J
Seller's Agent in 2025
John Jochim
South Lake Associates Inc.
(206) 225-6786
1 in this area
18 Total Sales
Listed by South Lake Associates Inc., Bought with Every Door Real Estate
1556 Magnolia Way W Seattle, WA 98199
Southeast Magnolia Neighborhood
3
Beds
4
Baths
3,070
Sq Ft
0.32
Acres
Highlights
- Views of a Sound
- 0.32 Acre Lot
- Wooded Lot
- Mcclure Middle School Rated A-
- Property is near public transit
- 1-minute walk to Thorndyke Park
About This Home
As of February 2025One of a kind location on Magnolia Way W. overlooking the Bay and Downtown Seattle! First time to market, and only 1 owner for the last 55 years. Spacious home boasts a fantastic setting loaded with personality and charm, this represents a unique opportunity for anyone looking to be on one of the most coveted streets in Magnolia. Entering via a covered porch, the main floor boasts a large sunken living room with exposed wood beams, fireplace and views of downtown city scape. Intimate dining room, kitchen & great room with 2nd fireplace. Upstairs has primary with bath and 2 bedrooms along with well-appointed bathroom. Basement has laundry, bonus rooms, utility and more. Turnkey home with great remodel potential/investment.
Last Agent to Sell the Property
South Lake Associates Inc. License #21112 Listed on: 10/17/2024
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2302613
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $18,208
Year Built
- Built in 1934
Lot Details
- 0.32 Acre Lot
- Southwest Facing Home
- Partially Fenced Property
- Level Lot
- Irrigation
- Wooded Lot
- Garden
- Property is in good condition
Parking
- Driveway
Property Views
- Views of a Sound
- Bay
- City
- Mountain
- Territorial
Home Design
- Tudor Architecture
- Brick Exterior Construction
- Poured Concrete
- Composition Roof
- Wood Siding
Interior Spaces
- 3,070 Sq Ft Home
- 2-Story Property
- 2 Fireplaces
- Wood Burning Fireplace
- Dining Room
- Partially Finished Basement
- Natural lighting in basement
Kitchen
- Stove
- Dishwasher
- Disposal
Flooring
- Wood
- Wall to Wall Carpet
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- Bathroom on Main Level
Laundry
- Dryer
- Washer
Outdoor Features
- Outbuilding
Location
- Property is near public transit
- Property is near a bus stop
Utilities
- Forced Air Heating System
- Water Heater
- Cable TV Available
Community Details
- No Home Owners Association
- Magnolia Subdivision
Listing and Financial Details
- Assessor Parcel Number 2325039028
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 17, 2024
Closed on
Feb 19, 2025
Sold by
Walters Francis
Bought by
Walters Christina
Seller's Agent
John Jochim
South Lake Associates Inc.
Buyer's Agent
Richard Mallory
Every Door Real Estate
List Price
$1,800,000
Sold Price
$1,720,000
Premium/Discount to List
-$80,000
-4.44%
Views
136
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,867
Avg. Annual Appreciation
14.48%
Original Mortgage
$1,376,000
Outstanding Balance
$1,367,855
Interest Rate
6.93%
Mortgage Type
New Conventional
Estimated Equity
$500,012
Purchase Details
Listed on
Oct 17, 2024
Closed on
Feb 10, 2025
Sold by
Engquist Susan M and Buckholtz Shelley Movae
Bought by
Walters Christina
Seller's Agent
John Jochim
South Lake Associates Inc.
Buyer's Agent
Richard Mallory
Every Door Real Estate
List Price
$1,800,000
Sold Price
$1,720,000
Premium/Discount to List
-$80,000
-4.44%
Views
136
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,376,000
Outstanding Balance
$1,367,855
Interest Rate
6.93%
Mortgage Type
New Conventional
Estimated Equity
$500,012
Purchase Details
Closed on
Apr 25, 2002
Sold by
Engquist Susan M
Bought by
Engquist Susan M
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $313 | Chicago Title | |
| Warranty Deed | $1,720,000 | Chicago Title | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,376,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/21/2025 02/21/25 | Sold | $1,720,000 | -4.4% | $560 / Sq Ft |
| 01/05/2025 01/05/25 | Pending | -- | -- | -- |
| 12/05/2024 12/05/24 | For Sale | $1,800,000 | 0.0% | $586 / Sq Ft |
| 11/25/2024 11/25/24 | Pending | -- | -- | -- |
| 11/20/2024 11/20/24 | Price Changed | $1,800,000 | -7.7% | $586 / Sq Ft |
| 10/17/2024 10/17/24 | For Sale | $1,950,000 | -- | $635 / Sq Ft |
Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $18,772 | $1,941,000 | $1,940,000 | $1,000 |
| 2023 | $18,208 | $1,902,000 | $1,901,000 | $1,000 |
| 2022 | $14,159 | $1,794,000 | $1,784,000 | $10,000 |
| 2021 | $13,635 | $1,504,000 | $1,494,000 | $10,000 |
| 2020 | $14,149 | $1,376,000 | $1,366,000 | $10,000 |
| 2018 | $13,639 | $1,394,000 | $1,372,000 | $22,000 |
| 2017 | $12,032 | $1,357,000 | $1,082,000 | $275,000 |
| 2016 | $11,122 | $1,236,000 | $986,000 | $250,000 |
| 2015 | $9,357 | $1,115,000 | $896,000 | $219,000 |
| 2014 | -- | $956,000 | $766,000 | $190,000 |
| 2013 | -- | $918,000 | $738,000 | $180,000 |
Source: Public Records
Agents Affiliated with this Home
-
John Jochim
-
Phil Pajaczek
P
Seller Co-Listing Agent in 2025
Phil Pajaczek
South Lake Associates Inc.
(206) 452-2001
1 in this area
11 Total Sales
-
Richard Mallory
R
Buyer's Agent in 2025
Richard Mallory
Every Door Real Estate
(206) 478-5001
1 in this area
38 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2302613
APN: 232503-9028
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID
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