5303 Rainier Avenue South

Local assessors in Seattle, WA have categorized 5303 Rainier Avenue South as a commercial type of property. The home was built in 1948 and is 76 years old. It was most recently renovated and altered in 2000. The property's lot size has been calculated to be 5,880 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a custom style. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis.

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. 5303 Rainier Avenue South is a 4 code building. This code stands for "buildings that have wood or wood and steel frames.". 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. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. 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 - C. The home's a forced air unit is the primary heating source. 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, 5303 Rainier Avenue South sold most recently in Jul 12, 2000 for a total of $283,000. If you work out the math, that's approximately a cost of $49.72 per sqft. 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 $15,361 in taxes each year. 5303 Rainier Avenue South was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,564,700. If we break it down further, the land itself was valued at $793,800. Improvements to the property, however, were assessed at a total of $770,900. 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.