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5518 S Wallace St; Seattle, WA Property Details

5518 S Wallace St, Seattle, WA is a Single Family that was built in 2008. This property is currently Financed,New Construction and is not for sale. Our records show that 5518 S Wallace St has 5 bedrooms, and 3.75 bathrooms, and a total of 3,100 square feet. The lot size of 5518 S Wallace St is 7,252 square feet.

Off market
5518 S Wallace St Seattle, WA 98178
$904,000 Estimated Value
5 Beds
3.75 Baths
3,100 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2008
  • Purchase Price: $340,000
  • Open Loans / Balance: 1 / $247,533
  • Est. Equity / %: $643,467 / 72.22%
  • Inv. Liens / Amount: 1 / $3,120
  • Gross Yield: 4.914%
  • APN: 334840-1463
  • Situs County: King
  • Length Of Ownership: 16 years, 8 months

Rooms

  • Bedrooms: 5
  • Bathrooms: 3.75
  • Full Bathrooms: 3
  • Partial Bathrooms: 1

Structure

  • Stories: 2
  • Building Condition: Good
  • Building Quality: C
  • Sewer Type: Municipal
  • Water Source: Municipal
  • Deck: true

Measurements

  • Total: 3,100/SqFt
  • Lot: 7,252/SqFt
  • Gross: 3,100/SqFt
  • Garage: 620/SqFt
  • Living: 3,100/SqFt
  • Building: 3,100/SqFt
  • Ground: 1,550/SqFt
  • Price Per Square Foot: $109.68

Legal Description

  • Description: HILLMANS MEADOW GARDEN DIV #2 PAR E OF SEATTLE SHORT PLAT #2408162 REC #20060405900015 SD SP DAF - POR LOTS 130-132 BLK 14 OF SD PLAT
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: 47.497948 / -122.264015
  • 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: 2

HOA

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

Ownership Info

5518 S Wallace St has no associated ownership info
5518 S Wallace St has no associated ownership info.

Taxes

5518 S Wallace St has 10 associated Taxes items

5518 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 $904,000. The APN we've located for 5518 S Wallace St is 334840-1463.

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Taxes
  • Assessed Value:  $904,000
  • Assessed Year:  2025
  • Assessed County:  King
  • APN:  334840-1463
  • Assessed Land Value:  268000
  • Market Land Value:  268000
  • Tax Amount:  9954.83
  • Tax Year:  2026
  • Market Value:  904000
  • Market Year:  2025

Tax History

5518 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 $9,954.83 Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value $904,000 Land Value $268,000 Improvement Value $636,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $855,000 Land Value $216,000 Improvement Value $639,000 Tax Amount $8,159.74 Change Rate +0.005678% Assessed CR Tax Rate +0.009544%
Year 2023 Assessed Value $800,000 Land Value $184,000 Improvement Value $616,000 Tax Amount $8,113.67 Change Rate +0.11337% Assessed CR Tax Rate +0.010142%
Year 2022 Assessed Value $893,000 Land Value $184,000 Improvement Value $709,000 Tax Amount $7,287.49 Change Rate +0.046015% Assessed CR Tax Rate +0.008161%
Year 2021 Assessed Value $733,000 Land Value $154,000 Improvement Value $579,000 Tax Amount $6,966.91 Change Rate +0.0239% Assessed CR Tax Rate +0.009505%
Year 2020 Assessed Value $665,000 Land Value $140,000 Improvement Value $525,000 Tax Amount $6,804.29 Change Rate +0.003288% Assessed CR Tax Rate +0.010232%
Year 2019 Assessed Value Land Value Improvement Value Tax Amount $6,781.99 Change Rate +0.381283% Assessed CR Tax Rate
Year 2018 Assessed Value $738,000 Land Value $141,000 Improvement Value $597,000 Tax Amount $4,909.92 Change Rate Assessed CR Tax Rate +0.006653%
Year 2017 Assessed Value $449,000 Land Value $114,000 Improvement Value $335,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $386,000 Land Value $101,000 Improvement Value $285,000 Tax Amount $3,748.14 Change Rate +0.181045% Assessed CR Tax Rate +0.00971%
Year 2015 Assessed Value $342,000 Land Value $90,000 Improvement Value $252,000 Tax Amount $3,173.58 Change Rate Assessed CR Tax Rate +0.009279%
Year 2014 Assessed Value $293,000 Land Value $78,000 Improvement Value $215,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $231,000 Land Value $68,000 Improvement Value $163,000 Tax Amount Change Rate Assessed CR Tax Rate