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$1,150,000   Price Analysis
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311 NW 48th St
Seattle, WA 98107
Unknown bed None bath 1,700 SqFt ($676/SqFt)
3,880SqFt lot. Built 1940
Listed 2024-06-20, Taxes $7,477
Ⓧ USDA Ineligible
due to price & location

near Seattle

Discover your dream home in Phinney Ridge!

This residence boasts turn-key living with plenty of opportunity: with 4 roomy beds, permitted ADU, detached garage and tasteful updates throughout. Live luxuriously across the expansive single-family residence, occupy one unit while renting the other or rent out both spaces for passive income year-round.

The upper floor captivates with its gleaming hardwood floors, nviting fireplace and updated kitchen. The lower level features new carpeting and elegant wood-wrapped windows that add a touch of sophistication. Multiple outdoor patios provide a relaxing backdrop for entertaining o r enjoying meals al fresco this Summer. This home isnt a place to live, its a place to thrive. Dont miss out!


Presented by Michael & Leann Witt at
Windermere RE/Capitol Hill,Inc.
Listing Agent Photo

Property MLS #2255016 from NWMLS

Ceramic Tile
Hardwood
Wall to Wall Carpet
Flooring: Ceramic Tile, Hardwood, Wall to Wall Carpet

Fuel Expense: 1000
Heating Features: Forced Air, Wall
Heating Fuel: Electric, Oil
Heating: Yes

Wood
Wood Products

Covered Spaces: 1
Open Parking Spaces: 1
Open Parking: Yes
Parking Total: 2

Lot Description: Curbs, Paved Street, Sidewalk
Lot Size Acres: 0.0890725
Lot Size Square Feet: 3880

View: Territorial
Security Features: FullyFenced

Gross Scheduled Income: 61200
Leasable Area: 1700
Leasable Area Units: Square Feet

Number of Units: 2

High School District: Seattle

B F Day Elementary School is a public elementary school located approximately 0.8 miles away.
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Lincoln High School is a public high school located approximately 1 miles away.
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Hamilton International Middle School is a public middle school located approximately 1.2 miles away.
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Pacific Crest Schools is a private elementary and middle school located approximately 0.3 miles away.
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Calculated Total Monthly Association Fees: 0

Annual Tax Amount: 7478
Source Listing Status: Active
Country Region: US
County: King
Cap Rate: 4.2
Directions: Heading North on 3rd Ave NW turn Left and head (West) on NW 48th. Home is on your left.
Tax Year: 2023
Source Property Type: Multi-Family
Insurance Expense: 2000
Area: 705 - Ballard/Greenlake
List Development Name: Phinney Ridge
Source Neighborhood: Phinney Ridge
Parcel Number: 1982200460
Street Suffix Modifier: Street
Subdivision: Phinney Ridge
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2023$425,000 + $433,000
$858,000
$7,477
2022$369,000 + $412,000
$781,000
$7,379
2021$343,000 + $320,000
$663,000
$6,635
2020$355,000 + $342,000
$697,000
$6,864
2019$337,000 + $341,000
$678,000
$6,015
2018$300,000 + $307,000
$607,000
$6,172
2017$263,000 + $269,000
$532,000
$5,251
2016$227,000 + $241,000
$468,000
$4,738
2015$221,000 + $186,000
$407,000
$4,045
2014$203,000 + $172,000
$375,000
$4,101
2013$158,000 + $172,000
$330,000
$3,688
2012$167,000 + $176,000
$343,000
$3,640
2011$187,000 + $155,000
$342,000
$3,497
2009$232,000 + $183,000
$415,000
$3,469
2007$211,000 + $167,000
$378,000
$3,271

Listed 2024-06-20
$1,150,000
NWMLS
Listed 2024-06-19
$1,150,000
NWMLS
Sold 2009-10-28
$370,000
Public Record
Listing removed 2009-09-24
$374,500
NWMLS
Price Changed 2009-09-08
$374,500
NWMLS
Price Changed 2009-08-13
$389,000
NWMLS
Listed 2009-06-18
$399,000
NWMLS
Sold 1990-01-11
$129,000
Public Record

Net Operating Income: 47722
Operating Expense: 13478

Electric Expense: 1200
Power Production Type: Electric, Oil
Sewer: Sewer Connected
Water Source: Public

Building Area Total: 1700
Building Area Units: Square Feet
Foundation Details: Poured Concrete
Living Area Units: Square Feet
Property Age: 84
Roof: Composition
Building Total Stories: 2
Structure Type: Duplex
House Style: Duplex
Elevation Units: Feet
Click Thumbnail Images To View Full Size
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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.