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Criteria Checks
✅Zip code 98103 — target zip (Phinney Ridge / Green Lake / Wallingford)
✅Property type: single-family residence (not condo/townhome/duplex)
✅Not on excluded arterial street (N 73rd St is not on the arterial exclusion list)
✅Not in Olympic Manor exclusion zone (lat ~47.682, lon ~-122.356)
✅Meets 3-bed minimum (barely)
✅Meets 2-bath minimum
❌Living area 1,300 sqft — fails 2,200 sqft global minimum hard by 900 sqft
❌No garage — fails Scenario A requirement
⚠️Price unknown — cannot verify against scenario price ranges
⚠️1906 build — likely significant deferred maintenance and renovation needs
Scenario Classification
Why Scenario D
The structure is a 1,300 sqft, 1906-era single-story home — far too small for Scenarios A, B, or C (which require 2,800/1,800/2,200 sqft respectively). The lot at 6,120 sqft does clear the Scenario D threshold of 5,500 sqft, making this purely a land/rebuild play. You'd be buying the lot and either substantially expanding or fully rebuilding. The existing home has negligible keep value.
Bottom Line Assessment
Assessment
This is an 1906 bungalow on a 6,120 sqft lot in a solid Phinney Ridge location — the lot is the asset, not the house. At 1,300 sqft, the existing structure is a teardown or gut-renovation candidate. The neighborhood is strong (walkable to Phinney Ridge shops, proximity to Green Lake and Woodland Park Zoo), and 98103 is a target zip. However, without a confirmed list price it's impossible to evaluate the rebuild math. If priced below ~$1M, the numbers could work as a Scenario D (rebuild) assuming construction costs of $800K+. If priced north of $1.1M, the total all-in cost likely exceeds $2.2M and makes this marginal. Worth a quick price check — if it's sub-$1M, worth deeper analysis.
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