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  • Listed by: 

    Ben Douglas,

    Paragon Real Estate Advisors,

    Michael Urquhart,

    Paragon Real Estate Advisors

    Bought with: Windermere Real Estate Co.
    $1,810,000

    1925 4th Avenue W, Seattle, WA 98119

    --beds
    --baths
    3,310sqft
    Triplex
    Built in 1963
    -- sqft lot
    $1,762,900 Zestimate®
    $547/sqft
    $4,096 Estimated rent

    Home value

    $1,762,900

    $1.62M - $1.92M

    $4,096/mo

    Zestimate® history
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    $4,096/mo

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    $10,887/mo

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    $10,887/mo

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    What's special

    The triplex consists of 3 – 2 bedroom/1 bathroom units that have all been updated since 2018. On the 7,200 SqFt lot, there is a front and backyard, 3 off-street parking spaces, and a 2-car garage that has had its roof replaced. The plumbing systems have been updated with a mix of copper and PEX but there is a small amount of original galvanized pipe. This property has been passively managed for the last few years and is ready for a new owner to take it to the next level. Rents are significantly below market, but all tenants are on month-to-month leases. The top floor unit can be vacant at closing, creating a great opportunity for an owner-user. Potential to add another unit or expand the top unit (buyer to verify).

    Zillow last checked: 8 hours ago

    Listing updated: October 22, 2024 at 09:19am

    Listed by:

    Ben Douglas,

    Paragon Real Estate Advisors,

    Michael Urquhart,

    Paragon Real Estate Advisors

    Bought with:

    Patrick Corr, 49857

    Windermere Real Estate Co.

    Source: NWMLS,MLS#: 2220598MLS Logo

    Facts & features

    Interior

    Heating
    • Baseboard
    Cooling
    • None
    Features
    • Has fireplace: No
    Interior area
    • Total structure area: 3,310
    • Total interior livable area: 3,310 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Open
    • Uncovered spaces: 3
    Lot
    • Size: 7,200 sqft
    Details
    • Parcel number: 2397101065
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    Materials
    • Wood Siding
    • Roof: Built-Up
    Condition
    • Year built: 1963

    Utilities & green energy

    • Sewer: Sewer Connected

    Community & neighborhood

    Location
    • Region: Seattle
    • Subdivision: Queen Anne

    Other

    Other facts
    • Listing terms: Cash Out,Conventional,Owner Will Carry
    • Cumulative days on market: 295 days

    Price history

    DateEventPrice
    10/21/2024Sold$1,810,000-13.7%$547/sqft
    Source: NWMLS #2220598
    7/1/2024Pending sale$2,097,500$634/sqft
    Source: NWMLS #2220598
    5/15/2024Price change$2,097,500-4.7%$634/sqft
    Source: NWMLS #2220598
    4/9/2024Listed for sale$2,200,000$665/sqft
    Source: NWMLS #2220598

    Public tax history

    YearProperty taxesTax assessment
    2024$14,745 +8.6%$1,493,000 +6.9%
    2023$13,581 +3.2%$1,397,000 -7.6%
    2022$13,155 -5%$1,512,000 +2.5%

    Find assessor info on the county website

    Neighborhood: West Queen Anne

    Nearby schools

    GreatSchools rating
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    An equal housing lender. NMLS #10287.

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    $1,762,900
    2% more+ $35,258
    With Zillow Showcase(estimated)
    $1,798,158