Listed by Davis Management Group, LLC, Bought with KW Greater Seattle
$1,000,000
SOLD OCT 23, 2024
5 Beds
3 Baths
2,940 Sq Ft
4,445 Sq Ft Lot

Recently Sold

$340 Per Sq Ft

33% Below List Price

53 Days on Market

Highlights

  • Second Kitchen
  • Deck
  • Wood Flooring
  • Laurelhurst Elementary School Rated A-
  • Property is near public transit
  • 1-minute walk to Shiga's P-Patch Community Garden

About This Home

As of May 2025

Investor Alert! Rarely available, LR3 zoned, corner/paved alley lot in heart of the U district. Charming 1922 home, set back from street, boasts exceptional curb appeal & multitude of investment or development possibilities waiting to be unlocked. Maximize land potential w/ apartments or townhomes, rent current home as rooming house & build DADU on back of lot (buyer to verify) or land bank & occupy as private residence while renting out lower-level MIL equipped w/ second kitchen & own entrance. 4 sizeable bedrooms on 2nd floor. Off street parking via alley for 2 cars! Don’t miss this rare opportunity to buy one of the last LR3 zoned lots on the block in an unparalleled location. Short walk to UW campus, light rail, UVillage, 96 walk score!

Last Agent to Sell the Property

Marko Oblak

Davis Management Group, LLC License #136408 Listed on: 06/11/2024

Last Buyer's Agent

Max Hoge

KW Greater Seattle License #21014469

KW Greater Seattle

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2249996

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,824

Year Built

  • Built in 1922

Lot Details

  • 4,445 Sq Ft Lot
  • North Facing Home
  • Corner Lot
  • Level Lot
  • Garden
  • Value in Land

Parking

  • Driveway

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,940 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • French Doors
  • Dining Room
  • Partially Finished Basement

Kitchen

  • Second Kitchen
  • Stove
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating System
  • Baseboard Heating
  • Water Heater

Additional Features

  • Deck
  • Property is near public transit

Community Details

  • No Home Owners Association
  • University District Subdivision

Listing and Financial Details

  • Assessor Parcel Number 8823900870

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,824

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 18 - 2 Stories w/Bsmnt
  • Year Built: 1922
  • Buyer Agency Compensation: 3
  • Inclusions: Dishwasher(s),Dryer(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 2940
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: None
  • Cumulative Days on Market: 305

Interior Features

  • Fireplaces: 1
  • Basement: Partially Finished
  • Appliances: Dishwasher(s), Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Vinyl, Carpet
  • Interior Amenities: Second Kitchen, Ceramic Tile, Dining Room, Fireplace, French Doors, Hardwood, Wall to Wall Carpet, Water Heater
  • Living Area: 2940
  • Main Level Bathrooms: 1
  • Bathrooms: 2.5
  • BathsFullMain: 0
  • FireplacesMain: 1
  • SquareFootageFinished: 2940
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 1
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 1
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 1
  • BedroomsUpper: 4
  • AppliancesIncluded: Dishwasher(s),Dryer(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 3

Exterior Features

  • Roof: Composition
  • Lot Features: Alley, Corner Lot, Curbs, Paved, Sidewalk, Value In Land
  • View: No
  • Waterfront: No
  • Direction Faces: North
  • Exterior Features: Wood
  • Structure Type: House
  • BusLineNearby: true

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Open Parking: No
  • Parking Features: Driveway

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Forced Air
  • Heating Yn: Yes
  • PowerCompany: SCL
  • SewerCompany: SPU
  • WaterCompany: SPU
  • WaterHeaterLocation: basement
  • WaterHeaterType: gas

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Seattle
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 8823900870
  • Topography: Level,Partial Slope
  • Land Lease: No
  • Lot Size Acres: 0.102
  • Lot Size Sq Ft: 4445
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck
  • MLSLotSizeSource: King County
  • MLSSquareFootageSource: King County

Green Features

  • Power Production Type: Electric, Natural Gas

Tax Info

  • Year: 2023
  • Tax Annual Amount: 9824

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2025
Closed on
May 15, 2025
Sold by
1505 Ne 55Th St Llc
Bought by
Tinitali Ewan Xander and Davis Douglas Alexander
Seller's Agent
Sasha Bachtold
BetterHomes&GardensRE Macy&Co.
Buyer's Agent
Javila Creer
Windermere Real Estate Midtown
List Price
$1,695,000
Sold Price
$1,550,000
Premium/Discount to List
-$145,000
-8.55%
Total Days on Market
53
Views
50

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-33.34%
Original Mortgage
$1,240,000
Outstanding Balance
$1,240,000
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$189,228

Purchase Details

Closed on
Nov 19, 2021
Sold by
Ricketts Michael E and Estate Of Kimberlee B Ricketts
Bought by
Ricketts Michael E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,000
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2021
Sold by
Ricketts Jacquelyn Diane
Bought by
Ricketts Michael E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,000
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2015
Sold by
Ma Chu Ting Jennifer
Bought by
Brothers K Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,500
Interest Rate
3.64%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 21, 2004
Sold by
Chan Nelkon Hin Tat
Bought by
Ma Chu Ting Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,800
Interest Rate
6.31%

Purchase Details

Closed on
Mar 11, 1993
Sold by
Donovan William J and Donovan Kathleen
Bought by
Ricketts Michael E and Ricketts Kimberlee B
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,550,000 Wfg National Title Company Of
Interfamily Deed Transfer -- First American Title
Interfamily Deed Transfer -- First American Title
Warranty Deed $450,000 First American
Warranty Deed -- First American
Warranty Deed $216,000 First American
Warranty Deed $235,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,240,000 New Conventional
Previous Owner $214,000 New Conventional
Previous Owner $101,500 Stand Alone Second
Previous Owner $141,760 No Value Available
Previous Owner $172,800 No Value Available
Previous Owner $150,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2025 05/20/25 Sold $1,550,000 -5.8% $527 / Sq Ft
04/19/2025 04/19/25 Pending -- -- --
04/03/2025 04/03/25 Price Changed $1,645,000 -2.9% $560 / Sq Ft
03/13/2025 03/13/25 For Sale $1,695,000 +69.5% $577 / Sq Ft
10/23/2024 10/23/24 Sold $1,000,000 -28.6% $340 / Sq Ft
08/03/2024 08/03/24 Pending -- -- --
06/20/2024 06/20/24 Price Changed $1,400,000 -6.7% $476 / Sq Ft
06/11/2024 06/11/24 For Sale $1,500,000 -- $510 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

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 $12,425 $1,287,000 $1,286,000 $1,000
2023 $11,543 $1,215,000 $1,214,000 $1,000
2022 $9,428 $1,147,000 $1,146,000 $1,000
2021 $8,628 $1,013,000 $1,012,000 $1,000
2020 $8,692 $877,000 $873,000 $4,000
2018 $7,990 $856,000 $855,000 $1,000
2017 $6,926 $797,000 $796,000 $1,000
2016 $6,418 $713,000 $712,000 $1,000
2015 $5,399 $645,000 $644,000 $1,000
2014 -- $553,000 $409,000 $144,000
2013 -- $471,000 $349,000 $122,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2249996

Northwest Multiple Listing Service (NWMLS)

APN: 882390-0870