Listed by Windermere Real Estate Co., Bought with AgencyOne
$650,000
SOLD APR 14, 2025
0.11 Acre
$5,662,021 Price per Acre
5,000 Sq Ft Lot

Recently Sold

$344 Per Sq Ft

19% Below List Price

About This Lot

As of April 2025

Prime builder opportunity in the heart of the city! This 5,000 sq ft lot, zoned L3 (Lowrise 3), offers incredible potential for a 4-6 unit multifamily project. Convenient alley access provides flexibility for parking and site design. The property was previously close to permit approval, with documentation available on Seattle DPD—saving time on preliminary steps. Perfect for developers or investors seeking a project with high upside in a desirable location. Don’t miss this chance to bring your vision to life in a growing neighborhood.

Last Agent to Sell the Property

Jamin Glenn-harrison

Windermere Real Estate Co. License #78822 Listed on: 11/19/2024

Windermere Real Estate Co.

Last Buyer's Agent

John Ward

AgencyOne License #24009142

AgencyOne

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2311832

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,291

Lot Details

  • 5,000 Sq Ft Lot
  • Zoning described as Multi-Family

Utilities

  • Sewer in Street

Community Details

  • No Home Owners Association
  • Licton Springs Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4310701460

Property Details

Property Type

Land

Est. Annual Taxes

$10,291

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 40 - Res-Less thn 1 Ac
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 0
  • SeniorExemption: false
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • Road Surface Type: Paved
  • View: No
  • Waterfront: No
  • Structure Type: Unspecified
  • RoadInformation: Paved

Garage/Parking

  • Carport Y N: No

Utilities

  • Sewer: In Street
  • Water Source: In Street
  • Cooling Y N: No
  • Heating Yn: No
  • Electricity On Property: Yes
  • Utilities: Electricity Connected
  • ElectricityStatus: On Property
  • GasStatus: Not Available

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 4310701460
  • Lot Size Acres: 0.1148
  • Lot Size Sq Ft: 5000
  • Zoning Description: Multi-Family
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: KCR
  • ZoningJurisdiction: City

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2024
  • Tax Annual Amount: 10291

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2024
Closed on
Apr 11, 2025
Sold by
Inca Builders Llc
Bought by
Childeres Elias Ramos and Angulo Claudia I
Seller's Agent
Jamin Glenn-harrison
Windermere Real Estate Co.
Buyer's Agent
John Ward
AgencyOne
List Price
$799,950
Sold Price
$650,000
Premium/Discount to List
-$149,950
-18.74%
Views
3
Current Estimated Value
$860,157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,157
Avg. Annual Appreciation
71.93%

Purchase Details

Closed on
Feb 5, 2020
Sold by
Rpm 1 Llc
Bought by
Inca Builders Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,210,000
Interest Rate
3.74%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 6, 2016
Sold by
Lavina St Luise Family Limited Partnersh
Bought by
Larson Christina R

Purchase Details

Closed on
Dec 17, 1998
Sold by
St Luise Lavina
Bought by
Lavina St Luise Family Ltd Partnership
Source: Public Records

Range of Values:

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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

Date Type Sale Price Title Company
Bargain Sale Deed $650,000 Stewart Title
Warranty Deed $1,008,000 Old Republic Title Ltd
Warranty Deed -- None Available
Warranty Deed -- None Available
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,210,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2025 04/14/25 Sold $650,000 -18.7% $344 / Sq Ft
12/20/2024 12/20/24 Pending -- -- --
11/19/2024 11/19/24 For Sale $799,950 -- $423 / 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 $9,859 $997,000 $875,000 $122,000
2023 $10,291 $1,056,000 $1,055,000 $1,000
2022 $8,235 $943,000 $942,000 $1,000
2021 $7,284 $859,000 $858,000 $1,000
2020 $6,944 $716,000 $715,000 $1,000
2018 $6,451 $712,000 $685,000 $27,000
2017 $5,300 $623,000 $499,000 $124,000
2016 $4,927 $525,000 $420,000 $105,000
2015 $4,258 $477,000 $382,000 $95,000
2014 -- $420,000 $342,000 $78,000
2013 -- $382,000 $326,000 $56,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2311832

Northwest Multiple Listing Service (NWMLS)

APN: 431070-1460