Sold515d on marketHistoric · 118 yrs
1531 Madrona Drive
Seattle, WA, 98122 • Madrona • King County
$1,100,000
$764/sqft
3Beds
2Baths
1,440Sqft
0.07 acLot
1908Built
Property DNA
Waterfront Property
Direct water access
Scenic Views
Lake · Partial · Territorial
Craftsman Style
Built 1908 · 118 years of history
Seattle
Madrona
Outdoor Living
Dining Room · Fir/Softwood · Fireplace · French Doors · Hardwood · Security System · Water Heater
1 Fireplace
Gas · Main Level: 1 · Fireplace
1-Car Garage
Detached Garage
Softwood & Hardwood Floors
Quality flooring throughout
Market activity
Demand and pricing signals for this listing
6 views
People checking out this listing
515 days on market
Established listing
$764/sqft
Price per square foot
About this home
Single Family · Built 1908 · Historic
Welcome to this iconic Madrona Craftsman, perched above the street with sweeping views of Lake Washington and the Cascade Mountains. This lovingly maintained home preserves charming original details while offering modern luxuries and comforts. The sun-soaked main level features a cozy living room with a gas fireplace, dining room, kitchen, half-bath and French doors opening to a huge covered view deck. Upstairs, discover three bedrooms—two with stunning water views and a shared balcony—a full bath, and quaint finished attic flex-space. Freshly painted inside and out with refinished wood floors, this classic home is move-in ready and awaiting your personal vision. Located just a short stroll to Lake Washington and Madrona's shops and cafes.
Standout features identified
Our analysis highlights shared balcony, gas fireplace, and stunning water views as key attractions of this home.
Estimated monthly payment
Based on current rates
$6,808/month
Principal & Interest$5,341
Property Tax$1,100
Insurance$367
Down payment20% ($220,000)
3%50%
Est. 6.12% rate · 30yr fixed · $880,000 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1908
HeatingFireplace, Forced Air, Electric, Natural Gas
CoolingNone
Parking1 Garage space
Lot3,066 sqft
Property
Home typeSingle Family
Sub-typeSingle Family Residence
StyleCraftsman
ConditionGood
Year built1908
Stories2
Systems
HeatingFireplace, Forced Air, Electric, Natural Gas
CoolingNone
RoofComposition
ConstructionWood Siding
Water / SewerPublic, Company: City of Seattle / Sewer Connected, Company: City of Seattle
Parking & Outdoor
ParkingDetached Garage
Garage1 spaces
BasementUnfinished
Fireplaces1
Lot3,066 sqft
Location & Tax
NeighborhoodMadrona
Annual tax$7,949
Parcel5351200225
Bathrooms & Fees
Full baths1
Features & details
12 categories of property features
Interior Features
Interior
Dining Room
Appliances
Dishwasher(s)
Dryer(s)
Disposal
Refrigerator(s)
Stove(s)/Range(s)
Washer(s)
Garbage Disposal
Water Heater: Electric
Water Heater Location: Basement
Flooring
Softwood
Hardwood
Heating
Fireplace
Forced Air
Electric
Natural Gas
Cooling
None
Fireplace
Gas
Main Level: 1
Fireplace
Exterior Features
Parking
Detached Garage
Construction
Wood Siding
Patio & Porch
Dining Room
Fir/Softwood
Fireplace
French Doors
Hardwood
Security System
Water Heater
Lot Features
Curbs
Paved
Sidewalk
Cable TV
Deck
Fenced-Partially
Gas Available
Security
Security System
Views
Lake
Partial
Territorial
Room details
11 rooms detailed
Master Bedroom
SecondBedroom
SecondBedroom
SecondBathroom Full
SecondOther
MainDining Room
MainListing insights
Market data and value estimates
StatusSold
Days on market515
Est. value$1,081,500
Est. rent$4,252/mo
Tax rate0.82%
Price/sqft$764
On marketNov 15, 2024
PostedSep 10, 2024
Last sold$1,100,000
MLS statusSold
MLS updatedDec 9, 2024
Tour days6
Views6
How are the schools in Seattle?
3 schools rated nearby
Location
Seattle, WA, 98122
Price history
5 events
DateEventPrice$/sqftSource
Nov 8, 2024Sold$1,100,000$764NWMLS as distributed by MLS GRID
Oct 4, 2024Pending Sale$1,175,000$816NWMLS as distributed by MLS GRID
Sep 10, 2024Listed For Sale$1,175,000$816NWMLS as distributed by MLS GRID
Jun 10, 2003Sold$630,000$438Public Record
Feb 28, 2003Sold$459,000$319NWMLS as distributed by MLS GRID
Sold$1,100,000
Nov 8, 2024•$764/sqft•NWMLS as distributed by MLS GRID
Pending Sale$1,175,000
Oct 4, 2024•$816/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$1,175,000
Sep 10, 2024•$816/sqft•NWMLS as distributed by MLS GRID
Sold$630,000
Jun 10, 2003•$438/sqft•Public Record
Sold$459,000
Feb 28, 2003•$319/sqft•NWMLS as distributed by MLS GRID
Tax history
21 years of records
YearTax paidAssessed value
Apr 8, 2024$8,281$850,000
Apr 8, 2023$7,949$818,000
Apr 8, 2022$7,957$917,000
Apr 8, 2021$7,044$743,000
Apr 8, 2020$6,738$674,000
Apr 8, 2019$7,039$716,000
Apr 8, 2018$5,999$676,000
Apr 8, 2017$6,402$631,000
Apr 8, 2016$4,444$536,000
Apr 8, 2015$4,444$508,000
Apr 8, 2014$4,444$450,000
Apr 8, 2013$4,444$398,000
Apr 8, 2012—$393,000
Apr 8, 2011—$393,000
Apr 8, 2010—$489,000
Apr 8, 2009—$489,000
Apr 8, 2007—$464,000
Apr 8, 2006—$426,000
Apr 8, 2005—$408,000
Apr 8, 2001$3,059$258,000
Apr 8, 2000$3,035$243,000
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 2026-04-07 17:38:56 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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