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$1,525,000   Price Analysis
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7460 Woodlawn Ave NE
Seattle, WA 98115
Unknown bed None bath 2,540 SqFt ($600/SqFt)
1,747SqFt lot. Built 1910
Listed 2024-04-08, Taxes $9,141
Ⓧ USDA Ineligible
due to price & location

near Seattle

Seller Financing.

Prime Green Lake Location! This unique duplex sits one block off the lake and boasts a tn-year history of zero vacancy.

Each unit has 4 bed rooms and 4 bathrooms. First time on the market in ten years.


Presented by Robert Wright at
Capstone Commercial.


Property MLS #2220186 from NWMLS

Heating Features: Forced Air
Heating Fuel: Natural Gas
Heating: Yes

Wood

Lot Description: Corner Lot
Lot Size Acres: 0.0401056
Lot Size Dimensions: 1, 747
Lot Size Square Feet: 1747

View: City, Lake

Gross Scheduled Income: 81216
Leasable Area: 2540
Leasable Area Units: Square Feet

Number of Units: 2
Bedrooms in Unit-1: 4
Bedrooms in Unit-2: 4
Total Bathrooms in Unit-1: 4
Total Bathrooms in Unit-2: 4
Unit-1 Description: 7460
Unit-2 Description: 7462
Unit-1 Square Feet: 1270
Unit-2 Square Feet: 1270

High School District: Seattle

Green Lake Elementary School is a public elementary school located approximately 0.5 miles away.
directions icon Map directions

Roosevelt High School is a public high school located approximately 0.8 miles away.
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Eckstein Middle School is a public middle school located approximately 1.5 miles away.
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Billings Middle School is a private middle school located approximately 0.2 miles away.
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Calculated Total Monthly Association Fees: 0

Annual Tax Amount: 9139
Source Listing Status: Active
Country Region: US
County: King
Cap Rate: 4.34
Directions: Exit I-5, west on NE 71st toward Green Lake, turn right on Woodlawn Ave NE (north) to property.
Tax Year: 2024
Source Property Type: Multi-Family
Possible Use: Multi-Family
Insurance Expense: 1576
Area: 705 - Ballard/Greenlake
List Development Name: Green Lake
Source Neighborhood: Green Lake
Parcel Number: 2883201665
Street Suffix Modifier: Avenue
Subdivision: Green Lake
Zoning: MultiFamily
Source System Name: C2C
Buyer Agent Commission: 2.5

YearAssessments
Building + Land
Total
Tax
2023$709,000 + $388,000
$1,097,000
$9,141
2022$603,000 + $342,000
$945,000
$8,565
2021$664,000 + $161,000
$825,000
$7,894
2020$698,000 + $166,000
$864,000
$8,174
2019$720,000 + $170,000
$890,000
$7,558
2018$631,000 + $149,000
$780,000
$7,630
2017$573,000 + $136,000
$709,000
$6,709
2016$520,000 + $124,000
$644,000
$6,245
2015$467,000 + $112,000
$579,000
$5,581
2014$410,000 + $99,000
$509,000
$5,426
2013$247,000 + $148,000
$395,000
$4,322
2012$259,000 + $150,000
$409,000
$4,176
2011$259,000 + $150,000
$409,000
$4,096
2009$334,000 + $177,000
$511,000
$4,188
2007$300,000 + $161,000
$461,000
$5,758

Listed 2024-04-08
$1,525,000
NWMLS
Sold 2014-12-30
$736,000
NWMLS
Listing removed 2014-12-04
$736,000
NWMLS
Price Changed 2014-11-20
$736,000
NWMLS
Price Changed 2014-11-20
$736,000
NWMLS
Listed 2014-11-08
$740,000
NWMLS
Listed 2014-11-08
$740,000
NWMLS

Net Operating Income: 66254
Operating Expense: 14962

Power Production Type: NaturalGas
Sewer: Available

Building Area Units: Square Feet
Living Area Units: Square Feet
Property Age: 114
Roof: Flat
Building Total Stories: 2
Structure Type: Duplex
House Style: Duplex
Elevation Units: Feet
Year Built Effective: 1990
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kitchenunknownlaundry_roombedroomunknown

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.