,425,843
10/19/2023

Sold (Public Record)

Public Record #1520801625

$1,425,843

+6.1% / yr

09/12/2023

Pending

NWMLS #2066965

—
05/11/2023

Listed (Active)

NWMLS #2066965

$1,495,000
10/27/2015

Sold

NWMLS #850801

$890,000
10/21/2015

Sold (Public Record)

Public Record #558446540

$888,800

+1.2% / yr

09/29/2015

Pending

NWMLS #850801

—
09/23/2015

Listed (Active)

NWMLS #850801

$895,000
09/01/2006

Sold

NWMLS #26083580

$795,000
07/21/2006

Sold (Public Record)

Public Record #201429572

$795,000

+57.1% / yr

06/14/2006

Pending

NWMLS #26083580

—
05/26/2006

Listed (Active)

NWMLS #26083580

$795,000
07/11/2005

Sold (Public Record)

Public Record #161214734

$500,000

+3.2% / yr

04/30/2001

Sold (Public Record)

Public Record #72041865

$438,000

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

Public Records for 409 Southwest 155th Street

Taxable ValueLand$195,000Additions$1,327,000Total$1,522,000
Tax Record2024$16,951 ($1,413 / month)
Home Facts
Total Finished SqFt5,976 SqFtAbove Ground SqFt5,976 SqFtStories2Lot Size7,500 SqFtStyleMulti-Family Dwelling (2-4)Year Built1986Year Renovated2001ZoningRM-24CountyKINGAPN122000-1250Fireplace TypeHas Fireplace

Schools near 409 Southwest 155th Street

This home is within Highline School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 12
Rating
School
Distance
Gregory Heights Elementary School
PublicPK to 5

Sylvester Middle School
Public6 to 8

Highline High School
Public9 to 12

Highline Public Schools Virtual Academy
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 Paragon Real Estate Advisors

Based on information submitted to the MLS GRID as of 09/05/2024 05:46 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.