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1823 North 55th Street

1823 North 55th Street, Seattle, WA 98103
Property in Wallingford
Sold Jun 02, 2021
$1,615,000
$145,330 by Key Bank Na
Mortgage Due Jul 01, 2051
Sold Apr 15, 2004
$422,500
$333,700 by Drake Mortgage Corp
Mortgage Due May 01, 2034
1823 North 55th Street in Seattle, WA was first built in 1905 and is 119 years old. Although, the building on the property was most recently renovated and altered in 2012. 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. 1823 North 55th Street has 1,900 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 810 sqft and has been categorized as a partial basement. In total, the area measurement of the land is 5,350 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 220 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 B. 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 electricity. 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, 1823 North 55th Street was last sold in Jun 1, 2021 for $1,615,000. According to our calculations, that's $819.80 per sqft. Prior to that sales transaction, the property was sold for $422,500 in Apr 14, 2004. Current property owners are expected to pay $12,129 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2020. The property on 1823 North 55th Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,259,000. To break that down further, the land itself was valued at $811,000. While improvements to the property were assessed at a total of $448,000. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1905
  • Effective Year Built: 2012
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: B
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 810
  • Garage Type: Detached
  • Garage Square Area: 220
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,350
  • Total Building Area: 1,970
  • Gross Building Area: 1,970
  • Building Area: 1,900
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,900
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: WALLINGFORDS DIV OF GREEN LAKE ADD
  • Land Acres: 0.123
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WALLINGFORDS DIV OF GREEN LAKE W 1/2 OF 12 & ALL 13 & E 5 FT OF 14

Ownership

  • Current Owner : JUNG BOYOUN
  • Current Owner 2: KIM JOO YUN
  • Previous Owner : FACHAN NEAL
  • Previous Owner 2: ROSOK EMILY K
  • Owner Before Previous Owner: LANGSTRAAT CANNA R
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Seattle School District
  • Census Tract: 004600

Zoning

  • Zoning: NR3

Geography

  • Account Number: 913610008603
  • District: SEATTLE
  • Parcel: 913610-0086
  • Block: 1
  • Lot: 12
  • Meridian: SEC 07 TWN 25 RNG 04
  • Municipality: SEATTLE
  • Latitude: 47.6685
  • Longitude: -122.335

    Address

  • Full Address: 1823 N 55th St
  • Address - House Number: 1823
  • Street Direction: N
  • Address - Street Name: 55th
  • Address - Suffix Type: St
  • State: WA
  • City Name: Seattle
  • Carrier Code: C054
  • 4-Digit Zip Code: 5907
  • Zip Code: 98103

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $12,129
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 0010

    Appraisal Valuation

  • Standard Deviation: 0.1599
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 80
  • Final Value: 1,494,230
  • High Value: 1,733,195
  • Low Value: 1,255,265

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $145,330
  • First Open Lien Mortgage Lender: KEY BANK NA
  • First Open Lien Mortgage Recording Date: Jun 02, 2021
  • First Open Lien Mortgage Loan Amount: $145,330
  • 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: Jul 01, 2051

    Market Valuation

  • Market Total Value: $1,259,000
  • Market Land Value: $811,000
  • Market Improvement Value: $448,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,259,000
  • Assessed Land Value: $811,000
  • Assessed Improvements Value: $448,000

    Sales

  • Current Sale Contract Date: Jun 01, 2021
  • Current Sale Recording Date: Jun 02, 2021
  • Current Sale Transaction ID: 11837042636
  • Current Sale Price: $1,615,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20210602002198
  • Previous Sale Recording Date: Apr 15, 2004
  • Previous Sale Contract Date: Apr 14, 2004
  • Previous Sale Amount: $422,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: KEY BANK NA
  • First Mortgage Transaction Date: Jun 02, 2021
  • First Mortgage Loan Amount: $145,330
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: DRAKE MORTGAGE CORP
  • Previous Mortgage Transaction Date: Apr 15, 2004
  • Previous Mortgage Loan Amount: $333,700
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: May 01, 2034

About Lake Union



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Frequently Asked Questions

What neighborhood is 1823 North 55th Street located in?
The 1823 North 55th Street is a located in the neighborhood of Wallingford in Lake Union, Seattle.
What is the average sales price for listings in 1823 North 55th Street?
The average sales price for units in 1823 North 55th Street is $0 currently.

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