3431 23rd Avenue West

Seattle, WA 98199

$951,160
Last Sold Price
7
Beds
5.5
Baths
3,832 Sq. Ft.
$248 / Sq. Ft.
3,832
Sq. Ft.
$248
per Sq. Ft.

Description

Well maintained & nicely updated 4-plex with 3 view 2br units. Large top floor units have fireplaces, view decks, W/D hook-ups, & master bedrooms w/2nd bath, one unit has updated kitchen w/slab granite counter top. Large lower 2br has fireplace, laminate hardwood floor, & private view patio. 5 car off street parking. Views from Ballard Bridge to edge of Elliot bay & a peek at the Cascades. Coin-op laundry & storage in bsmt. Listed rents are current actual rents, big rent upside as leases renew.Well maintained & nicely updated 4-plex with 3 view 2br units. Large top floor units have fireplaces, view decks, W/D hook-ups, & master bedrooms w/2nd bath, one unit has updated kitchen w/slab granite counter top. Large lower 2br has fireplace, laminate hardwood floor, & private view patio. 5 car off street parking. Views from Ballard Bridge to edge of Elliot bay & a peek at the Cascades. Coin-op laundry & storage in bsmt. Listed rents are current actual rents, big rent upside as leases renew.
  1. Listed by Larry Crites • Lake & Company
  2. Listed by Claudine Fleury • Lake & Company

Property Details for 3431 23rd Avenue West

Community Name
Magnolia
School District
Seattle
View
Bay, City, See Remarks, Sound, Territorial
Number of Assigned Spaces
5
Total Covered Parking
0
Entry Date
03-11-2015
Sewer
Sewer Connected

Location

Listing Courtesy of Lake & Company

Sold By Lake & Company

Add your commute
LISTING UPDATED: 03/27/2021 09:43 PM

Property Details for 3431 23rd Avenue West

StatusSold
MLS #754276
Days on Market6
Cumulative Days on Market3255
Taxes$8,542 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1969
Lot Size0.16 AC / 7,000 SF
CountyKing County

Location

Listing Courtesy of Lake & Company

Sold By Lake & Company

Add your commute

Building Information for 3431 23rd Avenue West

Stories2Residences4Year Built1969Building Size-Lot Size0.16 AC / 7,000 SF

Payment Calculator

$5,903 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,191

Property Taxes

$712

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3431 23rd Avenue West

Summary
Location and General Information
  • Style: 54 - 4-Plex
  • Site Features: Cable TV, Deck, High Speed Internet, Patio
  • Area: 700 - Queen Anne/Magnolia
  • Block: 4
  • Effective Year Built Source: Public Records
  • Directions: Sits high off the street with excellent views. Access from private drive off W Ruffner St. between 23rd and 24th.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2014
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 5.0
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Furnished: Unfurnished
  • Floor Covering: Vinyl, Carpet
  • Amenities: Coin Op Laundry
  • Fireplace: No
  • Heating: Yes
Exterior Features
  • Exterior: Wood
  • Roof: Flat
Property
Utilities
  • Electric On Property: No
  • Heating and Cooling: Baseboard
  • Water Source: Public
  • Water/Sewer/Garbage: 3720
  • Power Company: Seattle
  • Sewer Company: Seattle
  • Water Company: Seattle
  • Power Production Type: Electric
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electricity Available
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • Zoning Class: Multi-Family
  • Construction Methods: Standard Frame
  • First Right Of Refusal: false
  • Possible Use: Multi-Family
  • Letter On File: Other,Restriction on Showg
  • Preliminary Title Ordered: Yes
  • Special Listing Conditions: None
  • Year Built Effective: 1989
  • Photos Count: 21
Lot Information
  • Lot Details: Curbs, Paved, Sidewalk
  • Lot Size Dimensions: 50 x 140
  • Lot Number: 19
  • Lot Size Source: King County Records
  • Parcel Number Free Text: 2770600525
  • Building Condition: Good
  • Calculated Square Footage: 3832
  • Structure Type: Quadruplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 3832.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 5
  • Number of Stories in Building: 2
  • Vacancy Rate: 1
  • Number Of Units Total: 4
  • Units Below Grade: false
  • Units In Building Total: 4
Financing / Income and Expenses
  • Electric Expense: $930
  • Total Expenses: 17654
  • Gross Adjusted Income: 64270
  • Gross Rent Multiplier: 15
  • Gross Scheduled Income: $64,920
  • Insurance Expense: $862
  • Net Operating Income: $46,616
  • Other Expenses: $3,600
  • Total Monthly Income: 5410
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 3431A
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Square Feet Unit 1: 650
  • Rent Unit 1: $925.00
  • Bedrooms Unit 1: 1
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 3235
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 1000
  • Rent Unit 2: $1,495.00
  • Bedrooms Unit 2: 2
  • Fireplaces Unit 2: 1
  • Bathrooms Unit 2: 2
Unit 3
  • Name Unit 3: 3433
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: true
  • Square Feet Unit 3: 1000
  • Rent Unit 3: $1,505.00
  • Bedrooms Unit 3: 2
  • Fireplaces Unit 3: 1
  • Bathrooms Unit 3: 2
Unit 4
  • Name Unit 4: 3431
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: true
  • Square Feet Unit 4: 950
  • Rent Unit 4: $1,395.00
  • Bedrooms Unit 4: 2
  • Fireplaces Unit 4: 1
  • Bathrooms Unit 4: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 3600.0
  • Leasable Area Units: Square Feet

Property History for 3431 23rd Avenue West

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 3431 23rd Avenue West

Taxable ValueLand$1,050,000Additions$415,000Total$1,465,000
Tax Record2022$12,749 ($1,062 / month)
Home Facts
Total Finished SqFt3,600 SqFtAbove Ground SqFt3,600 SqFtStories2Lot Size7,000 SqFtStyleMulti-Family Dwelling (2-4)Year Built1969Year Renovated1996ZoningLR1 (M)CountyKINGAPN277060-0525Fireplace TypeHas Fireplace

Schools near 3431 23rd Avenue West

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

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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 Lake & Company

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.