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1526 Northwest 61st Street

1526 Northwest 61st Street, Seattle, WA 98107
Property in Adams
Sold Mar 15, 2021
$995,000
$789,881 by Wells Fargo Bank Na
Mortgage Due Apr 01, 2051
Sold Mar 10, 2021
$760,000
$684,000 by Homebridge Financial Services
Mortgage Due Apr 01, 2051
1526 Northwest 61st Street has been categorized by the local assessors in Seattle, WA as a residential type of property. The building on the property was first built in 2020 and is 4 years old. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1526 Northwest 61st Street has 1,880 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a full basement with daylight that is 540 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 1,600 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a townhouse style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. In terms of heating, it is utilizing a heat pump and being fueled with electricity. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 1526 Northwest 61st Street sold most recently in Mar 3, 2021 for a total of $995,000. If you work out the math, that's approximately a cost of $529.26 per sqft. Before that, the property was also sold for $760,000 in Feb 3, 2021. 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 $8,659 in taxes each year. The initial year of tax delinquency occurred in 2020. 1526 Northwest 61st Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $929,000. If we break it down further, the land itself was valued at $240,000. Improvements to the property, however, were assessed at a total of $689,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay 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: 2020
  • Effective Year Built: 2020
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Townhouse
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement with daylight
  • Basement Area: 540
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,600
  • Total Building Area: 1,880
  • Gross Building Area: 1,880
  • Building Area: 1,880
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Heat pump
  • Heated Square Feet: 1,880
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: GILMAN PARK ADD BLKS 01 THRU 47
  • Land Acres: 0.037
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: GILMAN PARK ADD PCL B SEATTLE SP#3031324 REC# 20190510900003 SD SP DAF - LOT 17 SD BLK 19 LESS ALLEY PLAT BLOCK: 19 PLAT LOT: 17

Ownership

  • Current Owner : CHEN LU
  • Current Owner 2: ZHU JIALIANG
  • Previous Owner : SEATTLE CUSTOM HOMES LLC
  • Owner Before Previous Owner: SEATTLE CUSTOM HOMES LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Seattle School District
  • Census Tract: 003301

Zoning

  • Zoning: LR1 (M)

Geography

  • Account Number: 276760222600
  • District: SEATTLE
  • Parcel: 276760-2226
  • Block: 19
  • Lot: 17
  • Meridian: SEC 11 TWN 25 RNG 03
  • Municipality: SEATTLE
  • Latitude: 47.6734
  • Longitude: -122.378

    Address

  • Full Address: 1526 Nw 61st St
  • Address - House Number: 1526
  • Street Direction: NW
  • Address - Street Name: 61st
  • Address - Suffix Type: St
  • State: WA
  • City Name: Seattle
  • Carrier Code: C021
  • 4-Digit Zip Code: 2332
  • Zip Code: 98107

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $8,659
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 0010

    Appraisal Valuation

  • Standard Deviation: 0.1472
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 82
  • Final Value: 1,132,674
  • High Value: 1,299,413
  • Low Value: 965,934

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $789,881
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Mar 15, 2021
  • First Open Lien Mortgage Loan Amount: $789,881
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2051

    Market Valuation

  • Market Total Value: $929,000
  • Market Land Value: $240,000
  • Market Improvement Value: $689,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $929,000
  • Assessed Land Value: $240,000
  • Assessed Improvements Value: $689,000

    Sales

  • Current Sale Contract Date: Mar 03, 2021
  • Current Sale Recording Date: Mar 15, 2021
  • Current Sale Transaction ID: 11825061012
  • Current Sale Price: $995,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20210315001916
  • Previous Sale Recording Date: Mar 10, 2021
  • Previous Sale Contract Date: Feb 03, 2021
  • Previous Sale Amount: $760,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Mar 15, 2021
  • First Mortgage Loan Amount: $789,881
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: HOMEBRIDGE FINANCIAL SERVICES
  • Previous Mortgage Transaction Date: Mar 10, 2021
  • Previous Mortgage Loan Amount: $684,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2051

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Frequently Asked Questions

What neighborhood is 1526 Northwest 61st Street located in?
The 1526 Northwest 61st Street is a located in the neighborhood of Adams in Ballard, Seattle.
What is the average sales price for listings in 1526 Northwest 61st Street?
The average sales price for units in 1526 Northwest 61st Street is $0 currently.

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