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Seattle, WA
/
Columbia City
/
Rainer Valley
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Sold Closed September 15, 2023
$500,000
6,323 Sqft Lot
No Garage
40 xx Rainier Ave S Seattle WA 98118
SALE HISTORY
List price was $500,000
It took 43 days to go pending.
Then 58 days to close at $500,000
Backup offers encouraged! 4 tax parcels included with this sale for a total of 6,323 sqft, zoned NC255. Zoning allows for single purpose commercial structures, multi0story mixed use, retail, office, medical/dental, restaurants, business support and residential structures. Lots of potential for future development, build to 55 feet mid-rise. Great location in the path of process, high visibility with 100' of frontage on Rainer Ave. Possibility of assembling neighboring properties to more than double the footprint. Prime Columbia City location, walking distance to the Light Rail station, shopping, parks and amenities. Minutes from downtown Seattle.
Offer Review
No offer review date was specified
NWMLS Listing #
2078357
Listed by
Dick Pelascini, Windermere Bellevue Commons
Buyer's broker
Sarah-Cate Davis, Lake & Company
Contact our
Columbia City
Real Estate Lead
Wicklund Real Estate
Phone...
Email...
Schedule a Call
Time Adjusted Estimated Value
Property History
Sep 18, 2023
Sold
$500,000
NWMLS #2078357
Jul 20, 2023
Went Pending
$500,000
NWMLS #2078357
Jun 30, 2023
Back on Market
$500,000
NWMLS #2078357
Jun 08, 2023
Went Pending (Back-up Requested)
$500,000
NWMLS #2078357
Jun 07, 2023
Listed
$500,000
NWMLS #2078357
Mar 17, 2022
Listed
$500,000
NWMLS #1901984
More
Listing Details
  • Sale Price
    $500,000
  • Closing Date
    September 15, 2023
  • Last List Price
    $500,000
  • Original Price
    Same
  • List Date
    June 8, 2023
  • Pending Date
    July 20, 2023
  • Days to go Pending
    43 days
  • $/sqft (Total)
    --
  • $/sqft (Finished)
    /sqft
  • Listing Source
    NWMLS
  • MLS Number
    2078357
  • Listing Broker
    Dick Pelascini
  • Listing Office
    Windermere Bellevue Commons
  • Buyer's Broker
    Sarah-Cate Davis
  • Buyer Broker's Firm
    Lake & Company
Monthly Payment Estimate
  • Principal and Interest
    $2,528 / month
  • Property Taxes
    $669 / month
  • Homeowners Insurance
    $78 / month
  • TOTAL
    $3,275 / month

  • based on 20% down
    ($100,000)
  • and a
    6.5% Interest Rate
Property Details
  • Sqft (Total)
    0 sqft
  • Sqft (Finished)
    Unspecified
  • Sqft (Unfinished)
    None
  • Property Type
    Parcel
  • Sub Type
    Comm/Industrial
  • Bedrooms
    0 Bedrooms
  • Bathrooms
    0 Bathrooms
  • Lot
    6,323 sqft Lot
  • Lot Size Source
    Tax Records
  • Lot #
    17,18,19,20
  • Project
    Claremont Add
  • Total Stories
    Unspecified
  • Sqft Source
    Unspecified
Property Tax Info
  • 2021 Property Taxes
    $8,033 / year
  • No Senior Exemption
Public Parcel Data & Maps
Schools
  • School District
    Seattle
  • Elementary
    Unspecified
  • Middle
    Unspecified
  • High School
    Unspecified
HOA
  • HOA Dues
    Unspecified
  • Fees Assessed
    Unspecified
  • HOA Dues Include
    Unspecified
  • HOA Contact
    Unspecified
  • Management Contact
    Unspecified
Parking
  • Covered
    Unspecified
  • Has Garage
    No
Construction
  • Home Builder
    Unspecified
Cooling
Heating
Interior
Property
  • Lot Features
    Paved
    Sidewalk
Appliances
Terms
  • Bank Owned (REO)
    No
Utilities
  • Sewer
    In Street
  • Water Source
    In Street
Additional Info
  • Waterfront
    No
  • Air Conditioning (A/C)
    No
  • Buyer Broker's Compensation
    Unspecified
  • MLS Area #
    Area 380
  • Number of Photos
    10
  • Last Modification Time
    Monday, September 18, 2023 10:57 PM
  • System Listing ID
    5229273
Update Info
  • Closed
    2023-09-18 16:15:12
  • Pending Or Ctg
    2023-07-20 10:27:07
  • Back On Market
    2023-06-30 12:49:33
  • First For Sale
    2023-06-08 09:49:32
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Sold September 15, 2023
$500,000  
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Listing information is provided by the listing agent except as follows: BuilderB indicates that our system has grouped this listing under a home builder name that doesn't match the name provided by the listing broker. DevelopmentD indicates that our system has grouped this listing under a development name that doesn't match the name provided by the listing broker.
Neither Wicklund Real Estate nor any officer, agent, or employee of Wicklund Real Estate warrants the accuracy, reliability, or timeliness of any information on this website and shall not be liable for any losses caused by such reliance on the accuracy, reliability, or timeliness of such information. Any person or entity that relies on information obtained from this website does so at his or her own risk. The information contained in each listing has not been verified by Wicklund Real Estate. NWMLS listing data (indicated by the three trees icon) is provided (but not compiled) courtesy of the NWMLS.