Seattle, WA 98122,3400 E Spring ST
Listed by Kidder Mathews
Bought with Windermere RE/Capitol Hill,Inc

$4,450,000

Est. payment /mo

$4,200,000

6.0%
Est.Price: ?

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3400 E Spring ST Seattle, WA 98122

0.31 Acres Lot

SOLD DATE : 08/10/2022

Key Details

Sold Price $4,450,000

Property Type Vacant Land

Sub Type Land

Listing Status Sold

Purchase Type For Sale

Subdivision Madrona

MLS Listing ID 1865034

Sold Date 08/10/22

Style 42 - Multi-Family

Annual Tax Amount $24,111

Lot Size 0.310 Acres

Property Description

Located in the heart of Seattle's desirable and walkable Madrona neighborhood, the 34th & Spring development site is a 13,500-square foot, split zoned NC1-30 (M) and NC1-40 (M) lot currently containing a single-family home and a fourplex. The property can potentially be developed into SEDU's (63+ Units - 4,538 SF Retail), Apartments (26+ Units - 3,753 Retail), Mixed-Use (20K to 30K residential, 4K to 10.5K commercial), or Townhomes (16+ Units Total - 9 Live Works). Buyer to verify all development potential. Current reports include: Final scheme, survey, arborist report, soils report from across the street, tree feasibility report.

Location

State WA

County King

Area 390 - Central Seattle

Interior

Fireplace false

Exterior

Community Features Tennis Courts

Utilities Available Natural Gas Available, Electricity Connected

View Y/N Yes

View Lake

Building

Lot Description Alley, Corner Lot, Curbs, Paved, Sidewalk

Sewer On Property

Water On Property

Schools

Elementary Schools Madrona Elementary

Middle Schools Meany Mid

High Schools Garfield High

School District Seattle

Others

Senior Community No

Acceptable Financing Cash Out, Conventional

Listing Terms Cash Out, Conventional

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Northwest MLS (NWMLS)

Yasemin McLaury

Advisor

+1(425) 220-9818

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