Last Sold Price
4,310 sqft$423/sqft
906 N 74th St, Seattle, WA 98103

Description

The Greenlake 6 offers an investor the opportunity to own a great building with larger units and with minor updating will be able to attain market rate rents. With minor updates, a new owner can achieve a stabilized CAP of 5.46%. The building is located in the sought after Greenlake neighborhood with its popular recreational activities. It offers 2.5-mile walking trail and 4-mile bike trail around the lake as well as soccer fields, fishing, baseball fields, tennis courts, paddle boarding and many...The Greenlake 6 offers an investor the opportunity to own a great building with larger units and with minor updating will be able to attain market rate rents. With minor updates, a new owner can achieve a stabilized CAP of 5.46%. The building is located in the sought after Greenlake neighborhood with its popular recreational activities. It offers 2.5-mile walking trail and 4-mile bike trail around the lake as well as soccer fields, fishing, baseball fields, tennis courts, paddle boarding and many other water activities that happen year-round. This location provides quick access to South Lake Union, University of Washington’s main campus, the Woodland Park Zoo as well as many restaurants and entertainment establishments in the area.
LISTING CLOSED: 11/04/2022 12:00 AM

  1. Listed by Chad Martini • Paragon Real Estate Advisors
    P: (206)-623-8880 chad@westlakeassociates.com
  2. Listed by David W. Petersen • Paragon Real Estate Advisors
    P: (206)-623-8880 david@westlakeassociates.com

Property Details for 906 North 74th Street

Status
MLS #
1990023
Days on Market
18
Cumulative Days on Market
120
Taxes
$14,739 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential Income
Year Built
1963
Lot Size
0.14 AC / 6,000 SF
Community Name
Green Lake
School District
Seattle
Number of Assigned Spaces
4
Total Covered Parking
0
Entry Date
08-30-2022
Energy Source
Electric
Sewer
Sewer Connected

Location

Listing Courtesy of Paragon Real Estate Advisors

Sold By Heaton Dainard, LLC

Add your commute

Building Information for 906 North 74th Street

Stories2Residences6Year Built1963Building Size-Lot Size0.14 AC / 6,000 SF

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$10,505 per month

30 year fixed, 6.55% Interest

Principal and Interest

$9,276

Property Taxes

$1,228

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 906 North 74th Street

Summary
Location and General Information
  • Style: 55 - 5-9 Units
  • Area: 705 - Ballard/Greenlake
  • Directions: From downtown Seattle, get on WA-99 N/Aurora Ave N from 4th Ave. Continue onto WA-99 N/Aurora Ave N. Continue on Winona Ave N. Drive to N 74th St.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2022
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 4.0
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Furnished: Unfurnished
  • Features: Hot Water Recirc Pump
  • Fireplace: No
Exterior Features
  • Exterior: Wood Products
  • Roof: Flat
Property
Utilities
  • Water/Sewer/Garbage: 6058
  • Power Production Type: Electric
  • Utilities: Sewer Connected, Electric
Property and Assessments
  • New Construction YN: No
  • Preliminary Title Ordered: No
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 23
Lot Information
  • Lot Size Source: King County
  • Parcel Number Free Text: 3362400105
  • Calculated Square Footage: 4310
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 4310.0
  • 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: 0
  • Number Of Units Total: 6
  • Units Below Grade: false
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 31985
  • Gross Adjusted Income: 112260
  • Gross Rent Multiplier: 13.77
  • Gross Scheduled Income: $11,260
  • Insurance Expense: $2,400
  • Net Operating Income: $80,275
  • Other Expenses: $8,788
  • Total Monthly Income: 8835
  • Fuel Expense: $0
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 4310.0
  • Leasable Area Units: Square Feet

Property History for 906 North 74th Street

DateEvent & SourcePriceAppreciation
Nov 4, 2022

Sold (Public Record)

Public Record #1500721178

$1,824,100
Nov 4, 2022

Sold

NWMLS #1990023

$1,825,000
Sep 17, 2022

Pending

NWMLS #1990023

DateEvent & SourcePrice
11/04/2022

Sold (Public Record)

Public Record #1500721178

$1,824,100
11/04/2022

Sold

NWMLS #1990023

$1,825,000
09/17/2022

Pending

NWMLS #1990023

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

Public Records for 906 North 74th Street

Taxable ValueLand$1,320,000Additions$416,000Total$1,736,000
Tax Record2026$18,377 ($1,531 / month)
Home Facts
Total Finished SqFt4,100 SqFtAbove Ground SqFt4,100 SqFtStories2Lot Size6,000 SqFtStyleMulti-Family Res (5+ Units)Year Built1963Year Renovated1990ZoningLR2 (M)CountyKINGAPN336240-0105

Schools near 906 North 74th 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.

Similar Homes

New listings in 98103

$750,000 | 7403 Dayton Avenue North, Seattle, WA 98103
1/37

Courtesy of NWMLS

New

$750,000

2
Bedrooms
1,103
Square Feet
0.02
Acres
$984,950 | 933 North 87th Street, Seattle, WA 98103
1/38

Courtesy of NWMLS

New

$984,950

5
Bedrooms
2,157
Square Feet
0.04
Acres
$924,950 | 931 North 87th Street, Seattle, WA 98103
1/40

Courtesy of NWMLS

New

$924,950

3
Bedrooms
1,830
Square Feet
0.04
Acres
$954,950 | 929 North 87th Street, Seattle, WA 98103
1/38

Courtesy of NWMLS

New

$954,950

3
Bedrooms
1,929
Square Feet
0.05
Acres
$399,999 | 506 North 45th Street, Unit 302, Seattle, WA 98103
1/18

Courtesy of NWMLS

$399,999

1
Bedrooms
619
Square Feet
$578,000 | 6505 Dayton Avenue North, Seattle, WA 98103
1/29

Courtesy of NWMLS

$578,000

2
Bedrooms
1,510
Square Feet
0.06
Acres
$1,149,900 | 533 North 70th Street, Seattle, WA 98103
1/34

Courtesy of NWMLS

Open: 8/9 01:00PM - 03:00AMVirtual Tour

$1,149,900

3
Bedrooms
1,647
Square Feet
0.03
Acres
$989,000 | 1413 North 48th Street, Seattle, WA 98103
1/21

Courtesy of NWMLS

Open: 8/9 12:00PM - 02:00PM

$989,000

3
Bedrooms
1,640
Square Feet
0.03
Acres
$949,000 | 1706 North 50th Street, Seattle, WA 98103
1/26

Courtesy of NWMLS

$949,000

4
Bedrooms
1,840
Square Feet
0.10
Acres

Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 906 North 74th Street, Seattle, WA 98103
$1,825,000
4,310
6,000
$820,000
3
1,540
1,005
$827,100
3
1,540
1,005
$924,000
3
1,540
1,005
$460,000
3
1,540
0
$301,950
3
1,522

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 Paragon Real Estate Advisors

Based on information submitted to the MLS GRID as of 09/05/2024 05:45 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.