About Home value Property history Tax history Market statistics Schools Neighborhood Places of interest

116 16th Ave, Seattle, WA 98122

$782,000

Last sold 11/21/2014 for $437K

—
bed
—
bath
2,070
Sqft ($211/Sqft)

House not for sale

About 116 16th Ave

Property type House

Neighborhood

Year built 1900

HOA fee $0/month

Lot size 3,840 Sqft

Movoto estimate

Property description

Perfect for owner/occupant or investment with long-term upside. Duplex with upper / lower units. City skyline views. Large deep backyard. Rents are under market. Tenants are month to month. Property is zoned LR3 for possible development.

Listed by

Listing Agent - Eric R. Molsness

Listing Office - RE/MAX Northwest Realtors

Source: NWMLS

MLS#668012 • last updated 2 years ago

Movoto checked NWMLS for data 5 minutes ago

Overview
Levels/Style	Duplex
MLS #	668012
SubType	Multi-Family
Type	Residential Income
SqFt	2070
Status	Sold
Lot Size (SqFt)	3840
Lot Size (Acres)	0.0882
Property Tax	4410
Buying Office	Keller Williams Downtown Sea
Year Built	1900
Buying Office Phone	206-858-6800
Condition	Average

Interior
Flooring	Carpet
Interior Features	Wall To Wall Carpet

Exterior
Roof	Composition
Exterior Features	Metal/Vinyl

Amenities / Utilities
Sewer/ Septic	Sewer Connected, Seattle
Water	Public
Water Company	Seattle
Power Company	Seattle
Power Production: Type	Electric
Security Features	PartiallyFenced

Location
View	Territorial
County	King
Subdivision	Capitol Hill
Area	390 - Central Seattle
Elementary School	Seattle Public Sch
Middle School	Seattle Public Sch
High School District	Seattle
High School	Seattle Public Sch
APN	9826700655
Directions	From Yesler Go North On 16th Ave. Home Is On Right Side Of Street.
Zoning	Multi-Family

Multifamily Details
Net Operating Income	21630
Capitalization Rate	5
Expense: Insurance	1200
Gross Scheduled Income	31200
Gross Adjusted Income	31200
Total Expenses	8010
Gross Rent Multiplier	16

Lot/ Land Details
Site Features	Fenced-Fully

$782K

Range: $688K-$875K

Last 30 days

Rental est.: $687/month

• Gross rent multiplier: 53.0

Lower your payment with the loan terms that fit you.

Nov 2014
MLS # 668012
Nov 21, 2014 Sold
$437,000 (-1.8%)
Oct 11, 2014 Pending
—
Oct 7, 2014 Price Change
$445,000 (-10.1%)
Sep 21, 2014 Price Change
$495,000 (-10.0%)
Aug 27, 2014 Price Change
$550,000 (+23.6%)
Aug 26, 2014 Listed
—
Jul 24, 2014 Pending
—
Jul 15, 2014 Listed
$445,000 (-25.8%)
Jul 14, 2014 Listed
$600,000

Year Property taxes Tax assessment
2024
$7,536 +5.7%

$857,000 +0.94%
2023
$7,128 -5.1%

$849,000 +2.78%
2022
$7,515 +2.6%

$826,000
2021
$7,327 +8.5%

$826,000 +16.34%
2020
$6,753 +12.2%

$710,000 +0.85%
2019
$6,017 -8.0%

$704,000 +5.71%
2018
$6,541 +67.0%

$666,000 +50.68%
2015
$3,916

$442,000

116 16th Ave
$437K
Minor
$767K -14% y/y
98122
$799K -15% y/y
Seattle
$680K -12% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
118 16th Ave, Seattle, WA 98122	$1,264,000	4/2	2,000	0.01
124 16th Ave, Seattle, WA 98122	$864,000	3/1	1,070	0.02
1609 E Fir St, Seattle, WA 98122	$1,252,000	5/3	3,060	0.02
1610 E Fir St, Seattle, WA 98122	$784,000	2/1	1,010	0.05
1508 E Fir St, Seattle, WA 98122	$919,000	3/1	1,600	0.07
170 16th Ave, Seattle, WA 98122	$924,000	3/1	1,390	0.08
1521 E Spruce St, Seattle, WA 98122	$921,000	3/2	1,280	0.08
152 15th Ave, Seattle, WA 98122	$1,441,000	3/1	1,940	0.08

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.