Unique opportunity to own a lot in the prime Queen Anne neighborhood 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 also when a unit 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
Listed by: Realogics Sotheby's Int'l Rlty
Bought with: AgencyOne
$400,000
1519 5th Avenue W, Seattle, WA 98119
--beds
--baths
6,041Square Feet
Unimproved Land
Built in ----
6,041.77 Square Feet Lot
$386,900 Zestimate®
$--/sqft
$1,543 Estimated rent
Home value
$386,900
$356,000 - $418,000
$1,543/mo
Zestimate® history
Owner options
List your home for rent
$1,543/mo
Rent Zestimate®
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$1,543/mo
Rent Zestimate®
Refinance and save
$2,405/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$2,405/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Denise Seavitt,
Realogics Sotheby's Int'l Rlty
Bought with:
Jakub Martisovits
AgencyOne
Source: NWMLS as distributed by MLS GRID,MLS#: 2382278
Facts & features
Interior
Features
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Lot
- Size: 6,041 sqft
- Features: Curbs, Paved, Sidewalk
- Topography: Level
Details
- Parcel number: 4362500000
- Zoning description: Multi-Family,Jurisdiction: City
- Special conditions: Standard
Utilities & green energy
- Electric: On Property
- Gas: Not Available
- Sewer: On Property
- Water: On Property, Jurisdiction: City of Seattle
- Utilities for property: Electricity Connected
Community & neighborhood
Location
- Region: Seattle
- Subdivision: Queen Anne
Other
Other facts
- Road surface type: Paved
- Cumulative days on market: 511 days
Price history
| Date | Event | Price |
|---|---|---|
| 10/22/2025 | Sold | $400,000-11.1% |
Source:  NWMLS as distributed by MLS GRID #2382278 Report a problem | ||
| 9/2/2025 | Pending sale | $450,000-18.2% |
Source: NWMLS as distributed by MLS GRID #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: NWMLS as distributed by MLS GRID #1063881 Report a problem | ||
| 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: NWMLS as distributed by MLS GRID #1035724 Report a problem | ||
| 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 Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $687 +1.8% | $315,000 |
| 2024 | $675 -9.2% | $315,000 -9% |
| 2023 | $743 -72.4% | $346,000 +9.8% |
| 2022 | $2,696 +3.6% | $315,000 +12.5% |
| 2021 | $2,603 -6.2% | $280,000 -1.8% |
| 2020 | $2,777 -19.2% | $285,000 -20.8% |
| 2019 | $3,438 +13.4% | $360,000 +2% |
| 2018 | $3,031 +5.2% | $353,000 +21.3% |
| 2017 | $2,881 +58.3% | $291,000 +47% |
| 2016 | $1,820 | $198,000 +5.3% |
| 2015 | $1,820 | $188,000 |
| 2014 | $1,820 | $188,000 +17.5% |
| 2013 | $1,820 | $160,000 +6.7% |
| 2012 | -- | $150,000 -10.2% |
| 2011 | -- | $167,000 -20.9% |
| 2010 | -- | $211,000 |
| 2009 | -- | $211,000 -13.5% |
| 2007 | -- | $244,000 |
Find assessor info on the county website
Neighborhood: West Queen Anne
Nearby schools
GreatSchools rating
- 6/10Hay Elementary SchoolGrades: K-5Distance: 0.6 mi
- 8/10McClure Middle SchoolGrades: 6-8Distance: 0.3 mi
- 7/10The Center SchoolGrades: 9-12Distance: 1 mi
- Washington
- King County
- Seattle
- 98119
- West Queen Anne
- 1519 5th Avenue W
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Seattle Topics
