7343 35th Ave SW, Seattle, WA 98126

Studio-- baths2,444 sqft

Sold: $515,000
Sold on 04/29/14
Zestimate®: $559,025
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My Notes

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First time on market! Same owner for over 30 years. Sought after NC-2 zoning in rapidly developing area of West Seattle. Large 8,363 sf lot. HUGE upside potential for rental as is. Rents are way below market. Very long term tenants. Separate main floor laundry room. Level access off of paved alley. Elevated street frontage for easterly view potential. Excellent candidate for live / work space or mixed use development, micro housing site. Solid building has lots of charm. Gatewood corridor.

Facts

  • Lot: 8,363 sqft
  • Multi Family
  • Built in 1955
  • Cooling: Wall
  • Heating: Other
  • Last sold: Apr 2014 for $515,000
  • Price/sqft: $211

Features

  • Parking: 4 spaces
  • View: Mountain, Territorial

    Construction

    • Construction quality: 6.0
    • Exterior material: Brick
    • Roof type: Composition
    • # Stories: 1.0
    • Unit count: 4

    Other

    • Floor size: 2,444 sqft
    • Last remodel year: 1979
    • Parcel #: 4319200670
    • Zillow Home ID: 48934032

    Zestimate Details

    Zestimate
    A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

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    $559,025
    -$2,663 Last 30 days
    $531K
    $593K
    Zestimate range
    Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

    The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
    $1,801/mo
    +$51 Last 30 days
    $1.4K
    $2.5K
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    Comparable Homes

    Homes like this sold for $340-879K.

    $290K
    $920K

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    Neighborhood

    Market guide

    Zillow predicts Gatewood home values will rise 4.7% next year, compared to a 5.4% increase for Seattle as a whole. Among Gatewood homes, this home is valued 22.3% more than the midpoint (median) home, but is valued 34.6% less per square foot.

    Foreclosures will be a factor impacting home values in the next several years. In Gatewood, the number of foreclosures waiting to be sold is 21.6% lower than in Seattle, and 38.9% lower than the national average. This lower local number could help Gatewood home values rise more quickly than other regions in Seattle.

    Learn more about forecast calculations or Gatewood home values.
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