5-minute walk to Greenwood P-Patch Community Gardens
Greenwood Elementary School Rated A-
About This Lot
Don’t miss this rare opportunity to acquire a flat, alley-access lot in the heart of Greenwood, one of Seattle’s most vibrant and walkable neighborhoods. This shovel-ready site comes with approved plans and permits for a 73-unit SEDU (Small Efficiency Dwelling Unit) apartment building, designed by the innovative minds at Cone Architecture—known for their future-forward, urban-centric designs. Zoned NC2-55 (M), this project features efficient unit layouts ranging from approximately 256 to 369 sq ft. No parking is required, aligning with the city's push for sustainable, transit-oriented development. This is a turn-key opportunity to bring a modern, high-density project to life in a sought-after neighborhood.
Collateral Analytics
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ICE
ICE Mortgage Technology
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First American
First American
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Quantarium
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Average Value
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List Price
Sold Price
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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 AssessmentTax 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
$8,057
$794,800
$793,800
$1,000
2023
$7,890
$794,800
$793,800
$1,000
2022
$7,188
$777,900
$776,900
$1,000
2021
$7,191
$744,100
$743,100
$1,000
2020
$6,472
$710,300
$709,300
$1,000
2018
$11,346
$507,800
$506,800
$1,000
2017
$9,392
$1,069,400
$1,068,400
$1,000
2016
$8,352
$905,000
$904,000
$1,000
2015
$7,328
$781,800
$780,800
$1,000
2014
--
$699,600
$698,600
$1,000
2013
--
$658,500
$657,500
$1,000
Source: Public Records
Property History
Date
Event
Price
Change
Sq Ft Price
08/22/202508/22/25
Pending
--
--
--
08/21/202508/21/25
Price Changed
$1,395,000
-15.5%
--
06/11/202506/11/25
Price Changed
$1,650,000
-10.8%
--
05/21/202505/21/25
For Sale
$1,850,000
--
--
Source: Northwest Multiple Listing Service (NWMLS)
Michael Peters provides comprehensive and confidential representation to Buyers and Sellers in the Greater Seattle area. Michael has been dedicated to education throughout his 4 decades in the Seattle area real estate market. His challenging work and determination to put his client’s needs first has helped him rise to the top. RE/MAX has recognized Michael International with multiple Platinum Club awards, the RE/MAX Hall of Fame award as well as the Lifetime Achievement Award for excellence in
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Mike PetersRE/MAX Northwest
Source: Northwest Multiple Listing Service (NWMLS)
This home is located at 325 NW 85th St, Seattle, WA 98117 and is currently priced at $1,395,000. 325 NW 85th St is a home located in King County with nearby schools including Greenwood Elementary School, Robert Eagle Staff Middle School, and Ballard High School.
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