12602 Northeast 118th Street
Kirkland, WA 98034
$1,800,000
Price
8
Beds
4
Baths
3,328 Sq. Ft.
$541 / Sq. Ft.
3,328
Sq. Ft.
$541
per Sq. Ft.
New
New
Listing provided courtesy of Skyline Properties, Inc.
Description
Excellent Kirkland 4-plex in Totem Lake Area, updated and fully occupied. Stucco & brick exterior, 2 bedroom 1 bath units with washer/dryer, decks. HOA handles grounds keeping and garbage removal. The 4-plex is one of 12 separate 4-plexes that make up Totem Firs Apartment complex. Each building owned separately. HOA dues of $500/Mo. and pays for the landscaping, trash removal, and common area maintenance. 2 year old roof, new paint. Close to shopping, freeway access and restaurants. Great low maintenance...Excellent Kirkland 4-plex in Totem Lake Area, updated and fully occupied. Stucco & brick exterior, 2 bedroom 1 bath units with washer/dryer, decks. HOA handles grounds keeping and garbage removal. The 4-plex is one of 12 separate 4-plexes that make up Totem Firs Apartment complex. Each building owned separately. HOA dues of $500/Mo. and pays for the landscaping, trash removal, and common area maintenance. 2 year old roof, new paint. Close to shopping, freeway access and restaurants. Great low maintenance investment. Please do not disturb tenants.
- Listed by Fred Grunewald • Skyline Properties, Inc.
Property Details for 12602 Northeast 118th Street
Community Name
Totem Lake
School DistrictLake Washington
Number of Assigned Spaces7
Total Covered Parking0
Entry Date09-19-2024
Energy SourceElectric
SewerSewer Connected
LISTING UPDATED: 09/19/2024 10:24 AM
Property Details for 12602 Northeast 118th Street
| Status | Active |
|---|---|
| MLS # | 2279947 |
| Days on Market | Listed Today |
| Cumulative Days on Market | 0 |
| Taxes | $10,979 / year |
| HOA Fees | $300 / month |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1979 |
| Lot Size | 0.18 AC / 7,840 SF |
| County | King County |
Building Information for 12602 Northeast 118th Street
Stories2Residences4Year Built1979Building Size-Lot Size0.18 AC / 7,840 SF
Property Information for 12602 Northeast 118th Street
Summary
Location and General Information
- Style: 54 - 4-Plex
- Area: 600 - Juanita/Woodinville
- Effective Year Built Source: Public Records
- Directions: GPS friendly- First 4plex on left at Totem Firs complex.
- Leased Items: None
- Property Sub Type: MULT
- View: No
- Waterfront: No
Taxes and HOA Information
- Tax Year: 2024
Parking
- Number of Carport Spaces: 0.0
- Carport: No
- Open Parking Spaces: 7.0
- Open Parking: Yes
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
- Amenities: Thermal Windows
- Cooling: No
- Cooling: None
- Fireplace: No
- Heating: Yes
- Heating: Baseboard
- FIRPTA: No
Exterior Features
- Exterior: Brick, Stucco, Wood
- Roof: Composition
Property
Utilities
- Water Source: Public
- Water/Sewer/Garbage: 3000
- Power Company: PSE
- Sewer Company: Northshore
- Water Company: Public
- Power Production Type: Electric
Property and Assessments
- New Construction YN: No
- Zoning Jurisdiction: City
- Foundation: Poured Concrete
- Zoning Class: Multi-Family
- Construction Methods: Standard Frame
- First Right Of Refusal: false
- Possible Use: Multi-Family
- MLS Square Footage Source: kcr
- Preliminary Title Ordered: Yes
- Senior Community: No
- Special Listing Conditions: None
- Year Built Effective: 1979
- Photos Count: 37
Lot Information
- Lot Details: Cul-De-Sac
- Lot Number: 1
- Lot Size Source: kcr
- Parcel Number Free Text: 2826059199
- Building Condition: Good
- Calculated Square Footage: 3328
- Structure Type: Quadruplex
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 3328.0
- Building Area Units: Square Feet
- Property Type: Residential Income
- Elevation Units: Feet
- Irrigation Water Rights: No
- Green Energy Efficient: Thermal Windows
Multi Family
Building Details
- Number of Uncovered Spaces: 7
- Number of Stories in Building: 2
- Vacancy Rate: 1
- Number Of Units Total: 4
- Units Below Grade: false
- Units In Building Total: 4
Financing / Income and Expenses
- Electric Expense: $200
- Total Expenses: 21571
- Gross Adjusted Income: 97100
- Gross Rent Multiplier: 18
- Gross Scheduled Income: $98,000
- Insurance Expense: $1,392
- Net Operating Income: $75,529
- Other Expenses: $6,000
- Total Monthly Income: 8000
- Fuel Expense: $0
Unit 1
- Name Unit 1: #4
- Washer/Dryer Unit 1: true
- Range/Oven Unit 1: true
- Refrigerator Unit 1: true
- Dishwasher Unit 1: true
- Square Feet Unit 1: 832
- Rent Unit 1: $2,000.00
- Bedrooms Unit 1: 2
- Fireplaces Unit 1: 1
- Bathrooms Unit 1: 1
Unit 2
- Name Unit 2: #3
- Washer/Dryer Unit 2: true
- Range/Oven Unit 2: true
- Refrigerator Unit 2: true
- Dishwasher Unit 2: true
- Square Feet Unit 2: 832
- Rent Unit 2: $2,000.00
- Bedrooms Unit 2: 2
- Fireplaces Unit 2: 1
- Bathrooms Unit 2: 1
Unit 3
- Name Unit 3: #2
- Washer/Dryer Unit 3: true
- Range/Oven Unit 3: true
- Refrigerator Unit 3: true
- Dishwasher Unit 3: true
- Square Feet Unit 3: 832
- Rent Unit 3: $2,000.00
- Bedrooms Unit 3: 2
- Fireplaces Unit 3: 1
- Bathrooms Unit 3: 1
Unit 4
- Name Unit 4: #1
- Washer/Dryer Unit 4: true
- Range/Oven Unit 4: true
- Refrigerator Unit 4: true
- Dishwasher Unit 4: true
- Square Feet Unit 4: 832
- Rent Unit 4: $2,000.00
- Bedrooms Unit 4: 2
- Fireplaces Unit 4: 1
- Bathrooms Unit 4: 1
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 3328.0
- Leasable Area Units: Square Feet
Property History for 12602 Northeast 118th Street
| 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.
Public Records for 12602 Northeast 118th Street
Taxable ValueLand$274,400Additions$1,019,600Total$1,294,000
Tax Record2022$9,930 ($827 / month)
Home Facts
Total Finished SqFt3,328 SqFtAbove Ground SqFt3,328 SqFtStories2Lot Size7,840 SqFtStyleMulti-Family Dwelling (2-4)Year Built1979Year Renovated2000ZoningRM 1.8CountyKINGAPN282605-9199Fireplace TypeHas Fireplace
Schools near 12602 Northeast 118th Street
This home is within Lake Washington School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Robert Frost Elementary School PublicK to 5 | ||
Kamiakin Middle School Public6 to 8 | ||
Juanita High School Public9 to 12 | ||
Washington Network Of Innovative Careers 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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Listing Courtesy of Skyline Properties, Inc.
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.
