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$799,900   Price Analysis
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2311 16th Ave S
Seattle, WA 98144
2 bed 1 bath 870 SqFt ($919/SqFt)
6,000SqFt lot. Built 1924
Listed 2024-07-25, Taxes $1,089
Ⓧ USDA Ineligible
due to price & location

near Seattle

Rare development opportunity in the high demand and centrally-located Beacon Hill neighborhood.

* Sale Pending *

Developers, builders and investors will appreciate the potential in the property's LR2 zoning, with the ability to build town homes and multifamily. You can view an example of a finished 8-plex townhom developed on same sized 6000 SF lot a few doors down the street, with two more projects under construction.

Beacon Hill is an urban neighborhood located minutes from downtown Seattle, the International district and freeways. Current home is 2 bedrooms, 1 bathroom with a large unfinished basement. Value is in the location, zoning and the land. ESTATE SALE -- home & land being sold in their AS IS condition. No work will be performed by Seller.


Presented by Jonathan Pearlstein at
Engel & Volkers Snoqualmie Vly.
Listing Agent Photo

Property MLS #2268797 from NWMLS

Bedrooms: 2
Bedrooms Possible: 2
Bedrooms On Main Level: 2
Bedroom 1 Level: Main
Bedroom 2 Level: Main

Total Bathrooms: 1
Full Bathrooms: 1
Bathrooms On Main Level: 1
Full Bathrooms On Main Level: 1
Bathroom 1 Level: Main

Heating Fuel: Natural Gas

Kitchen/Dining Combo Level: Main

Living Room Level: Main

Wood

Attached Garage: Yes
Covered Spaces: 1
Garage Spaces: 1
Parking Features: Garage-Attached, Off Street
Parking Total: 1

Land Lease: No
Lot Description: Paved Street, Sidewalk
Lot Size Acres: 0.137741
Lot Size Square Feet: 6000

Elementary School: Buyer To Verify
High School: Buyer To Verify
High School District: Seattle
Middle School: Buyer To Verify

Beacon Hill International School is a public elementary school located approximately 0.2 miles away.
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Franklin High School is a public high school located approximately 1 miles away.
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Mercer Middle School is a public middle school located approximately 1.3 miles away.
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Giddens School is a private elementary school located approximately 1 miles away.
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Calculated Total Monthly Association Fees: 0

Annual Tax Amount: 1146
Source Listing Status: Pending Feasibility
Country Region: US
County: King
Directions: From Rainier Ave S, turn left onto S College St, turn left onto 16th Ave S, house is on the right.
Tax Year: 2024
Source Property Type: Residential
Area: 385 - SODO/Beacon Hill
List Development Name: Beacon Hill
Property Subtype: townhouse
Source Neighborhood: Beacon Hill
Parcel Number: 5393600585
Street Suffix Modifier: Avenue
Subdivision: Beacon Hill
Source System Name: C2C
Buyer Agent Commission: 2.25

YearAssessments
Building + Land
Total
Tax
2023$1,000 + $761,000
$762,000
$1,089
2022$1,000 + $700,000
$701,000
$1,112
2021$52,000 + $165,000
$217,000
$1,098
2020$51,000 + $165,000
$216,000
$1,047
2019$124,000 + $241,000
$365,000
$1,026
2018$72,000 + $213,000
$285,000
$3,218
2017$62,000 + $190,000
$252,000
$2,775
2016$53,000 + $166,000
$219,000
$2,480
2015$60,000 + $163,000
$223,000
$7,159
2014$65,000 + $145,000
$210,000
$2,487
2013$53,000 + $132,000
$185,000
$9,295
2012$82,000 + $143,000
$225,000
$2,408
2011$82,000 + $143,000
$225,000
$2,420
2009$114,000 + $143,000
$257,000
$2,262
2007$107,000 + $128,000
$235,000
$2,853

Listed 2024-07-25
$799,900
NWMLS
Sold 1979-05-30
$49,000
Public Record

Total Square Feet Living: 870
Building Area Total: 870
Building Area Units: Square Feet
Building Features: Built On Lot
Levels: One
Living Area Units: Square Feet
Property Age: 100
Roof: Composition
Structure Type: House
House Style: 1 Story
Elevation Units: Feet

Power Production Type: NaturalGas
Sewer: Sewer Connected
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.