807 N N 49th St Seattle, WA 98103
Wallingford NeighborhoodEstimated payment $6,844/month
Highlights
- City View
- B.F. Day Elementary School Rated A-
- No HOA
About This Lot
TOWNHOUSE REDEVELOPMENT OPPORTUNITY NEAR FREMONT/WALLINGFORD/GREENLAKE | 4,000 SF LOT WITh LR2 (M) ZONING 807 N 49th St is located just blocks from the Woodland Park Zoo, this 4,000 square foot lot is zoned LR2 (M), a highly desirable zoning code for townhome and small-scale multifamily development. Historically, LR-zoned sites were subject to unit-count density caps that limited overall development potential. However, with the implementation of HB 1110 in June 2025, those constraints have been removed in favor of a building envelope driven by FAR, height, and setback standards, meaning the total buildable size is now the primary limitation rather than the number of units. This shift allows developers to increase unit count through more efficient design, creating a more compelling development opportunity for 4+ luxury townhomes (buyer to verify) with skyline views in one of Seattle’s most sought-after neighborhoods. The existing structure on the site currently operates as a 5 Unit apartment building producing $50,311 in annual net operating income.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2507351
Property Details
Property Type
- Land
Est. Annual Taxes
- $10,952
Lot Details
- 4,000 Sq Ft Lot
- Zoning described as Multi-Family
Property Views
- City Views
Community Details
- No Home Owners Association
- Wallingford Subdivision
Listing and Financial Details
- Assessor Parcel Number 9521100995
Map
Home Values in the Area
Average Home Value in this Area
Tax 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.
| 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 |
|---|---|---|---|---|
| 2025 | $5,500 | $76,485 | $20,221 | $56,264 |
| 2024 | $5,500 | $69,977 | $18,500 | $51,477 |
| 2023 | $5,191 | $62,174 | $16,437 | $45,737 |
| 2022 | $4,640 | $56,240 | $14,868 | $41,372 |
| 2021 | $4,372 | $52,526 | $13,886 | $38,640 |
| 2020 | $4,120 | $49,882 | $13,187 | $36,695 |
| 2019 | $3,878 | $46,359 | $12,256 | $34,103 |
| 2018 | $3,671 | $42,838 | $11,325 | $31,513 |
| 2017 | $3,403 | $38,947 | $10,296 | $28,651 |
| 2016 | $3,207 | $35,835 | $9,439 | $26,396 |
| 2015 | $3,048 | $33,600 | $8,850 | $24,750 |
| 2014 | $3,048 | $33,450 | $8,800 | $24,650 |
| 2013 | $3,048 | $35,567 | $9,776 | $25,791 |
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2507351
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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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