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7507 2nd Avenue Northeast

7507 2nd Avenue Northeast, Seattle, WA 98115
Property in Green Lake
Sold May 24, 1995
$315,000
$299,250 by Mellon Mtg Company
Mortgage Due Jun 01, 2025
Sold May 13, 1994
$290,000
$261,000 by Itt Federal Bank Fsb
Mortgage Due Jun 01, 2024
7507 2nd Avenue Northeast in Seattle, WA was first built in 1929 and is 95 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 7507 2nd Avenue Northeast has 1,600 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. In total, the area measurement of the land is 7,750 square feet.

Learn more about the property and building on this page. There is a unknown. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. 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 200 sqft. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as good. As for heating, the home is utilizing a forced air unit and being fueled with electricity. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 7507 2nd Avenue Northeast was last sold in May 11, 1995 for $315,000. According to our calculations, that's $121.15 per sqft. Prior to that sales transaction, the property was sold for $290,000 in May 13, 1994. Current property owners are expected to pay $10,450 in taxes per year. The property on 7507 2nd Avenue Northeast was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,053,000. To break that down further, the land itself was valued at $919,000. While improvements to the property were assessed at a total of $134,000. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1929
  • Effective Year Built: 1929
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: C
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 800
  • Garage Type: Attached
  • Garage Square Area: 200
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 7,750
  • Total Building Area: 2,600
  • Gross Building Area: 2,600
  • Building Area: 1,600
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,600
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: KRAUCHS DIV OF GREEN LAKE ADD
  • Land Acres: 0.178
  • Standard Land Use Code: Single family residential
  • Legal Description 1: KRAUCHS DIV OF GREEN LAKE ADD 18-19 & N 2.5 FT OF 20

Ownership

  • Current Owner : PETERMAN DAVID M
  • Current Owner 2: PETERMAN CAROL E
  • Previous Owner : MORTENSON DALE R
  • Previous Owner 2: MORTENSON JAMEE C
  • Owner Before Previous Owner: SHERMAN TODD D
  • Owner Before Previous Owner 2: SHERMAN COLLEEN D
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Seattle School District
  • Census Tract: 002700

Zoning

  • Zoning: NR3

Geography

  • Account Number: 393190012004
  • District: SEATTLE
  • Parcel: 393190-0120
  • Block: A
  • Lot: 18
  • Meridian: SEC 05 TWN 25 RNG 04
  • Municipality: SEATTLE
  • Latitude: 47.6834
  • Longitude: -122.327

    Address

  • Full Address: 7507 2nd Ave Ne
  • Address - House Number: 7507
  • Street Segment Direction: NE
  • Address - Street Name: 2nd
  • Address - Suffix Type: Ave
  • State: WA
  • City Name: Seattle
  • Carrier Code: C004
  • 4-Digit Zip Code: 4007
  • Zip Code: 98115

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $10,450
  • Tax Rate Code Area: 0010

    Appraisal Valuation

  • Standard Deviation: 0.1603
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 80
  • Final Value: 1,300,003
  • High Value: 1,508,412
  • Low Value: 1,091,594

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $459,250
  • First Open Lien Mortgage Lender: MELLON MTG COMPANY
  • First Open Lien Mortgage Recording Date: May 24, 1995
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $299,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2025
  • Second Open Lien Mortgage Lender: BOEING EMPLOYEES CU
  • Second Open Lien Mortgage Recording Date: Jul 31, 2020
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $160,000
  • Second Open Lien Mortgage Term: 299
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Jul 09, 2045

    Market Valuation

  • Market Total Value: $1,053,000
  • Market Land Value: $919,000
  • Market Improvement Value: $134,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,053,000
  • Assessed Land Value: $919,000
  • Assessed Improvements Value: $134,000

    Sales

  • Current Sale Contract Date: May 11, 1995
  • Current Sale Recording Date: May 24, 1995
  • Current Sale Transaction ID: 1036588278
  • Current Sale Price: $315,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 9505240885
  • Previous Sale Recording Date: May 13, 1994
  • Previous Sale Contract Date: May 13, 1994
  • Previous Sale Amount: $290,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MELLON MTG COMPANY
  • First Mortgage Transaction Date: May 24, 1995
  • First Mortgage Loan Amount: $299,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Jun 01, 2025

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: ITT FEDERAL BANK FSB
  • Previous Mortgage Transaction Date: May 13, 1994
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $261,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Jun 01, 2024

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Frequently Asked Questions

What neighborhood is 7507 2nd Avenue Northeast located in?
The 7507 2nd Avenue Northeast is a located in the neighborhood of Green Lake in Northwest Seattle, Seattle.
What is the average sales price for listings in 7507 2nd Avenue Northeast?
The average sales price for units in 7507 2nd Avenue Northeast is $0 currently.

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