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Listed by Steve Morrow • Next Horizon Realty.Some photos are virtually staged
FOR SALE

$1,145,000

Est. $6,205/mo

Price reduced $104,000 from the original $1,249,000 asking price

3 bd•2.5 ba•2,650 sq ft

5508 31st Avenue NE, Seattle, WA 98105

• Listed Jun 23, 2026•137 days active · 137 cumulative

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★★★★★5.0·1,215 Google reviews

Listing Broker: Next Horizon Realty; Steve Morrow; 425-260-5700; NextHorizon.Steve@outlook.com

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Listing Broker: Next Horizon Realty; Steve Morrow; 425-260-5700; NextHorizon.Steve@outlook.com

About this home

Seller financing at 5% interest with 15% down... Located just north of University Village and east of the UW in the desirable Ravenna neighborhood. Close to restaurants and shopping. Tree lined street with sidewalks and well maintained homes. This spacious 3 story house is completely finished and offers multiple living scenarios. You can enter the lower floor without stairs. The lower level offers a second living space with it's own modern kitchen, full bath, laundry and good sized living area with fireplace. Ideal MIL apartment. Light filled main level offers two bedrooms, full bath, very large living room with fireplace, kitchen with eating area plus a full sized dining room. Hardwood floors throughout. The top floor offers another bedroom with it's own half bath and additional living space. Freshly painted in and out and ready for new owners. Solid income producing property; room for increasing value. Come take a look.

Property type
Single Family
Year built
1951
Interior
2,650 sq ft
Lot size
0.1028 acres
Parking
1-car garage
Price / sq ft
$432
HeatingForced Air
CoolingNone
Property taxes$10,926/yr (est.)
School districtSeattle

Listed by Steve Morrow • Next Horizon Realty

Listing updated: October 30, 2026 at 10:42am

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2544104

Around this home

RexMont OfferEdge™

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5508 31st Avenue NE, Seattle, WA 98105

List price
$1,145,000
Down payment
$229,000

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Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.

Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.

Property details

Interior features

  • Second Kitchen
  • Dbl Pane/Storm Window
  • Dining Room
  • Water Heater
  • Finished basement

Kitchen

  • Dryer
  • Refrigerator
  • Stove(s)/Range(s)
  • Washer

Bedrooms

  • 3 bedrooms total
  • 2 on the main level
  • 1 upstairs

Bathrooms

  • 2 full bathrooms
  • 1 half bathroom
  • 2.5 bathrooms total (NWMLS count)
  • 1 on the main level

Layout

  • 2 Stories w/Bsmnt
  • 2,650 sq ft finished
  • 70 sq ft garage

Accessory dwelling unit

  • 1 accessory dwelling unit (attached dwelling)
  • 1 ba

Flooring

  • Hardwood

Heating & cooling

  • Forced Air heating
  • None cooling

Schools

Ratings via SchoolDigger

Schools shown are the nearest public Elementary, Middle, and High school for this property and may not be the assigned schools. Verify attendance boundaries with the district before purchasing.

Single-family home facts

As entered by the listing broker on Northwest MLS

Lot & site

Vegetation
Garden Space
Zoning code
SFR
Zoning jurisdiction
City
Faces
West

Systems

Energy source
Natural Gas
Power production
Natural Gas
Water heater
gas
Water heater location
basement
Power company
City of Seattle
Water company
Seattle Public Utilities
Sewer company
Seattle Public Utilities
Gas company
PSE
Irrigation water rights
No
Internet connected
Comcast
Cable connected
Comcast

New construction

Square footage source
Realist
Lot size source
Realist

Manufactured home

Land lease
No

Neighborhood mobility

Doorstep, Pedal & Station Scores

Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.

Ground Truth™

The ground, the slope, the flood zone and the noise at this address

Read from public hazard, flood, terrain and noise maps for this exact home.

Address Insider™

The members' report

Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.

Members

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Sales & Tax Records for 5508 31st Avenue NE

NWMLS via MLS Grid · King County Assessor

Every listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.

  1. Oct 30, 2026
    Price reduced
    NWMLS via MLS Grid · #2544104
    $1,145,000
    $432/sq ft
  2. Jun 23, 2026
    Listed
    NWMLS via MLS Grid · #2544104
    $1,249,000
    $471/sq ft
  3. Dec 14, 1998
    Recorded sale
    King County recorder · Statutory warranty deed
    $255,000
    $96/sq ft

Mortgage payment forecast

$7,402 per month

Great rate
Principal and interest
Property taxes
HOA dues
Home insurance

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Plan your offer with a RexMont buyer specialistWalk through escalation strategy, contingencies, and competing-offer risk in this neighborhoodCompare loan options30-yr fixed, 15-yr, FHA, VA, jumbo

Source: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.

Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.

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Listing Broker: Next Horizon Realty; Steve Morrow; 425-260-5700; NextHorizon.Steve@outlook.com

Market pulse

Seattle is a balanced market.

Supply and demand are roughly in balance. Neither side has a clear edge.

Buyer's marketSeller's market

  • Offer insight: Well-priced homes draw multiple offers; others sell close to asking.

  • List to sale price: The average home sells very close to list price.

  • Time on market: The average home goes pending in around 58 days.

Recent sales nearby

Within 1 mile · last 6 months

  • $1,742,500 Sold

    2 days ago

    5 bd•3.25 ba•~3,320 sq ft•Single Family

    5260 16th Avenue NE, Seattle, WA 98105

    3%

    Under list

    29

    Days on market

    0.8 mi

    Distance

  • $699,000 Sold

    4 days ago

    3 bd•1.75 ba•~1,960 sq ft•Single Family

    2112 NE 55th Street, Seattle, WA 98105

    0%

    Over list

    26

    Days on market

    0.5 mi

    Distance

  • $677,000 Sold

    1 week ago

    3 bd•3.25 ba•~1,280 sq ft•Single Family

    5260 Brooklyn Avenue NE #B, Seattle, WA 98105

    3%

    Under list

    50

    Days on market

    1.0 mi

    Distance

  • $2,315,000 Sold

    1 week ago

    3 bd•2.75 ba•~2,620 sq ft•Single Family

    3829 43rd Avenue NE, Seattle, WA 98105

    6%

    Under list

    32

    Days on market

    1.0 mi

    Distance

  • $944,000 Sold

    1 week ago

    3 bd•1.5 ba•~1,881 sq ft•Single Family

    5711 38th Avenue NE, Seattle, WA 98105

    1%

    Under list

    48

    Days on market

    0.3 mi

    Distance

Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.

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Market data from MLS GRID / NWMLS · Updated Nov 2026

Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.

MLS GRID Disclaimer

Based on information submitted to the MLS GRID as of November 7, 2026 at 7:25 PM PT (date and time MLS GRID Data was obtained). 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.

Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Some IDX listings have been excluded from this website.

© 2026 Northwest Multiple Listing Service. All rights reserved.

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