3206 16th Avenue West

Seattle, WA 98119

$1,500,000
Price
3
Beds
2
Baths
2,980 Sq. Ft.
$503 / Sq. Ft.
2,980
Sq. Ft.
$503
per Sq. Ft.

Description

Situated in the thriving Dravus Corridor of Seattle’s Interbay neighborhood, this property offers both new and experienced investors a prime opportunity to own in a highly sought-after location with significant future development potential.Situated in the thriving Dravus Corridor of Seattle’s Interbay neighborhood, this property offers both new and experienced investors a prime opportunity to own in a highly sought-after location with significant future development potential.
  1. Listed by Alan Wileman • Pacific Crest
  2. Listed by Alfred Anderson • Pacific Crest

Property Details for 3206 16th Avenue West

Community Name
Interbay
School District
Seattle
Number of Assigned Spaces
4
Total Covered Parking
0
Entry Date
09-18-2024
Energy Source
Electric
Sewer
Sewer Connected
LISTING UPDATED: 11/13/2024 01:23 PM

Property Details for 3206 16th Avenue West

StatusActive
MLS #2292578
Days on Market64
Cumulative Days on Market64
Taxes$11,895 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1935
Lot Size0.10 AC / 4,569 SF
CountyKing County

Building Information for 3206 16th Avenue West

Stories2Residences2Year Built1935Building Size-Lot Size0.10 AC / 4,569 SF

Property Information for 3206 16th Avenue West

Summary
Location and General Information
  • Style: 52 - Duplex
  • Area: 700 - Queen Anne/Magnolia
  • Block: 23
  • Elementary School: Magnolia Elementary
  • Middle Or Junior School: Mc Clure Mid
  • High School: Ballard High
  • Effective Year Built Source: Public Records
  • Directions: North on I-5, exit West Denny, Turn right to Western Ave W, Continue to Elliott Ave W, Continue to 15th Ave W, left to W Dravus St, right at the 2nd cross street to 16th Ave, destination is on right.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2023
  • Additional Tax Ids: 277060-3060
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 4.0
  • 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: See Remarks
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Other – See Remarks
  • FIRPTA: No
Exterior Features
  • Exterior: Wood
  • Roof: Composition
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 2266
  • Power Company: Puget Sound Energy
  • Sewer Company: Seattle Public Utilities
  • Water Company: Seattle Public Utilities
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • Zoning Class: Multi-Family
  • First Right Of Refusal: false
  • Possible Use: Multi-Family
  • MLS Square Footage Source: Public Records
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1983
  • Photos Count: 8
Lot Information
  • Lot Number: 11
  • Lot Size Source: Public Records
  • Parcel Number Free Text: 2770603060
  • Building Condition: Good
  • Calculated Square Footage: 2980
  • Structure Type: Duplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 2980.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 4
  • Number of Stories in Building: 2
  • Vacancy Rate: 4
  • Number Of Units Total: 2
  • Units Below Grade: false
  • Units In Building Total: 2
Financing / Income and Expenses
  • Electric Expense: $497
  • Total Expenses: 23164
  • Gross Adjusted Income: 56655
  • Gross Rent Multiplier: 25.41
  • Gross Scheduled Income: $59,016
  • Insurance Expense: $4,464
  • Net Operating Income: $33,491
  • Other Expenses: $0
  • Total Monthly Income: 4918
  • Fuel Expense: $4,042
Unit 1
  • Name Unit 1: 1
  • Washer/Dryer Unit 1: false
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 800
  • Rent Unit 1: $1,575.00
  • Bedrooms Unit 1: 1
  • Fireplaces Unit 1: 1
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 1
  • Washer/Dryer Unit 2: false
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 2180
  • Rent Unit 2: $2,495.00
  • Bedrooms Unit 2: 2
  • Fireplaces Unit 2: 1
  • Bathrooms Unit 2: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 2980.0
  • Leasable Area Units: Square Feet

Property History for 3206 16th Avenue West

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3206 16th Avenue West

Taxable ValueLand$1,256,400Additions$1,000Total$1,257,400
Tax Record2022$10,773 ($898 / month)
Home Facts
Total Finished SqFt2,980 SqFtAbove Ground SqFt2,980 SqFtStories2Lot Size4,569 SqFtStyleOffice BuildingYear Built1935Year Renovated1983ZoningSM-D 95 (M)CountyKINGAPN277060-3060

Schools near 3206 16th Avenue West

This home is within Seattle Public Schools.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 12
Rating
School
Distance
Magnolia Elementary School
PublicK to 5

Mcclure Middle School
Public6 to 8

Ballard High School
Public9 to 12

Residential Consortium
PublicPK 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.

Similar Homes

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3206 16th Avenue West is a multi-family home for sale in Seattle, WA 98119. This property was listed for sale on September 18, 2024 by Pacific Crest, it's currently listed at $1,500,000. It has been on the market for a total of 64 days and was last sold on September 25, 2015. This listing's school district is Seattle Public Schools. Nearby schools include Magnolia Elementary School, Mcclure Middle School and Ballard High School. 3206 16th Avenue West is a 3-bed, 2-bath, 2,980 sqft multi-family home built in 1935.

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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Pacific Crest

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.