311 Northwest 48th Street
Seattle, WA 98107
$1,050,000
Price
4
Beds
2
Baths
1,700 Sq. Ft.
$618 / Sq. Ft.
1,700
Sq. Ft.
$618
per Sq. Ft.
Listing provided courtesy of Windermere RE/Capitol Hill,Inc
Description
Discover your dream home in Phinney Ridge! This residence boasts turn-key living with plenty of opportunity: with 4 spacious beds, permitted ADU, detached garage, & tasteful updates throughout. Live luxuriously across the expansive single-family residence, occupy one unit while renting the other, or rent out both spaces for passive income year-round. The upper floor captivates with its gleaming hardwood floors, inviting fireplace & updated kitchen. The lower level features new carpeting & elegant...Discover your dream home in Phinney Ridge! This residence boasts turn-key living with plenty of opportunity: with 4 spacious beds, permitted ADU, detached garage, & tasteful updates throughout. Live luxuriously across the expansive single-family residence, occupy one unit while renting the other, or rent out both spaces for passive income year-round. The upper floor captivates with its gleaming hardwood floors, inviting fireplace & updated kitchen. The lower level features new carpeting & elegant wood-wrapped windows that add a touch of sophistication. Multiple outdoor patios provide a relaxing backdrop for entertaining or enjoying meals al fresco this Summer. This home isn’t just a place to live, it’s a place to thrive. Don’t miss out!
- Listed by Michael Witt • Windermere RE/Capitol Hill,Inc
- Listed by Dustin Van Wyck • Windermere RE/Capitol Hill,Inc
Property Details for 311 Northwest 48th Street
Community Name
Phinney Ridge
School DistrictSeattle
ViewTerritorial
Number of Assigned Spaces2
Total Covered Parking1
Entry Date06-19-2024
Energy SourceElectric,Oil
SewerSewer Connected
LISTING UPDATED: 11/14/2024 02:10 PM
Property Details for 311 Northwest 48th Street
| Status | Active |
|---|---|
| MLS # | 2255016 |
| Days on Market | 155 |
| Cumulative Days on Market | 155 |
| Taxes | $7,478 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1940 |
| Lot Size | 0.09 AC / 3,880 SF |
| County | King County |
Building Information for 311 Northwest 48th Street
Stories2Residences2Year Built1940Building Size-Lot Size0.09 AC / 3,880 SF
Property Information for 311 Northwest 48th Street
Summary
Location and General Information
- Style: 52 - Duplex
- Site Features: Cable TV, Fenced-Partially, Gas Available, High Speed Internet, Patio
- Area: 705 - Ballard/Greenlake
- Directions: Heading North on 3rd Ave NW turn Left and head (West) on NW 48th. Home is on your left.
- Leased Items: None
- Property Sub Type: MULT
- View: Yes
- Waterfront: No
Taxes and HOA Information
- Tax Year: 2023
Parking
- Number of Carport Spaces: 0.0
- Carport: No
- Open Parking Spaces: 1.0
- 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
- Floor Covering: Ceramic Tile, Hardwood, Carpet
- Features: Ceramic Tile, Hardwood, Wall to Wall Carpet
- Cooling: No
- Cooling: None
- Fireplace: No
- Heating: Yes
- Heating: Forced Air, Wall Unit(s)
- FIRPTA: No
Exterior Features
- Exterior: Wood, Wood Products
- Roof: Composition
- Security Features: FullyFenced
Property
Utilities
- Water Source: Public
- Water/Sewer/Garbage: 1800
- Power Production Type: Electric, Oil
Property and Assessments
- New Construction YN: No
- Foundation: Poured Concrete
- First Right Of Refusal: false
- Letter On File: Duplicate Prop Type
- MLS Square Footage Source: KCR
- Preliminary Title Ordered: Yes
- Senior Community: No
- Special Listing Conditions: None
- Photos Count: 33
Lot Information
- Lot Details: Curbs, Paved, Sidewalk
- Lot Size Source: KCR
- Parcel Number Free Text: 1982200460
- Calculated Square Footage: 1700
- Structure Type: Duplex
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 1700.0
- Building Area Units: Square Feet
- Property Type: Residential Income
- Elevation Units: Feet
- Irrigation Water Rights: No
Multi Family
Building Details
- Number of Uncovered Spaces: 1
- Number of Stories in Building: 2
- Vacancy Rate: 0
- Number Of Units Total: 2
- Units Below Grade: true
- Units In Building Total: 2
Financing / Income and Expenses
- Electric Expense: $1,200
- Total Expenses: 13478
- Gross Adjusted Income: 61200
- Gross Rent Multiplier: 0
- Gross Scheduled Income: $61,200
- Insurance Expense: $2,000
- Net Operating Income: $47,722
- Other Expenses: $0
- Total Monthly Income: 5100
- Fuel Expense: $1,000
Unit 1
- Washer/Dryer Unit 1: true
- Range/Oven Unit 1: true
- Refrigerator Unit 1: true
- Dishwasher Unit 1: true
- Square Feet Unit 1: 850
- Rent Unit 1: $2,300.00
- Bedrooms Unit 1: 2
- Fireplaces Unit 1: 0
- Bathrooms Unit 1: 1
Unit 2
- Washer/Dryer Unit 2: true
- Range/Oven Unit 2: true
- Refrigerator Unit 2: true
- Dishwasher Unit 2: true
- Square Feet Unit 2: 850
- Rent Unit 2: $2,800.00
- Bedrooms Unit 2: 2
- Fireplaces Unit 2: 1
- Bathrooms Unit 2: 1
Rental
Rent Information
- Occupant Type: Vacant
- Leasable Area: 1700.0
- Leasable Area Units: Square Feet
Property History for 311 Northwest 48th 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 311 Northwest 48th Street
Taxable ValueLand$433,000Additions$425,000Total$858,000
Tax Record2022$7,478 ($623 / month)
Home Facts
Beds4Baths2Total Finished SqFt2,550 SqFtAbove Ground SqFt1,700 SqFtFinished Basement SqFt850 SqFtStories1Lot Size3,880 SqFtStyleSingle Family ResidenceYear Built1940ZoningNR3CountyKINGAPN198220-0460Fireplace TypeHas Fireplace
Schools near 311 Northwest 48th Street
This home is within Seattle Public Schools.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | K to 8 |
Rating | School | Distance |
|---|---|---|
B F Day Elementary School PublicPK to 5 | ||
Hamilton International Middle School Public6 to 8 | ||
Lincoln High School Public9 to 12 | ||
Cascade Parent Partnership Program PublicK to 8 |
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 Windermere RE/Capitol Hill,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.
