2020 8th Avenue North
2020 8th Avenue North
Seattle, WA 98109
$1,050,000
Last Sold Price
3
Beds
3
Baths
2,380 Sq. Ft.
$441 / Sq. Ft.
2,380
Sq. Ft.
$441
per Sq. Ft.
Sold 5/3/21
Sold 5/3/21
Listing provided courtesy of The Foundation Group LLC, Redfin Corp.
Description
The 2020 8th Ave N Duplex was built in 1924 and has had significant updates to the 2 bed/2 bath unit. This property would be an ideal owner-occupy while generating cashflow through short-term or long-term rentals. The property consists of a two-story 2 bed/2 bath unit and a 1 bed/1 bath unit. The upper unit is currently being operated as a Airbnb and has historically received seasonal rent ranging from $2,000-$6,800. Currently the ground level of the 2 bed/ 2 bath unit is being rented on Airbnb as...The 2020 8th Ave N Duplex was built in 1924 and has had significant updates to the 2 bed/2 bath unit. This property would be an ideal owner-occupy while generating cashflow through short-term or long-term rentals. The property consists of a two-story 2 bed/2 bath unit and a 1 bed/1 bath unit. The upper unit is currently being operated as a Airbnb and has historically received seasonal rent ranging from $2,000-$6,800. Currently the ground level of the 2 bed/ 2 bath unit is being rented on Airbnb as well and has generated $2,000-$3,900 a month. The units are extremely spacious and have a ton of upside if a new owner decides to keep them as Airbnb or transition to year leases. LR2 zoned and can be bought with next door 2016 & 2022 8th Ave N
- Listed by Aaron Locke • The Foundation Group LLC
- Listed by Ethan Szmania • The Foundation Group LLC
Property Details for 2020 8th Avenue North
Community Name
Westlake
School DistrictSeattle
ViewCity, Lake, Territorial
Number of Assigned Spaces1
Total Covered Parking0
Entry Date11-19-2020
Energy SourceNatural Gas
SewerSewer Connected
Location
Listing Courtesy of The Foundation Group LLC![]()
Sold By Redfin Corp.
Add your commute
LISTING UPDATED: 05/04/2021 10:52 AM
Property Details for 2020 8th Avenue North
| Status | Sold |
|---|---|
| MLS # | 1691422 |
| Days on Market | 68 |
| Cumulative Days on Market | 68 |
| Taxes | $12,660 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1924 |
| Lot Size | 0.09 AC / 4,100 SF |
| County | King County |
Location
Listing Courtesy of The Foundation Group LLC![]()
Sold By Redfin Corp.
Add your commute
Building Information for 2020 8th Avenue North
Stories3Residences3Year Built1924Building Size-Lot Size0.09 AC / 4,100 SF
Payment Calculator
$6,785 per month
30 year fixed, 7.25% Interest
Principal and Interest
$5,730
Property Taxes
$1,055
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 2020 8th Avenue North
Summary
Location and General Information
- Style: 52 - Duplex
- Area: 700 - Queen Anne/Magnolia
- Directions: Head North on Dexter, right on Newton and left on 8th Ave N
- Leased Items: None
- Property Sub Type: MULT
- View: Yes
- Waterfront: No
Taxes and HOA Information
- Tax Year: 2020
- Additional Tax Ids: 930130-0240
Parking
- Number of Carport Spaces: 1.0
- Carport: No
- Open Parking Spaces: 1.0
- Open Parking: Yes
Interior and Exterior Features
Interior Features
- Furnished: Unfurnished
- Floor Covering: Concrete, Laminate, Carpet
- Features: Concrete, Wall to Wall Carpet
- Fireplace: No
Exterior Features
- Exterior: Wood Products
- Roof: Composition
Property
Utilities
- Electric On Property: No
- Heating and Cooling: Forced Air
- Water Source: Public
- Water/Sewer/Garbage: 2476
- Power Production Type: Natural Gas
- Utilities: Sewer Connected, Natural Gas Connected
Property and Assessments
- New Construction YN: No
- Zoning Jurisdiction: City
- Zoning Class: Multi-Family
- First Right Of Refusal: false
- Possible Use: Multi-Family
- Letter On File: Duplicate Prop Type
- Preliminary Title Ordered: Yes
- Senior Community: No
- Special Listing Conditions: None
- Photos Count: 11
Lot Information
- Lot Size Source: King County
- Parcel Number Free Text: 9301300240
- Building Condition: Good
- Calculated Square Footage: 2380
- Structure Type: Duplex
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 2380.0
- Building Area Units: Square Feet
- Property Type: Residential Income
- Elevation Units: Feet
- Irrigation Water Rights: No
Multi Family
Building Details
- Number of Uncovered Spaces: 1
- Number of Stories in Building: 3
- Vacancy Rate: 0
- Number Of Units Total: 3
- Units Below Grade: false
- Units In Building Total: 2
Financing / Income and Expenses
- Electric Expense: $0
- Total Expenses: 24397
- Gross Adjusted Income: 91200
- Gross Rent Multiplier: 10
- Gross Scheduled Income: $91,200
- Insurance Expense: $1,197
- Net Operating Income: $66,803
- Other Expenses: $8,064
- Total Monthly Income: 7600
- Fuel Expense: $0
Unit 1
- Name Unit 1: Upper
- Range/Oven Unit 1: true
- Refrigerator Unit 1: true
- Dishwasher Unit 1: true
- Square Feet Unit 1: 850
- Rent Unit 1: $3,000.00
- Bedrooms Unit 1: 1
- Bathrooms Unit 1: 1
Unit 2
- Name Unit 2: main
- Range/Oven Unit 2: true
- Refrigerator Unit 2: true
- Dishwasher Unit 2: true
- Square Feet Unit 2: 1530
- Rent Unit 2: $2,000.00
- Bedrooms Unit 2: 2
- Bathrooms Unit 2: 2
Unit 3
- Name Unit 3: Basement
- Rent Unit 3: $2,600.00
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 2380.0
- Leasable Area Units: Square Feet
Property History for 2020 8th Avenue North
| 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 2020 8th Avenue North
Taxable ValueLand$741,000Additions$328,000Total$1,069,000
Tax Record2022$9,191 ($766 / month)
Home Facts
Baths2Total Finished SqFt1,910 SqFtAbove Ground SqFt1,790 SqFtFinished Basement SqFt120 SqFtStories2Lot Size4,100 SqFtStyleDuplexYear Built1924ZoningLR2 (M)CountyKINGAPN930130-0240Fireplace TypeHas Fireplace
Schools near 2020 8th Avenue North
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 5 |
Rating | School | Distance |
|---|---|---|
Hay Elementary School PublicK to 5 | ||
Mcclure Middle School Public6 to 8 | ||
Lincoln High School Public9 to 12 | ||
Queen Anne Elementary School 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 The Foundation Group LLC
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.