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5419 Southwest Beach Drive Terrace

5419 Southwest Beach Drive Terrace, Seattle, WA 98116
Property in Seaview
Sold Feb 28, 2003
$393,500
$342,000 by Universal American Mortgage Co
Mortgage Due Oct 01, 2036
Sold Nov 23, 1999
$325,000
5419 Southwest Beach Drive Terrace 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 1956 and is 68 years old. The home has a total of 2 bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 5419 Southwest Beach Drive Terrace has 1,840 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 6,175 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 440 sqft. According to our sources, there are a total of 2 available parking spaces. 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 good. 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 gas. 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 Feb 25, 2003 for $393,500. That's $172.59 per sqft. Prior to that sales transaction, the property was also sold in Nov 18, 1999 for $325,000. 5419 Southwest Beach Drive Terrace was last assessed in 2023. The total value of the property was assessed at $1,053,000. Specifically, the land the property is located on was valued at $450,000. While improvements on the property were assessed at a total of $603,000. 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 $10,264. 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.

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: B
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 440
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,175
  • Total Building Area: 2,280
  • Gross Building Area: 2,280
  • Building Area: 1,840
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,840
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: BEACH DRIVE VILLA
  • Land Acres: 0.142
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BEACH DRIVE VILLA

Ownership

  • Current Owner : CADWELL JILLE
  • Previous Owner : SCHULZ HARRY R
  • Previous Owner 2: SCHULZ BERNICE W
  • Owner Before Previous Owner: BRASET LORI J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Seattle School District
  • Census Tract: 010602

Zoning

  • Zoning: NR2

Geography

  • Account Number: 059300004005
  • District: SEATTLE
  • Parcel: 059300-0040
  • Lot: 8
  • Meridian: SEC 22 TWN 24 RNG 03
  • Municipality: SEATTLE
  • Latitude: 47.5584
  • Longitude: -122.401

    Address

  • Full Address: 5419 Sw Beach Drive Ter
  • Address - House Number: 5419
  • Street Direction: SW
  • Address - Street Name: Beach Drive
  • Address - Suffix Type: Ter
  • State: WA
  • City Name: Seattle
  • Carrier Code: C053
  • 4-Digit Zip Code: 4360
  • Zip Code: 98116

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $10,264
  • Tax Rate Code Area: 0010

    Appraisal Valuation

  • Standard Deviation: 0.1601
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 80
  • Final Value: 1,194,102
  • High Value: 1,385,293
  • Low Value: 1,002,911

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $382,000
  • First Open Lien Mortgage Lender: UNIVERSAL AMERICAN MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Sep 29, 2016
  • First Open Lien Mortgage Loan Amount: $342,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2036
  • Second Open Lien Mortgage Lender: ALASKA USA FCU
  • Second Open Lien Mortgage Recording Date: Oct 12, 2017
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $40,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $1,053,000
  • Market Land Value: $450,000
  • Market Improvement Value: $603,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,053,000
  • Assessed Land Value: $450,000
  • Assessed Improvements Value: $603,000

    Sales

  • Current Sale Contract Date: Feb 25, 2003
  • Current Sale Recording Date: Feb 28, 2003
  • Current Sale Transaction ID: 1009386564
  • Current Sale Price: $393,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20030228001525
  • Previous Sale Recording Date: Nov 23, 1999
  • Previous Sale Contract Date: Nov 18, 1999
  • Previous Sale Amount: $325,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GOLF SAVINGS BANK
  • First Mortgage Transaction Date: Feb 28, 2003
  • First Mortgage Loan Amount: $314,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Mar 01, 2033

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Frequently Asked Questions

What neighborhood is 5419 Southwest Beach Drive Terrace located in?
The 5419 Southwest Beach Drive Terrace is a located in the neighborhood of Seaview in West Seattle, Seattle.
What is the average sales price for listings in 5419 Southwest Beach Drive Terrace?
The average sales price for units in 5419 Southwest Beach Drive Terrace is $0 currently.

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