5219 22nd Avenue Northeast

Seattle, WA 98105

$1,940,000
Price
$1,940,000
Price
Studio
Beds
3,685 Sq. Ft.
$526 / Sq. Ft.
3,685
Sq. Ft.
$526
per Sq. Ft.

Property Details

StatusActive
MLS #1377396
Year Built1914
DOM235
Compass TypeMulti Family
MLS TypeMulti Family
Lot Size0.12 AC / 5,050 SF
Taxes$13,276 / year
Condo/Co-op Fees-
HOA Fees-
CountyKing County

Listing Agent

Daniel Lim

Whitecap Real Estate

candice@svnwhitecap.com

P: 206.284.1000

Contact Compass Agent

Property Details

Community Name
University District
School District
Seattle
View
Mountain, Territorial

Description

This three story, “craftsman style” 4-plex, presents investors an opportunity to experience cashflow & 5% returns on in-place rents while tapping into the U-District’s coveted captive renter base. The 4 large turn-key units, feature crown molding, box-beam ceilings, brick fireplaces & hardwood floors. Units received updated countertops, cabinetry, fixtures, plumbing & electrical. UW campus & U-Village shopping are blocks.

Location

Listing Courtesy of Whitecap Real Estate

Building Information

Stories-Residences4Year Built1914Building Size-Lot Size0.12 AC / 5,050 SF

Payment Calculator

$8,924 per month

30 year fixed, 4.45% Interest

Principal and Interest

$7,818

Property Taxes

$1,106

HOA Dues

$0

Property Information for 5219 22nd Avenue Northeast

Summary
    Location and General Information
  • Style: 54 - 4-Plex
  • Area: 710 - North Seattle
  • Directions: Eastside of 22nd Ave. Up steps to building
  • Leased Items: None
  • MLS Status: A
    Taxes and HOA Information
  • Tax Year: 2018
Interior and Exterior Features
    Interior Features
  • Floor Covering: Hardwood, Wall to Wall Carpet
  • New Construction: N
    Exterior Features
  • Exterior: Wood, Wood Products
  • Roof: Composition
Property
    Utilities
  • Energy Source: Electric, Natural Gas
  • Heating and Cooling: Baseboard, Forced Air
  • Sewer: Sewer Connected
  • Water Source: Community
  • Water/Sewer/Garbage: 5622
    Lot Information
  • Lot Size Source: Realist
  • Parcel Number: 7174800430
Multi Family
    Building Details
  • Number of Stories in Building: 3
  • Vacancy Rate: 4
    Financing / Income and Expenses
  • Total Expenses: $21,833
  • Gross Adjusted Income: $119,808
  • Gross Rent Multiplier: 16
  • Gross Scheduled Income: $124,800
  • Insurance Expenses: $1,735
  • Net Operating Income: $98,175
  • Other Expenses: 1000
  • Total Monthly Income: 10400
    Unit 1
  • Washer/Dryer Unit 1: N
  • Range/Oven Unit 1: Y
  • Refrigerator Unit 1: N
  • Dishwasher Unit 1: Y
  • Square Feet Unit 1: 750
  • Rent Unit 1: $1,850
  • Bedrooms Unit 1: 2
  • Description Unit 1: 1
  • Bathrooms Unit 1: 1.0
    Unit 2
  • Washer/Dryer Unit 2: N
  • Range/Oven Unit 2: Y
  • Refrigerator Unit 2: Y
  • Dishwasher Unit 2: N
  • Square Feet Unit 2: 400
  • Rent Unit 2: $1,050
  • Bathrooms Unit 2: 1.0
  • Description Unit 2: 2
    Unit 3
  • Washer/Dryer Unit 3: N
  • Range/Oven Unit 3: Y
  • Refrigerator Unit 3: Y
  • Dishwasher Unit 3: N
  • Square Feet Unit 3: 1200
  • Rent Unit 3: $3,700
  • Bedrooms Unit 3: 4
  • Bathrooms Unit 3: 2.0
  • Description Unit 3: 3
    Unit 4
  • Washer/Dryer Unit 4: N
  • Range/Oven Unit 4: Y
  • Refrigerator Unit 4: Y
  • Dishwasher Unit 4: Y
  • Square Feet Unit 4: 1335
  • Rent Unit 4: $3,700
  • Bedrooms Unit 4: 4
  • Fireplaces Unit 4: 1
  • Bathrooms Unit 4: 2.0
  • Description Unit 4: 4

Property History for 5219 22nd Avenue Northeast

DateEvent & SourcePriceAppreciation
Oct 24, 2018Listed (Active)

NWMLS #1377396

$1,995,000
Jan 9, 2014Sold (Public Records)

Public Record #392210424

$1,075,000

+6.3% / yr

Jan 9, 2014Sold

NWMLS #545030

$1,075,000
DateEvent & SourcePrice
10/24/2018
Listed (Active)

NWMLS #1377396

$1,995,000
01/09/2014
Sold (Public Records)

Public Record #392210424

$1,075,000

+6.3% / yr

01/09/2014
Sold

NWMLS #545030

$1,075,000

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

Public Records

Taxable ValueLand$934,200Additions$495,800Total$1,430,000
Tax Record2018$13,276
Home Facts
Finished Sq.Ft.3,610 SqFtStories2Lot Size5,050 SqFtStyleQuadraplexYear Built1914Year Renovated1989ZoningLR3CountyKING

Schools in Seattle, WA

AllElementaryMiddleHigh
SchoolTypeGradesDistanceRating
Menachem Mendel Seattle Cheder Day SchoolPrivatePK-120.3 mi
NR
Seattle Area German American SchoolPrivatePK-10.4 mi
NR
University Cooperative SchoolPrivateK-50.4 mi
NR
University Child Development SchoolPrivatePK-50.6 mi
NR

Menachem Mendel Seattle Cheder Day School

PK-12, 0.3 mi, Private

NR

Seattle Area German American School

PK-1, 0.4 mi, Private

NR

University Cooperative School

K-5, 0.4 mi, Private

NR

University Child Development School

PK-5, 0.6 mi, Private

NR

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.

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. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Whitecap Real Estate
Listing provided courtesy of Northwest MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer.