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$1,050,000 Just Listed
Property Description
Exceptional opportunity for builders, developers, investors, or anyone looking to build in Seattle's sought-after Madrona neighborhood. Skip the time, expense, and uncertainty of Seattle's permitting process-Seller has already secured building permits (#7050347-CN & #7088573-CN), along with a completed survey, arborist report, and fully engineered plans (no steel beam/column, R-21 exterior wall, simple standard size window package). Approved plans feature an approximately 3,300 SF, 3-story residence with 5 bedrooms, 5.5 bathrooms, and covered view decks at levels 2&3, plus a detached 800 SF ADU with 1 bedroom, 1.5 bathrooms, a full kitchen, and a living area. Partial views of Downtown Seattle and Portage Bay. Conveniently located near parks, cafes, shopping, and local amenities. Approved plans and supporting reports transfer at closing and are included in the list price.
Full Property Details
Full Property Details for 1500 31st Ave
General
- Price: $1,050,000
- Taxes: $8,638 (2026)
- Status: Active
- Type: Single Family
- Source: NWMLS
- MLS ID: 2531907
- Updated: 6/9/2026
- Added to Site: 4 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Main Floor Baths: 1
Bedrooms
- Total Bedrooms: 2
- Bedrooms Main: 2
Additional Information
- Amenities: Deck
Parking
- Garage: Yes
- Covered Spaces: 1
- Parking Features: Detached Garage, Off Street
Location
- Area: 390 - Central Seattle
- County: King
- Subdivision: Madrona
- Driving Directions: From E bound 520 take Montlake Blvd exit. Follow Lake Wa Blvd through Arboretum and cross over E Madison. Turn R on 32nd Ave E and follow to E Pike St. House will be on R.
School Information
- High School District: Seattle
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Wall Unit(s)
- Heating Type: Wall Furnace
Utilities
- Sewer: Sewer Connected
- Water: Public
Structural Information
- Structure Type: House
- Exterior Const.: Metal/Vinyl
- Roof: Composition
- Entry Location: Main
- Square Feet: 1,010
- Finished Total: 1,010 Sq. Ft.
- Year Built: 1907
Lot Features
- Property View: Territorial
- Lot Size (Acres): 0.0918
- Lot Size (Sq. Ft.): 4,000
- Lot Size Source: County records
- Lot Features: Paved, Sidewalk, Value In Land
- Trees/Vegetation: Fruit Trees
Financial Considerations
- Tax Amount: $8,638.74
- Tax Year: 2026
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: None
- Property ID: 9828202360
Listed by Lihai Wang-Schmid | Lake & Company | (206) 527-1777 and Andrew Schmid | Lake & Company | (206) 527-1777
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Schools
Schools serving 1500 31st Ave
School District:Seattle School District
| Name | Grades | Distance |
|---|---|---|
Madrona Elementary School, Seattle, WA 1121 33rd Avenue, Seattle, WA 98122 | PK-5 | 0.1 mi |
Edmonds S. Meany Middle School 301 21st Avenue East, Seattle, WA 98112 | 6-8 | 0.8 mi |
Garfield High School 400 23rd Avenue, Seattle, WA 98122 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1500 31st Ave
Date
Details
Price
Change
Source
5/29/2026
Listed
$1,050,000
96.26%
MLS
6/03/2016
Sold
$535,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1500 31st Ave
Year
Property Taxes
Change
Tax Assessment
Change
2026
$8,639
16%
$809,000
9%
2024
$7,432
5%
$744,000
-3%
2024
$7,098
6%
$764,000
—
2022
$6,715
5%
$764,000
11%
2021
$6,394
—
$687,000
8%
2021
$6,394
-2%
$637,000
-3%
2020
$6,495
10%
$657,000
-1%
2019
$5,908
4%
$665,000
20%
2018
$5,676
42%
$555,000
41%
2017
$3,985
643%
$395,000
8%
2016
$536
8%
$367,000
17%
2015
$495
—
$313,000
-2%
2014
$494
—
$318,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1500 31st Ave
1500 31st Avenue, Seattle, WA 98122 (MLS# 2531907) is a Single Family property with 2 bedrooms and 1 full bathroom. 1500 31st Avenue is currently listed for $1,050,000 and was received on June 05, 2026. Want to learn more about 1500 31st Avenue? Do you have questions about finding other Single Family real estate for sale in Seattle? You can browse all Seattle real estate or contact a Coldwell Banker agent to request more information.
