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5116 S Wallace St; Seattle, WA Property Details

5116 S Wallace St, Seattle, WA is a Single Family that was built in 1993. This property is currently Financed and is not for sale. Our records show that 5116 S Wallace St has 3 bedrooms, and 2 bathrooms, and a total of 2,370 square feet. The lot size of 5116 S Wallace St is 11,655 square feet.

Off market
5116 S Wallace St Seattle, WA 98178
$666,000 Estimated Value
3 Beds
2 Baths
2,370 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1993
  • Purchase Price: $227,000
  • Open Loans / Balance: 1 / $173,863
  • Est. Equity / %: $641,137 / 78.67%
  • Gross Yield: 3.99%
  • APN: 334840-0745
  • Situs County: King
  • Length Of Ownership: 24 years, 3 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2

Structure

  • Stories: 1
  • Building Condition: Average
  • Building Quality: C
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 2,370/SqFt
  • Lot: 11,655/SqFt
  • Gross: 2,820/SqFt
  • Garage: 450/SqFt
  • Living: 2,370/SqFt
  • Basement: 1,000/SqFt
  • Building: 2,820/SqFt
  • Ground: 1,370/SqFt
  • Basement Finished: 1,000/SqFt
  • Price Per Square Foot: $95.78

Legal Description

  • Description: HILLMANS MEADOW GARDENS DIV #2 LOT H OF CITY OF SEATTLE SHORT PLAT NO 8602399 RECORDING NO 9008230689 SD SHORT PLAT DAF - LOTS 25 THRU 28 OF BLK 11 OF C D HILLMANS MEADOW GARDEN ADD NO 2
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Seattle Public Schools
  • Lat / Lon: 47.497704 / -122.26946
  • Subdivision: Hillmans Cd Meadow Gardens Div No. 02
  • Property Class: Residential
  • Zoning: NR1
  • County Use Code: 002

Amenities

  • Heating Fuel Type: Electric
  • Plus Four: 2866
  • Garage: Attached Garage
  • Heating: Forced air unit
  • Parking: 2

HOA

  • H O A One: $10
  • H O A Amount: $10
  • H O A One Type: Home Owner Association

Ownership Info

5116 S Wallace St has no associated ownership info
5116 S Wallace St has no associated ownership info.

Taxes

5116 S Wallace St has 10 associated Taxes items

5116 S Wallace St, Seattle, WA pays taxes in King County, WA. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $666,000. The APN we've located for 5116 S Wallace St is 334840-0745.

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Taxes
  • Assessed Value:  $666,000
  • Assessed Year:  2025
  • Assessed County:  King
  • APN:  334840-0745
  • Assessed Land Value:  231000
  • Market Land Value:  231000
  • Tax Amount:  8399.1
  • Tax Year:  2026
  • Market Value:  666000
  • Market Year:  2025

Tax History

5116 S Wallace St has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value Land Value Improvement Value Tax Amount $8,399.1 Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value $666,000 Land Value $231,000 Improvement Value $435,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $600,000 Land Value $206,000 Improvement Value $394,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $562,000 Land Value $176,000 Improvement Value $386,000 Tax Amount $6,501.87 Change Rate +0.105717% Assessed CR Tax Rate +0.011569%
Year 2022 Assessed Value $627,000 Land Value $176,000 Improvement Value $451,000 Tax Amount $5,880.23 Change Rate +0.049953% Assessed CR Tax Rate +0.009378%
Year 2021 Assessed Value $515,000 Land Value $147,000 Improvement Value $368,000 Tax Amount $5,600.47 Change Rate +0.029487% Assessed CR Tax Rate +0.010875%
Year 2020 Assessed Value $468,000 Land Value $134,000 Improvement Value $334,000 Tax Amount $5,440.06 Change Rate +0.137519% Assessed CR Tax Rate +0.011624%
Year 2019 Assessed Value Land Value Improvement Value Tax Amount $4,782.39 Change Rate +0.069869% Assessed CR Tax Rate
Year 2018 Assessed Value $448,000 Land Value $130,000 Improvement Value $318,000 Tax Amount $4,470.07 Change Rate Assessed CR Tax Rate +0.009978%
Year 2017 Assessed Value $362,000 Land Value $105,000 Improvement Value $257,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $312,000 Land Value $93,000 Improvement Value $219,000 Tax Amount $3,463.86 Change Rate +0.170429% Assessed CR Tax Rate +0.011102%
Year 2015 Assessed Value $277,000 Land Value $83,000 Improvement Value $194,000 Tax Amount $2,959.48 Change Rate Assessed CR Tax Rate +0.010684%
Year 2014 Assessed Value $238,000 Land Value $72,000 Improvement Value $166,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $188,000 Land Value $63,000 Improvement Value $125,000 Tax Amount Change Rate Assessed CR Tax Rate