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    Rainer Valley
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    Pending Went pending in 93 days
    $3,480,000
    14,000 Sqft Lot
    No Garage
    2307 Rainier Ave S Seattle WA 98144
    PENDING SALE. This listing went Pending on December 5, 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 $3,480,000.
    Mt. Baker Light Rail Development Site is a 14,000 SF Corner Lot for sale. This property is an ideal development opportunity being positioned in both a qualified Opportunity Zone and Urban Village. Located on a corner lot along Rainier Ave S, this flat site zoned NC3-75 (M) allows for approximately 95 to 110 residential apartment units with some ground floor retail. Vacant, leveled, and no existing improvements.
    Offer Review
    No offer review date was specified
    Listing source NWMLS MLS #
    2286151
    Listed by
    David W Petersen, Westlake Associates, Inc.
    Chad Michael Martini, Westlake Associates, Inc.
    Photo 1 2307 Rainier Ave S Seattle WA 98144
    Photo 2 2307 Rainier Ave S Seattle WA 98144
    Photo 3 2307 Rainier Ave S Seattle WA 98144
    Photo 4 2307 Rainier Ave S Seattle WA 98144
    Photo 5 2307 Rainier Ave S Seattle WA 98144
    Photo 6 2307 Rainier Ave S Seattle WA 98144
    Photo 7 2307 Rainier Ave S Seattle WA 98144
    Photo 8 2307 Rainier Ave S Seattle WA 98144
    Photo 9 2307 Rainier Ave S Seattle WA 98144
    Photo 10 2307 Rainier Ave S Seattle WA 98144
    Photo 11 2307 Rainier Ave S Seattle WA 98144
    Photo 12 2307 Rainier Ave S Seattle WA 98144
    Photo 13 2307 Rainier Ave S Seattle WA 98144
    Photo 14 2307 Rainier Ave S Seattle WA 98144
    Contact our
    Rainer Valley
    Real Estate Lead
    John L. Scott
    Phone...
    Email...
    Ask a Question Schedule a Call
    Property History
    Dec 05, 2024
    Went Pending
    $3,480,000
    NWMLS #2286151
    Sep 03, 2024
    Listed
    $3,480,000
    NWMLS #2286151
    Apr 24, 2024
    Listed
    $3,480,000
    NWMLS #2228237
    More
    Listing Details
    • Status
      Pending
    • Last Listed Price
      $3,480,000
    • Original Price
      Same as current
    • List Date
      September 3, 2024
    • Last Status Change
      December 5, 2024
    • Last Update
      December 5, 2024
    • Days on Market
      110 Days
    • Cumulative DOM
      93 Days
    • Pending Date
      December 5, 2024
    • Days to go Pending
      93
    • $/sqft (Total)
      --
    • $/sqft (Finished)
      /sqft
    • Listing Source
      NWMLS
    • MLS Number
      2286151
    • Listing Broker
      David W Petersen
    • Listing Office
      Westlake Associates, Inc.
    Monthly Payment Estimate
    • Principal and Interest
      $18,242 / month
    • Property Taxes
      / month
    • Homeowners Insurance
      $243 / month
    • TOTAL
      $18,485 / month

    • based on 20% down
      ($696,000)
    • and a
      6.85% Interest Rate
    • About:
      All calculations are estimates only and provided by Mainview LLC. Actual amounts will vary.
    Property Details
    • Sqft (Total)
      0 sqft
    • Sqft (Finished)
      0 sqft
    • Sqft (Unfinished)
      None
    • Property Type
      Parcel
    • Sub Type
      Multi-Family
    • Bedrooms
      Bedrooms
    • Bathrooms
      0 Bathrooms
    • Lot
      14,000 sqft Lot
    • Lot Size Source
      King County Assessor
    • 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
    • Lot Features
      Alley
      Corner Lot
      Curbs
      Paved
      Sidewalk
    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
      In Street
    Additional Info
    • Waterfront
      No
    • Air Conditioning (A/C)
      No
    • Buyer Broker's Compensation
      2.5%
    • MLS Area #
      Area 380
    • Number of Photos
      14
    • Last Modification Time
      Thursday, December 5, 2024 2:42 PM
    • System Listing ID
      5361233
    Update Info
    • Pending Or Ctg
      2024-12-05 15:04:06
    • First For Sale
      2024-09-03 15:32:17
    Listing details based on information submitted to the MLS GRID as of Thursday, December 5, 2024 2:42 PM. 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.
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    Pending December 5, 2024
    $3,480,000  
    NWMLS #2286151. David W Petersen, Westlake Associates, Inc.
    Map
     
    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.