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1803 Broadway E, Seattle, WA 98102

$1,075,000

Last sold 12/07/2021 after 62 Days

—
bed
—
bath
1,830
Sqft ($587/Sqft)

House not for sale

About 1803 Broadway E

Property type House

Neighborhood

Year built 1929

HOA fee $0/month

Lot size 3,780 Sqft

Property description

This offering presents a unique opportunity to purchase a multi-unit property nestled among luxury single-family homes with breath taking views of Downtown, Lake Union, and Gas Works Park. The property is suitable for an owner occupant, multi-family investor or single-family owner interested in converting the property to single family use. Tenants enjoy the close proximity to Capitol Hill, the University of Washington, Eastlake, and the Downtown Central Business District. The entire Duplex underwent complete remodel, inside and out in 2006.

Listed by

Listing Agent - Michael Urquhart

Listing Office - Paragon Real Estate Advisors

Source: NWMLS

MLS#1849880 • last updated 2 years ago

Movoto checked NWMLS for data 16 minutes ago

Overview
Levels/Style	Duplex
MLS #	1849880
SubType	Multi-Family
Type	Residential Income
SqFt	1830
Status	Sold
Lot Size (SqFt)	3780
Lot Size (Acres)	0.0868
Property Tax	8042
Year Built	1929
Buying Office Phone	206-322-2840
Condition	Remodeled

Interior

Exterior
Foundation	Poured Concrete
Roof	Composition
# Open Parking Spaces	3
# Parking Spaces	3
# Uncovered Spaces	3
Exterior Features	Wood

Amenities / Utilities
Sewer/ Septic	Available
Water	Public
Power Production: Type	Electric

Location
County	King
Subdivision	Capitol Hill
Area	390 - Central Seattle
High School District	Seattle
APN	9488700175
Directions	Take I-5 S To Union St. Take Exit 165B From I-5 S.

Multifamily Details
Net Operating Income	34884
Capitalization Rate	3.25
Expense: Insurance	689
Expense: Electricity	215
Gross Scheduled Income	49044
Expense: Other	1500
Gross Adjusted Income	47573
Total Expenses	12689
Gross Rent Multiplier	21
Nwm_Totalmonthlyincome	4087
Vacancy Rate	3

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Dec 2021
Public Records
Dec 7, 2021 Sold
$1,075,000
Dec 2021
MLS # 1849892
Dec 7, 2021 Sold
$1,075,000
Nov 11, 2021 Pending
—
Oct 6, 2021 Listed
$1,075,000
Dec 2021
MLS # 1849880
Dec 7, 2021 Sold
$1,075,000
Nov 11, 2021 Pending
—
Oct 6, 2021 Listed
$1,075,000 (-6.5%)
Sep 2021
MLS # 1848375
Sep 23, 2021 Listed
$1,150,000
Sep 2021
MLS # 1844563
Sep 23, 2021 Listed
$1,150,000 (-7.9%)
Aug 2020
MLS # 1654989
Aug 28, 2020 Listed
$1,248,000 (+108.0%)
Aug 2009
MLS # 29052745
Aug 28, 2009 Sold
$600,000 (-4.0%)
Apr 15, 2009 Listed
$625,000

Year Property taxes Tax assessment
2024
$9,850 +9.9%

$1,007,000 -3.27%
2023
$8,964

$1,041,000
2022
$8,964 +11.5%

$1,041,000 +16.18%
2021
$8,042 -1.7%

$896,000 +6.67%
2020
$8,184 +11.5%

$840,000 +0.24%
2019
$7,341 +0.3%

$838,000 +15.27%
2018
$7,320 +19.9%

$727,000 -7.27%
2015
$6,104

$784,000

1803 Broadway E
$1.07M
Broadway
$549K -50% y/y
98102
$749K -26% y/y
Seattle
$695K -13% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
810 E Blaine St, Seattle, WA 98102	$1,153,000	2/1	1,440	0.02
1806 Broadway E, Seattle, WA 98102	$1,337,000	2/1	1,140	0.03
815 E Howe St, Seattle, WA 98102	$1,115,000	2/1	1,020	0.03
811 E Howe St, Seattle, WA 98102	$1,209,000	2/1	1,280	0.04
907 E Howe St, Seattle, WA 98102	$2,026,000	4/3	3,550	0.04
1801 10th Ave E, Seattle, WA 98102	$1,898,000	4/2	2,270	0.05
1820 Lakeview Blvd E, Seattle, WA 98102	$1,044,000	2/1	1,150	0.05
1809 10th Ave E, Seattle, WA 98102	$1,818,000	5/2	4,180	0.05

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