7228 Northeast Bothell Way
7228 Northeast Bothell Way
Kenmore, WA 98028
$1,990,000
Price
—
Beds
3,054 Sq. Ft.
$652 / Sq. Ft.
3,054
Sq. Ft.
$652
per Sq. Ft.
Listing provided courtesy of Rhino Roz Realty
Description
Opportunity to develop prime mixed-use property to it’s highest and best use with downtown commercial zoning. Level rectangle-shaped lot offers for flexible site plan. Currently, property has 6 units (2 commercial, 4 residential). Close to Lake Washington Waterfront. Great exposure off of Bothell Way located between I-5 and 405 with access to both the east and west sides of the greater Seattle area. No critical areas mapped or known of. Zoning updates from the City of Kenmore in early 2023 has doubled...Opportunity to develop prime mixed-use property to it’s highest and best use with downtown commercial zoning. Level rectangle-shaped lot offers for flexible site plan. Currently, property has 6 units (2 commercial, 4 residential). Close to Lake Washington Waterfront. Great exposure off of Bothell Way located between I-5 and 405 with access to both the east and west sides of the greater Seattle area. No critical areas mapped or known of. Zoning updates from the City of Kenmore in early 2023 has doubled the amount of units this lot was previously allowed. Minimum density for this lot is 32 units. Maximum density for this lot size is 79 units which is $25,000 per door.
- Listed by Amy Towillis • Rhino Roz Realty
Property Details for 7228 Northeast Bothell Way
Community Name
Kenmore
School DistrictNorthshore
Number of Assigned Spaces10
Total Covered Parking0
Entry Date05-18-2024
Energy SourceElectric
SewerSewer Connected
Location
Listing Courtesy of Rhino Roz Realty![]()
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LISTING UPDATED: 05/23/2024 11:56 PM
Property Details for 7228 Northeast Bothell Way
| Status | Active |
|---|---|
| MLS # | 2240132 |
| Days on Market | 15 |
| Cumulative Days on Market | 15 |
| Taxes | $10,584 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1938 |
| Lot Size | 0.53 AC / 23,172 SF |
| County | King County |
Location
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Building Information for 7228 Northeast Bothell Way
Stories2Residences-Year Built1938Building Size-Lot Size0.53 AC / 23,172 SF
Payment Calculator
$11,742 per month
30 year fixed, 7.25% Interest
Principal and Interest
$10,860
Property Taxes
$882
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 7228 Northeast Bothell Way
Summary
Location and General Information
- Style: 55 - 5-9 Units
- Area: 610 - Southeast Snohomish
- Block: 12
- Effective Year Built Source: Public Records
- Directions: East on WA-522 past 68th Ave, on the north side of the street
- Leased Items: None
- Property Sub Type: MULT
- View: No
- Waterfront: No
Taxes and HOA Information
- Tax Year: 2023
- Additional Tax Ids: 0114100673
Parking
- Number of Carport Spaces: 4.0
- Carport: No
- Open Parking Spaces: 6.0
- Open Parking: Yes
Virtual Tour
- Virtual Tour URL Unbranded: https://rhinoroz.com/kenmore/
- Virtual Tour URL Description: Property Website
Interior and Exterior Features
Bathroom Information
- Full Baths Upper: 0
- Three Quarter Baths Upper: 0
- Half Baths Upper: 0
- Main Level Bathrooms: 0
Bedroom Information
- Bedrooms Upper: 0
- Bedrooms Possible: 0
Interior Features
- Fireplaces Total: 0
- Floor Covering: Softwood, Vinyl, Carpet
- Features: Fir/Softwood, Wall to Wall Carpet
- Cooling: No
- Cooling: None
- Fireplace: No
- Heating: Yes
- Heating: Forced Air
Exterior Features
- Exterior: Wood
- Roof: Composition, Flat
Property
Utilities
- Water Source: Individual Well, Public
- Water/Sewer/Garbage: 3883
- Power Production Type: Electric
Property and Assessments
- New Construction YN: No
- Zoning Jurisdiction: City
- Foundation: Poured Concrete
- Zoning Class: Commercial,Multi-Family,Residential,Retail,See Remarks
- First Right Of Refusal: false
- Possible Use: Commercial, Multi-Family, Residential, Retail, See Remarks
- MLS Square Footage Source: KCR
- Preliminary Title Ordered: Yes
- Senior Community: No
- Special Listing Conditions: None
- Year Built Effective: 1975
- Photos Count: 8
Lot Information
- Lot Size Dimensions: 94x247
- Lot Number: 12
- Lot Size Source: KCR
- Parcel Number Free Text: 0114100673
- Building Condition: Fair
- Calculated Square Footage: 3054
- Structure Type: Multi Family
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 3054.0
- Building Area Units: Square Feet
- Property Type: Residential Income
- Elevation Units: Feet
- Irrigation Water Rights: No
Multi Family
Building Details
- Number of Uncovered Spaces: 6
- Number of Stories in Building: 2
- Vacancy Rate: 0
- Number Of Units Total: 0
- Units Below Grade: true
- Units In Building Total: 6
Financing / Income and Expenses
- Electric Expense: $368
- Total Expenses: 19778
- Gross Adjusted Income: 0
- Gross Rent Multiplier: 0
- Gross Scheduled Income: $101,542
- Insurance Expense: $4,943
- Net Operating Income: $0
- Other Expenses: $0
- Total Monthly Income: 8462
- Fuel Expense: $0
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 3054.0
- Leasable Area Units: Square Feet
Property History for 7228 Northeast Bothell Way
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 7228 Northeast Bothell Way
This home is within Northshore School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Kenmore Elementary School PublicPK to 5 | ||
Kenmore Middle School Public6 to 8 | ||
Inglemoor High School Public9 to 12 | ||
Northshore Online School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Rhino Roz Realty
Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.