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  • Listed by: COMPASS
    Bought with: Windermere Real Estate/East
    $1,290,000

    5010 8th Avenue NE, Seattle, WA 98105

    8beds
    2,910sqft
    Single Family Residence
    Built in 1911
    4,687.06 Square Feet Lot
    $1,304,900 Zestimate®
    $443/sqft
    $5,109 Estimated rent

    Home value

    $1,304,900

    $1.23M - $1.38M

    $5,109/mo

    Zestimate® history
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    $5,109/mo

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    Rent Zestimate®

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    $7,646/mo

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    What's special

    Looking for an ideal first (or next) turn key rental on a quiet street? This well-managed and maintained rental home is located near UW with easy I-5 and downtown access and it is ready for the next owner/operator. A long history of rental success means future success for you. Current rents are $7,400 with potential upside for fall ‘24. With current rents the CAP rate is 5.75% and could exceed 6% with an annual rent increase. There are 8 generous bedrooms - 3 up, 1 on the main, 4 downstairs - plus 2.5 bathrooms to easily accommodate groups. There are 3+ off-street parking spots in the back. The home sits on a 4,687 SF NR3 zoned lot so potential awaits a creative new owner. Many system & appliance updates have been done throughout the home.

    Zillow last checked:

    Listing updated:

    Listed by:

    Adam J Hestad,

    COMPASS,

    Lisa Kissinger,

    COMPASS

    Bought with:

    Steve Q. Lieu, 80612

    Windermere Real Estate/East

    Source: NWMLS as distributed by MLS GRID,MLS#: 2232146MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 3
    • Full bathrooms: 1
    • 3/4 bathrooms: 1
    • 1/2 bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Bedroom
    • Level: Second
    Bedroom
    • Level: Second
    Bedroom
    • Level: Second
    Bedroom
    • Level: Lower
    Bedroom
    • Level: Lower
    Bedroom
    • Level: Lower
    Bedroom
    • Level: Lower
    Bedroom
    • Level: Main
    Bathroom full
    • Level: Second
    Bathroom three quarter
    • Level: Lower
    Other
    • Level: Main
    Dining room
    • Level: Main
    Entry hall
    • Level: Main
    Kitchen with eating space
    • Level: Main
    Living room
    • Level: Main
    Utility room
    • Level: Lower
    Heating
    • Fireplace, Forced Air, Wall Unit(s), Electric, Natural Gas
    Cooling
    • None
    Appliances
    • Included: Dishwashers_, Dryer(s), GarbageDisposal_, Refrigerators_, StovesRanges_, Washer(s), Dishwasher(s), Garbage Disposal, Refrigerator(s), Stove(s)/Range(s), Water Heater: Gas, Water Heater Location: Basement utility room
    Features
    • Flooring: Ceramic Tile, Hardwood, Carpet
    • Windows: Skylight(s)
    • Basement: Finished
    • Number of fireplaces: 1
    • Fireplace features: Wood Burning, Main Level: 1, Fireplace
    Interior area
    • Total structure area: 2,910
    • Total interior livable area: 2,910 sqft

    Property

    Parking
    • Parking features: Off Street
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: Main
    • Patio & porch: Ceramic Tile, Hardwood, Wall to Wall Carpet, Skylight(s), Walk-In Closet(s), Fireplace, Water Heater
    Lot
    • Size: 4,687 sqft
    • Features: Curbs, Paved, Sidewalk, Deck
    • Topography: Level
    Details
    • Parcel number: 2862100821
    • Zoning description: NR3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Brick, Wood Siding
    • Foundation: Poured Concrete
    • Roof: Composition
    Condition
    • Year built: 1911

    Utilities & green energy

    • Electric: Company: Seattle City Light
    • Sewer: Sewer Connected, Company: Seattle Public Utilities
    • Water: Public, Company: Seattle Public Utilities
    • Utilities for property: Xfinity

    Community & neighborhood

    Location
    • Region: Seattle
    • Subdivision: University District

    HOA & financial

    Other financial information
    • Total actual rent: 7400

    Other

    Other facts
    • Listing terms: Conventional,FHA,VA Loan
    • Cumulative days on market: 669 days

    Price history

    DateEventPrice
    5/31/2024Sold$1,290,000-0.8%$443/sqft
    Source: NWMLS as distributed by MLS GRID #2232146 Report a problem
    5/6/2024Pending sale$1,299,950$447/sqft
    Source: NWMLS as distributed by MLS GRID #2232146 Report a problem
    5/2/2024Listed for sale$1,299,950+252.3%$447/sqft
    Source: NWMLS as distributed by MLS GRID #2232146 Report a problem
    4/30/2024Listing removed--
    Source: Zillow Rentals Report a problem
    4/19/2024Price change$7,600-1.9%$3/sqft
    Source: Zillow Rentals Report a problem
    4/4/2024Price change$7,750-3.1%$3/sqft
    Source: Zillow Rentals Report a problem
    3/25/2024Listed for rent$8,000$3/sqft
    Source: Zillow Rentals Report a problem
    3/2/2024Listing removed--
    Source: Zillow Rentals Report a problem
    2/13/2024Listed for rent$8,000+8.1%$3/sqft
    Source: Zillow Rentals Report a problem
    4/6/2023Listing removed--
    Source: Zillow Rentals Report a problem
    3/28/2023Listed for rent$7,400+7.2%$3/sqft
    Source: Zillow Rentals Report a problem
    4/14/2022Listing removed--
    Source: Zillow Rental Manager Report a problem
    3/20/2022Listed for rent$6,900+7%$2/sqft
    Source: Zillow Rental Manager Report a problem
    2/26/2021Listing removed--
    Source: Owner Report a problem
    8/4/2020Listing removed$6,450$2/sqft
    Source: Owner Report a problem
    7/13/2020Price change$6,450-7.9%$2/sqft
    Source: Owner Report a problem
    6/13/2020Listed for rent$7,000$2/sqft
    Source: Owner Report a problem
    3/15/2001Sold$369,000+23.8%$127/sqft
    Source: NWMLS as distributed by MLS GRID #21011483 Report a problem
    6/19/1998Sold$297,950+80.6%$102/sqft
    Source: Public Record Report a problem
    9/7/1995Sold$165,000$57/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$12,331 +15.5%$1,171,000 +7.8%
    2024$10,677 +12.2%$1,086,000 +9.6%
    2023$9,515 -4.3%$991,000 -14.6%
    2022$9,938 +3.2%$1,161,000 +12.1%
    2021$9,631 +5.4%$1,036,000 +11.2%
    2020$9,141 +3.4%$932,000 +2.3%
    2019$8,839 +14.8%$911,000 +3.4%
    2018$7,698 -4.9%$881,000 +9%
    2017$8,095 +27.2%$808,000 +11.8%
    2016$6,364 $723,000 +9.5%
    2015$6,364 $660,000 +0.5%
    2014$6,364 $657,000 +17.3%
    2013$6,364 $560,000 +9.4%
    2012-- $512,000
    2011-- $512,000 -3.9%
    2010-- $533,000
    2009-- $533,000 +5.5%
    2007-- $505,000 +6.1%
    2006-- $476,000 +7.9%
    2005-- $441,000 +62.7%
    2001$3,208 +12.4%$271,000 +18.9%
    2000$2,853 $228,000

    Find assessor info on the county website

    Neighborhood: University District

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Green Lake
    • Middle: Hamilton Mid
    • High: Lincoln High

    Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $1,304,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,304,900