Taxes
- Assessed Value: $636,000
- Assessed Year: 2025
- Assessed County: King
- APN: 334840-0744
- Assessed Land Value: 246000
- Market Land Value: 246000
- Tax Amount: 7459.67
- Tax Year: 2026
- Market Value: 636000
- Market Year: 2025
5118 S Wallace St; Seattle, WA Property Details
Off market
5118 S Wallace St Seattle, WA 98178
$636,000 Estimated Value
3 Beds
2 Baths
1,880 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1993
- Purchase Price: $173,000
- Open Loans / Balance: 1 / $65,416
- Est. Equity / %: $634,584 / 90.65%
- Gross Yield: 4.452%
- APN: 334840-0744
- Situs County: King
- Length Of Ownership: 28 years, 1 months
Rooms
- Bedrooms: 3
- Bathrooms: 2
- Full Bathrooms: 2
Structure
- Stories: 1
- Building Condition: Average
- Building Quality: C
- Sewer Type: Municipal
- Water Source: Municipal
- Deck: true
Measurements
- Total: 1,880/SqFt
- Lot: 11,714/SqFt
- Gross: 2,390/SqFt
- Garage: 510/SqFt
- Living: 1,880/SqFt
- Basement: 610/SqFt
- Building: 2,390/SqFt
- Ground: 1,270/SqFt
- Basement Finished: 610/SqFt
- Price Per Square Foot: $92.02
Legal Description
- Description: HILLMANS MEADOW GARDENS DIV #2 LOT G 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: 47.49853 / -122.26958
- 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
- Fireplaces: 1
- 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
5118 S Wallace St has no associated ownership info
5118 S Wallace St has no associated ownership info.
Taxes
5118 S Wallace St has 10 associated Taxes items
5118 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 $636,000. The APN we've located for 5118 S Wallace St is 334840-0744.
Unlock the full reportTax History
5118 S Wallace St has 14 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2026 | Assessed Value | Land Value | Improvement Value | Tax Amount $7,459.67 | Change Rate | Assessed CR | Tax Rate |
| Year 2025 | Assessed Value $636,000 | Land Value $246,000 | Improvement Value $390,000 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $567,000 | Land Value $206,000 | Improvement Value $361,000 | Tax Amount $5,642.79 | Change Rate +0.007436% | Assessed CR | Tax Rate +0.009952% |
| Year 2023 | Assessed Value $531,000 | Land Value $176,000 | Improvement Value $355,000 | Tax Amount $5,601.14 | Change Rate +0.110711% | Assessed CR | Tax Rate +0.010548% |
| Year 2022 | Assessed Value $593,000 | Land Value $176,000 | Improvement Value $417,000 | Tax Amount $5,042.84 | Change Rate +0.048244% | Assessed CR | Tax Rate +0.008504% |
| Year 2021 | Assessed Value $487,000 | Land Value $147,000 | Improvement Value $340,000 | Tax Amount $4,810.75 | Change Rate +0.025674% | Assessed CR | Tax Rate +0.009878% |
| Year 2020 | Assessed Value $442,000 | Land Value $134,000 | Improvement Value $308,000 | Tax Amount $4,690.33 | Change Rate +0.147644% | Assessed CR | Tax Rate +0.010612% |
| Year 2019 | Assessed Value | Land Value | Improvement Value | Tax Amount $4,086.92 | Change Rate +0.072319% | Assessed CR | Tax Rate |
| Year 2018 | Assessed Value $421,000 | Land Value $130,000 | Improvement Value $291,000 | Tax Amount $3,811.29 | Change Rate | Assessed CR | Tax Rate +0.009053% |
| Year 2017 | Assessed Value $340,000 | Land Value $105,000 | Improvement Value $235,000 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2016 | Assessed Value $293,000 | Land Value $93,000 | Improvement Value $200,000 | Tax Amount $2,927.71 | Change Rate +0.17894% | Assessed CR | Tax Rate +0.009992% |
| Year 2015 | Assessed Value $260,000 | Land Value $83,000 | Improvement Value $177,000 | Tax Amount $2,483.34 | Change Rate | Assessed CR | Tax Rate +0.009551% |
| Year 2014 | Assessed Value $223,000 | Land Value $72,000 | Improvement Value $151,000 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2013 | Assessed Value $176,000 | Land Value $63,000 | Improvement Value $113,000 | Tax Amount | Change Rate | Assessed CR | Tax Rate |