Listed by Paragon Real Estate Advisors
NOT LISTED FOR SALE

1614 S Dearborn St Seattle, WA 98144

Atlantic Neighborhood

Estimated Value: $1,056,525

0.12 Acre
$8,804,375 Price per Acre
5,227 Sq Ft Lot

Last Sold November 27, 2019

Last sale price $840,000 $583 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $6,515/month

64 Days on Market

About This Lot

As of November 2019

5,300 SF LR-3 (M) zoned property in a designated opportunity zone. The site has 4-6 months remaining in the permitting process for a 24-unit building comprised of 15 efficiency units and 9 apts. The permit will be completed with a start date stamped prior to the enactment of HALA thus grandfathering in any future developer from paying the MHA fees. An investor is given the option of completing the current permitted project or constructing 6-8 townhouses on the site.

Last Agent to Sell the Property

Michael Urquhart

Paragon Real Estate Advisors License #135356 Listed on: 07/29/2019

Co-Listed By

Brian Platt

Paragon Real Estate Advisors License #85375

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1497573

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,758

Lot Details

Community Details

  • Judkins Community

Listing and Financial Details

  • Assessor Parcel Number 7132300055

Property Details

Property Type

Land

Est. Annual Taxes

$8,758

Lot Details

0

Listing Details

  • Property Type: Lots And Land
  • Style: 40 - Res-Less Thn 1 Ac
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Information: Paved

Utilities

  • Electricity: On Property
  • Gas Available: On Property
  • Sewer: On Property
  • Water: On Property

Condo/Co-op/Association

  • Community Name: Judkins

Schools

  • School District: SEA

Lot Info

  • General Zoning Classification: Multi-Family, Office
  • Lot Sq Ft: 5300
  • Parcel Number: 7132300055
  • Zoning Jurisdiction: City
  • Zoning Remarks: LR3 (M)

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 7, 2022
Sold by
Ravello Llc
Bought by
Kp Dearborn St Llc
Current Estimated Value
$1,056,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
4.98%

Purchase Details

Listed on
Jul 29, 2019
Closed on
Nov 20, 2019
Sold by
1614 S Dearborn Llc
Bought by
Ravello Llc
Seller's Agent
Michael Urquhart
Paragon Real Estate Advisors
List Price
$850,000
Sold Price
$840,000
Premium/Discount to List
-$10,000
-1.18%

Purchase Details

Listed on
Jul 17, 2016
Closed on
Mar 30, 2017
Sold by
Zemmerman Albert L
Bought by
1614 S Dearborn Llc
Seller's Agent
Vinece Campbell
Lynnmac Commercial LLC
Buyer's Agent
Vinece Campbell
Lynnmac Commercial LLC
List Price
$650,000
Sold Price
$525,000
Premium/Discount to List
-$125,000
-19.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.41%
Original Mortgage
$393,750
Interest Rate
4.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 20, 1982
Sold by
Dacaway John and Dacaway Irene
Bought by
Zemmerman Albert L
Source: Public Records

Range of Values:

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ICE

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kp Dearborn St Llc $1,050,000 Stewart Title Guaranty Company
Ravello Llc $840,000 Stewart Ttl Guaranty Co Com
1614 S Dearborn Llc $525,000 Fidelity Natio
Zemmerman Albert L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Kp Dearborn St Llc $650,000
Previous Owner 1614 S Dearborn Llc $393,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2019 11/27/19 Sold $840,000 -1.2% $583 / Sq Ft
10/01/2019 10/01/19 Pending -- -- --
07/29/2019 07/29/19 For Sale $850,000 +61.9% $590 / Sq Ft
04/03/2017 04/03/17 Sold $525,000 -19.2% $365 / Sq Ft
08/13/2016 08/13/16 Pending -- -- --
08/04/2016 08/04/16 For Sale $650,000 0.0% $451 / Sq Ft
07/26/2016 07/26/16 Pending -- -- --
07/17/2016 07/17/16 For Sale $650,000 -- $451 / 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 $8,758 $896,000 $896,000 --
2023 $8,852 $897,000 $896,000 $1,000
2022 $6,857 $774,000 $773,000 $1,000
2021 $6,539 $703,000 $702,000 $1,000
2020 $6,113 $636,000 $635,000 $1,000
2018 $5,418 $602,000 $592,000 $10,000
2017 $4,431 $515,000 $505,000 $10,000
2016 $4,206 $431,000 $421,000 $10,000
2015 $3,498 $401,000 $391,000 $10,000
2014 -- $338,000 $301,000 $37,000
2013 -- $321,000 $295,000 $26,000
Source: Public Records

Agents Affiliated with this Home

  • Michael Urquhart

    Seller's Agent in 2019

    Michael Urquhart

    Paragon Real Estate Advisors

    (206) 812-9123

    87 Total Sales

    Section Image
  • Brian Platt

    Seller Co-Listing Agent in 2019

    Brian Platt

    Paragon Real Estate Advisors

    (206) 812-9130

    56 Total Sales

    Section Image

  • V

    Seller's Agent in 2017

    Vinece Campbell

    Lynnmac Commercial LLC

    (206) 354-1203

    17 Total Sales

    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1497573

Northwest Multiple Listing Service (NWMLS)

APN: 713230-0055

Washington King County Seattle 98144 Atlantic

1614 S Dearborn St, Seattle, WA

This home is located at 1614 S Dearborn St, Seattle, WA 98144 since 29 July 2019 and is currently estimated at $1,056,525, approximately $733 per square foot. 1614 S Dearborn St is a home located in King County with nearby schools including Bailey Gatzert Elementary School, Washington Middle School, and Garfield High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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