8520 16th Avenue Northwest
8520 16th Avenue Northwest
Seattle, WA 98117
$1,250,000
Last Sold Price
4
Beds
4
Baths
2,040 Sq. Ft.
$613 / Sq. Ft.
2,040
Sq. Ft.
$613
per Sq. Ft.
Sold 8/1/22
Sold 8/1/22
Listing provided courtesy of CENTURY 21 North Homes Realty, John L. Scott Woodinville
Description
Drive by only. DO NOT DISTURB TENANTS. value in land. 4-plex sitting on double lot with split zoning. north parccel LR2, south parcel NC3P-55. Price includes both lots and must be sold together. As per review by architect you could build 8 townhomes w/garages-OR- 4 townhomes and 26 one bed flats and 1 commercial unit -OR- 4 townhomes and 19 flats. All plans conform with current zoning. Building is fully rented and rents are below market. Provides income stream while doing your design and permits....Drive by only. DO NOT DISTURB TENANTS. value in land. 4-plex sitting on double lot with split zoning. north parccel LR2, south parcel NC3P-55. Price includes both lots and must be sold together. As per review by architect you could build 8 townhomes w/garages-OR- 4 townhomes and 26 one bed flats and 1 commercial unit -OR- 4 townhomes and 19 flats. All plans conform with current zoning. Building is fully rented and rents are below market. Provides income stream while doing your design and permits. Best option is probably 8 townhomes. View of Olympic mountains from 2nd story. Near transit hub. New mixed use building going in on 15th NW will upgrade neighborhood.
- Listed by Jim Conlan • CENTURY 21 North Homes Realty
Property Details for 8520 16th Avenue Northwest
Community Name
Crown Hill
School DistrictSeattle
Number of Assigned Spaces7
Total Covered Parking0
Entry Date01-19-2021
Energy SourceElectric
SewerSewer Connected
Location
Listing Courtesy of CENTURY 21 North Homes Realty![]()
Sold By John L. Scott Woodinville
Add your commute
LISTING UPDATED: 08/09/2022 12:28 PM
Property Details for 8520 16th Avenue Northwest
| Status | Sold |
|---|---|
| MLS # | 1718816 |
| Days on Market | 143 |
| Cumulative Days on Market | 675 |
| Taxes | $9,814 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1956 |
| Lot Size | 0.17 AC / 7,500 SF |
| County | King County |
Location
Listing Courtesy of CENTURY 21 North Homes Realty![]()
Sold By John L. Scott Woodinville
Add your commute
Building Information for 8520 16th Avenue Northwest
Stories1Residences4Year Built1956Building Size-Lot Size0.17 AC / 7,500 SF
Payment Calculator
$7,640 per month
30 year fixed, 7.25% Interest
Principal and Interest
$6,822
Property Taxes
$818
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 8520 16th Avenue Northwest
Summary
Location and General Information
- Style: 54 - 4-Plex
- Area: 705 - Ballard/Greenlake
- Directions: From NW 85th head north on 16th Ave NW . 4-plex is on the right.
- Leased Items: None
- Property Sub Type: MULT
- View: No
- Waterfront: No
Taxes and HOA Information
- Tax Year: 2020
Parking
- Number of Carport Spaces: 0.0
- Carport: No
- Open Parking Spaces: 7.0
- Open Parking: Yes
Interior and Exterior Features
Interior Features
- Furnished: Unfurnished
- Floor Covering: Vinyl, Carpet
- Features: Wall to Wall Carpet
- Fireplace: No
- Heating: Yes
- FIRPTA: No
Exterior Features
- Exterior: Wood
- Roof: Flat
Property
Utilities
- Heating and Cooling: Baseboard
- Water Source: Public
- Water/Sewer/Garbage: 8000
- Water Company: city seattle
- Power Production Type: Electric
- Utilities: 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
- Letter On File: Duplicate Prop Type
- Preliminary Title Ordered: Yes
- Senior Community: No
- Special Listing Conditions: None
- Photos Count: 7
Lot Information
- Lot Details: Paved, Value In Land
- Lot Size Dimensions: 75 x 100
- Lot Size Source: Realist
- Parcel Number Free Text: 3300700900
- Building Condition: Fair
- Calculated Square Footage: 2040
- Structure Type: Quadruplex
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 2040.0
- Building Area Units: Square Feet
- Property Type: Residential Income
- Elevation Units: Feet
- Irrigation Water Rights: No
Multi Family
Building Details
- Number of Uncovered Spaces: 7
- Number of Stories in Building: 1
- Vacancy Rate: 0
- Number Of Units Total: 4
- Units Below Grade: false
Financing / Income and Expenses
- Electric Expense: $500
- Total Expenses: 19846
- Gross Adjusted Income: 44580
- Gross Rent Multiplier: 31
- Gross Scheduled Income: $44,580
- Insurance Expense: $1,532
- Net Operating Income: $24,734
- Other Expenses: $0
- Total Monthly Income: 3715
- Fuel Expense: $0
Unit 1
- Name Unit 1: 8516
- Range/Oven Unit 1: true
- Refrigerator Unit 1: true
- Dishwasher Unit 1: false
- Square Feet Unit 1: 480
- Rent Unit 1: $975.00
- Bedrooms Unit 1: 1
- Fireplaces Unit 1: 0
- Bathrooms Unit 1: 1
Unit 2
- Name Unit 2: 8518
- Range/Oven Unit 2: true
- Refrigerator Unit 2: true
- Dishwasher Unit 2: false
- Square Feet Unit 2: 480
- Rent Unit 2: $915.00
- Bedrooms Unit 2: 1
- Fireplaces Unit 2: 0
- Bathrooms Unit 2: 1
Unit 3
- Name Unit 3: 8520
- Range/Oven Unit 3: true
- Refrigerator Unit 3: true
- Dishwasher Unit 3: false
- Square Feet Unit 3: 480
- Rent Unit 3: $860.00
- Bedrooms Unit 3: 1
- Fireplaces Unit 3: 0
- Bathrooms Unit 3: 1
Unit 4
- Name Unit 4: 8522
- Range/Oven Unit 4: true
- Refrigerator Unit 4: true
- Dishwasher Unit 4: false
- Square Feet Unit 4: 480
- Rent Unit 4: $905.00
- Bedrooms Unit 4: 1
- Fireplaces Unit 4: 0
- Bathrooms Unit 4: 1
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 2040.0
- Leasable Area Units: Square Feet
Property History for 8520 16th 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 8520 16th Avenue Northwest
Taxable ValueLand$173,400Additions-Total$173,400
Tax Record2023$6,056 ($505 / month)
Home Facts
Beds2Total Finished SqFt1,530 SqFtAbove Ground SqFt1,530 SqFtStories4Lot Size630 SqFtStyleTownhouseYear Built1956ZoningLR2 (M1)CountyKINGAPN330070-0901
Schools near 8520 16th Avenue Northwest
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 8 |
Rating | School | Distance |
|---|---|---|
North Beach Elementary School PublicPK to 5 | ||
Whitman Middle School Public6 to 8 | ||
Ingraham 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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Listing Courtesy of CENTURY 21 North Homes Realty
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.