Large Location Icon

5318 S Wallace St; Seattle, WA Property Details

5318 S Wallace St, Seattle, WA is a Single Family that was built in 1994. This property is currently Cash Purchase,Foreclosure and is not for sale. Our records show that 5318 S Wallace St has 3 bedrooms, and 2 bathrooms, and a total of 2,800 square feet. The lot size of 5318 S Wallace St is 9,633 square feet.

Off market
5318 S Wallace St Seattle, WA 98178
$314,625 Listing Price
3 Beds
2 Baths
2,800 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1994
  • Purchase Price: $384,452
  • Open Loans / Balance: 1 / $163,313
  • Est. Equity / %: $611,687 / 78.93%
  • Gross Yield: 4.905%
  • APN: 334840-1394
  • Situs County: King
  • Length Of Ownership: 13 years, 5 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: 2,800/SqFt
  • Lot: 9,633/SqFt
  • Gross: 2,800/SqFt
  • Garage: 400/SqFt
  • Living: 2,800/SqFt
  • Basement: 1,180/SqFt
  • Building: 2,800/SqFt
  • Ground: 1,620/SqFt
  • Basement Finished: 1,180/SqFt
  • Price Per Square Foot: $137.30

Legal Description

  • Description: HILLMANS MEADOW GARDENS DIV #2 PARCEL E OF CITY OF SEATTLE SHORT PLAT NO 9201571 RECORDING NO 9307200903 SAID SHORT PLAT DAF - LOTS 123, 124 & 125 OF BLOCK 14 OF C D HILLMANS MEADOW GARDENS ADD TO CITY OF SEATTLE DIV NO 2 PLAT BLOCK: 14 PLAT LOT: 125
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: 47.498207 / -122.26708
  • Subdivision: Hillmans Cd Meadow Gardens Div No. 02
  • Property Class: Residential
  • Zoning: NR1
  • County Use Code: 002

Amenities

  • Heating Fuel Type: Electric
  • Plus Four: 2868
  • Fireplaces: 1
  • Heating: Forced air unit

HOA

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

Ownership Info

5318 S Wallace St has no associated ownership info
5318 S Wallace St has no associated ownership info.

Taxes

5318 S Wallace St has 10 associated Taxes items

5318 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 $727,000. The APN we've located for 5318 S Wallace St is 334840-1394.

Unlock the full report
Taxes
  • Assessed Value:  $727,000
  • Assessed Year:  2025
  • Assessed County:  King
  • APN:  334840-1394
  • Assessed Land Value:  288000
  • Market Land Value:  288000
  • Tax Amount:  8201.06
  • Tax Year:  2026
  • Market Value:  727000
  • Market Year:  2025

Tax History

5318 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 $8,201.06 Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value $727,000 Land Value $288,000 Improvement Value $439,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $654,000 Land Value $231,000 Improvement Value $423,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $612,000 Land Value $197,000 Improvement Value $415,000 Tax Amount $6,408.72 Change Rate +0.110918% Assessed CR Tax Rate +0.010472%
Year 2022 Assessed Value $683,000 Land Value $197,000 Improvement Value $486,000 Tax Amount $5,768.85 Change Rate +0.046147% Assessed CR Tax Rate +0.008446%
Year 2021 Assessed Value $561,000 Land Value $165,000 Improvement Value $396,000 Tax Amount $5,514.38 Change Rate +0.02441% Assessed CR Tax Rate +0.00983%
Year 2020 Assessed Value $509,000 Land Value $150,000 Improvement Value $359,000 Tax Amount $5,382.98 Change Rate +0.14473% Assessed CR Tax Rate +0.010576%
Year 2019 Assessed Value Land Value Improvement Value Tax Amount $4,702.4 Change Rate +0.074967% Assessed CR Tax Rate
Year 2018 Assessed Value $487,000 Land Value $153,000 Improvement Value $334,000 Tax Amount $4,374.46 Change Rate Assessed CR Tax Rate +0.008982%
Year 2017 Assessed Value $393,000 Land Value $124,000 Improvement Value $269,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $338,000 Land Value $110,000 Improvement Value $228,000 Tax Amount $3,349.76 Change Rate +0.179609% Assessed CR Tax Rate +0.009911%
Year 2015 Assessed Value $300,000 Land Value $98,000 Improvement Value $202,000 Tax Amount $2,839.72 Change Rate Assessed CR Tax Rate +0.009466%
Year 2014 Assessed Value $257,000 Land Value $85,000 Improvement Value $172,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $203,000 Land Value $74,000 Improvement Value $129,000 Tax Amount Change Rate Assessed CR Tax Rate