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302 18th Ave E, Seattle, WA 98112

$1,098,000
Last sold 03/31/2017 for $825K
—
bed
—
bath
1,590
Sqft ($519/Sqft)

House not for sale

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About 302 18th Ave E

Property type House

Neighborhood

Year built 1903

HOA fee $0/month

Lot size 2,582 Sqft

Movoto estimate

Property description

Developers/Investors ~ Rare opportunity for a Capitol Hill duplex zoned L3 within the Madison Miller Urban Village Boundary. Each large unit features 1 BR and 1BTH. The upper unit has a loft. Both units have decks and the lower unit a back patio. Two single car garages. Newer ductless mini-split for heating/cooling. Partial Lk. Washington and Bellevue views from upper unit and Rainier to the south. Photos show view potential at approximately 35 feet. Steady rental history. Sold as is.

Listed by

Listing Agent - Jeff W. Smith

Listing Office - Windermere RE/Capitol Hill,Inc

Source: NWMLS

MLS#1075105 • last updated 1 year ago

Movoto checked NWMLS for data 3 minutes ago

Overview
Levels/Style	Duplex
MLS #	1075105
SubType	Multi-Family
Type	Residential Income
SqFt	1590
Status	Sold
Lot Size (SqFt)	2582
Lot Size (Acres)	0.0593
Property Tax	5826
Buying Office	Redfin Corp.
Year Built	1903
Buying Office Phone	206-258-6097
Condition	Average

Interior

Exterior
Foundation	Poured Concrete
Roof	Composition
# Open Parking Spaces	2
# Covered Spaces	2
# Parking Spaces	4
# Uncovered Spaces	2

Amenities / Utilities
Sewer/ Septic	Sewer Connected, City Of Seattle
Water	Public
Water Company	City Of Seattle
Power Company	Seattle City Light
Power Production: Type	Electric, Natural Gas
Security Features	FullyFenced

Location
County	King
Subdivision	Capitol Hill
Area	390 - Central Seattle
Elementary School	Buyer To Verify
Middle School	Buyer To Verify
High School District	Seattle
High School	Buyer To Verify
APN	1806900045
Directions	From 23rd Avenue Drive West On Thomas Street. Right At 18th Avenue East. Property Is On The NE Corner Of Thomas And 18th.
Zoning	Multi-Family

Multifamily Details
Net Operating Income	26386
Capitalization Rate	3.3
Expense: Insurance	910
Gross Scheduled Income	34800
Gross Adjusted Income	34800
Total Expenses	8414
Gross Rent Multiplier	23
Nwm_Totalmonthlyincome	2900

Lot/ Land Details
Site Features	Cable TV, Deck, Fenced-Partially, Gas Available, Patio

$1.09M

Range: $823K-$1.37M

Last 30 days

Rental est.: $1,184/month

• Gross rent multiplier: 58.1

Lower your payment with the loan terms that fit you.

Mar 2017
Public Records
Mar 31, 2017 Sold
$825,000
Mar 2017
MLS # 1075105
Mar 31, 2017 Sold
$825,000 (+3.1%)
Feb 5, 2017 Listed
$800,000

302 18th Ave E
$825K
Stevens
$1.09M -19% y/y
98112
$1.29M -10% y/y
Seattle
$679K -15% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
306 18th Ave E, Seattle, WA 98112	$1,300,000	3/1	1,750	0.01
310 18th Ave E, Seattle, WA 98112	$756,000	2/1	690	0.02
220 18th Ave E, Seattle, WA 98112	$989,000	4/1	1,660	0.02
1807 E Thomas St, Seattle, WA 98112	$958,000	1/1	1,200	0.02
316 18th Ave E, Seattle, WA 98112	$1,103,000	2/1	1,320	0.02
1811 E Thomas St, Seattle, WA 98112	$1,021,000	2/1	1,520	0.03
218 18th Ave E, Seattle, WA 98112	$1,071,000	3/1	1,100	0.03
317 Coryell Ct E, Seattle, WA 98112	$1,769,000	4/2	3,070	0.03

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