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625 North 48th Street

625 North 48th Street, Seattle, WA 98103
Property in Fremont
Sold Aug 10, 2020
$842,000
$673,600 by First Technology Federal Cu
Mortgage Due Sep 01, 2050
Sold Dec 29, 2015
$680,000
$480,000 by M&tbank
Mortgage Due Jan 01, 2046
625 North 48th Street in Seattle, WA was first built in 2012 and is 12 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a townhouse style. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 625 North 48th Street has 1,310 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 310 sqft and has been categorized as a full basement with daylight. In total, the area measurement of the land is 1,134 square feet.

Learn more about the property and building on this page. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a attached garage. The garage is 190 sqft. There is one available parking space. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as average. As for heating, the home is utilizing a radiant heating system and being fueled with electricity. The property was last sold in Aug 6, 2020 for $842,000. That's $561.33 per sqft. Prior to that sales transaction, the property was also sold in Dec 15, 2015 for $680,000. 625 North 48th Street was last assessed in 2023. The total value of the property was assessed at $807,000. Specifically, the land the property is located on was valued at $356,000. While improvements on the property were assessed at a total of $451,000. 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 $7,554. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. 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: 2012
  • Effective Year Built: 2012
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: B
  • Building Style: Townhouse
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement with daylight
  • Basement Area: 310
  • Garage Type: Attached
  • Garage Square Area: 190
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 1,134
  • Total Building Area: 1,500
  • Gross Building Area: 1,500
  • Building Area: 1,310
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Radiant
  • Heated Square Feet: 1,310
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: WOODLAND ADD TO SALMON BAY CITY
  • Land Acres: 0.026
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: WOODLAND ADD TO SALMON BAY CITY LOT C SEATTLE SP #3012949 REC #20120418900005 SD SP DAF LOT 8 BLOCK 18 OF SD ADD PLAT BLOCK: 18 PLAT LOT: 8

Ownership

  • Current Owner : FRANCIS COLIN M
  • Current Owner 2: STEFFAN ALAINA M
  • Previous Owner : STEVENS CHRISTINE
  • Previous Owner 2: ROBINSON LEE
  • Owner Before Previous Owner: MAGNOLIA VICTORY ASSOCIATES LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Seattle School District
  • Census Tract: 004901

Zoning

  • Zoning: LR1 (M)

Geography

  • Account Number: 952110046101
  • District: SEATTLE
  • Parcel: 952110-0461
  • Block: 18
  • Lot: 8
  • Meridian: SEC 07 TWN 25 RNG 04
  • Municipality: SEATTLE
  • Latitude: 47.6634
  • Longitude: -122.35

    Address

  • Full Address: 625 N 48th St
  • Address - House Number: 625
  • Street Direction: N
  • Address - Street Name: 48th
  • Address - Suffix Type: St
  • State: WA
  • City Name: Seattle
  • Carrier Code: C003
  • 4-Digit Zip Code: 6415
  • Zip Code: 98103

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $7,554
  • Tax Rate Code Area: 0010

    Appraisal Valuation

  • Standard Deviation: 0.1472
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 82
  • Final Value: 840,608
  • High Value: 964,353
  • Low Value: 716,863

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $673,600
  • First Open Lien Mortgage Lender: FIRST TECHNOLOGY FEDERAL CU
  • First Open Lien Mortgage Recording Date: Aug 10, 2020
  • First Open Lien Mortgage Loan Amount: $673,600
  • 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: Sep 01, 2050

    Market Valuation

  • Market Total Value: $807,000
  • Market Land Value: $356,000
  • Market Improvement Value: $451,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $807,000
  • Assessed Land Value: $356,000
  • Assessed Improvements Value: $451,000

    Sales

  • Current Sale Contract Date: Aug 06, 2020
  • Current Sale Recording Date: Aug 10, 2020
  • Current Sale Transaction ID: 11779244586
  • Current Sale Price: $842,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20200810000924
  • Previous Sale Recording Date: Dec 29, 2015
  • Previous Sale Contract Date: Dec 15, 2015
  • Previous Sale Amount: $680,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST TECHNOLOGY FEDERAL CU
  • First Mortgage Transaction Date: Aug 10, 2020
  • First Mortgage Loan Amount: $673,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: M&TBANK
  • Previous Mortgage Transaction Date: Dec 29, 2015
  • Previous Mortgage Loan Amount: $480,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2046

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Frequently Asked Questions

What neighborhood is 625 North 48th Street located in?
The 625 North 48th Street is a located in the neighborhood of Fremont in Lake Union, Seattle.
What is the average sales price for listings in 625 North 48th Street?
The average sales price for units in 625 North 48th Street is $0 currently.

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