2505 2nd Avenue

Local assessors in Seattle, WA have categorized 2505 2nd Avenue as a residential type of property. The home was built in 1989 and is 35 years old. The property's lot size has been calculated to be 5,198 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a custom style. This is a 7 story home so residents will need to have climb at least one set of stairs on a daily basis.

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 garage for those who need a place to park their vehicle. The garage on the property is 30,135 sqft. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with steel control joints. 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 - C. The property was last sold in Jan 26, 2017 for $21,875,000. Prior to that sales transaction, the property was also sold in Oct 27, 2005 for $14,850,000. 2505 2nd Avenue was last assessed in 2023. The total value of the property was assessed at $24,820,300. Specifically, the land the property is located on was valued at $4,834,100. While improvements on the property were assessed at a total of $19,986,200. 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 $225,751. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.