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$3,185,000   Price Analysis
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9043 35th Ave SW
Seattle, WA 98126
Unknown bed None bath 7,976 SqFt ($399/SqFt)
0.3 acre lot. Built 1959
Listed 2024-06-04, Taxes $25,690
Ⓧ USDA Ineligible
due to price & location

near Seattle

The Rogene Apartments

A distinc tive mid-century marblecrete building, has been modernized with a fresh color scheme. Originally from the late 1950s, it features updated 1-bedroom units, luxury carpet, nw windows, quartz countertops, new cabinets, stainless steel appliances, tile backsplash, all-new bathrooms, vinyl hardwood flooring and a new roof (2016).

With an estimated 300 SF of underutilized storage ideal for conversion to a studio unit, this low-maintenance property is in Fauntleroy, near Puget Sound and Westwood shopping center, with direct downtown Seattle access via the C-bus line. Future redevelopment possibility with 13, 216 SqFt of NC2P-55 upzoned land.


Presented by Ethan Szmania at
The Foundation Group LLC.


Property MLS #2246708 from NWMLS

Wall to Wall Carpet
Laminate Hardwood
Flooring: Laminate Hardwood, Wall to Wall Carpet

Heating Features: Baseboard
Heating Fuel: Electric
Heating: Yes

Wood

Lot Description: Alley
Lot Size Acres: 0.3034
Lot Size Square Feet: 13216

Open Parking Spaces: 10
Open Parking: Yes
Parking Total: 10

Coin Op Laundry

Gross Scheduled Income: 235440
Leasable Area: 7976
Leasable Area Units: Square Feet

Number of Units: 13
Unit Features: Unit 10 BedsTotal: 1, Unit 10 BathsTotal: 1, Unit 10 SquareFeet: 620, Unit 10 ActualRent: 1625, Unit 10 UnitDescription: 10
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 1
Bedrooms in Unit-5: 1
Bedrooms in Unit-6: 1
Bedrooms in Unit-7: 1
Bedrooms in Unit-8: 1
Bedrooms in Unit-9: 1
Bedrooms in Unit-10: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Total Bathrooms in Unit-5: 1
Total Bathrooms in Unit-6: 1
Total Bathrooms in Unit-7: 1
Total Bathrooms in Unit-8: 1
Total Bathrooms in Unit-9: 1
Total Bathrooms in Unit-10: 1
Unit-1 Description: 1
Unit-2 Description: 2
Unit-3 Description: 3
Unit-4 Description: 4
Unit-5 Description: 5
Unit-6 Description: 6
Unit-7 Description: 7
Unit-8 Description: 8
Unit-9 Description: 9
Unit-10 Description: 10
Unit-1 Square Feet: 682
Unit-2 Square Feet: 516
Unit-3 Square Feet: 620
Unit-4 Square Feet: 620
Unit-5 Square Feet: 620
Unit-6 Square Feet: 620
Unit-7 Square Feet: 620
Unit-8 Square Feet: 620
Unit-9 Square Feet: 620
Unit-10 Square Feet: 620
Unit 1 Total Actual Rent: 1750
Unit 2 Total Actual Rent: 1550
Unit 3 Total Actual Rent: 1495
Unit 4 Total Actual Rent: 1550
Unit 5 Total Actual Rent: 1420
Unit 6 Total Actual Rent: 1450
Unit 7 Total Actual Rent: 1365
Unit 8 Total Actual Rent: 1425
Unit 9 Total Actual Rent: 1350
Unit 10 Total Actual Rent: 1625

High School District: Seattle

Chief Sealth High School is a public high school located approximately 0.8 miles away.
directions icon Map directions

Denny Middle School is a public middle school located approximately 0.8 miles away.
directions icon Map directions

Arbor Heights Elementary School is a public elementary school located approximately 0.8 miles away.
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Explorer West Middle School is a private middle school located approximately 0.7 miles away.
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Calculated Total Monthly Association Fees: 0

Annual Tax Amount: 29134
Source Listing Status: Active
Country Region: US
County: King
Cap Rate: 5.33
Directions: From I-5 Take exit 163A for W Seattle Bridge, Continue onto West Seattle Bridge, Turn left onto 35th Ave SW and follow all the way down to property.
Tax Year: 2024
Other Expense: 34361
Source Property Type: Multi-Family
Possible Use: Multi-Family
Insurance Expense: 5736
Area: 140 - West Seattle
List Development Name: Fauntleroy
Source Neighborhood: Fauntleroy
Parcel Number: 2491200880
Subdivision: Fauntleroy
Zoning: MultiFamily
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2023$1,715,600 + $1,189,400
$2,905,000
$25,690
2022$1,580,700 + $1,123,300
$2,704,000
$25,863
2021$1,155,700 + $1,123,300
$2,279,000
$23,076
2020$1,208,800 + $1,057,200
$2,266,000
$22,642
2019$662,800 + $991,200
$1,654,000
$15,302
2018$723,000 + $859,000
$1,582,000
$16,627
2017$424,000 + $859,000
$1,283,000
$13,232
2016$269,100 + $792,900
$1,062,000
$11,322
2015$172,100 + $792,900
$965,000
$10,087
2014$172,100 + $792,900
$965,000
$10,962
2013$122,100 + $792,900
$915,000
$10,552
2012$128,100 + $792,900
$921,000
$9,140
2011$194,200 + $726,800
$921,000
$9,654
2009$362,200 + $660,800
$1,023,000
$8,792
2007$499,600 + $330,400
$830,000
$7,558

Listed 2024-06-04
$3,185,000
NWMLS
Sold 2020-03-12
$2,935,000
Public Record
Sold 2017-06-15
$2,198,050
Public Record

Net Operating Income: 169866
Operating Expense: 82735

Power Production Type: Electric
Sewer: Available

Building Area Total: 7976
Building Area Units: Square Feet
Foundation Details: Slab
Living Area Units: Square Feet
Property Age: 65
Property Condition: Good
Roof: Flat
Building Total Stories: 2
Structure Type: Multi Family
House Style: 10+ Units
Elevation Units: Feet
Year Built Effective: 1988
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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.