215 Valley St $4,750,000

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    215 Valley St Seattle, WA 98109

    • 0 Beds
    • 0 Baths
    • 12,123 sq.ft.
    • Multi-Family
    Listing# 1502209
    SOLD 10/29/2019

    $4,750,000

    Days On Market: 14 6 Views
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    Property Details

    2 blocks from Seattle Center in Lower Queen Anne and for sale for the 1st time in 44 yrs. Attractive midcentury exterior, Downtown/Space Needle views, spacious units, 13 off-street parking spaces (4 covered). Walk score of 94: Near dining/shopping in Queen Anne, close to employers in SLU and Downtown. Current income generated is low compared to the market, and the buildings amenities and location, when combined with cosmetic updates, should allow for a substantially increased cash flow.

    • General Features
      • County King
      • Zoning Code Multi-Family
      • County King
      • Lot Details Corner Lot, Curbs, Paved Street, Sidewalk
      • Lot Square Footage 8,832
      • Number of Stories 3
      • Number of Units 11
      • Site Features Cable TV, Deck, Fenced-Partially, High Speed Internet, Patio
      • Style 56-10+ Units
      • View City, Partial, Territorial
      • Year Built 1967
    • Building Features
      • Roof Flat, Torch Down
      • Exterior Cement/Concrete
      • Amenities Coin Op Laundry, Storage, Thermal Windows
      • Approx SqFt 12,123
      • Floor Covering Laminate Hardwood, Vinyl, Wall to Wall Carpet
      • Foundation Poured Concrete
    • Financials
      • Total Monthly Income $22,110
      • Net Operating Income $162,641
      • Gross Scheduled Income $265,315
      • Gross Adjusted Income $254,703
      • Total Expenses $92,062
      • Other Expenses $29,463
      • Insurance Expenses $7,968
      • Expenses $92,062
      • Heating Expenses $0
      • Electrical Expenses $0
      • Gross Rent Multiplier 18
    • Utilities and Taxes
      • Tax Year 2019
      • Tax Amount $35,259
      • Energy Source Electric
      • Heating and Cooling Radiant
      • Sewer Company Sewer Connected
    • Schools
      • School District Seattle
      • Senior High Ballard High
      • Junior High Mc Clure Mid
      • Elementary School John Hay Elementary

    Neighborhood

    98109 (Seattle) Demographics

    33Median Age
    12,959Population Density (per sq. mile)
    77%College Educated
    $90,834 Estimated Median Income
    4,153Estimated Total Home Owners
    10,576Estimated Total Renters
    28% / 72%Estimated Owner / Renter Divide
    3Estimated Average Household Size
    25,906Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $599,000 Median Sales Price
    25 Homes Sold
    0 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- New in Database Source
        10/29/2019 12:00:00 AM Sold Source New Value: $4,750,000
        9/5/2019 3:41:28 PM Status Changed Source New Value: Pending

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        This property search is part of the Reliance Network website. Listing information is courtesy of the WA-NWMLS and Reliance Network. Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2019. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental Information has not been verified by agent and should be verified by buyer.