Listed by Ara Realty
$999,000

Estimated payment $6,206/month

Total Views 15,287
0.12 Acre
$8,430,380 Price per Acre
5,160 Sq Ft Lot

Highlights

  • City View
  • No HOA
  • 3-minute walk to Spruce Street Mini Park
  • Garfield High School Rated A
  • Level Lot

About This Lot

Approved Permits and plan set for 4 townhomes with 2 ADU's. Development Opportunity! Builder and Flipper Alert! Welcome to Central District of Seattle with a “walk score” of 92. Close to downtown, I-5 and I-90. Great schools, food and shopping. Vacant. Home in LR2 (M) Zoning. Ready to break dirt. Unit Lot Subdivision is completed. Existing home has good bones if you decide to go a different route. Attic: 300 sq ft. Ceiling height: Attic - 73", Basement - 76". Across the street from Garfield High School. Build your multi-family investment project on this 5,000+ sq ft lot. A portion of the neighboring property (40’ x 40”) is available for sale separately to get 2 more townhomes, making it a 6-home community. Conceptual design in supplements.

Listing Agent

Ara Hakobyan

Ara Realty License #25798 Listed on: 06/28/2025

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2400924

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,140

Lot Details

  • 5,160 Sq Ft Lot
  • Lot Dimensions are 130'x40'x130'x40'
  • Level Lot

Property Views

  • City
  • Territorial

Schools

  • Leschi Elementary School
  • Wash Mid Middle School
  • Garfield High School

Community Details

  • No Home Owners Association
  • Yesler # 42 & 47 Condos
  • Central Area Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0007600045

Property Details

Property Type

Land

Est. Annual Taxes

$8,140

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 40 - Res-Less thn 1 Ac
  • MLS Status: Active
  • Prev Status: Active
  • Building Name: Yesler # 42 & 47
  • CalculatedSquareFootage: 0
  • SeniorExemption: false
  • Restrictions: No Restrictions
  • Special Features: None
  • Cumulative Days on Market: 32

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • View: City, Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • Road Surface Type: Paved
  • View: Yes
  • Waterfront: No
  • Structure Type: Unspecified
  • RoadInformation: Paved
  • RoadOnWhichSide: West
  • WaterJurisdiction: Seattle Public Utilities

Garage/Parking

  • Carport Y N: No

Utilities

  • Sewer: On Property
  • Water Source: On Property
  • Cooling Y N: No
  • Heating Yn: No
  • Electricity On Property: Yes
  • Utilities: Electricity Connected, Natural Gas Available
  • ElectricityStatus: On Property
  • GasStatus: Available
  • SepticDesignInstalled: false

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Fee Information

  • NWM_OtherDuesOrFeesYN: false

Schools

  • Junior High Dist: Seattle
  • High School: Garfield High
  • Middle Or Junior School: Wash Mid

Lot Info

  • Parcel Number: 0007600045
  • Topography: Level
  • Lot Size Acres: 0.1185
  • Lot Size: 130'x40'x130'x40'
  • Lot Size Sq Ft: 5160
  • Zoning Description: Residential
  • Zoning: LR2 (M)
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: City

Tax Info

  • Year: 2025
  • Tax Annual Amount: 8140

MLS Schools

  • Elementary School: Leschi

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 $8,139 $810,000 $809,000 $1,000
2023 $7,167 $810,000 $809,000 $1,000
2022 $7,131 $798,000 $698,000 $100,000
2021 $7,033 $734,000 $634,000 $100,000
2020 $6,353 $689,000 $573,000 $116,000
2018 $5,552 $634,000 $535,000 $99,000
2017 $4,662 $529,000 $457,000 $72,000
2016 $4,415 $456,000 $381,000 $75,000
2015 $3,850 $423,000 $354,000 $69,000
2014 -- $376,000 $273,000 $103,000
2013 -- $321,000 $211,000 $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2025 06/28/25 For Sale $999,000 +122.0% $806 / Sq Ft
01/24/2023 01/24/23 Sold $450,000 0.0% $363 / Sq Ft
01/09/2023 01/09/23 Price Changed $450,000 -10.0% $363 / Sq Ft
12/19/2022 12/19/22 Pending -- -- --
12/08/2022 12/08/22 For Sale $500,000 -- $403 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $450,000 None Listed On Document
Warranty Deed $115,000 Stewart Title Company
Warranty Deed $65,000 Old Republic Title Ltd
Warranty Deed -- Chicago Title Insurance Co
Trustee Deed $46,200 --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $50,000 Unknown
Previous Owner $40,500 Unknown
Previous Owner $245,559 Unknown
Previous Owner $203,000 Fannie Mae Freddie Mac
Previous Owner $114,000 No Value Available
Previous Owner $52,000 No Value Available
Source: Public Records

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2400924

Northwest Multiple Listing Service (NWMLS)

APN: 000760-0045