2431 NW 57th St $1,480,000

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    2431 NW 57th St Seattle, WA 98107

    • 0 Beds
    • 0 Baths
    • 3,740 sq.ft.
    • Multi-Family
    Listing# 1425695 | Pending

    $1,480,000

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    Days On Market: 186 0 Views
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    Property Details

    Pines II, a triplex built in 1967 located in the heart of Ballard offers three well-maintained two-bedroom units. Pines II offers new ownership a value-add investment in a great location with upside in converting garage spaces into more units. Zoned LR3, the property is primed for redevelopment located within the City of Seattles Urban Village and Frequent Transit overlay, allowing for development without parking requirements. Walk score of 96.

    • General Features
      • County King
      • Style 53-Tri-plex
      • Number of Stories 1
      • Number of Units 3
      • Year Built 1967
      • Lot Details Value In Land
      • Lot Square Footage 4,400
      • County King
    • Building Features
      • Approx SqFt 3,740
      • Roof Compostion
      • Exterior Stucco, Wood
      • Amenities See Remarks
      • Floor Covering Vinyl, Wall to Wall Carpet
    • Financials
      • Total Monthly Income $5,035
      • Net Operating Income $40,724
      • Gross Scheduled Income $60,424
      • Gross Adjusted Income $57,565
      • Total Expenses $16,840
      • Other Expenses $7,261
      • Insurance Expenses $1,500
      • Expenses $16,840
      • Heating Expenses $0
      • Electrical Expenses $660
      • Gross Rent Multiplier 24
    • Utilities and Taxes
      • Tax Year 2019
      • Tax Amount $6,254
      • Energy Source Electric
      • Heating and Cooling Baseboard
      • Sewer Company Sewer Available
    • Schools
      • School District Seattle
      • Senior High Ballard High

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    Neighborhood

    98107 (Seattle) Demographics

    35Median Age
    11,031Population Density (per sq. mile)
    78%College Educated
    $81,808 Estimated Median Income
    4,634Estimated Total Home Owners
    7,795Estimated Total Renters
    37% / 63%Estimated Owner / Renter Divide
    4Estimated Average Household Size
    24,179Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $745,000 Median Sales Price
    37 Homes Sold
    0 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $1,480,000
        6/14/2019 9:10:53 AM Status Changed Source New Value: Pending
        3/20/2019 9:41:00 AM New in Database Source

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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.