NOT LISTED FOR SALE

Estimated Value: $932,000 - $1,055,908

6 Beds
1 Bath
2,900 Sq Ft
$342/Sq Ft Est. Value

About This Home

?? Premium Wallingford 6BR – Perfect for 2–4 People, Couples, or Families | 2900 Sqft | $5,999

Live comfortably in one of Seattle’s most walkable and connected neighborhoods — this 2900 sqft 6BR/3BA home is ideal for anyone wanting space, privacy, and a fast commute to SLU, Bellevue, or Kirkland.

?? 4551 4th Ave NE, Seattle
6 Bedrooms | 3 Bathrooms | 2 Full Kitchens | Private Backyard | 2 Parking Spots

?? Ideal For:

2–4 professionals wanting space to live + work from home
Couples looking for multiple offices, guest rooms, or creative space
Families who need room to grow in a central, quiet neighborhood

Each person (or couple) can enjoy:
??? A bedroom
?? A dedicated office or flex space
?? Their own full bathroom

?? Home Layout:
Upstairs: 4BR / 2BA with open kitchen, living, and dining
Downstairs: 2BR / 1BA with 2nd full kitchen + media/office room. Full private entrance
Great for hybrid work, co-living, or live-work setups
Private backyard, 2 off-street parking spots, and storage

?? Prime Location:
?? 5 to SLU, Gogle, Meta, Microsoft offices, and 15-20 mins to bellevue, Kirkland Eastside campuses
Direct access to I-5 and 520 – skip the worst traffic
Steps from Gas Works Park, Lake Union, Green Lake, and Burke-Gilman Trail
Walkable to shops, groceries, and cafes (Walk Score: 83, Bike Score: 84)

?? Exceptional Value:
$5,999/month (unfurnished, 12-month lease)
That’s about $2,000 per person for large suites + shared space
Save thousands vs renting 3–4 separate apartments with not much of yard or parking

?? Group tours available this week
Text/call to schedule
Video tour available. Will share the link

Looking for 2.5x-3x rent to income ratio
No past evictions and positive previous owner references
Income salary statements
Application fee 47$

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 23, 2022
Sold by
Kiranmai Kunta
Bought by
Cheruku Nithin Reddy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$828,000
Outstanding Balance
$768,861
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$224,366

Purchase Details

Closed on
Feb 22, 2022
Sold by
Lawrence Jr And Susan Stults Living Trus
Bought by
Cheruku Nithin Reddy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$828,000
Outstanding Balance
$768,861
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$224,366

Purchase Details

Closed on
Jan 17, 2003
Sold by
Stults Lawrence O
Bought by
Stults Lawrence and Stults Susan

Purchase Details

Closed on
Mar 1, 1997
Sold by
Erwin Mark Clifford and Stults Mark R
Bought by
Stults Lawrence O

Purchase Details

Closed on
Oct 14, 1993
Sold by
Hansen Krystal D
Bought by
Hansen Mark R

Purchase Details

Closed on
May 24, 1988
Sold by
Stults Mariann I
Bought by
Stults Mark R
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cheruku Nithin Reddy $313 Old Republic Title
Cheruku Nithin Reddy $920,000 Old Republic Title
Stults Lawrence -- --
Stults Lawrence O $165,000 --
Erwin Mark Clifford -- --
Hansen Mark R -- Evergreen Title Company Inc
Stults Mark R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cheruku Nithin Reddy $828,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/20/2025 08/20/25 Price Changed $5,999 -4.0% $2 / Sq Ft
08/16/2025 08/16/25 Price Changed $6,250 -3.8% $2 / Sq Ft
08/04/2025 08/04/25 Price Changed $6,499 +30.0% $2 / Sq Ft
07/29/2025 07/29/25 Price Changed $4,999 -23.1% $2 / Sq Ft
07/28/2025 07/28/25 Price Changed $6,500 +25.0% $2 / Sq Ft
07/20/2025 07/20/25 For Rent $5,200 -- --

Tax History Compared to Growth

Source: Public Records

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 $8,784 $891,000 $584,000 $307,000
2023 $8,257 $854,000 $573,000 $281,000
2022 $7,741 $954,000 $521,000 $433,000
2021 $7,371 $822,000 $459,000 $363,000
2020 $7,390 $742,000 $350,000 $392,000
2018 $6,881 $777,000 $368,000 $409,000
2017 $6,056 $681,000 $323,000 $358,000
2016 $5,630 $619,000 $294,000 $325,000
2015 $4,797 $562,000 $268,000 $294,000
2014 -- $488,000 $241,000 $247,000
2013 -- $429,000 $212,000 $217,000
Source: Public Records

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