Last Sold Price
2,961 sqft$405/sqft
520 N 47th St, Seattle, WA 98103

Description

-Value-Add Triplex or LR1 Rowhouse Development-
Long term tenants on Month-to-month, rent increases are in place and will start Aug 1. Two garage spaces with extra storage room in each with a total of 5 parking spots. Building is made up of three large 2bed/1bath units with W/D in each unit. 5,000 sf corner lot. Seller is in a 1031 Exchange. See OM in the supplements for more information.
-Value-Add Triplex or LR1 Rowhouse Development-
Long term tenants on Month-to-month, rent increases are in place and will start Aug 1. Two garage spaces with extra storage room in each with a total of 5 parking spots. Building is made up of three large 2bed/1bath units with W/D in each unit. 5,000 sf corner lot. Seller is in a 1031 Exchange. See OM in the supplements for more information.
LISTING CLOSED: 09/18/2018 12:00 AM

Listing Agent

  1. Erich Bubbel

    Erich Bubbel

    Listing Agent

    The Foundation Group LLC

    P: (206)-399-3285

Property Details for 520 North 47th Street

Status
MLS #
1325539
Days on Market
18
Cumulative Days on Market
18
Taxes
$8,013 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential Income
Year Built
1977
Lot Size
0.11 AC / 5,000 SF
Community Name
Seattle
School District
Seattle
Number of Assigned Spaces
5
Total Covered Parking
2
Offers Review Date
07-23-2018
Entry Date
07-07-2018
Sewer
Sewer Connected

Location

Listing Courtesy of The Foundation Group LLC

Sold By The Foundation Group LLC

Add your commute

Building Information for 520 North 47th Street

Stories2Residences3Year Built1977Building Size-Lot Size0.11 AC / 5,000 SF

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$6,767 per month

30 year fixed, 6.55% Interest

Principal and Interest

$6,099

Property Taxes

$668

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 520 North 47th Street

Summary
Location and General Information
  • Style: 53 - Tri-plex
  • Site Features: Deck, Fenced-Partially
  • Area: _705BallardGreenlak
  • Effective Year Built Source: Public Records
  • Directions: North on I5, Head east on N 45th St, Right on Evanston Ave N. Triplex is on the corner of Evanston & N 47th
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2018
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 3.0
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Furnished: Unfurnished
  • Fireplace: No
  • Heating: Yes
  • FIRPTA: No
Exterior Features
  • Exterior: Metal/Vinyl, Wood Products
  • Roof: Composition
  • Security Features: FullyFenced
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 3426
  • Power Company: Public
  • Water Company: Public
  • Power Production Type: Electric
  • Utilities: Sewer Connected, Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Class: Multi-Family
  • Possible Use: Multi-Family
  • Preliminary Title Ordered: Yes
  • Special Listing Conditions: None
  • Year Built Effective: 1977
  • Photos Count: 15
Lot Information
  • Lot Details: Corner Lot, Curbs, Paved, Sidewalk
  • Lot Size Source: Public Records
  • Parcel Number Free Text: 0850000495
  • Calculated Square Footage: 2961
  • Structure Type: Triplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 2961.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 3
  • Number of Stories in Building: 2
  • Vacancy Rate: 4
  • Number Of Units Total: 3
  • Units Below Grade: false
  • Units In Building Total: 3
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 16011
  • Gross Adjusted Income: 54950
  • Gross Rent Multiplier: 20
  • Gross Scheduled Income: $57,240
  • Insurance Expense: $1,129
  • Net Operating Income: $38,939
  • Other Expenses: $3,443
  • Total Monthly Income: 4770
  • Fuel Expense: $0
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 2961.0
  • Leasable Area Units: Square Feet

Property History for 520 North 47th Street

DateEvent & SourcePriceAppreciation
Sep 18, 2018

Sold

NWMLS #1325539

$1,200,000
Jul 25, 2018

Pending

NWMLS #1325539

Jul 7, 2018

Listed (Active)

NWMLS #1325539

$1,150,000
DateEvent & SourcePrice
09/18/2018

Sold

NWMLS #1325539

$1,200,000
07/25/2018

Pending

NWMLS #1325539

07/07/2018

Listed (Active)

NWMLS #1325539

$1,150,000

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

Public Records for 520 North 47th Street

Taxable ValueLand$205,800Additions-Total$205,800
Tax Record2022$1,964 ($164 / month)
Home Facts
Baths3Total Finished SqFt2,960 SqFtAbove Ground SqFt2,960 SqFtStories1Lot Size865 SqFtStyleTriplexYear Built1977ZoningLR1 (M)CountyKINGAPN085000-0495

Schools near 520 North 47th Street

This home is within Seattle Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 8
Rating
School
Distance
B F Day Elementary School
PublicPK to 5

Hamilton International Middle School
Public6 to 8

Lincoln High School
Public9 to 12

Cascade Parent Partnership Program
PublicK to 8

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.

Similar Homes

New listings in 98103

$399,999 | 506 North 45th Street, Unit 302, Seattle, WA 98103
1/18

Courtesy of NWMLS

New

$399,999

1
Bedrooms
619
Square Feet
$399,950 | 5819 Phinney Avenue North, Unit 305, Seattle, WA 98103
1/25

Courtesy of NWMLS

Open: 8/8 01:00PM - 03:00PMNew

$399,950

1
Bedrooms
690
Square Feet
$3,695,000 | 1404 North 95th Street, Seattle, WA 98103
1/31

Courtesy of NWMLS

New

$3,695,000

12
Bedrooms
18
Bathrooms
6,440
Square Feet
0.12
Acres
$1,500,000 | 721 North 79th Street, Seattle, WA 98103
1/33

Courtesy of NWMLS

Open: 8/8 12:00PM - 02:00PMNew

$1,500,000

3
Bedrooms
2,920
Square Feet
0.07
Acres
$780,000 | 4315 Linden Avenue North, Unit A, Seattle, WA 98103
1/40

Courtesy of NWMLS

Virtual TourNew

$780,000

2
Bedrooms
1,260
Square Feet
0.03
Acres
$1,015,000 | 1717 North 82nd Street, Seattle, WA 98103
1/37

Courtesy of NWMLS

Open: 8/7 04:00PM - 06:00PMVirtual Tour

$1,015,000

4
Bedrooms
1,767
Square Feet
0.09
Acres
$474,900 | 1612 North 92nd Street, Seattle, WA 98103
1/15

Courtesy of NWMLS

New

$474,900

2
Bedrooms
685
Square Feet
0.02
Acres
$1,399,880 | 8509 Burke Avenue North, Seattle, WA 98103
1/40

Courtesy of NWMLS

Listed By CompassOpen: 8/7 04:00PM - 06:00PM

$1,399,880

4
Bedrooms
2,490
Square Feet
0.12
Acres
$1,750,000 | 9556 Phinney Avenue North, Seattle, WA 98103
1/40

Courtesy of NWMLS

Open: 8/8 12:00PM - 03:00PMNew

$1,750,000

3
Bedrooms
3,430
Square Feet
0.15
Acres

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 The Foundation Group LLC

Based on information submitted to the MLS GRID as of 09/05/2024 05:36 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.