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1527 Northwest 62nd Street

1527 Northwest 62nd Street, Seattle, WA 98107
Property in Adams
Sold Dec 04, 2015
$670,000
$465,112 by Ivy Mortgage
Mortgage Due Nov 01, 2036
Sold Oct 11, 2013
$566,000
$452,800 by Wells Fargo Bank Na
Mortgage
Local assessors in Seattle, WA have categorized 1527 Northwest 62nd Street as a residential type of property. The home was built in 2006 and is 18 years old. The property's lot size has been calculated to be 2,375 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a triplex 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, 3 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. There are also 2 partial bathrooms. This is a 3 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 1527 Northwest 62nd Street has a total of 2,060 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. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 350 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 forced air unit is the primary heating source and it is being fueled with electricity. 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, 1527 Northwest 62nd Street sold most recently in Nov 30, 2015 for a total of $670,000. If you work out the math, that's approximately a cost of $278.01 per sqft. Before that, the property was also sold for $566,000 in Oct 8, 2013. 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 $8,320 in taxes each year. 1527 Northwest 62nd Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $875,000. 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 $635,000. 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: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: B
  • Building Style: Triplex
  • Floor Count: 3
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 350
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 2,375
  • Total Building Area: 2,410
  • Gross Building Area: 2,410
  • Building Area: 2,060
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,060
  • 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: 0.055
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: GILMAN PARK ADD LOT B SEATTLE SP #2501533 REC #20051219900017 SD SP BEING LOT 6 BLOCK 19 SD ADD LESS ALLEY PLAT BLOCK: 19 PLAT LOT: 6

Ownership

  • Current Owner : WEN FEI
  • Current Owner 2: YU LU
  • Previous Owner : GINGRASS JENNIFER K
  • Previous Owner 2: KOWALSKI KALE K
  • Owner Before Previous Owner: WANG PEI
  • Owner Before Previous Owner 2: LING TAO

Neighborhood

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

Zoning

  • Zoning: LR1 (M)

Geography

  • Account Number: 276760217006
  • District: SEATTLE
  • Parcel: 276760-2170
  • Block: 19
  • Lot: 6
  • Meridian: SEC 11 TWN 25 RNG 03
  • Municipality: SEATTLE
  • Latitude: 47.6736
  • Longitude: -122.377

    Address

  • Full Address: 1527 Nw 62nd St
  • Address - House Number: 1527
  • Street Direction: NW
  • Address - Street Name: 62nd
  • Address - Suffix Type: St
  • State: WA
  • City Name: Seattle
  • Carrier Code: C083
  • 4-Digit Zip Code: 2336
  • Zip Code: 98107

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $8,320
  • Tax Rate Code Area: 0010

    Appraisal Valuation

  • Standard Deviation: 0.2012
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 72
  • Final Value: 1,210,887
  • High Value: 1,454,613
  • Low Value: 967,161

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $465,112
  • First Open Lien Mortgage Lender: IVY MORTGAGE
  • First Open Lien Mortgage Recording Date: Oct 18, 2021
  • First Open Lien Mortgage Loan Amount: $465,112
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2036

    Market Valuation

  • Market Total Value: $875,000
  • Market Land Value: $240,000
  • Market Improvement Value: $635,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $875,000
  • Assessed Land Value: $240,000
  • Assessed Improvements Value: $635,000

    Sales

  • Current Sale Contract Date: Nov 30, 2015
  • Current Sale Recording Date: Dec 04, 2015
  • Current Sale Transaction ID: 1362655856
  • Current Sale Price: $670,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20151204001243
  • Previous Sale Recording Date: Oct 11, 2013
  • Previous Sale Contract Date: Oct 08, 2013
  • Previous Sale Amount: $566,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST TECHNOLOGY FEDERAL CU
  • First Mortgage Transaction Date: Dec 04, 2015
  • First Mortgage Loan Amount: $536,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Jan 01, 2046
  • Second Mortgage Lender: FIRST TECHNOLOGY FEDERAL CU
  • Second Mortgage Transaction Date: Dec 04, 2015
  • Second Current Mortgage Financing Type: Variable
  • Second Mortgage Loan Amount: $67,000
  • Second Mortgage Terms: 360
  • Second Mortgage Loan Type: Credit Line (Revolving)

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Oct 11, 2013
  • Previous Mortgage Loan Amount: $452,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Ballard



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Frequently Asked Questions

What neighborhood is 1527 Northwest 62nd Street located in?
The 1527 Northwest 62nd Street is a located in the neighborhood of Adams in Ballard, Seattle.
What is the average sales price for listings in 1527 Northwest 62nd Street?
The average sales price for units in 1527 Northwest 62nd Street is $0 currently.

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