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350 16th Avenue East

350 16th Avenue East, Seattle, WA 98112
Property in Stevens
Sold Oct 07, 2021
$1,625,000
$1,300,000 by Academy Mortgage Corp
Mortgage Due Nov 01, 2051
Sold Jul 19, 1990
$265,000
350 16th Avenue East in Seattle, WA was first built in 1904 and is 120 years old. 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 is only one bathroom. There are 2 partial bathrooms. 350 16th Avenue East has 2,290 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 600 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 2,800 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 attached garage. The garage is 200 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 A. The condition of the building has been evaluated as good. As for heating, the home is utilizing a forced air unit and being fueled with electricity. 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, 350 16th Avenue East sold most recently in Oct 4, 2021 for a total of $1,625,000. If you work out the math, that's approximately a cost of $652.61 per sqft. Before that, the property was also sold for $265,000 in Jul 19, 1990. 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 $11,244 in taxes each year. 350 16th Avenue East was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,198,000. If we break it down further, the land itself was valued at $680,000. Improvements to the property, however, were assessed at a total of $518,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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!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: 1904
  • Effective Year Built: 1904
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: A
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 600
  • Garage Type: Attached
  • Garage Square Area: 200
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 2,800
  • Total Building Area: 2,490
  • Gross Building Area: 2,490
  • Building Area: 2,290
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,290
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LAWS ADD
  • Land Acres: 0.064
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LAWS ADD W 80 FT LESS S 17 1/2 FT PLAT BLOCK: 31 PLAT LOT: 1

Ownership

  • Current Owner : KUTTYKRISHNAN SOORAJ
  • Current Owner 2: HENDRICKSON REBECCA CAPPEL
  • Previous Owner : GORALSKI GAIL A
  • Previous Owner 2: GAIL A GORALSKI REVOCABLE TRUS
  • Owner Before Previous Owner: MCKILLOP BRIAN R
  • Owner Before Previous Owner 2: MCKILLOP MARY P
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Seattle School District
  • Census Tract: 007600

Zoning

  • Zoning: NR3

Geography

  • Account Number: 423240128805
  • District: SEATTLE
  • Parcel: 423240-1288
  • Block: 31
  • Lot: 1
  • Meridian: SEC 28 TWN 25 RNG 04
  • Municipality: SEATTLE
  • Latitude: 47.622
  • Longitude: -122.311

    Address

  • Full Address: 350 16th Ave E
  • Address - House Number: 350
  • Street Segment Direction: E
  • Address - Street Name: 16th
  • Address - Suffix Type: Ave
  • State: WA
  • City Name: Seattle
  • Carrier Code: C013
  • 4-Digit Zip Code: 5105
  • Zip Code: 98112

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $11,244
  • Tax Rate Code Area: 0013

    Appraisal Valuation

  • Standard Deviation: 0.1452
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 82
  • Final Value: 1,645,811
  • High Value: 1,884,946
  • Low Value: 1,406,677

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,300,000
  • First Open Lien Mortgage Lender: ACADEMY MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Oct 07, 2021
  • First Open Lien Mortgage Loan Amount: $1,300,000
  • 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: $1,198,000
  • Market Land Value: $680,000
  • Market Improvement Value: $518,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,198,000
  • Assessed Land Value: $680,000
  • Assessed Improvements Value: $518,000

    Sales

  • Current Sale Contract Date: Oct 04, 2021
  • Current Sale Recording Date: Oct 07, 2021
  • Current Sale Transaction ID: 11859073672
  • Current Sale Price: $1,625,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20211007000962
  • Previous Sale Recording Date: Jul 19, 1990
  • Previous Sale Contract Date: Jul 19, 1990
  • Previous Sale Amount: $265,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ACADEMY MORTGAGE CORP
  • First Mortgage Transaction Date: Oct 07, 2021
  • First Mortgage Loan Amount: $1,300,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

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Frequently Asked Questions

What neighborhood is 350 16th Avenue East located in?
The 350 16th Avenue East is a located in the neighborhood of Stevens in Capitol Hill, Seattle.
What is the average sales price for listings in 350 16th Avenue East?
The average sales price for units in 350 16th Avenue East is $0 currently.

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