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309 Newton Street

309 Newton Street, Seattle, WA 98109
Property in East Queen Anne
Sold Jul 29, 2021
$1,800,000
$1,440,000 by Academy Mortgage Corp
Mortgage Due Aug 01, 2051
Sold Jun 22, 2017
$1,200,000
309 Newton Street 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 1924 and is 100 years old. The home has a total of 3 bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 309 Newton Street has 2,390 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 finished improved basement that is 1,090 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 4,453 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 unknown. 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 heat pump 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 309 Newton Street sold most recently in Jul 17, 2021 for a total of $1,800,000. If you work out the math, that's approximately a cost of $753.14 per sqft. Before that, the property was also sold for $1,200,000 in Jun 8, 2017. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $14,249 in taxes each year. 309 Newton Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,514,000. If we break it down further, the land itself was valued at $864,000. Improvements to the property, however, were assessed at a total of $650,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1924
  • Effective Year Built: 1924
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Quality: B
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 1,090
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,453
  • Total Building Area: 2,390
  • Gross Building Area: 2,390
  • Building Area: 2,390
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Heat pump
  • Heated Square Feet: 2,390
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: BIGELOWS ADD
  • Land Acres: 0.102
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BIGELOWS ADD PCL A SEATTLE BLA NO 2108048 REC NO 20020701900005

Ownership

  • Current Owner : MCLAUGHLIN MICHAEL
  • Current Owner 2: MCLAUGHLIN MEGAN
  • Previous Owner : ALLEN HOLLY
  • Previous Owner 2: THE REVOCABLE TRUST AGREEMENT
  • Owner Before Previous Owner: KAMICAR RICHARD LEE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Seattle School District
  • Census Tract: 006800

Zoning

  • Zoning: NR3

Geography

  • Account Number: 080900194509
  • District: SEATTLE
  • Parcel: 080900-1945
  • Block: 28
  • Lot: Apr 05, 2003
  • Meridian: SEC 19 TWN 25 RNG 04
  • Municipality: SEATTLE
  • Latitude: 47.6364
  • Longitude: -122.351

    Address

  • Full Address: 309 Newton St
  • Address - House Number: 309
  • Address - Street Name: Newton
  • Address - Suffix Type: St
  • State: WA
  • City Name: Seattle
  • Carrier Code: C045
  • 4-Digit Zip Code: 2541
  • Zip Code: 98109

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $14,249
  • Tax Rate Code Area: 0010

    Appraisal Valuation

  • Standard Deviation: 0.1611
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 79
  • Final Value: 1,788,467
  • High Value: 2,076,591
  • Low Value: 1,500,343

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,440,000
  • First Open Lien Mortgage Lender: ACADEMY MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Jul 29, 2021
  • First Open Lien Mortgage Loan Amount: $1,440,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2051

    Market Valuation

  • Market Total Value: $1,514,000
  • Market Land Value: $864,000
  • Market Improvement Value: $650,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,514,000
  • Assessed Land Value: $864,000
  • Assessed Improvements Value: $650,000

    Sales

  • Current Sale Contract Date: Jul 17, 2021
  • Current Sale Recording Date: Jul 29, 2021
  • Current Sale Transaction ID: 11845565729
  • Current Sale Price: $1,800,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20210729000638
  • Previous Sale Recording Date: Jun 22, 2017
  • Previous Sale Contract Date: Jun 08, 2017
  • Previous Sale Amount: $1,200,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ACADEMY MORTGAGE CORP
  • First Mortgage Transaction Date: Jul 29, 2021
  • First Mortgage Loan Amount: $1,440,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Aug 01, 2051

About Magnolia - Queen Anne



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Frequently Asked Questions

What neighborhood is 309 Newton Street located in?
The 309 Newton Street is a located in the neighborhood of East Queen Anne in Magnolia - Queen Anne, Seattle.
What is the average sales price for listings in 309 Newton Street?
The average sales price for units in 309 Newton Street is $0 currently.

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