327-327.5 Northwest 88th Street

Seattle, WA 98117

$900,000
Last Sold Price
4
Beds
3
Baths
1,690 Sq. Ft.
$533 / Sq. Ft.
1,690
Sq. Ft.
$533
per Sq. Ft.

Description

This investment opportunity offers two mid-century homes located in a quaint residential pocket of Greenwood. Subdivide and sell both homes separately - buyer needs to confirm. This is also perfect option for an owner occupant that wants to live under their own roof yet have other tenants paying off their mortgage. A new roof was installed in 2019 on the 327 ½ property along with a remodel consisting of new laminate vinyl floors, stainless steel appliances, double pane windows and more. The 327 house...This investment opportunity offers two mid-century homes located in a quaint residential pocket of Greenwood. Subdivide and sell both homes separately - buyer needs to confirm. This is also perfect option for an owner occupant that wants to live under their own roof yet have other tenants paying off their mortgage. A new roof was installed in 2019 on the 327 ½ property along with a remodel consisting of new laminate vinyl floors, stainless steel appliances, double pane windows and more. The 327 house is a 3bed 2 bath while the 327 ½ home consists of 1 bed 1 bath. Both units have their own washer/dryers. The property boasts 4 off street parking spaces.
  1. Listed by Reid Jones • Westlake Associates, Inc.

Property Details for 327-327.5 Northwest 88th Street

Community Name
Greenwood
School District
Seattle
Number of Assigned Spaces
4
Total Covered Parking
0
Offers Review Date
11-10-2021
Entry Date
11-04-2021
Energy Source
Electric
Sewer
Sewer Connected

Location

Listing Courtesy of Westlake Associates, Inc.

Sold By ZNonMember-Office-MLS

Add your commute
LISTING UPDATED: 01/12/2022 12:28 PM

Property Details for 327-327.5 Northwest 88th Street

StatusSold
MLS #1861573
Days on Market25
Cumulative Days on Market814
Taxes$8,268 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1947
Lot Size0.11 AC / 4,800 SF
CountyKing County

Location

Listing Courtesy of Westlake Associates, Inc.

Sold By ZNonMember-Office-MLS

Add your commute

Building Information for 327-327.5 Northwest 88th Street

Stories1Residences2Year Built1947Building Size-Lot Size0.11 AC / 4,800 SF

Payment Calculator

$5,601 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,912

Property Taxes

$689

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 327-327.5 Northwest 88th Street

Summary
Location and General Information
  • Style: 52 - Duplex
  • Site Features: Fenced-Partially
  • Area: 705 - Ballard/Greenlake
  • Directions: On Hwy-99 N / Aurora Ave N, turn left onto N 85th St. Turn right onto 3rd Ave NW. Turn left onto N 88th St. Property will be on the left.
  • 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: 4.0
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Furnished: Unfurnished
  • Floor Covering: Vinyl Plank, Carpet
  • Features: Wall to Wall Carpet
  • Fireplace: No
  • Heating: Yes
Exterior Features
  • Exterior: Wood Products
  • Roof: Composition
Property
Utilities
  • Electric On Property: No
  • Heating and Cooling: Wall
  • Water/Sewer/Garbage: 2239
  • Power Production Type: Electric
  • Utilities: Sewer Connected, Electricity Available
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Zoning Class: Residential
  • First Right Of Refusal: false
  • Possible Use: Residential
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 17
Lot Information
  • Lot Details: Paved
  • Lot Size Source: King County
  • Parcel Number Free Text: 3501600220
  • Calculated Square Footage: 1690
  • Structure Type: Duplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 1690.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 4
  • Number of Stories in Building: 1
  • Vacancy Rate: 3
  • Number Of Units Total: 2
  • Units Below Grade: false
  • Units In Building Total: 2
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 17333
  • Gross Adjusted Income: 56292
  • Gross Rent Multiplier: 16
  • Gross Scheduled Income: $54,000
  • Insurance Expense: $746
  • Net Operating Income: $37,339
  • Other Expenses: $6,080
  • Total Monthly Income: 4086
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 327
  • Washer/Dryer Unit 1: true
  • Square Feet Unit 1: 1250
  • Rent Unit 1: $1,900.00
  • Bedrooms Unit 1: 3
  • Bathrooms Unit 1: 2
Unit 2
  • Name Unit 2: 327.5
  • Washer/Dryer Unit 2: true
  • Square Feet Unit 2: 440
  • Rent Unit 2: $1,995.00
  • Bedrooms Unit 2: 1
  • Bathrooms Unit 2: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 1690.0
  • Leasable Area Units: Square Feet

Property History for 327-327.5 Northwest 88th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 327-327.5 Northwest 88th 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 - 6 to 12
Rating
School
Distance
Greenwood Elementary School
PublicPK to 5

Robert Eagle Staff Middle School
Public6 to 8

Ingraham High School
Public9 to 12

Education Service Centers
Public6 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 Westlake Associates, Inc.

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.