4122 3rd Avenue Northwest

Seattle, WA 98107

$900,000
Last Sold Price
5
Beds
3
Baths
2,760 Sq. Ft.
$326 / Sq. Ft.
2,760
Sq. Ft.
$326
per Sq. Ft.

Description

Charming Fremont triplex with 3 off-street parking spots and awesome walkability, transit options, and amenities! Built as a legal triplex (not converted), the upper two units are 2bed/1bath with covered back porch, top-level bedroom, and dining nook. Ground-level unit is 1bed/1bath and has an enclosed porch. Professionally landscaped and hardscaped, this property is tucked away from the street and very private. LR1 zoning, no required parking, & large lot size magnify future redevelopment possibilities....Charming Fremont triplex with 3 off-street parking spots and awesome walkability, transit options, and amenities! Built as a legal triplex (not converted), the upper two units are 2bed/1bath with covered back porch, top-level bedroom, and dining nook. Ground-level unit is 1bed/1bath and has an enclosed porch. Professionally landscaped and hardscaped, this property is tucked away from the street and very private. LR1 zoning, no required parking, & large lot size magnify future redevelopment possibilities. Awesome income property in a great location with long-term upside!

Property Details for 4122 3rd Avenue Northwest

Community Name
Fremont
School District
Seattle
Number of Assigned Spaces
3
Total Covered Parking
0
Entry Date
01-12-2021
Energy Source
Electric
Sewer
Sewer Connected

Location

Add your commute
LISTING UPDATED: 05/05/2021 03:17 PM

Property Details for 4122 3rd Avenue Northwest

StatusSold
MLS #1716391
Days on Market65
Cumulative Days on Market66
Taxes$9,969 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1921
Lot Size0.13 AC / 5,515 SF
CountyKing County

Location

Add your commute

Building Information for 4122 3rd Avenue Northwest

Stories3Residences3Year Built1921Building Size-Lot Size0.13 AC / 5,515 SF

Payment Calculator

$5,742 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,912

Property Taxes

$831

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4122 3rd Avenue Northwest

Summary
Location and General Information
  • Style: 53 - Tri-plex
  • Site Features: Fenced-Partially
  • Area: 705 - Ballard/Greenlake
  • Elementary School: Bf Day
  • Middle Or Junior School: Hamilton Mid
  • High School: Lincoln High
  • Directions: Heading north on 3rd Ave NW, property will be on your right behind a blue house.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2020
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 3.0
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Furnished: Unfurnished
  • Floor Covering: Ceramic Tile, Softwood, Carpet
  • Features: Fir/Softwood
  • Fireplace: No
  • Heating: Yes
  • FIRPTA: No
Exterior Features
  • Exterior: Wood
  • Roof: Composition
Property
Utilities
  • Electric On Property: No
  • Heating and Cooling: Baseboard
  • Water Source: Public
  • Water/Sewer/Garbage: 0
  • Power Company: SCL
  • Sewer Company: SPU
  • Water Company: SPU
  • Power Production Type: Electric
  • Utilities: Sewer Connected, Electricity Available
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • Zoning Class: Multi-Family,Residential,See Remarks
  • First Right Of Refusal: false
  • Possible Use: Multi-Family, Residential, See Remarks
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 4
Lot Information
  • Lot Details: Curbs, Paved, Sidewalk
  • Lot Size Source: KCR
  • Parcel Number Free Text: 1819800025
  • Calculated Square Footage: 2760
  • Structure Type: Triplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 2760.0
  • 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: 13428
  • Gross Adjusted Income: 42780
  • Gross Rent Multiplier: 24
  • Gross Scheduled Income: $42,780
  • Insurance Expense: $1,359
  • Net Operating Income: $29,352
  • Other Expenses: $210
  • Total Monthly Income: 3990
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: #A
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 500
  • Rent Unit 1: $1,250.00
  • Bedrooms Unit 1: 1
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: #B
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 940
  • Rent Unit 2: $1,320.00
  • Bedrooms Unit 2: 2
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: #C
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: true
  • Square Feet Unit 3: 940
  • Rent Unit 3: $1,420.00
  • Bedrooms Unit 3: 2
  • Bathrooms Unit 3: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 2760.0
  • Leasable Area Units: Square Feet

Property History for 4122 3rd Avenue Northwest

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 4122 3rd Avenue Northwest

Taxable ValueLand$649,000Additions$403,000Total$1,052,000
Tax Record2022$9,430 ($786 / month)
Home Facts
Baths3Total Finished SqFt3,640 SqFtAbove Ground SqFt2,760 SqFtFinished Basement SqFt880 SqFtStories2Lot Size5,515 SqFtStyleTriplexYear Built1921ZoningLR1 (M)CountyKINGAPN181980-0025

Schools near 4122 3rd Avenue Northwest

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 - K to 8
Rating
School
Distance
B F Day Elementary School
PublicPK to 5

Hamilton International Middle School
Public6 to 8

Lincoln 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.

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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 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.