Listed by Designed Realty
$595,000
$190K PRICE DROP

Estimated payment $3,813/month

Total Views 4,263
4 Beds
2 Baths
3,160 Sq Ft
$188 Price per Sq Ft

Highlights

  • RV Access or Parking
  • Territorial View
  • No HOA
  • John Rogers Elementary School Rated A-
  • Engineered Wood Flooring
  • Forced Air Heating System

About This Home

ONLY $595,000! OWNER WANTS OFFERS – THIS WON'T LAST! URGENT NOTE: All offers reviewed on October 1, 2025, at 5:00 PM. Bring your absolute best – multiple bids expected, so act fast to get in the game! Explosive investment alert in Seattle's booming Lake City. This pristine, untouched duplex on a massive LR2(M)-zoned lot screams redevelopment gold: build townhouses, small apartments, or leverage the Mandatory Housing Affordability (MHA) perks for even more units and sky-high returns. Prime location with endless potential – walk to shops, parks, and transit, or flip it into a multi-unit cash cow in one of the hottest markets around. Investors, flippers, and builders: schedule your showing NOW before the crowds hit and offers pile up.

Listing Agent

Jose Chapa

Designed Realty License #113070 Listed on: 06/30/2025

Co-Listing Agent

Ronnie Hale

CENTURY 21 North Homes Realty License #26158

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2400327

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,056

Year Built

  • Built in 1960

Lot Details

  • 6,000 Sq Ft Lot
  • Partially Fenced Property
  • Property is in good condition

Home Design

  • Duplex
  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof

Interior Spaces

  • 3,160 Sq Ft Home
  • 2-Story Property
  • Engineered Wood Flooring
  • Territorial Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 6 Parking Spaces
  • 1 Covered Space
  • Open Parking
  • RV Access or Parking

Schools

  • John Rogers Elementary School
  • Jane Addams Middle School
  • Nathan Hale High School

Utilities

  • Forced Air Heating System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Cedar Park Condos
  • Cedar Park Subdivision

Listing and Financial Details

  • Legal Lot and Block 7 / 6
  • Assessor Parcel Number 1453601621

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,056

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 52 - Duplex
  • Year Built: 1960
  • MLS Status: Active
  • Prev Status: Active
  • Building Name: Cedar Park
  • New Construction: No
  • CalculatedSquareFootage: 3160
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family, Residential, See Remarks
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Engineered Hardwood
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: Basement

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Construction Type: Brick, See Remarks
  • Exterior Features: Brick, See Remarks
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Open Parking Spaces: 5
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 5

Utilities

  • Sewer: Sewer Connected
  • Security: Partially Fenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • PowerCompany: Seattle City Light
  • SewerCompany: Seattle Public utilities
  • WaterCompany: Seattle Public utilities
  • WaterSewerGarbage: 2433

Condo/Co-op/Association

  • Senior Community: No
  • Association: No
  • Common Interest: Multi-Family

Fee Information

  • NWM_OtherDuesOrFeesYN: false

Schools

  • Junior High Dist: Seattle
  • High School: Nathan Hale High
  • Middle Or Junior School: Jane Addams

Lot Info

  • Parcel Number: 1453601621
  • Lot Size Acres: 0.1377
  • Lot Size Sq Ft: 6000
  • Zoning Description: Multi-Family,Residential,See Remarks
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,RV Parking
  • MLSLotSizeSource: Public records
  • MLSSquareFootageSource: Public records
  • ZoningJurisdiction: City
  • LotNumber: 7

Green Features

  • Power Production Type: Electric, Oil

Rental Info

  • GrossRentMultiplier: 16.01
  • LeasedItems: None
  • TotalMonthlyIncome: 0

Multi Family

  • Net Operating Income: 33279
  • Number Of Units Total: 2
  • Insurance Expense: 1812
  • Leasable Area: 1830
  • EnergySource: Electric,Oil
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: true
  • VacancyRate: 0

Tax Info

  • Year: 2025
  • Tax Annual Amount: 8056

MLS Schools

  • Elementary School: John Rogers

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $8,057 $791,000 $554,000 $237,000
2023 $7,395 $687,000 $561,000 $126,000
2022 $6,486 $826,000 $624,000 $202,000
2021 $5,962 $661,000 $500,000 $161,000
2020 $6,058 $574,000 $435,000 $139,000
2018 $6,030 $603,000 $440,000 $163,000
2017 $4,912 $579,000 $358,000 $221,000
2016 $4,595 $483,000 $305,000 $178,000
2015 -- $442,000 $279,000 $163,000
2014 -- $387,000 $242,000 $145,000
2013 -- $360,000 $220,000 $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2025 09/12/25 Price Changed $595,000 -21.7% $188 / Sq Ft
08/29/2025 08/29/25 Price Changed $759,900 -3.2% $240 / Sq Ft
06/30/2025 06/30/25 For Sale $785,000 -- $248 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- Layman Brewe
Interfamily Deed Transfer -- Ticor National
Interfamily Deed Transfer -- Stewart Title
Warranty Deed $395,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $301,600 New Conventional
Previous Owner $276,500 Fannie Mae Freddie Mac
Previous Owner $39,500 Stand Alone Second
Source: Public Records

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2400327

Northwest Multiple Listing Service (NWMLS)

APN: 145360-1621