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5121 Palmer Drive Northwest

5121 Palmer Drive Northwest, Seattle, WA 98107
Property in Phinney Ridge
Sold May 20, 2015
$645,000
$625,000 by Home Point Financial Corporati
Mortgage Due Jan 01, 2037
5121 Palmer Drive Northwest 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 1925 and is 99 years old. However, we must point out that the home was most recently renovated and altered in 2018. The home has a total of 4 bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 5121 Palmer Drive Northwest has 3,140 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 full basement with daylight that is 1,060 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 4,500 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. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 330 sqft. According to our sources, there is one available parking space. 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 average. 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 forced air unit 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. The property was last sold in May 17, 2015 for $645,000. That's $185.34 per sqft. 5121 Palmer Drive Northwest was last assessed in 2023. The total value of the property was assessed at $1,387,000. Specifically, the land the property is located on was valued at $829,000. While improvements on the property were assessed at a total of $558,000. 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 $13,100. 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: 1925
  • Effective Year Built: 2018
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: B
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement with daylight
  • Basement Area: 1,060
  • Garage Type: Attached
  • Garage Square Area: 330
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 4,500
  • Total Building Area: 3,480
  • Gross Building Area: 3,480
  • Building Area: 3,140
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 3,140
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: WOODLAWN TERRACE ADD
  • Land Acres: 0.103
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WOODLAWN TERRACE ADD NW 1/2 OF 19 & ALL OF 20

Ownership

  • Current Owner : SULLIVAN JOSEPH P
  • Current Owner 2: POLLOM SINEAD
  • Previous Owner : EWERS CYNTHIA A
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Seattle School District
  • Census Tract: 004800

Zoning

  • Zoning: NR3

Geography

  • Account Number: 953010143501
  • District: SEATTLE
  • Parcel: 953010-1435
  • Block: 11
  • Lot: 19-20
  • Meridian: SEC 12 TWN 25 RNG 03
  • Municipality: SEATTLE
  • Latitude: 47.6663
  • Longitude: -122.358

    Address

  • Full Address: 5121 Palmer Dr Nw
  • Address - House Number: 5121
  • Street Segment Direction: NW
  • Address - Street Name: Palmer
  • Address - Suffix Type: Dr
  • State: WA
  • City Name: Seattle
  • Carrier Code: C011
  • 4-Digit Zip Code: 3432
  • Zip Code: 98107

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $13,100
  • Tax Rate Code Area: 0010

    Appraisal Valuation

  • Standard Deviation: 0.1597
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 80
  • Final Value: 1,539,060
  • High Value: 1,784,943
  • Low Value: 1,293,177

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $625,000
  • First Open Lien Mortgage Lender: HOME POINT FINANCIAL CORPORATI
  • First Open Lien Mortgage Recording Date: Dec 14, 2021
  • First Open Lien Mortgage Loan Amount: $625,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2037

    Market Valuation

  • Market Total Value: $1,387,000
  • Market Land Value: $829,000
  • Market Improvement Value: $558,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,387,000
  • Assessed Land Value: $829,000
  • Assessed Improvements Value: $558,000

    Sales

  • Current Sale Contract Date: May 17, 2015
  • Current Sale Recording Date: May 20, 2015
  • Current Sale Transaction ID: 1218912455
  • Current Sale Price: $645,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 20150520001128

    Last Sale Mortgage

  • First Mortgage Lender: 1ST SECURITY BANK
  • First Mortgage Transaction Date: May 20, 2015
  • First Mortgage Loan Amount: $516,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2045

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Frequently Asked Questions

What neighborhood is 5121 Palmer Drive Northwest located in?
The 5121 Palmer Drive Northwest is a located in the neighborhood of Phinney Ridge in Northwest Seattle, Seattle.
What is the average sales price for listings in 5121 Palmer Drive Northwest?
The average sales price for units in 5121 Palmer Drive Northwest is $0 currently.

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