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King County, WA

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King County, WA

$490,000 · SHORELINE, WA 98133
Works for flippers · Landlords would lose money

Available

$490,000Asking price

2 bd · 1 ba · 1,260 sq ft · built 1953

SHORELINE, WA 98133

No contract on file

via InvestorLift Classic

Listed Nov 3

Works for flippers

Landlords would lose money

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $785,000
Asking price: −$490,000
RepairsThe seller’s figure. Ours: $73,000 – $122,000: −$110,000
Loan, holding, closing20% down, 12% interest, 2 points, 104 days: −$59,493
Profit16.0% of ARV · flippers want 10%+: $125,507
Works

Works for a flipper up to $533,000.

IG HOME BUYERS LLC

ludomir wanot

No reviews yet

Comps

Sales

Rents

ARV $785,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $714,000.

The sales behind this value are shown to members.

ARV $785,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

IG HOME BUYERS LLC

ludomir wanot

No reviews yet

Seller Description

Check out this great opportunity in Shoreline ,The lot is 13,000 sf in an NR2 zone, which gives it a lot of room to work with a possible split an ADU, or a DADU

This is as assignment of contract please don’t contact the owner

Property info:

Address: 18302 Evanston Ave N, Shoreline, WA 9813

Year built: 1953

Year renovated: 1953

Total area: 1,260 S/F

Bds/Baths: 2 / 1

Utilities: Public water , public sewer

Assessed value:$624,000

Assessor link:click here

Land S/F: 13,000 sf (0.2984 acres), Lot 9

Zoning: NR2

Photos: Click here

Terms:

Price: $490,000

Closing: 12/4/2026 or sooner

EMD:$20,000

Seller pays own excise tax and closing cost

Possession: vacant at closing

Analysis:

Price:$490,000

ARV:$785,000

Rehab:$110,000

Potential profit:$98,759

Roi:15.68%

Comps:click here

Disclaimer

Forest Investments LLC is not responsible or liable for any buyer's gains or losses. This proposal is an estimate of potential profits only and not actual financials. You are responsible for your own investment research and investment decisions. Forest Investments LLC directors, employees, and agents will not be liable for any investment