516 31st Ave E, Seattle, WA 98112
Property image
Property image
OFF MARKET

516 31st Ave E
Seattle, WA 98112

Madison Valley
  • 3 Beds
  • 1 Bath
  • 850 sqft

$640,000

Trulia Estimate
as of Jul 29, 2026
Est. Refi. Payment $3,785/mo*

$640,000

Trulia Estimate
as of Jul 29, 2026
Est. Refi. Payment $3,785/mo*
3 Beds
1 Bath
850 sqft

Local Information

  • Map ViewExplore the area around 516 31st Ave E.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1966
Living Area
850 sqft
Price/Sqft
$753
Parking
Garage

About this House

This three bedroom, one bath house is located just miles from downtown in a great neighborhood and centrally located -- two blocks from the Arboretum, a mile from Madison Park beach and Lake Washington, and a short walk to the number 8 and 11 bus routes. The 8 goes to South Lake Union and the 11 goes straight downtown. Great front yard and patio. Carpet in the bedrooms, oak floors throughout the rest of the house. Basement downstairs with plenty of space. Off street parking in the back of the house.

Tenant responsible for all utilities

Last month's rent will be due upon move-in ($2700) as well as a $1000 security deposit.
516 31st Ave E, Seattle, WA 98112 is a 3 bedroom, 1 bathroom, 850 sqft single-family home in Madison Valley, built in 1966. More recently, it was listed as a rental in September 2021 with an asking price of $3,000 per month. That rental listing was removed on December 5, 2021. It is currently off market. The Trulia Estimate is $640,000, with a rent estimate of $2,863/month.

Home Details for 516 31st Ave E

Interior Features

Interior Details
Basement
Heating & Cooling
Heating: Forced AirHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1Floors: Hardwood
Appliances & Utilities
DryerWasher

Property Information

Year Built
Year Built: 1966
Property Type / Style
Property Type: Single Family Home

Exterior Features

Exterior Home Features
Deck
Parking & Garage
GarageParking: Off Street, Garage

Community

Units in Building: 1

Lot Information

Lot Area: 3200 sqft

Price History for 516 31st Ave E

DatePriceEventSource
12/05/2021ListingRemovedZillow Rental Manager
11/30/2021$2,700PriceChange
Zillow Rental Manager
11/20/2021$2,900PriceChange
Zillow Rental Manager
09/28/2021$3,000Listed For RentZillow Rental Manager
03/24/2021ListingRemovedN/A
09/16/2019$2,700ListingRemovedN/A
09/13/2019$2,700Listed For RentN/A

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
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Property Tax and Assessment

Year2025
Tax$7,031
Assessment$660,000
Home facts updated by county records

Comparable Sales for 516 31st Ave E

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.22
Single-Family Home
$420,000
04/27/26
2
1
800
0.22
Single-Family Home
$1,200,000
05/11/26
2
1
755
0.39
Single-Family Home
$750,000
10/21/25
2
1
820
Home facts updated by county records

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 516 31st Ave 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."

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Homes for sale near 516 31st Ave E

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Off Market Homes Near 516 31st Ave E

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