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1201 North 50th Street

1201 North 50th Street, Seattle, WA 98103
Property in Wallingford
Sold Jan 21, 1994
$120,000
$40,000 by Seller
Mortgage
1201 North 50th Street in Seattle, WA was first built in 1916 and is 108 years old. This has been categorized as a residential property type. 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 is only one bathroom. There is a 1 partial bathroom. 1201 North 50th Street has 1,620 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. In total, the area measurement of the land is 4,650 square feet.

Learn more about the property and building on this page. There is a unknown and 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 detached garage. The garage is 360 sqft. There is one available parking space. 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. As for heating, the home is utilizing a forced air unit and being fueled with gas. 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, 1201 North 50th Street sold most recently in Jan 1, 1970 for a total of $120,000. If you work out the math, that's approximately a cost of $43.64 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 $8,727 in taxes each year. 1201 North 50th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $904,000. If we break it down further, the land itself was valued at $632,000. Improvements to the property, however, were assessed at a total of $272,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1916
  • Effective Year Built: 1916
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,130
  • Garage Type: Detached
  • Garage Square Area: 360
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 4,650
  • Total Building Area: 2,750
  • Gross Building Area: 2,750
  • Building Area: 1,620
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,620
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: PORTERFIELDS ADD
  • Land Acres: 0.107
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PORTERFIELDS ADD WLY 34 FT & POR VAC ST ADJ

Ownership

  • Current Owner : RAPTIS JAMES C
  • Previous Owner : LEIK HELEN C
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Seattle School District
  • Census Tract: 005000

Zoning

  • Zoning: NR3

Geography

  • Account Number: 686520015203
  • District: SEATTLE
  • Parcel: 686520-0152
  • Block: 3
  • Lot: 6-7
  • Meridian: SEC 07 TWN 25 RNG 04
  • Municipality: SEATTLE
  • Latitude: 47.6648
  • Longitude: -122.344

    Address

  • Full Address: 1201 N 50th St
  • Address - House Number: 1201
  • Street Direction: N
  • Address - Street Name: 50th
  • Address - Suffix Type: St
  • State: WA
  • City Name: Seattle
  • Carrier Code: C053
  • 4-Digit Zip Code: 6637
  • Zip Code: 98103

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $8,727
  • Tax Rate Code Area: 0010

    Appraisal Valuation

  • Standard Deviation: 0.1659
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 79
  • Final Value: 964,041
  • High Value: 1,124,034
  • Low Value: 804,048

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $100,000
  • First Open Lien Mortgage Lender: SELLER
  • First Open Lien Mortgage Recording Date: Jan 21, 1994
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $40,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Seller take-back
  • Second Open Lien Mortgage Recording Date: Jan 21, 1994
  • Second Open Lien Mortgage Loan Amount: $60,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2

    Market Valuation

  • Market Total Value: $904,000
  • Market Land Value: $632,000
  • Market Improvement Value: $272,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $904,000
  • Assessed Land Value: $632,000
  • Assessed Improvements Value: $272,000

    Sales

  • Current Sale Recording Date: Jan 21, 1994
  • Current Sale Transaction ID: 1009666402
  • Current Sale Price: $120,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: E1354529

    Last Sale Mortgage

  • First Mortgage Lender: SELLER
  • First Mortgage Transaction Date: Jan 21, 1994
  • First Mortgage Loan Amount: $40,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Seller take-back
  • Second Mortgage Loan Amount: $60,000

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 1201 North 50th Street located in?
The 1201 North 50th Street is a located in the neighborhood of Wallingford in Lake Union, Seattle.
What is the average sales price for listings in 1201 North 50th Street?
The average sales price for units in 1201 North 50th Street is $0 currently.

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