OFF_MARKETRisky Deal3 days on market

1640 Magnolia Boulevard W

1640 Magnolia Boulevard W, Seattle, WA 98199, Seattle, WA 98199
$4,488,000
Zestimate®:$4,259,700

Listing Price

Property image 1
1640 Magnolia Boulevard W, Seattle, WA 98199
Loc: Seattle, WA
Days Listed
3
Tax Assessed
$2928k
Zestimate®
$4260k
Market Rate
Lot Size
8,194 sqft
Rent Estimate
$6,128/mo
Est. Cash Flow base
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
0.6 mi away
10

Ballard High School

9-12
3.2 mi away
8

McClure Middle School

6-8
2 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
0.67%
Total ROI
-7.0%
Cash Flow
$-20,207/mo
DSCR
0.11
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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
2026-03-10Listed for sale$4,488,000$1,301
2014-12-11Sold$3,348,000$970
2014-10-02Pending sale$3,348,000$970
2014-09-15Listed for sale$3,348,000$970
2007-09-05Sold$2,025,000$587
2000-06-12Sold$1,550,000$449
1997-11-07Sold$733,000$212

Tax History

YearProperty TaxTax Assessment
2024$27,869.35$2,928,000
2023$24,916.31$2,651,000
2022$24,278.41$2,884,000
2021$22,138.55$2,415,000
2020$21,129.25$2,186,000
2019$21,903.63$2,295,000
2018$19,019.39$2,215,000
2017$18,650.62$1,886,000
2016$12,781.79$1,718,000
2015$12,781.79$1,550,000
2014$12,781.79$1,329,000
2013$12,781.79$1,311,000
2012$0$1,154,000
2011$0$1,606,000
2010$0$1,397,000
2009$0$1,397,000
2007$0$1,409,000
2006$0$1,499,000
2005$0$1,382,000
2001$10,122.7$875,000
2000$8,693.63$708,000
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
3
Baths
4
Sq Ft
3,450
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: $4,488,000Rent Basis: Observed Comp Model ($6,128/mo)State Tax Benchmark: 0.94% (WA)Hazard Reserve: $1,309/mo
Haven ScoreRisky
0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
0.30%

NOI: $13,392/yr

Cash-on-Cash Yield
-25.8%

On $1,032,240 invested

DSCR Ratio
0.05x

Negative debt coverage

5-Yr Leveraged ROI
+-34.7%

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)-$2,294/mo
Homeowner / Hazard Insurance-$1,309/mo
Vacancy Reserve (5% of rent)-$306/mo
Repairs & Maintenance (10% of rent)-$613/mo
Property Management (8% of rent)-$490/mo
Total Pure Operating Expenses-$5,012/mo
Net Investor Cash Flow
Gross Scheduled Rent+$6,128/mo
Less: Operating Expenses-$5,012/mo
Net Operating Income (NOI)+$1,116/mo
Less: Debt Service (30yr @ 6.75%)-$23,287/mo
Net Cash Flow
$-22,171/mo
$-266,056/year
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