OFF MARKET

Listed by Tyson Paoletti • John L. Scott, Inc. Bought with John L. Scott, Inc.

Off market jan 2017 for $1M

—

Est. refi paymentEst. refi $7,012/mo

—

•

— ba

•

3,250

sq ft

2311 W Raye St, Seattle, WA 98199

About this home

Excellent opportunity to own this updated mid-century triplex in Magnolia neighborhood with great views of Puget Sound, Elliott Bay and the Seattle skyline. Large units with hardwood floors, fireplaces, decks/patio, updated kitchens & baths. One unit is vacant and could provide buyer place to live while collecting income from the others tenants. 3 covered parking spaces, street parking, shared laundry room & private storage. Close to new Expedia campus. Zoned LR1.

Multi-familyProperty Type

1960Year Built

5,000 sq ftLot Size

$328Price/Sq.Ft.

3 spacesParking

Listed by Tyson Paoletti • John L. Scott, Inc.

Listed by Tori Johnson • John L. Scott, Inc.

Bought with Jonathan Jones • John L. Scott, Inc.

Redfin checked: 3 minutes ago

•Source:NWMLS as Distributed by MLS Grid #1061018

Redfin Estimate

Unfortunately, we don't have enough data to generate an accurate Estimate at this time.

Market trends in Southeast Magnolia, WA

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

101.6%

+0.9% MoM

Median sale price

$1.3M

$42K MoM

Avg. days on market

4 days MoM

Recently sold homes

0 MoM

New listings for sale

LISTED BY REDFIN
$2,135,000
5 beds4.5 baths4,065 sq ft
3420 33rd Ave W, Seattle, WA 98199
Redfin
3D WALKTHROUGH
$588,000
2 beds2 baths1,800 sq ft
3650 26th Pl W Unit 402A, Seattle, WA 98199
Jed Kliman • Windermere RE Greenwood
EARLY ACCESS
$2,750,000
3 beds4 baths3,570 sq ft
2517 25th Ave W, Seattle, WA 98199
$699,000
3 beds2.5 baths1,590 sq ft
3449 Gilman Ave W, Seattle, WA 98199
Christian Cerone • C-Sharp Real Estate, LLC
OPEN TUE, 11AM TO 1PM
$1,600,000
4 beds2.5 baths2,340 sq ft
3027 38th Ave W, Seattle, WA 98199
Ginger Ard • Windermere RE Magnolia
3D WALKTHROUGH
$1,050,000
4 beds3 baths1,563 sq ft
4257 W 33rd Ave W #1, Seattle, WA 98199
Kim Davey • eXp Realty
$1,195,000
3 beds2 baths3,700 sq ft
1956 Clise Pl W, Seattle, WA 98199
Patty Groesbeck • Windermere RE Magnolia
3D WALKTHROUGH
$430,000
2 beds2 baths1,029 sq ft
2510 W Bertona St #431, Seattle, WA 98199
David Marks • Portico Real Estate
VIDEO TOUR
$8,500,000
3 beds3.5 baths4,575 sq ft
4751 &4733 W Ruffner St, Seattle, WA 98199
Kim Newton • Century 21 North Homes Realty
3D WALKTHROUGH
$1,100,000
3 beds1.5 baths1,370 sq ft
3611 30th Ave W, Seattle, WA 98199
David Marks • Portico Real Estate
See all

Provided by Redfin

Sale history for 2311 W Raye St

Date

Event

Price

Jan 6, 2017

Sold (MLS) (Sold)

NWMLS as Distributed by MLS Grid #1061018

$1,065,000

$328/sq ft

Jan 5, 2017

Pending

NWMLS as Distributed by MLS Grid #1061018

—

Dec 23, 2016

Pending (Pending Inspection)

NWMLS as Distributed by MLS Grid #1061018

—

Dec 19, 2016

Listed (Active)

NWMLS as Distributed by MLS Grid #1061018

$1,100,000

$338/sq ft

Apr 26, 2007

Sold (MLS)

NWMLS as Distributed by MLS Grid #27040132

$879,000

$270/sq ft

Apr 4, 2007

Delisted

NWMLS as Distributed by MLS Grid #27040132

—

Mar 12, 2007

Listed

NWMLS as Distributed by MLS Grid #27040132

$895,000

$275/sq ft

Oct 31, 2005

Sold

Public Records

$600,000

$185/sq ft

Aug 6, 2001

Sold

Public Records

$599,000

$184/sq ft

Aug 7, 2001

Sold (MLS)

NWMLS as Distributed by MLS Grid #21074821

$599,950

$185/sq ft

Jun 4, 2001

Listed

NWMLS as Distributed by MLS Grid #21074821

$625,000

$192/sq ft

Nov 3, 1987

Sold

Public Records

$180,000

$55/sq ft

Feb 7, 1983

Sold

Public Records

$180,000

$55/sq ft

Year

Property tax

Land + Additions

Assessment*

2026

$15,063 (+10.4%)

$1,410,000 + $31,000

$1,441,000

2025

$13,649 (−8.0%)

$1,410,000 + $31,000

$1,441,000

2024

$14,831 (+2.6%)

$1,383,000 + $24,000

$1,407,000

2023

$14,451 (+11.6%)

$1,244,000 + $322,000

$1,566,000

2022

$12,943 (+7.5%)

$1,167,000 + $537,000

$1,704,000

2021

$12,042 (−5.2%)

$978,000 + $422,000

$1,400,000

2020

$12,698 (+15.1%)

$894,000 + $341,000

$1,235,000

2019

$11,031 (+6.9%)

$899,000 + $376,000

$1,275,000

2018

$10,318 (+13.3%)

$899,000 + $376,000

$1,275,000

2017

$9,103 (+8.1%)

$517,000 + $516,000

$1,033,000

2016

$8,419 (+18.9%)

$471,000 + $470,000

$941,000

2015

$7,081 (−5.4%)

$428,000 + $421,000

$849,000

2014

$7,489 (+11.2%)

$366,000 + $362,000

$728,000

2013

$6,733 (+16.7%)

$353,000 + $346,000

$699,000

2012

$5,771 (+2.9%)

$321,000 + $294,000

$615,000

2011

$5,606 (+3.9%)

$438,000 + $119,000

$557,000

2010

$5,398 (−6.1%)

$438,000 + $137,000

$575,000

2009

$5,751

$471,000 + $226,000

$697,000

Tax history for 2311 W Raye St

Year

Property tax

Land + Additions

Assessment*

2026

$15,063 (+10.4%)

$1,410,000 + $31,000

$1,441,000

2025

$13,649 (−8.0%)

$1,410,000 + $31,000

$1,441,000

2024

$14,831 (+2.6%)

$1,383,000 + $24,000

$1,407,000

2023

$14,451 (+11.6%)

$1,244,000 + $322,000

$1,566,000

2022

$12,943 (+7.5%)

$1,167,000 + $537,000

$1,704,000

2021

$12,042 (−5.2%)

$978,000 + $422,000

$1,400,000

2020

$12,698 (+15.1%)

$894,000 + $341,000

$1,235,000

2019

$11,031 (+6.9%)

$899,000 + $376,000

$1,275,000

2018

$10,318 (+13.3%)

$899,000 + $376,000

$1,275,000

2017

$9,103 (+8.1%)

$517,000 + $516,000

$1,033,000

2016

$8,419 (+18.9%)

$471,000 + $470,000

$941,000

2015

$7,081 (−5.4%)

$428,000 + $421,000

$849,000

2014

$7,489 (+11.2%)

$366,000 + $362,000

$728,000

2013

$6,733 (+16.7%)

$353,000 + $346,000

$699,000

2012

$5,771 (+2.9%)

$321,000 + $294,000

$615,000

2011

$5,606 (+3.9%)

$438,000 + $119,000

$557,000

2010

$5,398 (−6.1%)

$438,000 + $137,000

$575,000

2009

$5,751

$471,000 + $226,000

$697,000

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Permits

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

5,000 Sq. Ft.

Year renovated

—

Sq. Ft.

2,540

Year built

1960

Style

Multi-Family (2-4 Unit)

County

King County

APN

277160 0460

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 4, 2026.

Jul 13, 2023 • Final

Electrical permit: over the counter

Repair the electrical service after a tree fell on the service mast. Replace the bent rigid conduit and repair the damaged service wires.

Electrical

May 17, 2022 • Final

Side sewer

Repair the existing storm drain.

Grading

Plumbing

Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.

Property details

Parking

Parking Information
Carport Spaces: 3

Interior

Heating & Cooling
Has Heating

Interior Features
Interior Features: Radiator, Hardwood
Flooring: Hardwood

Multi-Family Financial Information
Fuel Expense: $2,400
Electric Expense: $1,450
Insurance Expense: $522
Other Expense: $1,200
Net Operating Income: $42,500
Gross Adjusted Income: 42000
Gross Scheduled Income: $60,000
Total Monthly Income: 5000
Gross Rent Multiplier: 18
Total Expenses: 17591

Multi-Unit Information
Units Below Grade: false
Units In Building Total: 3
Vacancy Rate: 33
# of Units (Total): 6
Furnished: Unfurnished

Exterior

Building Information
Roof: Composition

Exterior Features
Exterior Features: Brick, Wood

Property Information
Style Code: 53 - Tri-plex
Property Type: Residential Income
Property Sub Type: Multi Family
Property Condition: Good
Has View

Lot Information
MLS Lot Size Source: Realist
Site Features: Cable TV,Deck,Fenced-Partially,High Speed Internet,Patio
Lot Features: Alley, Curbs, Paved, Sidewalk
Lot Size Units: Square Feet
Lot Size Acres: 0.1148
Elevation Units: Feet

Financial

Tax Information
Tax Annual Amount: $8,419
Tax Year: 2016

Financial Information
Listing Terms: Cash Out, Conventional
Buyer Financing: Cash

Utilities

Utility Information
Water Source: Public
Water Company: Seattle
Power Company: Seattle
Sewer: Sewer Connected
Sewer Company: Seattle
Utilities: Cable Connected, High Speed Internet, Sewer Connected, Natural Gas Connected
Water Sewer Garbage: 3600

Location

School Information
High School District: Seattle

Location Information
Directions: 28th Ave West from W Galer or Dravus turn East on Race St to 24th Ave W. Left on Raye St, Tri-Plex on right.

Community Information
Amenities: Storage

Public facts

Beds: 5
Baths: 3.0
Sq. Ft.: 2,540
Stories: 1.0
Lot Size: 5,000 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1960
Year Renovated: —
County: King County
APN: 277160 0460

Home facts updated by county records on Sep 4, 2026

Other

Listing Information
Mls Status: Sold

Listing Date Information
On Market Date: Monday, December 19, 2016

Green Information
Power Production Type: Natural Gas

Home Information
Living Area Units: Square Feet
Calculated Square Footage: 3250
Building Area Total: 3250
Building Area Units: Square Feet
Foundation Details: Slab
Year Built Effective: 2001
Effective Year Built Source: See Remarks
Structure Type: Triplex
Stories Total: 2

Around this home

Schools

Magnolia Elementary School

Public K-5 • Assigned • 0.2mi

7/10

McClure Middle School

Public 6-8 • Assigned • 1.4mi

8/10

Ballard High School

Public 9-12 • Assigned • 2.4mi

9/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Local insights from Redfin agents

Seattle is known for its iconic waterfront, vibrant neighborhoods, and amazing dining! I love Pike Place Market, Discovery Park, and Ballard's shops and restaurants. From Queen Anne's historic homes to Capitol Hill's modern condos, each neighborhood...
5 days ago • Seattle
Shauna Rumel
Redfin agent
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Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 86° expected this year, 15 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

7/10 Air Factor

11 unhealthy days expected this year, 12 days in 30 years

Provided by First Street

Historical weather

Seattle, WA • 98199

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 8.7 hours in June and 1.7 hours in December, placing it below the U.S. average for solar exposure.

8.7 hrs

1.7 hrs

JuneDecember

Provided by Shadowmap

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New listings for sale in 98199

LISTED BY REDFIN3D & VIDEO TOUR

$2,135,000

5 beds4.5 baths4,065 sq ft

3420 33rd Ave W, Seattle, WA 98199

Listing provided by NWMLS as Distributed by MLS Grid

3D WALKTHROUGH

$588,000

2 beds2 baths1,800 sq ft

3650 26th Pl W Unit 402A, Seattle, WA 98199

Listing provided by NWMLS as Distributed by MLS Grid

EARLY ACCESSCOLDWELL BANKER REALTY COMING SOON

$2,750,000

3 beds4 baths3,570 sq ft

2517 25th Ave W, Seattle, WA 98199

$699,000

3 beds2.5 baths1,590 sq ft

3449 Gilman Ave W, Seattle, WA 98199

Listing provided by NWMLS as Distributed by MLS Grid

OPEN TUE, 11AM TO 1PM3D WALKTHROUGH

$1,600,000

4 beds2.5 baths2,340 sq ft

3027 38th Ave W, Seattle, WA 98199

Listing provided by NWMLS as Distributed by MLS Grid

3D WALKTHROUGH

$1,050,000

4 beds3 baths1,563 sq ft

4257 W 33rd Ave W #1, Seattle, WA 98199

Listing provided by NWMLS as Distributed by MLS Grid

$1,195,000

3 beds2 baths3,700 sq ft

1956 Clise Pl W, Seattle, WA 98199

Listing provided by NWMLS as Distributed by MLS Grid

3D WALKTHROUGH

$430,000

2 beds2 baths1,029 sq ft

2510 W Bertona St #431, Seattle, WA 98199

Listing provided by NWMLS as Distributed by MLS Grid

VIDEO TOUR

$8,500,000

3 beds3.5 baths4,575 sq ft

4751 &4733 W Ruffner St, Seattle, WA 98199

Listing provided by NWMLS as Distributed by MLS Grid

Home values near 2311 W Raye St

Data from public records.

Address	Redfin Estimate
2219 West Raye St, Seattle, WA 7 Beds \| 5 Baths \| 3880 Sq. Ft.	$1,408,863
2307 West Raye St, Seattle, WA 3 Beds \| 3.5 Baths \| 1941 Sq. Ft.	$1,073,382

Address	Redfin Estimate
2321 West Raye St, Seattle, WA 3 Beds \| 2 Baths \| 2280 Sq. Ft.	$1,219,356
2215 West Raye St, Seattle, WA 8 Beds \| 5 Baths \| 3683 Sq. Ft.	$1,537,209

Address	Redfin Estimate
2303 West Raye St, Seattle, WA 2 Beds \| 1 Baths \| 960 Sq. Ft.	$922,574
2225 West Raye St, Seattle, WA - Beds \| - Baths \| 3990 Sq. Ft.	$1,592,905

Property information provided by NWMLS as Distributed by MLS Grid when last listed in 2016. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Market trends in Southeast Magnolia, WA

Sale history for 2311 W Raye St

Tax history for 2311 W Raye St

Public record

Property details

Around this home

Schools

Lifestyle

Local insights from Redfin agents

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 98199

Home values near 2311 W Raye St

More real estate resources