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1604 E Spring St, Seattle, WA 98122

$3,308,365
Last sold 05/20/2015 for $2.42M
—
bed
—
bath
6,344
Sqft ($382/Sqft)

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About 1604 E Spring St

Property type House

Neighborhood

Year built 1950

HOA fee $0/month

Lot size 7,200 Sqft

Movoto estimate

Property description

Price Reduced! Select units have been remodeled. Corner lot and “L” shaped with a nicely landscaped and secluded courtyard garden in back. Units feature hardwood floors and well laid out kitchens and bathrooms. Large vinyl windows allow for an abundance of natural light. Residents enjoy the convenience of individual entry in the front and back of units and on-site laundry facilities. Storage lockers are provided for each unit and ample on-street parking is available within the neighborhood.

Listed by

Listing Agent - Travis Andrews

Listing Office - Paragon Real Estate Advisors

Source: NWMLS

MLS#679053 • last updated 1 year ago

Movoto checked NWMLS for data 22 minutes ago

Overview
Levels/Style	Multi Family
MLS #	679053
SubType	Multi-Family
Type	Residential Income
SqFt	6344
Status	Sold
Lot Size (SqFt)	7200
Lot Size (Acres)	0.1653
Property Tax	13378
Buying Office	ZNonMember-Office-MLS
Year Built	1950
Buying Office Phone	425-820-9200

Exterior
Roof	Flat
Exterior Features	Brick

Amenities / Utilities
Sewer/ Septic	Sewer Connected
Power Production: Type	Electric

Location
County	King
Subdivision	Capitol Hill
Area	390 - Central Seattle
High School District	Seattle
APN	7234600665
Directions	From I5 Take The Union St Exit. Right On 7th Ave. Right On Pike. Right On 12th Ave. Left On E Union. Right On 16th Ave. Left On E Spring. Property Is On The Left.
Zoning	Multi-Family

Multifamily Details
Net Operating Income	119219
Capitalization Rate	4.77
Expense: Insurance	3096
Gross Scheduled Income	168648
Expense: Other	17156
Gross Adjusted Income	162745
Total Expenses	43526
Gross Rent Multiplier	14
Nwm_Totalmonthlyincome	14054
Vacancy Rate	3

$3.3M

Range: $2.97M-$3.63M

Last 30 days

Rental est.: $730/month

• Gross rent multiplier: 276.8

Lower your payment with the loan terms that fit you.

May 2015
Public Records
May 20, 2015 Sold
$2,423,000
May 2015
MLS # 679053
May 20, 2015 Sold
$2,425,000 (-3.0%)
Apr 14, 2015 Pending
—
Aug 7, 2014 Listed
$2,500,000 (-3.8%)
Aug 6, 2014 Listed
$2,600,000 (+61.1%)
Nov 2012
Public Records
Nov 19, 2012 Sold
$1,613,500 (+63.2%)
Jun 2002
Public Records
Jun 4, 2002 Sold
$988,500

1604 E Spring St
$2.42M
Minor
$739K -18% y/y
98122
$820K -12% y/y
Seattle
$679K -15% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
1609 20th Ave, Seattle, WA 98122	$1,746,200	—/—	—	0.02
1124 16th Ave, Seattle, WA 98122	$1,549,000	4/1	2,850	0.04
1128 16th Ave, Seattle, WA 98122	$1,577,000	6/3	3,180	0.05
917 17th Ave, Seattle, WA 98122	$1,051,000	3/2	1,470	0.06
915 16th Ave, Seattle, WA 98122	$1,710,000	6/1	2,620	0.06
915 17th Ave, Seattle, WA 98122	$1,225,000	2/1	1,840	0.07
1133 16th Ave, Seattle, WA 98122	$1,497,000	3/1	2,570	0.07
912 16th Ave, Seattle, WA 98122	$1,650,000	6/1	2,950	0.07

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