7009 42nd Avenue S 1, Seattle, WA 98118, Seattle, 98118 - 4 bed, 4 bath
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7009 42nd Avenue S 1
Seattle, WA 98118
ACTIVE
CONDITION: FAIR
4Beds
4Baths
1,930Sq Ft
2,176Lot Size
Property Price
LIST PRICE$850,000
EST. MARKET VALUE
$890,669
4% BelowMARKET VALUE
SUMMARY
This 4-bedroom, 4-bathroom Single Family Residence represents a Strong Value Opportunity, listed at $850,000—positioned well below the $890,669 Fair Market Value by 4%. This valuation gap provides $40,669 in Instant Equity. With a Fair Condition Rating, the property offers a functional multi-level layout and a private deck, ideal for value-add cosmetic updates. Located steps from the Othello Light Rail, this transit-oriented asset is perfect for Buy-and-Hold Investors or Owner-Occupants seeking urban convenience without HOA restrictions.
Estimated Market Value
$890,669+$40,669 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 |
|---|---|---|---|---|---|---|
★ 7009 42nd Avenue S 1 Subject | $850,000* List Price | 4 | 4 | 1,930 | $461 | - |
A 6719 35th Place S Active | $649,000 List Price | 4 | 3 | 2,070 | $314 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 2003, the property is 23 years old, placing it in the 'Fair' category based on age. The kitchen and bathrooms appear to be original to the build, featuring dated light-wood cabinetry and older white appliances. While the home is well-maintained and functional, it lacks the modern renovations required for a higher rating.
PROSSTRENGTHS & OPPORTUNITIES
- Transit-Oriented Location
Situated steps from the Othello Light Rail Station, this property offers unparalleled connectivity to Downtown Seattle, UW, and Sea-Tac Airport, making it ideal for urban commuters.
- No HOA Fees
The absence of a Homeowners Association provides owners with greater financial flexibility and freedom from monthly dues and restrictive bylaws often found in similar multi-level developments.
- Functional Multi-Level Layout
With 4 bedrooms, 4 bathrooms, and a flexible lower-level space, the floor plan is perfectly suited for multi-generational living, guests, or a dedicated home office.
CONSRISKS & DEFICIENCIES
- Low Available Lot Utilization
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2176, living area = 1930.
- Inconsistent School Ratings
Local school ratings are mixed, with some assigned institutions scoring as low as 2/10, which may impact appeal for families prioritizing public education.
- Limited Outdoor Space
The modest lot size of 2,176 square feet relative to the home's footprint leaves very little room for a private yard or significant outdoor recreation area.
About 7009 42nd Avenue S 1
Exceptional South Seattle Location!!! A rare opportunity to enjoy exceptional convenience in one of South Seattle’s most connected neighborhoods. Located just steps from the Othello Light Rail Station, offering easy access to Downtown Seattle, UW, Sea-Tac Airport and destinations throughout the region. Daily essentials are within easy walking distance, including 3 Mien Vietnamese Market, Chase Bank, Bank of America, Safeway, UPS, restaurants, local businesses, and Seattle Children’s Odessa Brown Children’s Clinic. The home offers a bright, comfortable multi-level layout with generous living spaces, abundant natural light, a cozy gas fireplace and a private primary suite. The refreshed lower-level space provides additional flexibility for everyday living, guests or a home office. Attached garage, additional parking and no HOA add even more value and convenience. An excellent combination of space, walkability, transit access and urban convenience — ideal for buyers who want to enjoy Seattle living with shopping, dining, healthcare and transportation all close to home.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2003
- Lot Size
- 2,176 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Seattle Unified Schools
Brighton Elementary School
Grades PK-5 • 0.3 mi
3/10
Wing Luke Elementary School
Grades K-5 • 0.6 mi
8/10
Graham Hill Elementary School
Grades PK-5 • 0.7 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 1,930 | 1,803.474 |
| Lot Size | 2,176 | 4,544.116 |
| Price | $850.0K | $978.6K |
| Price per sq ft | $440 | $570 |
| Built year | 2003 | 1949 |
| HOA | $0 | $68 |
| Days on market | 28 | 36 |
Pricing History
Listed for Sale
Aug 12, 2026
$850,000
Initial Listing