Incredible double sized lot opportunity for investors, developers & builders in prime Northeast Seattle area. Lot size is 12,760 SF zoned LR1. Nestled in the ideal location of Wedgwood, this property is next to Maple Leaf, Childrens, UW, U-Village, Downtown, I-5, Northgate Light Rail, Greenlake & top rated schools. The close proximity to Dahl park, Matthews/Magnuson beach park offers an escape from the urban bustle while the plethora of shops & dining ensures a vibrant lifestyle at your doorstep. Current home is gutted & needs some serious TLC, but best value is in the land. Whether you choose to rehab the current dwelling, divide the lots or tear down & build on both the potential for success is boundless. Dont miss out on this one!
Property Details
Property Features
Listing Office:
Office Name: Kelly Right RE of Seattle LLC
Office Phone: (206) 525-5235
Listing Agent: Michelle Yi
Exterior Features
Exterior Information:
Waterfront: Creek
Lot Features
Lot Information:
Lot: Paved
Lot Size: 0.29 Acres
Other
Directions Information:
Directions: From I-5 S take exit 172, continue on NE 80th, left onto Lake City Way NE, right onto NE 85th St. Property is on the left.
Price Information
Listing Price Info
Price Summary:
List Price: $840,000
Tax Information:
Annual Amount: $8,093
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 $6.9K less 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: #2305490
Listing Office:
Office Name: Kelly Right RE of Seattle LLC
Office Phone: (206) 525-5235
Listing Agent: Michelle Yi
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: 12/3/2024, 11:17:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Mar 23, 2018
Mar 23, 2018Home Sold
$475,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$8,093
$766,000
2018
$6,692
$708,000
2017
$6,927
$644,000
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.
$4,260
Per Month
Principal & Interest
$4,193
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
$2,585
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
7
/10
Wedgwood Elementary School
2720 NE 85th St
Distance between this listing and this school0.29 miles
Public District Grades KG-5
5
/10
Sacajawea Elementary School
9501 20th Ave NE
Distance between this listing and this school0.58 miles
Public District Grades PK-5
9
/10
Thornton Creek Elementary School
7712 40th Ave NE
Distance between this listing and this school0.94 miles
Public District Grades PK-5
Nearby Schools
7
/10
Eckstein Middle School
3003 NE 75th St
Distance between this listing and this school0.68 miles
Public District Grades 6-8
5
/10
Jane Addams Middle School
11051 34th Ave NE
Distance between this listing and this school1.42 miles
Public District Grades 6-8
7
/10
Hazel Wolf K-8 School
11530 12th Ave NE
Distance between this listing and this school1.68 miles
Public District Grades PK-8
Nearby Schools
8
/10
Roosevelt High School
1410 NE 66th St
Distance between this listing and this school1.02 miles
Public District Grades 9-12
5
/10
Nathan Hale High School
10750 30th Ave NE
Distance between this listing and this school1.25 miles
Public District Grades 9-12
7
/10
Middle College High School
401 NE Northgate Way Ste 203
Distance between this listing and this school1.27 miles
The neighbors living near this home have an average income of $77,885. Most Seattle, WA residents have annual incomes between $35k-100k. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 2316 NE 85th St
What is the listing price of this property?
The listing price of 2316 NE 85th St property is $840,000.
What type of property is this?
The property 2316 NE 85th St is land located in Seattle, Washington, 98115.
Is this property for sale now?
Active Listing: 2316 NE 85th St 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 $8,093 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on March 23, 2018 for $475,000. (source: MLS/tax record).
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 2316 NE 85th St in Seattle, WA and zip code 98115 in the Wedgewood neighborhood. This home sits on a 0.29 acre lot. It has been listed on Rocket Homes since October 25, 2024 and is currently priced at $840,000.
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 listings in Seattle, WA decreased by 10.9% between October 2024 and November 2024. Listings spent 40 days on the market in November 2024, and had a median list price of $846,981 during the same period.
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. 
Hiking/backpacking
Hiking/backpacking
Live Theatre
Tennis
Bloomingdales
Crate & Barrel
H&M
Starbucks
Boston Market
Chipotle
Audi
Mercedes
BMW
Alternative
News