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7550 46th Avenue Southwest

7550 46th Avenue Southwest, Seattle, WA 98136
Property in Fauntleroy
Sold Aug 30, 2019
$675,000
$540,000 by Jpmorgan Chase Bank Na
Mortgage Due Sep 01, 2034
7550 46th Avenue Southwest in Seattle, WA was first built in 1954 and is 70 years old. This has been categorized as a residential property type. It is a single story home. 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. 7550 46th Avenue Southwest has 2,120 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 770 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 5,760 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 580 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 B. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick. As for heating, the home is utilizing a forced air unit and being fueled with gas. 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 7550 46th Avenue Southwest sold most recently in Aug 29, 2019 for a total of $675,000. If you work out the math, that's approximately a cost of $250.00 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $8,127 in taxes each year. 7550 46th Avenue Southwest was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $817,000. If we break it down further, the land itself was valued at $413,000. Improvements to the property, however, were assessed at a total of $404,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: B
  • Exterior Walls Type: Brick
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 770
  • Garage Type: Attached
  • Garage Square Area: 580
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,760
  • Total Building Area: 2,700
  • Gross Building Area: 2,700
  • Building Area: 2,120
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,120
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LINCOLN PARK TERRACE ADD
  • Land Acres: 0.132
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LINCOLN PARK TERRACE ADD PLAT BLOCK: 2 PLAT LOT: 22

Ownership

  • Current Owner : KIM MYUNG SUN
  • Current Owner 2: KIM EUN KYUNG
  • Previous Owner : MAHN ROBERT L
  • Previous Owner 2: MAHN PATRICIA D
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Seattle School District
  • Census Tract: 011602

Zoning

  • Zoning: NR3

Geography

  • Account Number: 432250021008
  • District: SEATTLE
  • Parcel: 432250-0210
  • Block: 2
  • Lot: 22
  • Meridian: SEC 26 TWN 24 RNG 03
  • Municipality: SEATTLE
  • Latitude: 47.5348
  • Longitude: -122.391

    Address

  • Full Address: 7550 46th Ave Sw
  • Address - House Number: 7550
  • Street Segment Direction: SW
  • Address - Street Name: 46th
  • Address - Suffix Type: Ave
  • State: WA
  • City Name: Seattle
  • Carrier Code: C026
  • 4-Digit Zip Code: 2038
  • Zip Code: 98136

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $8,127
  • Tax Rate Code Area: 0010

    Appraisal Valuation

  • Standard Deviation: 0.143
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 83
  • Final Value: 942,735
  • High Value: 1,077,614
  • Low Value: 807,855

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $800,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Aug 30, 2019
  • First Open Lien Mortgage Loan Amount: $540,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2034
  • Second Open Lien Mortgage Lender: BANK OF AMERICA, N.A.
  • Second Open Lien Mortgage Recording Date: Jul 06, 2023
  • Second Open Lien Mortgage Loan Amount: $260,000
  • 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: Jun 27, 2053

    Market Valuation

  • Market Total Value: $817,000
  • Market Land Value: $413,000
  • Market Improvement Value: $404,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $817,000
  • Assessed Land Value: $413,000
  • Assessed Improvements Value: $404,000

    Sales

  • Current Sale Contract Date: Aug 29, 2019
  • Current Sale Recording Date: Aug 30, 2019
  • Current Sale Transaction ID: 11640655278
  • Current Sale Price: $675,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20190830001207

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Aug 30, 2019
  • First Mortgage Loan Amount: $540,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2034

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Frequently Asked Questions

What neighborhood is 7550 46th Avenue Southwest located in?
The 7550 46th Avenue Southwest is a located in the neighborhood of Fauntleroy in West Seattle, Seattle.
What is the average sales price for listings in 7550 46th Avenue Southwest?
The average sales price for units in 7550 46th Avenue Southwest is $0 currently.

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