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5505 S Wallace St; Seattle, WA Property Details

5505 S Wallace St, Seattle, WA is a Single Family that was built in 1983. This property is currently Financed and is not for sale. Our records show that 5505 S Wallace St has 3 bedrooms, and 2 bathrooms, and a total of 2,360 square feet. The lot size of 5505 S Wallace St is 12,662 square feet.

Off market
5505 S Wallace St Seattle, WA 98178
$712,000 Estimated Value
3 Beds
2 Baths
2,360 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1983
  • Purchase Price: $220,000
  • Open Loans / Balance: 1 / $118,301
  • Est. Equity / %: $643,699 / 84.47%
  • Gross Yield: 4.562%
  • APN: 334840-1380
  • Situs County: King
  • Length Of Ownership: 14 years

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: 2,360/SqFt
  • Lot: 12,662/SqFt
  • Gross: 3,320/SqFt
  • Garage: 650/SqFt
  • Living: 2,360/SqFt
  • Basement: 1,080/SqFt
  • Building: 3,320/SqFt
  • Ground: 1,590/SqFt
  • Basement Finished: 770/SqFt
  • Basement Unfinished: 310/SqFt
  • Price Per Square Foot: $93.22

Legal Description

  • Description: HILLMANS MEADOW GARDENS DIV # 2 LOT A OF CITY OF SEA SHORT PLAT NO 79-124 REC NO 7908280791 SD PLAT DAF - LOT 113-114 BLK 13 CD HILLMANS MEADOW GARDEN ADD TO CITY OF SEA DIV 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: 47.4971 / -122.264175
  • Subdivision: Hillmans Cd Meadow Gardens Div No. 02
  • Property Class: Residential
  • Zoning: NR1
  • County Use Code: 002

Amenities

  • Heating Fuel Type: Electric
  • Plus Four: 2871
  • 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

5505 S Wallace St has no associated ownership info
5505 S Wallace St has no associated ownership info.

Taxes

5505 S Wallace St has 10 associated Taxes items

5505 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 $712,000. The APN we've located for 5505 S Wallace St is 334840-1380.

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Taxes
  • Assessed Value:  $712,000
  • Assessed Year:  2025
  • Assessed County:  King
  • APN:  334840-1380
  • Assessed Land Value:  319000
  • Market Land Value:  319000
  • Tax Amount:  7974.21
  • Tax Year:  2026
  • Market Value:  712000
  • Market Year:  2025

Tax History

5505 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 $7,974.21 Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value $712,000 Land Value $319,000 Improvement Value $393,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $657,000 Land Value $250,000 Improvement Value $407,000 Tax Amount $6,722.18 Change Rate +0.009922% Assessed CR Tax Rate +0.010232%
Year 2023 Assessed Value $615,000 Land Value $213,000 Improvement Value $402,000 Tax Amount $6,656.14 Change Rate +0.109875% Assessed CR Tax Rate +0.010823%
Year 2022 Assessed Value $686,000 Land Value $213,000 Improvement Value $473,000 Tax Amount $5,997.2 Change Rate +0.050055% Assessed CR Tax Rate +0.008742%
Year 2021 Assessed Value $563,000 Land Value $178,000 Improvement Value $385,000 Tax Amount $5,711.32 Change Rate +0.025946% Assessed CR Tax Rate +0.010144%
Year 2020 Assessed Value $511,000 Land Value $162,000 Improvement Value $349,000 Tax Amount $5,566.88 Change Rate +0.193311% Assessed CR Tax Rate +0.010894%
Year 2019 Assessed Value Land Value Improvement Value Tax Amount $4,665.07 Change Rate +0.072785% Assessed CR Tax Rate
Year 2018 Assessed Value $464,000 Land Value $173,000 Improvement Value $291,000 Tax Amount $4,348.56 Change Rate Assessed CR Tax Rate +0.009372%
Year 2017 Assessed Value $375,000 Land Value $140,000 Improvement Value $235,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $323,000 Land Value $124,000 Improvement Value $199,000 Tax Amount $3,349.42 Change Rate +0.176325% Assessed CR Tax Rate +0.01037%
Year 2015 Assessed Value $287,000 Land Value $110,000 Improvement Value $177,000 Tax Amount $2,847.36 Change Rate Assessed CR Tax Rate +0.009921%
Year 2014 Assessed Value $246,000 Land Value $95,000 Improvement Value $151,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $194,000 Land Value $83,000 Improvement Value $111,000 Tax Amount Change Rate Assessed CR Tax Rate