OFF MARKET

Listed by Lisa Dankers • L. Dankers Real Estate Group. Bought with John L Scott Westwood.

Off Market Dec 2021 for $965K

$975,371

Est. refi paymentEst. refi $6,138/mo

—

•

— ba

•

2,040

sq ft

406 Raye St, Seattle, WA 98109

About this home

Multi-familyProperty Type

1941Year Built

5,600 sq ftLot Size

$478Est. Price/Sq.Ft.

3 spacesParking

Listed by Lisa Dankers • L. Dankers Real Estate Group

Bought with Adrian Lee • John L Scott Westwood

Redfin checked: 2 minutes ago

•Source:NWMLS as Distributed by MLS Grid #1848891

Redfin Estimate

$975,371

$10K since sold in December 2021$4,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 25.6% lower than the average sale price ($1.31M) of 6 comparable homes.

SOLD AUG 12, 2026
$1,595,000
A
3 beds2.5 baths2,170 sq ft
2501 Nob Hill Pl N, Seattle, WA 98109
SOLD APR 1, 2026
$1,005,000
B
3 beds2 baths2,200 sq ft
2606 4th Ave N, Seattle, WA 98109
SOLD JUL 30, 2026
$1,315,000
C
3 beds2 baths2,040 sq ft
2448 1st Ave W, Seattle, WA 98119
SOLD JUL 8, 2026
$1,332,500
D
3 beds2 baths1,860 sq ft
2714 Queen Anne Ave N, Seattle, WA 98109
SOLD MAY 22, 2026
$1,550,000
E
3 beds2 baths1,900 sq ft
2430 Lorentz Pl N, Seattle, WA 98109
SOLD SEP 1, 2026
$1,067,500
F
3 beds1 bath2,310 sq ft
407 Smith St, Seattle, WA 98109

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Earn from this home

Sell

$203,736

Est. take-home

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Refinance

Est. cash available

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Market trends in East Queen Anne, WA

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

98.5%

0.3% MoM

Median sale price

$1.4M

$674 MoM

Avg. days on market

22d

4 days MoM

Recently sold homes

2 MoM

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Jeffrey Valcik • John L. Scott, Inc.
See all

Provided by Redfin

Sale history for 406 Raye St

Year

Property tax

Land + Additions

Assessment*

2026

$9,970 (+9.3%)

$635,000 + $288,000

$923,000

2025

$9,123 (+4.6%)

$635,000 + $288,000

$923,000

2024

$8,725 (+3.3%)

$635,000 + $272,000

$907,000

2023

$8,450 (+1.0%)

$635,000 + $248,000

$883,000

2022

$8,367 (+4.5%)

$672,000 + $284,000

$956,000

2021

$8,010 (−1.4%)

$471,000 + $403,000

$874,000

2020

$8,125 (+20.2%)

$433,000 + $361,000

$794,000

2019

$6,762 (−2.1%)

$463,000 + $289,000

$752,000

2018

$6,910 (+11.7%)

$463,000 + $289,000

$752,000

2017

$6,188 (+9.4%)

$401,000 + $270,000

$671,000

2016

$5,657 (+21.7%)

$373,000 + $248,000

$621,000

2015

$4,647 (−3.0%)

$282,000 + $272,000

$554,000

2014

$4,792 (+2.2%)

$226,000 + $236,000

$462,000

2013

$4,690 (+1.0%)

$214,000 + $220,000

$434,000

2012

$4,645 (+5.6%)

$203,000 + $215,000

$418,000

2011

$4,400 (+13.7%)

$213,000 + $217,000

$430,000

2010

$3,871 (−9.5%)

$200,000 + $204,000

$404,000

2009

$4,280

$244,000 + $266,000

$510,000

Tax history for 406 Raye St

Year

Property tax

Land + Additions

Assessment*

2026

$9,970 (+9.3%)

$635,000 + $288,000

$923,000

2025

$9,123 (+4.6%)

$635,000 + $288,000

$923,000

2024

$8,725 (+3.3%)

$635,000 + $272,000

$907,000

2023

$8,450 (+1.0%)

$635,000 + $248,000

$883,000

2022

$8,367 (+4.5%)

$672,000 + $284,000

$956,000

2021

$8,010 (−1.4%)

$471,000 + $403,000

$874,000

2020

$8,125 (+20.2%)

$433,000 + $361,000

$794,000

2019

$6,762 (−2.1%)

$463,000 + $289,000

$752,000

2018

$6,910 (+11.7%)

$463,000 + $289,000

$752,000

2017

$6,188 (+9.4%)

$401,000 + $270,000

$671,000

2016

$5,657 (+21.7%)

$373,000 + $248,000

$621,000

2015

$4,647 (−3.0%)

$282,000 + $272,000

$554,000

2014

$4,792 (+2.2%)

$226,000 + $236,000

$462,000

2013

$4,690 (+1.0%)

$214,000 + $220,000

$434,000

2012

$4,645 (+5.6%)

$203,000 + $215,000

$418,000

2011

$4,400 (+13.7%)

$213,000 + $217,000

$430,000

2010

$3,871 (−9.5%)

$200,000 + $204,000

$404,000

2009

$4,280

$244,000 + $266,000

$510,000

*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

5,600 Sq. Ft.

Year renovated

—

Sq. Ft.

2,040

Year built

1941

Style

Multi-Family (2-4 Unit)

County

King County

APN

192930 0330

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 5, 2026.

Property details

Parking

Parking Information
Parking Uncovered Spaces: 2
Covered Spaces: 1
Open Parking Spaces: 2
Has Open Parking

Interior

Virtual Tour

Heating & Cooling
Has Heating
Has Cooling

Interior Features
Interior Features: Forced Air, Ceramic Tile, Wall to Wall Carpet
Flooring: Ceramic Tile, Carpet

Multi-Family Financial Information
Insurance Expense: $1,200
Net Operating Income: $36,768
Gross Adjusted Income: 45978
Gross Scheduled Income: $47,400
Total Monthly Income: 3950
Gross Rent Multiplier: 21
Total Expenses: 9210

Multi-Unit Information
Units Below Grade: false
Units In Building Total: 2
Vacancy Rate: 3
# of Units (Total): 2

Exterior

Building Information
Roof: Composition

Exterior Features
Exterior Features: Wood

Pool Information
Has Spa

Property Information
Energy Source: Natural Gas
Style Code: 52 - Duplex
Property Type: Residential Income
Property Sub Type: Multi Family
Property Condition: Good
Has View

Land Information
Possible Use: Multi-Family

Lot Information
Lot Number: 3 & 6
MLS Lot Size Source: KCR
Site Features: Cable TV,Deck,Gas Available,Hot Tub/Spa
Zoning Jurisdiction: City
Lot Features: Curbs, Paved, Sidewalk
Lot Size Units: Square Feet
Lot Size Acres: 0.1286
Lot Size Dimensions: 5,600 sq ft
Elevation Units: Feet

Financial

Tax Information
Tax Annual Amount: $8,010
Tax Year: 2021

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

Utilities

Utility Information
Water Source: Public
Water Company: City of Seattle
Power Company: Seattle city Light
Sewer: Sewer Connected
Sewer Company: City of Seattle
Utilities: Cable Connected, Natural Gas Available, Sewer Connected, Natural Gas Connected
Water Sewer Garbage: 0

Location

School Information
High School District: Seattle

Location Information
Directions: Queen Anne Drive and Raye. At 6 way stop 1 block from the Aurora Bridge.

Public facts

Beds: 3
Baths: 2.0
Sq. Ft.: 2,040
Stories: 1.0
Lot Size: 5,600 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1941
Year Renovated: —
County: King County
APN: 192930 0330

Home facts updated by county records on Sep 5, 2026

Other

Listing Information
Mls Status: Sold

Listing Date Information
On Market Date: Monday, October 4, 2021

Green Information
Power Production Type: Natural Gas

Home Information
Living Area Units: Square Feet
Calculated Square Footage: 2040
Building Area Total: 2040
Building Area Units: Square Feet
Foundation Details: Poured Concrete
Building Name: Days BF Eldorado
Structure Type: Duplex
Stories Total: 2

Around this home

Schools

Hay Elementary School

Public K-5 • Assigned • 0.7mi

6/10

McClure Middle School

Public 6-8 • Assigned • 0.7mi

8/10

Lincoln High School

Public 9-12 • Assigned • 1.2mi

10/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

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, 14 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, 11 days in 30 years

Provided by First Street

Historical weather

Seattle, WA • 98109

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

Estimated sale price

$927,000 – $1.12M

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Home values near 406 Raye St

Data from public records.

Address	Redfin Estimate
410 Raye Street, Seattle, WA 2 Beds \| 2.5 Baths \| 2520 Sq. Ft.	$1,482,629
2616 4th Avenue North Unit 402, Seattle, WA 2 Beds \| 2 Baths \| 1090 Sq. Ft.	—

Address	Redfin Estimate
414 Raye Street, Seattle, WA 4 Beds \| 2 Baths \| 1800 Sq. Ft.	$928,085
2616 4th Avenue North Unit 403, Seattle, WA 2 Beds \| 2 Baths \| 1096 Sq. Ft.	$532,170

Address	Redfin Estimate
407 Raye Street, Seattle, WA 3 Beds \| 2 Baths \| 2050 Sq. Ft.	$1,260,637
2620 4th Avenue North Unit 601, Seattle, WA 2 Beds \| 2 Baths \| 1090 Sq. Ft.	$510,019

Property information provided by NWMLS as Distributed by MLS Grid when last listed in 2021. 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

Earn from this home

Market trends in East Queen Anne, WA

Sale history for 406 Raye St

Tax history for 406 Raye St

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 98109

Home values near 406 Raye St

More real estate resources