Value is in the Land. Fantastic opportunity to develop 3 contiguous tax parcels in a FABULOUS location in Seward Park with Views of Lake Washington. This property sits at the end of a dead end street off of 53rd and Hudson Street in Seattle. Community steps at the end of 53rd provide access to a lovely pedestrian walkway (Ferdinand street which is no longer accessible to vehicles) offering a quick short cuts to both Lakewood Park & Ballfield to the West and the Ferdinand Street Hand Carry Boat Launch & Beach access to the east. Original parcels (5000+ sq ft each) had a single family home built on each of them. Currently only one stands on the Eastern most lot bordering 53rd. This home is vacant, boarded up and secured. Do not attempt to enter without prior permission. What will you do? Build 1 large home? 3 single family homes? Or will you take advantage of Seattle's density need and build Townhouses / Condos or Apartments?
Sold
Listed by: Marketplace Sotheby's Intl Rty
Bought with: ZNonMember-Office-MLS
$1,000,000
5221 S Ferdinand Street, Seattle, WA 98118
5beds
1,840sqft
Single Family Residence
Built in 1920
0.39 Acres Lot
$1,024,900 Zestimate®
$543/sqft
$3,938 Estimated rent
Home value
$1,024,900
$974,000 - $1.08M
$3,938/mo
Zestimate® history
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$6,012/mo
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List your homeWhat's special
Views of lake washington
Zillow last checked:
Listing updated:
Listed by:
Tanya Franzen-Garrett,
Marketplace Sotheby's Intl Rty
Bought with:
Unrepresentd ZDefault
ZNonMember-Office-MLS
Source: NWMLS as distributed by MLS GRID,MLS#: 2512565
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 1
Bedroom
- Level: Second
Bedroom
- Level: Second
Bedroom
- Level: Second
Bedroom
- Level: Main
Bedroom
- Level: Second
Bathroom full
- Level: Second
Heating
- Fireplace, Forced Air, See Remarks
Cooling
- None
Features
- Flooring: See Remarks
- Number of fireplaces: 1
- Fireplace features: Wood Burning, Main Level: 1, Fireplace
Interior area
- Total structure area: 1,840
- Total interior livable area: 1,840 sqft
Property
Parking
- Total spaces: 1
- Parking features: Attached Garage, Off Street
- Has attached garage: Yes
- Covered spaces: 1
Features
- Levels: Two
- Stories: 2
- Patio & porch: Fireplace
- Has view: Yes
- View description: Lake, Mountain(s), Partial, Territorial
- Has water view: Yes
- Water view: Lake
Lot
- Size: 0.39 Acres
- Dimensions: 120 x 140
- Features: Adjacent to Public Land, Dead End Street, Paved, Sidewalk, Value In Land
- Topography: Partial Slope
- Residential vegetation: Brush, Garden Space, Wooded
Details
- Parcel number: 4154305215
- Zoning: NR3
- Special conditions: See Remarks
Construction
Type & style
- Home type: SingleFamily
- Architectural style: 2 Story
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Fixer
- Year built: 1920
Utilities & green energy
- Electric: Company: City Light
- Sewer: Sewer Connected, Company: City of Seattle
- Water: Public, Company: City of Settle
Community & neighborhood
Location
- Region: Seattle
- Subdivision: Seward Park
Other
Other facts
- Listing terms: Rehab Loan
- Cumulative days on market: 2 days
Price history
| Date | Event | Price |
|---|---|---|
| 5/13/2026 | Sold | $1,000,000$543/sqft |
Source:  NWMLS as distributed by MLS GRID #2512565 Report a problem | ||
| 4/25/2026 | Pending sale | $1,000,000$543/sqft |
Source: NWMLS as distributed by MLS GRID #2512565 Report a problem | ||
| 4/23/2026 | Listed for sale | $1,000,000$543/sqft |
Source: NWMLS as distributed by MLS GRID #2512565 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,355 +13% | $760,000 +5.7% |
| 2024 | $7,395 -1.3% | $719,000 -3.7% |
| 2023 | $7,494 +6.9% | $747,000 -4.1% |
| 2022 | $7,013 +9.5% | $779,000 +19.5% |
| 2021 | $6,407 +4.2% | $652,000 +9.8% |
| 2020 | $6,148 -1.4% | $594,000 -3.1% |
| 2019 | $6,233 +16.8% | $613,000 +5.7% |
| 2018 | $5,337 -3.9% | $580,000 +9.6% |
| 2017 | $5,552 +22.6% | $529,000 -4.2% |
| 2016 | $4,527 | $552,000 +13.8% |
| 2015 | $4,527 | $485,000 +8% |
| 2014 | $4,527 | $449,000 +14.8% |
| 2013 | $4,527 | $391,000 +5.4% |
| 2012 | -- | $371,000 -7.9% |
| 2011 | -- | $403,000 +27.9% |
| 2010 | -- | $315,000 |
| 2009 | -- | $315,000 +5% |
| 2007 | -- | $300,000 +6% |
| 2006 | -- | $283,000 +11.9% |
| 2005 | -- | $253,000 +5.4% |
| 2001 | $2,853 +16.4% | $240,000 +23.1% |
| 2000 | $2,451 | $195,000 |
Find assessor info on the county website
Neighborhood: Lakewood
Nearby schools
GreatSchools rating
- 6/10Orca K-8 SchoolGrades: K-8Distance: 0.5 mi
- 4/10Franklin High SchoolGrades: 9-12Distance: 1.7 mi
- 6/10Hawthorne Elementary SchoolGrades: PK-5Distance: 0.9 mi
Schools provided by the listing agent
- Elementary: Hawthorne
- Middle: Mercer Mid
- High: Franklin 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
$1,024,900
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
$1,024,900
- Washington
- King County
- Seattle
- 98118
- Lakewood
- 5221 S Ferdinand Street
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