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5122 Keystone Place North

5122 Keystone Place North, Seattle, WA 98103
Property in Wallingford
Sold Jul 02, 2021
$2,600,000
$1,300,000 by Academy Mortgage Corp
Mortgage Due Jul 01, 2051
Sold Mar 07, 2012
$412,000
$391,400 by Cornerstone Home Lending Inc
Mortgage Due Apr 01, 2042
5122 Keystone Place North 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 1910 and is 114 years old. However, we must point out that the home was most recently renovated and altered in 2017. The home has a total of 5 bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 5122 Keystone Place North has 3,540 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 1,010 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 5,000 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 detached garage for those who require parking. The garage measured 320 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 A by the local assessor. In terms of heating, it is utilizing a forced air unit and being fueled with solar energy. 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, 5122 Keystone Place North sold most recently in Jun 18, 2021 for a total of $2,600,000. If you work out the math, that's approximately a cost of $734.46 per sqft. Before that, the property was also sold for $412,000 in Feb 8, 2012. 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 $19,289 in taxes each year. 5122 Keystone Place North was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $2,050,000. If we break it down further, the land itself was valued at $811,000. Improvements to the property, however, were assessed at a total of $1,239,000. 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: 1910
  • Effective Year Built: 2017
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: A
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 1,010
  • Garage Type: Detached
  • Garage Square Area: 320
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,000
  • Total Building Area: 3,540
  • Gross Building Area: 3,540
  • Building Area: 3,540
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 3,540
  • Heating Fuel Type: Solar energy

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: WOODS SOUTH DIV OF GREEN LAKE ADD
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WOODS SOUTH DIV OF GREEN LAKE ADD 2 & S 10 FT OF 3

Ownership

  • Current Owner : RHODES RANCE MICHAEL
  • Current Owner 2: HUI STEPHANIE LYNNE
  • Previous Owner : WASHBURN JACOB K
  • Previous Owner 2: WASHBURN JULIE A
  • Owner Before Previous Owner: WELLS FARGO BANK NA
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: II

Neighborhood

  • School District Name: Seattle School District
  • Census Tract: 004600

Zoning

  • Zoning: NR3

Geography

  • Account Number: 955020148503
  • District: SEATTLE
  • Parcel: 955020-1485
  • Block: 24
  • Lot: 2-3
  • Meridian: SEC 08 TWN 25 RNG 04
  • Municipality: SEATTLE
  • Latitude: 47.6665
  • Longitude: -122.331

    Address

  • Full Address: 5122 Keystone Pl N
  • Address - House Number: 5122
  • Street Segment Direction: N
  • Address - Street Name: Keystone
  • Address - Suffix Type: Pl
  • State: WA
  • City Name: Seattle
  • Carrier Code: C013
  • 4-Digit Zip Code: 6232
  • Zip Code: 98103

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $19,289
  • Tax Rate Code Area: 0010

    Appraisal Valuation

  • Standard Deviation: 0.1604
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 80
  • Final Value: 2,416,397
  • High Value: 2,804,061
  • Low Value: 2,028,733

    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: Jul 02, 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: Jul 01, 2051

    Market Valuation

  • Market Total Value: $2,050,000
  • Market Land Value: $811,000
  • Market Improvement Value: $1,239,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,050,000
  • Assessed Land Value: $811,000
  • Assessed Improvements Value: $1,239,000

    Sales

  • Current Sale Contract Date: Jun 18, 2021
  • Current Sale Recording Date: Jul 02, 2021
  • Current Sale Transaction ID: 11841740161
  • Current Sale Price: $2,600,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20210702001850
  • Previous Sale Recording Date: Mar 07, 2012
  • Previous Sale Contract Date: Feb 08, 2012
  • Previous Sale Amount: $412,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: ACADEMY MORTGAGE CORP
  • First Mortgage Transaction Date: Jul 02, 2021
  • First Mortgage Loan Amount: $1,300,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: CORNERSTONE HOME LENDING INC
  • Previous Mortgage Transaction Date: Mar 07, 2012
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $391,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2042

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Frequently Asked Questions

What neighborhood is 5122 Keystone Place North located in?
The 5122 Keystone Place North is a located in the neighborhood of Wallingford in Lake Union, Seattle.
What is the average sales price for listings in 5122 Keystone Place North?
The average sales price for units in 5122 Keystone Place North is $0 currently.

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