1154 Northwest 59th Street
1154 Northwest 59th Street
Seattle, WA 98107
$4,900,000
Last Sold Price
14
Beds
14
Baths
9,006 Sq. Ft.
$544 / Sq. Ft.
9,006
Sq. Ft.
$544
per Sq. Ft.
Sold 11/15/22
Sold 11/15/22
Listing provided courtesy of Westlake Associates, Inc., First Exclusive, Inc.
Description
Located in Seattle’s popular Ballard neighborhood, Ravenwood is an attractive 14-unit building that has been meticulously maintained. The low maintenance building is comprised of spacious one-bedroom units with high quality finishes that offer desirable modern amenities. The apartments have efficient floor plans that offer an abundance of natural light and open kitchen designs that highlight the stylish stainless appliances. All the units have newly surfaced decks with territorial views of the surrounding...Located in Seattle’s popular Ballard neighborhood, Ravenwood is an attractive 14-unit building that has been meticulously maintained. The low maintenance building is comprised of spacious one-bedroom units with high quality finishes that offer desirable modern amenities. The apartments have efficient floor plans that offer an abundance of natural light and open kitchen designs that highlight the stylish stainless appliances. All the units have newly surfaced decks with territorial views of the surrounding urban neighborhood. Ravenwood has an excellent value-add opportunity for prospective buyers to make easy cosmetic improvements like flooring & surfaces over time and capitalize on the rising rental rates of surrounding newer construction.
- Listed by Ian Brown • Westlake Associates, Inc.
Property Details for 1154 Northwest 59th Street
Community Name
Woodland Park
School DistrictSeattle
Number of Assigned Spaces16
Total Covered Parking0
Entry Date06-20-2022
Energy SourceElectric
SewerSewer Connected
Location
Listing Courtesy of Westlake Associates, Inc.![]()
Sold By First Exclusive, Inc.
Add your commute
LISTING UPDATED: 11/16/2022 12:07 PM
Property Details for 1154 Northwest 59th Street
| Status | Sold |
|---|---|
| MLS # | 1955227 |
| Days on Market | 101 |
| Cumulative Days on Market | 592 |
| Taxes | $35,487 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1990 |
| Lot Size | 0.23 AC / 10,200 SF |
| County | King County |
Location
Listing Courtesy of Westlake Associates, Inc.![]()
Sold By First Exclusive, Inc.
Add your commute
Building Information for 1154 Northwest 59th Street
Stories3Residences14Year Built1990Building Size-Lot Size0.23 AC / 10,200 SF
Payment Calculator
$29,699 per month
30 year fixed, 7.25% Interest
Principal and Interest
$26,741
Property Taxes
$2,957
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 1154 Northwest 59th Street
Summary
Location and General Information
- Style: 56 - 10+ Units
- Area: 705 - Ballard/Greenlake
- Directions: On Aurora Ave N/WA-99 N, take a slight right onto Green Lake Way N, left toward N 46th St. Continue on NW Market St. Turn right onto 14th Ave NW. Turn right onto NW 59th St. Site will be on the left.
- 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: 16.0
- Open Parking: Yes
Interior and Exterior Features
Interior Features
- Furnished: Unfurnished
- Fireplace: No
- Heating: Yes
Exterior Features
- Exterior: Wood
- Roof: Composition
Property
Utilities
- Heating and Cooling: Wall
- Water/Sewer/Garbage: 14482
- Power Production Type: Electric
- Utilities: Sewer Connected, Electricity Available
Property and Assessments
- New Construction YN: No
- Zoning Jurisdiction: City
- Zoning Class: Multi-Family
- Possible Use: Multi-Family
- Preliminary Title Ordered: Yes
- Senior Community: No
- Special Listing Conditions: None
- Photos Count: 7
Lot Information
- Lot Size Source: King County Assessor
- Parcel Number Free Text: 2767704935
- Calculated Square Footage: 9006
- Structure Type: Multi Family
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 9006.0
- Building Area Units: Square Feet
- Property Type: Residential Income
- Elevation Units: Feet
- Irrigation Water Rights: No
Multi Family
Building Details
- Number of Uncovered Spaces: 16
- Number of Stories in Building: 3
- Vacancy Rate: 3
- Number Of Units Total: 14
- Units Below Grade: false
- Units In Building Total: 14
Financing / Income and Expenses
- Electric Expense: $0
- Total Expenses: 72139
- Gross Adjusted Income: 286445
- Gross Rent Multiplier: 16.9
- Gross Scheduled Income: $295,304
- Insurance Expense: $4,750
- Net Operating Income: $214,306
- Other Expenses: $17,420
- Total Monthly Income: 24608
- Fuel Expense: $0
Unit 1
- Name Unit 1: B33
- Square Feet Unit 1: 655
- Rent Unit 1: $1,765.00
- Bedrooms Unit 1: 1
- Bathrooms Unit 1: 1
Unit 2
- Name Unit 2: B32
- Square Feet Unit 2: 589
- Rent Unit 2: $1,605.00
- Bedrooms Unit 2: 1
- Bathrooms Unit 2: 1
Unit 3
- Name Unit 3: B31
- Square Feet Unit 3: 655
- Rent Unit 3: $1,900.00
- Bedrooms Unit 3: 1
- Bathrooms Unit 3: 1
Unit 4
- Name Unit 4: B23
- Square Feet Unit 4: 655
- Rent Unit 4: $1,740.00
- Bedrooms Unit 4: 1
- Bathrooms Unit 4: 1
Unit 5
- Name Unit 5: B22
- Square Feet Unit 5: 589
- Rent Unit 5: $1,715.00
- Bedrooms Unit 5: 1
- Bathrooms Unit 5: 1
Unit 6
- Name Unit 6: B21
- Square Feet Unit 6: 655
- Rent Unit 6: $1,830.00
- Bedrooms Unit 6: 1
- Bathrooms Unit 6: 1
Unit 7
- Name Unit 7: B1
- Square Feet Unit 7: 705
- Rent Unit 7: $1,805.00
- Bedrooms Unit 7: 1
- Bathrooms Unit 7: 1
Unit 8
- Name Unit 8: A33
- Square Feet Unit 8: 655
- Rent Unit 8: $1,820.00
- Bedrooms Unit 8: 1
- Bathrooms Unit 8: 1
Unit 9
- Name Unit 9: A32
- Square Feet Unit 9: 589
- Rent Unit 9: $1,900.00
- Bedrooms Unit 9: 1
- Bathrooms Unit 9: 1
Unit 10
- Name Unit 10: A31
- Square Feet Unit 10: 655
- Rent Unit 10: $1,750.00
- Bedrooms Unit 10: 1
- Bathrooms Unit 10: 1
Unit 11
- Name Unit 11: A23
- Square Feet Unit 11: 589
- Rent Unit 11: $1,730.00
- Bedrooms Unit 11: 1
- Bathrooms Unit 11: 1
Unit 12
- Name Unit 12: A22
- Square Feet Unit 12: 589
- Rent Unit 12: $1,860.00
- Bedrooms Unit 12: 1
- Bathrooms Unit 12: 1
Unit 13
- Name Unit 13: A21
- Square Feet Unit 13: 655
- Rent Unit 13: $1,695.00
- Bedrooms Unit 13: 1
- Bathrooms Unit 13: 1
Unit 14
- Name Unit 14: A1
- Square Feet Unit 14: 705
- Rent Unit 14: $1,980.00
- Bedrooms Unit 14: 1
- Bathrooms Unit 14: 1
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 9006.0
- Leasable Area Units: Square Feet
Property History for 1154 Northwest 59th Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1154 Northwest 59th Street
Taxable ValueLand$2,346,000Additions$1,432,000Total$3,778,000
Tax Record2022$32,302 ($2,692 / month)
Home Facts
Total Finished SqFt8,708 SqFtAbove Ground SqFt8,708 SqFtStories3Lot Size10,200 SqFtStyleMulti-Family Dwelling (2-4)Year Built1990Year Renovated2005ZoningLR3 RC (M1)CountyKINGAPN276770-4935
Schools near 1154 Northwest 59th 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 - | K to 8 |
Rating | School | Distance |
|---|---|---|
West Woodland Elementary School PublicK to 5 | ||
Hamilton International Middle School Public6 to 8 | ||
Ballard High School Public9 to 12 | ||
Salmon Bay School 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.
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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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Westlake Associates, Inc.
Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.