Listed by Realty ONE Group Orca Gold, Bought with Pellego, Inc.
NOT LISTED FOR SALE

8519 23rd Ave NE Seattle, WA 98115

Wedgwood Neighborhood

Estimated Value: $1,134,468 - $1,585,000

8 Beds
4 Baths
3,800 Sq Ft
$336/Sq Ft Est. Value

Sale Details

Date Sold: June 30, 2025

Last sale price $1,165,000 $307 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $7,911 / mo

6 Days on Market

Highlights

  • Deck
  • No HOA
  • Wood Siding
  • Wedgwood Elementary School Rated A
  • Baseboard Heating
  • Carpet

About This Home

As of June 2025

Great Seattle 4-Plex opportunity with a tremendous upside. Two 2-bd, 1-bath flats and two 2-bed, 1.5bath two floor units and a shared laundry room for the building. Current tenants are awesome. All but one has been with us long term. Seller is providing a Pre-List inspection for buyer to review...Seller to make no repairs. Property priced to reflect needed repairs and cosmetic maintenance. The identical property next door SOLD on a seller contract for $1.94M and the rent for the units are $2000/month for the smaller units and more for the two level units. Again, this property has a great upside. We have included a neighborhood map showing that the area is in progression with lots of new homes/condos being built. DO NOT DISTURB TENANTS...

Last Agent to Sell the Property

Tom Perry

Realty ONE Group Orca Gold License #24032450 Listed on: 05/16/2025

Realty ONE Group Orca Gold

Last Buyer's Agent

Janghyuk Boo

Pellego, Inc. License #25005213

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2371423

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,574

Year Built

  • Built in 1970

Lot Details

  • 6,289 Sq Ft Lot
  • Property is in average condition

Parking

  • Open Parking

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,800 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Vinyl

Additional Features

  • Deck
  • Baseboard Heating

Community Details

  • No Home Owners Association
  • Wedgwood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5101400475

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,574

Year Built

Built in 1970

Lot Details

6,289 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1970
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • Structure Type: Quadruplex
  • CalculatedSquareFootage: 3800
  • Special Features: None

Interior Features

  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: Coin Op Laundry

Exterior Features

  • Roof: Composition
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Construction Type: Wood
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Average

Garage/Parking

  • Carport Y N: No
  • Open Parking: Yes
  • Total Parking Spaces: 9

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • PowerCompany: Seattle
  • SewerCompany: Seattle
  • WaterCompany: Seattle

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 5101400475
  • Lot Size Acres: 0.1444
  • Lot Size Sq Ft: 6289
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Deck
  • MLSLotSizeSource: KCAR
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 15.63
  • LeasedItems: None
  • TotalMonthlyIncome: 6880

Tax Info

  • Year: 2025
  • Tax Annual Amount: 9574

Multi Family

  • Number Of Units Total: 4
  • EnergySource: Electric
  • UnitsBelowGrade: false

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2025
Closed on
Jun 25, 2025
Sold by
Bought by
Seller's Agent
Tom Perry
Realty ONE Group Orca Gold
Buyer's Agent
Janghyuk Boo
Pellego, Inc.
List Price
$1,250,000
Sold Price
$1,165,000
Premium/Discount to List
-$85,000
-6.8%
Views
24
Current Estimated Value
$1,277,867

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,867
Avg. Annual Appreciation
8.85%
Original Mortgage
$1,106,000
Interest Rate
0.0681%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 20, 2013
Closed on
Mar 13, 2014
Sold by
Bought by
Seller's Agent
Chris Nye
MLS4owners.com
Buyer's Agent
Tom Perry
Realty ONE Group Orca Gold
List Price
$649,500
Sold Price
$625,000
Premium/Discount to List
-$24,500
-3.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.67%
Original Mortgage
$613,679
Interest Rate
0.0312%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 29, 1996
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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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
$1,165,000 First American Title
$625,000 First American
-- --
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
Open $1,109,344
Closed $1,106,000
Previous Owner $604,094
Previous Owner $613,679
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft Prior Sale
06/30/2025 06/30/25 Sold $1,165,000 -6.8% $307 / Sq Ft
05/22/2025 05/22/25 Pending -- -- --
05/16/2025 05/16/25 For Sale $1,250,000 +100.0% $329 / Sq Ft
03/17/2014 03/17/14 Sold $625,000 -3.8% $164 / Sq Ft View Prior Sale
01/10/2014 01/10/14 Pending -- -- --
08/20/2013 08/20/13 For Sale $649,500 -- $171 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

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 $10,731 $984,000 $981,000 $3,000
2024 $9,574 $944,300 $943,300 $1,000
2023 $9,458 $1,070,100 $1,069,100 $1,000
2022 $10,176 $1,070,100 $1,069,100 $1,000
2021 $10,642 $1,070,100 $1,069,100 $1,000
2020 $9,348 $1,070,100 $1,069,100 $1,000
2018 $8,238 $892,000 $754,600 $137,400
2017 $7,150 $804,000 $691,700 $112,300
2016 $6,424 $719,000 $471,600 $247,400
2015 $5,002 $629,000 $408,700 $220,300
2014 -- $495,000 $408,700 $86,300
2013 -- $471,000 $377,300 $93,700
Source: Public Records

Agents Affiliated with this Home

  • Tom Perry

    Seller's Agent in 2025

    Tom Perry

    Realty Executives

    (206) 713-2538

    1 in this area

    21 Total Sales

    Tom Perry
    Section Image

  • J

    Buyer's Agent in 2025

    Janghyuk Boo

    Pellego, Inc.

    (206) 234-7145

    1 in this area

    3 Total Sales

    Janghyuk Boo
    Section Image
  • Chris Nye

    Seller's Agent in 2014

    Chris Nye

    MLS4owners.com

    (253) 460-1900

    771 Total Sales

    Chris Nye
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2371423

Northwest Multiple Listing Service (NWMLS)

APN: 510140-0475

Washington King County Seattle 98115 Wedgwood

8519 23rd 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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