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770 N 73rd St, Seattle, WA 98103

$2,976,764
Last sold 11/13/2012 for $1.26M
—
bed
—
bath
6,497
Sqft ($194/Sqft)

House not for sale

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About 770 N 73rd St

Property type House

Neighborhood

Year built 1968

HOA fee $0/month

Lot size 6,180 Sqft

Movoto estimate

Property description

Excellent location, only 1.5 blocks from Green Lake. Units feature a balcony/patio and offer views. Tasteful and easy to maintain landscaping, off-street parking for 7. New roof in 2002 and new hot water tanks in 2008. The studio apartment is a non-conforming unit, however it appears to be an excellent candidate for legalization. This property offers an investor the opportunity to purchase a stabilized, turn-key building with upside potential in one of Seattle’s most desirable rental markets.

Listed by

Listing Agent - Ryan Iles

Listing Office - Paragon Real Estate Advisors

Source: NWMLS

MLS#387336 • last updated 1 year ago

Movoto checked NWMLS for data 9 minutes ago

Overview
Levels/Style	Multi Family
MLS #	387336
SubType	Multi-Family
Type	Residential Income
SqFt	6497
Status	Sold
Lot Size (SqFt)	6180
Lot Size (Acres)	0.1419
Property Tax	12854
Buying Office	Paragon Real Estate Advisors
Year Built	1968
Buying Office Phone	206-623-8880

Exterior
Roof	Flat
# Open Parking Spaces	7
# Parking Spaces	7
# Uncovered Spaces	7
Exterior Features	Stucco

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

Location
County	King
Subdivision	Fremont
Area	_705BallardGreenlak
High School District	Seattle
APN	3362400665
Zoning	Multi-Family

Multifamily Details
Net Operating Income	63164
Capitalization Rate	4.86
Expense: Insurance	2400
Gross Scheduled Income	103320
Expense: Other	10463
Gross Adjusted Income	99187
Total Expenses	36023
Gross Rent Multiplier	12
Nwm_Totalmonthlyincome	8610
Vacancy Rate	4

$2.97M

Range: $2.67M-$3.27M

Last 30 days

Rental est.: $805/month

• Gross rent multiplier: 130.9

Lower your payment with the loan terms that fit you.

Nov 2012
Public Records
Nov 13, 2012 Sold
$1,261,766 (-0.1%)
Nov 2012
MLS # 387336
Nov 13, 2012 Sold
$1,263,566 (-2.8%)
Jul 27, 2012 Listed
$1,300,000 (+4.8%)
Jul 2005
Public Records
Jul 1, 2005 Sold
$1,240,000

Year Property taxes Tax assessment
2024
$23,996 +12.9%

$2,516,000 +0.84%
2023
$21,251 -4.1%

$2,495,000 +3.83%
2022
$22,156 -10.9%

$2,403,000 -6.75%
2021
$24,872

$2,577,000

770 N 73rd St
$1.26M
Phinney Ridge
$559K -13% y/y
98103
$749K -11% y/y
Seattle
$680K -12% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
766 N 73rd St, Seattle, WA 98103	$1,074,000	3/1	1,310	0.01
762 N 73rd St, Seattle, WA 98103	$1,578,000	3/3	2,900	0.02
758 N 73rd St, Seattle, WA 98103	$1,530,000	3/2	3,160	0.03
767 N 74th St, Seattle, WA 98103	$929,000	2/1	1,030	0.03
756 N 73rd St, Seattle, WA 98103	$1,540,000	3/1	2,520	0.03
761 N 74th St, Seattle, WA 98103	$746,000	2/1	890	0.03
761 N 73rd St, Seattle, WA 98103	$1,815,000	4/2	3,030	0.03
752 N 73rd St, Seattle, WA 98103	$1,588,000	3/2	1,900	0.04

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