800 Queen Anne Avenue North
Seattle, WA 98109
$17,350,000
Price
41
Beds
52
Baths
34,018 Sq. Ft.
$510 / Sq. Ft.
34,018
Sq. Ft.
$510
per Sq. Ft.
Listing provided courtesy of Paragon Real Estate Advisors
Description
Amazing opportunity to acquire a 49 unit, fully renovated trophy asset with value-add opportunities. Built in 1958 and extensively renovated in 2019, the Val Anne offers highly sought after classic mid-century modern units. Great unit mix of Studio, 1BD, 2BD and 2 penthouse units. 19 units have views of the City Skyline and Puget Sound, in addition 9 units enjoy private balconies. The two Penthouse units are in a league of their own with sweeping views of the city and sound. This is an exceptional...Amazing opportunity to acquire a 49 unit, fully renovated trophy asset with value-add opportunities. Built in 1958 and extensively renovated in 2019, the Val Anne offers highly sought after classic mid-century modern units. Great unit mix of Studio, 1BD, 2BD and 2 penthouse units. 19 units have views of the City Skyline and Puget Sound, in addition 9 units enjoy private balconies. The two Penthouse units are in a league of their own with sweeping views of the city and sound. This is an exceptional opportunity for a new investor to acquire a top-quality investment that will continue to appreciate over time. Currently the rents are approximately 10% below market rates.
- Listed by Cathy Jeney • Paragon Real Estate Advisors
Property Details for 800 Queen Anne Avenue North
Community Name
Queen Anne
School DistrictSeattle
ViewBay, Canal, Lake
Number of Assigned Spaces30
Total Covered Parking0
Entry Date11-04-2024
Energy SourceElectric
SewerSewer Connected
LISTING UPDATED: 11/13/2024 12:14 PM
Property Details for 800 Queen Anne Avenue North
| Status | Active |
|---|---|
| MLS # | 2308053 |
| Days on Market | 17 |
| Cumulative Days on Market | 197 |
| Taxes | $122,078 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1958 |
| Lot Size | 0.41 AC / 18,000 SF |
| County | King County |
Building Information for 800 Queen Anne Avenue North
Stories5Residences49Year Built1958Building Size-Lot Size0.41 AC / 18,000 SF
Property Information for 800 Queen Anne Avenue North
Summary
Location and General Information
- Style: 56 - 10+ Units
- Site Features: Patio, Rooftop Deck
- Area: 700 - Queen Anne/Magnolia
- Directions: From I5S take exit 167 for Mercer St toward Seattle Center. Straight on Mercer. Right on Queen Anne Ave N. Straight on Queen Anne N. Property is on the right.
- Leased Items: None
- Property Sub Type: MULT
- View: Yes
- Waterfront: No
Taxes and HOA Information
- Tax Year: 2024
Parking
- Number of Carport Spaces: 0.0
- Carport: No
- Open Parking Spaces: 0.0
- Open Parking: No
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: Laminate, Vinyl
- Features: Laminate Hardwood
- Amenities: Coin Op Laundry,Elevator,Thermal Windows
- Cooling: No
- Cooling: None
- Fireplace: No
- Heating: Yes
- Heating: Baseboard
Exterior Features
- Exterior: Brick, Stone, Wood, Wood Products
- Roof: Flat
Property
Utilities
- Water/Sewer/Garbage: 46744
- Power Production Type: Electric
Property and Assessments
- New Construction YN: No
- Zoning Jurisdiction: County
- Foundation: Poured Concrete
- Zoning Class: Multi-Family
- 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
- Photos Count: 25
Lot Information
- Lot Size Source: KCR
- Parcel Number Free Text: 3879900165
- Building Condition: Remodeled
- Calculated Square Footage: 34018
- Structure Type: Multi Family
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 34018.0
- 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: 0
- Number of Stories in Building: 5
- Vacancy Rate: 3
- Number Of Units Total: 49
- Units Below Grade: false
- Units In Building Total: 49
Financing / Income and Expenses
- Electric Expense: $0
- Total Expenses: 321351
- Gross Adjusted Income: 1047367
- Gross Rent Multiplier: 14.52
- Gross Scheduled Income: $1,079,760
- Insurance Expense: $18,264
- Net Operating Income: $726,017
- Other Expenses: $134,265
- Total Monthly Income: 89980
- Fuel Expense: $0
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: 420
- Bedrooms Unit 1: 0
- Fireplaces Unit 1: 0
- Bathrooms Unit 1: 1
Unit 2
- Name Unit 2: 2
- Washer/Dryer Unit 2: false
- Range/Oven Unit 2: true
- Refrigerator Unit 2: true
- Dishwasher Unit 2: true
- Square Feet Unit 2: 420
- Bedrooms Unit 2: 0
- Fireplaces Unit 2: 0
- Bathrooms Unit 2: 1
Unit 3
- Name Unit 3: 3
- Washer/Dryer Unit 3: false
- Range/Oven Unit 3: true
- Refrigerator Unit 3: true
- Dishwasher Unit 3: true
- Square Feet Unit 3: 420
- Bedrooms Unit 3: 0
- Fireplaces Unit 3: 0
- Bathrooms Unit 3: 1
Unit 4
- Name Unit 4: 4
- Washer/Dryer Unit 4: false
- Range/Oven Unit 4: true
- Refrigerator Unit 4: true
- Dishwasher Unit 4: true
- Square Feet Unit 4: 420
- Bedrooms Unit 4: 0
- Fireplaces Unit 4: 0
- Bathrooms Unit 4: 1
Unit 5
- Name Unit 5: 5
- Washer/Dryer Unit 5: false
- Range/Oven Unit 5: true
- Refrigerator Unit 5: true
- Dishwasher Unit 5: true
- Square Feet Unit 5: 420
- Bedrooms Unit 5: 0
- Fireplaces Unit 5: 0
- Bathrooms Unit 5: 1
Unit 6
- Name Unit 6: 6
- Washer/Dryer Unit 6: false
- Range/Oven Unit 6: true
- Refrigerator Unit 6: true
- Dishwasher Unit 6: true
- Square Feet Unit 6: 420
- Bedrooms Unit 6: 0
- Fireplaces Unit 6: 0
- Bathrooms Unit 6: 1
Unit 7
- Name Unit 7: 7
- Washer/Dryer Unit 7: false
- Range/Oven Unit 7: true
- Refrigerator Unit 7: true
- Dishwasher Unit 7: true
- Square Feet Unit 7: 420
- Bedrooms Unit 7: 0
- Fireplaces Unit 7: 0
- Bathrooms Unit 7: 1
Unit 8
- Name Unit 8: 8
- Washer/Dryer Unit 8: false
- Range/Oven Unit 8: true
- Refrigerator Unit 8: true
- Dishwasher Unit 8: true
- Square Feet Unit 8: 420
- Bedrooms Unit 8: 0
- Fireplaces Unit 8: 0
- Bathrooms Unit 8: 1
Unit 9
- Name Unit 9: 9
- Washer/Dryer Unit 9: false
- Range/Oven Unit 9: true
- Refrigerator Unit 9: true
- Dishwasher Unit 9: true
- Square Feet Unit 9: 420
- Bedrooms Unit 9: 0
- Fireplaces Unit 9: 0
- Bathrooms Unit 9: 1
Unit 10
- Name Unit 10: 10
- Washer/Dryer Unit 10: false
- Range/Oven Unit 10: true
- Refrigerator Unit 10: true
- Dishwasher Unit 10: true
- Square Feet Unit 10: 420
- Bedrooms Unit 10: 0
- Fireplaces Unit 10: 0
- Bathrooms Unit 10: 1
Unit 11
- Name Unit 11: 11
- Washer/Dryer Unit 11: false
- Range/Oven Unit 11: true
- Refrigerator Unit 11: true
- Dishwasher Unit 11: true
- Square Feet Unit 11: 420
- Bedrooms Unit 11: 0
- Fireplaces Unit 11: 0
- Bathrooms Unit 11: 1
Unit 12
- Name Unit 12: 12
- Washer/Dryer Unit 12: false
- Range/Oven Unit 12: true
- Refrigerator Unit 12: true
- Dishwasher Unit 12: true
- Square Feet Unit 12: 420
- Bedrooms Unit 12: 0
- Fireplaces Unit 12: 0
- Bathrooms Unit 12: 1
Unit 13
- Name Unit 13: 13
- Washer/Dryer Unit 13: false
- Range/Oven Unit 13: true
- Refrigerator Unit 13: true
- Dishwasher Unit 13: true
- Square Feet Unit 13: 420
- Bedrooms Unit 13: 0
- Fireplaces Unit 13: 0
- Bathrooms Unit 13: 1
Unit 14
- Name Unit 14: 14
- Washer/Dryer Unit 14: false
- Range/Oven Unit 14: true
- Refrigerator Unit 14: true
- Dishwasher Unit 14: true
- Square Feet Unit 14: 674
- Bedrooms Unit 14: 1
- Fireplaces Unit 14: 0
- Bathrooms Unit 14: 1
Unit 15
- Name Unit 15: 15
- Washer/Dryer Unit 15: false
- Range/Oven Unit 15: true
- Refrigerator Unit 15: true
- Dishwasher Unit 15: true
- Square Feet Unit 15: 674
- Bedrooms Unit 15: 1
- Fireplaces Unit 15: 0
- Bathrooms Unit 15: 1
Unit 16
- Name Unit 16: 16
- Washer/Dryer Unit 16: false
- Range/Oven Unit 16: true
- Refrigerator Unit 16: true
- Dishwasher Unit 16: true
- Square Feet Unit 16: 674
- Bedrooms Unit 16: 1
- Fireplaces Unit 16: 0
- Bathrooms Unit 16: 1
Unit 17
- Name Unit 17: 17
- Washer/Dryer Unit 17: false
- Range/Oven Unit 17: true
- Refrigerator Unit 17: true
- Dishwasher Unit 17: true
- Square Feet Unit 17: 674
- Bedrooms Unit 17: 1
- Fireplaces Unit 17: 0
- Bathrooms Unit 17: 1
Unit 18
- Name Unit 18: 18
- Washer/Dryer Unit 18: false
- Range/Oven Unit 18: true
- Refrigerator Unit 18: true
- Dishwasher Unit 18: true
- Square Feet Unit 18: 674
- Bedrooms Unit 18: 1
- Fireplaces Unit 18: 0
- Bathrooms Unit 18: 1
Unit 19
- Name Unit 19: 19
- Washer/Dryer Unit 19: false
- Range/Oven Unit 19: true
- Refrigerator Unit 19: true
- Dishwasher Unit 19: true
- Square Feet Unit 19: 674
- Bedrooms Unit 19: 1
- Fireplaces Unit 19: 0
- Bathrooms Unit 19: 1
Unit 20
- Name Unit 20: 20
- Washer/Dryer Unit 20: false
- Range/Oven Unit 20: true
- Refrigerator Unit 20: true
- Dishwasher Unit 20: true
- Square Feet Unit 20: 674
- Bedrooms Unit 20: 1
- Fireplaces Unit 20: 0
- Bathrooms Unit 20: 1
Unit 21
- Name Unit 21: 21
- Washer/Dryer Unit 21: false
- Range/Oven Unit 21: true
- Refrigerator Unit 21: true
- Dishwasher Unit 21: true
- Square Feet Unit 21: 674
- Bedrooms Unit 21: 1
- Fireplaces Unit 21: 0
- Bathrooms Unit 21: 1
Unit 22
- Name Unit 22: 22
- Washer/Dryer Unit 22: false
- Range/Oven Unit 22: true
- Refrigerator Unit 22: true
- Dishwasher Unit 22: true
- Square Feet Unit 22: 674
- Bedrooms Unit 22: 1
- Fireplaces Unit 22: 0
- Bathrooms Unit 22: 1
Unit 23
- Name Unit 23: 23
- Washer/Dryer Unit 23: false
- Range/Oven Unit 23: true
- Refrigerator Unit 23: true
- Dishwasher Unit 23: true
- Square Feet Unit 23: 674
- Bedrooms Unit 23: 1
- Fireplaces Unit 23: 0
- Bathrooms Unit 23: 1
Unit 24
- Name Unit 24: 24
- Washer/Dryer Unit 24: false
- Range/Oven Unit 24: true
- Refrigerator Unit 24: true
- Dishwasher Unit 24: true
- Square Feet Unit 24: 674
- Bedrooms Unit 24: 1
- Fireplaces Unit 24: 0
- Bathrooms Unit 24: 1
Unit 25
- Name Unit 25: 25
- Washer/Dryer Unit 25: false
- Range/Oven Unit 25: true
- Refrigerator Unit 25: true
- Dishwasher Unit 25: true
- Square Feet Unit 25: 674
- Bedrooms Unit 25: 1
- Fireplaces Unit 25: 0
- Bathrooms Unit 25: 1
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 29709.0
- Leasable Area Units: Square Feet
Property History for 800 Queen Anne Avenue North
| 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 800 Queen Anne Avenue North
Taxable ValueLand$7,650,000Additions$6,457,000Total$14,107,000
Tax Record2022$117,940 ($9,828 / month)
Home Facts
Total Finished SqFt34,692 SqFtAbove Ground SqFt34,692 SqFtStories4Lot Size18,000 SqFtStyleMulti-Family Res (5+ Units)Year Built1958Year Renovated1988ZoningMR (M)CountyKINGAPN387990-0165
Schools near 800 Queen Anne Avenue North
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 - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Hay Elementary School PublicK to 5 | ||
Mcclure Middle School Public6 to 8 | ||
Lincoln High School Public9 to 12 | ||
The Center 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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Listing Courtesy of Paragon Real Estate Advisors
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.
