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  • Listed by: Skyline Properties, Inc. • Fred Grunewald
    Price cut: $100K (7/17)
    $1,699,000

    12602 NE 118th Street, Kirkland, WA 98034

    8beds
    4baths
    3,328sqft
    : 
    $11,179/mo
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    Quadruplex, Multi Family
    Built in 1979
    -- sqft lot
    $1,637,600 Zestimate®
    $511/sqft
    $500/mo HOA

    What's special

    Stucco and brick exteriorNew paint
    Seller financing---Clean and well maintained Kirkland 4-plex in Totem Lake Area, updated and fully occupied. Stucco & brick exterior, 2 bedroom 1 bath units with washer/dryer inside each unit, decks. 3 year old roof, new paint. Close to shopping, public transportation, freeway access and restaurants. Great low maintenance investment and easy to manage. Drive by and walk exterior. Please do not disturb tenants. HOA takes care of landscaping, trash removal, and common area maintenance. The 4-plex is one of 12 separate 4-plexes that make up Totem Firs Apartment complex. Each building owned separately. *Ask your broker about an INTEREST RATE BUYDOWN paid by seller.
    210 days
    |
    246
    |
    11
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Fred Grunewald,

    Skyline Properties, Inc.

    Source: NWMLS as distributed by MLS GRID,MLS#: 2465814MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 4
      Heating
      • Baseboard, Electric
      Cooling
      • None
      Features
      • Windows: Thermal Windows
      • Has fireplace: No
      Interior area
      • Total structure area: 3,328
      • Total interior livable area: 3,328 sqft

      Property

      Parking
      • Total spaces: 7
      • Parking features: Open
      • Uncovered spaces: 7
      Lot
      • Size: 7,840 Square Feet
      • Features: Cul-De-Sac
      Details
      • Parcel number: 2826059199
      • Zoning description: Multi-Family,Jurisdiction: City
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: 4-Plex
      • Property subtype: Quadruplex, Multi Family
      Materials
      • Brick, Stucco, Wood Siding
      • Foundation: Poured Concrete
      • Roof: Composition
      Condition
      • Good
      • Year built: 1979
      • Major remodel year: 1979

      Utilities & green energy

      • Electric: Company: PSE
      • Sewer: Sewer Connected, Company: Northshore
      • Water: Public, Company: Public
      Green energy
      • Energy efficient items: Thermal Windows

      Community & HOA

      Community
      • Subdivision: Totem Lake
      HOA
      • HOA fee: $1,500 quarterly
      Location
      • Region: Kirkland

      Financial & listing details

      • Price per square foot: $511/sqft
      • Tax assessed value: $1,239,000
      • Annual tax amount: $9,386
      • Date on market: 1/6/2026
      • Cumulative days on market: 211 days
      • Listing terms: Conventional

        Estimated market value

        $1,637,600

        $1.56M - $1.72M

        $2,998/mo

        Price history

        DateEventPrice
        7/17/2026Price change$1,699,000-5.6%$511/sqft
        Source: NWMLS as distributed by MLS GRID #2465814 Report a problem
        5/29/2026Price change$1,799,000-10%$541/sqft
        Source: NWMLS as distributed by MLS GRID #2465814 Report a problem
        1/7/2026Listed for sale$1,999,950+263.6%$601/sqft
        Source: NWMLS as distributed by MLS GRID #2465814 Report a problem
        9/29/2022Listing removed--
        Source: Zillow Rental Manager Report a problem
        9/24/2022Listed for rent$1,975+12.9%$1/sqft
        Source: Zillow Rental Manager Report a problem
        2/21/2022Listing removed--
        Source: Zillow Rental Manager Report a problem
        2/2/2022Listed for rent$1,750+6.1%$1/sqft
        Source: Zillow Rental Manager Report a problem
        12/5/2021Listing removed--
        Source: Zillow Rental Manager Report a problem
        11/10/2021Price change$1,650+6.5%
        Source: Zillow Rental Manager Report a problem
        10/31/2021Listed for rent$1,550
        Source: Zillow Rental Manager Report a problem
        11/19/2004Sold$550,000+109.1%$165/sqft
        Source: NWMLS as distributed by MLS GRID #24143461 Report a problem
        8/25/1995Sold$263,000$79/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$10,901 +16.1%$1,239,000 +9.5%
        2024$9,386 -14.5%$1,132,000 -10.6%
        2023$10,980 +10.6%$1,266,000 -2.2%
        2022$9,930 -2.8%$1,294,000 +14.2%
        2021$10,212 -8.3%$1,133,000 -0.7%
        2020$11,140 +12.1%$1,141,000 +8.4%
        2019$9,936 +20.8%$1,053,000 +17%
        2018$8,225 -3.6%$900,000 +8.6%
        2017$8,534 +46%$829,000 +16.8%
        2016$5,846 $710,000 +10.8%
        2015$5,846 $641,000 +15.1%
        2014$5,846 $557,000 +1.3%
        2013$5,846 $550,000 -2.5%
        2012-- $564,000 -8.3%
        2011-- $615,000 -12.4%
        2010-- $702,000
        2009-- $702,000 +19.2%
        2007-- $589,000 +27.5%
        2006-- $462,000 +12.4%
        2005-- $411,000 +22.3%
        2001$3,836 +1.8%$336,000 +11%
        2000$3,770 $302,600
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: North Rose Hill

        Getting around

        74 / 100
        Very Walkable
        37 / 100
        Some Transit
        45 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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