978 Edmonds Ave NE

Renton, WA 98056

$3,009,000
Last Sold Price
18
Beds
15
Baths
9,152 Sq. Ft.
$329 / Sq. Ft.
9,152
Sq. Ft.
$329
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Sold 11/27/24
Sold 11/27/24
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Listing provided courtesy of Keller Williams Eastside, Realty One Group Orca
Source: Northwest MLS

Description

978 Sunset Park consists of six large 3 bed/2.5 bath units. Each unit boasts high end finishes consisting of hardwood floors, stainless steel appliances, W/D in unit and a two car garage. The property is currently 1 tax parcel with the opportunity to convert to condo's and sell off individually. 978 Sunset Park offers investors the opportunity to purchase a unique turn-key asset close to 405, The Landing, Renton Highlands and all Renton has to offer.978 Sunset Park consists of six large 3 bed/2.5 bath units. Each unit boasts high end finishes consisting of hardwood floors, stainless steel appliances, W/D in unit and a two car garage. The property is currently 1 tax parcel with the opportunity to convert to condo's and sell off individually. 978 Sunset Park offers investors the opportunity to purchase a unique turn-key asset close to 405, The Landing, Renton Highlands and all Renton has to offer.
  1. Listed by Daniel Nunes • Keller Williams Eastside
    P: (425)-285-3200 danny@nunesgrouprealestate.com

Property Details for 978 Edmonds Avenue Northeast

Community Name
Renton
School District
Renton
View
Territorial
Number of Assigned Spaces
12
Total Covered Parking
12
Entry Date
09-30-2024
Energy Source
Electric,Natural Gas
Sewer
Sewer Connected
LISTING CLOSED: 11/27/2024 12:00 AM

Property Details for 978 Edmonds Avenue Northeast

StatusSold
MLS #2296075
Days on Market12
Cumulative Days on Market12
Taxes$26,995 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built2011
Lot Size0.31 AC / 13,503 SF
CountyKing County
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Location

Listing Courtesy of Keller Williams Eastside

Sold By Realty One Group Orca

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Building Information for 978 Edmonds Avenue Northeast

Stories3Residences6Year Built2011Building Size-Lot Size0.31 AC / 13,503 SF

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$17,544 per month

30 year fixed, 6.55% Interest

Principal and Interest

$15,294

Property Taxes

$2,250

HOA Dues

$0

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Property Information for 978 Edmonds Avenue Northeast

Summary
Location and General Information
  • Style: 55 - 5-9 Units
  • Area: 350 - Renton/Highlands
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify
  • High School: Buyer To Verify
  • Directions: From I-405, take Exit 5 toward E Sunset Blvd NE, turn left onto N Southport Dr, and then right on Edmonds Ave NE.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2024
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
  • Cooling: Yes
  • Cooling: Forced Air
  • Fireplace: No
  • Heating: Yes
  • Heating: Forced Air
  • FIRPTA: No
Exterior Features
  • Exterior: Wood
  • Roof: Composition
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 5580
  • Power Production Type: Electric, Natural Gas
Property and Assessments
  • New Construction YN: No
  • Foundation: Poured Concrete
  • First Right Of Refusal: false
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 18
Lot Information
  • Lot Size Source: Public Records
  • Parcel Number Free Text: 0923059131
  • Building Condition: Very Good
  • Calculated Square Footage: 9152
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 9152.0
  • 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: 3
  • Vacancy Rate: 4
  • Number Of Units Total: 6
  • Units Below Grade: false
  • Units In Building Total: 6
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 51229
  • Gross Adjusted Income: 192384
  • Gross Rent Multiplier: 14.97
  • Gross Scheduled Income: $200,400
  • Insurance Expense: $2,622
  • Net Operating Income: $141,155
  • Other Expenses: $16,032
  • Total Monthly Income: 16700
  • Fuel Expense: $0
Unit 1
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 1500
  • Rent Unit 1: $2,850.00
  • Bedrooms Unit 1: 3
  • Fireplaces Unit 1: 1
  • Bathrooms Unit 1: 3
Unit 2
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 1500
  • Rent Unit 2: $2,775.00
  • Bedrooms Unit 2: 3
  • Fireplaces Unit 2: 1
  • Bathrooms Unit 2: 3
Unit 3
  • Washer/Dryer Unit 3: true
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: true
  • Square Feet Unit 3: 1500
  • Rent Unit 3: $2,800.00
  • Bedrooms Unit 3: 3
  • Fireplaces Unit 3: 1
  • Bathrooms Unit 3: 3
Unit 4
  • Washer/Dryer Unit 4: true
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: true
  • Square Feet Unit 4: 1500
  • Rent Unit 4: $2,775.00
  • Bedrooms Unit 4: 3
  • Fireplaces Unit 4: 1
  • Bathrooms Unit 4: 3
Unit 5
  • Washer/Dryer Unit 5: true
  • Range/Oven Unit 5: true
  • Refrigerator Unit 5: true
  • Dishwasher Unit 5: true
  • Square Feet Unit 5: 1500
  • Rent Unit 5: $2,800.00
  • Bedrooms Unit 5: 3
  • Fireplaces Unit 5: 1
  • Bathrooms Unit 5: 3
Unit 6
  • Washer/Dryer Unit 6: true
  • Range/Oven Unit 6: true
  • Refrigerator Unit 6: true
  • Dishwasher Unit 6: true
  • Square Feet Unit 6: 1500
  • Rent Unit 6: $2,700.00
  • Bedrooms Unit 6: 3
  • Fireplaces Unit 6: 1
  • Bathrooms Unit 6: 3
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 9000.0
  • Leasable Area Units: Square Feet

Property History for 978 Edmonds Avenue Northeast

DateEvent & SourcePriceAppreciation
Nov 27, 2024

Sold

NWMLS #2296075

$3,009,000—
Nov 25, 2024

Sold (Public Record)

Public Record #1545754981

$3,009,000

+5.8% / yr

Oct 12, 2024

Pending

NWMLS #2296075

—
DateEvent & SourcePrice
11/27/2024

Sold

NWMLS #2296075

$3,009,000
11/25/2024

Sold (Public Record)

Public Record #1545754981

$3,009,000

+5.8% / yr

10/12/2024

Pending

NWMLS #2296075

—

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

Public Records for 978 Edmonds Avenue Northeast

Taxable ValueLand$256,500Additions$2,458,500Total$2,715,000
Tax Record2026$29,924 ($2,494 / month)
Home Facts
Baths1Total Finished SqFt9,152 SqFtAbove Ground SqFt9,152 SqFtStories3Lot Size13,503 SqFtStyleMulti-Family Res (5+ Units)Year Built2013Year Renovated2013ZoningRM-FCountyKINGAPN092305-9131

Schools near 978 Edmonds Avenue Northeast

This home is within Renton School District.
Rating
School
Type
Grades
Distance
Highlands Elementary School
Public - K to 5
McKnight Middle School
Public - 6 to 8
Renton Senior High School
Public - 9 to 12
Sartori Education Center
Public - 9 to 12
Rating
School
Distance
Highlands Elementary School
PublicK to 5

McKnight Middle School
Public6 to 8

Renton Senior High School
Public9 to 12

Sartori Education Center
Public9 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 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 Keller Williams Eastside

Based on information submitted to the MLS GRID as of 12/28/2024 04:02 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.