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1207 SW cambridge Street, Seattle, WA, 98106

3beds
1baths
980sqft
$595,995
$608price/sqft
$3,846/moest. monthly cost
$153,840/yrincome needed

About This Home

Assumable first position 5% interest only loan available for $10,000 assumption fee. offering added flexibility for the right buyer Exceptional development opportunity in Seattle! Zoned NR3, this property offers outstanding upside with strong redevelopment potential. The value is in the land, presenting a rare canvas for your next project in a rapidly evolving neighborhood. Per City of Seattle guidelines, the site may allow a single-family residence with up to two attached ADUs, or one attached ADU and one detached ADU (buyer to verify all zoning, permitting, and development feasibility. A unique opportunity to secure a high-potential parcel in a growing Seattle market.

Getting Around

83
WalkingVery Walkable
58
TransitGood Transit
62
BikeBikeable

Schools

5/10
7/10
Denny Middle SchoolGrades 6-81.0 mi
3/10
Chief Sealth High SchoolGrades 9-121.1 mi

Construction

Condition

  • Year built: 1922

Materials

  • Roof: Composition
  • Construction materials: Wood Products

Type & Style

  • Home type: SingleFamily
  • Architectural style: 1 Story
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dryer,Refrigerator,Washer,Dryer(s),Refrigerator(s),Washer(s)

Basement

  • Basement: None

Bathroom Full

  • Level: Main

Bedroom

  • Level: Main

Bedroom

  • Level: Main

Bedroom

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 3

Entry Hall

  • Level: Main

Family Room

  • Level: Main

Features

  • Flooring: Vinyl,Carpet

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: None

Interior Area

  • Total structure area: 980
  • Total interior livable area: 980 sqft

Kitchen Without Eating Space

  • Level: Main

Property

Details

  • Parcel number: 3298700861
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Entry location: Main
  • Topography of land: Level

Lot

  • Lot size: 5,976 sqft
  • Features: Curbs,Paved,Sidewalk,Value In Land,Gas Available,RV Parking

Parking

  • Parking features: Driveway,Off Street,RV Parking

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Earthquake
Inland Flooding
Heat Wave

FEMA Declared Disasters in King County and Washington

Fire
Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,013$36,156
Home Insurance *$103$1,236
Property Taxes $581$6,972
Electricity $149$1,793
Total$3,846$46,152
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$131,862/yr
40% on housing$115,380/yr
45% on housing$102,560/yr

Washington FAIR Plan Programs

Washington FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 306Commercial: 55
Total Premiums$858,000
Total Exposure$176.33M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.9%
8.9%
0%30.0%
Electricity Growth Rate10-year average: 3.0%
3.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.7%
1.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$608This listing

vs Other Active Listings

Avg $/sqft

ZIP 98106$318
King County$442

vs Homes Sold Last Month

Median $/sqft

ZIP 98106$430
King County$485

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-17Price change$595,995
2026-06-15Price change$599,995
2026-06-09Listed for sale$615,000
2025-08-14Sold$565,000
2015-12-02Listing removed$249,000
2015-08-26Listed for sale$249,000
1998-06-10Sold$114,900

For Sale by Agent

AgentHung Nguyen
BrokerageWhisper Real Estate

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