5016 7th Ave NE Seattle, WA 98105
University District NeighborhoodEstimated payment $7,049/month
Highlights
- Deck
- Wood Flooring
- 1 Car Detached Garage
- Hamilton International Middle School Rated A
- No HOA
- 2-minute walk to University Playground
About This Home
Turnkey Investment Property Proven 20+ Year Rental History. This classic Craftsman offers investors a rare opportunity to acquire a high-performing asset. Located just two blocks from the University of Washington, it’s ideally positioned to attract long-term tenants year after year. The property features spacious, well-maintained rooms, off-street parking for 3+ vehicles, a detached garage, two hot water heaters, two fridges and generous common areas. Furnishings are included for immediate rental continuity. With its prime location, stable cash flow, and minimal vacancy history, this property is a solid addition to any real estate portfolio.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2353618
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,839
Year Built
- Built in 1927
Lot Details
- 4,280 Sq Ft Lot
- Partially Fenced Property
- Sloped Lot
Parking
- 1 Car Detached Garage
- Off-Street Parking
Home Design
- Block Foundation
- Composition Roof
- Cement Board or Planked
Interior Spaces
- 3,000 Sq Ft Home
- 2-Story Property
- Wood Burning Fireplace
- Dining Room
- Natural lighting in basement
Kitchen
- Stove
- Microwave
- Dishwasher
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- Walk-In Closet
- Bathroom on Main Level
Laundry
- Dryer
- Washer
Outdoor Features
- Deck
- Patio
Schools
- Green Lake Elementary School
- Hamilton Mid Middle School
- Lincoln High School
Utilities
- Forced Air Heating System
Community Details
- No Home Owners Association
- University District Subdivision
Listing and Financial Details
- Assessor Parcel Number 2862100955
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 | $8,839 | $897,000 | $648,000 | $249,000 |
| 2023 | $7,958 | $819,000 | $612,000 | $207,000 |
| 2022 | $8,050 | $960,000 | $578,000 | $382,000 |
| 2021 | $7,641 | $857,000 | $511,000 | $346,000 |
| 2020 | $7,390 | $771,000 | $441,000 | $330,000 |
| 2018 | $6,412 | $689,000 | $345,000 | $344,000 |
| 2017 | $5,566 | $632,000 | $321,000 | $311,000 |
| 2016 | $5,203 | $566,000 | $287,000 | $279,000 |
| 2015 | $4,834 | $517,000 | $260,000 | $257,000 |
| 2014 | -- | $492,000 | $212,000 | $280,000 |
| 2013 | -- | $419,000 | $181,000 | $238,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/31/2025 07/31/25 | Price Changed | $1,200,000 | -4.0% | $400 / Sq Ft |
| 06/02/2025 06/02/25 | Price Changed | $1,250,000 | -2.0% | $417 / Sq Ft |
| 04/10/2025 04/10/25 | For Sale | $1,275,000 | -- | $425 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Accommodation | |
| Warranty Deed | $345,000 | Transnation Ti | |
| Warranty Deed | $59,500 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $276,000 | Purchase Money Mortgage | |
| Closed | $34,500 | No Value Available |
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2353618
APN: 286210-0955
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.
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
- 5020 7th Ave NE
- 5011 8th Ave NE
- 5023 9th Ave NE
- 400 NE 50th St
- 4738 4th Ave NE
- 4547 8th Ave NE Unit 306
- 4547 8th Ave NE Unit 414
- 4547 8th Ave NE Unit 204
- 329 NE 51st St
- 324 NE 50th St
- 4701 5th Ave NE
- 340 NE 53rd St
- 5031 12th Ave NE
- 5210 11th Ave NE Unit 1-5
- 1017 NE 55th St
- 328 NE 55th St
- 154 NE 52nd St
- 4747 Thackeray Place NE
- 1159 NE 55th St
- 5210 Brooklyn Ave NE
- 4750 Roosevelt Way NE
- 4547 8th Ave NE Unit 408
- 4545 8th Ave NE
- 4528 8th Ave NE Unit 5A
- 1100 NE 47th St
- 4744 12th Ave NE
- 5001 Brooklyn Ave NE
- 4737 Brooklyn Ave NE
- 400 NE 45th St
- 4717 Brooklyn Ave NE
- 907 NE 45th St
- 4700 Brooklyn NE
- 4730 University Way NE
- 4710 University Way NE
- 4322 7th Ave NE
- 4759 15th Ave NE
- 4719 15th Ave NE
- 4302 7th Ave NE
- 5260 University Way NE
- 4731 15th Ave NE