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2206 5th Avenue North

2206 5th Avenue North, Seattle, WA 98109
Property in East Queen Anne
Sold Oct 22, 2021
$2,250,000
$1,800,000 by Academy Mortgage Corp
Mortgage Due Nov 01, 2051
Sold Jul 27, 2005
$955,000
$650,000 by Arboretum Mortgage Corp
Mortgage Due Aug 01, 2035
2206 5th Avenue North 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 1922 and is 102 years old. The home has a total of 4 bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 2206 5th Avenue North has 2,990 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 1,130 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 5,950 square feet.

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 both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as good. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. In terms of heating, it is utilizing a hot water heating system and being fueled with electricity. There is a single fireplace in the home. Perfect for those wintery nights. 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. The property was last sold in Oct 21, 2021 for $2,250,000. That's $752.51 per sqft. Prior to that sales transaction, the property was also sold in Jul 25, 2005 for $955,000. 2206 5th Avenue North was last assessed in 2023. The total value of the property was assessed at $1,628,000. Specifically, the land the property is located on was valued at $992,000. While improvements on the property were assessed at a total of $636,000. 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 $15,469. 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! 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: 1922
  • Effective Year Built: 1922
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: B
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement with daylight
  • Basement Area: 1,130
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,950
  • Total Building Area: 2,990
  • Gross Building Area: 2,990
  • Building Area: 2,990
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 2,990
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: PUBLIC BENEFIT SUPL PLAT COLLINS
  • Land Acres: 0.137
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PUBLIC BENEFIT SUPL PLAT COLLINS

Ownership

  • Current Owner : HONG YU JU
  • Current Owner 2: OUYANG KAREN J
  • Previous Owner : WONG BETTY
  • Owner Before Previous Owner: SCOTT STEVEN R
  • Owner Before Previous Owner 2: SCOTT SANDRA Z

Neighborhood

  • School District Name: Seattle School District
  • Census Tract: 006703

Zoning

  • Zoning: NR3

Geography

  • Account Number: 692670019003
  • District: SEATTLE
  • Parcel: 692670-0190
  • Block: 59
  • Lot: 3-4
  • Meridian: SEC 19 TWN 25 RNG 04
  • Municipality: SEATTLE
  • Latitude: 47.6386
  • Longitude: -122.347

    Address

  • Full Address: 2206 5th Ave N
  • Address - House Number: 2206
  • Street Segment Direction: N
  • Address - Street Name: 5th
  • Address - Suffix Type: Ave
  • State: WA
  • City Name: Seattle
  • Carrier Code: C085
  • 4-Digit Zip Code: 2115
  • Zip Code: 98109

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $15,469
  • Tax Rate Code Area: 0010

    Appraisal Valuation

  • Standard Deviation: 0.1601
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 80
  • Final Value: 2,021,214
  • High Value: 2,344,866
  • Low Value: 1,697,562

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,800,000
  • First Open Lien Mortgage Lender: ACADEMY MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Oct 22, 2021
  • First Open Lien Mortgage Loan Amount: $1,800,000
  • 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: Nov 01, 2051

    Market Valuation

  • Market Total Value: $1,628,000
  • Market Land Value: $992,000
  • Market Improvement Value: $636,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,628,000
  • Assessed Land Value: $992,000
  • Assessed Improvements Value: $636,000

    Sales

  • Current Sale Contract Date: Oct 21, 2021
  • Current Sale Recording Date: Oct 22, 2021
  • Current Sale Transaction ID: 11860689133
  • Current Sale Price: $2,250,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20211022000573
  • Previous Sale Recording Date: Jul 27, 2005
  • Previous Sale Contract Date: Jul 25, 2005
  • Previous Sale Amount: $955,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ACADEMY MORTGAGE CORP
  • First Mortgage Transaction Date: Oct 22, 2021
  • First Mortgage Loan Amount: $1,800,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: ARBORETUM MORTGAGE CORP
  • Previous Mortgage Transaction Date: Jul 27, 2005
  • Previous Mortgage Loan Amount: $650,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Aug 01, 2035

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Frequently Asked Questions

What neighborhood is 2206 5th Avenue North located in?
The 2206 5th Avenue North is a located in the neighborhood of East Queen Anne in Magnolia - Queen Anne, Seattle.
What is the average sales price for listings in 2206 5th Avenue North?
The average sales price for units in 2206 5th Avenue North is $0 currently.

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