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University District
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Pending Went pending in 26 days
$3,850,000
12,960 Sqft Lot
No Garage
4740 17th Ave NE Seattle WA 98105
PENDING SALE. This listing went Pending on March 12, 2024

Some pending sales don't become final. Contact Us if this property is really important to you so we can check on it right now. The seller has reached an agreement with a buyer to sell this property. If things go as planned, the sale will become final in the near future. The buyer and seller have agreed on a price but it's not public until the sale closes. The last published list price was $3,850,000.
Paragon Real Estate Advisors is pleased to announce the exclusive listing of the UW 17th Ave Development Site located blocks away from the University of Washington. The property is located at 4740 17th Ave NE and is currently a parking lot. The site is 12,960 square feet and is zoned LR3(M) in the University District Urban Center. Early design review proposed the highest and best use is a 5 story 91 unit SEDU building with a total of 34,960 gross and 29,806 rentable square feet but a townhouse project is also feasible. The average unit size is +/-327 square feet. Located in the heart of the University of Washington’s off-campus housing, the new development will benefit significantly from high rental demand of student housing.
Offer Review
No offer review date was specified
NWMLS Listing #
2200603
Listed by
Brian D. Platt, Paragon Real Estate Advisors
Ben Douglas, Paragon Real Estate Advisors
Contact our
University District
Real Estate Lead
Wicklund Real Estate
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Property History
Mar 12, 2024
Went Pending
$3,850,000
NWMLS #2200603
Feb 16, 2024
Listed
$3,850,000
NWMLS #2200603
Apr 30, 2006
Sold
$4,500,000
NWMLS #26016304
More
Listing Details
  • Status
    Pending
  • Last Listed Price
    $3,850,000
  • Original Price
    Same as current
  • List Date
    February 16, 2024
  • Last Status Change
    March 12, 2024
  • Last Update
    April 10, 2024
  • Days on Market
    75 Days
  • Cumulative DOM
    26 Days
  • Pending Date
    March 12, 2024
  • Days to go Pending
    26
  • $/sqft (Total)
    --
  • $/sqft (Finished)
    /sqft
  • Listing Source
    NWMLS
  • MLS Number
    2200603
  • Listing Broker
    Brian D. Platt
  • Listing Office
    Paragon Real Estate Advisors
Monthly Payment Estimate
  • Principal and Interest
    $19,468 / month
  • Property Taxes
    / month
  • Homeowners Insurance
    $264 / month
  • TOTAL
    $19,732 / month

  • based on 20% down
    ($770,000)
  • and a
    6.5% Interest Rate
Property Details
  • Sqft (Total)
    0 sqft
  • Sqft (Finished)
    Unspecified
  • Sqft (Unfinished)
    None
  • Property Type
    Parcel
  • Sub Type
    Multi-Family
  • Bedrooms
    Bedrooms
  • Bathrooms
    0 Bathrooms
  • Lot
    12,960 sqft Lot
  • Lot Size Source
    King County
  • Lot #
    Unspecified
  • Project
    Unspecified
  • Total Stories
    Unspecified
  • Sqft Source
    Unspecified
Property Tax Info
  • Property Taxes
    Unspecified
  • 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
Parking
  • Covered
    Unspecified
  • Has Garage
    No
Construction
  • Home Builder
    Unspecified
Cooling
Heating
Interior
Property
Appliances
Terms
  • 3rd Party Approval Required)
    No
  • Bank Owned (REO)
    No
  • Complex FHA Availability
    Unspecified
  • Potential Terms
    Cash Out
    Conventional
Utilities
  • Sewer
    Available
  • Water Source
    Available
Additional Info
  • Waterfront
    No
  • Air Conditioning (A/C)
    No
  • Buyer Broker's Compensation
    2.5
  • MLS Area #
    Area 710
  • Number of Photos
    7
  • Last Modification Time
    Wednesday, April 10, 2024 6:52 PM
  • System Listing ID
    5291322
Update Info
  • Pending Or Ctg
    2024-03-12 15:36:05
  • First For Sale
    2024-02-16 14:49:42
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Pending March 12, 2024
$3,850,000  
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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.