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801 Northwest 54th Street

801 Northwest 54th Street, Seattle, WA 98107
Property in West Woodland
Sold Jun 01, 2023
$2,747,600
$1,950,000 by Sound Credit Union
Mortgage
Sold Sep 09, 2004
$1,333,000
$600,000 by Washington Mutual Bank
Mortgage
801 Northwest 54th Street 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 1954 and is 70 years old. However, we must point out that the home was most recently renovated and altered in 1991. The building has a total of 2 stories. The area measurement of the land has been determined as 8,800 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a custom style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a open garage for those who require parking. Moving on to the building itself. The condition of the building has been evaluated as good. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The inside of the home is being cooled with a wall air conditioning unit at the moment. In terms of heating, it is utilizing floor/wall heating system 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. 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, 801 Northwest 54th Street sold most recently in May 31, 2023 for a total of $2,747,600. If you work out the math, that's approximately a cost of $406.93 per sqft. Before that, the property was also sold for $1,333,000 in Sep 9, 2004. 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 $31,737 in taxes each year. 801 Northwest 54th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $3,309,000. If we break it down further, the land itself was valued at $1,892,000. Improvements to the property, however, were assessed at a total of $1,417,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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: 1991
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Good
  • Building Quality: D
  • Construction Type: Masonry
  • Building Style: Custom
  • Floor Count: 2
  • Living Units: 16
  • Business/Commerical Units Count: 1
  • Basement Area: 0
  • Garage Type: Open
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,800
  • Total Building Area: 6,752
  • Gross Building Area: 7,120
  • Building Area: 6,750
  • Building Area Measurement: Adjusted Area

    Heating and Cooling

  • Air Conditioning: Wall air conditioning unit
  • Heating: Floor/wall
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.202
  • Standard Land Use Code: Apartments (generic)
  • County Land Use Code: Pipeline or right-of-way
  • Legal Description 1: BEG AT NXN OF S LN OF W 54TH ST & W LN OF 8TH AVE NW TH W 88 FT TH S 100 FT TH E 88 FT TH N 100 FT TO BEG

Ownership

  • Current Owner : 801NW54ST LLC
  • Previous Owner : GILMAN PARK PARTNERS LLC
  • Owner Before Previous Owner: ERHARDT COMMERCIAL LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Seattle School District
  • Census Tract: 004703

Zoning

  • Zoning: LR2 (M)

Geography

  • Account Number: 122503900203
  • District: SEATTLE
  • Parcel: 122503-9002
  • Block: 2
  • Lot: 122503
  • Meridian: SEC 12 TWN 25 RNG 03
  • Municipality: SEATTLE
  • Latitude: 47.6677
  • Longitude: -122.367

    Address

  • Full Address: 801 Nw 54th St
  • Address - House Number: 801
  • Street Direction: NW
  • Address - Street Name: 54th
  • Address - Suffix Type: St
  • State: WA
  • City Name: Seattle
  • Carrier Code: C012
  • 4-Digit Zip Code: 3602
  • Zip Code: 98107

Valuation

    Tax

  • Total Area: 6,750
  • Tax Year: 2024
  • Tax Amount: $31,737
  • Tax Rate Code Area: 0010

    Appraisal Valuation

  • Standard Deviation: 0.3128
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 37
  • Final Value: 4,144,729
  • High Value: 5,441,396
  • Low Value: 2,848,061

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,950,000
  • First Open Lien Mortgage Lender: SOUND CREDIT UNION
  • First Open Lien Mortgage Recording Date: Jun 01, 2023
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,950,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $3,309,000
  • Market Land Value: $1,892,000
  • Market Improvement Value: $1,417,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,309,000
  • Assessed Land Value: $1,892,000
  • Assessed Improvements Value: $1,417,000

    Sales

  • Current Sale Contract Date: May 31, 2023
  • Current Sale Recording Date: Jun 01, 2023
  • Current Sale Transaction ID: 11907343124
  • Current Sale Price: $2,747,600
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 652
  • Previous Sale Recording Date: Sep 09, 2004
  • Previous Sale Contract Date: Sep 09, 2004
  • Previous Sale Amount: $1,333,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SOUND CREDIT UNION
  • First Mortgage Transaction Date: Jun 01, 2023
  • First Mortgage Loan Amount: $1,950,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: WASHINGTON MUTUAL BANK
  • Previous Mortgage Transaction Date: Sep 09, 2004
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $600,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Ballard



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Frequently Asked Questions

What neighborhood is 801 Northwest 54th Street located in?
The 801 Northwest 54th Street is a located in the neighborhood of West Woodland in Ballard, Seattle.
What is the average sales price for listings in 801 Northwest 54th Street?
The average sales price for units in 801 Northwest 54th Street is $0 currently.

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