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4603 Northeast 38th Street

4603 Northeast 38th Street, Seattle, WA 98105
Property in Laurelhurst
Sold May 09, 2014
$1,200,000
$960,000 by Silicon Valley Bank
Mortgage Due Jun 01, 2044
Sold Dec 23, 1983
$239,500
Local assessors in Seattle, WA have categorized 4603 Northeast 38th Street as a residential type of property. The home was built in 1939 and is 85 years old. The property's lot size has been calculated to be 9,480 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 5 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 4603 Northeast 38th Street has a total of 2,910 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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 carport for those who need a place to park their vehicle. The garage on the property is 460 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 - B. Lots of brick were used in the construction of the exterior walls of the home. The home's a forced air unit is the primary heating source and it is being fueled with electricity. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 4603 Northeast 38th Street sold most recently in May 2, 2014 for a total of $1,200,000. If you work out the math, that's approximately a cost of $359.28 per sqft. Before that, the property was also sold for $239,500 in Dec 23, 1983. 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 $15,637 in taxes each year. 4603 Northeast 38th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,626,000. If we break it down further, the land itself was valued at $1,176,000. Improvements to the property, however, were assessed at a total of $450,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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: 1939
  • Effective Year Built: 1939
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 1
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: B
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 430
  • Garage Type: Carport
  • Garage Square Area: 460
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,480
  • Total Building Area: 3,340
  • Gross Building Area: 3,340
  • Building Area: 2,910
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,910
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LAURELHURST HEIGHTS ADD
  • Land Acres: 0.218
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LAURELHURST HEIGHTS ADD PLAT BLOCK: 4 PLAT LOT: 1

Ownership

  • Current Owner : LE THONG QUOC
  • Current Owner 2: LIU CHUN I
  • Previous Owner : LOVEJOY J MICHAEL
  • Previous Owner 2: LOVEJOY KATHLEEN M
  • Owner Before Previous Owner: MATLMAN WILLIAM L
  • Owner Before Previous Owner 2: MARY ELIZABE

Neighborhood

  • School District Name: Seattle School District
  • Census Tract: 004101

Zoning

  • Zoning: NR3

Geography

  • Account Number: 421940029000
  • District: SEATTLE
  • Parcel: 421940-0290
  • Block: 4
  • Lot: 1
  • Meridian: SEC 15 TWN 25 RNG 04
  • Municipality: SEATTLE
  • Latitude: 47.6552
  • Longitude: -122.278

    Address

  • Full Address: 4603 Ne 38th St
  • Address - House Number: 4603
  • Street Direction: NE
  • Address - Street Name: 38th
  • Address - Suffix Type: St
  • State: WA
  • City Name: Seattle
  • Carrier Code: C016
  • 4-Digit Zip Code: 5203
  • Zip Code: 98105

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $15,637
  • Tax Rate Code Area: 0010

    Appraisal Valuation

  • Standard Deviation: 0.1472
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 82
  • Final Value: 2,073,665
  • High Value: 2,378,927
  • Low Value: 1,768,404

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,479,000
  • First Open Lien Mortgage Lender: SILICON VALLEY BANK
  • First Open Lien Mortgage Recording Date: May 09, 2014
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $960,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2044
  • Second Open Lien Mortgage Lender: SILICON VALLEY BANK
  • Second Open Lien Mortgage Recording Date: Aug 01, 2018
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $519,000
  • Second Open Lien Mortgage Term: 120
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Jul 28, 2028

    Market Valuation

  • Market Total Value: $1,626,000
  • Market Land Value: $1,176,000
  • Market Improvement Value: $450,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,626,000
  • Assessed Land Value: $1,176,000
  • Assessed Improvements Value: $450,000

    Sales

  • Current Sale Contract Date: May 02, 2014
  • Current Sale Recording Date: May 09, 2014
  • Current Sale Transaction ID: 1031796830
  • Current Sale Price: $1,200,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20140509000205
  • Previous Sale Recording Date: Dec 23, 1983
  • Previous Sale Contract Date: Dec 23, 1983
  • Previous Sale Amount: $239,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SILICON VALLEY BANK
  • First Mortgage Transaction Date: May 09, 2014
  • First Mortgage Loan Amount: $960,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Jun 01, 2044

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Northeast Seattle



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Frequently Asked Questions

What neighborhood is 4603 Northeast 38th Street located in?
The 4603 Northeast 38th Street is a located in the neighborhood of Laurelhurst in Northeast Seattle, Seattle.
What is the average sales price for listings in 4603 Northeast 38th Street?
The average sales price for units in 4603 Northeast 38th Street is $0 currently.

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