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5101 Ravenna Ave NE, Seattle, WA, 98105

$2,250,000

Home List Price

$10,000*

Closing Credit

0 Baths
4,800 SqFt
$469/SqFt
House

Location

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5101 Ravenna Ave NE, Seattle$2,250,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Year Built1956
HeatingBaseboard
CoolingNone
ViewCity
MLS #2300893
Lot Size0.01 Acres
StatusActive

About 5101 Ravenna Ave NE

Ravenna Terrace, a 7-unit building ideally situated near work, school & play, Ravenna Terrace features an attractive mix of 6 2-bed & 1 1-bed units. These mid-century floorplans average in size of 686sf & have received updates to cabinetry, counters & appliances on turns. Ownership has replaced all the windows with double pane units & the roof has received a recoat in last 2 yrs. With nearby economic drivers including Seattle Childrens, U-Village and UW Hospital as well as UW. Investors will benefit from a diverse tenant pool. A well cared for asset, Ravenna Terrace presents an attractive opportunity to realize upside from current below market rents as well as additional lift through unit upgrades.

Property Details

Property Features

Property Information:

  • Year Built: 1956
  • Stories: 2
  • Living Area: 4,800 SqFt

Listing Office:

  • Office Name: Lee & Associates Commercial RE
  • Office Phone: (206) 267-1457
  • Listing Agent: Daniel Lim

Interior Features

Interior Information:

  • Flooring Type: Softwood, Hardwood, Laminate, Vinyl Plank
  • Interior: Fir/Softwood, Hardwood, Laminate

Exterior Features

Exterior Information:

  • View: City
  • Exterior: Brick

Lot Features

Lot Information:

  • Lot: Sidewalk
  • Lot Size: 0.01 Acres

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: None

Other

Directions Information:

  • Directions: Head north on Ravenna Ave NE property on right at corner of 51st St

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,250,000
  • Price Per SqFt: $469/SqFt

Tax Information:

  • Annual Amount: $18,507
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Seattle, WA.

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Seattle, WA

City

Med. Sold Price

$847.4K

Med. Price/SqFt

$567

Avg. Days On Market

34

# of Sold Homes

827

5101 Ravenna Ave NE vs Seattle

37 DAYS ON ROCKET

+3 Days

$2,250,000

+$1.4M More

$469/SqFt

-$99 Less

KEY TAKEAWAY

This property is $1.4M more than the Median Sold Price and $99/SqFt less than other homes in Seattle, WA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NWMLS
  • MLS Number: #2300893

Listing Office:

  • Office Name: Lee & Associates Commercial RE
  • Office Phone: (206) 267-1457
  • Listing Agent: Daniel Lim

IDX 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.

IDXThe 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.

DMCA Notice

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: 11/17/2024, 4:17:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 24, 1992Home Sold
$350,000

Tax History

YEARPROP. TAXASSESSMENT
2020$18,507$1,911,000
2018$13,870$1,600,000
2017$15,005$1,509,000

History based on county public records data.

Payment Calculator

$11.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,812

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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.

Nearby Schools

school-card-donut-516229
6
/10

  • Bryant Elementary School

  • 3311 NE 60th St

  • 0.67 miles

  • Public District Grades KG-5

school-card-donut-516230
9
/10

  • McDonald International Elementary School

  • 144 NE 54th St

  • 1.08 miles

  • Public District Grades KG-5

school-card-donut-516231
10
/10

  • John Stanford International Elementary School

  • 4057 5th Ave NE

  • 1.12 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $11,297. The majority of Seattle, WA residents have income less than $35k annually. The most common type of family is 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 5101 Ravenna Ave NE

What is the listing price of this property?

The listing price of 5101 Ravenna Ave NE property is $2,250,000.

What type of property is this?

The property 5101 Ravenna Ave NE is a house located in Seattle, Washington, 98105.

Is this property for sale now?

Active Listing: 5101 Ravenna Ave 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 $18,507 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on November 24, 1992 for $350,000. (source: MLS/tax record).

What is the square footage of this property?

The property 5101 Ravenna Ave NE is 4,800 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5101 Ravenna Ave NE is 1956.

Rocket Homes›Washington›King County›Seattle›98105›5101 Ravenna Ave NE

This home is located at 5101 Ravenna Ave NE in Seattle, WA and zip code 98105 in the Northeast neighborhood. This 4,800 square foot home, which was built in 1956, sits on a 0.01 acre lot. It has been listed on Rocket Homes since October 11, 2024 and is currently priced at $2,250,000.

Seattle, WA housing market in October 2024 saw over 232 listings sold above listed price, more than 260 sold at listed price and over 335 sold below. The number of homes for sale in Seattle, WA increased by 14.7% between September 2024 and October 2024. Listings spent 34 days on the market in October 2024, and had a median list price of $847,413 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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