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4541 Northeast 55th Street

4541 Northeast 55th Street, Seattle, WA 98105
Property in Windermere
Sold Nov 22, 2021
$2,200,000
$2,020,000 by Columbia State Bank
Mortgage
Sold Oct 01, 2004
$750,000
$562,500 by Golf Savings Bank
Mortgage
4541 Northeast 55th Street in Seattle, WA was first built in 1956 and is 68 years old. Although, the building on the property was most recently renovated and altered in 1992. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a custom style. There are a total of 2 floors. In total, the area measurement of the land is 7,603 square feet.

Learn more about the property and building on this page. 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 open garage. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood. As for heating, the home is utilizing a heating system. The property was last sold in Nov 18, 2021 for $2,200,000. That's $333.74 per sqft. Prior to that sales transaction, the property was also sold in Sep 28, 2004 for $750,000. 4541 Northeast 55th Street was last assessed in 2023. The total value of the property was assessed at $2,222,000. Specifically, the land the property is located on was valued at $1,520,600. While improvements on the property were assessed at a total of $701,400. 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 $21,657. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. 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: 1956
  • Effective Year Built: 1992
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Custom
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Living Units: 8
  • Business/Commerical Units Count: 1
  • Basement Area: 0
  • Garage Type: Open
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,603
  • Total Building Area: 6,592
  • Gross Building Area: 7,012
  • Building Area: 6,598
  • Building Area Measurement: Adjusted Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HAWTHORNE HILLS
  • Land Acres: 0.175
  • Standard Land Use Code: Apartments (generic)
  • County Land Use Code: Pipeline or right-of-way
  • Legal Description 1: HAWTHORNE HILLS UNREC PLAT BLOCK: 1 PLAT LOT: G

Ownership

  • Current Owner : STRAIGHT ARROW HOMES LLC
  • Previous Owner : BENNETT RICHARD ARTHUR
  • Previous Owner 2: BENNETT ROBERTA LOU
  • Owner Before Previous Owner: ZETIN CHRISTIAN INVESTMENT LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Seattle School District
  • Census Tract: 004201

Zoning

  • Zoning: LR1 (M)

Geography

  • Account Number: 318010003503
  • District: SEATTLE
  • Subdivision Tract Number: G
  • Parcel: 318010-0035
  • Block: 1
  • Lot: G
  • Meridian: SEC 10 TWN 25 RNG 04
  • Municipality: SEATTLE
  • Latitude: 47.669
  • Longitude: -122.278

    Address

  • Full Address: 4541 Ne 55th St
  • Address - House Number: 4541
  • Street Direction: NE
  • Address - Street Name: 55th
  • Address - Suffix Type: St
  • State: WA
  • City Name: Seattle
  • Carrier Code: C067
  • 4-Digit Zip Code: 2944
  • Zip Code: 98105

Valuation

    Tax

  • Total Area: 6,598
  • Tax Year: 2024
  • Tax Amount: $21,657
  • Tax Rate Code Area: 0010

    Appraisal Valuation

  • Standard Deviation: 0.3128
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 37
  • Final Value: 2,656,543
  • High Value: 3,487,635
  • Low Value: 1,825,450

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,020,000
  • First Open Lien Mortgage Lender: COLUMBIA STATE BANK
  • First Open Lien Mortgage Recording Date: Nov 22, 2021
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $2,020,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan

    Market Valuation

  • Market Total Value: $2,222,000
  • Market Land Value: $1,520,600
  • Market Improvement Value: $701,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,222,000
  • Assessed Land Value: $1,520,600
  • Assessed Improvements Value: $701,400

    Sales

  • Current Sale Contract Date: Nov 18, 2021
  • Current Sale Recording Date: Nov 22, 2021
  • Current Sale Transaction ID: 11869293214
  • Current Sale Price: $2,200,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20211122000402
  • Previous Sale Recording Date: Oct 01, 2004
  • Previous Sale Contract Date: Sep 28, 2004
  • Previous Sale Amount: $750,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: COLUMBIA STATE BANK
  • First Mortgage Transaction Date: Nov 22, 2021
  • First Mortgage Loan Amount: $2,020,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Building or Construction Loan

    Financing

  • First Mortgage Financing Type: Variable

    Previous Mortgages

  • Previous Mortgage Lender: GOLF SAVINGS BANK
  • Previous Mortgage Transaction Date: Oct 01, 2004
  • Previous Mortgage Loan Amount: $562,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Northeast Seattle



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Frequently Asked Questions

What neighborhood is 4541 Northeast 55th Street located in?
The 4541 Northeast 55th Street is a located in the neighborhood of Windermere in Northeast Seattle, Seattle.
What is the average sales price for listings in 4541 Northeast 55th Street?
The average sales price for units in 4541 Northeast 55th Street is $0 currently.

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