7624 39th Avenue S, Seattle, WA 98118, Seattle, 98118 - 3 bed, 3 bath
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7624 39th Avenue S
Seattle, WA 98118
ACTIVE
CONDITION: FAIR
3Beds
3Baths
1,320Sq Ft
2,562Lot Size
Property Price
LIST PRICE$650,000
EST. MARKET VALUE
$668,486
SUMMARY
This Prime Investment Opportunity is listed at a List Price of $650,000—positioned well below the $668,486 Fair Market Value by 2%. This valuation gap provides $18,486 in Instant Equity. Featuring a Condition Rating of 4, the home offers a functional 2005 layout with potential for cosmetic updates to drive further appreciation. With proximity to the Othello Light Rail and the highly-rated Wing Luke Elementary, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term value.
Estimated Market Value
$668,486
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 |
|---|---|---|---|---|---|---|
★ 7624 39th Avenue S Subject | $650,000* List Price | 3 | 3 | 1,320 | $506 | - |
A 7722 39th Avenue S Active | $749,000 List Price | 3 | 4 | 1,760 | $426 | 0.1 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 2005, the property is 21 years old and features original builder-grade finishes in the kitchen and bathrooms that appear dated. While the home is well-maintained and move-in ready, the age of the structure and systems like baseboard heating suggest a need for minor updates to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Transit Accessibility
The property is ideally situated near the Othello Light Rail station, providing residents with efficient and convenient commuting options to Downtown Seattle and surrounding areas.
- Modern Functional Layout
Built in 2005, the home features a well-designed floor plan that separates the open-concept living and entertaining spaces on the main level from the three private bedrooms upstairs.
- Strong Elementary Education
The residence is served by Wing Luke Elementary School, which boasts a high rating of 8/10, offering significant value for families with young children.
CONSRISKS & DEFICIENCIES
- Limited Lot Size
With a lot size of only 2,562 square feet, the outdoor space is relatively compact, which may limit options for extensive gardening or large-scale outdoor activities.
- High School Rating
The local high school, Rainier Beach, currently holds a low rating of 2/10, which could be a concern for buyers focused on long-term public school performance.
About 7624 39th Avenue S
New price. New opportunity in South Seattle. This three-bedroom home pairs comfortable everyday living with a fenced backyard, detached garage and convenient access to Othello Light Rail. The main level brings living, dining and kitchen spaces together for easy everyday living and entertaining, while three bedrooms upstairs provide separation from the main living areas. Step outside for gardening, with the detached garage adding valuable parking and storage. Located near neighborhood parks, trails, dining, shopping and transit.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2005
- Lot Size
- 2,562 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $79 / Month
Neighborhood Insights
Seattle Unified Schools
Wing Luke Elementary School
Grades K-5 • 0.3 mi
8/10
Van Asselt Elementary School
Grades K-5 • 0.4 mi
5/10
Dearborn Park Elementary School
Grades K-5 • 1.4 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,320 | 1,803.474 |
| Lot Size | 2,562 | 4,544.116 |
| Price | $650.0K | $978.6K |
| Price per sq ft | $492 | $570 |
| Built year | 2005 | 1949 |
| HOA | $79 | $68 |
| Days on market | 9 | 36 |
Pricing History
Listed for Sale
Aug 31, 2026
$650,000
Initial Listing