2634 Thorndyke Ave W Seattle, WA 98199
Southeast Magnolia NeighborhoodEstimated payment $55,825/month
Highlights
- 1.11 Acre Lot
- No HOA
- Carpet
- Mcclure Middle School Rated A-
- Baseboard Heating
- 5-minute walk to Bayview Playground
About This Home
Opportunities are Abundant! The Magnolia Portfolio offers a new investor the ability to acquire a 5 building assemblage suitable for a value add opportunity located in a core Seattle area. The current arrangement offers 41 residential units plus 2 commercial spaces and a single family house. All together the assemblage represents 48,462 square feet of LR3 (M) zoned dirt. The property is suitable for immediate development as multiple asset types depending on need allowing a new owner to operate the assets "as is" while navigating the permit process to maintain cash flow.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2446245
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $87,742
Year Built
- Built in 1947
Lot Details
- 1.11 Acre Lot
- 277110-4280,277110-4290,277110-4305,277160-0270
Home Design
- Flat Roof Shape
- Poured Concrete
- Wood Composite
Interior Spaces
- 25,724 Sq Ft Home
- 4-Story Property
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 44 Bedrooms
- 41 Bathrooms
Parking
- 20 Parking Spaces
- 1 Covered Space
- Open Parking
Utilities
- Baseboard Heating
Community Details
- No Home Owners Association
- Magnolia Subdivision
Listing and Financial Details
- Assessor Parcel Number 2771104250
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 | $6,886 | $683,100 | $576,000 | $107,100 |
| 2023 | $5,318 | $626,000 | $576,000 | $50,000 |
| 2022 | $5,708 | $590,500 | $528,000 | $62,500 |
| 2021 | $6,371 | $590,500 | $528,000 | $62,500 |
| 2020 | $6,288 | $634,600 | $528,000 | $106,600 |
| 2018 | $6,040 | $634,600 | $480,000 | $154,600 |
| 2017 | $5,639 | $592,700 | $400,000 | $192,700 |
| 2016 | $5,295 | $572,900 | $320,000 | $252,900 |
| 2015 | $4,915 | $525,300 | $320,000 | $205,300 |
| 2014 | -- | $499,300 | $288,000 | $211,300 |
| 2013 | -- | $474,000 | $272,000 | $202,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/20/2025 10/20/25 | For Sale | $9,250,000 | -- | $360 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $500,000 | Chicago Title | |
| Warranty Deed | $373,400 | Chicago Title Insurance Co | |
| Gift Deed | -- | Chicago Title Insurance Co | |
| Warranty Deed | $165,000 | Chicago Title Insurance Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $285,000 | Commercial |
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2446245
APN: 277110-4305
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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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