5118 S Wallace St Seattle, WA 98178
West Hill NeighborhoodEstimated Value: $612,000 - $730,000
3
Beds
2
Baths
1,270
Sq Ft
$538/Sq Ft
Est. Value
About This Home
This home is located at 5118 S Wallace St, Seattle, WA 98178 and is currently estimated at $683,363, approximately $538 per square foot. 5118 S Wallace St is a home located in King County with nearby schools including Rainier View Elementary School, Aki Kurose Middle School, and Rainier Beach High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 25, 2001
Sold by
Chung Hong
Bought by
Nguyen Van and Leung Kent
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Outstanding Balance
$80,043
Interest Rate
7.14%
Estimated Equity
$621,012
Purchase Details
Closed on
Jul 23, 1998
Sold by
Evergreen Construction Inc
Bought by
Chung Hong and Nguyen Van
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,700
Interest Rate
6.9%
Purchase Details
Closed on
Sep 29, 1992
Sold by
X
Bought by
Evergreen Construction Inc
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 | Buyer | Sale Price | Title Company |
---|---|---|---|
Nguyen Van | -- | First American | |
Chung Hong | $173,000 | Fidelity National Title | |
Evergreen Construction Inc | $82,200 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Nguyen Van | $185,000 | |
Previous Owner | Chung Hong | $155,700 |
Source: Public Records
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 | $6,339 | $567,000 | $206,000 | $361,000 |
2023 | $5,643 | $531,000 | $176,000 | $355,000 |
2022 | $5,043 | $593,000 | $176,000 | $417,000 |
2021 | $4,811 | $487,000 | $147,000 | $340,000 |
2020 | $4,690 | $442,000 | $134,000 | $308,000 |
2018 | $3,811 | $421,000 | $130,000 | $291,000 |
2017 | $3,217 | $340,000 | $105,000 | $235,000 |
2016 | $2,928 | $293,000 | $93,000 | $200,000 |
2015 | $2,483 | $260,000 | $83,000 | $177,000 |
2014 | -- | $223,000 | $72,000 | $151,000 |
2013 | -- | $176,000 | $63,000 | $113,000 |
Source: Public Records
Map
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