5150 South Wallace Street

Seattle, WA 98178

$125,000
Price
8,772 / 0.20
Lot Size / Acres

Description

Perfect opportunity for in-fill builder within city of Seattle limits. This permit ready lot includes complete set of plans for modern 3368 Square Foot home AND 988 Square Foot DADU included! All the heavy lifting has been done including land use and ECA approval. Priced well below tax assessed value in close vicinity to all Freeways, shopping and amenities. Partial territorial and mountain views! Similar homes in this area are starting in the high 900's! Take advantage of this unique opportunity...Perfect opportunity for in-fill builder within city of Seattle limits. This permit ready lot includes complete set of plans for modern 3368 Square Foot home AND 988 Square Foot DADU included! All the heavy lifting has been done including land use and ECA approval. Priced well below tax assessed value in close vicinity to all Freeways, shopping and amenities. Partial territorial and mountain views! Similar homes in this area are starting in the high 900's! Take advantage of this unique opportunity to take this project to the finish line in this high demand, low inventory market!
  1. Listed by Kalen Peters • Merrick Realty LLC

Property Details for 5150 South Wallace Street

Community Name
Skyway
School District
Seattle
View
Mountain(s), Partial, Territorial
Entry Date
07-19-2024
Sewer
In Street
LISTING UPDATED: 11/14/2024 08:27 AM

Property Details for 5150 South Wallace Street

StatusActive
MLS #2267464
Days on Market151
Cumulative Days on Market150
Taxes$2,321 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size0.20 AC
CountyKing County

Building Information for 5150 South Wallace Street

Lot Size0.20 AC

Property Information for 5150 South Wallace Street

Summary
Location and General Information
  • Style: 40 - Res-Less thn 1 Ac
  • Area: 380 - Southeast Seattle
  • Directions: From Beacon Ave S: South onto 53rd Ave S, turns into S Wallace St. Lot on North side of the street. Next door to 5140 S Wallace St
  • Property Sub Type: VACL
  • Road Information: County Right of Way
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2023
Parking
  • Carport: No
Interior and Exterior Features
Bathroom Information
  • Full Baths Upper: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Upper: 0
  • Main Level Bathrooms: 0
Bedroom Information
  • Bedrooms Upper: 0
  • Bedrooms Possible: 0
Interior Features
  • Fireplaces Total: 0
  • Cooling: No
  • Fireplace: No
  • Heating: No
Property
Utilities
  • Electricity: In Street
  • Electric On Property: No
  • Gas Available: In Street
  • Water Source: In Street
  • Utilities: Electricity Available, Natural Gas Available
Property and Assessments
  • Senior Exemption: No
  • Zoning Jurisdiction: City
  • Slope of Property: Street
  • Water Jurisdiction: Seattle Public Utilities
  • Zoning Remarks: NR1
  • Restrictions: No Restrictions
  • Lot Topography: Rolling
  • First Right Of Refusal: false
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 5
Lot Information
  • Lot Size Source: County Records
  • Parcel Number Free Text: 1262700030
  • Calculated Square Footage: 0
  • Structure Type: Unspecified
  • Road On Which Side: South
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 0.0
  • Building Area Units: Square Feet
  • Property Type: Land
  • Elevation Units: Feet
  • Irrigation Water Rights: No

Property History for 5150 South Wallace Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5150 South Wallace Street

Taxable ValueLand$172,000Additions-Total$172,000
Tax Record2022$3,673 ($306 / month)
Home Facts
Beds0Lot Size8,772 SqFtStyleResidentialZoningNR1CountyKINGAPN126270-0030

Schools near 5150 South Wallace Street

This home is within Seattle Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 8
Rating
School
Distance
Rainier View
PublicPK to 5

Aki Kurose Middle School
Public6 to 8

Rainier Beach High School
Public9 to 12

The New School At South Shore
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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5150 South Wallace Street is a 0.20 ac of land for sale in Seattle, WA 98178. This property was listed for sale on July 19, 2024 by Merrick Realty LLC, it's currently listed at $125,000. It has been on the market for a total of 151 days and was last sold on December 16, 2021. This listing's school district is Seattle Public Schools. Nearby schools include Rainier View, Aki Kurose Middle School and Rainier Beach High School. 5150 South Wallace Street is a 0-bed, 0-bath, 0.20 ac of land on a 8,772 sq. ft. / 0.20 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Merrick Realty LLC

Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.