Sold736d on market
8523 23rd Avenue NE
Seattle, WA, 98115 • Wedgwood • King County
$1,940,000
0.14 acLot
1970Built
Property DNA
Wedgwood
Wedgwood
This home is getting attention
Listed 736 days ago · 4 views
Market activity
Demand and pricing signals for this listing
4 views
People checking out this listing
736 days on market
Established listing
Selling Soon Prediction
ModerateThis home ranks in the top 50% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Multi Family · Built 1970
SELLER FINANCING with POSITIVE LEVERAGE ~ Investors can acquire a well-maintained asset with improvements that combine to create a turnkey investment and durable income stream via attractive purchasing terms offered by the seller. Terms include a 25% down payment, a 4.5% rate with interest-only payments, and a 7-year term. Improvements like ductless mini-split heat pumps, which are significantly more efficient and provide heat and air conditioning to the units. A new 25-year roof was placed in service 5 years ago, new water heaters, and a hot water circulation pump create ready-to-use hot water on-demand saving time and money. Opportunity exists to institute utility bill back and install washers and dryers in the units to increase rents.
Standout features identified
Our analysis highlights hot water circulation pump and ductless mini-split heat pumps as key attractions of this home.
Estimated monthly payment
Based on current rates
$12,080/month
Principal & Interest$9,493
Property Tax$1,940
Insurance$647
Down payment20% ($388,000)
3%50%
Est. 6.19% rate · 30yr fixed · $1,552,000 loan
Full calculator →At a glance
Key facts and listing details
TypeMulti Family
Year Built1970
HeatingDuctless HP-Mini Split, Electric
Parking7 Open Parking spaces
Property
Home typeMulti Family
Sub-typeMulti Family
ConditionVery Good
Year built1970
Systems
HeatingDuctless HP-Mini Split, Electric
RoofComposition
ConstructionWood Products
Water / SewerSewer Connected
Parking & Outdoor
ParkingOpen
Lot6,259 sqft
Location & Tax
NeighborhoodWedgwood
Annual tax$9,655
Parcel5101400472
Features & details
6 categories of property features
Interior Features
Flooring
Vinyl Plank
Heating
Ductless HP-Mini Split
Electric
Windows
Thermal Windows
Green/Energy
Thermal Windows
Exterior Features
Parking
Open
Construction
Wood Products
Listing insights
Market data and value estimates
StatusSold
Days on market736
Est. value$1,612,000
Est. rent$2,344/mo
Tax rate0.82%
On marketSep 2, 2023
PostedFeb 7, 2024
Last sold$1,940,000
MLS statusSold
MLS updatedSep 5, 2024
Tour days6
Views4
How are the schools in Seattle?
3 schools rated nearby
Location
Seattle, WA, 98115
Price history
15 events
DateEventPrice$/sqftSource
Apr 1, 2024Sold$1,940,000—NWMLS as distributed by MLS GRID
Mar 2, 2024Pending Sale$2,000,000—NWMLS as distributed by MLS GRID
Feb 7, 2024Listed For Sale$2,000,000—NWMLS as distributed by MLS GRID
Apr 18, 2023Listing Removed——FSBO-Online.com
Jan 18, 2023Listed For Sale$2,200,000—FSBO-Online.com
Jul 29, 2021Listing Removed——Owner
Apr 22, 2021Price Change$1,950,000—Owner
Feb 27, 2021Listed For Sale$1,600,000—Owner
Feb 11, 2021Listing Removed——Local MLS
Jan 29, 2021Price Change$1,550,000—COMPASS
Nov 10, 2020Listed For Sale$1,495,000—COMPASS
Feb 7, 2018Listing Removed$1,475—Owner
Jan 31, 2018Price Change$1,475—Owner
Jan 29, 2018Listed For Rent$1,675—Owner
Jan 7, 2002Sold$350,000—Public Record
Sold$1,940,000
Apr 1, 2024•NWMLS as distributed by MLS GRID
Pending Sale$2,000,000
Mar 2, 2024•NWMLS as distributed by MLS GRID
Listed For Sale$2,000,000
Feb 7, 2024•NWMLS as distributed by MLS GRID
Listing Removed—
Apr 18, 2023•FSBO-Online.com
Listed For Sale$2,200,000
Jan 18, 2023•FSBO-Online.com
Listing Removed—
Jul 29, 2021•Owner
Price Change$1,950,000
Apr 22, 2021•Owner
Listed For Sale$1,600,000
Feb 27, 2021•Owner
Listing Removed—
Feb 11, 2021•Local MLS
Price Change$1,550,000
Jan 29, 2021•COMPASS
Listed For Sale$1,495,000
Nov 10, 2020•COMPASS
Listing Removed$1,475
Feb 7, 2018•Owner
Price Change$1,475
Jan 31, 2018•Owner
Listed For Rent$1,675
Jan 29, 2018•Owner
Sold$350,000
Jan 7, 2002•Public Record
Tax history
21 years of records
YearTax paidAssessed value
Apr 8, 2024$9,809$940,000
Apr 8, 2023$10,713$1,065,200
Apr 8, 2022$9,655$1,065,200
Apr 8, 2021$10,356$1,065,200
Apr 8, 2020$10,807$1,065,200
Apr 8, 2019$9,577$948,000
Apr 8, 2018$8,238$902,000
Apr 8, 2017$8,501$814,000
Apr 8, 2016$5,136$730,000
Apr 8, 2015$5,136$629,000
Apr 8, 2014$5,136$495,000
Apr 8, 2013$5,136$471,000
Apr 8, 2012—$470,000
Apr 8, 2011—$376,600
Apr 8, 2010—$595,700
Apr 8, 2009—$595,700
Apr 8, 2007—$464,000
Apr 8, 2006—$392,000
Apr 8, 2005—$409,000
Apr 8, 2001$3,790$321,000
Apr 8, 2000$3,491$279,900
Nearby homes
Neighborhood details
Local context around this listing
Seattle, WA • King County
Nearby neighborhoods
AdamsCapitol HillFirst HillFremontGreenwoodMagnoliaMinorRavennaUniversity DistrictWallingford
Nearby cities
AuburnBellevueBothellFederal WayKentKirklandRedmondRenton
Nearby zip codes
98040981039810598109981159811798118981229812598133
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Based on information submitted to the MLS GRID as of 2026-04-08 01:14:27 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#39)
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