NOT LISTED FOR SALE

4740 17th Ave NE Seattle, WA 98105

University District Neighborhood

Estimated Value: $3,816,040

0.3 Acre
$12,827,025 Price per Acre
12,960 Sq Ft Lot

Sale Details

Date Sold: May 3, 2024

Last sale price $4,000,000

Est. 5% decrease in value since last sale

Current estimated payment $23,667 / mo

25 Days on Market

About This Lot

As of May 2024

Paragon Real Estate Advisors is pleased to announce the exclusive listing of the UW 17th Ave Development Site located blocks away from the University of Washington. The property is located at 4740 17th Ave NE and is currently a parking lot. The site is 12,960 square feet and is zoned LR3(M) in the University District Urban Center. Early design review proposed the highest and best use is a 5 story 91 unit SEDU building with a total of 34,960 gross and 29,806 rentable square feet but a townhouse project is also feasible. The average unit size is +/-327 square feet. Located in the heart of the University of Washington’s off-campus housing, the new development will benefit significantly from high rental demand of student housing.

Last Agent to Sell the Property

Brian Platt

Paragon Real Estate Advisors License #85375 Listed on: 02/16/2024

Co-Listed By

Ben Douglas

Paragon Real Estate Advisors License #22013305

Last Buyer's Agent

Brian Platt

Paragon Real Estate Advisors License #85375 Listed on: 02/16/2024

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2200603

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Lot Details

  • 12,960 Sq Ft Lot
  • Zoning described as LR3 (M)

Community Details

  • No Home Owners Association
  • University District Subdivision

Listing and Financial Details

  • Assessor Parcel Number 8823901850

Property Details

Property Type

Land

Lot Details

0.3 Acres

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 42 - Multi-Family
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 0
  • Special Features: None

Interior Features

  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Road Surface Type: See Remarks
  • View: No
  • Waterfront: No
  • Structure Type: Multi Family
  • RoadInformation: See Remarks

Garage/Parking

  • Carport Y N: No

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 8823901850
  • Lot Size Acres: 0.2975
  • Lot Size Sq Ft: 12960
  • Zoning Description: LR3 (M)
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: King County
  • ZoningJurisdiction: City

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2024
Closed on
Apr 20, 2024
Sold by
Uw 17Th Ave Llc
Bought by
Campus U Development Llc
Seller's Agent
Brian Platt
Paragon Real Estate Advisors
Buyer's Agent
Brian Platt
Paragon Real Estate Advisors
List Price
$3,850,000
Sold Price
$4,000,000
Premium/Discount to List
$150,000
3.9%
Views
19
Current Estimated Value
$3,816,040

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$183,960

Purchase Details

Closed on
Jul 18, 2022
Sold by
17Th Avenue Llc
Bought by
Uw 17Th Ave Llc and Alchemy Improvements Llc

Purchase Details

Closed on
Apr 27, 2006
Sold by
Third Church Of Christ Scientist Seattle
Bought by
17Th Avenue Llc
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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 Buyer Sale Price Title Company
Campus U Development Llc $4,000,000 Fidelity National Title
Uw 17Th Ave Llc $7,000,000 Chicago Title
17Th Avenue Llc $4,500,000 Chicago Title
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Closed 17Th Avenue Llc $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2024 05/03/24 Sold $4,000,000 +3.9% --
03/12/2024 03/12/24 Pending -- -- --
02/16/2024 02/16/24 For Sale $3,850,000 -- --
Source: Northwest Multiple Listing Service (NWMLS)

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 $36,184 $3,628,800 $3,628,800 --
2023 $31,920 $3,628,800 $3,628,800 $0
2022 $2,322 $3,628,800 $3,628,800 $0
2021 $2,161 $3,628,800 $3,628,800 $0
2020 $2,021 $0 $0 $0
2018 $1,760 $0 $0 $0
2017 $1,603 $2,397,600 $2,397,600 $0
2016 $1,466 $2,073,600 $2,073,600 $0
2015 $1,317 $1,879,200 $1,879,200 $0
2014 -- $1,425,600 $1,425,600 $0
2013 -- $1,425,600 $1,425,600 $0
Source: Public Records

Agents Affiliated with this Home

  • Brian Platt

    Seller's Agent in 2024

    Brian Platt

    Paragon Real Estate Advisors

    (206) 812-9130

    2 in this area

    47 Total Sales

    Brian Platt
    Section Image
  • Ben Douglas

    Seller Co-Listing Agent in 2024

    Ben Douglas

    Paragon Real Estate Advisors

    (206) 623-8880

    1 in this area

    35 Total Sales

    Ben Douglas
    Section Image
  • Michael Urquhart

    Buyer Co-Listing Agent in 2024

    Michael Urquhart

    Paragon Real Estate Advisors

    (206) 812-9123

    4 in this area

    88 Total Sales

    Michael Urquhart
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2200603

Northwest Multiple Listing Service (NWMLS)

APN: 882390-1850

Washington King County Seattle 98105 University District

4740 17th Ave NE, Seattle, WA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) 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. ©2026 NWMLS.
Based on information submitted to the MLS GRID
Listings courtesy of Northwest Multiple Listing Service (NWMLS) as distributed by MLS GRID

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