215 31st Avenue E, Seattle, WA 98112
Property image
Property image
FOR SALE
NEW - 1 DAY AGO
Listed by Anastasia Miles, Windermere Real Estate/East, (425) 822-5100

215 31st Avenue E
Seattle, WA 98112

Madison Valley
  • 1 Bed
  • 1 Bath
  • 1,440 sqft

$995,000

Est. Mortgage $5,744/mo*

$995,000

Est. Mortgage $5,744/mo*
1 Bed
1 Bath
1,440 sqft
We estimate this home will sell faster than 85% nearby.

Local Information

  • Map ViewExplore the area around 215 31st Avenue E.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

**Exceptional Development Opportunity – The Value Is in the Land!** Prime 4,400 SF level lot (40' x 110') in one of Seattle's rapidly transforming neighborhoods. Builder activity is already underway with four new homes currently under construction directly across the street, highlighting the strong demand for new housing in the area. Zoned **Neighborhood Residential (NR)** under Seattle's Unified Development Code, this property offers exciting redevelopment potential. Four units are permitted by right with no discretionary design review required for that density. The site may also qualify for additional density through stacked-flat and/or frequent-transit bonus provisions due to its proximity to the Madison Street RapidRide G Line (buyer to verify). Potential eligibility for the 1.6 FAR tier allows approximately 7,000 SF of buildable floor area. Height limits are 32 feet, with potential for up to 42 feet through qualifying tree canopy incentives. An outstanding opportunity for builders, developers, and investors looking to capitalize on Seattle's evolving housing market. Buyer to verify all zoning, density, FAR, height, and development potential to their own satisfaction.
We estimate this home will sell faster than 85% nearby.

Home Highlights

Parking
No Info
Outdoor
Yes
A/C
Heating only
HOA
None
Price/Sqft
$691
Listed
1 day ago
Last check for updates: about 6 hours ago
Listing courtesy of Anastasia Miles
Windermere Real Estate/East
Source: NWMLS as distributed by MLS GRID, MLS#2550121

Home Details for 215 31st Avenue E

Active Status

MLS Status: Active

Interior Features

Interior Details
Basement: Daylight,FinishedNumber of Rooms: 6Types of Rooms: Master Bedroom, Bathroom Full, Entry Hall, Kitchen With Eating Space, Kitchen Without Eating Space, Living Room
Beds & Baths
Number of Bedrooms: 1Main Level Bedrooms: 1Number of Bathrooms: 1Number of Bathrooms (full): 1Number of Bathrooms (main level): 1
Dimensions and Layout
Living Area: 1440 Square Feet
Appliances & Utilities
Appliances: Dishwasher, Disposal, Dryer, Refrigerator, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Garbage Disposal, Refrigerator(s), Washer(s)DishwasherDisposalDryerRefrigeratorWasher
Heating & Cooling
Heating: Baseboard,ElectricNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Baseboard
Fireplace & Spa
No Fireplace
Gas & Electric
Electric: Company: PSE
Windows, Doors, Floors & Walls
Window: Dbl Pane/Storm WindowFlooring: Slate, Carpet
Levels, Entrance, & Accessibility
Stories: 1Levels: OneEntry Location: MainFloors: Slate, Carpet
View
Has a ViewView: Territorial

Exterior Features

Exterior Home Features
Roof: CompositionPatio / Porch: Dbl Pane/Storm Window, Walk-In Closet(s)Foundation: Poured Concrete
Parking & Garage
No CarportNo Attached GarageNo Open ParkingParking: Driveway
Frontage
Not on Waterfront
Water & Sewer
Sewer: Sewer Connected
Farm & Range
Does Not Include Irrigation Water Rights
Surface & Elevation
Topography: LevelElevation Units: Feet

Days on Market

Cumulative Days on Market: 2Days on Market: 1

Property Information

Year Built
Year Built: 1950Year Renovated: 1950
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: HouseArchitecture: 1 Story w/Bsmnt.
Building
Construction Materials: Wood Products
Property Information
Condition: FixerIncluded in Sale: Dishwasher(s), Dryer(s), Garbage Disposal, Refrigerator(s), Stove(s)/Range(s), Washer(s)Parcel Number: 9828700395

Price & Status

Price
List Price: $995,000Price Per Sqft: $691
Status Change & Dates
Possession Timing: Close Of Escrow

Location

Direction & Address
City: SeattleCommunity: Madison Valley
School Information
Elementary School: Buyer To VerifyJr High / Middle School: Buyer To VerifyHigh School: Buyer To VerifyHigh School District: Seattle

Agent Information

Listing Agent
Listing ID: 2550121

Building

Building Area
Building Area: 1440 Square Feet

Community

Community Features: ParkNot Senior Community

HOA

HOA Fee: No HOA Fee

Lot Information

Lot Area: 4399.56 sqft

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Conventional

Miscellaneous

BasementMls Number: 2550121Offer Review: Seller intends to review offers upon receiptShowing Requirements: Appointment Only, Call Tenant, MLS Keybox

Additional Information

ParkInternet Entire Listing Display YN C

Market trends in Seattle

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$853K
$19.67K
MoM
Sale-to-List Price
100.0%
Price per sq ft
$552
$7
MoM
Available listings
2779
70
MoM

Price History for 215 31st Avenue E

DatePriceEventSource
07/10/2026$995,000Listed For SaleNWMLS as distributed by MLS GRID #2550121

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Property Tax and Assessment

Year2025
Tax$6,865
Assessment$630,000
Home facts updated by county records

Comparable Sales for 215 31st Avenue E

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.25
Single-Family Home
$815,000
07/02/26
2
1
1,280
0.34
Single-Family Home
$675,000
04/22/26
2
1
1,400
0.16
Single-Family Home
$719,999
09/09/25
2
1
930
0.16
Single-Family Home
$1,157,000
05/05/26
2
2
1,523
0.14
Single-Family Home
$885,000
09/09/25
2
1
1,180
0.39
Single-Family Home
$1,175,000
08/14/25
2
1
1,620
0.17
Single-Family Home
$1,150,000
07/25/25
3
1.5
1,550

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Assigned Schools

These are the assigned schools for 215 31st Avenue E.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Madison Valley

At least 32 Trulia users voted on each feature.
  • 97 % Say it's dog friendly

  • 94 % Say it's walkable to restaurants

  • 92 % Say it's walkable to grocery stores

  • 87 % Say there are sidewalks

  • 78 % Say people would walk alone at night

  • 77 % Say parking is easy

  • 63 % Say yards are well-kept

  • 62 % Say there's holiday spirit

  • 58 % Say it's quiet

  • 53 % Say they plan to stay for at least 5 years

  • 53 % Say neighbors are friendly

  • 52 % Say streets are well-lit

  • 49 % Say kids play outside

  • 46 % Say car is needed

  • 46 % Say there's wildlife

  • 32 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "There are many different types of people and all are welcomed, One of the most popular areas in Seattle, and it has everything."
  • Trulia User
    "The Capital Hill area is full of new and old dog owners, it is a very friendly neighborhood for people with dogs, many parks and dog friendly businesses. Many businesses even put out water for people’s pets."
  • Sawyer D.
    "Views of lake Washington and cherry blossoms make this neighborhood especially nice to walk or bike around in."
  • Jake S.
    "It’s super peaceful and there are plenty of green spaces all around to explore with the furry friends. "
  • Simon v.
    "Bastile day at luc’s, block parties, events at the Japanese garden, pick nicks in Madison park, walking to the water to watch the fireworks or watching the jets from our deck on seafair. Madison park has a rich social scene. If you prefer crafy options the Y is nearby. "
  • mark1hawk
    "The Madision Valley area has continued to improve over the 10 years I've watched it and with recent new resturant additions, all kinds of parks, and being a mile from downtown, there a few places as desireable to be in my opinioon."

LGBTQ Local Legal Protections

Anastasia Miles, Windermere Real Estate/East
Based on information submitted to the MLS GRID as of 2026-07-12 00:39:40 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2026 NWMLS Click here for more information
215 31st Avenue E, Seattle, WA 98112 is a 1 bedroom, 1 bathroom, 1,440 sqft single-family home built in 1950. 215 31st Avenue E is located in Madison Valley, Seattle. This property is currently available for sale and was listed by NWMLS as distributed by MLS GRID on Jul 10, 2026. The MLS # for this home is MLS# 2550121.