15 Ward Street
15 Ward Street
Seattle, WA 98109
$3,050,000
Last Sold Price
10
Beds
11.5
Baths
7,050 Sq. Ft.
$433 / Sq. Ft.
7,050
Sq. Ft.
$433
per Sq. Ft.
Sold 2/26/24
Sold 2/26/24
Listing provided courtesy of Lee & Associates Commercial RE
Description
Hillside House (HH) is well-positioned within an attractive Upper Queen Anne's residential location. With breathtaking views overlooking Dwntn & the Puget Sound, this 1964 building is the perfect opp. for those seeking a highly desired location w/ current in place income. Unit mix consists of 2 studios, 8 1-bed, and 1 penthouse 2-bed unit feat rooftop deck, fireplace, private laundry. Updates & amenities includes copper plumbing, new water heaters for each unit (2022), private patio & covered onsite...Hillside House (HH) is well-positioned within an attractive Upper Queen Anne's residential location. With breathtaking views overlooking Dwntn & the Puget Sound, this 1964 building is the perfect opp. for those seeking a highly desired location w/ current in place income. Unit mix consists of 2 studios, 8 1-bed, and 1 penthouse 2-bed unit feat rooftop deck, fireplace, private laundry. Updates & amenities includes copper plumbing, new water heaters for each unit (2022), private patio & covered onsite parking. With proximity and ease of access to Dwntn & SLU, HH provides prospective tenants a true sense of everything that Seattle has to offer, and investors w/ the opp. to obtain a “trophy” asset in one of Seattle most desired locations.
- Listed by Dea Sumantri • Lee & Associates Commercial RE
- Listed by Christopher Larsen • Lee & Associates Commercial RE
Property Details for 15 Ward Street
Community Name
Queen Anne
School DistrictSeattle
ViewSound
Number of Assigned Spaces6
Total Covered Parking0
Offers Review Date01-18-2024
Entry Date12-07-2023
Energy SourceElectric
Location
Listing Courtesy of Lee & Associates Commercial RE![]()
Sold By Lee & Associates Commercial RE
Add your commute
LISTING UPDATED: 02/26/2024 05:08 PM
Property Details for 15 Ward Street
| Status | Sold |
|---|---|
| MLS # | 2184459 |
| Days on Market | 75 |
| Cumulative Days on Market | 235 |
| Taxes | $27,709 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1964 |
| Lot Size | 0.14 AC / 6,000 SF |
| County | King County |
Location
Listing Courtesy of Lee & Associates Commercial RE![]()
Sold By Lee & Associates Commercial RE
Add your commute
Building Information for 15 Ward Street
Stories3Residences11Year Built1964Building Size-Lot Size0.14 AC / 6,000 SF
Payment Calculator
$18,954 per month
30 year fixed, 7.25% Interest
Principal and Interest
$16,645
Property Taxes
$2,309
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 15 Ward Street
Summary
Location and General Information
- Style: 56 - 10+ Units
- Site Features: Deck, High Speed Internet, Patio
- Area: 700 - Queen Anne/Magnolia
- Effective Year Built Source: Public Records
- Directions: On Queen Anne Ave N heading North, turn right on Ward St. Building on your right
- Leased Items: None
- Property Sub Type: MULT
- View: Yes
- Waterfront: No
Taxes and HOA Information
- Tax Year: 2023
Parking
- Number of Carport Spaces: 4.0
- Carport: No
- Open Parking Spaces: 2.0
- Open Parking: Yes
Virtual Tour
- Virtual Tour URL Unbranded: https://www.lee-associates.com/northwest/properties/?propertyId=1293264-sale&address=15-Ward-St&officeId=2085
- Virtual Tour URL Description: Due Diligence
Interior and Exterior Features
Interior Features
- Floor Covering: Vinyl Plank, Carpet
- Features: Wall to Wall Carpet
- Amenities: Coin Op Laundry,Storage
- Cooling: No
- Cooling: None
- Fireplace: No
- Heating: Yes
- Heating: Baseboard, Radiant
Exterior Features
- Exterior: Cement/Concrete
- Roof: Flat
Property
Utilities
- Water Source: Public
- Water/Sewer/Garbage: 12000
- Power Company: SCL
- Sewer Company: SPU
- Water Company: SPU
- Power Production Type: Electric
Property and Assessments
- New Construction YN: No
- Zoning Jurisdiction: County
- Foundation: Poured Concrete
- Zoning Class: Multi-Family
- First Right Of Refusal: false
- Possible Use: Multi-Family
- MLS Square Footage Source: Parcel Viewer
- Preliminary Title Ordered: Yes
- Senior Community: No
- Special Listing Conditions: None
- Year Built Effective: 1990
- Photos Count: 17
Lot Information
- Lot Details: Curbs, Paved, Sidewalk
- Lot Size Dimensions: 6000
- Lot Size Source: Parcel Viewer
- Parcel Number Free Text: 3879900215
- Building Condition: Good
- Calculated Square Footage: 7050
- Structure Type: Multi Family
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 7050.0
- Building Area Units: Square Feet
- Property Type: Residential Income
- Elevation Units: Feet
- Irrigation Water Rights: No
Multi Family
Building Details
- Number of Uncovered Spaces: 2
- Number of Stories in Building: 3
- Vacancy Rate: 5
- Number Of Units Total: 11
- Units Below Grade: false
- Units In Building Total: 11
Financing / Income and Expenses
- Electric Expense: $0
- Total Expenses: 66460
- Gross Adjusted Income: 169974
- Gross Rent Multiplier: 17.9
- Gross Scheduled Income: $178,920
- Insurance Expense: $6,660
- Net Operating Income: $104,354
- Other Expenses: $20,091
- Total Monthly Income: 14980
- 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: false
- Square Feet Unit 1: 375
- Rent Unit 1: $1,100.00
- Bedrooms Unit 1: 0
- 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: false
- Square Feet Unit 2: 375
- Rent Unit 2: $1,050.00
- Bedrooms Unit 2: 0
- 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: false
- Square Feet Unit 3: 550
- Rent Unit 3: $1,080.00
- Bedrooms Unit 3: 1
- Fireplaces Unit 3: 0
- Bathrooms Unit 3: 1
Unit 4
- Name Unit 4: 101
- Washer/Dryer Unit 4: false
- Range/Oven Unit 4: true
- Refrigerator Unit 4: true
- Dishwasher Unit 4: false
- Square Feet Unit 4: 550
- Rent Unit 4: $1,090.00
- Bedrooms Unit 4: 1
- Fireplaces Unit 4: 0
- Bathrooms Unit 4: 1
Unit 5
- Name Unit 5: 102
- Washer/Dryer Unit 5: false
- Range/Oven Unit 5: true
- Refrigerator Unit 5: true
- Dishwasher Unit 5: false
- Square Feet Unit 5: 550
- Rent Unit 5: $1,000.00
- Bedrooms Unit 5: 1
- Fireplaces Unit 5: 0
- Bathrooms Unit 5: 1
Unit 6
- Name Unit 6: 103
- Washer/Dryer Unit 6: false
- Range/Oven Unit 6: true
- Refrigerator Unit 6: true
- Dishwasher Unit 6: false
- Square Feet Unit 6: 550
- Rent Unit 6: $1,100.00
- Bedrooms Unit 6: 1
- Fireplaces Unit 6: 0
- Bathrooms Unit 6: 1
Unit 7
- Name Unit 7: 201
- Washer/Dryer Unit 7: false
- Range/Oven Unit 7: true
- Refrigerator Unit 7: true
- Dishwasher Unit 7: false
- Square Feet Unit 7: 550
- Rent Unit 7: $1,090.00
- Bedrooms Unit 7: 1
- Fireplaces Unit 7: 0
- Bathrooms Unit 7: 1
Unit 8
- Name Unit 8: 202
- Washer/Dryer Unit 8: false
- Range/Oven Unit 8: true
- Refrigerator Unit 8: true
- Dishwasher Unit 8: false
- Square Feet Unit 8: 550
- Rent Unit 8: $1,350.00
- Bedrooms Unit 8: 1
- Fireplaces Unit 8: 0
- Bathrooms Unit 8: 1
Unit 9
- Name Unit 9: 203
- Washer/Dryer Unit 9: false
- Range/Oven Unit 9: true
- Refrigerator Unit 9: true
- Dishwasher Unit 9: false
- Square Feet Unit 9: 550
- Rent Unit 9: $1,350.00
- Bedrooms Unit 9: 1
- Fireplaces Unit 9: 0
- Bathrooms Unit 9: 1
Unit 10
- Name Unit 10: 204
- Washer/Dryer Unit 10: false
- Range/Oven Unit 10: true
- Refrigerator Unit 10: true
- Dishwasher Unit 10: false
- Square Feet Unit 10: 550
- Rent Unit 10: $1,500.00
- Bedrooms Unit 10: 1
- Fireplaces Unit 10: 0
- Bathrooms Unit 10: 1
Unit 11
- Name Unit 11: Penthouse
- Washer/Dryer Unit 11: true
- Range/Oven Unit 11: true
- Refrigerator Unit 11: true
- Dishwasher Unit 11: true
- Square Feet Unit 11: 1450
- Rent Unit 11: $3,200.00
- Bedrooms Unit 11: 2
- Fireplaces Unit 11: 1
- Bathrooms Unit 11: 2
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 6600.0
- Leasable Area Units: Square Feet
Property History for 15 Ward 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 15 Ward Street
Taxable ValueLand$1,416,000Additions$1,878,000Total$3,294,000
Tax Record2022$27,709 ($2,309 / month)
Home Facts
Total Finished SqFt6,600 SqFtAbove Ground SqFt6,600 SqFtStories4Lot Size6,000 SqFtStyleMulti-Family Res (5+ Units)Year Built1964Year Renovated1990ZoningLR3 (M)CountyKINGAPN387990-0215
Schools near 15 Ward 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 - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Hay Elementary School PublicK to 5 | ||
Mcclure Middle School Public6 to 8 | ||
Lincoln High School Public9 to 12 | ||
The Center School 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 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 Lee & Associates Commercial RE
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.