1809 5th Ave N Seattle, WA 98109
East Queen Anne NeighborhoodEstimated payment $15,579/month
Highlights
- Lake View
- 0.24 Acre Lot
- Property is near a preserve or public land
- John Hay Elementary School Rated A
- No HOA
- 1-minute walk to Trolley Hill Park
About This Lot
Arun Apartments "PERMITTED" Development Site. The current permitted property is shovel ready for immediate development and is located in the highly desirable East Queen Anne/Westlake neighborhood of Seattle which offers immediate redevelopment potential in one of Seattle’s most supplyconstrained and sought-after multifamily submarkets. Beyond the existing remodeled 6 units, the site's zoning, pre-obtained permitting and design combine the two existing lots, allowing for an immediate development project consisting of five 4-story rowhouses. This feature presents an invaluable opportunity to bypass the typical lengthy permitting process where investors can elect to execute the permitted project for sale or long-term rental income.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2453097
Property Details
Property Type
- Land
Est. Annual Taxes
- $19,671
Lot Details
- 10,600 Sq Ft Lot
- 692670-0755
- Zoning described as Multi-Family
Schools
- Queen Anne Elementary School
- Mc Clure Mid Middle School
- Lincoln High School
Additional Features
- Lake Views
- The lake is a source of water for the property
Community Details
- No Home Owners Association
- Seattle Subdivision
- Property is near a preserve or public land
Listing and Financial Details
- Legal Lot and Block 6-7-8 / 78
- Assessor Parcel Number 6926700780
Map
Home Values in the Area
Average Home Value in this Area
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 | $9,422 | $917,000 | $916,000 | $1,000 |
| 2023 | $9,210 | $917,000 | $916,000 | $1,000 |
| 2022 | $10,405 | $980,000 | $970,000 | $10,000 |
| 2021 | $9,945 | $1,087,000 | $922,000 | $165,000 |
| 2020 | $10,293 | $987,000 | $847,000 | $140,000 |
| 2018 | $9,062 | $1,022,000 | $904,000 | $118,000 |
| 2017 | $8,111 | $884,000 | $782,000 | $102,000 |
| 2016 | $6,467 | $817,000 | $727,000 | $90,000 |
| 2015 | $5,311 | $641,000 | $466,000 | $175,000 |
| 2014 | -- | $535,000 | $373,000 | $162,000 |
| 2013 | -- | $541,000 | $352,000 | $189,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/06/2025 11/06/25 | For Sale | $2,650,000 | +55.9% | $201 / Sq Ft | |
| 05/04/2017 05/04/17 | Sold | $1,700,000 | -5.3% | $890 / Sq Ft | View Prior Sale |
| 02/16/2017 02/16/17 | Pending | -- | -- | -- | |
| 01/12/2017 01/12/17 | Price Changed | $1,795,000 | -5.5% | $940 / Sq Ft | |
| 01/07/2017 01/07/17 | For Sale | $1,900,000 | 0.0% | $995 / Sq Ft | |
| 12/22/2016 12/22/16 | Pending | -- | -- | -- | |
| 10/20/2016 10/20/16 | For Sale | $1,900,000 | -- | $995 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $2,099,100 | Fidelity National Title | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $850,000 | Fidelity | |
| Interfamily Deed Transfer | -- | Fidelity | |
| Warranty Deed | $347,600 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,250,000 | Commercial | |
| Previous Owner | $637,500 | New Conventional | |
| Previous Owner | $278,080 | No Value Available |
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2453097
APN: 692670-0755
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