3950 E Madison St, Seattle, WA 98112
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Property image
OFF MARKET

3950 E Madison St
Seattle, WA 98112

Madison Park
  • 1 Bed
  • 1 Bath
  • 500 sqft

$884,500

Trulia Estimate
as of Aug 13, 2026
Est. Refi. Payment $5,193/mo*
Refinance Your Home

$884,500

Trulia Estimate
as of Aug 13, 2026
Est. Refi. Payment $5,193/mo*
Refinance Your Home
1 Bed
1 Bath
500 sqft

Home Value

Trulia Estimate
$885K
Since last month
Decreased$55K (-5.9%)
Since last year
Decreased$197K (-18.2%)
Since last sale
Decreased$876K (-49.7%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value decreased by -44% in the last 10 years
MonthEstimated value
2026
August 2026$885K
July 2026$898K
June 2026$940K
May 2026$995K
April 2026$972K
March 2026$956K
February 2026$995K
January 2026$915K
2025
2024
2023
2022
2021
2020

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1615 43rd Ave E #302, Seattle, WA
0.19
Apartment
$652,500
05/22/26
2
1
900
301 Belmont Ave E, Seattle, WA
2.17
Apartment
$1,525,000
01/13/26
1
1
509
416 Federal Ave E #101, Seattle, WA
1.88
Apartment
$278,000
04/30/26
1
1
607
410 13th Ave E #Penthouse 3, Seattle, WA
1.75
Apartment
$550,000
08/12/26
1
1.5
920
308 Melrose Ave E #ALL, Seattle, WA
2.30
Apartment
$2,973,550
11/19/25
1
1
665
414 Lakeside Ave S #14, Seattle, WA
2.43
Apartment
$510,000
08/21/25
1
1
610
4204 11th Ave NE #1, Seattle, WA
2.37
Apartment
$308,000
07/27/26
1
1
692
1321 Seneca St, Seattle, WA
2.48
Apartment
$570,000
07/24/26
1
1
794
2901 S Jackson St #302, Seattle, WA
2.47
Apartment
$415,000
11/25/25
1
1
787
901 NE 43rd St #106, Seattle, WA
2.47
Apartment
$140,000
05/11/26
2
1
500
Home facts updated by county records

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
1615 39th Avenue E, Seattle, WA 98112
0.07
$3,295,000
4
3.5
4,000
Recently Sold
1805 McGilvra Blvd E, Seattle, WA 98112
0.09
$2,478,500
4
3
3,336
Off Market
1638 McGilvra Boulevard E, Seattle, WA 98112
0.08
$1,301,500
3
2
2,140
Off Market
1624 38th Avenue E, Seattle, WA 98112
0.10
$2,134,000
3
2.5
2,650
Off Market
1515 McGilvra Boulevard E, Seattle, WA 98112
0.06
$3,504,800
3
3.5
3,584
Off Market
1518 McGilvra Boulevard E, Seattle, WA 98112
0.06
$1,649,200
3
3
2,238
Off Market
3804 E Blaine Street, Seattle, WA 98112
0.13
$2,879,000
4
2.5
4,200
Off Market
1819 39th Avenue E, Seattle, WA 98112
0.13
$2,085,000
3
2
2,630
For Sale
1509 McGilvra Boulevard E, Seattle, WA 98112
0.07
$1,829,000
4
2
2,480
Off Market
1520 38th Avenue E, Seattle, WA 98112
0.10
$5,800,000
5
3.5
6,162
Recently Sold
1502 39th Avenue E, Seattle, WA 98112
0.09
$1,866,100
4
2
2,839
Off Market
1517 41st Avenue E, Seattle, WA 98112
0.08
$2,500,000
4
3
3,810
Recently Sold

Local Information

  • Map ViewExplore the area around 3950 E Madison St.
-- mins to
Commute Destination

Home Highlights

Property Type
Apartment
Living Area
500 sqft
Price/Sqft
$1,769

About this House

Nestled in the highly sought-after neighborhood of Madison Park, this cozy 1-bedroom, 1-bathroom apartment offers the perfect blend of comfort and convenience. Featuring updated finishes, ample natural light, and a prime location just steps from the lake, this home is ideal for anyone looking to enjoy all the amenities Madison Park has to offer.

Rent: $1,900.00 per month. W/S/G included. Electric direct with SCL. Gas direct with PSE.

Pets on a case by case basis, for a monthly pet rent fee.

Please email or message with questions or to schedule a time to view.

All applicants must view available unit before applying.

Required Move-In Funds in the form of cashier's check or money order: First month's rent $1,900.00. Last month's rent $1,900.00. Refundable security deposit equal to monthly rent $1,900.00.

Screening Criteria: Before filling out an application, please review our list of criteria below. If you feel you meet the criteria, please apply.

1. Photo I.D; Driver's License or State Issued ID card and Social Security card.

2. Credit report that demonstrates a willingness to pay financial obligations in a timely fashion and a FICO score of at least 700.

3. No records of eviction.

4. Favorable responses from references and previous landlords.

5. Employment History and Sufficient Income: monthly income of 3 times the amount of the monthly rent per applicant. Income verifiable through pay stubs, employer contact, and/or tax records. All other income, including self-employment, verified through tax records.

6. Rental History verifiable from unbiased sources. If related by blood or marriage to one of the previous landlords listed, or the rental history does not include at least two previous landlords, the application may be declined, or may require a qualified co-signer on the rental agreement. Qualified co-signers must meet all screening criteria plus make three times the amount of rent.

7. An up-front payment of approximately three month's rent (first, last, security deposit) is required by cashier's check or money order when signing a rental contract.

8. The first qualified applicant will be accepted.

9. If additional time is needed to complete the application due to a disability, a reasonable accommodation will be made. Email with the request.

10. This unit/landlord is not required to or voluntarily setting aside the unit for vulnerable populations.

11. Please note the property is smoke-free.
3950 E Madison St, Seattle, WA 98112 is a 1 bedroom, 1 bathroom, 500 sqft apartment in Madison Park. It last sold for $1,760,000 on Sep 3, 2021 (92,532% above the $1,900 asking price). More recently, it was listed as a rental in December 2024 with an asking price of $2,200 per month. That rental listing was removed on March 3, 2025. It is currently off market. The Trulia Estimate is $884,500, with a rent estimate of $1,892/month.

Home Details for 3950 E Madison St

Property Information

Property Type / Style
Property Type: Apartment

Rental Terms, Policies & Fees

Lease Term: 1 YearAvailable: now

Price and Tax history

DateEventPrice
Mar 3, 2025
Source: Zillow Rentals
ListingRemoved
$1,900
Feb 11, 2025
Source: Zillow Rentals
PriceChange
$1,900
Price decreased by 5%
Jan 7, 2025
Source: Zillow Rentals
PriceChange
$2,000
Price decreased by 9%
Dec 11, 2024
Source: Zillow Rentals
Listed For Rent
$2,200
Sep 3, 2021
Source: NWMLS as distributed by MLS GRID #1820474
Sold
$1,760,000

Market trends in Seattle

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$860K
$6.67KMoM
Sale-to-List Price
100.0%
Price per sq ft
$557
$4MoM
Available listings
2774
7MoM
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Around this home

Neighborhood Overview

Madison Park
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Madison Park

At least 13 Trulia users voted on each feature.

  • 100 % Say people would walk alone at night

  • 100 % Say there are sidewalks

  • 94 % Say it's dog friendly

  • 94 % Say it's walkable to grocery stores

  • 94 % Say it's walkable to restaurants

  • 92 % Say there's holiday spirit

  • 87 % Say parking is easy

  • 81 % Say kids play outside

  • 79 % Say it's quiet

  • 67 % Say neighbors are friendly

  • 63 % Say yards are well-kept

  • 63 % Say streets are well-lit

  • 61 % Say car is needed

  • 53 % Say there's wildlife

  • 46 % Say there are community events

  • 44 % Say they plan to stay for at least 5 years

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "I have been living here for a few months now. I appreciate this neighborhood for its safety, quietness, and quaintness. "
    1
    Flag
  • Nikki R.
    "It’s a very cute neighborhood and close to downtown Seattle. My family enjoy the summer at the beach and parks nearby."
    1
    Flag
  • Will
    "For me, the commute is easy. I can easily access I90, 520, I5 or the 405. Also, it is an easy walk to public transportation stops. "
    0
    Flag
  • Lynwoodholmberg
    "Nice place to walk with sidewalks and a park nearby where they can run. Neighbors are friendly toward dogs. "
    1
    Flag
  • Brett g.
    "Steps away from back stairs to Seattle Tennis Club. Quiet, safe dead end street in Washington Park. Dogs love to swim in the lake with beach access ~50 yards away."
    2
    Flag

LGBTQ Local Legal Protections

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Homes for sale near 3950 E Madison St

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Off Market Homes Near 3950 E Madison St

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Frequently asked questions about 3950 E Madison St

  • What is 3950 E Madison St estimated to be worth?
    Trulia's estimated value for 3950 E Madison St in Seattle, WA is $884,500.
  • What is the price history for 3950 E Madison St?
    3950 E Madison St in Seattle, WA last sold for $1,760,000 in September 2021.
  • Is Seattle a buyer's or seller's market?
    Seattle is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Seattle?
    The median sale price in Seattle is $860K. That is up $6.67K from the prior month.