
Seattle, WA 98118
This Spanish-style single-family residence represents a Strong Value Opportunity, listed at $599,000—positioned well below the $620,468 Fair Market Value by 3%. This valuation gap offers $21,468 in Instant Equity. Featuring a Condition Rating of 3, the home includes significant system upgrades like a new heat pump, updated electrical, and a new sewer line. While the 950 sqft layout is compact, the basement offers expansion potential. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3836 Courtland Place S Subject 3 bd · 1 ba · 950 sqft · $653 | $599,000* List Price | 3 | 1 | 950 | $653 | - |
A 4229 46th Avenue S Sold 2 bd · 1 ba · 1,080 sqft · $685 · 0.6 mi | $740,000 | 2 | 1 | 1,080 | $685 | 0.6 mi |
B 4161 41st Avenue S Sold 3 bd · 2 ba · 1,080 sqft · $632 · 0.4 mi | $683,000 | 3 | 2 | 1,080 | $632 | 0.4 mi |
C 4513 Cascadia Avenue S Sold 3 bd · 2 ba · 870 sqft · $784 · 0.5 mi | $682,000 | 3 | 2 | 870 | $784 | 0.5 mi |
D 4205 34th Avenue S Active 2 bd · 1 ba · 1,110 sqft · $514 · 0.3 mi | $570,000 List Price | 2 | 1 | 1,110 | $514 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1929 but features extensive recent 'big-ticket' system updates including a new heat pump (HVAC), updated electrical panel/wiring, copper plumbing, and a new sewer line. While the kitchen cabinetry and single bathroom appear dated, the home is move-in ready with brand-new stainless appliances, new carpet, and a well-maintained structure.
The property features significant updates to major systems, including a new sewer line, updated electrical and copper plumbing, a newer roof, and a heat pump for year-round climate control, reducing immediate maintenance concerns.
A large basement offers versatile space for a workshop or storage, providing a significant opportunity for future square footage expansion to increase the home's overall value.
Located in the desirable Mt Baker neighborhood, the home is minutes away from Lake Washington, local parks, Columbia City, and light rail, offering high convenience and lifestyle appeal.
With three bedrooms but only one bathroom, the home may present logistical challenges for families or households with multiple occupants.
At 950 square feet for a three-bedroom configuration, the individual room sizes and main living areas may feel constrained compared to modern residential standards.
Charming Spanish-style home in a convenient Mount Baker location, blending timeless character with thoughtful updates to the big-ticket systems! Original wood floors and classic millwork bring warmth and personality to this inviting 3-bedroom, 1-bath home. The spacious living room flows into a generous dining room perfect for hosting friends. The light-filled galley kitchen offers ample storage and brand-new stainless steel appliances, while all three bedrooms feature new carpet. Downstairs, a huge basement provides laundry and abundant room for storage, hobbies, a workshop, or future expansion possibilities. Outside, enjoy a backyard and off-street parking for multiple vehicles. Extensive improvements include an updated electrical panel and wiring, Ethernet cabling, copper supply plumbing, added insulation, and a heat pump for year-round heating and cooling. Additional updates include a torch-down roof, attic ventilation, and a new sewer line to the street. Just minutes from Lake Washington, Mioposto, Mount Baker Community Club, neighborhood parks, Columbia City, and light rail, this home offers classic Seattle charm, flexible space, and everyday convenience, with many major improvements already taken care of. Come see the possibilities and imagine making this special home your own!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 950 | 1,801.924 |
| Lot Size | 4,080 | 4,494.536 |
| Price | $599.0K | $974.4K |
| Price per sq ft | $631 | $569 |
| Built year | 1929 | 1948 |
| HOA | $0 | $78 |
| Days on market | 3 | 35 |
Oct 22, 2026
$599,000
Initial Listing