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6788 48th Avenue Southwest

6788 48th Avenue Southwest, Seattle, WA 98136
Property in Gatewood
Sold Jun 18, 2021
$1,500,613
$1,200,490 by Wells Fargo Bank Na
Mortgage Due Jul 01, 2051
Sold Sep 18, 2013
$812,500
$312,500 by Umpqua Bank
Mortgage Due Oct 01, 2043
Local assessors in Seattle, WA have categorized 6788 48th Avenue Southwest as a residential type of property. The home was built in 2013 and is 11 years old. The property's lot size has been calculated to be 4,880 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 6788 48th Avenue Southwest has a total of 2,760 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a full basement with daylight that is 460 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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. 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. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 420 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 - A. The home's a hot water heating system is the primary heating source and it is being fueled with electricity. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 6788 48th Avenue Southwest was last sold in Jun 18, 2021 for $1,500,613. According to our calculations, that's $471.89 per sqft. Prior to that sales transaction, the property was sold for $812,500 in Sep 17, 2013. Current property owners are expected to pay $14,268 in taxes per year. The property on 6788 48th Avenue Southwest was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,516,000. To break that down further, the land itself was valued at $413,000. While improvements to the property were assessed at a total of $1,103,000. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2013
  • Effective Year Built: 2013
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: A
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement with daylight
  • Basement Area: 460
  • Garage Type: Attached
  • Garage Square Area: 420
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,880
  • Total Building Area: 3,180
  • Gross Building Area: 3,180
  • Building Area: 2,760
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 2,760
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LINCOLN BEACH TRS 60 TO 62
  • Land Acres: 0.112
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LINCOLN BEACH UNREC TRS 60 TO 62 10 LESS BEG SW COR TH E ALG S LN 68 FT TH WLY TO PT ON WLY LN 3.5 FT NELY OF BEG TH SWLY 3.5 FT TO BEG PLAT BLOCK: 62 PLAT LOT: 10

Ownership

  • Current Owner : OCONNELL BYRNE PATRICK
  • Current Owner 2: SITTON STEPHANIE
  • Previous Owner : EAGAN LILIANA A
  • Owner Before Previous Owner: BROTHERS ASSOCIATION LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: NR3

Geography

  • Account Number: 431620009503
  • District: SEATTLE
  • Subdivision Tract Number: 60 thru 62
  • Parcel: 431620-0095
  • Block: 62
  • Lot: 10
  • Meridian: SEC 26 TWN 24 RNG 03
  • Municipality: SEATTLE
  • Latitude: 47.5408
  • Longitude: -122.396

    Address

  • Full Address: 6788 48th Ave Sw
  • Address - House Number: 6788
  • Street Segment Direction: SW
  • Address - Street Name: 48th
  • Address - Suffix Type: Ave
  • State: WA
  • City Name: Seattle
  • Carrier Code: C018
  • 4-Digit Zip Code: 1702
  • Zip Code: 98136

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $14,268
  • Tax Rate Code Area: 0010

    Appraisal Valuation

  • Standard Deviation: 0.1605
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 79
  • Final Value: 1,625,531
  • High Value: 1,886,483
  • Low Value: 1,364,580

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,200,490
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Jun 18, 2021
  • First Open Lien Mortgage Loan Amount: $1,200,490
  • 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: $1,516,000
  • Market Land Value: $413,000
  • Market Improvement Value: $1,103,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,516,000
  • Assessed Land Value: $413,000
  • Assessed Improvements Value: $1,103,000

    Sales

  • Current Sale Contract Date: Jun 18, 2021
  • Current Sale Recording Date: Jun 18, 2021
  • Current Sale Transaction ID: 11840588921
  • Current Sale Price: $1,500,613
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20210618001514
  • Previous Sale Recording Date: Sep 18, 2013
  • Previous Sale Contract Date: Sep 17, 2013
  • Previous Sale Amount: $812,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Jun 18, 2021
  • First Mortgage Loan Amount: $1,200,490
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: UMPQUA BANK
  • Previous Mortgage Transaction Date: Sep 18, 2013
  • Previous Mortgage Loan Amount: $312,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2043

About West Seattle



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 6788 48th Avenue Southwest located in?
The 6788 48th Avenue Southwest is a located in the neighborhood of Gatewood in West Seattle, Seattle.
What is the average sales price for listings in 6788 48th Avenue Southwest?
The average sales price for units in 6788 48th Avenue Southwest is $0 currently.

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