702 S Director St Seattle, WA 98108
South Park NeighborhoodEstimated payment $5,428/month
Highlights
- Territorial View
- No HOA
- 4-minute walk to Marra-Desimone Park
- Corner Lot
About This Lot
Exciting development opportunity in Seattle’s vibrant South Park neighborhood! This fully subdivided 3-lot property includes an updated 3-bedroom single-family home and two additional legal unit lots ready for construction. Permit approved plans for two new 2,000+ SF homes are included, ideal for a builder, investor, or owner-occupant looking to build equity. The existing home is move-in ready with modern upgrades, offering immediate use or rental income while you build. Assigned addresses in place for all three parcels. Don’t miss this shovel-ready project in a fast-growing area with strong resale demand.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2454976
Property Details
Property Type
- Land
Est. Annual Taxes
- $4,931
Lot Details
- 6,000 Sq Ft Lot
- Corner Lot
- Level Lot
Property Views
- Territorial Views
Schools
- Concord Elementary School
- Denny Mid Middle School
- Sealth High School
Community Details
- No Home Owners Association
- South Park Condos
- Burien Subdivision
Listing and Financial Details
- Legal Lot and Block 47-48 / 10
- Assessor Parcel Number 7883602360
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 | $4,931 | $451,000 | $293,000 | $158,000 |
| 2023 | $4,212 | $413,000 | $259,000 | $154,000 |
| 2022 | $3,793 | $434,000 | $236,000 | $198,000 |
| 2021 | $3,606 | $356,000 | $189,000 | $167,000 |
| 2020 | $3,473 | $321,000 | $168,000 | $153,000 |
| 2018 | $2,750 | $287,000 | $171,000 | $116,000 |
| 2017 | $2,378 | $236,000 | $143,000 | $93,000 |
| 2016 | $2,205 | $209,000 | $134,000 | $75,000 |
| 2015 | $1,949 | $190,000 | $101,000 | $89,000 |
| 2014 | -- | $171,000 | $91,000 | $80,000 |
| 2013 | -- | $136,000 | $91,000 | $45,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/06/2025 11/06/25 | For Sale | $950,000 | +137.5% | $638 / Sq Ft | |
| 02/07/2023 02/07/23 | Sold | $400,000 | -4.8% | $426 / Sq Ft | View Prior Sale |
| 01/08/2023 01/08/23 | Pending | -- | -- | -- | |
| 01/03/2023 01/03/23 | Price Changed | $420,000 | -6.7% | $447 / Sq Ft | |
| 11/21/2022 11/21/22 | For Sale | $450,000 | -- | $479 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $400,000 | First American Title | |
| Interfamily Deed Transfer | -- | Commonwealth L | |
| Quit Claim Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $200,000 | New Conventional |
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2454976
APN: 788360-2360
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