5218 8th Avenue Northwest
5218 8th Avenue Northwest
Seattle, WA 98107
$1,400,000
Last Sold Price
5
Beds
4
Baths
3,500 Sq. Ft.
$400 / Sq. Ft.
3,500
Sq. Ft.
$400
per Sq. Ft.
Sold 2/15/22
Sold 2/15/22
Listing provided courtesy of COMPASS, Realty One Group Orca, RE/MAX Northwest Realtors
Description
The 5218 Triplex consists of a Single Family House and a Duplex on a corner lot ideally located in the heart of Ballard in one of Seattle's most desirable residential neighborhoods. Financials are actual. The tenants are on 12-month leases w/Min credit score 700+, no pets, no smokers. WSG included (within limits). The tenant pays metered electricity to the landlord. Meter & copies of bills available. Basement and separate unit already rented. This is a beautiful home that boasts original hardwood...The 5218 Triplex consists of a Single Family House and a Duplex on a corner lot ideally located in the heart of Ballard in one of Seattle's most desirable residential neighborhoods. Financials are actual. The tenants are on 12-month leases w/Min credit score 700+, no pets, no smokers. WSG included (within limits). The tenant pays metered electricity to the landlord. Meter & copies of bills available. Basement and separate unit already rented. This is a beautiful home that boasts original hardwood flooring - the pictures just don't do it justice. A short walk/bike/bus to shopping, local pubs & microbreweries, restaurants, theaters, city parks, Swedish hospital, and more!
- Listed by Cheyanne Young • Realty One Group Orca
- Listed by Ricky L. Mouw • RE/MAX Northwest Realtors
Property Details for 5218 8th Avenue Northwest
Community Name
Ballard
School DistrictSeattle
ViewTerritorial
Number of Assigned Spaces2
Total Covered Parking0
Entry Date08-27-2021
Energy SourceElectric,Natural Gas
SewerSewer Connected
Location
Listing Courtesy of Realty One Group Orca; RE/MAX Northwest Realtors![]()
Sold By COMPASS
Add your commute
LISTING UPDATED: 02/16/2022 11:50 AM
Property Details for 5218 8th Avenue Northwest
| Status | Sold |
|---|---|
| MLS # | 1835179 |
| Days on Market | 123 |
| Cumulative Days on Market | 905 |
| Taxes | $8,492 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1903 |
| Lot Size | 0.10 AC / 4,300 SF |
| County | King County |
Location
Listing Courtesy of Realty One Group Orca; RE/MAX Northwest Realtors![]()
Sold By COMPASS
Add your commute
Building Information for 5218 8th Avenue Northwest
Stories2Residences3Year Built1903Building Size-Lot Size0.10 AC / 4,300 SF
Payment Calculator
$8,348 per month
30 year fixed, 7.25% Interest
Principal and Interest
$7,640
Property Taxes
$708
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 5218 8th Avenue Northwest
Summary
Location and General Information
- Style: 53 - Tri-plex
- Site Features: Cable TV, Deck, Fenced-Partially, High Speed Internet
- Area: 705 - Ballard/Greenlake
- Effective Year Built Source: See Remarks
- Directions: NW Market st then South on 8th ave NW - property is on the corner of NW 53rd st and 8th Ave NW
- 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: 2.0
- Open Parking: Yes
Interior and Exterior Features
Interior Features
- Furnished: Unfurnished
- Floor Covering: Hardwood, Laminate, Vinyl, Carpet
- Features: Forced Air, Hardwood, Wall to Wall Carpet, Laminate Hardwood
- Amenities: Basement
- Fireplace: No
- Heating: Yes
Exterior Features
- Exterior: Wood
- Roof: Composition
Property
Utilities
- Heating and Cooling: Forced Air,Wall
- Water Source: Public
- Water/Sewer/Garbage: 3919
- Power Company: Seattle Public Utility
- Sewer Company: Seattle Public Utility
- Water Company: Seattle Public Utility
- Power Production Type: Electric, Natural Gas
- Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electricity Available, Natural Gas Connected
Property and Assessments
- New Construction YN: No
- Zoning Jurisdiction: City
- Foundation: Post & Pillar, 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: 2019
- Photos Count: 31
Lot Information
- Lot Details: Curbs, Paved, Sidewalk
- Lot Size Source: King co
- Parcel Number Free Text: 0475000815
- Calculated Square Footage: 3500
- Structure Type: Triplex
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 3500.0
- Building Area Units: Square Feet
- Property Type: Residential Income
- Elevation Units: Feet
- Irrigation Water Rights: No
Multi Family
Building Details
- Number of Uncovered Spaces: 2
- Number of Stories in Building: 2
- Vacancy Rate: 0
- Number Of Units Total: 3
- Units Below Grade: true
- Units In Building Total: 3
Financing / Income and Expenses
- Electric Expense: $0
- Total Expenses: 13961
- Gross Adjusted Income: 76020
- Gross Rent Multiplier: 19
- Gross Scheduled Income: $76,020
- Insurance Expense: $1,550
- Net Operating Income: $62,059
- Other Expenses: $0
- Total Monthly Income: 6335
- Fuel Expense: $0
Unit 1
- Name Unit 1: 1
- Washer/Dryer Unit 1: true
- Range/Oven Unit 1: true
- Refrigerator Unit 1: true
- Dishwasher Unit 1: false
- Square Feet Unit 1: 1750
- Rent Unit 1: $2,750.00
- Bedrooms Unit 1: 3
- Fireplaces Unit 1: 1
- Bathrooms Unit 1: 2
Unit 2
- Name Unit 2: 2
- Washer/Dryer Unit 2: true
- Range/Oven Unit 2: true
- Refrigerator Unit 2: true
- Dishwasher Unit 2: false
- Square Feet Unit 2: 900
- Rent Unit 2: $1,565.00
- Bedrooms Unit 2: 1
- Bathrooms Unit 2: 1
Unit 3
- Name Unit 3: 3
- Washer/Dryer Unit 3: true
- Range/Oven Unit 3: true
- Refrigerator Unit 3: true
- Dishwasher Unit 3: true
- Square Feet Unit 3: 900
- Rent Unit 3: $2,020.00
- Bedrooms Unit 3: 1
- Bathrooms Unit 3: 1
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 3550.0
- Leasable Area Units: Square Feet
Property History for 5218 8th Avenue Northwest
| 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 5218 8th Avenue Northwest
Taxable ValueLand$402,000Additions$568,000Total$970,000
Tax Record2022$8,573 ($714 / month)
Home Facts
Baths2.5Total Finished SqFt3,490 SqFtAbove Ground SqFt2,590 SqFtFinished Basement SqFt900 SqFtStories2Lot Size4,300 SqFtStyleTriplexYear Built1927ZoningNR3CountyKINGAPN047500-0815Fireplace TypeHas Fireplace
Schools near 5218 8th Avenue Northwest
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 |
|---|---|---|
West Woodland Elementary School PublicK to 5 | ||
Hamilton International Middle School Public6 to 8 | ||
Ballard High School Public9 to 12 | ||
Salmon Bay School 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 Courtesy of Realty One Group Orca; RE/MAX Northwest Realtors
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.