Listed by Northmarq Multifamily, LLC, Bought with Windermere Real Estate Central
$2,700,000
SOLD MAY 24, 2024

12333 33rd Ave NE Seattle, WA 98125

Lake City Neighborhood
-- Bed
-- Bath
10,986 Sq Ft
10,018 Sq Ft Lot

Recently Sold

$246 Per Sq Ft

3% Below List Price

82 Days on Market

Highlights

  • Deck
  • No HOA
  • Patio
  • John Rogers Elementary School Rated A-
  • Forced Air Heating and Cooling System
  • 3-minute walk to Lake City Mini Park

About This Home

As of May 2024

Maria Manor is a prime investment opportunity in the heart of Lake City. Built in 1967, this partially renovated asset is strategically located just off Lake City Way, with value-add potential for investors. Maria Manor’s location ensures easy access to public transit and surrounding retail, with Northgate Station just 2.5 miles away. With a total of 11 units, Maria Manor boasts 6 units that have already undergone full renovations, setting the stage for enhanced rental income potential. Situated on a 0.23-acre LR3 (M) zoned lot, this property offers a mix of 1- and 2-bedroom units, totaling a NRSF of 9,580. Savvy investors can capitalize on the remaining 5 unrenovated units, unlocking a 13% increase in gross potential rent.

Last Agent to Sell the Property

Matt Johnston

Northmarq Multifamily, LLC License #135732

Co-Listed By

Steve Fischer

Northmarq Multifamily, LLC License #87455

Last Buyer's Agent

Rolan Eleazar

Windermere Real Estate Central License #128923

Windermere Real Estate Central

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2190425

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $23,288

Year Built

  • Built in 1967

Lot Details

  • 10,018 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Flat Roof Shape
  • Wood Siding
  • Cement Board or Planked

Interior Spaces

  • 10,986 Sq Ft Home
  • 3-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 6 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Maria Manor Condos
  • Lake City Subdivision

Listing and Financial Details

  • Assessor Parcel Number 8822900415

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$23,288

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1967
  • Buyer Agency Compensation: 2.0
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Maria Manor
  • New Construction: No
  • CalculatedSquareFootage: 10986
  • Special Features: None
  • Cumulative Days on Market: 378

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: Coin Op Laundry,Storage

Exterior Features

  • Roof: Flat
  • View: No
  • Waterfront: No
  • Exterior Features: Cement Planked, Wood
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 6
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 6

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Cooling: Forced Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes
  • WaterSewerGarbage: 21719

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 8822900415
  • Lot Size Acres: 0.23
  • Lot Size Sq Ft: 10018
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,High Speed Internet,Patio
  • MLSLotSizeSource: County
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 11.59
  • LeasedItems: None
  • TotalMonthlyIncome: 21948

Multi Family

  • Gross Scheduled Income: 263381
  • Net Operating Income: 170176
  • Number Of Units Total: 11
  • Insurance Expense: 5297
  • Leasable Area: 10986
  • EnergySource: Electric
  • UnitsInBuildingTotal: 11
  • UnitsBelowGrade: true
  • VacancyRate: 5

Tax Info

  • Year: 2023
  • Tax Annual Amount: 23288

Map

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2024 05/24/24 Sold $2,700,000 -3.4% $246 / Sq Ft
04/01/2024 04/01/24 Pending -- -- --
03/19/2024 03/19/24 For Sale $2,795,000 0.0% $254 / Sq Ft
02/23/2024 02/23/24 Pending -- -- --
01/10/2024 01/10/24 For Sale $2,795,000 +30.9% $254 / Sq Ft
11/30/2020 11/30/20 Sold $2,135,000 +12.4% $211 / Sq Ft
10/01/2020 10/01/20 Pending -- -- --
09/22/2020 09/22/20 For Sale $1,900,000 -- $188 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2190425

Northwest Multiple Listing Service (NWMLS)

Washington King County Seattle 98125 Lake City

12333 33rd Ave NE, Seattle, WA

Homes for Sale in Seattle, WA

This home is located at 12333 33rd Ave NE, Seattle, WA 98125 and is currently priced at $2,700,000, approximately $245 per square foot. This property was built in 1967. 12333 33rd Ave NE is a home located in King County with nearby schools including John Rogers Elementary School, Jane Addams Middle School, and Nathan Hale High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. ©2025 NWMLS.