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1626 Federal Avenue East

1626 Federal Avenue East, Seattle, WA 98102
Property in Broadway
Sold Dec 03, 2014
$24,000,000
$2,550,000 by First Republic Bank
Mortgage Due May 01, 2052
Sold Apr 29, 1994
$810,000
$607,000 by Continental Svgs Bk
Mortgage Due May 01, 2024
1626 Federal Avenue East in Seattle, WA was first built in 1926 and is 98 years old. Although, the building on the property was most recently renovated and altered in 2017. 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, 3 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 1626 Federal Avenue East has 4,955 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. The basement is 1,420 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 24,825 square feet.

Learn more about the property and building on this page. There is 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. The quality of the control joints have been graded by the local assessor with a letter grade of A. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick. As for heating, the home is utilizing a hot water heating system and being fueled with electricity. 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. The property was last sold in Nov 13, 2014 for $24,000,000. That's $4,843.59 per sqft. Prior to that sales transaction, the property was also sold in Apr 19, 1994 for $810,000. 1626 Federal Avenue East was last assessed in 2023. The total value of the property was assessed at $5,025,000. Specifically, the land the property is located on was valued at $3,264,000. While improvements on the property were assessed at a total of $1,761,000. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $47,736. 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! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 2017
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: A
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 1,420
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 24,825
  • Total Building Area: 4,955
  • Gross Building Area: 4,955
  • Building Area: 4,955
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 4,955
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HOLLYWOOD ADD
  • Land Acres: 0.57
  • Standard Land Use Code: Single family residential
  • Legal Description 1: HOLLYWOOD ADD 11 & SLY 23.12 FT OF 12 TGW POR SE 1/4 STR 20-25-04 DAF BEG SE COR LOT 10 BLK 1 SD ADD TH N 132.94 FT TH E 130 FT TH S 132.91 FT TH W TO BEG

Ownership

  • Current Owner : BOYCE ROBERT C
  • Current Owner 2: ROBERT C BOYCE REVOCABLE LIVING TRUST
  • Previous Owner : MILLER GEORGE ANDREW
  • Previous Owner 2: KIM MILLER SALLY H
  • Owner Before Previous Owner: LAIRD NORTON TRUST COMPANY
  • Owner Before Previous Owner 2: CARLSON WILLADEE H
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Revocable Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Seattle School District
  • Census Tract: 006500

Zoning

  • Zoning: NR3

Geography

  • Account Number: 339880005501
  • District: SEATTLE
  • Parcel: 339880-0055
  • Block: 1
  • Lot: 10
  • Meridian: SEC 20 TWN 25 RNG 04
  • Municipality: SEATTLE
  • Latitude: 47.6339
  • Longitude: -122.319

    Address

  • Full Address: 1626 Federal Ave E
  • Address - House Number: 1626
  • Street Segment Direction: E
  • Address - Street Name: Federal
  • Address - Suffix Type: Ave
  • State: WA
  • City Name: Seattle
  • Carrier Code: C101
  • 4-Digit Zip Code: 4235
  • Zip Code: 98102

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $47,736
  • Tax Rate Code Area: 0013

    Appraisal Valuation

  • Standard Deviation: 0.203
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 72
  • Final Value: 4,864,402
  • High Value: 5,852,017
  • Low Value: 3,876,786

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,550,000
  • First Open Lien Mortgage Lender: FIRST REPUBLIC BANK
  • First Open Lien Mortgage Recording Date: May 11, 2022
  • First Open Lien Mortgage Loan Amount: $2,550,000
  • 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: May 01, 2052

    Market Valuation

  • Market Total Value: $5,025,000
  • Market Land Value: $3,264,000
  • Market Improvement Value: $1,761,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $5,025,000
  • Assessed Land Value: $3,264,000
  • Assessed Improvements Value: $1,761,000

    Sales

  • Current Sale Contract Date: Nov 13, 2014
  • Current Sale Recording Date: Dec 03, 2014
  • Current Sale Transaction ID: 1198790317
  • Current Sale Price: $24,000,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20141203002416
  • Previous Sale Recording Date: Apr 29, 1994
  • Previous Sale Contract Date: Apr 19, 1994
  • Previous Sale Amount: $810,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Dec 03, 2014
  • First Mortgage Loan Amount: $1,560,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Jan 01, 2045

    Previous Mortgages

  • Previous Mortgage Lender: CONTINENTAL SVGS BK
  • Previous Mortgage Transaction Date: Apr 29, 1994
  • Previous Mortgage Loan Amount: $607,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: May 01, 2024

About Capitol Hill



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Frequently Asked Questions

What neighborhood is 1626 Federal Avenue East located in?
The 1626 Federal Avenue East is a located in the neighborhood of Broadway in Capitol Hill, Seattle.
What is the average sales price for listings in 1626 Federal Avenue East?
The average sales price for units in 1626 Federal Avenue East is $0 currently.

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