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
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
$392,400 Zestimate®
$--/sqft
$-- Estimated rent
Home value
$392,400
$361,000 - $428,000
Not available
Zestimate® history
Owner options
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Est. payment
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Zillow last checked:
Bought with:
Realogics Sotheby's International Realty
Source: Realogics Sothebys International Realty Sold,MLS#: 2382278
Price history
| Date | Event | Price |
|---|---|---|
| 9/26/2025 | Sold | $400,000-11.1% |
Source: Realogics Sothebys International Realty Sold #b591f1ee3b1fe76a6de6c8aac86ec4cb Report a problem | ||
| 9/8/2025 | Pending sale | $450,000-18.2% |
Source: Realogics Sothebys International Realty #2382278 Report a problem | ||
| 8/20/2025 | Price change | $550,000+22.2% |
Source: Realogics Sothebys International Realty #2237590 Report a problem | ||
| 6/11/2025 | Price change | $450,000-18.2% |
Source: Realogics Sothebys International Realty #2382278 Report a problem | ||
| 3/28/2025 | Listed for sale | $550,000-15.4% |
Source: Realogics Sothebys International Realty #2237590 Report a problem | ||
| 3/1/2025 | Listing removed | $650,000 |
Source: Realogics Sothebys International Realty #2237590 Report a problem | ||
| 11/12/2024 | Listed for sale | $650,000-13.3% |
Source: Realogics Sothebys International Realty #2237590 Report a problem | ||
| 10/31/2024 | Listing removed | $750,000 |
Source: Realogics Sothebys International Realty #2237590 Report a problem | ||
| 8/27/2024 | Price change | $750,000-16.7% |
Source: Realogics Sothebys International Realty #2237590 Report a problem | ||
| 7/2/2024 | Listed for sale | $900,000+162.7% |
Source: Realogics Sothebys International Realty #2237590 Report a problem | ||
| 2/3/2017 | Sold | $342,540+4% |
Source: | ||
| 1/26/2017 | Pending sale | $329,500 |
Source: Windermere Real Estate Greenwood #1063881 Report a problem | ||
| 1/21/2017 | Listed for sale | $329,500+10.2% |
Source: Windermere Real Estate Greenwood #1063881 Report a problem | ||
| 11/2/2016 | Sold | $299,000 |
Source: | ||
| 9/30/2016 | Listed for sale | $299,000+26.7% |
Source: Windermere Real Estate/Wall Street, Inc. #1035724 Report a problem | ||
| 5/3/2012 | Listing removed | $235,990 |
Source: Queen Anne Real Estate Report a problem | ||
| 4/18/2012 | Price change | $235,990-1.6% |
Source: Queen Anne Real Estate Report a problem | ||
| 2/29/2012 | Listed for sale | $239,900-12.1% |
Source: Queen Anne Real Estate Report a problem | ||
| 3/30/2007 | Sold | $273,000 |
Source: | ||
Public tax history
| Year | Property taxes | Tax 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
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Nearby schools
GreatSchools rating
- 6/10Hay Elementary SchoolGrades: K-5Distance: 0.6 mi
- 8/10McClure Middle SchoolGrades: 6-8Distance: 0.3 mi
- 10/10Lincoln High SchoolGrades: 9-12Distance: 2.2 mi
- Washington
- King County
- Seattle
- 98119
- West Queen Anne
- 1519 5th Ave W Apartment 1