427 7th Avenue
427 7th Avenue
Kirkland, WA 98033
$1,980,000
Last Sold Price
4
Beds
3
Baths
2,080 Sq. Ft.
$952 / Sq. Ft.
2,080
Sq. Ft.
$952
per Sq. Ft.
Sold 1/19/24
Virtual Tour
Sold 1/19/24
Virtual Tour
Listing provided courtesy of Windermere RE West Campus Inc, Windermere Real Estate Midtown
Description
This fantastic Kirkland duplex is in a prime location! Fantastic potential both as an existing multi-family investment and or as a great buildable lot for a homesite. Walking distance to vibrant downtown Kirkland and central to all the local amenities. New zoning provisions for greater density! (4-6 units possible). Lot also has potential for short plat (previously approved in 2008) for two residential lots. Walk to lake and park. Just minutes to Google HQ, walking & biking trails, shopping, 405...This fantastic Kirkland duplex is in a prime location! Fantastic potential both as an existing multi-family investment and or as a great buildable lot for a homesite. Walking distance to vibrant downtown Kirkland and central to all the local amenities. New zoning provisions for greater density! (4-6 units possible). Lot also has potential for short plat (previously approved in 2008) for two residential lots. Walk to lake and park. Just minutes to Google HQ, walking & biking trails, shopping, 405 & future light rail. Lake Washington School District! Incredible upside potential for cap rates. Each unit is 2 bed, 1.5 bath w/ large garages soon to be vacant. Outstanding location in a highly desirable area. Don't miss out on this one!
- Listed by Stephen Janho • Windermere RE West Campus Inc
Property Details for 427 7th Avenue
Community Name
Kirkland
School DistrictLake Washington
ViewTerritorial
Number of Assigned Spaces4
Total Covered Parking4
Entry Date08-15-2023
Energy SourceElectric
SewerSewer Connected
Location
Listing Courtesy of Windermere RE West Campus Inc![]()
Sold By Windermere Real Estate Midtown
Add your commute
LISTING UPDATED: 01/19/2024 09:38 AM
Property Details for 427 7th Avenue
| Status | Sold |
|---|---|
| MLS # | 2151804 |
| Days on Market | 129 |
| Cumulative Days on Market | 129 |
| Taxes | $11,400 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1985 |
| Lot Size | 0.19 AC / 8,250 SF |
| County | King County |
Location
Listing Courtesy of Windermere RE West Campus Inc![]()
Sold By Windermere Real Estate Midtown
Add your commute
Virtual Tour
Building Information for 427 7th Avenue
Stories2Residences2Year Built1985Building Size-Lot Size0.19 AC / 8,250 SF
Payment Calculator
$11,756 per month
30 year fixed, 7.25% Interest
Principal and Interest
$10,806
Property Taxes
$950
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 427 7th Avenue
Summary
Location and General Information
- Style: 52 - Duplex
- Site Features: Cable TV, Gas Available, High Speed Internet, Patio
- Area: 560 - Kirkland/Bridle Trails
- Elementary School: Peter Kirk Elementary
- Middle Or Junior School: Kirkland Middle
- High School: Lake Wash High
- Directions: From I-405 S, take the NE 85th Street exit, keep right at the fork to continue on NE 85th Street. Turn right onto 6th, then left onto 7th. Duplex is on the left.
- Leased Items: None
- Property Sub Type: MULT
- View: Yes
- Waterfront: No
Taxes and HOA Information
- Tax Year: 2022
Parking
- Number of Carport Spaces: 0.0
- Carport: No
- Open Parking Spaces: 0.0
- Open Parking: No
Virtual Tour
- Virtual Tour URL Unbranded: https://player.vimeo.com/video/709630801?h=7a4dd143b2
Interior and Exterior Features
Interior Features
- Floor Covering: Laminate, Carpet
- Features: Laminate, Wall to Wall Carpet
- Cooling: No
- Cooling: None
- Fireplace: No
- Heating: Yes
- Heating: Baseboard
- FIRPTA: No
Exterior Features
- Exterior: Wood, Wood Products
- Roof: Composition
Property
Utilities
- Water Source: Public
- Water/Sewer/Garbage: 150
- Power Company: PSE
- Sewer Company: King County
- Water Company: City of Kirkland
- Power Production Type: Electric
Property and Assessments
- New Construction YN: No
- Zoning Jurisdiction: City
- Foundation: Poured Concrete
- Zoning Class: Multi-Family,Residential
- Possible Use: Multi-Family, Residential
- Preliminary Title Ordered: Yes
- Senior Community: No
- Special Listing Conditions: None
- Photos Count: 32
Lot Information
- Lot Details: Curbs, Paved, Sidewalk, Value In Land
- Lot Number: 5-6
- Lot Size Source: Realist
- Parcel Number Free Text: 3885807695
- Building Condition: Good
- Calculated Square Footage: 2080
- Structure Type: Duplex
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 2080.0
- Building Area Units: Square Feet
- Property Type: Residential Income
- Common Interest: Multi-Family
- Elevation Units: Feet
- Irrigation Water Rights: No
Multi Family
Building Details
- Number of Uncovered Spaces: 0
- Number of Stories in Building: 2
- Vacancy Rate: 0
- Number Of Units Total: 2
- Units Below Grade: false
- Units In Building Total: 2
Financing / Income and Expenses
- Electric Expense: $100
- Total Expenses: 16760.95
- Gross Adjusted Income: 37080
- Gross Rent Multiplier: 61.89
- Gross Scheduled Income: $37,080
- Insurance Expense: $1,761
- Net Operating Income: $20,670
- Other Expenses: $3,250
- Total Monthly Income: 0
- Fuel Expense: $100
Unit 1
- Name Unit 1: X
- Washer/Dryer Unit 1: true
- Range/Oven Unit 1: true
- Refrigerator Unit 1: true
- Dishwasher Unit 1: true
- Square Feet Unit 1: 1000
- Rent Unit 1: $1,395.00
- Bedrooms Unit 1: 2
- Fireplaces Unit 1: 1
- Bathrooms Unit 1: 2
Unit 2
- Name Unit 2: X
- Washer/Dryer Unit 2: true
- Range/Oven Unit 2: true
- Refrigerator Unit 2: true
- Dishwasher Unit 2: true
- Square Feet Unit 2: 1000
- Rent Unit 2: $1,695.00
- Bedrooms Unit 2: 2
- Fireplaces Unit 2: 1
- Bathrooms Unit 2: 2
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 2080.0
- Leasable Area Units: Square Feet
Property History for 427 7th Avenue
| 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 427 7th Avenue
Taxable ValueLand$1,132,000Additions$691,000Total$1,823,000
Tax Record2022$13,754 ($1,146 / month)
Home Facts
Baths3.5Total Finished SqFt2,080 SqFtAbove Ground SqFt2,080 SqFtStories1Lot Size8,250 SqFtStyleDuplexYear Built1985ZoningPLA 7CCountyKINGAPN388580-7695Fireplace TypeHas Fireplace
Schools near 427 7th Avenue
This home is within Lake Washington School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 1 to 5 |
Rating | School | Distance |
|---|---|---|
Peter Kirk Elementary School PublicK to 5 | ||
Kirkland Middle School Public6 to 8 | ||
Lake Washington High School Public9 to 12 | ||
Community School Public1 to 5 |
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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Listing Courtesy of Windermere RE West Campus 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.