8507 39th Avenue S, Seattle, WA 98118, Seattle, 98118 - 3 bed, 3 bath
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8507 39th Avenue S
Seattle, WA 98118
ACTIVE
CONDITION: FAIR
3Beds
3Baths
1,990Sq Ft
5,075Lot Size
Property Price
LIST PRICE$690,000
EST. MARKET VALUE
$676,553
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $690,000—positioned slightly above the $676,554 Fair Market Value. While the home requires modernization, its Condition Rating of 4 and 1,990 square feet of living space provide a solid foundation for value-add renovations. Featuring mountain views and a functional split-entry layout, the home offers significant upside for those ready to modernize the interior. This is a strategic acquisition ideal for Buy-and-Hold Investors or Owner-Occupants looking to build equity through sweat equity.
Estimated Market Value
$676,553
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 |
|---|---|---|---|---|---|---|
★ 8507 39th Avenue S Subject 3 bd · 3 ba · 1,990 sqft · $340 | $690,000* List Price | 3 | 3 | 1,990 | $340 | - |
A 9344 52nd Avenue S Sold 4 bd · 2 ba · 1,580 sqft · $307 · 1.0 mi | $485,000 | 4 | 2 | 1,580 | $307 | 1.0 mi |
B 9344 52nd Avenue S Sold 4 bd · 2 ba · 1,580 sqft · $307 · 1.0 mi | $485,000 | 4 | 2 | 1,580 | $307 | 1.0 mi |
C 8128 Wolcott Avenue S Sold 4 bd · 3 ba · 1,740 sqft · $428 · 0.8 mi | $745,000 | 4 | 3 | 1,740 | $428 | 0.8 mi |
D 8435 46th ave S Sold 3 bd · 2 ba · 1,300 sqft · $413 · 0.4 mi | $537,000 | 3 | 2 | 1,300 | $413 | 0.4 mi |
E 3809 S Trenton Street Active 2 bd · 2 ba · 1,668 sqft · $353 · 0.2 mi | $588,000 List Price | 2 | 2 | 1,668 | $353 | 0.2 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 1968 and offered 'AS IS' as an estate sale, the property is functional but dated. While there are some newer flooring updates and fresh paint, the bathrooms and kitchen appear to be over 20-30 years old. The listing's emphasis on 'bringing vision' and 'future improvements' aligns with a property needing cosmetic and system updates rather than a full structural rehab.
PROSSTRENGTHS & OPPORTUNITIES
- Mountain Views
The property features desirable mountain views, a premium asset in the Seattle market that enhances both daily enjoyment and long-term resale value.
- Versatile Living Space
With nearly 2,000 square feet and a functional split-entry layout including a large lower-level family room, the home offers excellent flexibility for multi-generational living or entertaining.
- Value-Add Opportunity
Positioned as an estate sale with a competitive price point, this property provides a significant opportunity for investors or buyers to build equity through strategic renovations and modernization.
CONSRISKS & DEFICIENCIES
- As-Is Condition
The home is being sold in its current state as an estate sale, which may necessitate immediate out-of-pocket expenses for repairs or deferred maintenance.
- Modernization Required
Built in 1968, the property likely requires comprehensive updates to its interior finishes and potentially its core systems to meet contemporary standards and buyer expectations.
About 8507 39th Avenue S
Opportunity awaits! This 3-bedroom, 3-bath split-entry home offers a functional floor plan, generous living space, dining room and excellent potential for the buyer ready to bring their vision. The lower level features a spacious family room, laundry area, and additional storage, providing flexibility for everyday living, entertaining, or future improvements. Step outside onto the deck and enjoy the added outdoor space. Being sold as an estate sale and offered AS IS, this property presents an exciting opportunity for a homeowner, investor, or buyer looking to build equity through updates and improvements. With the right vision, this home has the potential to shine. Bring your offers and unlock the possibilities! Pre-inspection report available.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1968
- Lot Size
- 5,075 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
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 | 1,990 | 1,801.924 |
| Lot Size | 5,075 | 4,494.536 |
| Price | $690.0K | $974.4K |
| Price per sq ft | $347 | $569 |
| Built year | 1968 | 1948 |
| HOA | $0 | $78 |
| Days on market | 16 | 35 |
Pricing History
Listed for Sale
Oct 8, 2026
$690,000
Initial Listing