
Seattle, WA 98117
This Versatile Single Family Residence is a Strong Value Opportunity, listed at $1,095,000—positioned well below the $1,108,442 Fair Market Value by 1%. This valuation gap offers $13,442 in Instant Equity. Featuring a Condition Rating of 3, the home includes a high-efficiency heat pump and a flexible lower level with a second kitchen. Located in the Loyal Heights district near top-rated schools, this property is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready home with income potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7548 28th Avenue NW Subject 4 bd · 3 ba · 2,000 sqft · $513 | $995,000* List Price | 4 | 3 | 2,000 | $513 | - |
A 7305 Earl Avenue NW Sold 4 bd · 2 ba · 2,160 sqft · $435 · 0.2 mi | $940,000 | 4 | 2 | 2,160 | $435 | 0.2 mi |
B 7305 Earl Avenue NW Sold 4 bd · 2 ba · 2,160 sqft · $435 · 0.2 mi | $940,000 | 4 | 2 | 2,160 | $435 | 0.2 mi |
C 7727 27th Avenue NW Sold 4 bd · 2 ba · 2,200 sqft · $432 · 0.1 mi | $950,000 | 4 | 2 | 2,200 | $432 | 0.1 mi |
D 7754 Jones Avenue NW Sold 3 bd · 2 ba · 2,200 sqft · $507 · 0.3 mi | $1,115,000 | 3 | 2 | 2,200 | $507 | 0.3 mi |
E 8028 23rd Avenue NW Sold 4 bd · 2 ba · 2,270 sqft · $507 · 0.4 mi | $1,150,000 | 4 | 2 | 2,270 | $507 | 0.4 mi |
F 7217 28th Avenue NW Sold 3 bd · 2 ba · 1,780 sqft · $562 · 0.2 mi | $1,000,000 | 3 | 2 | 1,780 | $562 | 0.2 mi |
G 6903 32nd Avenue NW Sold 3 bd · 2 ba · 2,190 sqft · $490 · 0.5 mi | $1,073,000 | 3 | 2 | 2,190 | $490 | 0.5 mi |
H 7337 Jones Avenue NW Sold 3 bd · 2 ba · 2,090 sqft · $596 · 0.3 mi | $1,245,000 | 3 | 2 | 2,090 | $596 | 0.3 mi |
I 7316 Earl Avenue NW Pending 3 bd · 2 ba · 2,160 sqft · $509 · 0.2 mi | $1,100,000 List Price | 3 | 2 | 2,160 | $509 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Despite being built in 1947, the property has undergone significant renovations within the 5-15 year range. The main kitchen features updated white cabinetry and stainless steel appliances, the systems are upgraded with a high-efficiency heat pump, and the interior is clean, functional, and completely move-in ready.
The lower level features a second kitchen, living area, and separate bedrooms, providing an ideal setup for rental income, multi-generational living, or a private home office.
Situated in the heart of Loyal Heights, the home is walkable to parks and cafes and is served by highly-rated schools, including Loyal Heights Elementary and Ballard High School.
The inclusion of a high-efficiency heat pump offers modern climate control and energy savings, a significant value-add for a classic 1940s home.
At 4,080 square feet, the lot is relatively small, which may limit outdoor activities or future footprint expansions compared to other residential properties.
While charming and well-preserved, the 1947 construction may necessitate ongoing maintenance or updates to aging infrastructure typical of mid-century homes.
Classic Seattle charm in the heart of Loyal Heights! Filled with warmth, natural light and beautifully preserved character, this inviting home features refinished pecan floors, vintage light fixtures and original tilework. Bright western exposure brings wonderful afternoon light and colorful evening skies, while a high-efficiency heat pump provides year-round comfort. Generous windows create bright, cheerful interiors, and the home’s original details add the personality and craftsmanship that make classic Seattle homes so special. The main level offers welcoming living and dining spaces and comfortable bedrooms, creating an easy flow for everyday living and entertaining. The finished lower level adds exceptional flexibility for guests, a home office, media room, hobbies or extended living. Step outside to a fully fenced yard with mature fruit trees and a covered patio—an inviting spot for morning coffee, summer gatherings or relaxing at the end of the day. A large detached shed with bonus space offers even more possibilities as a studio, workshop, playroom or creative retreat. Enjoy the best of neighborhood living with restaurants and coffee shops just blocks away, plus easy access to Golden Gardens and Sunset Hill Park for beach days, evening walks and spectacular Puget Sound sunsets. Full of character, flexible space and outdoor appeal, this is a wonderful opportunity to make your home in one of Seattle’s most loved neighborhoods.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades PK-5 • 0.8 mi
Grades 6-8 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,000 | 1,801.924 |
| Lot Size | 4,080 | 4,494.536 |
| Price | $995.0K | $974.4K |
| Price per sq ft | $498 | $569 |
| Built year | 1947 | 1948 |
| HOA | $0 | $78 |
| Days on market | 31 | 35 |
Oct 21, 2026
$995,000
$1,049,000
-5% Price Drop
Initial Listing
Oct 8, 2026
$1,049,000
$1,095,000
-4% Price Drop
Initial Listing
Sep 23, 2026
$1,095,000
Initial Listing