5016 7th Ave NE Seattle, WA 98105
University District NeighborhoodEstimated payment $6,460/month
Highlights
- Deck
- Wood Flooring
- 1 Car Detached Garage
- Green Lake Elementary School Rated A-
- No HOA
- 2-minute walk to University Playground
About This Home
Investment-ready property with over 20 years of successful rental history. This classic craftsman is ideally located just two blocks from the University of Washington, making it a perennial favorite for long-term tenants. The fully furnished property features spacious, well-maintained rooms, large shared living areas, two hot water heaters and two refrigerators. The downstairs kitchenette with separate entrance supports multi tenant living. Additional amenities include free laundry, off-street alley parking for 3 cars, a detached garage, & secure bike storage. Outdoor features include a back deck & a private, fenced yard with street & alley access. Close to Trader Joe’s, UW, & I-5. With its prime location, consistent income performance, and strong occupancy history, this property represents a dependable addition to any investment portfolio. A lease is already secured for the upcoming school year.
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
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
Parking
- 1 Car Detached Garage
- Off-Street Parking
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 |
|---|---|---|---|---|
| 02/03/2026 02/03/26 | Price Changed | $1,100,000 | -8.3% | $367 / 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. ©2026 NWMLS.
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Ask me questions while you tour the home.