OFF_MARKETExcellent Deal7 days on market

2803 Magnolia Boulevard W

2803 Magnolia Boulevard W, Seattle, WA 98199, Seattle, WA 98199
$3,488,000

Listing Price

Property image 1
2803 Magnolia Boulevard W, Seattle, WA 98199
Loc: Seattle, WA
Days Listed
7
Tax Assessed
$2187k
Lot Size
7,022 sqft
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

9

Catharine Blaine K-8

K-8
0.7 mi away
10

Ballard High School

9-12
2.8 mi away
8

McClure Middle School

6-8
2.7 mi away

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
7.85%
Total ROI
28.9%
Cash Flow
$5,189/mo
DSCR
1.29
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Data provided by Haven AI. Disclaimer

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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-03-05Listed for sale$3,488,000$933
2020-09-30Sold$2,325,000$622
2020-09-01Pending sale$2,350,000$628
2020-08-27Listed for sale$2,350,000$628
2005-05-27Sold$1,650,000$441

Tax History

YearProperty TaxTax Assessment
2024$21,056.45$2,187,000
2023$17,601.71$1,843,000
2022$17,141.88$2,005,000
2021$15,640.1$1,679,000
2020$14,927.98$1,520,000
2019$15,452.25$1,596,000
2018$13,426.8$1,540,000
2017$16,126.23$1,622,000
2016$11,056.76$1,478,000
2015$11,056.76$1,333,000
2014$11,056.76$1,143,000
2013$11,056.76$1,098,000
2012$0$966,000
2011$0$1,138,000
2010$0$1,204,000
2009$0$1,204,000
2007$0$1,214,000
2006$0$1,010,000
2005$0$931,000
2001$8,794.59$759,000
2000$8,693.63$708,000
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
5
Baths
3
Sq Ft
3,740
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $3,488,000Rent Basis: Modeled Estimate ($27,904/mo)State Tax Benchmark: 0.94% (WA)Hazard Reserve: $1,017/mo
Haven ScoreNeutral
4/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
6.45%

NOI: $225,071/yr

Cash-on-Cash Yield
1.0%

On $802,240 invested

DSCR Ratio
1.04x

Tight qualification

5-Yr Leveraged ROI
+99.1%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (0.94% of basis)-$1,713/mo
Homeowner / Hazard Insurance-$1,017/mo
Vacancy Reserve (5% of rent)-$1,395/mo
Repairs & Maintenance (10% of rent)-$2,790/mo
Property Management (8% of rent)-$2,232/mo
Total Pure Operating Expenses-$9,148/mo
Net Investor Cash Flow
Gross Scheduled Rent+$27,904/mo
Less: Operating Expenses-$9,148/mo
Net Operating Income (NOI)+$18,756/mo
Less: Debt Service (30yr @ 6.75%)-$18,098/mo
Net Cash Flow
$657/mo
$7,889/year
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2803 Magnolia Boulevard W | Seattle, WA | Haven AI Analysis | Haven by ScoutHavens