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7731 12th Avenue Northwest

7731 12th Avenue Northwest, Seattle, WA 98117
Property in Whittier Heights
Sold Oct 14, 2021
$1,325,000
$1,060,000 by Bay Equity Llc
Mortgage Due Nov 10, 2051
Sold Oct 21, 1997
$100,000
$80,000 by Bank Of America National Tr &
Mortgage Due Nov 01, 2027
7731 12th Avenue Northwest has been categorized by the local assessors in Seattle, WA as a residential type of property. The building on the property was first built in 1916 and is 108 years old. However, we must point out that the home was most recently renovated and altered in 1973. The home has a total of 5 bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 7731 12th Avenue Northwest has 2,600 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a partial basement that is 1,480 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 5,190 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as good. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. In terms of heating, it is utilizing a forced air unit and being fueled with electricity. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. The property was last sold in Oct 4, 2021 for $1,325,000. That's $416.67 per sqft. Prior to that sales transaction, the property was also sold in Oct 7, 1997 for $100,000. 7731 12th Avenue Northwest was last assessed in 2023. The total value of the property was assessed at $1,031,000. Specifically, the land the property is located on was valued at $579,000. While improvements on the property were assessed at a total of $452,000. 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 $10,065. The initial tax year of delinquency was in 2020. 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! 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: 1916
  • Effective Year Built: 1973
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: C
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 1,480
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,190
  • Total Building Area: 3,180
  • Gross Building Area: 3,180
  • Building Area: 2,600
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,600
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LIBERTY HOME ADD
  • Land Acres: 0.119
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LIBERTY HOME ADD

Ownership

  • Current Owner : ELIASEN SIERRA
  • Current Owner 2: ELIASEN DEREK
  • Previous Owner : WONG JASON K
  • Previous Owner 2: CLAVESILLA SHELLI A
  • Owner Before Previous Owner: WONG CYRUS D
  • Owner Before Previous Owner 2: WONG KARIN S
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Seattle School District
  • Census Tract: 003000

Zoning

  • Zoning: NR3

Geography

  • Account Number: 430570006006
  • District: SEATTLE
  • Parcel: 430570-0060
  • Lot: 11
  • Meridian: SEC 01 TWN 25 RNG 03
  • Municipality: SEATTLE
  • Latitude: 47.686
  • Longitude: -122.372

    Address

  • Full Address: 7731 12th Ave Nw
  • Address - House Number: 7731
  • Street Segment Direction: NW
  • Address - Street Name: 12th
  • Address - Suffix Type: Ave
  • State: WA
  • City Name: Seattle
  • Carrier Code: C025
  • 4-Digit Zip Code: 4136
  • Zip Code: 98117

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $10,065
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 0010

    Appraisal Valuation

  • Standard Deviation: 0.1601
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 80
  • Final Value: 1,292,984
  • High Value: 1,500,026
  • Low Value: 1,085,941

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,060,000
  • First Open Lien Mortgage Lender: BAY EQUITY LLC
  • First Open Lien Mortgage Recording Date: Oct 14, 2021
  • First Open Lien Mortgage Loan Amount: $1,060,000
  • 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: Nov 10, 2051

    Market Valuation

  • Market Total Value: $1,031,000
  • Market Land Value: $579,000
  • Market Improvement Value: $452,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,031,000
  • Assessed Land Value: $579,000
  • Assessed Improvements Value: $452,000

    Sales

  • Current Sale Contract Date: Oct 04, 2021
  • Current Sale Recording Date: Oct 14, 2021
  • Current Sale Transaction ID: 11859870074
  • Current Sale Price: $1,325,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20211014000526
  • Previous Sale Recording Date: Oct 21, 1997
  • Previous Sale Contract Date: Oct 07, 1997
  • Previous Sale Amount: $100,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BAY EQUITY LLC
  • First Mortgage Transaction Date: Oct 14, 2021
  • First Mortgage Loan Amount: $1,060,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 10, 2051

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NATIONAL TR &
  • Previous Mortgage Transaction Date: Oct 21, 1997
  • Previous Mortgage Loan Amount: $80,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Nov 01, 2027

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Frequently Asked Questions

What neighborhood is 7731 12th Avenue Northwest located in?
The 7731 12th Avenue Northwest is a located in the neighborhood of Whittier Heights in Ballard, Seattle.
What is the average sales price for listings in 7731 12th Avenue Northwest?
The average sales price for units in 7731 12th Avenue Northwest is $0 currently.

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