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7533 31st Avenue NE, Seattle, WA, 98115

4beds
4baths
2,600sqft
$1,649,950
$635price/sqft
$10,128/moest. monthly cost
$405,120/yrincome needed

About This Home

Presale opportunity in the heart of Wedgwood — estimated completion Summer 2026. This architecturally designed 4-bedroom, 3.5-bath home is the largest of three new construction homes on site, with two additional smaller homes also available. Three levels plus a rooftop deck, the layout features soaring ceilings and oversized windows that flood every floor with light. A private front yard greets you at entry; the ground level anchors a guest suite and flexible family room; the second floor opens into an expansive open-plan kitchen, dining, and living area with a covered deck; the top floor hosts a spacious primary suite, two additional bedrooms, and a dedicated laundry room — capped by a private roof deck built for entertaining. Finishes are spec'd well above market: level 5 smooth drywall throughout, custom fabricated quartz countertops, modern plywood-box cabinetry, pro series appliances, and wide plank engineered hardwood — no carpet anywhere. Every tiled bathroom features heated floors and LED mirrors; under-cabinet and stair lighting add polish at every turn, and custom woodwork and railings carry the craftsmanship through the full vertical. Individual mini-split A/C units in every room and living area deliver precise climate control year-round. EV-ready 2-car garage included. Top ranked NE Seattle schools - Wedgwood, Eckstein & Roosevelt!

Getting Around

81
WalkingVery Walkable
49
TransitSome Transit
94
BikeBiker's Paradise

Schools

9/10
8/10
Eckstein Middle SchoolGrades 6-80.1 mi
10/10
Roosevelt High SchoolGrades 9-121.0 mi

Construction

Condition

  • New construction: Yes
  • Year built: 2026

Materials

  • Roof: Composition
  • Construction materials: Cement Planked,Wood Siding,Wood Products,Cement Plank

Type & Style

  • Home type: Townhouse
  • Architectural style: Townhouse
  • Property subType: Townhouse

Interior

Bathroom Full

  • Level: Third

Bathroom Full

  • Level: Third

Bathroom Three Quarter

  • Level: Main

Bedroom

  • Level: Main

Bedroom

  • Level: Third

Bedroom

  • Level: Third

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 2
  • 3/4 bathrooms: 1
  • 1/2 bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 1

Dining Room

  • Level: Second

Family Room

  • Level: Main

Heating & Cooling

  • Heating features: Ductless,Electric
  • Cooling features: Ductless

Interior Area

  • Total structure area: 2,600
  • Total interior livable area: 2,600 sqft

Kitchen With Eating Space

  • Level: Second

Living Room

  • Level: Second

Master Bedroom

  • Level: Third

Other

  • Level: Second

Utility Room

  • Level: Third

Property

Details

  • Parcel number: 0000000000
  • Special condition: Standard

Features

  • Levels: Multi/Split
  • Has view: Yes
  • View description: Territorial

Parking

  • Total spaces: 2
  • Parking features: Individual Garage
  • Has garage: Yes
  • Covered spaces: 2

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
    EarthquakeModerate
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Earthquake
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 $8,343$100,116
Home Insurance *$230$2,760
Property Taxes $1,378$16,536
Electricity $177$2,134
Total$10,128$121,536
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$347,245/yr
40% on housing$303,840/yr
45% on housing$270,080/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

$635This listing

vs Other Active Listings

Avg $/sqft

ZIP 98115$443
King County$442

vs Homes Sold Last Month

Median $/sqft

ZIP 98115$570
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
2026-04-07Listed for sale$1,649,950
2024-10-25Sold$950,000
2024-08-28Pending sale$1,100,000
2024-08-02Listed for sale$1,100,000
2005-03-25Sold$412,000
2004-09-24Sold$307,000

New Construction

AgentAdrian Chu
BrokerageSpecialty Real Estate Group

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