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1153 North 198th Street

1153 North 198th Street, Seattle, WA 98133
Property in Shoreline
Sold Jun 14, 2019
$661,000
$340,000 by Commencement Bank
Mortgage
Sold Jun 17, 2015
$477,500
$468,850 by Pinnacle Capital Mortgage Corp
Mortgage Due Jul 01, 2045
1153 North 198th Street in Seattle, WA was first built in 2014 and is 10 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a townhouse style. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 4 partial bathrooms. 1153 North 198th Street has 2,480 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 500 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 2,500 square feet.

Learn more about the property and building on this page. There is a unknown. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a attached garage. The garage is 440 sqft. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as average. As for heating, the home is utilizing a forced air unit and being fueled with electricity. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 1153 North 198th Street sold most recently in Jun 12, 2019 for a total of $661,000. If you work out the math, that's approximately a cost of $226.37 per sqft. Before that, the property was also sold for $477,500 in Aug 14, 2014. 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 $9,393 in taxes each year. 1153 North 198th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $795,000. If we break it down further, the land itself was valued at $256,000. Improvements to the property, however, were assessed at a total of $539,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2014
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: B
  • Building Style: Townhouse
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 500
  • Garage Type: Attached
  • Garage Square Area: 440
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 2,500
  • Total Building Area: 2,920
  • Gross Building Area: 2,920
  • Building Area: 2,480
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,480
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: ECHO LAKE PARK ADD
  • Land Acres: 0.057
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: ECHO LAKE PARK ADD LOT 2 SHORELINE SP #201908 REC #20131003900004 SD SP BEING N 160 OF LOT 9 SD ADD

Ownership

  • Current Owner : LI GUANGYI
  • Current Owner 2: SU GUANYI
  • Previous Owner : DALTON NEWMAN L
  • Previous Owner 2: DALTON IVIE N
  • Owner Before Previous Owner: AULCK BALWANT
  • Owner Before Previous Owner 2: AULCK GURBAX
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shoreline School District
  • Census Tract: 020301

Zoning

  • Zoning: R48

Geography

  • Account Number: 222730004405
  • District: SHORELINE
  • Parcel: 222730-0044
  • Lot: 9
  • Meridian: SEC 06 TWN 26 RNG 04
  • Municipality: SHORELINE
  • Latitude: 47.773
  • Longitude: -122.345

    Address

  • Full Address: 1153 N 199th St
  • Address - House Number: 1153
  • Street Direction: N
  • Address - Street Name: 199th
  • Address - Suffix Type: St
  • State: WA
  • City Name: Shoreline
  • Carrier Code: C026
  • 4-Digit Zip Code: 3606
  • Zip Code: 98133

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $9,393
  • Tax Rate Code Area: 2263

    Appraisal Valuation

  • Standard Deviation: 0.1593
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 80
  • Final Value: 981,584
  • High Value: 1,138,012
  • Low Value: 825,155

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $340,000
  • First Open Lien Mortgage Lender: COMMENCEMENT BANK
  • First Open Lien Mortgage Recording Date: Mar 21, 2023
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $340,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $795,000
  • Market Land Value: $256,000
  • Market Improvement Value: $539,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $795,000
  • Assessed Land Value: $256,000
  • Assessed Improvements Value: $539,000

    Sales

  • Current Sale Contract Date: Jun 12, 2019
  • Current Sale Recording Date: Jun 14, 2019
  • Current Sale Transaction ID: 11613410706
  • Current Sale Price: $661,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20190614001433
  • Previous Sale Recording Date: Jun 17, 2015
  • Previous Sale Contract Date: Aug 14, 2014
  • Previous Sale Amount: $477,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Jun 14, 2019
  • First Mortgage Loan Amount: $411,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: PINNACLE CAPITAL MORTGAGE CORP
  • Previous Mortgage Transaction Date: Jun 17, 2015
  • Previous Mortgage Loan Amount: $468,850
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jul 01, 2045

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Frequently Asked Questions

What neighborhood is 1153 North 198th Street located in?
The 1153 North 198th Street is a located in the neighborhood of Shoreline in Shoreline, Seattle.
What is the average sales price for listings in 1153 North 198th Street?
The average sales price for units in 1153 North 198th Street is $0 currently.

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