Estimated Value: $911,000 - $1,306,000
Investment and development opportunity above South Lake Union’s booming, dynamic and new technology district. Twin valuable investments share 9,000 SF of coveted Lake Union LR3-zoned land. Two tax parcels: 3,080 SF duplex + 2,700+ SF residence, each charmingly fit to occupy today. Ideal position for new 25+ unit apartment building, luxury row houses or a grand view home with. Canlis-class panoramic vistas encompass Gasworks Park, Lake Union maritime traffic, downtown skyline, Cascades Mountains.
Last Agent to Sell the Property
Windermere Real Estate Co. License #2270 Listed on: 10/05/2016
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: NWM1039149
Property Type
Est. Annual Taxes
Year Built
Lot Details
Property Views
Community Details
Listing and Financial Details
$995,000
Builder Opportunity. Queen Anne property on quiet street zoned LR2 (m) with Lake Union views. Available FAR = 4,645 sf. Corner Lot. Existing house and garage on site. Can conceptually accommodate 3 attached townhomes, 2 detached homes, or renovate the existing home and build 1 new detached beside it on level garage/yard area.
Chris Austin Windermere Real Estate Co.
$1,100,000
Queen Anne South Slope with sweeping views from Cascades, Lake Union, Downtown & Elliot Bay. Perched atop the Emerald city’s doorstep, this lot is ready for your plans to build your custom home. Topographical Survey, Pan Geo and expired WAC are available for review. Buyer to verify all to own satisfaction.
Stephen Kennedy COMPASS
$1,450,000
URBAN VILLAGE JACKPOT! Zoned LR3 (M1), this prime 5,000sf (100'x50') dream lot in the heart of Ballard is an extraordinary high-density development opportunity! With potential building heights up to 50', can you imagine the possibilities? That's a lot of units! Substantial gains await. Put your signature stamp on the rich heritage of Salmon Bay. All utilities on site. 2 existing homes with rental
Nicholas Southard Upgrade Realty
$1,100,000
Rare Development Opportunity! Great Value! NO PARKING REQUIRED within Urban Village. Zoned MR(M2) - Midrise Multifamily. Zoning designations that generally allow for a mix of residential and commercial uses, with varying density and intensity. MR: Typically allows for low-density residential development, such as single-family homes and duplexes. M2: Permits higher-density residential and
Gregory Perry The Preview Group
$1,185,000
Prime Ballard development opportunity! Rarely available 4,750 square foot level lot (50' x 95') in the heart of Ballard, zoned LR2 (M) and currently home to a side-by-side duplex with alley access. First time on the market in 60 years, this property presents a range of possibilities in a very desirable location. Surrounded by vibrant neighborhood amenities, including shopping, restaurants, parks,
Michael Mallagh Windermere West Metro
$1,300,000
Rare vacant lot with sweeping city and Mt. Rainier views in one of Seattle's most sought-after neighborhoods. Build your dream home in this stunning location, with easy access to Seattle's tech hub, Discovery Park, Smith Cove Marina, Pike Place Market, and the Seattle waterfront. Enjoy a short stroll to Magnolia Village, where cozy cafes and lively pubs await. This street-to-street lot offers
Padraic Jordan Windermere Real Estate Co.
$999,000
Development Opportunity! Builder and Flipper Alert! Home in LR2 (M) Zoning. Ready to break dirt. Approved Permits and plan set for 4 townhomes with 2 ADU's. Located in the Central District with a “walk score” of 92. Existing home has good bones if you decide to go a different route. Across the street from Garfield High School. Build your multi family investment project on this 5,000+ sq ft lot.
Ara Hakobyan Ara Realty
$950,000
Builders, developers, and investors! Here’s your chance to capitalize on LR2(M) zoning in a prime Seattle location. This 4,800 SF corner lot offers excellent potential for redevelopment. The existing duplex, built in 1900 with 2,750 square feet, is most likely a tear-down with the value in the land. Surrounded by newer townhomes and multi-family construction, this is an ideal site for townhomes
Robert Calkins Realty One Group Orca
$999,950
Prime Location! Exceptional redevelopment opportunity on flat, multi-family zoned land in the vibrant Central neighborhood of downtown Seattle. Currently home to a barber shop, this property is surrounded by thriving businesses, shopping, and residential developments. The NC2P55 (M) zoning promotes pedestrian-oriented development with a maximum height of 55 feet and may allow specific
J.C. Gagnaire Windermere R.E. Shoreline
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Chung Keun Hee | $1,150,000 | Chicago Title | |
| Chung Keun Hee | -- | Chicago Title | |
| French Carl | -- | None Available | |
| French Carl A | $605,571 | Chicago Title | |
| Estate Of Donald J Murtha | -- | -- |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Chung Keun Hee | $624,000 | |
| Previous Owner | French Carl A | $417,000 | |
| Previous Owner | French Carl A | $454,300 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/27/2017 01/27/17 | Sold | $1,150,000 | -41.3% | $747 / Sq Ft |
| 10/17/2016 10/17/16 | Pending | -- | -- | -- |
| 10/06/2016 10/06/16 | For Sale | $1,958,000 | -- | $1,271 / Sq Ft |
| 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 | $10,364 | $1,052,000 | $820,000 | $232,000 |
| 2023 | $9,767 | $1,053,000 | $820,000 | $233,000 |
| 2022 | $10,911 | $1,140,000 | $868,000 | $272,000 |
| 2021 | $10,444 | $1,181,000 | $895,000 | $286,000 |
| 2020 | $10,851 | $1,072,000 | $822,000 | $250,000 |
| 2018 | $9,548 | $1,110,000 | $878,000 | $232,000 |
| 2017 | $8,544 | $960,000 | $759,000 | $201,000 |
| 2016 | $6,446 | $888,000 | $705,000 | $183,000 |
| 2015 | $5,288 | $648,000 | $452,000 | $196,000 |
| 2014 | -- | $541,000 | $362,000 | $179,000 |
| 2013 | -- | $508,000 | $342,000 | $166,000 |
Seller's Agent in 2017
Edward Krigsman
Windermere Corporate
(206) 387-6789
2 in this area
130 Total Sales
H
Buyer's Agent in 2017
Hyun Joo Chang
John L Scott
(206) 448-9600
11 Total Sales
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: NWM1039149
APN: 192930-0660
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