2518 36th Ave W
Magnolia · Seattle, WA 98199
● Active
Property Details
| Price | $1,495,000 |
| Price/sqft | $634/sqft |
| Bedrooms | 4 (2 main level, 2 lower level) |
| Bathrooms | 3 full |
| Living Area | 2,360 sqft (target: 2,800 — 440 under) |
| Lot Size | 5,807 sqft ✅ |
| Year Built | 1947 (fully renovated) |
| Garage | Yes ✅ |
| Days on Market | 32 DOM |
| MLS # | 2495544 |
| Agent | Igor Mayster · John L. Scott |
| Buyer's Commission | 2.5% |
| Listing Status | Active |
Price History Note
⚠️ Previous listing on file: This address was listed as MLS# 2393621 at $1,050,000. Current listing at $1,495,000 represents a ~$445,000 increase — consistent with a major renovation between listings. The listing description confirms all new windows, deck, plumbing, electrical, heating, and roof. This is a post-reno re-list, not a simple price cut reversal.
Criteria Checks
- ✅ Zip 98199 — Magnolia, in target area
- ✅ Street 36th Ave W — not an excluded arterial
- ✅ Olympic Manor check: lat 47.642 not > 47.693 — passes
- ✅ Property type: Single Family Residential
- ✅ Bedrooms: 4 (min 3 required)
- ✅ Bathrooms: 3 full (min 2 required)
- ✅ Lot: 5,807 sqft (min 4,500)
- ✅ Garage: Yes
- ⚠️ Sqft: 2,360 — below 2,800 target (2,200 min passes; 2,800 is real target)
- ⚠️ Lower-level bedrooms — 2 of 4 beds are on lower level; preference is "2nd floor bedrooms"
- ⚠️ Basement ratio concern — lower level has 2 beds + bonus room + bath; assess what % of sqft is below grade
- ⚠️ Laminate floors — "all new laminate" listed; preference is hardwood on main level
- ✅ Listing status: Active
- ℹ️ Price $1,495,000 is below Scenario B expected range ($1.7–2.2M) — attractive pricing
Preference Signals
✓ Open-concept main floor — matches layout preference
✓ Deck with downtown Seattle views — strong outdoor bonus
✓ Garage (1-car minimum met)
✓ Lower level as in-law suite — wet bar + full bath + 2 beds
✓ Fully renovated: new roof, plumbing, electrical, windows, HVAC
✓ Updated kitchen: quartz counters, custom 36" range, SS appliances
⚠ Lower-level bedrooms — conflicts with "2nd floor bedrooms" preference
⚠ Laminate flooring, not hardwood — preference miss
⚠ 2,360 sqft — 440 under the 2,800 target; meaningful size gap
⚠ 1947 build year — assess bones quality despite renovation
ℹ 32 DOM — check why it's sitting; market context or price?
ℹ No learned preference patterns on file yet
Open Houses
Drive Times
Drive times will be filled in by the enrichment step.
Biking & Walkability
Biking times and Walk Score will be filled in by the enrichment step.
Bottom Line
Scenario B at a Scenario C price. This fully renovated 1947 Magnolia home checks nearly every box — 4 beds, 3 baths, 5,807 lot, garage, open-concept kitchen, in-law suite potential on the lower level, and a deck with downtown views — except for sqft (2,360 vs your 2,800 target). The bigger flag is layout: 2 of the 4 bedrooms are on the lower level, which works against your hard preference for upstairs bedrooms, and raises questions about how much of the total sqft is below grade. At $1,495,000 it's priced well below what a comparable B would normally cost (prior listing at $1,050,000 pre-reno explains the delta). The laminate floors and 32 DOM are minor concerns worth noting. Worth a tour to assess the lower-level feel and confirm the above-grade living ratio — if the lower level reads as a true bonus/ADU rather than a compromised basement, this is a compelling value play.