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2505 20th Avenue East

2505 20th Avenue East, Seattle, WA 98112
Property in Montlake
Sold Apr 14, 2021
$1,415,000
$1,132,000 by Academy Mortgage Corp
Mortgage Due May 01, 2051
Sold Jul 24, 2003
$517,000
$413,600 by Eagle Home Mortgage Inc
Mortgage Due Aug 01, 2033
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2505 20th Avenue East 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 1929 and is 95 years old. The home has a total of 3 bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 2505 20th Avenue East has 2,470 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 finished improved basement that is 770 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 3,200 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. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 200 sqft. According to our sources, there is one available parking space. 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 B by the local assessor. The exterior walls of the building are made of brick. In terms of heating, it is utilizing a radiant heating system and being fueled with electricity. There is a single fireplace in the home. Perfect for those wintery nights. 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, 2505 20th Avenue East sold most recently in Apr 7, 2021 for a total of $1,415,000. If you work out the math, that's approximately a cost of $529.96 per sqft. Before that, the property was also sold for $517,000 in Jul 18, 2003. 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 $11,814 in taxes each year. 2505 20th Avenue East was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,245,000. If we break it down further, the land itself was valued at $724,000. Improvements to the property, however, were assessed at a total of $521,000. 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: 1929
  • Effective Year Built: 1929
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: B
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 770
  • Garage Type: Attached
  • Garage Square Area: 200
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 3,200
  • Total Building Area: 2,670
  • Gross Building Area: 2,670
  • Building Area: 2,470
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Radiant
  • Heated Square Feet: 2,470
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: UNION CITY ADD
  • Land Acres: 0.074
  • Standard Land Use Code: Single family residential
  • Legal Description 1: UNION CITY ADD N 40 FT OF S 80 FT OF E 20 FT OF 11 & N 40 FT OF S 80 FT OF 12

Ownership

  • Current Owner : SILVERSTEIN ROBERT
  • Current Owner 2: TERRILL ALBERTA
  • Previous Owner : HANSEN GEIR B
  • Previous Owner 2: HANSEN AMY E
  • Owner Before Previous Owner: PELROY GRETCHEN A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Seattle School District
  • Census Tract: 006200

Zoning

  • Zoning: NR3

Geography

  • Account Number: 880590059502
  • District: SEATTLE
  • Parcel: 880590-0595
  • Block: 11
  • Lot: 11-12
  • Meridian: SEC 21 TWN 25 RNG 04
  • Municipality: SEATTLE
  • Latitude: 47.642
  • Longitude: -122.306

    Address

  • Full Address: 2505 20th Ave E
  • Address - House Number: 2505
  • Street Segment Direction: E
  • Address - Street Name: 20th
  • Address - Suffix Type: Ave
  • State: WA
  • City Name: Seattle
  • Carrier Code: C096
  • 4-Digit Zip Code: 2205
  • Zip Code: 98112

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $11,814
  • Tax Rate Code Area: 0013

    Appraisal Valuation

  • Standard Deviation: 0.1619
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 79
  • Final Value: 1,594,380
  • High Value: 1,852,549
  • Low Value: 1,336,211

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,132,000
  • First Open Lien Mortgage Lender: ACADEMY MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Apr 14, 2021
  • First Open Lien Mortgage Loan Amount: $1,132,000
  • 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: May 01, 2051

    Market Valuation

  • Market Total Value: $1,245,000
  • Market Land Value: $724,000
  • Market Improvement Value: $521,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,245,000
  • Assessed Land Value: $724,000
  • Assessed Improvements Value: $521,000

    Sales

  • Current Sale Contract Date: Apr 07, 2021
  • Current Sale Recording Date: Apr 14, 2021
  • Current Sale Transaction ID: 11830688423
  • Current Sale Price: $1,415,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20210414001038
  • Previous Sale Recording Date: Jul 24, 2003
  • Previous Sale Contract Date: Jul 18, 2003
  • Previous Sale Amount: $517,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ACADEMY MORTGAGE CORP
  • First Mortgage Transaction Date: Apr 14, 2021
  • First Mortgage Loan Amount: $1,132,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: EAGLE HOME MORTGAGE INC
  • Previous Mortgage Transaction Date: Jul 24, 2003
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $413,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Aug 01, 2033

About Capitol Hill



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 2505 20th Avenue East located in?
The 2505 20th Avenue East is a located in the neighborhood of Montlake in Capitol Hill, Seattle.
What is the average sales price for listings in 2505 20th Avenue East?
The average sales price for units in 2505 20th Avenue East is $0 currently.

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