For Sale
(MLS-listed)
$3,500,000
1420 4th Ave W Seattle, WA 98119
| Beds: | 4 |
| Baths: | - |
| Sq. Ft.: | 14,750 |
| $/Sq. Ft.: | $237 |
| Lot Size: | 6,500 Sq. Ft. |
| Property Type: | Multi-Family |
| Style: | 10+ Units |
| Stories: | 3 |
| Year Built: | 1908 |
| Community: | Queen Anne |
| County: | King |
| MLS#: | 29147758 |
| Source: | NWMLS |
| Status: | Active |
| On Redfin: | 34 days |
| Cumulative: | 35 days |
The Kerry Park Apartments were built in 1908 and updated in the 1970's. Updates to the plumbing and electrical systems, and the windows were updated with double pane vinyl wrapped units. The property consists of 3 floors w/ basement and intercom entry, front and rear staircases. The siding is low maintenance and has recently been painted. Unit mix is 25 studios, 8 - 1 BD, and 1 - 2 BD. Units are unique, the ceilings high, and there is an abundance of natural light. Do not distrub the tenants.
Equipment
- Leased Washer/Dryer
- Leased Water Tank
Building Information
- # of Units: 34
- Metal/Vinyl Exterior
- Built-Up Roof
Unit 3 Information
- # of Bedrooms: 2
- # of Baths: 1
- Sq. Ft.: 750
- Has Range/Oven
- Has Refrigerator
- Monthly Rent: $825
- Unit Number: 2 Bd/ 1 Bth
Property Information
- Tax ID #: 1732800215
- Vacancy Rate: 3
Heating & Cooling
- Wall Heat
Unit 1 Information
- # of Bedrooms: 1
- # of Baths: 1
- Sq. Ft.: 400
- Has Range/Oven
- Has Refrigerator
- Monthly Rent: $522
- Unit Number: Studio
Lot Information
- Curbed Lot
- Lot Is On Paved Street
- Lot Has Private/Public Sidewalk Access
Financial Information
- Cash Out
- Annual Taxes: $23,787
- Tax Year: 2009
- Cap Rate (NOI/LP): 4.71
- Gross Rent Multiplier: 12
- Total Monthly Income: $22,817
- Gross Scheduled Income: $273,804
- Gross Adjusted Income: $265,590
- Net Operating Income: $164,921
- Insurance Expenses: $6,325
- Water/Sewer/Garbage Expenses: $25,228
- Other Expenses: $45,329
- Total Expenses: $100,669
- Total Expenses: $100,669
Utility Information
- Energy Source: Natural Gas
- Sewer Connected
Unit 2 Information
- # of Bedrooms: 1
- # of Baths: 1
- Sq. Ft.: 500
- Has Range/Oven
- Has Refrigerator
- Monthly Rent: $675
- Unit Number: 1 Bd/ 1 Bth
Location Information
- Map Book: Thomas Guide
- Queen Anne/Magnolia
School Information
- School District: Seattle
Listing last changed
October 26, 2009, 3:14 PM
Overhead View of 1420 4th Ave W, Seattle, WA 98119
Sites Linking to 1420 4th Ave W
Property History for 1420 4th Ave W
| Date | Event | Price | Appreciation | Source |
|---|---|---|---|---|
| Oct 21, 2009 | Listed | $3,500,000 | -- | NWMLS #29147758 |
Public Facts for 1420 4th Ave W
| Beds: | - |
| Baths: | - |
| Finished Sqft: | 14500 |
| Unfinished Sqft: | - |
| Total Sqft: | 14500 |
| Floors: | 3 |
| Lot Size: | 6,500 |
| Style: | Multi-Family (5+ Unit) |
| Year Built: | 1908 |
| Year Renovated: | 1970 |
| County: | King County |
| APN: | 1732800215 |
| Last Updated: | November 13, 2009 |
These facts may not match MLS-provided listing facts.
Learn more.
Source: Public Records
Property Tax
| Taxable Value | |
| Land | $975,000 |
| Additions | $1,969,000 |
| Total | $2,944,000 |
| Tax (2009) | $23,788 |
Home Value Estimates for 1420 4th Ave W
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Link to this page at
http://www.redfin.com/WA/Seattle/1420-4th-Ave-W-98119/home/2065636
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