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11740 Greenwood Avenue North

11740 Greenwood Avenue North, Seattle, WA 98133
Property in Bitter Lake
Sold Oct 07, 2022
$6,945,500
$5,950,000 by Alaska Usa Federal Credit Unio
Mortgage
Sold Mar 01, 2016
$2,100,000
$2,300,000 by Jpmorgan Chase Bank Na
Mortgage
11740 Greenwood Avenue North in Seattle, WA was first built in 1987 and is 37 years old. Although, the building on the property was most recently renovated and altered in 2001. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a custom style. There are a total of 3 floors. In total, the area measurement of the land is 14,400 square feet.

Learn more about the property and building on this page. 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 garage. The garage is 6,021 sqft. There are a total of 20 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood. Walk into the home itself and you'll find that it is currently being cooled with a wall air conditioning unit. As for heating, the home is utilizing floor/wall heating system and being fueled with electricity. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 11740 Greenwood Avenue North was last sold in Oct 5, 2022 for $6,945,500. According to our calculations, that's $303.43 per sqft. Prior to that sales transaction, the property was sold for $2,100,000 in Feb 29, 2016. Current property owners are expected to pay $63,624 in taxes per year. The property on 11740 Greenwood Avenue North was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $6,759,000. To break that down further, the land itself was valued at $1,440,000. While improvements to the property were assessed at a total of $5,319,000. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 2001
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Custom
  • Exterior Walls Type: Wood
  • Floor Count: 3
  • Living Units: 30
  • Business/Commerical Units Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 6,021
  • Parking Space Count: 20

    Dimensions

  • Lot Size Square Feet: 14,400
  • Total Building Area: 22,890
  • Gross Building Area: 32,962
  • Building Area: 22,900
  • Building Area Measurement: Adjusted Area

    Heating and Cooling

  • Air Conditioning: Wall air conditioning unit
  • Heating: Floor/wall
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: NORTH GROVE ADD
  • Land Acres: 0.331
  • Standard Land Use Code: Apartments (generic)
  • County Land Use Code: Pipeline or right-of-way
  • Legal Description 1: NORTH GROVE ADD

Ownership

  • Current Owner : OLYMPIC VIEW APARTMENTS LLC
  • Previous Owner : NORTHGROVE ASSOCIATES LLC
  • Owner Before Previous Owner: PETERSON CARLA M
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Seattle School District
  • Census Tract: 000402

Zoning

  • Zoning: LR2 (M)

Geography

  • Account Number: 614010001509
  • District: SEATTLE
  • Parcel: 614010-0015
  • Block: 1
  • Lot: 3-4
  • Meridian: SEC 30 TWN 26 RNG 04
  • Municipality: SEATTLE
  • Latitude: 47.7154
  • Longitude: -122.355

    Address

  • Full Address: 11740 Greenwood Ave N
  • Address - House Number: 11740
  • Street Segment Direction: N
  • Address - Street Name: Greenwood
  • Address - Suffix Type: Ave
  • State: WA
  • City Name: Seattle
  • Carrier Code: C022
  • 4-Digit Zip Code: 8144
  • Zip Code: 98133

Valuation

    Tax

  • Total Area: 22,900
  • Tax Year: 2024
  • Tax Amount: $63,624
  • Tax Rate Code Area: 0010

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $5,950,000
  • First Open Lien Mortgage Lender: ALASKA USA FEDERAL CREDIT UNIO
  • First Open Lien Mortgage Recording Date: Oct 07, 2022
  • First Open Lien Mortgage Loan Amount: $5,950,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan

    Market Valuation

  • Market Total Value: $6,759,000
  • Market Land Value: $1,440,000
  • Market Improvement Value: $5,319,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $6,759,000
  • Assessed Land Value: $1,440,000
  • Assessed Improvements Value: $5,319,000

    Sales

  • Current Sale Contract Date: Oct 05, 2022
  • Current Sale Recording Date: Oct 07, 2022
  • Current Sale Transaction ID: 11896799279
  • Current Sale Price: $6,945,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 985
  • Previous Sale Recording Date: Mar 01, 2016
  • Previous Sale Contract Date: Feb 29, 2016
  • Previous Sale Amount: $2,100,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ALASKA USA FEDERAL CREDIT UNIO
  • First Mortgage Transaction Date: Oct 07, 2022
  • First Mortgage Loan Amount: $5,950,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Building or Construction Loan

    Previous Mortgages

  • Previous Mortgage Lender: JPMORGAN CHASE BANK NA
  • Previous Mortgage Transaction Date: Mar 01, 2016
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $2,300,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Negative Amortization

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Frequently Asked Questions

What neighborhood is 11740 Greenwood Avenue North located in?
The 11740 Greenwood Avenue North is a located in the neighborhood of Bitter Lake in Northwest Seattle, Seattle.
What is the average sales price for listings in 11740 Greenwood Avenue North?
The average sales price for units in 11740 Greenwood Avenue North is $0 currently.

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