For Sale
(MLS-listed)
$1,695,000
1717 Summit Ave Seattle, WA 98122
| Beds: | 3 |
| Baths: | - |
| Sq. Ft.: | 8,700 |
| $/Sq. Ft.: | $195 |
| Lot Size: | 6,000 Sq. Ft. |
| Property Type: | Multi-Family |
| Style: | 10+ Units |
| View(s): | City |
| Year Built: | 1959 |
| Community: | Capitol Hill |
| County: | King |
| MLS#: | 29089724 |
| Source: | NWMLS |
| Status: | Active |
| On Redfin: | 158 days |
| Cumulative: | 158 days |
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Property features spacious units with built-in cabinetry, landscaped courtyard with fountain and rock feature. Hardwood floors, larger two bedroom units have W/ D hookups, an extra large utility room, decks and downtown views. The common areas include secure gated access for residents, covered parking for five vehicles and a common coin op laundry facility. Additional parking is available for rent. Coated enamel plumbing system and a new torch down roof. 100% for the past 2+ years.
Equipment
- Leased Washer/Dryer
Building Information
- # of Units: 12
- Stone Exterior
- Wood Exterior
- Torch Down Roof
Unit 1 Information
- # of Baths: 1
- Sq. Ft.: 600
- Has Range/Oven
- Has Refrigerator
- Monthly Rent: $945
- Unit Number: Studio
Lot Information
- General Zoning Class: Multi-Family
Financial Information
- Cash Out
- Annual Taxes: $13,416
- Tax Year: 2009
- Cap Rate (NOI/LP): 6.02
- Gross Rent Multiplier: 11
- Total Monthly Income: $12,634
- Gross Scheduled Income: $150,588
- Gross Adjusted Income: $144,564
- Net Operating Income: $102,036
- Insurance Expenses: $5,750
- Water/Sewer/Garbage Expenses: $7,802
- Other Expenses: $15,561
- Total Expenses: $42,529
- Total Expenses: $42,529
Heating & Cooling
- Wall Heat
Parking Information
- # of Carport Spaces: 5
Unit 2 Information
- # of Bedrooms: 1
- # of Baths: 1
- Sq. Ft.: 600
- Has Range/Oven
- Has Refrigerator
- Monthly Rent: $848
- Unit Number: 1BD/1BTH
Location Information
- Map Book: Thomas Guide
- Central Seattle/Madison Park
School Information
- School District: Seattle
Utility Information
- Energy Source: Electric
- Sewer Connected
Property Features
- Gated Entry
Unit 3 Information
- # of Bedrooms: 2
- # of Baths: 1
- Sq. Ft.: 975
- Has Range/Oven
- Has Refrigerator
- Monthly Rent: $1,158
- Unit Number: 2BD/1BTH
Property Information
- Has Units Below Grade
- Tax ID #: 8804901120
- Vacancy Rate: 4
Listing last changed
November 19, 2009, 3:44 PM
Overhead View of 1717 Summit Ave, Seattle, WA 98122
Sites Linking to 1717 Summit Ave
Property History for 1717 Summit Ave
| Date | Event | Price | Appreciation | Source |
|---|---|---|---|---|
| Nov 19, 2009 | Price Changed | $1,695,000 | -- | NWMLS #29089724 |
| Jun 23, 2009 | Listed | $1,775,000 | -- | NWMLS #29089724 |
| Feb 21, 2007 | Sold (Public Records) | $1,498,350 | -- | Public Records |
Public Facts for 1717 Summit Ave
| Beds: | - |
| Baths: | - |
| Finished Sqft: | 8893 |
| Unfinished Sqft: | - |
| Total Sqft: | 8893 |
| Floors: | 2 |
| Lot Size: | 6,000 |
| Style: | Multi-Family (5+ Unit) |
| Year Built: | 1959 |
| Year Renovated: | 1981 |
| County: | King County |
| APN: | 8804901120 |
| Last Updated: | November 14, 2009 |
These facts may not match MLS-provided listing facts.
Learn more.
Source: Public Records
Property Tax
| Taxable Value | |
| Land | $750,000 |
| Additions | $904,000 |
| Total | $1,654,000 |
| Tax (2009) | $13,417 |
Home Value Estimates for 1717 Summit Ave
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| Average: | $252/Sq. Ft. |
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| Average: | $170/Sq. Ft. |
Link to this page at
http://www.redfin.com/WA/Seattle/1717-Summit-Ave-98122/home/2066363



(10/30/2009)
