Taxes
- Assessed Value: $823,000
- Assessed Year: 2025
- Assessed County: King
- APN: 334840-1461
- Assessed Land Value: 277000
- Market Land Value: 277000
- Tax Amount: 9152.26
- Tax Year: 2026
- Market Value: 823000
- Market Year: 2025
5508 S Wallace St; Seattle, WA Property Details
Off market
5508 S Wallace St Seattle, WA 98178
$595,000 Listing Price
5 Beds
2.75 Baths
2,800 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1951
- Purchase Price: $595,000
- Open Loans / Balance: 1 / $402,240
- Est. Equity / %: $430,760 / 51.71%
- Gross Yield: 5.087%
- APN: 334840-1461
- Situs County: King
- Length Of Ownership: 8 years, 6 months
Rooms
- Bedrooms: 5
- Bathrooms: 2.75
- Full Bathrooms: 2
- Partial Bathrooms: 1
Structure
- Stories: 2
- Building Condition: Very Good
- Building Quality: C
- Sewer Type: Municipal
- Water Source: Municipal
- Deck: true
Measurements
- Total: 2,800/SqFt
- Lot: 8,400/SqFt
- Gross: 3,050/SqFt
- Garage: 250/SqFt
- Living: 2,800/SqFt
- Building: 3,050/SqFt
- Ground: 1,800/SqFt
- Price Per Square Foot: $212.50
Legal Description
- Description: HILLMANS MEADOW GARDENS DIV # 2 SLY 140 FT OF WLY 60 FT MEAS PLT SLY & ELY LNS PLAT BLOCK: 14 PLAT LOT: 131
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: 47.497555 / -122.26399
- Subdivision: Hillmans Cd Meadow Gardens Div No. 02
- Property Class: Residential
- Zoning: NR1
- County Use Code: 002
Amenities
- Heating Fuel Type: Electric
- Plus Four: 2870
- Fireplaces: 1
- Garage: Attached Garage
- Heating: Forced air unit
- Parking: 1
HOA
- H O A One: $10
- H O A Amount: $10
- H O A One Type: Home Owner Association
Ownership Info
5508 S Wallace St has no associated ownership info
5508 S Wallace St has no associated ownership info.
Taxes
5508 S Wallace St has 10 associated Taxes items
5508 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 $823,000. The APN we've located for 5508 S Wallace St is 334840-1461.
Unlock the full reportTax History
5508 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 $9,152.26 | Change Rate | Assessed CR | Tax Rate |
| Year 2025 | Assessed Value $823,000 | Land Value $277,000 | Improvement Value $546,000 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $775,000 | Land Value $222,000 | Improvement Value $553,000 | Tax Amount $7,480.79 | Change Rate +0.006607% | Assessed CR | Tax Rate +0.009653% |
| Year 2023 | Assessed Value $725,000 | Land Value $189,000 | Improvement Value $536,000 | Tax Amount $7,431.69 | Change Rate +0.112817% | Assessed CR | Tax Rate +0.010251% |
| Year 2022 | Assessed Value $809,000 | Land Value $189,000 | Improvement Value $620,000 | Tax Amount $6,678.27 | Change Rate +0.045175% | Assessed CR | Tax Rate +0.008255% |
| Year 2021 | Assessed Value $664,000 | Land Value $158,000 | Improvement Value $506,000 | Tax Amount $6,389.62 | Change Rate +0.023764% | Assessed CR | Tax Rate +0.009623% |
| Year 2020 | Assessed Value $603,000 | Land Value $144,000 | Improvement Value $459,000 | Tax Amount $6,241.3 | Change Rate +0.087704% | Assessed CR | Tax Rate +0.01035% |
| Year 2019 | Assessed Value | Land Value | Improvement Value | Tax Amount $5,738.05 | Change Rate +0.074497% | Assessed CR | Tax Rate |
| Year 2018 | Assessed Value $612,000 | Land Value $146,000 | Improvement Value $466,000 | Tax Amount $5,340.22 | Change Rate | Assessed CR | Tax Rate +0.008726% |
| Year 2017 | Assessed Value $494,000 | Land Value $118,000 | Improvement Value $376,000 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2016 | Assessed Value $389,000 | Land Value $104,000 | Improvement Value $285,000 | Tax Amount $3,776.6 | Change Rate +0.179668% | Assessed CR | Tax Rate +0.009708% |
| Year 2015 | Assessed Value $345,000 | Land Value $93,000 | Improvement Value $252,000 | Tax Amount $3,201.41 | Change Rate | Assessed CR | Tax Rate +0.009279% |
| Year 2014 | Assessed Value $296,000 | Land Value $81,000 | Improvement Value $215,000 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2013 | Assessed Value $234,000 | Land Value $71,000 | Improvement Value $163,000 | Tax Amount | Change Rate | Assessed CR | Tax Rate |