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1531 5th Avenue West

1531 5th Avenue West, Seattle, WA 98119
Property in West Queen Anne
Sold Aug 18, 1994
$265,000
$250,000 by Signature Mtg Inc
Mortgage Due Sep 01, 2024
Local assessors in Seattle, WA have categorized 1531 5th Avenue West as a residential type of property. The home was built in 1907 and is 117 years old. The property's lot size has been calculated to be 6,000 square feet. 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, 5 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 3 partial bathrooms. This is a 2 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 1531 5th Avenue West has a total of 3,110 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 400 sqft. 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 good. 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 hot water heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 1531 5th Avenue West was last sold in Aug 17, 1994 for $265,000. According to our calculations, that's $64.48 per sqft. Current property owners are expected to pay $17,959 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2022. The property on 1531 5th Avenue West was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,903,000. To break that down further, the land itself was valued at $1,030,000. While improvements to the property were assessed at a total of $873,000. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1907
  • Effective Year Built: 1907
  • Building Count: 2
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 1
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: B
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 600
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,000
  • Total Building Area: 4,110
  • Gross Building Area: 4,110
  • Building Area: 3,110
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 3,110
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LAWS 2ND ADD
  • Land Acres: 0.138
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LAWS 2ND ADD S 10 FT OF 2 & ALL 3 & N 10 FT OF 4

Ownership

  • Current Owner : PETERSON DARRELL A
  • Current Owner 2: PETERSON STACIE A
  • Previous Owner : MORGAN RICHARD H
  • Previous Owner 2: MORGAN KAREN F
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Seattle School District
  • Census Tract: 006900

Zoning

  • Zoning: NR3

Geography

  • Account Number: 423290297500
  • District: SEATTLE
  • Parcel: 423290-2975
  • Block: 36
  • Lot: Mar 04, 2002
  • Meridian: SEC 24 TWN 25 RNG 03
  • Municipality: SEATTLE
  • Latitude: 47.6332
  • Longitude: -122.364

    Address

  • Full Address: 1531 5th Ave W
  • Address - House Number: 1531
  • Street Segment Direction: W
  • Address - Street Name: 5th
  • Address - Suffix Type: Ave
  • State: WA
  • City Name: Seattle
  • Carrier Code: C006
  • 4-Digit Zip Code: 3213
  • Zip Code: 98119

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $17,959
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 0010

    Appraisal Valuation

  • Standard Deviation: 0.1472
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 82
  • Final Value: 2,210,902
  • High Value: 2,536,366
  • Low Value: 1,885,438

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $250,000
  • First Open Lien Mortgage Lender: SIGNATURE MTG INC
  • First Open Lien Mortgage Recording Date: Aug 18, 1994
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $250,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2024

    Market Valuation

  • Market Total Value: $1,903,000
  • Market Land Value: $1,030,000
  • Market Improvement Value: $873,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,903,000
  • Assessed Land Value: $1,030,000
  • Assessed Improvements Value: $873,000

    Sales

  • Current Sale Contract Date: Aug 17, 1994
  • Current Sale Recording Date: Aug 18, 1994
  • Current Sale Transaction ID: 1037050988
  • Current Sale Price: $265,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 9408180780

    Last Sale Mortgage

  • First Mortgage Lender: SIGNATURE MTG INC
  • First Mortgage Transaction Date: Aug 18, 1994
  • First Mortgage Loan Amount: $250,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Sep 01, 2024

    Financing

  • First Mortgage Financing Type: Variable

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Frequently Asked Questions

What neighborhood is 1531 5th Avenue West located in?
The 1531 5th Avenue West is a located in the neighborhood of West Queen Anne in Magnolia - Queen Anne, Seattle.
What is the average sales price for listings in 1531 5th Avenue West?
The average sales price for units in 1531 5th Avenue West is $0 currently.

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