8053 16th Avenue NW, Seattle, WA 98117, Seattle, 98117 - 2 bed, 1 bath
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Seattle, WA 98117
This Turnkey Loyal Heights Residence is a Prime Investment Opportunity listed at $795,000—positioned well below the $817,174 Fair Market Value by 2%. This valuation gap offers $22,174 in Instant Equity for a property with a Condition Rating of 2. Featuring a modernized kitchen with heated floors, a private hot tub, and a 400 sq ft detached garage with ADU potential, the home balances lifestyle luxury with future upside. Located near Top-Rated 8/10 Schools, it is perfect for Owner-Occupants or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8053 16th Avenue NW Subject | $764,000* List Price | 2 | 1 | 870 | $871 | - |
A 7534 Jones Avenue NW Pending | $775,000 List Price | 2 | 1 | 940 | $824 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1942, the property has undergone extensive recent renovations within the last 5 years that meet current quality standards. Key updates include a new roof, relined sewer, and updated electrical and plumbing systems. The interior is move-in ready with a modernized kitchen featuring shaker cabinets, quartz countertops, and heated floors, along with new flooring and fresh finishes throughout the home.
The home features extensive high-ticket updates including a new roof, relined sewer, and updated electrical and plumbing, offering peace of mind and immediate move-in readiness for a 1940s-era property.
The rare 400 sq ft detached garage includes shop space and attic storage, providing a versatile footprint for a potential Accessory Dwelling Unit (ADU) to increase future property value and utility.
Situated in the sought-after Loyal Heights neighborhood, the property is within walking distance to local amenities and top-rated schools, including Loyal Heights Elementary and Whitman Middle School.
With only 870 square feet of living space, the home's compact footprint may be restrictive for buyers seeking larger communal areas or dedicated home office space.
The 2-bedroom configuration is served by only one bathroom, which can be a significant limitation for growing households and may impact long-term resale appeal at this price point.
Now offered at an exceptional value in Loyal Heights. Ideally located just blocks from parks, cafes, neighborhood shops, and local schools, this home offers a rare opportunity to get into one of Seattle’s most sought-after neighborhoods at a great price point. Major updates are already complete, including a new roof, relined sewer, and updated electrical and plumbing, providing peace of mind for the next owner. Inside, the home features new flooring, fresh interior and exterior paint, heated kitchen floors, and a bright, functional layout. The fully fenced backyard includes a hot tub and space to relax or entertain. A rare 400 sq ft detached garage offers shop space, parking, and potential for a future ADU (buyer to verify), with additional attic storage above—adding flexibility and upside that’s hard to find at this price. Pre-inspected and move-in ready, this is a standout opportunity in Loyal Heights with both immediate comfort and long-term potential.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades PK-5 • 0.6 mi
Grades 6-8 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1942 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
May 23, 2026
$764,000
$759,000
+1% Price Increase
Initial Listing
Apr 18, 2026
$759,000
$779,000
-3% Price Drop
Initial Listing
Apr 8, 2026
$779,000
$795,000
-2% Price Drop
Initial Listing
Mar 19, 2026
$795,000
Initial Listing