Sold167d on market
1519 5th Avenue W
Seattle, WA, 98119 • West Queen Anne • King County
$400,000
0.14 acLot
Property DNA
Queen Anne
West Queen Anne
Market activity
Demand and pricing signals for this listing
2 views
People checking out this listing
167 days on market
Established listing
About this home
Lot
Unique opportunity to own a lot in the prime Queen Anne neighborhood provides you with a steady stream of income from the ground lease. Yep, there is a 5-unit condominium built on the property and it pays monthly income to you, plus the property taxes and the insurance. The rental income increases yearly and also when a unit sells, so the income stream will also increase. So, you can park your money here and watch the land appreciate over time AND watch the income increase over time as well! 2024 gross rental income is $24,697.35
Estimated monthly payment
Based on current rates
$2,490/month
Principal & Interest$1,957
Property Tax$400
Insurance$133
Down payment20% ($80,000)
3%50%
Est. 6.18% rate · 30yr fixed · $320,000 loan
Full calculator →At a glance
Key facts and listing details
Property
Home typeLot
Sub-typeUnimproved Land
Systems
Water / SewerOn Property, Jurisdiction: City of Seattle / On Property
Parking & Outdoor
Lot6,041 sqft
Location & Tax
NeighborhoodWest Queen Anne
Annual tax$675
Parcel4362500010
Features & details
3 categories of property features
Exterior Features
Lot Features
Curbs
Paved
Sidewalk
Utilities
Electricity Connected
Gas
Not Available
Listing insights
Market data and value estimates
StatusSold
Days on market167
Est. value$397,900
Est. rent$1,543/mo
Tax rate0.82%
On marketNov 2, 2024
PostedJun 11, 2025
Last sold$400,000
MLS statusSold
MLS updatedNov 22, 2025
Tour days6
Views2
How are the schools in Seattle?
3 schools rated nearby
Location
Seattle, WA, 98119
Price history
19 events
DateEventPrice$/sqftSource
Oct 22, 2025Sold$400,000—NWMLS as distributed by MLS GRID
Sep 2, 2025Pending Sale$450,000—NWMLS as distributed by MLS GRID
Aug 20, 2025Price Change$550,000—Realogics Sothebys International Realty
Jun 11, 2025Price Change$450,000—Realogics Sothebys International Realty
Mar 28, 2025Listed For Sale$550,000—Realogics Sothebys International Realty
Mar 1, 2025Listing Removed$650,000—Realogics Sothebys International Realty
Nov 12, 2024Listed For Sale$650,000—Realogics Sothebys International Realty
Oct 31, 2024Listing Removed$750,000—Realogics Sothebys International Realty
Aug 27, 2024Price Change$750,000—Realogics Sothebys International Realty
Jul 2, 2024Listed For Sale$900,000—Realogics Sothebys International Realty
Feb 3, 2017Sold$342,540—NWMLS as distributed by MLS GRID
Jan 26, 2017Pending Sale$329,500—Windermere Real Estate Greenwood
Jan 21, 2017Listed For Sale$329,500—Windermere Real Estate Greenwood
Nov 2, 2016Sold$299,000—NWMLS as distributed by MLS GRID
Sep 30, 2016Listed For Sale$299,000—Windermere Real Estate/Wall Street, Inc.
May 3, 2012Listing Removed$235,990—Queen Anne Real Estate
Apr 18, 2012Price Change$235,990—Queen Anne Real Estate
Feb 29, 2012Listed For Sale$239,900—Queen Anne Real Estate
Mar 30, 2007Sold$273,000—Public Record
Sold$400,000
Oct 22, 2025•NWMLS as distributed by MLS GRID
Pending Sale$450,000
Sep 2, 2025•NWMLS as distributed by MLS GRID
Price Change$550,000
Aug 20, 2025•Realogics Sothebys International Realty
Price Change$450,000
Jun 11, 2025•Realogics Sothebys International Realty
Listed For Sale$550,000
Mar 28, 2025•Realogics Sothebys International Realty
Listing Removed$650,000
Mar 1, 2025•Realogics Sothebys International Realty
Listed For Sale$650,000
Nov 12, 2024•Realogics Sothebys International Realty
Listing Removed$750,000
Oct 31, 2024•Realogics Sothebys International Realty
Price Change$750,000
Aug 27, 2024•Realogics Sothebys International Realty
Listed For Sale$900,000
Jul 2, 2024•Realogics Sothebys International Realty
Sold$342,540
Feb 3, 2017•NWMLS as distributed by MLS GRID
Pending Sale$329,500
Jan 26, 2017•Windermere Real Estate Greenwood
Listed For Sale$329,500
Jan 21, 2017•Windermere Real Estate Greenwood
Sold$299,000
Nov 2, 2016•NWMLS as distributed by MLS GRID
Listed For Sale$299,000
Sep 30, 2016•Windermere Real Estate/Wall Street, Inc.
Listing Removed$235,990
May 3, 2012•Queen Anne Real Estate
Price Change$235,990
Apr 18, 2012•Queen Anne Real Estate
Listed For Sale$239,900
Feb 29, 2012•Queen Anne Real Estate
Sold$273,000
Mar 30, 2007•Public Record
Tax history
17 years of records
YearTax paidAssessed value
Apr 8, 2024$675$315,000
Apr 8, 2023$743$346,000
Apr 8, 2022$2,696$315,000
Apr 8, 2021$2,603$280,000
Apr 8, 2020$2,777$285,000
Apr 8, 2019$3,438$360,000
Apr 8, 2018$3,031$353,000
Apr 8, 2017$2,881$291,000
Apr 8, 2016$1,820$198,000
Apr 8, 2015$1,820$188,000
Apr 8, 2014$1,820$188,000
Apr 8, 2013$1,820$160,000
Apr 8, 2012—$150,000
Apr 8, 2011—$167,000
Apr 8, 2010—$211,000
Apr 8, 2009—$211,000
Apr 8, 2007—$244,000
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
Similar homes
Based on information submitted to the MLS GRID as of 2026-04-07 19:43:59 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)
No obligation · Same-day response