3844 49th Avenue SW, Seattle, WA 98116, Seattle, 98116 - 4 bed, 2 bath
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3844 49th Avenue SW
Seattle, WA 98116
PENDING
CONDITION: EXCELLENT
4Beds
2Baths
2,186Sq Ft
5,875Lot Size
Property Price
LIST PRICE$930,000
EST. MARKET VALUE
$1,025,756
9% BelowMARKET VALUE
SUMMARY
This Strong Value Opportunity is a versatile Single Family Residence listed at $930,000—positioned well below the $1,025,757 Fair Market Value by 9%. This valuation gap provides $95,757 in Instant Equity. Featuring an Excellent Condition Rating, the home includes a remodeled kitchen, a lower-level ADU, and a workshop with DADU potential. Located near the West Seattle Junction, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-utility, income-generating asset.
Estimated Market Value
$1,025,756+$95,756 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Seattle.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3844 49th Avenue SW Subject | $930,000* List Price | 4 | 2 | 2,186 | $469 | - |
A 4743 50th Avenue SW Sold | $1,026,000 | 3 | 2 | 2,120 | $484 | 0.6 mi |
B 4543 50th Avenue SW Sold | $1,200,000 | 4 | 3 | 2,640 | $455 | 0.5 mi |
C 3715 Walnut Avenue SW Sold | $875,000 | 3 | 1 | 1,690 | $518 | 0.5 mi |
D 4207 SW Manning St Sold | $815,000 | 3 | 2 | 1,490 | $547 | 0.4 mi |
E 3026 62nd Avenue SW Sold | $1,029,000 | 2 | 2 | 1,910 | $539 | 1.0 mi |
F 3854 48th Avenue SW Pending | $995,950 List Price | 4 | 2 | 1,920 | $519 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1952, the property has undergone significant recent renovations including a remodeled kitchen, a new bathroom in the lower-level ADU, and updated flooring throughout. Modern systems such as gas heat and a tankless water heater, combined with the mint condition of the interior and exterior, qualify it for an excellent rating.
PROSSTRENGTHS & OPPORTUNITIES
- Income & Expansion Potential
The property features a full lower-level ADU and a semi-detached bonus room with DADU potential, offering exceptional versatility for rental income or multi-generational living.
- Modernized Mid-Century Appeal
This 1952 home blends classic charm with modern upgrades, including a remodeled kitchen, gleaming hardwood floors, and a high-efficiency tankless water heater.
- Prime Residential Location
Situated on a quiet, tree-lined street near the West Seattle Junction and Genesee Elementary, the home offers a highly desirable neighborhood setting with excellent walkability.
CONSRISKS & DEFICIENCIES
- Converted Garage
The original garage has been converted into a workshop, which may be a drawback for buyers who require traditional covered vehicle storage.
- Vintage Infrastructure
As a mid-century build from 1952, the property may require more frequent maintenance or further system updates compared to modern new-construction homes.
About 3844 49th Avenue SW
This sweet mid-century home on a quiet street near the West Seattle Junction will steal your heart! As if 3 spacious bedrooms on the main floor with a remodeled kitchen, gleaming hardwood floors and a cozy fireplace aren't enough, it features a full ADU on the lower level with a new bathroom and a fireplace. Even better? A huge semi-detached bonus room is just begging to become a Detached ADU (DADU) or home business! Rounding it all off is a garage (converted to a large workshop) a lovely fenced back yard with new grass, raised garden beds and a great patio! Near Genesee Elementary, with sidewalks and tree lined streets. Gas heat, tankless water heater. Home is just one phone call away!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1952
- Lot Size
- 5,875 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 2,186 | 1,803.474 |
| Lot Size | 5,875 | 4,544.116 |
| Price | $930.0K | $978.6K |
| Price per sq ft | $425 | $570 |
| Built year | 1952 | 1949 |
| HOA | $0 | $68 |
| Days on market | 14 | 36 |
Pricing History
Listed for Sale
Aug 26, 2026
$930,000
Initial Listing