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  • Listed by: Lake & Company • Lihai Wang-Schmid
    $950,000

    1500 31st Avenue, Seattle, WA 98122

    2beds
    1,010sqft
    : 
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    Single Family Residence
    Built in 1907
    3,998 Square Feet Lot
    $-- Zestimate®
    $941/sqft
    $-- HOA

    What's special

    Exceptional opportunity for builders, developers, investors, or anyone looking to build in Seattle's sought-after Madrona neighborhood. Skip the time, expense, and uncertainty of Seattle's permitting process—Seller has already secured building permits (#7050347-CN & #7088573-CN), along with a completed survey, arborist report, and fully engineered plans (no steel beam/column, R-21 exterior wall, simple standard size window package). Approved plans feature an approximately 3,300 SF, 3-story residence with 5 bedrooms, 5.5 bathrooms, and covered view decks at levels 2&3, plus a detached 800 SF ADU with 1 bedroom, 1.5 bathrooms, a full kitchen, and a living area. Partial views of Downtown Seattle and Portage Bay. Conveniently located near parks, cafes, shopping, and local amenities. Approved plans and supporting reports transfer at closing and are included in the list price.
    4 days
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    211
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    2
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    Zillow last checked:

    Listing updated:

    Listed by:

    Lihai Wang-Schmid,

    Lake & Company,

    Andrew Schmid,

    Lake & Company

    Source: NWMLS as distributed by MLS GRID,MLS#: 2549941MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      • Main level bathrooms: 1
      • Main level bedrooms: 2
      Primary bedroom
      • Level: Main
      Bedroom
      • Level: Main
      Bathroom full
      • Level: Main
      Entry hall
      • Level: Main
      Living room
      • Level: Main
      Heating
      • Wall Furnace, Electric
      Cooling
      • Wall Unit(s)
      Features
      • Has fireplace: No
      Interior area
      • Total structure area: 1,010
      • Total interior livable area: 1,010 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: Detached Garage, Off Street
      • Has garage: Yes
      • Covered spaces: 1
      Features
      • Levels: One
      • Stories: 1
      • Entry location: Main
      • Has view: Yes
      • View description: Territorial
      Lot
      • Size: 3,998 Square Feet
      • Features: Paved, Sidewalk, Value In Land, Deck
      • Residential vegetation: Fruit Trees
      Details
      • Parcel number: 9828202360
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: 1 Story w/Bsmnt.
      • Property subtype: Single Family Residence
      Materials
      • Metal/Vinyl
      • Roof: Composition
      Condition
      • Year built: 1907

      Utilities & green energy

      • Sewer: Sewer Connected
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Madrona
      Location
      • Region: Seattle

      Financial & listing details

      • Price per square foot: $941/sqft
      • Tax assessed value: $809,000
      • Annual tax amount: $8,638
      • Date on market: 6/4/2026
      • Cumulative days on market: 37 days
      • Listing terms: Conventional

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/6/2026Listed for sale$950,000+77.6%$941/sqft
        Source: NWMLS as distributed by MLS GRID #2549941 Report a problem
        4/8/2021Listing removed--
        Source: Zillow Rental Manager Report a problem
        3/25/2021Price change$2,350-4.1%$2/sqft
        Source: Zillow Rental Manager Report a problem
        3/5/2021Listed for rent$2,450+11.4%$2/sqft
        Source: Zillow Rental Manager Report a problem
        11/8/2017Listing removed$2,200$2/sqft
        Source: Owner Report a problem
        10/23/2017Price change$2,200-12%$2/sqft
        Source: Owner Report a problem
        10/2/2017Listed for rent$2,500$2/sqft
        Source: Owner Report a problem
        6/7/2016Sold$535,000-2.7%$530/sqft
        Source: NWMLS as distributed by MLS GRID #922392 Report a problem
        4/24/2016Pending sale$549,888$544/sqft
        Source: RE/MAX Northwest Realtors #922392 Report a problem
        4/8/2016Listed for sale$549,888$544/sqft
        Source: RE/MAX Northwest Realtors #922392 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$8,639 +16.2%$809,000 +8.7%
        2024$7,432 +4.7%$744,000 +2.8%
        2023$7,098 +5.7%$724,000 -5.2%
        2022$6,715 +2.5%$764,000 +11.2%
        2021$6,549 +2.4%$687,000 +7.8%
        2020$6,394 -1.6%$637,000 -3%
        2019$6,495 +9.9%$657,000 -1.2%
        2018$5,908 +4.1%$665,000 +19.8%
        2017$5,676 +1046.1%$555,000 +40.5%
        2016$495 $395,000 +7.6%
        2015$495 $367,000 +17.3%
        2014$495 $313,000 -1.6%
        2013$495 $318,000 +13.6%
        2012-- $280,000 +235.7%
        2011-- $83,400
        2010-- $83,400
        2009-- $83,400
        2007-- $83,400
        2006-- $83,400
        2005-- $83,400
        2001$465 +2.9%$83,400
        2000$452 $83,400
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Madrona

        Getting around

        90 / 100
        Very Walkable
        57 / 100
        Good Transit
        84 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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