$525,000
Listed at $499,0003 bd•1 ba•720 sq ft
1403 E Alder Street, Seattle, WA 98122
• Listed Sep 17, 2026
RexMont Market Signal for 1403 E Alder Street
Sold price on recordRexMont Market Signal $525,000
Closed sale price · as of October 16, 2026, the day it sold.
Market Signal since the sale
$521,135
Likely $360,060 – $663,208 · wide read: talk to Adriano · as of November 1, 2026
Estimate, not an appraisal.
Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID; King County Assessor records.
Your home value, prepared by the designated broker
Prepared by Adriano ToriFounder & Designated Broker · WA Lic. #27660Own a home near 1403 E Alder Street? This sale moved its value.
Adriano Tori prepares your home's value from the closed sales around it, this one counted, within 24 hours. No automated estimate, no obligation.
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Watching: Seattle $420K–$630K · 3+ bd
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Listing Broker: Windermere Real Estate Co.; Meghan Nicole Waddle; 509-391-5238; meghan.waddle@windermere.com
Buyer Broker: Skyline Properties, Inc.
About this home
Prime Central District Development Opportunity! Approximately 4,089 SF corner lot (84' x 49') zoned LR1, offering strong development potential for townhouse-style or multi-unit development, subject to buyer verification. The existing structure is likely a teardown - offered strictly as-is, with the primary value centered on the land and its development potential. Alternatively, buyers may consider a down-to-the-studs remodel and rebuild to create a 1 story with basement custom home tailored to their vision. Located in a desirable and rapidly evolving neighborhood surrounded by new construction and residential growth, the property offers convenient access to major industry, commuter routes, shopping, dining, parks, and the many amenities of Seattle's Central District. An exceptional opportunity for builders, developers, and investors to create value in one of Seattle’s high-demand areas. Bring your vision—opportunities like this are increasingly rare. Buyer to independently verify zoning, land use, permitting requirements, feasibility, and all development potential with the City of Seattle.
Listed by Meghan Nicole Waddle • Windermere Real Estate Co.
Listing updated: October 17, 2026 at 08:12am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2583937
Around this home
Property details
Interior features
- Partially Finished basement
Kitchen
- Refrigerator
- Stove(s)/Range(s)
- Washer
Bedrooms
- 3 bedrooms total
- 3 on the main level
Bathrooms
- 1 full bathroom
- 1 on the main level
Layout
- 1 Story w/Bsmnt.
- 720 sq ft finished
Flooring
- Hardwood
- Vinyl
- Carpet
Heating & cooling
- Baseboard heating
- None cooling
Schools
Ratings via SchoolDiggerSeattle School District
- Bailey Gatzert Elementary SchoolPublic · Grades PK-5 · State rank 841 of 1,1382/10
- Wash MidPublic · Grades Middle—
- Garfield High SchoolPublic · Grades 9-12 · State rank 38 of 39610/10
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.
Single-family home facts
As entered by the listing broker on Northwest MLS
Lot & site
- Lot dimensions
- 84' X 49'
- Topography
- Level
- Vegetation
- Garden Space
- Zoning code
- LR1
- Zoning jurisdiction
- City
- Faces
- North
- Bus route
- Route 2, 3, 4, 27
Systems
- Energy source
- Electric
- Power production
- Electric
- Power company
- Seattle City Light
- Water company
- Seattle Public Utilities
- Sewer company
- Seattle Public Utilities
- Garbage service
- Seattle Public Utilities
- Irrigation water rights
- No
- Internet connected
- T Mobile
Rooms & extras
- Bathtubs
- 1
- Showers
- 1
New construction
- Square footage source
- Appraisal
- Lot size source
- Appraisal
- Effective year built source
- Public Records
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.
Opens with the report above.
Sales & Tax Records for 1403 E Alder Street
NWMLS via MLS Grid · King County AssessorEvery 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.
- Oct 16, 2026SoldNWMLS via MLS Grid · #2583937$525,000$729/sq ft
- Sep 23, 2026PendingNWMLS via MLS Grid · #2583937$499,000$693/sq ft
- Sep 17, 2026ListedNWMLS via MLS Grid · #2583937$499,000$693/sq ft
Market pulse
Seattle is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
Offer insight: Homes typically sell with one offer near asking price.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 61 days.
Want a deeper read on this market?
Ask a RexMont agentMarket 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 2, 2026 at 8:53 AM 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.
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