The current building is made up of 9,795 square feet of office space and sits on a 30,266 square foot lot zoned NC3-75 (M). The property has long term tenants that are mostly month-to-month providing a developer with income on the property while pursuing permits to eventually develop on the property. The property is well situated for development as it is a corner lot with frontage to Erickson Pl NE, NE 135th St, and Lake City Way NE. The property has a 5.5 Floor Area Ratio (FAR) and a 75 foot height limit making the total development potential of the site about 166,463 gross square feet.
Property Details
Property Features
Listing Office:
Office Name: Paragon Real Estate Advisors
Office Phone: (206) 623-8880
Listing Agent: Michael Urquhart
Lot Features
Lot Information:
Lot Size: 0.69 Acres
Other
Directions Information:
Directions: From Downtown Seattle, get on I-5 N. Follow I-5 N to WA-522 E/Lake City Way NE. Take exit 171 from I-5 N. Follow WA-522 E/Lake City Way NE.
Price Information
Listing Price Info
Price Summary:
List Price: $3,300,000
Tax Information:
Annual Amount: $28,193
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Seattle, WA.
This property is $2.4M more than the Median Sold Price in Seattle, WA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: NWMLS
MLS Number: #2206495
Listing Office:
Office Name: Paragon Real Estate Advisors
Office Phone: (206) 623-8880
Listing Agent: Michael Urquhart
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
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.
Disclaimer: The information contained in this listing has not been verified by Rocket Homes Real Estate, LLC and should be verified by the buyer. All information deemed reliable but not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. All properties are subject to prior sale, change or withdrawal. Neither broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Days on site is calculated from the listing date of the current listing and includes the sum of market time from prior listings for the same property uninterrupted by a sale or more than 60 days off-market. Time off market, including time when a sale is pending, temporarily off market, etc. is not included. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/18/2024, 5:17:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$28,193
$2,573,600
2018
$17,442
$1,665,600
2017
$19,346
$1,665,600
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$16.5K
Per Month
Principal & Interest
$16.4K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$9,960
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
8
/10
Cedar Park Elementary School
13224 37th Ave NE
Distance between this listing and this school0.22 miles
Public District Grades PK-5
5
/10
Olympic Hills Elementary School
13018 20th Ave NE
Distance between this listing and this school0.73 miles
Public District Grades PK-5
6
/10
Briarcrest Elementary School
2715 NE 158th St
Distance between this listing and this school1.11 miles
Public District Grades KG-6
Nearby Schools
5
/10
Jane Addams Middle School
11051 34th Ave NE
Distance between this listing and this school1.16 miles
Public District Grades 6-8
7
/10
Hazel Wolf K-8 School
11530 12th Ave NE
Distance between this listing and this school1.39 miles
Public District Grades PK-8
8
/10
Kellogg Middle School
16045 25th Ave NE
Distance between this listing and this school1.41 miles
Public District Grades 7-8
Nearby Schools
8
/10
Shorecrest High School
15343 25th Ave NE
Distance between this listing and this school1.15 miles
Public District Grades 9-12
5
/10
Nathan Hale High School
10750 30th Ave NE
Distance between this listing and this school1.33 miles
Public District Grades 9-12
7
/10
Edward S. Ingraham High School
1819 N 135th St
Distance between this listing and this school2.11 miles
The neighbors living near this home have an average income of $33,359. The most common annual income of people living in Seattle, WA is less than $35k. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 13500 Lake City Way NE
What is the listing price of this property?
The listing price of 13500 Lake City Way NE property is $3,300,000.
What type of property is this?
The property 13500 Lake City Way NE is land located in Seattle, Washington, 98125.
Is this property for sale now?
Active Listing: 13500 Lake City Way NE is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $28,193 (source: MLS/based on county public records data).
How much acreage is this property?
The property 13500 Lake City Way NE is 0.69 acres.
Interested in 13500 Lake City Way NE? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 13500 Lake City Way NE in Seattle, WA and zip code 98125 in the North neighborhood. This home sits on a 0.69 acre lot. It has been listed on Rocket Homes since March 06, 2024 and is currently priced at $3,300,000.
While more than 135 listings in Seattle, WA in November 2024 were sold above asking price, there were more than 195 listings sold at asking price, and more than 305 were sold below. The number of homes for sale in Seattle, WA decreased by 10.9% between October 2024 and November 2024. The median list price of listings available in November 2024 was $846,981, while the average time on the real estate market was 40 days.
From Rocket Homes Real Estate and based on county public records data.
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved. 
Major League Soccer (MLS)
Major League Soccer (MLS)
Music Concerts
Art Museums
Banana Republic
H&M
Bloomingdales
Jack In The Box
Chipotle
Starbucks
Toyota
Volkswagen
Audi
Jazz
Rhythmic Contemporary Hits
News