1511 East Alder Street

Seattle, WA 98122

$850,000
Last Sold Price
6
Beds
2
Baths
4,433 Sq. Ft.
$192 / Sq. Ft.
4,433
Sq. Ft.
$192
per Sq. Ft.

Description

For the savvy investor…or someone with the eye for design to renovate! A RARE opportunity to own a diamond in the rough. Choose to lease as-in, live-in and renovate OR completely transform into an incredible single family estate. The stellar location, city VIEWS and treasured Colonial design blends w/quaint features: covered porch entry, grand staircase, fir floors, large formal rooms, expansive attic & basement. Just minutes to vibrant Broadway, downtown, First Hill streetcar and I-90 access.For the savvy investor…or someone with the eye for design to renovate! A RARE opportunity to own a diamond in the rough. Choose to lease as-in, live-in and renovate OR completely transform into an incredible single family estate. The stellar location, city VIEWS and treasured Colonial design blends w/quaint features: covered porch entry, grand staircase, fir floors, large formal rooms, expansive attic & basement. Just minutes to vibrant Broadway, downtown, First Hill streetcar and I-90 access.
  1. Listed by Trish Englund • Windermere Real Estate Midtown
  2. Listed by Rachel L. Adler • Windermere Real Estate/East

Property Details for 1511 East Alder Street

Community Name
Capitol Hill
School District
Seattle
View
City, Territorial
Number of Assigned Spaces
0
Total Covered Parking
0
Entry Date
03-05-2020
Sewer
Sewer Connected

Location

Listing Courtesy of Windermere Real Estate Midtown; Windermere Real Estate/East

Sold By Windermere Real Estate Midtown

Add your commute
LISTING UPDATED: 03/28/2021 12:56 AM

Property Details for 1511 East Alder Street

StatusSold
MLS #1573827
Days on Market98
Cumulative Days on Market1447
Taxes$8,460 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1904
Lot Size0.08 AC / 3,360 SF
CountyKing County

Location

Listing Courtesy of Windermere Real Estate Midtown; Windermere Real Estate/East

Sold By Windermere Real Estate Midtown

Add your commute

Building Information for 1511 East Alder Street

Stories4Residences2Year Built1904Building Size-Lot Size0.08 AC / 3,360 SF

Payment Calculator

$5,344 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,639

Property Taxes

$705

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1511 East Alder Street

Summary
Location and General Information
  • Style: 52 - Duplex
  • Site Features: Cable TV, Deck, Fenced-Partially, High Speed Internet, Shop
  • Area: 390 - Central Seattle
  • Block: 21
  • Elementary School: Bailey Gatzert
  • Middle Or Junior School: Wash Mid
  • High School: Garfield High
  • Effective Year Built Source: Public Records
  • Directions: From 14th Avenue, go East on Alder. Home is on the right; easy street parking.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2019
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: Concrete, Softwood, Hardwood, Laminate, Carpet
  • Features: Concrete, Fir/Softwood, Hardwood, Wall to Wall Carpet
  • Amenities: Basement,Storage,Thermal Windows
  • Fireplace: No
  • Heating: Yes
  • FIRPTA: No
Exterior Features
  • Exterior: Wood, Wood Products
  • Roof: Composition
Property
Utilities
  • Electric On Property: No
  • Heating and Cooling: 90%+ High Efficiency
  • Water Source: Public
  • Water/Sewer/Garbage: 0
  • Power Company: Puget Sound Energy
  • Sewer Company: Seattle Public Utilities
  • Water Company: Seattle Public Utilities
  • Power Production Type: Electric, Natural Gas
  • Utilities: Cable Connected, High Speed Internet, High Voltage Line, Sewer Connected, Electricity Available, Natural Gas Connected
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Post & Block, Poured Concrete
  • Zoning Class: Residential
  • First Right Of Refusal: false
  • Possible Use: Residential
  • Letter On File: Duplicate Prop Type
  • Preliminary Title Ordered: Yes
  • Special Listing Conditions: None
  • Year Built Effective: 1904
  • Photos Count: 27
Lot Information
  • Lot Details: Curbs, High Voltage Line, Paved, Sidewalk
  • Lot Number: 6
  • Lot Size Source: KCR
  • Parcel Number Free Text: 7942602150
  • Building Condition: Fixer
  • Calculated Square Footage: 4433
  • Structure Type: Duplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 4433.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
  • Green Energy Efficient: 90%+ High Efficiency, Thermal Windows
Multi Family
Building Details
  • Number of Uncovered Spaces: 0
  • Number of Stories in Building: 4
  • Vacancy Rate: 0
  • Number Of Units Total: 2
  • Units Below Grade: false
  • Units In Building Total: 2
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 9810
  • Gross Adjusted Income: 62190
  • Gross Rent Multiplier: 15
  • Gross Scheduled Income: $72,000
  • Insurance Expense: $1,350
  • Net Operating Income: $72,000
  • Other Expenses: $0
  • Total Monthly Income: 6000
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: Front
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 3095
  • Rent Unit 1: $4,200.00
  • Bedrooms Unit 1: 5
  • Fireplaces Unit 1: 0
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: Back
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 1338
  • Rent Unit 2: $1,800.00
  • Bedrooms Unit 2: 1
  • Fireplaces Unit 2: 0
  • Bathrooms Unit 2: 1
Rental
Rent Information
  • Occupant Type: Vacant
  • Leasable Area: 4433.0
  • Leasable Area Units: Square Feet

Property History for 1511 East Alder Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1511 East Alder Street

Taxable ValueLand$390,000Additions$560,000Total$950,000
Tax Record2022$8,225 ($685 / month)
Home Facts
Baths2.5Total Finished SqFt2,500 SqFtAbove Ground SqFt2,500 SqFtStories2Lot Size3,360 SqFtStyleDuplexYear Built1904ZoningRSL (M)CountyKINGAPN794260-2150Fireplace TypeHas Fireplace

Schools near 1511 East Alder 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 - 9 to 12
Rating
School
Distance
Gatzert Elementary School
PublicPK to 5

Washington Middle School
Public6 to 8

Garfield High School
Public9 to 12

Nova High 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.

Similar Homes

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Similar Sold Homes

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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 Windermere Real Estate Midtown; Windermere Real Estate/East

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.