NOT LISTED FOR SALE

5505 Rainier Ave S Unit D Seattle, WA 98118

Columbia City Neighborhood

Estimated Value: $782,000 - $1,024,265

3 Beds
1 Bath
1,706 Sq Ft
$503/Sq Ft Est. Value

Last Sold March 10, 2021

Last sale price $679,950 $399 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $5,124/month

Highlights

  • Territorial View
  • Modern Architecture
  • Ceramic Tile Flooring
  • Hawthorne Elementary School Rated A-
  • Corner Lot
  • 3-minute walk to Hillman City P-Patch Community Garden

About This Home

As of March 2021

Can’t choose between the appeal of Hillman City and Columbia City? You don’t have to! Sage Homes NW is proud to present this new townhome with 1,700+Sqft that offers close proximity to everything in these popular Seattle neighborhoods. Constructed to 4-Star Built Green standards. Modern architecture, open flowing floor plans that “live” big. Home offers sophisticated designer finishes, a cook's kitchen, spa-inspired bathrooms, and a fantastic entertaining sized roof deck. Expertly crafted and comes with the peace of mind only available in new construction. A must-see home.

Last Agent to Sell the Property

Tom Skepetaris

Realogics Sotheby's Int'l Rlty License #108935 Listed on: 02/03/2021

Realogics Sotheby's Int'l Rlty

Co-Listed By

Rebecca Mitsui

Realogics Sotheby's Int'l Rlty License #25792

Last Buyer's Agent

Sol Villarreal

Windermere Real Estate Co. License #117035

Windermere Real Estate Co.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1722921

Northwest Multiple Listing Service (NWMLS)

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,930

Year Built

  • Built in 2020

Lot Details

  • 1,307

Home Design

  • Modern Architecture
  • Flat Roof Shape
  • Poured Concrete
  • Cement Board or Planked

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Additional Features

  • Territorial Views
  • 1 Bathroom
  • Level Lot

Community Details

  • Hillman City Community
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 3330500450

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,930

Year Built

Built in 2020

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 32 - Townhouse
  • Architecture: Modern
  • New Construction: Completed
  • Homebuilder: Sage Homes Northwest
  • Building Information: Built On Lot
  • Entrance Level: Lower
  • New Construction: Y
  • Year Built: 2020
  • Special Features: NewHome
  • Property Sub Type: Townhouses

Interior Features

  • Features: Bath Off Master, Dbl Pane/Storm Windw, Walk-In Closet
  • Floor Covering: Ceramic Tile, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Garbage Disposal, Microwave, Range/Oven, Refrigerator
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 1.75
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Master Bedroom: Upper
  • Den or Office: Main
  • Dining Room: Lower
  • Extra Finished Room: Lower
  • Kitchen: Lower
  • Living Room: Lower
  • Estimated Sq Ft: 1706
  • Square Footage Finished: 1706

Exterior Features

  • Exterior: Cement Planked
  • Foundation: Poured Concrete
  • Roof: Flat
  • View: Territorial

Utilities

  • Heating And Cooling: Baseboard, Ductless Hp-Mini Split, Tankless Water Heater
  • Power Company: Seattle City Light
  • Sewer: Sewer Connected
  • Sewer Company: Seattle Public Utilities
  • Water Company: Seattle Public Utilities
  • Water Heater: Tankless
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 32
  • Community Name: Hillman City
  • Community Features: CCRs

Schools

  • Elementary School: Hawthorne
  • Middle School: Mercer Mid
  • High School: Franklin High
  • School District: SEA

Lot Info

  • Lot Details: Alley, Corner Lot, Curbs, Paved Street, Sidewalk
  • Lot Sq Ft: 1156
  • Lot Topography Vegetation: Level
  • Parcel Number: 3330500450
  • Zoning Jurisdiction: City
  • Lot Topography: Level

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2021
Closed on
Mar 5, 2021
Sold by
Sage Homes Northwest Llc
Bought by
Spangenthal Lee Jonah
Seller's Agent
Tom Skepetaris
Realogics Sotheby's Int'l Rlty
Buyer's Agent
Sol Villarreal
Windermere Real Estate Co.
List Price
$679,950
Sold Price
$679,950
Current Estimated Value
$857,566

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,616
Avg. Annual Appreciation
4.97%
Original Mortgage
$645,953
Outstanding Balance
$584,290
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$263,750

Purchase Details

Closed on
Apr 18, 2019
Sold by
Hillman City Associates Llc
Bought by
Sage Homes Northwest Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,736,500
Interest Rate
4.4%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 20, 2018
Sold by
Hillman City Associates Llc
Bought by
The City Of Seattle

Purchase Details

Closed on
Oct 20, 2017
Sold by
Hillman City Associates Llc
Bought by
Alchemy Investments Llc

Purchase Details

Closed on
Apr 14, 2010
Sold by
Sikov Pete and Sikov Helen
Bought by
Hillman City Associates Llc

Purchase Details

Closed on
Feb 8, 2007
Sold by
Sandjay Llc
Bought by
Sikov Peter and Sikov Helen J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$603,000
Interest Rate
6.21%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 29, 2006
Sold by
Eastside Funding Llc
Bought by
Sandjay Llc and Reliance Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,067
Interest Rate
6.53%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 26, 2006
Sold by
Dayspring Fitch & Sons Funeral Home Inc
Bought by
Sandjay Llc and Reliance Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,067
Interest Rate
6.53%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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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
Spangenthal Lee Jonah $679,950 Chicago Title Company Of Wa
Sage Homes Northwest Llc $1,650,000 First American Title
The City Of Seattle -- None Available
Alchemy Investments Llc -- Accommodation
Hillman City Associates Llc -- None Available
Sikov Peter $850,000 First American
Sandjay Llc -- None Available
Sandjay Llc $515,833 Pacific Nw Tit
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spangenthal Lee Jonah $645,953
Previous Owner Sage Homes Northwest Llc $4,736,500
Previous Owner Sikov Peter $603,000
Previous Owner Sandjay Llc $266,067
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2021 03/10/21 Sold $679,950 0.0% $399 / Sq Ft
02/28/2021 02/28/21 Pending -- -- --
02/03/2021 02/03/21 For Sale $679,950 -- $399 / 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 $6,930 $726,000 $242,000 $484,000
2023 $6,235 $679,000 $238,000 $441,000
2022 $6,809 $739,000 $226,000 $513,000
2021 $1,889 $746,000 $205,000 $541,000
2020 $1,332 $180,000 $180,000 $0
2018 $2,972 $453,400 $395,500 $57,900
2017 $2,503 $269,400 $213,300 $56,100
2016 $2,556 $231,500 $170,700 $60,800
2015 $2,240 $234,400 $170,700 $63,700
2014 -- $209,300 $142,200 $67,100
2013 -- $211,800 $142,200 $69,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1722921

Northwest Multiple Listing Service (NWMLS)

APN: 333050-0450