11049 8th Avenue NE, Seattle WA, 98125
(Active)
$1,375,000
|
|
MLS# 2206942
Last Updated: 4/29/2024 3:14 PM
Description for
11049 8th Avenue NE
Seattle, WA 98125
Development Opportunity in Seattle's rapidly transforming Northgate neighborhood. NC2-75(M1) zoned property. Minutes from Northgate Light Rail Station. All utilities available and connected to current dwelling on property. Current 2-story dwelling utilized as office, storage, and dwelling unit. Collect rents (currently rented at $4,000/mo) during entitlements. Ideal opportunity to invest in an area with dramatically evolving demographics. Site falls within the Northgate Urban Center overlay.
Price
$1,375,000
Northgate
King
2206942
Active
Description
Development Opportunity in Seattle's rapidly transforming Northgate neighborhood. NC2-75(M1) zoned property. Minutes from Northgate Light Rail Station. All utilities available and connected to current dwelling on property. Current 2-story dwelling utilized as office, storage, and dwelling unit. Collect rents (currently rented at $4,000/mo) during entitlements. Ideal opportunity to invest in an area with dramatically evolving demographics. Site falls within the Northgate Urban Center overlay.
Listing Information
| Property Type: Land, Other | ||
| 0.16 Acres | Commercial, Multi-Family, See Remarks | |
Northgate
Natural Gas Available, Electricity Connected
Neighborhood
School Information
| District: Seattle | ||
| Buyer To Verify | Buyer To Verify | Buyer To Verify |
Room Information
Interior Features
Other,
None
Exterior / Lot Features
NC2-75(M1)
Level
Curbs,Paved,Sidewalk
Driving Directions
From Northgate Way, head North on 8th Av NE. Property on West side of 8th.
Financial Considerations
| 2926049375 |
| $7,834 |
Conventional
Listing Price History
Seattle Real Estate
Seattle is located in Washington. Seattle, Washington 98125 has a population of 758,862.
The median household income in Seattle, Washington 98125 is $82,634. The median household income for the surrounding county is $102,088 compared to the national median of $66,222. The median age of people living in Seattle 98125 is 41 years.
Data provided below are primarily sourced from Public Records data.
Nearby Recent Sales (Sourced from Public Records)
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| No information is available for recently sold properties within this search. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 4/3/2024 | Active | $1,375,000 USD |
|
Tax History (Sourced from Public Records)
| year | Property Taxes | Change | Tax Assessment | Change |
|---|---|---|---|---|
| 2020 | $6,753 USD | 10.87% | $717,900 USD | 16.64% |
| 2019 | $6,091 USD | -10.66% | $615,500 USD | - |
| 2018 | $6,818 USD | 29.10% | $615,500 USD | - |
| 2017 | $5,281 USD | -0.79% | $615,500 USD | 28.52% |
| 2016 | $5,323 USD | 3.52% | $478,900 USD | - |