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7922 50th Avenue South

7922 50th Avenue South, Seattle, WA 98118
Property in Dunlap
Sold Feb 04, 2022
$605,000
$574,750 by Priority Home Lending Llc
Mortgage Due Mar 01, 2052
Sold Oct 14, 2016
$357,000
7922 50th Avenue South in Seattle, WA was first built in 1913 and is 111 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. 7922 50th Avenue South has 2,170 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 650 sqft and has been categorized as a full basement with daylight. In total, the area measurement of the land is 2,880 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. 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. 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 average. As for heating, the home is utilizing a forced air unit and being fueled with electricity. The property was last sold in Dec 23, 2021 for $605,000. That's $278.80 per sqft. Prior to that sales transaction, the property was also sold in Oct 12, 2016 for $357,000. 7922 50th Avenue South was last assessed in 2023. The total value of the property was assessed at $518,000. Specifically, the land the property is located on was valued at $237,000. While improvements on the property were assessed at a total of $281,000. 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 $5,088. 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. 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: 1913
  • Effective Year Built: 1913
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement with daylight
  • Basement Area: 650
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,880
  • Total Building Area: 2,170
  • Gross Building Area: 2,170
  • Building Area: 2,170
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,170
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: FRUITVALE ADD
  • Land Acres: 0.066
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FRUITVALE ADD PLAT BLOCK: 1 PLAT LOT: 18

Ownership

  • Current Owner : MILLER DRUE A
  • Current Owner 2: BASS JOSHUA M
  • Previous Owner : LOCKETT NANCY S
  • Previous Owner 2: LOCKETT ALASTAIR S
  • Owner Before Previous Owner: DUKE PARTNERS LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Seattle School District
  • Census Tract: 011801

Zoning

  • Zoning: NR3

Geography

  • Account Number: 265800009002
  • District: SEATTLE
  • Parcel: 265800-0090
  • Block: 1
  • Lot: 18
  • Meridian: SEC 34 TWN 24 RNG 04
  • Municipality: SEATTLE
  • Latitude: 47.5309
  • Longitude: -122.271

    Address

  • Full Address: 7922 50th Ave S
  • Address - House Number: 7922
  • Street Segment Direction: S
  • Address - Street Name: 50th
  • Address - Suffix Type: Ave
  • State: WA
  • City Name: Seattle
  • Carrier Code: C071
  • 4-Digit Zip Code: 4414
  • Zip Code: 98118

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $5,088
  • Tax Rate Code Area: 0010

    Appraisal Valuation

  • Standard Deviation: 0.1447
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 82
  • Final Value: 615,549
  • High Value: 704,656
  • Low Value: 526,443

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $574,750
  • First Open Lien Mortgage Lender: PRIORITY HOME LENDING LLC
  • First Open Lien Mortgage Recording Date: Feb 04, 2022
  • First Open Lien Mortgage Loan Amount: $574,750
  • 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, 2052

    Market Valuation

  • Market Total Value: $518,000
  • Market Land Value: $237,000
  • Market Improvement Value: $281,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $518,000
  • Assessed Land Value: $237,000
  • Assessed Improvements Value: $281,000

    Sales

  • Current Sale Contract Date: Dec 23, 2021
  • Current Sale Recording Date: Feb 04, 2022
  • Current Sale Transaction ID: 11879275971
  • Current Sale Price: $605,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 972
  • Previous Sale Recording Date: Oct 14, 2016
  • Previous Sale Contract Date: Oct 12, 2016
  • Previous Sale Amount: $357,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PRIORITY HOME LENDING LLC
  • First Mortgage Transaction Date: Feb 04, 2022
  • First Mortgage Loan Amount: $574,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2052

About Rainier Valley



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9634 56th Avenue S, Seattle, WA, 98118 Listing by Jeffi Tibbetts

Frequently Asked Questions

What neighborhood is 7922 50th Avenue South located in?
The 7922 50th Avenue South is a located in the neighborhood of Dunlap in Rainier Valley, Seattle.
What is the average sales price for listings in 7922 50th Avenue South?
The average sales price for units in 7922 50th Avenue South is $0 currently.

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