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Sold Closed July 22, 2025

$370,000

3 Bedrooms

1 Bathroom

1,480 Sqft House

Built 1906

7,200 Sqft Lot

No Garage

5523 S Leo St Seattle WA 98178

SALE HISTORY

List price was $400,000
It took 4 days to go pending.
Then 43 days to close at $370,000
Closed at $250/SQFT.

Investor Alert: Exceptional Opportunity in Prime South Seattle Location! Unlock the potential of this 3 bdrm, 1-bath home situated on a 7,200 SF lot, zoned NR2—offering flexible options for investors, developers, or savvy buyers. Take advantage of the zoning and lot size to tear down and build new. The backyard is graced with mature rhododendrons. Located just minutes from the expanding Light Rail line, this property is ideally positioned for future growth and rising demand. Enjoy quick access to Kubota Gardens, Lake Washington, shopping, dining, and transit. Whether you're looking to fix & flip, buy & hold, or pursue new build, this property offers the location, lot size, & zoning to support a strong return on investment. Don’t miss out!

Offer Review Date

This listing's offer review date was Tuesday, June 10, 2025.

Listing source NWMLS MLS #

2372981

Listed by

Ken Crotts, eXp Realty

Buyer's broker

Chad Nolan, 1 Percent Lists

Contact our

Rainier Beach

Real Estate Lead

Rob Condiotty

John L. Scott

Phone...

Email...

Schedule a Call

Time Adjusted Estimated Value

County Wide

In

King County WA
prices for

Single Family Homes
have changed

-2%
since

Jul 22, 2025
so a sale price of

$370,000
would be approximately this amount today

$359,560

City Wide

In

Seattle WA
prices for

Single Family Homes
have changed

-0%
since

Jul 22, 2025
so a sale price of

$370,000
would be approximately this amount today

$370,000

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.

Bedroom & Bathroom Layout

MAIN

BDRM

FULL
BATH

Property History

Jul 24, 2026

Listed

$589,500

NWMLS #2559912

Jul 23, 2025

Sold

$370,000

NWMLS #2372981

Jun 09, 2025

Went Pending

$400,000

NWMLS #2372981

Jun 05, 2025

Listed

$400,000

NWMLS #2372981

Listing Details

Sale Price

$370,000
Closing Date

July 22, 2025
Last List Price

$400,000
Original Price

Same
List Date

June 5, 2025
Pending Date

June 9, 2025
Days to go Pending

4 days
$/sqft (Total)

$250/sqft
$/sqft (Finished)

Same
Listing Source

NWMLS
MLS Number

2372981
Listing Broker

Ken Crotts
Listing Office

eXp Realty
Buyer's Broker

Chad Nolan
Buyer Broker's Firm

1 Percent Lists

Monthly Payment Estimate

Principal and Interest

$1,940 / month
Property Taxes

$84 / month
Homeowners Insurance

$88 / month
TOTAL

$2,112 / month
based on 20% down

($74,000)
and a

6.85% Interest Rate
About:

All calculations are estimates only and provided by Mainview LLC. Actual amounts will vary.

House Details

Sqft (Total)

1,480 sqft
Sqft (Finished)

1,480 sqft
Sqft (Unfinished)

None
Property Type

House
Sub Type

1 Story + Basement
Bedrooms

3 Bedrooms
Bathrooms

1 Bathroom
Lot

7,200 sqft Lot
Lot Size Source

KCR
Lot #

13
Project

Unspecified
Total Stories

2 stories
Sqft Source

KCR

Property Tax Info

2025 Property Taxes

$1,004 / year
Yes Senior Exemption

Public Parcel Data & Maps

County

King County
Parcel #

3352400725
County Website

King County Assessor Parcel Detail
County Parcel Map

King County Parcel Map
County GIS Map

County GIS Area Map
About

County links provided by Mainview LLC

Schools

School District

Seattle
Elementary

Rainier View
Middle

Aki Kurose
High School

Rainier Beach High

HOA

HOA Dues

Unspecified
Fees Assessed

Unspecified
HOA Dues Include

Unspecified
HOA Contact

Unspecified
Management Contact

Unspecified

Parking

Covered

Unspecified
Types

Driveway
Has Garage

No

Construction

Year Built

1906
Home Builder

Unspecified

Cooling

Includes

None

Heating

Includes

Baseboard

Interior

Flooring

Vinyl
Carpet

Property

Lot Features

Paved
Site Features

Cable TV
Fenced-Partially

Appliances

Terms

Bank Owned (REO)

No

Utilities

Energy

Electric
Sewer

Sewer Connected
Water Source

Public

Additional Info

Waterfront

No
Air Conditioning (A/C)

No
Buyer Broker's Compensation

Up to 2.5%
MLS Area #

Area 380
Number of Photos

21
Last Modification Time

Friday, August 22, 2025 4:01 AM
System Listing ID

5445334

Update Info

Closed

2025-07-23 09:32:14
Pending Or Ctg

2025-06-09 14:50:37
First For Sale

2025-06-05 16:21:01

Listing details based on information submitted to the MLS GRID as of Friday, August 22, 2025 4:01 AM. 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.

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Sold July 22, 2025

$370,000 $400,000

3 BR 1 BA 1,480 SQFT

5523 S Leo St Seattle WA 98178

NWMLS #2372981. Ken Crotts, eXp Realty

Details

Map

Listing information is provided by the listing agent except as follows: Builder^B indicates that our system has grouped this listing under a home builder name that doesn't match the name provided by the listing broker. Development^D indicates that our system has grouped this listing under a development name that doesn't match the name provided by the listing broker.