masterkey logo
7928 50th Avenue S
Score
78
Seattle, WA

7928 50th Avenue S

495K
3 bd • 2 ba • 1,200 sf

This analysis was generated on 4/15/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

AI Property Analysis

0:00
0:00 / 0:00

Property Overview

List Price
$495,000
-35%vs 98118
Price/Sq.Ft
$413
-16%vs 98118
Within Fair Range
within range

Current Price

$495,000

Fair Range

$470,000 - $520,000

$495,000
Below Market-20%
Above Market+20%

Negotiation Leverage

3 points to consider in your offer

Recommended Offer

$480,000
Success Probability:Very Low(0.65%)

AI Rationale

The offer reflects the property's condition and needed repairs. The competitive market and low days on market suggest a realistic offer that accounts for buyer costs.

Overall Score
79
70
Home Condition
73
Natural Light
93
Value
68
Location

Visual Insights

AI-analyzed spaces with reimagining capabilities

Ceiling Tiles
Ceiling Tiles

Ceiling Tiles

The ceilings appear to be made of older tiles, which may contain asbestos. This should be tested and potentially removed.

Weathered Deck and Stairs
Weathered Deck and Stairs

Weathered Deck and Stairs

The wooden deck and stairs at the front entrance appear weathered and may require repair or replacement.

Dated Kitchen
Dated Kitchen

Dated Kitchen

The kitchen features a mix of white and blue cabinets, which may not appeal to all buyers. The countertops and appliances are also dated.

Dated Bathrooms
Dated Bathrooms

Dated Bathrooms

The bathrooms have some updates, but the overall style is still dated. The fixtures and finishes could be improved.

Dark Exterior Paint
Dark Exterior Paint

Dark Exterior Paint

The exterior paint color is dark and may not be appealing to all buyers. It could also contribute to heat absorption.

Gravel Ground Cover
Gravel Ground Cover

Gravel Ground Cover

The gravel ground cover in the backyard and side yard is not ideal for creating a comfortable outdoor living space.

Worn Carpet
Worn Carpet

Worn Carpet

The carpet in some of the bedrooms appears worn and outdated. It may need to be replaced.

Chain-Link Fence
Chain-Link Fence

Chain-Link Fence

The chain-link fence is functional but detracts from the overall curb appeal.

Renovation Assessment

Prioritized renovations based on property inspection and market impact.

High Priority Renovations

$18,000

Kitchen Renovation

$12,000
High

Ceiling Tile Removal/Replacement

$6,000
High

Note: these are rough estimates. For more accurate estimates, please contact a professional.

Ownership History

Previous ownership changes and transaction details

May
2021
$409,000Financed
May 20, 2021
From:Timothy A Blumenstein, Estate Of Elizabeth Louise Paddock
To:Ashley R Jensen
Warranty Deed
Standard Sale (Purchase/Resales)

Pricing History

Historical pricing trends for this property

Monthly Costs

Interactive breakdown of estimated monthly expenses

Monthly Cost
$0123456789012345678901234567890123456789
$495,000
-30%List: $495,000+30%
20%
$99,000of $495,000
7%
1%15%
* Estimates based on a 30-year fixed mortgage. Property tax rate: 1.2%, Home insurance: $2,079/year

Upfront Transaction Costs

Estimated costs due at closing, including down payment and fees

Total Due at Closing
$132,323
Closing Costs
+$33,323
Down Payment
$99,000
Buyer Agent Fee
$12,623
Loan Fees
$3,960
Title & Escrow
$2,970
Inspections
$900
Transfer Tax
$5,445
Prepaid Expenses
$7,425

* Estimated costs based on typical rates. Actual costs may vary by location, lender, and transaction details.

** Buyer agent fees are negotiable and may sometimes be covered by the seller.

Buyer Power Index

5
/10
Limited Buyer Power
Market Speed
4 days
vs 35 day average
This home has been listed for 4 days, while homes in this area typically sell in 35 days
Inventory Health
69
homes for sale
43 homes sold last month, indicating 1.6x more supply than demand
Price Dynamics
101.8%
of asking price
Homes typically sell for 1.8% above asking price

Price Trajectory

$764,950
Current median price
+1.5%
Year over year
Cooling
Heating
Market favors buyers
Market favors sellers
Market Is strongly heating
Prices are up 6.3% over the last 3 months
3 Months
+6.3%
6 Months
-1.3%
1 Year
+1.5%

Historical Market Pulse

Key metrics over time, revealing market momentum and patterns

Negotiation Insight

Days on market increasing 196.6% over the past 3 months suggests growing buyer leverage.

Historical Comparison
Current Value
$764,950
3 Months Ago
$547,010
+39.8%
Subject Property
Comparable Sales
View on Zillow

Subject Property

Price
$495,000
Price/sqft
$413
Layout
3 bd2 ba
Days on market
4 daysat time of analysis

Stats in the Area

Based on 6 comparable properties nearby

Average Price

$651,000

24.0%

Your price is 24.0% below average

Median Price

$625,000

20.8%

Based on 6 recent sales

Price per Sq.Ft

$514

19.7%

Your price is 19.7% below average $/sqft

Comparable Properties

9224 36th Avenue S, Seattle, WA 98118
Price: $625,000
Sq.Ft: 1,320
Beds/Baths: 4/2
$/Sq.Ft:
$47314.8%
Sale Date: 3/21/2025
9224 36th Avenue S, Seattle, WA 98118
Price: $625,000
Sq.Ft: 1,320
Beds/Baths: 4/2
$/Sq.Ft:
$47314.8%
Sale Date: 3/19/2025
6545 Holly Terrace S, Seattle, WA 98118
Price: $1,010,000
Sq.Ft: 1,312
Beds/Baths: 2/2
$/Sq.Ft:
$77086.6%
Sale Date: 3/13/2025
8301 Wolcott Avenue S, Seattle, WA 98118
Price: $511,000
Sq.Ft: 1,030
Beds/Baths: 2/2
$/Sq.Ft:
$49620.3%
Sale Date: 3/17/2025
8127 49th Avenue S, Seattle, WA 98118
Price: $490,000
Sq.Ft: 1,260
Beds/Baths: 2/2
$/Sq.Ft:
$3895.7%
Sale Date: 1/6/2025
9300 39th Avenue S, Seattle, WA 98118
Price: $645,000
Sq.Ft: 1,330
Beds/Baths: 3/2
$/Sq.Ft:
$48517.6%
Sale Date: 1/11/2025

Schools

Nearby school quality by education level

Elementary

5.0/10
Average

Middle

5.7/10
Average

High

2.0/10
Below Average

Neighborhood Mobility

How easily you can get around with or without a car

Scores are out of 100. Higher scores indicate better accessibility. Data provided by Walk Score®.

Climate Risks

Assessment of climate-related hazards for this property

Moderate Risk Profile

This property has 0 severe, 0 major, and 3 moderate risk factors

Climate risk data is based on historical patterns and projections. Consider consulting with insurance providers and local experts for property-specific assessments.

Sunlight Analysis

Data provided by Shadowmap

Loading sunlight data...

Tour Checklist

Key items to inspect during your property tour

Inspect ceiling tiles closely for damage, staining, or crumbling, and inquire about asbestos testing.

Inspect the roof closely for any signs of damage, such as missing shingles, leaks, or sagging. Check the gutters and downspouts for proper drainage.

Inspect the foundation for cracks, settling, or other signs of structural problems.

Questions to Ask

Important questions to ask during the tour

Can you provide documentation regarding the new roof installation, including the warranty and any inspection reports?

Has the ceiling tile been tested for asbestos? If so, can you provide the results? If not, is the seller willing to have it tested?

Can you provide a seller's disclosure statement outlining any known defects or issues with the property?

Showing critical items first. Click any item to see why it's important. Red icons indicate highest priority items that should not be missed.

Property Discussion

Start the Conversation

Share your insights on this property—did you visit the open house? Know of any hidden pros or cons? Your street-level knowledge could be exactly what another buyer needs.

You
Join 1,000+ buyers

Analyze Any Property for Free

Get instant insights and potential savings on any Zillow listing.

Free Analysis
AI-Powered Insights
Instant Results