8507 Linden Avenue North
8507 Linden Avenue North
Seattle, WA 98103
$2,215,000
Last Sold Price
9
Beds
9
Baths
4,604 Sq. Ft.
$481 / Sq. Ft.
4,604
Sq. Ft.
$481
per Sq. Ft.
Sold 4/14/23
Sold 4/14/23
Listing provided courtesy of Westlake Associates, Inc.
Description
Building has assumable debt with 4.5 years @3.85% Green Lake Vista is a 5-unit 1994 construction apartment building with complete condo quality finishes. Comprised of four 2bed/2bath units and one 1bd/1ba+den unit. Units are spacious and updated with high quality finishes throughout. Stainless appliances, new cabinetry and quartz counters. New flooring, fixtures and vanities in the bathroom. All units have new paint, updated LVP flooring, and new lighting. Secure parking garage located under the...Building has assumable debt with 4.5 years @3.85% Green Lake Vista is a 5-unit 1994 construction apartment building with complete condo quality finishes. Comprised of four 2bed/2bath units and one 1bd/1ba+den unit. Units are spacious and updated with high quality finishes throughout. Stainless appliances, new cabinetry and quartz counters. New flooring, fixtures and vanities in the bathroom. All units have new paint, updated LVP flooring, and new lighting. Secure parking garage located under the building with tenant storage closets. Green Lake Vista offers an investor the rare opportunity to own a modern turn-key building with stabilized income in one of Seattle's best rental submarkets with immediate rent upside potential.
- Listed by Ian Brown • Westlake Associates, Inc.
- Listed by Travis Kannier • Westlake Associates, Inc.
Property Details for 8507 Linden Avenue North
Community Name
Phinney Ridge
School DistrictSeattle
Number of Assigned Spaces6
Total Covered Parking6
Entry Date10-05-2022
Energy SourceElectric
SewerSewer Connected
Location
Listing Courtesy of Westlake Associates, Inc.![]()
Sold By Westlake Associates, Inc.
Add your commute
LISTING UPDATED: 04/25/2023 03:38 PM
Property Details for 8507 Linden Avenue North
| Status | Sold |
|---|---|
| MLS # | 2004034 |
| Days on Market | 124 |
| Cumulative Days on Market | 455 |
| Taxes | $13,072 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1994 |
| Lot Size | 0.12 AC / 5,105 SF |
| County | King County |
Location
Listing Courtesy of Westlake Associates, Inc.![]()
Sold By Westlake Associates, Inc.
Add your commute
Building Information for 8507 Linden Avenue North
Stories3Residences5Year Built1994Building Size-Lot Size0.12 AC / 5,105 SF
Payment Calculator
$13,177 per month
30 year fixed, 7.25% Interest
Principal and Interest
$12,088
Property Taxes
$1,089
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 8507 Linden Avenue North
Summary
Location and General Information
- Style: 55 - 5-9 Units
- Site Features: Deck, Fenced-Partially
- Area: 705 - Ballard/Greenlake
- Directions: Heading West on 85th Ave N, turn North on Linden Ave N. Building is on the corner of N 85th St and Linden Ave N.
- Leased Items: None
- Property Sub Type: MULT
- View: No
- Waterfront: No
Taxes and HOA Information
- Tax Year: 2022
- Additional Tax Ids: 2909280020,2909280030,2909280040,2909280050
Parking
- Number of Carport Spaces: 0.0
- Carport: No
- Open Parking Spaces: 0.0
- Open Parking: No
Interior and Exterior Features
Interior Features
- Furnished: Unfurnished
- Floor Covering: Vinyl Plank, Carpet
- Features: Wall to Wall Carpet
- Amenities: Storage,Thermal Windows
- Cooling: Yes
- Fireplace: No
- Heating: Yes
Exterior Features
- Exterior: Stucco, Wood
- Roof: Tile
Property
Utilities
- Water/Sewer/Garbage: 11451
- Power Production Type: Electric
Property and Assessments
- New Construction YN: No
- Zoning Jurisdiction: City
- Zoning Class: Multi-Family
- First Right Of Refusal: false
- Possible Use: Multi-Family
- Preliminary Title Ordered: No
- Senior Community: No
- Special Listing Conditions: None
- Photos Count: 23
Lot Information
- Lot Details: Corner Lot, Curbs, Paved, Sidewalk
- Lot Size Source: King County
- Parcel Number Free Text: 2909280010
- Calculated Square Footage: 4604
- Structure Type: Multi Family
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 4604.0
- Building Area Units: Square Feet
- Property Type: Residential Income
- Elevation Units: Feet
- Irrigation Water Rights: No
- Green Energy Efficient: Thermal Windows
Multi Family
Building Details
- Number of Uncovered Spaces: 0
- Number of Stories in Building: 3
- Vacancy Rate: 3
- Number Of Units Total: 5
- Units Below Grade: false
- Units In Building Total: 5
Financing / Income and Expenses
- Electric Expense: $0
- Total Expenses: 31417
- Gross Adjusted Income: 139971
- Gross Rent Multiplier: 15.71
- Gross Scheduled Income: $144,300
- Insurance Expense: $1,494
- Net Operating Income: $108,554
- Other Expenses: $5,400
- Total Monthly Income: 12025
- Fuel Expense: $0
Unit 1
- Name Unit 1: 5
- Square Feet Unit 1: 952
- Rent Unit 1: $2,500.00
- Bedrooms Unit 1: 2
- Bathrooms Unit 1: 2
Unit 2
- Name Unit 2: 4
- Square Feet Unit 2: 1017
- Rent Unit 2: $2,500.00
- Bedrooms Unit 2: 2
- Bathrooms Unit 2: 2
Unit 3
- Name Unit 3: 3
- Square Feet Unit 3: 952
- Rent Unit 3: $2,500.00
- Bedrooms Unit 3: 2
- Bathrooms Unit 3: 2
Unit 4
- Name Unit 4: 2
- Square Feet Unit 4: 1017
- Rent Unit 4: $2,200.00
- Bedrooms Unit 4: 2
- Bathrooms Unit 4: 2
Unit 5
- Name Unit 5: 1
- Square Feet Unit 5: 660
- Rent Unit 5: $2,100.00
- Bedrooms Unit 5: 1
- Bathrooms Unit 5: 1
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 4604.0
- Leasable Area Units: Square Feet
Property History for 8507 Linden Avenue North
| 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 8507 Linden Avenue North
Taxable ValueLand-Additions-Total-
Home Facts
Total Finished SqFt4,858 SqFtAbove Ground SqFt4,858 SqFtStories3Lot Size5,105 SqFtStyleMulti-Family Res (5+ Units)Year Built1994Year Renovated2008ZoningLR3 (M)CountyKINGAPN2909280000
Schools near 8507 Linden Avenue North
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 - | 6 to 12 |
Rating | School | Distance |
|---|---|---|
Daniel Bagley Elementary School PublicK to 5 | ||
Robert Eagle Staff Middle School Public6 to 8 | ||
Ingraham High School Public9 to 12 | ||
Education Service Centers Public6 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
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.
Homes for Sale near Greenwood
Neighborhoods
Cities
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 Westlake Associates, 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.