NOT LISTED FOR SALE

5050 7th Ave NE Seattle, WA 98105

University District Neighborhood

Estimated Value: $1,099,000 - $1,395,000

8 Beds
2 Baths
2,880 Sq Ft
$440/Sq Ft Est. Value

Last Sold August 12, 2015

Last sale price $690,000 $240 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $7,550/month

17 Days on Market

Highlights

  • 1 Fireplace
  • Detached Garage
  • Ceramic Tile Flooring
  • Hamilton International Middle School Rated A
  • Patio
  • 3-minute walk to University Playground

About This Home

As of August 2015

University area home with 8 bedrooms. Currently used as a rental property/shared house with approximately $3,800/mo. in rents. Upstairs there are 3 bedrooms/1 bath. Main floor has 2 bedrooms/1 bath. Downstairs has 3 bedrooms / 1 bath. Common areas include bathrooms, living room, dining room, nook & 2 kitchens - 1 with range. Alley access with 2 parking spaces and detached garage. Keep as rental property, owner-occupied, or combination?

Last Agent to Sell the Property

Renee Comey

RE/MAX Elite License #26150 Listed on: 06/24/2015

RE/MAX Elite

Co-Listed By

Scott Comey

RE/MAX Elite License #98383

Last Buyer's Agent

Jane Nipius

WPI Real Estate Services, Inc. License #30464

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM809263

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,639

Year Built

  • Built in 1925

Lot Details

  • Level Lot
  • Garden

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 2 Bathrooms
  • 1 Fireplace
  • Finished Basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • Detached Garage
  • Off-Street Parking

Outdoor Features

  • Patio

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • University District Community

Listing and Financial Details

  • Assessor Parcel Number 2826100910

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,639

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 18 - 2 Stories W/Bsmnt
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: 2nd Kitchen, Dbl Pane/Storm Windw, Dining Room
  • Floor Covering: Ceramic Tile, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Garbage Disposal, Microwave, Range/Oven, Refrigerator
  • Bedrooms: 8.00
  • Main Floor Bedrooms: 2
  • Lower Level Bedroom: 3
  • Bathrooms: 2.50
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Main Level Full Bathrooms: 1
  • Three Quarter Bathrooms Lower: 1
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Basement: Fully Finished
  • Dining Room: Main
  • Extra Finished Room: Lower
  • Living Room: Main
  • Kitchen w/ Eating Area: Lower
  • Estimated Sq Ft: 2880
  • Square Footage Finished: 2880

Exterior Features

  • Exterior: Wood, Wood Products
  • Foundation: Poured Concrete
  • Roof: Composition

Garage/Parking

  • Parking Type: Garage-Detached, Off Street
  • Total Covered Parking: 1

Utilities

  • Heating And Cooling: Baseboard, Forced Air
  • Sewer: Sewer Connected
  • Water Heater: Basement-Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: University District

Schools

  • School District: SEA

Lot Info

  • Lot Details: Alley, Curbs, Paved Street, Sidewalk
  • Lot Sq Ft: 4280
  • Lot Topography Vegetation: Garden Space, Level, Sloped
  • Parcel Number: 2826100910
  • Lot Topography: Garden Space, Level, Sloped

Rental Info

  • Monthly Rentif Rented: 3850

Tax Info

  • Tax Amount: 5351

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 5, 2017
Sold by
Lei Charles and Lei Cindy
Bought by
Lei Charles and Lei Cindy
Current Estimated Value
$1,266,348

Purchase Details

Listed on
Jun 24, 2015
Closed on
Oct 6, 2015
Sold by
Lei Charles and Lei Cindy
Bought by
Lei Charles and Lei Cindy
Seller's Agent
Renee Comey
RE/MAX Elite
Buyer's Agent
Jane Nipius
WPI Real Estate Services, Inc.
List Price
$699,950
Sold Price
$690,000
Premium/Discount to List
-$9,950
-1.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.93%
Original Mortgage
$414,000
Outstanding Balance
$329,088
Interest Rate
3.78%
Mortgage Type
New Conventional
Estimated Equity
$905,102

Purchase Details

Listed on
Jun 24, 2015
Closed on
Aug 5, 2015
Sold by
Bui Giau N
Bought by
Lei Charles and Lei Cindy
Seller's Agent
Renee Comey
RE/MAX Elite
Buyer's Agent
Jane Nipius
WPI Real Estate Services, Inc.
List Price
$699,950
Sold Price
$690,000
Premium/Discount to List
-$9,950
-1.42%

Purchase Details

Closed on
Feb 22, 2005
Sold by
Ling Man T and Cheung Kok Lan
Bought by
Bui Giau N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,456
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 11, 2004
Sold by
Haugland Paul E and Haugland Anya K
Bought by
Ling Man T and Cheung Kok Lan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
7.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 9, 1987
Sold by
Porter Elton
Bought by
Haugland Paul E and Haugland Anya K
Source: Public Records

Range of Values:

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Average Value
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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
Lei Charles -- None Available
Lei Charles -- First American
Lei Charles $690,000 Chicago Title
Bui Giau N $525,570 Stewart Title
Ling Man T $365,000 First American
Haugland Paul E $74,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lei Charles $414,000
Previous Owner Bui Giau N $132,000
Previous Owner Bui Giau N $420,456
Previous Owner Bui Giau N $105,114
Previous Owner Ling Man $50,000
Previous Owner Ling Man T $292,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2015 08/12/15 Sold $690,000 -1.4% $240 / Sq Ft
07/12/2015 07/12/15 Pending -- -- --
06/24/2015 06/24/15 For Sale $699,950 -- $243 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

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 $9,639 $984,000 $684,000 $300,000
2023 $8,673 $898,000 $646,000 $252,000
2022 $8,783 $1,053,000 $610,000 $443,000
2021 $8,330 $940,000 $539,000 $401,000
2020 $8,055 $845,000 $465,000 $380,000
2018 $7,760 $843,000 $394,000 $449,000
2017 $6,731 $773,000 $367,000 $406,000
2016 $6,294 $692,000 $328,000 $364,000
2015 $5,622 $632,000 $297,000 $335,000
2014 -- $577,000 $242,000 $335,000
2013 -- $492,000 $207,000 $285,000
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2015

    Renee Comey

    Realty World Performance

    Section Image

  • S

    Seller Co-Listing Agent in 2015

    Scott Comey

    Realty World Performance

    Section Image
  • Jane Nipius

    Buyer's Agent in 2015

    Jane Nipius

    WPI Real Estate Services, Inc.

    (206) 930-1146

    4 in this area

    37 Total Sales

    Jane Nipius
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM809263

Northwest Multiple Listing Service (NWMLS)

APN: 286210-0910

Washington King County Seattle 98105 University District

5050 7th Ave NE, Seattle, WA

This home is located at 5050 7th Ave NE, Seattle, WA 98105 since 24 June 2015 and is currently estimated at $1,266,348, approximately $439 per square foot. This property was built in 1925. 5050 7th Ave NE is a home located in King County with nearby schools including Green Lake Elementary School, Hamilton International Middle School, and Lincoln High School.

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.

Northwest Multiple Listing Service (NWMLS) 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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