RealtyLens
for saleRealtyLens property overview
$385,000

4816 S Chicago St

Seattle, WA, 98118
View more Seattle, WA property pages
2Beds
1Baths
800Sqft
$481$/sqft

Listing Notes

Prime opportunity in a sought-after Seattle location! This 6,232 sq. ft. lot offers incredible potential for redevelopment or a major renovation. The existing 1915-built, 1-story home with 2 bedrooms and 1 bath is in need of significant repairs and may be best suited as a tear-down. With value in the land, bring your vision to create something new in this desirable area. Partially fenced and ready for your next project-don't miss this chance to invest in Seattle real estate!

Market Insights

Above nearby median+15%

$481/sqft vs a nearby median of $417/sqft.

Nearby median$417/sqft
Nearby properties2
Property size800 sqft
  • +15% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 800 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$337k$303k$371k · 40% confidence
vs ask $385k+$48k (+12.5%)

Asking price is about 12.5% above where comps + adjustments land — there is room to negotiate.

$417/sqft median across 2 tight comps × 800 sqft= $334k
  • Pre-war character+$8k +2.5%
  • Sparse street life−$5k −1.5%
Cumulative NYC adjustments+$3k+1.0%

Property Read

FreshnessVerification recommended

The page is useful for research, but the status and price should be verified before acting.

Market Position+15% vs nearby

The property is priced above the nearby median per square foot, so condition, building quality, and exact location need to justify the higher ask.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read1 item to check
AI ReadinessReady to analyze
Assistant read

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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
5 days
Last price change
No change recorded
Listed
May 7, 2026
Photos
10 photos
Property type
single family
Status
for sale
Last sold
Aug 25, 1992 · $59,000

Features & Amenities

Family RoomSingle StoryFixer Upper

Photos

Price History

May 8, 2026Initial record
$385,000for sale

You can also find this listing on Realtor.com.

Listing data sourced from realtor.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.