NOT LISTED FOR SALE

5360 S Wallace St Seattle, WA 98178

West Hill Neighborhood

Estimated Value: $447,000 - $602,781

3 Beds
1 Bath
1,300 Sq Ft
$423/Sq Ft Est. Value

About This Home

Attention Investors, Builders & Developers! Don’t miss this rare opportunity in Upper Rainier Beach. This cosmetic fixer on a large, level lot includes 3 bedrooms, 1 bathroom, an open-concept layout, a bonus room, and 850 sq. ft. of unfinished basement space with tons of potential. Great location with easy access to downtown Seattle and I-5. Ideal for renovation and resale, or tear down and build up to three new units (buyer to verify).The sale only includes the house only!!! The Garage is where the Dadu Lot is sold separately Property sold as-is.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 20, 2024
Sold by
Juma Gulamabbas and Khan Malik Muhammad
Bought by
Grey Ocean Properties Llc
Current Estimated Value
$549,695

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,417
Interest Rate
6.82%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 10, 2024
Sold by
North Star Trustee Llc
Bought by
Eastside Funding Llc and Juma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,417
Interest Rate
6.82%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 3, 2024
Sold by
Eastside Funding Llc
Bought by
Juma Gulamabbas and Khan Malik Muhammad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,417
Interest Rate
6.82%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 3, 2022
Sold by
Cabiao Leonard F and Cabiao Luzviminda
Bought by
Colburn Billie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,950
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 7, 2018
Sold by
Cabiao Leonard F and Cabiao Luzviminda A
Bought by
Cabiao Leonard F and Cabiao Luzviminda A

Purchase Details

Closed on
Nov 19, 2002
Sold by
Robinson Homes Inc
Bought by
Cabiao Leonard F and Cabiao Luzviminda A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,000
Interest Rate
6.12%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 14, 2002
Sold by
Faccone Edward R
Bought by
Robinson Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
6.94%

Purchase Details

Closed on
Dec 8, 1997
Sold by
Christensen Ane K and Christensen Robert W
Bought by
Christensen Ane K
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Grey Ocean Properties Llc $313 None Listed On Document
Eastside Funding Llc $313 None Listed On Document
Juma Gulamabbas -- None Listed On Document
Colburn Billie $367,500 Wfg National Title Company Of
Cabiao Leonard F -- None Available
Cabiao Leonard F $147,500 Old Republic T
Robinson Homes Inc $293,250 Lawyers Title Agency
Christensen Ane K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Eastside Funding Llc $375,417
Previous Owner Juma Gulamabbas $148,875
Previous Owner Colburn Billie $375,950
Previous Owner Colburn Billie $375,950
Previous Owner Cabiao Leonard F $3,400,000
Previous Owner Cabiao Leonard F $118,000
Previous Owner Robinson Homes Inc $290,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2025 07/28/25 Pending -- -- --
07/01/2025 07/01/25 For Sale $120,000 -70.0% --
07/01/2025 07/01/25 For Sale $399,888 -- $186 / Sq Ft

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 $6,264 $521,000 $235,000 $286,000
2023 $5,696 $488,000 $200,000 $288,000
2022 $5,156 $545,000 $200,000 $345,000
2021 $4,909 $448,000 $167,000 $281,000
2020 $4,771 $407,000 $152,000 $255,000
2018 $4,083 $411,000 $161,000 $250,000
2017 $3,471 $332,000 $130,000 $202,000
2016 $3,163 $286,000 $115,000 $171,000
2015 $2,699 $254,000 $102,000 $152,000
2014 -- $218,000 $88,000 $130,000
2013 -- $172,000 $77,000 $95,000
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2025

    Rick Juma

    Aqua

See All Agents

Map

Washington King County Seattle 98178 West Hill

5360 S Wallace St, Seattle, WA

This home is located at 5360 S Wallace St, Seattle, WA 98178 and is currently estimated at $549,695, approximately $422 per square foot. 5360 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.

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.

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