302 10th Avenue East

Seattle, WA 98102

$2,650,000
Last Sold Price
8
Beds
8
Baths
6,100 Sq. Ft.
$434 / Sq. Ft.
6,100
Sq. Ft.
$434
per Sq. Ft.

Description

The Baird is full of character and charming details. This offering includes eight large 1BD/1BTH units that range from 650 to 800 square feet. This Capitol Hill property is in a prime location, just one block from Broadway, and two blocks away from the light rail station. There is large value-add opportunity to modernize the common area and make cosmetic improvements to the units. Financial analysis provides market and post-renovation proforma operations.The Baird is full of character and charming details. This offering includes eight large 1BD/1BTH units that range from 650 to 800 square feet. This Capitol Hill property is in a prime location, just one block from Broadway, and two blocks away from the light rail station. There is large value-add opportunity to modernize the common area and make cosmetic improvements to the units. Financial analysis provides market and post-renovation proforma operations.
  1. Listed by Brian D. Platt • Paragon Real Estate Advisors
  2. Listed by Michael Urquhart • Paragon Real Estate Advisors

Property Details for 302 10th Avenue East

Community Name
Capitol Hill
School District
Seattle
Number of Assigned Spaces
0
Total Covered Parking
0
Entry Date
01-26-2022
Energy Source
Electric
Sewer
Sewer Connected

Location

Listing Courtesy of Paragon Real Estate Advisors

Sold By COMPASS

Add your commute
LISTING UPDATED: 04/12/2022 01:47 PM

Property Details for 302 10th Avenue East

StatusSold
MLS #1882173
Days on Market19
Cumulative Days on Market728
Taxes$27,497 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1907
Lot Size0.06 AC / 2,708 SF
CountyKing County

Location

Listing Courtesy of Paragon Real Estate Advisors

Sold By COMPASS

Add your commute

Building Information for 302 10th Avenue East

Stories4Residences8Year Built1907Building Size-Lot Size0.06 AC / 2,708 SF

Payment Calculator

$16,754 per month

30 year fixed, 7.25% Interest

Principal and Interest

$14,462

Property Taxes

$2,291

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 302 10th Avenue East

Summary
Location and General Information
  • Style: 55 - 5-9 Units
  • Area: 390 - Central Seattle
  • Directions: From Downtown Seattle. Take 5th Ave to Cherry St. Get on I-5 N. Take Olive Way to Harvard Ave E. Follow Harvard Ave E and E Thomas St to 10th Ave E
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2021
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
  • Fireplace: No
  • Heating: Yes
Exterior Features
  • Exterior: Brick
  • Roof: Flat
Property
Utilities
  • Electric On Property: No
  • Heating and Cooling: Baseboard
  • Water/Sewer/Garbage: 14352
  • Power Production Type: Electric
  • Utilities: Sewer Connected, Electricity Available
Property and Assessments
  • New Construction YN: No
  • Preliminary Title Ordered: No
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 21
Lot Information
  • Lot Size Source: King County
  • Parcel Number Free Text: 6003502060
  • Calculated Square Footage: 6100
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 6100.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 0
  • Number of Stories in Building: 4
  • Vacancy Rate: 5
  • Number Of Units Total: 8
  • Units Below Grade: true
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 53046
  • Gross Adjusted Income: 112908
  • Gross Rent Multiplier: 22
  • Gross Scheduled Income: $116,400
  • Insurance Expense: $3,200
  • Net Operating Income: $59,862
  • Other Expenses: $7,997
  • Total Monthly Income: 9700
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 1
  • Square Feet Unit 1: 800
  • Rent Unit 1: $1,274.00
  • Bedrooms Unit 1: 1
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 2
  • Square Feet Unit 2: 800
  • Rent Unit 2: $1,274.00
  • Bedrooms Unit 2: 1
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: 3
  • Square Feet Unit 3: 800
  • Rent Unit 3: $1,274.00
  • Bedrooms Unit 3: 1
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: 4
  • Square Feet Unit 4: 800
  • Rent Unit 4: $1,274.00
  • Bedrooms Unit 4: 1
  • Bathrooms Unit 4: 1
Unit 5
  • Name Unit 5: 5
  • Square Feet Unit 5: 800
  • Rent Unit 5: $1,274.00
  • Bedrooms Unit 5: 1
  • Bathrooms Unit 5: 1
Unit 6
  • Name Unit 6: 6
  • Square Feet Unit 6: 800
  • Rent Unit 6: $1,274.00
  • Bedrooms Unit 6: 1
  • Bathrooms Unit 6: 1
Unit 7
  • Name Unit 7: 7
  • Square Feet Unit 7: 650
  • Rent Unit 7: $1,028.00
  • Bedrooms Unit 7: 1
  • Bathrooms Unit 7: 1
Unit 8
  • Name Unit 8: 8
  • Square Feet Unit 8: 650
  • Rent Unit 8: $1,028.00
  • Bedrooms Unit 8: 1
  • Bathrooms Unit 8: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 6100.0
  • Leasable Area Units: Square Feet

Property History for 302 10th Avenue East

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 302 10th Avenue East

Taxable ValueLand$1,056,100Additions$1,637,900Total$2,694,000
Tax Record2022$22,401 ($1,867 / month)
Home Facts
Total Finished SqFt5,832 SqFtAbove Ground SqFt5,832 SqFtStories3Lot Size2,708 SqFtStyleMulti-Family Dwelling (2-4)Year Built1907Year Renovated1988ZoningMR (M1)CountyKINGAPN600350-2060

Schools near 302 10th Avenue East

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 - PK to 12
Rating
School
Distance
Lowell Elementary School
PublicPK to 5

Edmonds S. Meany Middle School
Public6 to 8

Garfield High School
Public9 to 12

Hutch School
PublicPK 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 Paragon Real Estate Advisors

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.