Check Availability

1118 Alki Avenue Southwest

1118 Alki Avenue Southwest, Seattle, WA 98116
Property in Alki
1 Units For Sale
Unit for sale at 1118 Alki Avenue SW, Seattle, WA 98116

$900,000

  • 1 Bed
  • 1 Bath
1118 Alki Avenue SW #101, Seattle, WA 98116 Listing by Karl Lindor

Local assessors in Seattle, WA have categorized 1118 Alki Avenue Southwest as a residential type of property. The home was built in 2019 and is 5 years old. The property's lot size has been calculated to be 4,080 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. This is a 6 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1118 Alki Avenue Southwest has a total of 1,000 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B+. The home's a central heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1118 Alki Avenue Southwest sold most recently in Apr 25, 2017 for a total of $1,500,000. If you work out the math, that's approximately a cost of $72.38 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,765,478 in taxes each year. The initial year of tax delinquency occurred in 2019. 1118 Alki Avenue Southwest was most recently assessed in 2020. During this assessment, the property's total value was estimated to be about $986,000. If we break it down further, the land itself was valued at $986,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.

Building Features

Accessibility

ADA Access
Elevators

Condition

Paved Lot

Pet Policy

Cats Allowed
Dogs Allowed
This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Building Condition: Average
  • Building Quality: B+
  • Construction Type: Masonry
  • Building Style: Condo
  • Floor Count: 6
  • Living Units: 11
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,080
  • Lot Size Frontage Feet: 0
  • Total Building Area: 20,724
  • Building Area: 20,724
  • Building Area Measurement: Adjusted Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,000
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: KING ADD
  • Land Acres: 0.094
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: KING ADD

Ownership

  • Current Owner : THE 11 AT ALKI LLC
  • Previous Owner : DENTON JEFFREY W
  • Previous Owner 2: DENTON TAMARA
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Jun 23, 2020

Neighborhood

  • School District Name: Seattle School District
  • Census Tract: 009600

Zoning

  • Zoning: MR (M)

Geography

  • Account Number: 386740034502
  • District: SEATTLE
  • Parcel: 386740-0345
  • Block: 2
  • Lot: 37
  • Meridian: SEC 02 TWN 24 RNG 03
  • Municipality: SEATTLE
  • Latitude: 47.5949
  • Longitude: -122.386

    Address

  • Full Address: 1118 Alki Ave Sw
  • Address - House Number: 1118
  • Street Segment Direction: SW
  • Address - Street Name: Alki
  • Address - Suffix Type: Ave
  • State: WA
  • City Name: Seattle
  • Carrier Code: C001
  • 4-Digit Zip Code: 1809
  • Zip Code: 98116

Valuation

    Tax

  • Tax Year: 2020
  • Tax Amount: $1,765,478
  • Intital Tax Deliquent Year: 2019
  • Tax Rate Code Area: 0010

    Market Valuation

  • Market Total Value: $986,000
  • Market Land Value: $986,000

    Assessments Valuation

  • Assessed Year: 2020
  • Assessed Total Value: $986,000
  • Assessed Land Value: $986,000

    Sales

  • Current Sale Contract Date: Apr 25, 2017
  • Current Sale Recording Date: May 01, 2017
  • Current Sale Transaction ID: 1811255954
  • Current Sale Price: $1,500,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20170501000770

    Last Sale Mortgage

  • First Mortgage Lender: VERISTONE FUND I LLC
  • First Mortgage Transaction Date: May 01, 2017
  • First Mortgage Loan Amount: $9,440,000
  • First Mortgage Terms: 12
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Apr 30, 2018

About West Seattle



Similar Buildings

Property at 1118 Alki Avenue Southwest,

1250 Alki Avenue Southwest

  • 4 Units for Sale
  • 1 Story
1250 Alki Avenue Southwest, Seattle, WA 98116
Property at 1118 Alki Avenue Southwest,

3053 33rd Avenue Southwest

  • 1 Unit for Sale
  • 1 Story
3053 33rd Avenue Southwest, Seattle, WA 98126

Nearby Rentals

Unit for rent at 4715 42nd Ave Sw, Seattle, WA, 98116

$1,766 /mo

  • 1 Bed
  • 1 Bath
  • 549 ft²
4715 42nd Ave Sw #O2b East- Income Restricted, Seattle, WA, 98116 Listing by Equity Residential
Unit for rent at 2132 California Avenue Sw, Seattle, WA, 98116

$1,795 /mo

  • 1 Bed
  • 1 Bath
  • 700 ft²
2132 California Avenue Sw #2132 California Avenue SW #302, Seattle, WA, 98116 Listing by Manager
Unit for rent at 4301 Sw College St, Seattle, WA, 98116

$1,895 /mo

  • 1 Bed
  • 1 Bath
  • 670 ft²
4301 Sw College St #4301 SW College St - 201, Seattle, WA, 98116 Listing by Manager
Unit for rent at 3236 Sw Avalon Way, Seattle, WA, 98126

$1,699 /mo

  • 1 Bed
  • 1 Bath
  • 598 ft²
3236 Sw Avalon Way #3236 SW Avalon Way #403, Seattle, WA, 98126 Listing by Manager

Frequently Asked Questions

What neighborhood is 1118 Alki Avenue Southwest located in?
The 1118 Alki Avenue Southwest is a located in the neighborhood of Alki in West Seattle, Seattle.
How many listings are currently for sale in 1118 Alki Avenue Southwest?
There is one unit for sale right now.
What is the average sales price for listings in 1118 Alki Avenue Southwest?
The average sales price for units in 1118 Alki Avenue Southwest is $900,000 currently.

Nearby Counties
Quantcast