901 5th Avenue

901 5th Avenue in Seattle, WA was first built in 1973 and is 51 years old. Although, the building on the property was most recently renovated and altered in 2005. This has been categorized as a office property type. For those interested in architecture, the building on the property was built in a custom style. There are a total of 41 floors. In total, the area measurement of the land is 49,755 square feet.

Learn more about the property and building on this page. The building type has been coded as 1. The code stands for buildings that have fireproofed structural steel frames carrying all wall, floor and roof loads. The walls, floors and roof structures are built of non-combustible materials.. 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 garage. The garage is 178,998 sqft. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with steel control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. Walk into the home itself and you'll find that it is currently being cooled with a chilled water air conditioning system. As for heating, the home is utilizing a hot water heating system. 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, 901 5th Avenue sold most recently in Jul 1, 2019 for a total of $304,489,775. If you work out the math, that's approximately a cost of $391.74 per sqft. Before that, the property was also sold for $223,300,000 in Jun 28, 2016. 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 $2,131,340 in taxes each year. 901 5th Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $234,334,000. If we break it down further, the land itself was valued at $79,608,000. Improvements to the property, however, were assessed at a total of $154,726,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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.