2225 West Raye Street
2225 West Raye Street
Seattle, WA 98199
$1,635,000
Last Sold Price
6
Beds
6
Baths
3,990 Sq. Ft.
$410 / Sq. Ft.
3,990
Sq. Ft.
$410
per Sq. Ft.
Sold 9/24/21
Sold 9/24/21
Listing provided courtesy of ONE Realty, Best Choice Realty, LLC
Description
Magnolia View Triplex! Incredible opportunity! Stunning views of City, Sound and Mt. Rainier. All 2 Bed/1.75 Bath 1,250+ Sq Ft units. All units have hardwood floors, W/D, fireplace, deck/patio and garage. Tenants pay all utilities. Interior inspection with accepted purchase and sale agreement. Tenants unaware of sale. Fab Magnolia location, EZ access to Village, DT, SLU & more. Tenants pay utilities.Magnolia View Triplex! Incredible opportunity! Stunning views of City, Sound and Mt. Rainier. All 2 Bed/1.75 Bath 1,250+ Sq Ft units. All units have hardwood floors, W/D, fireplace, deck/patio and garage. Tenants pay all utilities. Interior inspection with accepted purchase and sale agreement. Tenants unaware of sale. Fab Magnolia location, EZ access to Village, DT, SLU & more. Tenants pay utilities.
- Listed by Savannah Dahab • ONE Realty
Property Details for 2225 West Raye Street
Community Name
Magnolia
School DistrictSeattle
ViewCity, Golf Course, Mountain(s), Sound
Number of Assigned Spaces3
Total Covered Parking0
Entry Date04-14-2021
Energy SourceElectric
SewerSewer Connected
Location
Listing Courtesy of ONE Realty![]()
Sold By Best Choice Realty, LLC
Add your commute
LISTING UPDATED: 09/25/2021 08:30 AM
Property Details for 2225 West Raye Street
| Status | Sold |
|---|---|
| MLS # | 1757441 |
| Days on Market | 115 |
| Cumulative Days on Market | 1023 |
| Taxes | $11,371 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1960 |
| Lot Size | 0.11 AC / 5,000 SF |
| County | King County |
Location
Listing Courtesy of ONE Realty![]()
Sold By Best Choice Realty, LLC
Add your commute
Building Information for 2225 West Raye Street
Stories3Residences3Year Built1960Building Size-Lot Size0.11 AC / 5,000 SF
Payment Calculator
$9,870 per month
30 year fixed, 7.25% Interest
Principal and Interest
$8,923
Property Taxes
$948
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 2225 West Raye Street
Summary
Location and General Information
- Style: 53 - Tri-plex
- Site Features: Cable TV, Deck, Patio
- Area: 700 - Queen Anne/Magnolia
- Directions: From 28th Ave W to W Raye St. East on W Raye St. to 24th Ave W, Right on W Raye St. Building on 23rd Ave W and W Raye St.
- Leased Items: None
- Property Sub Type: MULT
- View: Yes
- Waterfront: No
Taxes and HOA Information
- Tax Year: 2020
Parking
- Number of Carport Spaces: 3.0
- Carport: No
- Open Parking Spaces: 3.0
- Open Parking: Yes
Interior and Exterior Features
Interior Features
- Furnished: Unfurnished
- Floor Covering: Hardwood, Vinyl, Carpet
- Fireplace: No
- Heating: Yes
- FIRPTA: No
Exterior Features
- Exterior: Cement Planked, Wood
- Roof: Composition
Property
Utilities
- Electric On Property: No
- Heating and Cooling: Baseboard
- Water Source: Public
- Water/Sewer/Garbage: 0
- Power Company: Seattle
- Water Company: Seattle
- Power Production Type: Electric
- Utilities: Cable Connected, Sewer Connected, Electricity Available
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: Yes
- Senior Community: No
- Special Listing Conditions: None
- Photos Count: 40
Lot Information
- Lot Details: Curbs, Paved, Sidewalk
- Lot Size Source: Realist
- Parcel Number Free Text: 2771600430
- Building Condition: Good
- Calculated Square Footage: 3990
- Structure Type: Triplex
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 3990.0
- Building Area Units: Square Feet
- Property Type: Residential Income
- Elevation Units: Feet
- Irrigation Water Rights: No
Multi Family
Building Details
- Number of Uncovered Spaces: 3
- Number of Stories in Building: 3
- Vacancy Rate: 0
- Number Of Units Total: 3
- Units Below Grade: false
- Units In Building Total: 3
Financing / Income and Expenses
- Electric Expense: $0
- Total Expenses: 0
- Gross Adjusted Income: 0
- Gross Rent Multiplier: 0
- Gross Scheduled Income: $87,600
- Insurance Expense: $1,900
- Net Operating Income: $74,329
- Other Expenses: $0
- Total Monthly Income: 7300
- Fuel Expense: $0
Unit 1
- Name Unit 1: 1
- Washer/Dryer Unit 1: true
- Range/Oven Unit 1: true
- Refrigerator Unit 1: true
- Dishwasher Unit 1: true
- Square Feet Unit 1: 1272
- Rent Unit 1: $2,175.00
- Bedrooms Unit 1: 2
- Fireplaces Unit 1: 1
- Bathrooms Unit 1: 2
Unit 2
- Name Unit 2: 2
- Washer/Dryer Unit 2: true
- Range/Oven Unit 2: true
- Refrigerator Unit 2: true
- Dishwasher Unit 2: true
- Square Feet Unit 2: 1272
- Rent Unit 2: $2,325.00
- Bedrooms Unit 2: 2
- Fireplaces Unit 2: 1
- Bathrooms Unit 2: 2
Unit 3
- Name Unit 3: 3
- Washer/Dryer Unit 3: true
- Range/Oven Unit 3: true
- Refrigerator Unit 3: true
- Dishwasher Unit 3: true
- Square Feet Unit 3: 1272
- Rent Unit 3: $2,800.00
- Bedrooms Unit 3: 2
- Fireplaces Unit 3: 1
- Bathrooms Unit 3: 2
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 3990.0
- Leasable Area Units: Square Feet
Property History for 2225 West Raye 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 2225 West Raye Street
Taxable ValueLand$816,000Additions$652,000Total$1,468,000
Tax Record2022$12,727 ($1,061 / month)
Home Facts
Baths4.5Total Finished SqFt5,320 SqFtAbove Ground SqFt3,990 SqFtFinished Basement SqFt1,330 SqFtStories2Lot Size5,000 SqFtStyleTriplexYear Built1960ZoningLR1 (M)CountyKINGAPN277160-0430Fireplace TypeHas Fireplace
Schools near 2225 West Raye 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 - | K to 8 |
Rating | School | Distance |
|---|---|---|
Magnolia Elementary School PublicK to 5 | ||
Mcclure Middle School Public6 to 8 | ||
Ballard High School Public9 to 12 | ||
Cascade Parent Partnership Program PublicK to 8 |
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
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.
Homes for Sale near Southeast Magnolia
Neighborhoods
Cities
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 ONE Realty
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.