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 | $759,000* List Price | 2 | 1 | 870 | $822 | - |
A 8731 13th Avenue NW Active | $649,950 List Price | 2 | 1 | 960 | $677 | 0.4 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.
Charming, thoughtfully updated Loyal Heights home ideally located just blocks from parks, cafes, neighborhood shops, and local schools. New roof, relined sewer, updated electrical and plumbing improvements, and fresh interior and exterior finishes make this home truly move-in ready. Bright, inviting interior with new flooring, heated kitchen floors, and a jetted tub, along with a clean and functional kitchen. Fully fenced backyard with hot tub, plus a rare 400 sq ft detached garage with shop space and ADU potential (buyer to verify). Abundant storage throughout — including additional attic space above the garage offers flexibility and room to grow, rarely found in homes of this era. Pre-inspected and dialed for its next owner — this is a rare opportunity to own a truly turnkey home in Loyal Heights.
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% |
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