Bought with Real Property Associates
$820,000
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6,000 Sqft Lot
SOLD DATE : 11/05/2024
Key Details
Sold Price $820,000
Property Type Vacant Land
Sub Type Land
Listing Status Sold
Purchase Type For Sale
Subdivision Magnolia
MLS Listing ID 2297130
Sold Date 11/05/24
Style 40 - Res-Less thn 1 Ac
Lot Size 6,000 Sqft
Property Description
A Preliminary Municipal Code Review allows for 3 dwelling units including a principal dwelling, one attached accessory dwelling, and one detached accessory dwelling unit – buyer to verify development potential. The property benefits from a large 6,000 square foot lot with alley access to the East presenting an array of site plan options. AADU/DADU sales have been selling in the mid $750/foot range with new construction primary homes selling in the upper $600/ foot range. The existing structure is a 2BD/1BTH single family home with a basement presenting the opportunity to change the classification of the existing structure to a DADU and build an AADU and primary home on the Eastern portion of the lot.
Location
State WA
County King
Area 700 - Queen Anne/Magnolia
Interior
Fireplace false
Exterior
Utilities Available Electricity Available, Natural Gas Available
View Y/N No
Building
Sewer Available
Water Available
Schools
School District Seattle
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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