2531 187th Place SE Bothell, WA 98012
North Creek NeighborhoodEstimated payment $10,432/month
Highlights
- 1.02 Acre Lot
- Craftsman Architecture
- No HOA
- Crystal Springs Elementary School Rated A-
- 2 Fireplaces
- Attached Garage
About This Home
Investor / Developer Opportunity! Value is in the land. This 1,817 sq ft single-family home featuring 3 bedrooms and 2.5 baths sits on a prime 1 acre parcel that is fully approved for a 6-lot subdivision—offering a rare, shovel-ready development opportunity. All permits, engineering, and plans are in place, allowing for a seamless transition to construction and significantly reducing timeline, risk, and holding costs. The existing home provides potential interim rental income. Ideally located in a desirable and rapidly growing area, the property is surrounded by established neighborhoods with convenient access to schools, shopping, dining, and major commuter routes. Opportunities like this—where approvals are already secured—are increasingly hard to find. Bring your vision and capitalize on this ready-to-build development site!
Listing Agent
Kelly Right RE of Seattle LLC License #139791 Listed on: 04/02/2026
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2499991
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,197
Year Built
- Built in 1979
Lot Details
- 1.02 Acre Lot
- Property is in very good condition
Parking
- Attached Garage
Home Design
- Craftsman Architecture
- Split Foyer
- Poured Concrete
- Composition Roof
- Wood Siding
Interior Spaces
- 1,827 Sq Ft Home
- Multi-Level Property
- 2 Fireplaces
- Wood Burning Fireplace
Kitchen
- Stove
- Microwave
- Dishwasher
- Disposal
Flooring
- Carpet
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Dryer
- Washer
Schools
- Fernwood Elementary School
- Skyview Middle School
- Northshore Home Sc N High School
Utilities
- Forced Air Heating System
Community Details
- No Home Owners Association
- North Creek Subdivision
Listing and Financial Details
- Assessor Parcel Number 00668600003700
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $9,197 | $1,055,700 | $999,600 | $56,100 |
| 2025 | $8,700 | $994,400 | $939,900 | $54,500 |
| 2024 | $8,700 | $970,600 | $890,500 | $80,100 |
| 2023 | $7,963 | $988,800 | $756,600 | $232,200 |
| 2022 | $7,868 | $777,900 | $582,000 | $195,900 |
| 2020 | $6,205 | $577,100 | $404,700 | $172,400 |
| 2019 | $6,059 | $570,700 | $365,000 | $205,700 |
| 2018 | $5,806 | $509,300 | $325,000 | $184,300 |
| 2017 | $4,967 | $442,800 | $270,000 | $172,800 |
| 2016 | $4,667 | $405,800 | $240,000 | $165,800 |
| 2015 | $4,672 | $386,100 | $230,000 | $156,100 |
| 2013 | $3,922 | $287,500 | $156,000 | $131,500 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/02/2026 06/02/26 | Pending | -- | -- | -- | |
| 04/02/2026 04/02/26 | For Sale | $1,800,000 | +176.9% | $985 / Sq Ft | |
| 04/23/2018 04/23/18 | Sold | $650,000 | -7.0% | $355 / Sq Ft | View Prior Sale |
| 03/09/2018 03/09/18 | Pending | -- | -- | -- | |
| 08/16/2017 08/16/17 | For Sale | $699,000 | -- | $382 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $6,500,000 | Chicago Title |
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2499991
APN: 006686-000-037-00
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Based on information submitted to the MLS GRID
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