Seola Park Modern

Seattle, WA
Luxury real estate french style home

Financial Overview

Acquisition:

$275,000.00

Improvements:

$520,000.00

Projected Net Profit:

$110,820.50

Total Preferred Equity Investment:

$225,000

Preferred Equity Projected Net Profit:

$55,410.25
(24% return on cash)

Minimum Preferred Equity Investment:

$50,000.00
(24% return on cash)

Projected Profit @ Minimum:

$12,000

Available Equity

$225,000

Remaining Equity

Contact Us for Details

Purchased to Value

23.9%

Projected Return

24%

Property Facts

Bedrooms: 4+    Bathrooms: 3.5+    Home SF: 3,450    Lot SF: 10,322

Property Summary

We are thrilled to share this opportunity with you as we create another gem in a beautiful mature neighborhood near up-and-coming White Center. Think contemporary; this new construction project will be surrounded by other large homes, while providing a modern style that is in demand in the local market. The home will feature warm wood tones paired with clean white accents, steel and iron. The centerpiece of the house will be the spacious great room with open kitchen floorpan and vaulted ceilings. This unique modern design will appeal to the buyer who wants more.

Transformation

The current dwellings will be demolished to make way for a family sized home on a partial view lot that will be manicured to perfection. Engineering is underway and architectural design is being finalized; once submitted to Unincorporated King County we have the option of expediting plan review! We are ahead of the curve and expects permits within the coming months.

The new home, designed by local architectural firm, Tapp Architectural, will boast 3450 sqft, with 4 bedrooms, 3 1/2 bathrooms, Office, Great room, Den/Theatre Room, complete with outdoor entertaining space. All bedrooms will have walk-in closets, the master bedroom will feature a deck, while the daylight basement suite could make a great Mother-in-Law unit.

The home will have a contemporary style and mid range finishes to set it apart in the Seola Beach neighborhood of White Center, and to compete in the market alongside other newly developed homes. (Final plans will mimic the settings of the neighborhood, featuring the style and amenities of homes fetching a premium.)

Reserve your equity!

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