List price was $4,200,000
It took 125 days to go pending.
Then 142 days to close at $4,450,000
Located in the heart of Seattle's desirable and walkable Madrona neighborhood, the 34th & Spring development site is a 13,500-square foot, split zoned NC1-30 (M) and NC1-40 (M) lot currently containing a single-family home and a fourplex. The property can potentially be developed into SEDU's (63+ Units - 4,538 SF Retail), Apartments (26+ Units - 3,753 Retail), Mixed-Use (20K to 30K residential, 4K to 10.5K commercial), or Townhomes (16+ Units Total - 9 Live Works). Buyer to verify all development potential. Current reports include: Final scheme, survey, arborist report, soils report from across the street, tree feasibility report.
Assumptions: The original sale amount reflected a normal arms length sale. Any major updates would add to the value.
Any damage or deferred maintenance would subtract from the value.
Listing details based on information submitted to the MLS GRID as of Thursday, August 18, 2022 1:54 PM.
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.
Listing information is provided by the listing agent except as follows: BuilderB indicates
that our system has grouped this listing under a home builder name that doesn't match
the name provided
by the listing broker. DevelopmentD indicates
that our system has grouped this listing under a development name that doesn't match the name provided
by the listing broker.