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Version: ...
Pending Feasibility
Went pending in 188 days
$6,520,000
Originally $8,500,000
12,960 Sqft Lot
No Garage
Scarcity determines value! An exceptionally rare chance to acquire prime property & a fully designed top-level apartment project at U District, adjacent to UW. The Rhythm Apartments project, with 3 neighboring parcels, has secured the MUP and is finalizing building permit. This meticulously planned project features a 7-story building with highly valuable commercial space on the 1st floor and 127 units from 2nd-7th floors, totaling 45,926 sqft & average unit size of 362 sqft. The project promises optimal investment returns in a short time, making it a dream opportunity. The design also includes underground parking space. Just a block from the UW central campus, proximity to shopping, entertainment, and restaurants in the bustling U District.
Offer Review
No offer review date was specified
Listing source NWMLS MLS #
2240011
Listed by
Sherry Zuo,
PRO RLTYSRVCS Eastside
JD Yu, PRO RLTYSRVCS Eastside
Contact our
University District
Real Estate Lead
Nov 22, 2024
Went Pending Feasibility
$6,520,000
NWMLS #2240011
Aug 19, 2024
Price Reduction arrow_downward
$6,520,000
NWMLS #2240011
Jul 03, 2024
Price Reduction arrow_downward
$6,580,000
NWMLS #2240011
Jun 11, 2024
Price Reduction arrow_downward
$7,600,000
NWMLS #2240011
May 18, 2024
Price Increase arrow_upward
$8,660,000
NWMLS #2240011
May 18, 2024
Listed
$8,500,000
NWMLS #2240011
-
StatusPending Feasibility
-
Last Listed Price$6,520,000
-
Original Price$8,500,000
-
List DateMay 18, 2024
-
Last Status ChangeNovember 23, 2024
-
Last UpdateNovember 23, 2024
-
Days on Market218 Days
-
Cumulative DOM188 Days
-
Pending DateNovember 22, 2024
-
Days to go Pending188
-
$/sqft (Total)--
-
$/sqft (Finished)/sqft
-
Listing Source
-
MLS Number2240011
-
Listing BrokerSherry Zuo
-
Listing OfficePRO RLTYSRVCS Eastside
-
Principal and Interest$34,178 / month
-
Property Taxes$3,864 / month
-
Homeowners Insurance$412 / month
-
TOTAL$38,454 / month
-
-
based on 20% down($1,304,000)
-
and a6.85% Interest Rate
-
About:All calculations are estimates only and provided by Mainview LLC. Actual amounts will vary.
-
Sqft (Total)0 sqft
-
Sqft (Finished)0 sqft
-
Sqft (Unfinished)None
-
Property TypeParcel
-
Sub TypeMulti-Family
-
BedroomsBedrooms
-
Bathrooms0 Bathrooms
-
Lot12,960 sqft Lot
-
Lot Size SourceMLS
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Lot #Unspecified
-
ProjectUnspecified
-
Total StoriesUnspecified
-
Sqft SourceUnspecified
-
2023 Property Taxes$46,368 / year
-
No Senior Exemption
-
CountyKing County
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Parcel #8823902160
-
County Website
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County Parcel Map
-
County GIS Map
-
AboutCounty links provided by Mainview LLC
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School DistrictSeattle
-
ElementaryLaurelhurst
-
MiddleEckstein Mid
-
High SchoolRoosevelt High
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HOA DuesUnspecified
-
Fees AssessedUnspecified
-
HOA Dues IncludeUnspecified
-
HOA ContactUnspecified
-
Management Contact
-
CoveredUnspecified
-
Has GarageNo
-
Home BuilderUnspecified
-
3rd Party Approval Required)No
-
Bank Owned (REO)No
-
Complex FHA AvailabilityUnspecified
-
Potential TermsCash Out
Conventional
-
SewerAvailable
-
Water SourceAvailable
-
WaterfrontNo
-
Air Conditioning (A/C)No
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Buyer Broker's Compensation1.5%
-
MLS Area #Area 710
-
Number of Photos9
-
Last Modification TimeFriday, November 22, 2024 10:17 PM
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System Listing ID5323345
-
Pending Or Ctg2024-11-22 22:34:50
-
Price Reduction2024-08-19 14:31:08
-
Price Increase2024-05-18 09:56:35
-
First For Sale2024-05-18 09:34:44
Listing details based on information submitted to the MLS GRID as of Friday, November 22, 2024 10:17 PM.
All data is obtained from various
sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Sharing
Pending Feasibility
November 22, 2024
$6,520,000
NWMLS #2240011.
Sherry Zuo,
PRO RLTYSRVCS Eastside
|
Listing information is provided by the listing agent except as follows: BuilderB indicates
that our system has grouped this listing under a home builder name that doesn't match
the name provided
by the listing broker. DevelopmentD indicates
that our system has grouped this listing under a development name that doesn't match the name provided
by the listing broker.