Listed by Berkshire Hathaway HS NW
NOT LISTED FOR SALE

Estimated Value: $704,000 - $2,406,811

3 Beds
2 Baths
2,570 Sq Ft
$699/Sq Ft Est. Value

Last Sold February 01, 2023

Last sale price $2,177,752 $847 Per Sq Ft

Est. 18% decrease in value since last sale

Current estimated payment $10,824/month

14 Days on Market

Highlights

  • RV Access or Parking
  • Property is near public transit
  • Garden
  • 1.01 Acre Lot
  • No HOA
  • 4-minute walk to South Park Meadow

About This Home

As of February 2023

Development opportunity in a quiet location in South Park. This level 43,995 SF lot (1.01 Lot Acres) is Zoned RSL (M). No access to the house, it is a Fixer and potentially unsafe. Potential to build Townhomes, Row houses or Stand Alone Homes. Buyer to verify all information. "Sold As IS" Great access to downtown Seattle, SeaTac Airport, Boeing and Transit Center.

Last Agent to Sell the Property

The Henke/Knitte Real Estate Team

Berkshire Hathaway HS NW License #90046 Listed on: 07/01/2022

Berkshire Hathaway HS NW

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1961394

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,522

Year Built

  • Built in 1900

Lot Details

  • 1.01 Acre Lot
  • Property is Fully Fenced
  • Level Lot
  • Garden
  • Zoning described as RSL ( M )

Home Design

  • Fixer Upper
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,570 Sq Ft Home
  • 2-Story Property

Parking

  • Driveway
  • RV Access or Parking

Schools

  • Concord Elementary School
  • Denny Mid Middle School
  • Sealth High School

Additional Features

  • Outbuilding
  • Property is near public transit

Community Details

  • No Home Owners Association
  • Secondary HOA Phone (206) 713-0788
  • South Park Subdivision

Listing and Financial Details

  • Tax Lot 7-8
  • Assessor Parcel Number 2433200075

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,522

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 12 - 2 Story
  • Year Built: 1900
  • Inclusions: LeasedEquipment
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Excelsior Acre Tracts
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 2570
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: None
  • Cumulative Days on Market: 942

Interior Features

  • Fireplace: No
  • Interior Amenities: Forced Air
  • Living Area: 2570
  • Bathrooms: 0
  • BathsFullMain: 0
  • SquareFootageFinished: 2570
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Property Condition: Fixer
  • Structure Type: House
  • BusLineNearby: true

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Open Parking: No
  • Parking Features: RV Parking, Driveway

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • HeatingCoolingType: Forced Air
  • PowerCompany: Seattle City Light
  • SewerCompany: Seattle
  • WaterCompany: Seattle

Condo/Co-op/Association

  • Senior Community: No
  • Phone: 206-713-0788
  • Association: No

Schools

  • Junior High Dist: Seattle
  • High School: Sealth High
  • Middle Or Junior School: Denny Mid

Lot Info

  • Parcel Number: 2433200075
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 1.01
  • Lot Size Sq Ft: 43995
  • Zoning Description: RSL ( M )
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Fully,Outbuildings,RV Parking
  • MLSLotSizeSource: KCR
  • MLSSquareFootageSource: KCR
  • ZoningJurisdiction: City
  • LotNumber: 7-8

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • ShortTermRentalYN: false

Tax Info

  • Year: 2022
  • Tax Annual Amount: 13522

Multi Family

  • EnergySource: Electric

MLS Schools

  • Elementary School: Concord

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 22, 2025
Sold by
9124 7Th Ave South Llc
Bought by
City Of Seattle
Current Estimated Value
$1,795,604

Purchase Details

Listed on
Jul 1, 2022
Closed on
Jan 31, 2023
Sold by
Kelly Michelle Ann
Bought by
9124 7Th Ave South Llc
Seller's Agent
The Henke/Knitte Real Estate Team
Berkshire Hathaway HS NW
Buyer's Agent
The Henke/Knitte Real Estate Team
Berkshire Hathaway HS NW
List Price
$2,419,725
Sold Price
$2,177,752
Premium/Discount to List
-$241,973
-10%
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.34%
Original Mortgage
$5,200,000
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 16, 2021
Sold by
Budinich Joseph A and Estate Of Michael J Budinich
Bought by
Kelly Michelle

Purchase Details

Closed on
Oct 16, 2006
Sold by
Budinich Michael J
Bought by
Budinich Michael J and Kelly Michelle A

Purchase Details

Closed on
Jun 24, 2002
Sold by
Encinas Patricia H and Budinich Joseph A
Bought by
Budinich Michael J

Purchase Details

Closed on
Nov 27, 2001
Sold by
Encinas Patricia H
Bought by
Encinas Patricia H and Budinich Joseph A
Source: Public Records

Range of Values:

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Average Value
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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

Date Buyer Sale Price Title Company
City Of Seattle $313 None Listed On Document
9124 7Th Ave South Llc -- Stewart Title Guaranty Company
Kelly Michelle -- None Available
Budinich Michael J -- None Available
Budinich Michael J -- --
Encinas Patricia H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 9124 7Th Ave South Llc $5,200,000
Previous Owner Kelly Louis $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2023 02/01/23 Sold $2,177,752 0.0% $847 / Sq Ft
07/15/2022 07/15/22 Pending -- -- --
07/08/2022 07/08/22 Price Changed $2,177,752 -10.0% $847 / Sq Ft
07/01/2022 07/01/22 For Sale $2,419,725 -- $942 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

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 $12,491 $767,000 $767,000 --
2023 $11,739 $677,000 $677,000 $0
2022 $13,522 $693,000 $616,000 $77,000
2021 $5,830 $967,000 $670,000 $297,000
2020 $5,493 $535,000 $534,000 $1,000
2018 $5,134 $535,000 $534,000 $1,000
2017 $4,902 $638,000 $504,000 $134,000
2016 $4,637 $564,000 $472,000 $92,000
2015 $4,189 $576,000 $575,000 $1,000
2014 -- $515,000 $514,000 $1,000
2013 -- $515,000 $514,000 $1,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1961394

Northwest Multiple Listing Service (NWMLS)

APN: 243320-0075