1400 North 95th Street
1400 North 95th Street
Seattle, WA 98103
$4,000,000
Last Sold Price
12
Beds
12
Baths
6,440 Sq. Ft.
$621 / Sq. Ft.
6,440
Sq. Ft.
$621
per Sq. Ft.
Sold 4/19/22
Sold 4/19/22
Listing provided courtesy of HomeSmart Real Estate Assoc, Marketplace Sotheby's Int Rty
Description
Investor alert! Rare opportunity to invest in 6-unit new construction complex in highly desirable Green Lake area. All units are leased on annual terms, REAL 4.1% cap rate, no maintenance required, tenants pay for utilities, no HOA. Built Green home, divided into 6 independent parcels. Each unit has 2 bedrooms with own bathrooms, half-bathroom on main level, garage (with washer, dryer and EV charging outlet), fully fenced patio plus roof top deck with gorgeous views of Seattle downtown and Mt Rainier....Investor alert! Rare opportunity to invest in 6-unit new construction complex in highly desirable Green Lake area. All units are leased on annual terms, REAL 4.1% cap rate, no maintenance required, tenants pay for utilities, no HOA. Built Green home, divided into 6 independent parcels. Each unit has 2 bedrooms with own bathrooms, half-bathroom on main level, garage (with washer, dryer and EV charging outlet), fully fenced patio plus roof top deck with gorgeous views of Seattle downtown and Mt Rainier. Modern open design kitchen, stainless steel appliances, steam shower, mini-split AC. Walking distance to parks, schools and restaurants. 10 year builder warranty. 1400, 1402, 1404, 1406, 1408, 1410.
- Listed by Kirill Kotlyarenko • HomeSmart Real Estate Assoc
Property Details for 1400 North 95th Street
Community Name
Green Lake
School DistrictSeattle
ViewCity
Number of Assigned Spaces6
Total Covered Parking6
Entry Date11-29-2021
Energy SourceElectric
SewerSewer Connected
Location
Listing Courtesy of HomeSmart Real Estate Assoc![]()
Sold By Marketplace Sotheby's Int Rty
Add your commute
LISTING UPDATED: 04/21/2022 12:21 PM
Property Details for 1400 North 95th Street
| Status | Sold |
|---|---|
| MLS # | 1867749 |
| Days on Market | 107 |
| Cumulative Days on Market | 108 |
| Taxes | $27,004 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 2021 |
| Lot Size | 0.12 AC / 5,120 SF |
| County | King County |
Location
Listing Courtesy of HomeSmart Real Estate Assoc![]()
Sold By Marketplace Sotheby's Int Rty
Add your commute
Building Information for 1400 North 95th Street
Stories3Residences6Year Built2021Building Size-Lot Size0.12 AC / 5,120 SF
Payment Calculator
$24,080 per month
30 year fixed, 7.25% Interest
Principal and Interest
$21,830
Property Taxes
$2,250
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 1400 North 95th Street
Summary
Location and General Information
- Style: 55 - 5-9 Units
- Site Features: Cable TV, Electric Car Charging, Fenced-Fully, High Speed Internet, Patio, Rooftop Deck
- Area: 705 - Ballard/Greenlake
- Elementary School: Viewlands
- Middle Or Junior School: Robert Eagle Staff Middle School
- High School: Ingraham High
- Effective Year Built Source: Public Records
- Directions: From Aurora Ave turn to N 94th St, then turn left on Stone Ave N, then turn right on N 95th St and drive forward until dead end.
- Leased Items: None
- Property Sub Type: MULT
- View: Yes
- Waterfront: No
Taxes and HOA Information
- Tax Year: 2021
- Additional Tax Ids: 4310701553,4310701554,4310701555,4310701556,4310701557
Parking
- Number of Carport Spaces: 0.0
- Carport: No
- Open Parking Spaces: 0.0
- Open Parking: No
Interior and Exterior Features
Interior Features
- Furnished: Unfurnished
- Floor Covering: Ceramic Tile, Vinyl Plank
- Features: Ductless HP-Mini Split, Ceramic Tile
- New Construction: Completed
- Amenities: Thermal Windows
- Cooling: Yes
- Fireplace: No
- Heating: Yes
- FIRPTA: No
Exterior Features
- Exterior: Cement Planked
- Roof: Flat
Property
Utilities
- Electric On Property: No
- Heating and Cooling: Ductless HP-Mini Split,Wall
- Water Source: Public
- Water/Sewer/Garbage: 0
- Power Company: Seattle Public Utilities
- Sewer Company: Seattle Public Utilities
- Water Company: Seattle Public Utilities
- Power Production Type: Electric
- Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electricity Available
Property and Assessments
- New Construction YN: Yes
- Zoning Jurisdiction: City
- Foundation: Poured Concrete
- Zoning Class: Multi-Family,Residential
- Construction Methods: Double Wall
- Environmental Certification: Other-See Remarks
- Estimated Completion Date: 2021-03-25
- First Right Of Refusal: false
- Possible Use: Multi-Family, Residential
- Preliminary Title Ordered: Yes
- Senior Community: No
- Special Listing Conditions: None
- Year Built Effective: 2021
- Photos Count: 20
Lot Information
- Lot Details: Paved, Sidewalk
- Lot Size Source: Realist
- Parcel Number Free Text: 4310701552
- Building Condition: Very Good
- Calculated Square Footage: 6440
- Structure Type: Multi Family
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 6440.0
- Building Area Units: Square Feet
- Property Type: Residential Income
- Elevation Units: Feet
- Irrigation Water Rights: No
- Green Building Verification Type: Other
- Green Energy Efficient: Thermal Windows, Double Wall
Multi Family
Building Details
- Number of Uncovered Spaces: 0
- Number of Stories in Building: 3
- Vacancy Rate: 98
- Number Of Units Total: 6
- Units Below Grade: false
- Units In Building Total: 6
Financing / Income and Expenses
- Electric Expense: $0
- Total Expenses: 31622
- Gross Adjusted Income: 205800
- Gross Rent Multiplier: 20.65
- Gross Scheduled Income: $210,000
- Insurance Expense: $4,618
- Net Operating Income: $174,178
- Other Expenses: $0
- Total Monthly Income: 17500
- Fuel Expense: $0
Unit 1
- Name Unit 1: 1400
- Washer/Dryer Unit 1: true
- Range/Oven Unit 1: true
- Refrigerator Unit 1: true
- Dishwasher Unit 1: true
- Square Feet Unit 1: 1090
- Rent Unit 1: $3,100.00
- Bedrooms Unit 1: 2
- Bathrooms Unit 1: 2
Unit 2
- Name Unit 2: 1402
- Washer/Dryer Unit 2: true
- Range/Oven Unit 2: true
- Refrigerator Unit 2: true
- Dishwasher Unit 2: true
- Square Feet Unit 2: 1070
- Rent Unit 2: $2,800.00
- Bedrooms Unit 2: 2
- Bathrooms Unit 2: 2
Unit 3
- Name Unit 3: 1404
- Washer/Dryer Unit 3: true
- Range/Oven Unit 3: true
- Refrigerator Unit 3: true
- Dishwasher Unit 3: true
- Square Feet Unit 3: 1070
- Rent Unit 3: $2,800.00
- Bedrooms Unit 3: 2
- Bathrooms Unit 3: 2
Unit 4
- Name Unit 4: 1406
- Washer/Dryer Unit 4: true
- Range/Oven Unit 4: true
- Refrigerator Unit 4: true
- Dishwasher Unit 4: true
- Square Feet Unit 4: 1070
- Rent Unit 4: $2,800.00
- Bedrooms Unit 4: 2
- Bathrooms Unit 4: 2
Unit 5
- Name Unit 5: 1408
- Washer/Dryer Unit 5: true
- Range/Oven Unit 5: true
- Refrigerator Unit 5: true
- Dishwasher Unit 5: true
- Square Feet Unit 5: 1070
- Rent Unit 5: $2,900.00
- Bedrooms Unit 5: 2
- Bathrooms Unit 5: 2
Unit 6
- Name Unit 6: 1410
- Washer/Dryer Unit 6: true
- Range/Oven Unit 6: true
- Refrigerator Unit 6: true
- Dishwasher Unit 6: true
- Square Feet Unit 6: 1070
- Rent Unit 6: $3,100.00
- Bedrooms Unit 6: 2
- Bathrooms Unit 6: 2
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 6440.0
- Leasable Area Units: Square Feet
Property History for 1400 North 95th 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 1400 North 95th Street
Taxable ValueLand$213,000Additions$511,000Total$724,000
Tax Record2022$6,113 ($509 / month)
Home Facts
Beds2Baths3Total Finished SqFt970 SqFtAbove Ground SqFt880 SqFtFinished Basement SqFt90 SqFtStories2Lot Size1,026 SqFtStyleTownhouseYear Built2020ZoningLR3 (M)CountyKINGAPN431070-1552
Schools near 1400 North 95th 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 5 |
Rating | School | Distance |
|---|---|---|
Viewlands Elementary School PublicPK to 5 | ||
Robert Eagle Staff Middle School Public6 to 8 | ||
Ingraham High School Public9 to 12 | ||
Cascadia Elementary PublicK to 5 |
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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Listing Courtesy of HomeSmart Real Estate Assoc
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.