8337 27th Avenue NW, Seattle, WA 98117, Seattle, 98117 - 2 bed, 1 bath
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8337 27th Avenue NW
Seattle, WA 98117
ACTIVE
CONDITION: GOOD
2Beds
1Baths
790Sq Ft
3,960Lot Size
Property Price
LIST PRICE$699,000
EST. MARKET VALUE
$759,344
7% BelowMARKET VALUE
SUMMARY
This Loyal Heights Single Family Residence is a Strong Value Opportunity, listed at $699,000—positioned well below the $759,345 Fair Market Value by 7%. This valuation gap offers $60,345 in Instant Equity. The property maintains a Condition Rating of 3, featuring gleaming hardwood floors and a detached garage with 220V EV charging. Located near top-rated schools (8/10) and Golden Gardens Park, it balances lifestyle appeal with redevelopment potential. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a prime Seattle location.
Estimated Market Value
$759,344+$60,344 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 |
|---|---|---|---|---|---|---|
★ 8337 27th Avenue NW Subject 2 bd · 1 ba · 790 sqft · $961 | $699,000* List Price | 2 | 1 | 790 | $961 | - |
A 8045 26th Avenue NW Sold 2 bd · 2 ba · 875 sqft · $935 · 0.1 mi | $818,000 | 2 | 2 | 875 | $935 | 0.1 mi |
B 7504 27th Avenue NW Sold 3 bd · 1 ba · 950 sqft · $932 · 0.5 mi | $885,000 | 3 | 1 | 950 | $932 | 0.5 mi |
C 8053 16th Avenue NW Sold 2 bd · 1 ba · 870 sqft · $856 · 0.6 mi | $745,000 | 2 | 1 | 870 | $856 | 0.6 mi |
D 8333 27th Avenue NW Pending 2 bd · 2 ba · 850 sqft · $971 · 0.0 mi | $825,000 List Price | 2 | 2 | 850 | $971 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
While built in 1949, the property is well-maintained and move-in ready with clear evidence of mid-term renovations (5-15 years). The interior features gleaming hardwood floors, recessed lighting, and a functional kitchen with stainless steel appliances. Systems appear updated, specifically the detached garage which is wired with 220V for EV charging.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location & Schools
Situated in the highly desirable Loyal Heights neighborhood, the property is within walking distance of top-rated schools (rating 8/10) and major parks like Golden Gardens, ensuring strong long-term appreciation.
- Redevelopment Potential
The 3,960 sq. ft. lot offers significant opportunity for builders and investors to capitalize on a fresh start in a high-demand area, providing versatility beyond a standard residential purchase.
- Modern Functional Upgrades
The home features valuable modern amenities including a detached garage wired for EV charging (220V), stainless steel appliances, and classic hardwood floors, making it an attractive move-in-ready starter home.
CONSRISKS & DEFICIENCIES
- Limited Living Space
At only 790 square feet, the home's compact footprint may be a significant drawback for buyers requiring more interior space or those with growing families.
- Market Stagnation
With 43 days on the market and a recent price reduction from $725,000, the property may be facing challenges in buyer perception regarding its value proposition in the current market.
About 8337 27th Avenue NW
Charming 2 bed / 1 bath, 790 sq. ft. Loyal Heights cottage on a 3,960 sq. ft. lot with real redevelopment potential down the road. For today’s buyer, this home is bursting with character: gleaming hardwood floors, recessed lighting, and a bright, welcoming living room centered around a classic wood-burning fireplace framed in timeless whitewashed brick. The stylish kitchen features tile counters and sleek stainless steel appliances. The full bath offers tile flooring and a vintage pedestal sink, completing this warm, well-loved interior. Outside, enjoy a fully fenced front and back yard, lush mature landscaping, a private deck perfect for relaxing, and a detached 1-car garage wired with 220V — ready for an EV charger to be added. Beautiful pavers front and back add lasting curb appeal and low-maintenance ease. Location is everything here: enjoy easy access to Hwy 99, with Golden Gardens Park, Sunset Hill Park, and Carkeek Park just moments from your door — plus Green Lake a short drive away — not to mention Loyal Heights’ favorite dining, boutique shops, and cozy cafés. If you’re looking for a place to call your own in one of Seattle’s most beloved neighborhoods, this Loyal Heights property truly delivers.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1949
- Lot Size
- 3,960 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Seattle Unified Schools
Loyal Heights Elementary School
Grades K-5 • 0.3 mi
8/10
North Beach Elementary School
Grades PK-5 • 0.4 mi
8/10
Whitman Middle School
Grades 6-8 • 0.8 mi
8/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 790 | 1,801.924 |
| Lot Size | 3,960 | 4,494.536 |
| Price | $699.0K | $974.4K |
| Price per sq ft | $885 | $569 |
| Built year | 1949 | 1948 |
| HOA | $0 | $78 |
| Days on market | 65 | 35 |
Pricing History
Listed for Sale
Oct 2, 2026
$699,000
$725,000
-4% Price Drop
Initial Listing
Price Change
Aug 20, 2026
$725,000
Initial Listing