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  • Listed by: John L. Scott, Inc
    $684,950

    742 S Director Street, Seattle, WA 98108

    2beds
    760sqft
    : 
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    Single Family Residence
    Built in 1929
    7,801 Square Feet Lot
    $676,100 Zestimate®
    $901/sqft
    $-- HOA

    What's special

    Positioned in the heart of South Seattle, this exceptional development opportunity offers outstanding potential in a highly accessible location just minutes from Highway 99 and I-5. The property is ideally suited for a six-unit project and comes with much of the preliminary work already completed, creating a rare chance for builders, investors, and developers to move forward with confidence. A survey has been completed, preliminary site planning and unit design are in place, and the project is ready to be submitted to the county for permits so construction can begin. With sewer available and electrical, gas, and water already on site, this parcel is well positioned for efficient development. The property has also been perked and will include all onsite drainage, helping simplify the next phase of the process. Adding even more value, the existing home is in good condition and offers flexibility for interim rental income while permits are being processed. Rear access is available and only needs to be cleared, providing added convenience for future site use and construction planning. This is a standout opportunity to secure a property with strong upside, essential infrastructure in place, and a clear path toward development in a desirable South Seattle location. Whether you are looking to build, invest, or hold for future growth, this property offers a rare combination of location, readiness, and potential.
    48 days
    |
    108
    |
    6
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Richard Bezus,

    John L. Scott, Inc

    Source: NWMLS as distributed by MLS GRID,MLS#: 2521465MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      • Main level bathrooms: 1
      • Main level bedrooms: 2
      Bedroom
      • Level: Main
      Heating
      • Ductless, Electric, Natural Gas
      Cooling
      • Ductless
      Appliances
      • Included: Tankless Water Heater
      Features
      • Has fireplace: No
      Interior area
      • Total structure area: 760
      • Total interior livable area: 760 sqft

      Property

      Parking
      • Parking features: Driveway, Off Street
      Features
      • Levels: One
      • Stories: 1
      Lot
      • Size: 7,801 Square Feet
      Details
      • Parcel number: 7883602275
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: 1 Story
      • Property subtype: Single Family Residence
      Materials
      • Cement Planked, Cement Plank
      • Foundation: Poured Concrete
      • Roof: Composition
      Condition
      • Year built: 1929
      • Major remodel year: 1929

      Utilities & green energy

      • Sewer: Sewer Connected
      • Water: Public

      Community & HOA

      Community
      • Subdivision: South Park
      Location
      • Region: Seattle

      Financial & listing details

      • Price per square foot: $901/sqft
      • Tax assessed value: $429,000
      • Annual tax amount: $4,929
      • Date on market: 5/11/2026
      • Cumulative days on market: 49 days
      • Listing terms: Conventional,FHA,Rehab Loan,VA Loan

        Estimated market value

        $676,100

        $642,000 - $710,000

        $3,127/mo

        Price history

        DateEventPrice
        5/11/2026Listed for sale$684,950+33%$901/sqft
        Source: NWMLS as distributed by MLS GRID #2521465 Report a problem
        2/7/2022Sold$515,000+21.2%$678/sqft
        Source: NWMLS as distributed by MLS GRID #1874818 Report a problem
        1/12/2022Pending sale$425,000$559/sqft
        Source: NWMLS as distributed by MLS GRID #1874818 Report a problem
        1/5/2022Listed for sale$425,000+459.2%$559/sqft
        Source: NWMLS as distributed by MLS GRID #1874818 Report a problem
        11/28/2018Listing removed$2,495$3/sqft
        Source: Avenue One Residential Report a problem
        11/21/2018Price change$2,495-0.2%$3/sqft
        Source: Avenue One Residential Report a problem
        11/17/2018Listed for rent$2,500$3/sqft
        Source: Avenue One Residential Report a problem
        4/18/2000Sold$76,000$100/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,248 +6.5%$429,000 -0.9%
        2024$4,930 +9.5%$433,000 +9.3%
        2023$4,502 +6.2%$396,000 -4.8%
        2022$4,241 +14.3%$416,000 +26.8%
        2021$3,712 +5.1%$328,000 +10.8%
        2020$3,531 +3.9%$296,000 +2.1%
        2019$3,399 +18.7%$290,000 +9.4%
        2018$2,863 +6%$265,000 +21.6%
        2017$2,701 +33.5%$218,000 +13%
        2016$2,024 $193,000 +2.7%
        2015$2,024 $188,000 +11.2%
        2014$2,024 $169,000
        2013$2,024 $169,000 -1.2%
        2012-- $171,000 -10%
        2011-- $190,000 -6.4%
        2010-- $203,000
        2009-- $203,000 +17.3%
        2007-- $173,000 +6.8%
        2006-- $162,000 +13.3%
        2005-- $143,000 +50.5%
        2001$1,193 +9.6%$95,000 +14.5%
        2000$1,088 $83,000

        Find assessor info on the county website

        Monthly payment

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          All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
          See how much you could borrow to make a competitive offer.

          Climate risks

          Neighborhood: South Park

          Getting around

          58 / 100
          Somewhat Walkable
          40 / 100
          Some Transit
          66 / 100
          Bikeable

          Nearby schools

          GreatSchools rating

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