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5128 Russell Avenue Northwest

5128 Russell Avenue Northwest, Seattle, WA 98107
Property in Adams
5128 Russell Avenue Northwest has been categorized by the local assessors in Seattle, WA as a commercial type of property. The building on the property was first built in 1950 and is 74 years old. However, we must point out that the home was most recently renovated and altered in 1980. This is a single story building so stairs are not necessary to access other parts of the home. The area measurement of the land has been determined as 22,626 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a custom style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. We know that this is 3 code building. This code stands for "buildings that have exterior walls made of non-combustible material. The interior partitions and roof structure are combustible materials. For example, the building may have concrete floors or a wood frame". Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. In terms of heating, it is utilizing a space/suspended heating system. 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 Dec 11, 2015 for $3,368,500. That's $206.66 per sqft. Prior to that sales transaction, the property was also sold in Aug 6, 1986 for $520,000. 5128 Russell Avenue Northwest was last assessed in 2023. The total value of the property was assessed at $3,847,400. Specifically, the land the property is located on was valued at $3,846,400. While improvements on the property were assessed at a total of $1,000. 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 $39,379. 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! 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.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1980
  • Building Count: 1
  • Bedroom Count: 0
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Custom
  • Floor Count: 1
  • Business/Commerical Units Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 22,626
  • Total Building Area: 16,300
  • Gross Building Area: 16,300
  • Building Area: 16,300
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Space/suspended
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Building Type: Exterior non-combustible materials/Interior combustible materials
  • Property Class: Commercial
  • Subdivision: GILMAN PARK BLKS 050 THRU 94
  • Land Acres: 0.519
  • Standard Land Use Code: Commercial (general)
  • Legal Description 1: GILMAN PARK ADD POR OF LOT 10 LY SELY OF NWLY LN LOT 12 PROD NELY TO W LN OF 17TH NW TGW LOT 12 TGW LOT 13 LESS NELY 10 FT TGW ALL LOTS 14-15-16 LESS ST

Ownership

  • Current Owner : 5128 RUSSELL AVE LLC
  • Previous Owner : RUSSELL AVENUE ASSOCIATES
  • Owner Before Previous Owner: RIENER RIENER F
  • Owner Before Previous Owner 2: RIENER MAE E
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Seattle School District
  • Census Tract: 004701

Zoning

  • Zoning: UI U/65

Geography

  • Account Number: 276770380000
  • District: SEATTLE
  • Parcel: 276770-3800
  • Block: 81
  • Lot: 10,12
  • Meridian: SEC 11 TWN 25 RNG 03
  • Municipality: SEATTLE
  • Latitude: 47.666
  • Longitude: -122.38

    Address

  • Full Address: 5128 Russell Ave Nw
  • Address - House Number: 5128
  • Street Segment Direction: NW
  • Address - Street Name: Russell
  • Address - Suffix Type: Ave
  • State: WA
  • City Name: Seattle
  • Carrier Code: C061
  • 4-Digit Zip Code: 3913
  • Zip Code: 98107

Valuation

    Tax

  • Total Area: 15,903
  • Tax Year: 2024
  • Tax Amount: $39,379
  • Tax Rate Code Area: 0010

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,627,000
  • First Open Lien Mortgage Lender: RUSSELL AVENUE ASSOCIATES
  • First Open Lien Mortgage Recording Date: Dec 14, 2015
  • First Open Lien Mortgage Loan Amount: $2,627,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Private Lender: T

    Market Valuation

  • Market Total Value: $3,847,400
  • Market Land Value: $3,846,400
  • Market Improvement Value: $1,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,847,400
  • Assessed Land Value: $3,846,400
  • Assessed Improvements Value: $1,000

    Sales

  • Current Sale Contract Date: Dec 11, 2015
  • Current Sale Recording Date: Dec 14, 2015
  • Current Sale Transaction ID: 1369163008
  • Current Sale Price: $3,368,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20151214001645
  • Previous Sale Recording Date: Aug 06, 1986
  • Previous Sale Contract Date: Aug 06, 1986
  • Previous Sale Amount: $520,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: RUSSELL AVENUE ASSOCIATES
  • First Mortgage Transaction Date: Dec 14, 2015
  • First Mortgage Loan Amount: $2,627,000

About Ballard



Similar Buildings

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Nearby Rentals

Unit for rent at 5398 Russell Ave Nw, Seattle, WA, 98107

$1,880 /mo

  • Studio
  • 1 Bath
  • 503 ft²
5398 Russell Ave Nw #Studio S1, Seattle, WA, 98107 Listing by Equity Residential
Unit for rent at 1501 Nw 56th Street, Seattle, WA, 98107

$1,760 /mo

  • 1 Bed
  • 1 Bath
  • 497 ft²
1501 Nw 56th Street #Open 1 Bedroom C_NOBALCONY, Seattle, WA, 98107 Listing by Equity Residential

Frequently Asked Questions

What neighborhood is 5128 Russell Avenue Northwest located in?
The 5128 Russell Avenue Northwest is a located in the neighborhood of Adams in Ballard, Seattle.
What is the average sales price for listings in 5128 Russell Avenue Northwest?
The average sales price for units in 5128 Russell Avenue Northwest is $0 currently.

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