Columbia Place, a 23-unit apartment building positioned on First Hill, one of Seattle’s most charming and convenient neighborhoods for residents who work downtown. The opportunity exists for a new investor to acquire a turn-key asset that has undergone extensive interior and exterior rehabilitation in recent years. Current operations yield an average rent of $1,202 per unit, but market rent comparables suggest that rents can be raised to an average of $1,352 per unit upon lease expiration. Market rents can be captured without capital expenditure as the current ownership purchased the property vacant and thoroughly updated the property throughout. Owner financing may be available to qualified buyers.
Property Details
Property Features
Property Information:
Year Built: 1907
Stories: 4
Living Area: 7,194 SqFt
Listing Office:
Office Name: Blake Investment Advisors
Office Phone: (206) 618-2207
Listing Agent: Gabe Blake
Interior Features
Interior Information:
Flooring Type: Vinyl Plank
Exterior Features
Exterior Information:
View: City
Exterior: Stucco
Lot Features
Lot Information:
Lot Size: 0.07 Acres
Utilities
Utilities Information:
Heating: Baseboard
Cooling: None
Other
Directions Information:
Directions: TERRYS 1ST ADD WLY 32 FT OF SLY 30 FT OF 6 & WLY 32 FT OF 7
Price Information
Listing Price Info
Price Summary:
List Price: $5,750,000
Price Per SqFt: $799/SqFt
Tax Information:
Annual Amount: $45,049
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Seattle, WA.
This property is $4.9M more than the Median Sold Price and $232/SqFt more than other homes in Seattle, WA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: NWMLS
MLS Number: #2301687
Listing Office:
Office Name: Blake Investment Advisors
Office Phone: (206) 618-2207
Listing Agent: Gabe Blake
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
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.
Disclaimer: The information contained in this listing has not been verified by Rocket Homes Real Estate, LLC and should be verified by the buyer. All information deemed reliable but not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. All properties are subject to prior sale, change or withdrawal. Neither broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Days on site is calculated from the listing date of the current listing and includes the sum of market time from prior listings for the same property uninterrupted by a sale or more than 60 days off-market. Time off market, including time when a sale is pending, temporarily off market, etc. is not included. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/17/2024, 8:17:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Dec 14, 2018
Dec 14, 2018Home Sold
$3,837,000
Apr 29, 2005
Apr 29, 2005Home Sold
$924,059
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$45,049
$4,785,000
2018
$32,220
$3,838,000
2017
$398
$3,837,000
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$28.7K
Per Month
Principal & Interest
$28.6K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$17.3K
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Bailey Gatzert Elementary School
1301 E Yesler Way
Distance between this listing and this school0.66 miles
Public District Grades PK-5
4
/10
Lowell Elementary School
1058 E Mercer St
Distance between this listing and this school1.29 miles
Public District Grades PK-5
7
/10
Beacon Hill International Elementary School
2025 14th Ave S
Distance between this listing and this school1.61 miles
Public District Grades KG-5
Nearby Schools
5
/10
Washington Middle School
2101 S Jackson St
Distance between this listing and this school1.22 miles
Public District Grades 6-8
3
/10
Meany Middle School
301 21st Ave E
Distance between this listing and this school1.44 miles
Public District Grades 6-8
8
/10
TOPS K-8 School
2500 Franklin Ave E
Distance between this listing and this school2.46 miles
Public District Grades PK-8
Nearby Schools
5
/10
Summit Public School: Sierra
1025 S King St
Distance between this listing and this school0.73 miles
Public Charter Grades 9-12
1
/10
Seattle World School
1700 E Union St
Distance between this listing and this school0.92 miles
Public Magnet Grades 6-12
7
/10
Garfield High School
400 23rd Ave
Distance between this listing and this school1.16 miles
The neighbors living near this home have an average income of $38,882. The majority of Seattle, WA residents have income less than $35k annually. Most families are single, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 814 Columbia St
What is the listing price of this property?
The listing price of 814 Columbia St property is $5,750,000.
What type of property is this?
The property 814 Columbia St is a house located in Seattle, Washington, 98104.
Is this property for sale now?
Active Listing: 814 Columbia St is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $45,049 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on December 14, 2018 for $3,837,000. (source: MLS/tax record).
What is the square footage of this property?
The property 814 Columbia St is 7,194 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 814 Columbia St is 1907.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 814 Columbia St in Seattle, WA and zip code 98104 in the East neighborhood. This 7,194 square foot home, which was built in 1907, sits on a 0.07 acre lot. It has been listed on Rocket Homes since October 14, 2024 and is currently priced at $5,750,000.
Seattle, WA housing market in November 2024 saw over 135 listings sold above listed price, more than 195 sold at listed price and over 305 sold below. In November 2024 in Seattle, WA there were 10.9% less homes for sale than in October 2024. Listings spent 40 days on the market in November 2024, and had a median list price of $846,981 during the same period.
From Rocket Homes Real Estate and based on county public records data.
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved. 
Music Concerts
Music Concerts
Art Museums
Major League Soccer (MLS)
H&M
Bloomingdales
Banana Republic
Chipotle
Starbucks
Jack In The Box
Volkswagen
Audi
Toyota
Rhythmic Contemporary Hits
News
Jazz