4551 5th Avenue Northeast

Seattle, WA 98105

$845,000
Last Sold Price
7
Beds
4
Baths
2,670 Sq. Ft.
$316 / Sq. Ft.
2,670
Sq. Ft.
$316
per Sq. Ft.

Description

Attention Investors: Stellar location & opportunity with 1900's Charm! As of July 10, "now vacated" Duplex except for 1 lower level studio unit renter. This rental has had a long history of steady income & is now being sold AS IS. This house/duplex sits next to a SFR home (MLS 1871174). also for sale by same owner. 5 bedrm + 2 studio units . One elec panel (new) & 1 water meter., newer boiler, 2 gas water heaters. Framed Attic w/ Great storage or hang-out space. Basement's 2 studio apts has kitchen...Attention Investors: Stellar location & opportunity with 1900's Charm! As of July 10, "now vacated" Duplex except for 1 lower level studio unit renter. This rental has had a long history of steady income & is now being sold AS IS. This house/duplex sits next to a SFR home (MLS 1871174). also for sale by same owner. 5 bedrm + 2 studio units . One elec panel (new) & 1 water meter., newer boiler, 2 gas water heaters. Framed Attic w/ Great storage or hang-out space. Basement's 2 studio apts has kitchen & ¾ bath each. Theres a new boiler & 2 gas water heaters. No Garage -Parking pad for 4-5 cars in back. Exterior painted in 2018. NEW Photos coming by end of July--Minutes to Wallingford retail, U-District & I5.
  1. Listed by Ranee L. Palacios • Windermere R.E. Shoreline

Property Details for 4551 5th Avenue Northeast

Community Name
Wallingford
School District
Seattle
View
Territorial
Number of Assigned Spaces
4
Total Covered Parking
0
Entry Date
12-16-2021
Energy Source
Electric
Sewer
Sewer Connected

Location

Listing Courtesy of Windermere R.E. Shoreline

Sold By Redfin

Add your commute
LISTING UPDATED: 03/09/2023 01:08 PM

Property Details for 4551 5th Avenue Northeast

StatusSold
MLS #1871495
Days on Market26
Cumulative Days on Market795
Taxes$6,794 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1912
Lot Size0.10 AC / 4,183 SF
CountyKing County

Location

Listing Courtesy of Windermere R.E. Shoreline

Sold By Redfin

Add your commute

Building Information for 4551 5th Avenue Northeast

Stories3Residences2Year Built1912Building Size-Lot Size0.10 AC / 4,183 SF

Payment Calculator

$5,178 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,612

Property Taxes

$566

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4551 5th Avenue Northeast

Summary
Location and General Information
  • Style: 52 - Duplex
  • Site Features: Cable TV, Deck, High Speed Internet
  • Area: 705 - Ballard/Greenlake
  • Block: 1
  • Effective Year Built Source: Public Records
  • Directions: From I5 South,exit #169 . Keep right towards NE 50th, and merge onto 5th Ave NE. Proceed to 4551 --- Duplex will be on the Right although the signage is in front of 4541.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • 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: Hardwood, Carpet
  • Features: Radiator, Hardwood, Wall to Wall Carpet
  • Amenities: Basement
  • Fireplace: No
  • Heating: Yes
  • FIRPTA: No
Exterior Features
  • Exterior: Wood
  • Roof: Composition
Property
Utilities
  • Heating and Cooling: Radiator
  • Water Source: Public
  • Water/Sewer/Garbage: 5267
  • Power Company: Seattle City Light
  • Sewer Company: Seattle Public Utilities
  • Water Company: Seattle Public Utilities
  • 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
  • First Right Of Refusal: false
  • Possible Use: Multi-Family
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1912
  • Photos Count: 15
Lot Information
  • Lot Details: Curbs, Sidewalk
  • Lot Number: 13
  • Lot Size Source: Public Records
  • Parcel Number Free Text: 1890000065
  • Calculated Square Footage: 2670
  • Structure Type: Duplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 2670.0
  • 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: 3
  • Vacancy Rate: 30
  • Number Of Units Total: 2
  • Units Below Grade: true
  • Units In Building Total: 3
Financing / Income and Expenses
  • Electric Expense: $1,423
  • Total Expenses: 15668
  • Gross Adjusted Income: 43200
  • Gross Rent Multiplier: 1.86
  • Gross Scheduled Income: $52,800
  • Insurance Expense: $1,200
  • Net Operating Income: $35,349
  • Other Expenses: $0
  • Total Monthly Income: 4550
  • Fuel Expense: $984
Unit 1
  • Name Unit 1: Main & Upper
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 1700
  • Rent Unit 1: $2,800.00
  • Bedrooms Unit 1: 5
  • Fireplaces Unit 1: 0
  • Bathrooms Unit 1: 2
Unit 2
  • Name Unit 2: Bsement
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: false
  • Square Feet Unit 2: 970
  • Rent Unit 2: $1,750.00
  • Bedrooms Unit 2: 2
  • Fireplaces Unit 2: 0
  • Bathrooms Unit 2: 2
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 1700.0
  • Leasable Area Units: Square Feet

Property History for 4551 5th Avenue Northeast

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 4551 5th Avenue Northeast

Taxable ValueLand$521,000Additions$295,000Total$816,000
Tax Record2022$7,137 ($595 / month)
Home Facts
Baths2Total Finished SqFt3,640 SqFtAbove Ground SqFt2,670 SqFtFinished Basement SqFt970 SqFtStories2Lot Size4,183 SqFtStyleDuplexYear Built1912ZoningNR3CountyKINGAPN189000-0065

Schools near 4551 5th Avenue Northeast

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 5
Rating
School
Distance
Green Lake Elementary School
PublicPK to 5

Hamilton International Middle School
Public6 to 8

Lincoln High School
Public9 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 Windermere R.E. Shoreline

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.