For SaleRisky Deal-1 days on market
368 NW 48th Street
368 NW 48th Street, Seattle, WA 98107, Seattle, WA 98107
$1,050,000
Estimate®:$1,033,300
Listing Price
368 NW 48th Street, Seattle, WA 98107
Loc: Seattle, WA
Days Listed
-1
Tax Assessed
$987k
Estimate®
$1033k
Market Rate
Lot Size
4,848 sqft
Rent Estimate
$4,388/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
9
B F Day Elementary School
PK-5
0.9 mi away
8
Hamilton International Middle School
6-8
1.3 mi away
10
Lincoln High School
9-12
1.1 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
cottagecraftsmanlap sidinggabled roofcozysingle-storylandscapedwillow treescedar fencecharmingexterior lightingresidential
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
2.63%
Total ROI
16.0%
Cash Flow
$-3,149/mo
DSCR
0.42
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-3,149/mo net cash flow with a 2.6% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Seattle, WA
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-23 | Listed for sale | $1,050,000 | $541 |
| 2025-07-28 | Listing removed | $4,900 | $3 |
| 2025-07-24 | Listed for rent | $4,900 | $3 |
| 2018-07-23 | Sold | $848,000 | $437 |
| 2018-06-22 | Listed for sale | $848,000 | $437 |
| 2012-02-04 | Listing removed | $330,000 | $170 |
| 2012-02-02 | Listed for sale | $330,000 | $170 |
| 2011-09-09 | Sold | $317,000 | $163 |
| 2011-07-23 | Listed for sale | $330,000 | $170 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $10,507.78 | $987,000 |
| 2024 | $9,270.37 | $933,000 |
| 2023 | $8,202.21 | $846,000 |
| 2022 | $8,030.03 | $926,000 |
| 2021 | $7,926.62 | $843,000 |
| 2020 | $7,576.26 | $764,000 |
| 2019 | $7,842.47 | $803,000 |
| 2018 | $6,869.06 | $781,000 |
| 2017 | $7,052.68 | $699,000 |
| 2016 | $4,509.07 | $613,000 |
| 2015 | $4,509.07 | $539,000 |
| 2014 | $4,509.07 | $457,000 |
| 2013 | $4,509.07 | $421,000 |
| 2012 | $0 | $370,000 |
| 2011 | $0 | $379,000 |
| 2010 | $0 | $408,000 |
| 2009 | $0 | $408,000 |
| 2007 | $0 | $401,000 |
| 2006 | $0 | $378,000 |
| 2005 | $0 | $343,000 |
| 2001 | $2,577.82 | $216,000 |
| 2000 | $2,402.62 | $191,000 |
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