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Sold for $400,000
  • $400,000

    1519 5th Ave W APT 1, Seattle, WA 98119

    --beds
    --baths
    5,662Square Feet
    Unimproved Land
    Built in ----
    5,662 Square Feet Lot
    $388,100 Zestimate®
    $--/sqft
    $1,543 Estimated rent

    Home value

    $388,100

    $353,000 - $423,000

    $1,543/mo

    Zestimate® history
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    $1,543/mo

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    $2,425/mo

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    $2,425/mo

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    What's special

    Unique opportunity to own a lot in the prime Queen Anne neighborhood that provides you with a steady stream of income from the ground lease. Yep, there is a 5-unit condominium built on the property and it pays monthly income to you, plus the property taxes and the insurance. The rental income increases yearly and when a property sells, so the income stream will also increase. So, you can park your money here and watch the land appreciate over time AND watch the income increase over time as well! 2024 gross rental income is $24,697.35

    Zillow last checked:

    Bought with:

    Realogics Sotheby's International Realty

    Source: Realogics Sothebys International Realty Sold,MLS#: 2382278

    Facts & features

    Property

    Lot
    • Size: 5,662 Square Feet
    Details
    • Parcel number: 4362500010

    Community & HOA

    Location
    • Region: Seattle

    Financial & listing details

    • Tax assessed value: $188,000
    • Annual tax amount: $1,820
    • Date on market: 10/1/2025

    Price history

    DateEventPrice
    9/26/2025Sold$400,000-11.1%
    Source: Realogics Sothebys International Realty Sold #b591f1ee3b1fe76a6de6c8aac86ec4cb Report a problem
    9/8/2025Pending sale$450,000-18.2%
    Source: Realogics Sothebys International Realty #2382278 Report a problem
    8/20/2025Price change$550,000+22.2%
    Source: Realogics Sothebys International Realty #2237590 Report a problem
    6/11/2025Price change$450,000-18.2%
    Source: Realogics Sothebys International Realty #2382278 Report a problem
    3/28/2025Listed for sale$550,000-15.4%
    Source: Realogics Sothebys International Realty #2237590 Report a problem
    3/1/2025Listing removed$650,000
    Source: Realogics Sothebys International Realty #2237590 Report a problem
    11/12/2024Listed for sale$650,000-13.3%
    Source: Realogics Sothebys International Realty #2237590 Report a problem
    10/31/2024Listing removed$750,000
    Source: Realogics Sothebys International Realty #2237590 Report a problem
    8/27/2024Price change$750,000-16.7%
    Source: Realogics Sothebys International Realty #2237590 Report a problem
    7/2/2024Listed for sale$900,000+162.7%
    Source: Realogics Sothebys International Realty #2237590 Report a problem
    2/3/2017Sold$342,540+4%
    Source: NWMLS as distributed by MLS GRID #1063881 Report a problem
    1/26/2017Pending sale$329,500
    Source: Windermere Real Estate Greenwood #1063881 Report a problem
    1/21/2017Listed for sale$329,500+10.2%
    Source: Windermere Real Estate Greenwood #1063881 Report a problem
    11/2/2016Sold$299,000
    Source: NWMLS as distributed by MLS GRID #1035724 Report a problem
    9/30/2016Listed for sale$299,000+26.7%
    Source: Windermere Real Estate/Wall Street, Inc. #1035724 Report a problem
    5/3/2012Listing removed$235,990
    Source: Queen Anne Real Estate Report a problem
    4/18/2012Price change$235,990-1.6%
    Source: Queen Anne Real Estate Report a problem
    2/29/2012Listed for sale$239,900-12.1%
    Source: Queen Anne Real Estate Report a problem
    3/30/2007Sold$273,000
    Source: NWMLS as distributed by MLS GRID #27030695 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2015$1,820 $188,000
    2014$1,820 +6.3%$188,000 +17.5%
    2013$1,712 +4.6%$160,000 +6.7%
    2012$1,637 -6.9%$150,000 -10.2%
    2011$1,758 -6.5%$167,000 -20.9%
    2010$1,881 -3.9%$211,000
    2009$1,957 -8.8%$211,000 -19.8%
    2008$2,145 +107.6%$263,000 +7.8%
    2007$1,034 $244,000
    2006-- --
    Find assessor info on the county website

    Neighborhood: West Queen Anne

    Nearby schools

    GreatSchools rating