13204 12th Avenue Southwest
13204 12th Avenue Southwest
Burien, WA 98146
$2,100,000
Price
15
Beds
9
Baths
6,245 Sq. Ft.
$336 / Sq. Ft.
6,245
Sq. Ft.
$336
per Sq. Ft.
Listing provided courtesy of Paragon Real Estate Advisors
Description
Built in 1988, the Castlemonte is being offered to the market for the first time. The property is well located just north of downtown Burien and has been well maintained. It comprises a main building with seven units - one penthouse unit, five spacious 2-bedroom apartments, and one studio - along with a separate single-family home. Over the years, the building has undergone tasteful updates, showcasing an attractive façade, a new roof, ample parking, and mature landscaping. The Castlemonte offers...Built in 1988, the Castlemonte is being offered to the market for the first time. The property is well located just north of downtown Burien and has been well maintained. It comprises a main building with seven units - one penthouse unit, five spacious 2-bedroom apartments, and one studio - along with a separate single-family home. Over the years, the building has undergone tasteful updates, showcasing an attractive façade, a new roof, ample parking, and mature landscaping. The Castlemonte offers an investor the opportunity to acquire a well-located, easy to manage apartment community, with immediate income upside and potential to add value.
- Listed by Nick Hemming • Paragon Real Estate Advisors
- Listed by Cathy Jeney • Paragon Real Estate Advisors
Property Details for 13204 12th Avenue Southwest
Community Name
Burien
School DistrictHighline
ViewMountain
Number of Assigned Spaces14
Total Covered Parking0
Entry Date04-15-2024
Energy SourceElectric
SewerSewer Connected
Location
Listing Courtesy of Paragon Real Estate Advisors![]()
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LISTING UPDATED: 04/15/2024 04:42 PM
Property Details for 13204 12th Avenue Southwest
| Status | Active |
|---|---|
| MLS # | 2223671 |
| Days on Market | 17 |
| Cumulative Days on Market | 212 |
| Taxes | $16,570 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1988 |
| Lot Size | 0.31 AC / 13,350 SF |
| County | King County |
Location
Listing Courtesy of Paragon Real Estate Advisors![]()
Add your commute
Building Information for 13204 12th Avenue Southwest
Stories3Residences8Year Built1988Building Size-Lot Size0.31 AC / 13,350 SF
Payment Calculator
$12,841 per month
30 year fixed, 7.25% Interest
Principal and Interest
$11,461
Property Taxes
$1,381
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 13204 12th Avenue Southwest
Summary
Location and General Information
- Style: 55 - 5-9 Units
- Site Features: Deck
- Area: 130 - Burien/Normandy Park
- Directions: From WA 509 S take exit S 128th St. Right on S 128th St. Left on Ambaum Way SW. Right at SW 132nd. Right on 12th Ave SW. Property is on the right.
- Leased Items: None
- Property Sub Type: MULT
- View: Yes
- Waterfront: No
Taxes and HOA Information
- Tax Year: 2023
Parking
- Number of Carport Spaces: 0.0
- Carport: No
- Open Parking Spaces: 14.0
- Open Parking: Yes
Interior and Exterior Features
Interior Features
- Floor Covering: Laminate, Stone
- Features: Laminate Hardwood
- Cooling: No
- Cooling: None
- Fireplace: No
- Heating: Yes
- Heating: Baseboard
Exterior Features
- Exterior: Wood, Wood Products
- Roof: Composition
Property
Utilities
- Water/Sewer/Garbage: 14384
- Power Production Type: Electric
Property and Assessments
- New Construction YN: No
- Zoning Jurisdiction: City
- Foundation: Poured Concrete
- Zoning Class: Multi-Family
- First Right Of Refusal: false
- Possible Use: Multi-Family
- Preliminary Title Ordered: No
- Senior Community: No
- Special Listing Conditions: None
- Photos Count: 23
Lot Information
- Lot Size Source: Public Record
- Parcel Number Free Text: 1823049146
- Calculated Square Footage: 6245
- Structure Type: Multi Family
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 6245.0
- Building Area Units: Square Feet
- Property Type: Residential Income
- Elevation Units: Feet
- Irrigation Water Rights: No
Multi Family
Building Details
- Number of Uncovered Spaces: 14
- Number of Stories in Building: 3
- Vacancy Rate: 5
- Number Of Units Total: 8
- Units Below Grade: false
- Units In Building Total: 8
Financing / Income and Expenses
- Electric Expense: $0
- Total Expenses: 47080
- Gross Adjusted Income: 151278
- Gross Rent Multiplier: 13.19
- Gross Scheduled Income: $159,156
- Insurance Expense: $2,594
- Net Operating Income: $104,198
- Other Expenses: $13,532
- Total Monthly Income: 13270
- Fuel Expense: $0
Unit 1
- Name Unit 1: 1
- Washer/Dryer Unit 1: false
- Range/Oven Unit 1: true
- Refrigerator Unit 1: true
- Dishwasher Unit 1: true
- Square Feet Unit 1: 750
- Rent Unit 1: $1,650.00
- Bedrooms Unit 1: 2
- Fireplaces Unit 1: 0
- Bathrooms Unit 1: 1
Unit 2
- Name Unit 2: 2
- Washer/Dryer Unit 2: false
- Range/Oven Unit 2: true
- Refrigerator Unit 2: true
- Dishwasher Unit 2: true
- Square Feet Unit 2: 750
- Rent Unit 2: $1,800.00
- Bedrooms Unit 2: 2
- Fireplaces Unit 2: 0
- Bathrooms Unit 2: 1
Unit 3
- Name Unit 3: 3
- Washer/Dryer Unit 3: false
- Range/Oven Unit 3: true
- Refrigerator Unit 3: true
- Dishwasher Unit 3: true
- Square Feet Unit 3: 750
- Rent Unit 3: $1,485.00
- Bedrooms Unit 3: 2
- Fireplaces Unit 3: 0
- Bathrooms Unit 3: 1
Unit 4
- Name Unit 4: 4
- Washer/Dryer Unit 4: false
- Range/Oven Unit 4: true
- Refrigerator Unit 4: true
- Dishwasher Unit 4: true
- Square Feet Unit 4: 975
- Rent Unit 4: $1,970.00
- Bedrooms Unit 4: 2
- Fireplaces Unit 4: 0
- Bathrooms Unit 4: 2
Unit 5
- Name Unit 5: 5
- Washer/Dryer Unit 5: false
- Range/Oven Unit 5: true
- Refrigerator Unit 5: true
- Dishwasher Unit 5: true
- Square Feet Unit 5: 750
- Rent Unit 5: $1,800.00
- Bedrooms Unit 5: 2
- Fireplaces Unit 5: 0
- Bathrooms Unit 5: 1
Unit 6
- Name Unit 6: 6
- Washer/Dryer Unit 6: false
- Range/Oven Unit 6: true
- Refrigerator Unit 6: true
- Dishwasher Unit 6: true
- Square Feet Unit 6: 750
- Rent Unit 6: $1,590.00
- Bedrooms Unit 6: 2
- Fireplaces Unit 6: 0
- Bathrooms Unit 6: 1
Unit 7
- Name Unit 7: 7
- Washer/Dryer Unit 7: false
- Range/Oven Unit 7: true
- Refrigerator Unit 7: true
- Dishwasher Unit 7: true
- Square Feet Unit 7: 535
- Rent Unit 7: $995.00
- Bedrooms Unit 7: 0
- Fireplaces Unit 7: 0
- Bathrooms Unit 7: 1
Unit 8
- Name Unit 8: SFR
- Washer/Dryer Unit 8: false
- Range/Oven Unit 8: true
- Refrigerator Unit 8: true
- Dishwasher Unit 8: true
- Square Feet Unit 8: 1000
- Rent Unit 8: $1,980.00
- Bedrooms Unit 8: 3
- Fireplaces Unit 8: 0
- Bathrooms Unit 8: 1
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 6245.0
- Leasable Area Units: Square Feet
Property History for 13204 12th Avenue Southwest
| 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 13204 12th Avenue Southwest
Taxable ValueLand$200,200Additions$1,307,800Total$1,508,000
Tax Record2022$16,570 ($1,381 / month)
Home Facts
Total Finished SqFt6,069 SqFtAbove Ground SqFt6,069 SqFtStories3Lot Size13,350 SqFtStyleMulti-Family Dwelling (2-4)Year Built1988Year Renovated2005ZoningRM-24CountyKINGAPN182304-9146
Schools near 13204 12th Avenue Southwest
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 - | 10 to 12 |
Rating | School | Distance |
|---|---|---|
Hazel Valley Elementary School PublicPK to 5 | ||
Cascade Middle School Public6 to 8 | ||
Highline High School Public9 to 12 | ||
Gateway To College Public10 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 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 Paragon Real Estate Advisors
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.