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  • Listed by: Lake & Company • Lihai Wang-Schmid
    Bought with: WPI Real Estate Services, Inc.
    Zillow Home logoZestimate®
    $840,000

    1500 31st Avenue, Seattle, WA 98122

    2beds
    1,010sqft
    Single Family Residence
    Built in 1907
    3,998 Square Feet Lot
    $840,000 Zestimate®
    $832/sqft
    $2,721 Estimated rent

    Home value

    $840,000

    $781,000 - $907,000

    $2,721/mo

    Zestimate® history
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    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Lihai Wang-Schmid,

    Lake & Company,

    Andrew Schmid,

    Lake & Company

    Bought with:

    Blake Voorhees, 92106

    WPI Real Estate Services, Inc.

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

    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: $832/sqft
    • Tax assessed value: $809,000
    • Annual tax amount: $8,638
    • Date on market: 7/6/2026
    • Listing terms: Conventional

    Price history

    DateEventPrice
    9/21/2026Sold$840,000-11.6%$832/sqft
    Source: NWMLS as distributed by MLS GRID #2549941 Report a problem
    9/6/2026Pending sale$950,000$941/sqft
    Source: NWMLS as distributed by MLS GRID #2549941 Report a problem
    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

    Neighborhood: Madrona

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $840,000
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    Estimated market value
    $840,000