Listed by COMPASS, Bought with Alchemy Real Estate
NOT LISTED FOR SALE

531 Federal Ave E Seattle, WA 98102

Capitol Hill Neighborhood

Estimated Value: $1,054,000 - $1,213,434

4 Beds
2 Baths
2,020 Sq Ft
$550/Sq Ft Est. Value

Last Sold June 13, 2022

Last sale price $1,065,000 $527 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $6,690/month

About This Home

As of June 2022

This home is located at 531 Federal Ave E, Seattle, WA 98102 since 13 June 2022 and is currently estimated at $1,110,109, approximately $549 per square foot. This property was built in 1901. 531 Federal Ave E is a home located in King County with nearby schools including Lowell Elementary School, Meany Middle School, and Garfield High School.

Last Agent to Sell the Property

Allie Howard

COMPASS License #90210 Listed on: 06/13/2022

COMPASS

Last Buyer's Agent

MICHAEL ROLAND

Alchemy Real Estate License #136833

Alchemy Real Estate

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1951508

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,075

Year Built

  • Built in 1901

Lot Details

  • 3,600

Home Design

  • Duplex
  • Composition Roof
  • Wood Composite

Additional Features

  • 3-Story Property
  • 3,600 Sq Ft Lot

Community Details

  • No Home Owners Association
  • Capitol Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6852700456

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,075

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1901
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 0
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Open Parking: No
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Utilities: Sewer Connected

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Parcel Number: 6852700456
  • Lot Size Acres: 0.0826
  • Lot Size Sq Ft: 3600
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2021
  • Tax Annual Amount: 9075

Multi Family

  • Leasable Area: 2020
  • UnitsBelowGrade: true

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2022
Closed on
May 19, 2022
Sold by
Falvy Dean G
Bought by
Landon Resources Llc
Seller's Agent
Allie Howard
COMPASS
Buyer's Agent
MICHAEL ROLAND
Alchemy Real Estate
List Price
$1,065,000
Sold Price
$1,065,000
Current Estimated Value
$1,110,109

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,109
Avg. Annual Appreciation
1.24%
Original Mortgage
$798,750
Outstanding Balance
$758,795
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$351,314

Purchase Details

Closed on
Nov 7, 2000
Sold by
Rizzo Matthew W and Wyckoff Lori J
Bought by
Falvy Dean G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,200
Interest Rate
7.88%

Purchase Details

Closed on
Oct 10, 1996
Sold by
Rizzo Leisei Chen
Bought by
Rizzo Matthew
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Landon Resources Llc $1,065,000 First American Title
Falvy Dean G $444,000 Commonwealth Land Title Ins
Rizzo Matthew -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Landon Resources Llc $798,750
Previous Owner Falvy Dean G $355,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/13/2022 06/13/22 Sold $1,065,000 0.0% $527 / Sq Ft
06/13/2022 06/13/22 For Sale $1,065,000 -- $527 / 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 $10,411 $1,068,000 $1,067,000 $1,000
2023 $9,759 $1,018,000 $1,017,000 $1,000
2022 $9,216 $1,102,000 $640,000 $462,000
2021 $9,075 $989,000 $551,000 $438,000
2020 $9,245 $925,000 $517,000 $408,000
2018 $7,971 $953,000 $531,000 $422,000
2017 $6,343 $795,000 $453,000 $342,000
2016 $5,735 $650,000 $378,000 $272,000
2015 $4,991 $573,000 $351,000 $222,000
2014 -- $509,000 $270,000 $239,000
2013 -- $595,000 $383,000 $212,000
Source: Public Records

Agents Affiliated with this Home

  • Allie Howard

    Seller's Agent in 2022

    Allie Howard

    Avenue Properties

    (206) 450-0115

    12 in this area

    80 Total Sales

    Allie Howard
    Section Image

  • M

    Buyer's Agent in 2022

    MICHAEL ROLAND

    Alchemy Real Estate

    1 in this area

    25 Total Sales

    MICHAEL ROLAND
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1951508

Northwest Multiple Listing Service (NWMLS)

APN: 685270-0456

Washington King County Seattle 98102 Capitol Hill

531 Federal Ave E, Seattle, WA

This home is located at 531 Federal Ave E, Seattle, WA 98102 since 13 June 2022 and is currently estimated at $1,110,109, approximately $549 per square foot. This property was built in 1901. 531 Federal Ave E is a home located in King County with nearby schools including Lowell Elementary School, Meany Middle School, and Garfield 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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