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7140 18th Avenue Southwest

7140 18th Avenue Southwest, Seattle, WA 98106
Property in Riverview
Sold Feb 19, 2021
$876,000
$776,000 by Movement Mortgage
Mortgage Due Mar 01, 2051
Sold Apr 22, 2016
$534,000
Local assessors in Seattle, WA have categorized 7140 18th Avenue Southwest as a residential type of property. The home was built in 2016 and is 8 years old. The property's lot size has been calculated to be 5,738 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, 5 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 7140 18th Avenue Southwest has a total of 2,510 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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 a unknown so you'll have a great option in the front 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 - B. The home's a heat pump 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, 7140 18th Avenue Southwest was last sold in Feb 16, 2021 for $876,000. According to our calculations, that's $298.98 per sqft. Prior to that sales transaction, the property was sold for $534,000 in Apr 11, 2016. Current property owners are expected to pay $8,109 in taxes per year. The property on 7140 18th Avenue Southwest was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $815,000. To break that down further, the land itself was valued at $277,000. While improvements to the property were assessed at a total of $538,000. 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: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: B
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 420
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,738
  • Total Building Area: 2,930
  • Gross Building Area: 2,930
  • Building Area: 2,510
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Heat pump
  • Heated Square Feet: 2,510
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HOMECROFT ADD
  • Land Acres: 0.132
  • Standard Land Use Code: Single family residential
  • Legal Description 1: HOMECROFT ADD PARCEL C SEATTLE SHORT SUBDIVISION NO 3007820 REC NO 20080310900002 SD SHORT SUBDIVISION DAF - PARCEL A OF SEATTLE SHORT SUBDIVISION NO 2104636 REC NO 20020322900001 BEING POR OF LOTS 2 AND 3 IN BLOCK 53 OF HOMECROFT ADDITION PLAT IN SE

Ownership

  • Current Owner : BORGES ERIKA L
  • Previous Owner : CHOW NORMAN
  • Previous Owner 2: CHOW KAREN
  • Owner Before Previous Owner: TRITEC HOMES INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Seattle School District
  • Census Tract: 010800

Zoning

  • Zoning: NR3

Geography

  • Account Number: 343850322003
  • District: SEATTLE
  • Parcel: 343850-3220
  • Block: 53
  • Lot: 2-3
  • Meridian: SEC 25 TWN 24 RNG 03
  • Municipality: SEATTLE
  • Latitude: 47.5379
  • Longitude: -122.357

    Address

  • Full Address: 7140 18th Ave Sw
  • Address - House Number: 7140
  • Street Segment Direction: SW
  • Address - Street Name: 18th
  • Address - Suffix Type: Ave
  • State: WA
  • City Name: Seattle
  • Carrier Code: C031
  • 4-Digit Zip Code: 1810
  • Zip Code: 98106

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $8,109
  • Tax Rate Code Area: 0010

    Appraisal Valuation

  • Standard Deviation: 0.1611
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 79
  • Final Value: 980,480
  • High Value: 1,138,523
  • Low Value: 822,437

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $833,615
  • First Open Lien Mortgage Lender: MOVEMENT MORTGAGE
  • First Open Lien Mortgage Recording Date: Feb 19, 2021
  • First Open Lien Mortgage Loan Amount: $776,000
  • 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: Mar 01, 2051
  • Second Open Lien Mortgage Lender: SPRING EQ, LLC
  • Second Open Lien Mortgage Recording Date: Jun 20, 2023
  • Second Open Lien Mortgage Loan Amount: $57,615
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Jul 01, 2053

    Market Valuation

  • Market Total Value: $815,000
  • Market Land Value: $277,000
  • Market Improvement Value: $538,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $815,000
  • Assessed Land Value: $277,000
  • Assessed Improvements Value: $538,000

    Sales

  • Current Sale Contract Date: Feb 16, 2021
  • Current Sale Recording Date: Feb 19, 2021
  • Current Sale Transaction ID: 11820564756
  • Current Sale Price: $876,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20210219002025
  • Previous Sale Recording Date: Apr 22, 2016
  • Previous Sale Contract Date: Apr 11, 2016
  • Previous Sale Amount: $534,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: MOVEMENT MORTGAGE
  • First Mortgage Transaction Date: Feb 19, 2021
  • First Mortgage Loan Amount: $776,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2051

About Delridge



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Frequently Asked Questions

What neighborhood is 7140 18th Avenue Southwest located in?
The 7140 18th Avenue Southwest is a located in the neighborhood of Riverview in Delridge, Seattle.
What is the average sales price for listings in 7140 18th Avenue Southwest?
The average sales price for units in 7140 18th Avenue Southwest is $0 currently.

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