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950 North 107th Street

950 North 107th Street, Seattle, WA 98133
Property in Bitter Lake
Sold Dec 28, 2021
$7,760,000
$3,800,000 by Us Bank Trust Co Na
Mortgage
Sold Apr 16, 2012
$3,589,680
$3,589,680 by Tryg Fortun Etux
Mortgage
950 North 107th Street in Seattle, WA was first built in 1986 and is 38 years old. Although, the building on the property was most recently renovated and altered in 2001. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a custom style. There are a total of 3 floors. There are a total of 0 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. In total, the area measurement of the land is 7,440 square feet.

Learn more about the property and building on this page. There is a screened porch and a unknown. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a garage. The garage is 1,414 sqft. There are a total of 5 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood. Walk into the home itself and you'll find that it is currently being cooled with a wall air conditioning unit. As for heating, the home is utilizing floor/wall heating system and being fueled with electricity. The property was last sold in Dec 17, 2021 for $7,760,000. That's $952.15 per sqft. Prior to that sales transaction, the property was also sold in Apr 6, 2012 for $3,589,680. 950 North 107th Street was last assessed in 2023. The total value of the property was assessed at $2,607,000. Specifically, the land the property is located on was valued at $855,600. While improvements on the property were assessed at a total of $1,751,400. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $24,565. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 2001
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Custom
  • Exterior Walls Type: Wood
  • Floor Count: 3
  • Living Units: 10
  • Business/Commerical Units Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 1,414
  • Parking Space Count: 5
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 7,440
  • Total Building Area: 8,150
  • Gross Building Area: 11,005
  • Building Area: 8,152
  • Building Area Measurement: Adjusted Area

    Heating and Cooling

  • Air Conditioning: Wall air conditioning unit
  • Heating: Floor/wall
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: ELBERT PLACE ADD
  • Land Acres: 0.171
  • Standard Land Use Code: Apartments (generic)
  • County Land Use Code: Pipeline or right-of-way
  • Legal Description 1: ELBERT PLACE ADD

Ownership

  • Current Owner : RT LIVING LLC
  • Previous Owner : JES REAL ESTATE INVESTMENTS LLC
  • Owner Before Previous Owner: FORTUN TYRG
  • Owner Before Previous Owner 2: FORTUN BARBARA
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Seattle School District
  • Census Tract: 000402

Zoning

  • Zoning: LR2 (M)

Geography

  • Account Number: 229140017000
  • District: SEATTLE
  • Parcel: 229140-0170
  • Block: 2
  • Lot: 17-18
  • Meridian: SEC 30 TWN 26 RNG 04
  • Municipality: SEATTLE
  • Latitude: 47.7067
  • Longitude: -122.346

    Address

  • Full Address: 950 N 107th St
  • Address - House Number: 950
  • Street Direction: N
  • Address - Street Name: 107th
  • Address - Suffix Type: St
  • State: WA
  • City Name: Seattle
  • Carrier Code: C007
  • 4-Digit Zip Code: 8863
  • Zip Code: 98133

Valuation

    Tax

  • Total Area: 8,152
  • Tax Year: 2024
  • Tax Amount: $24,565
  • Tax Rate Code Area: 0010

    Appraisal Valuation

  • Standard Deviation: 0.3128
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 37
  • Final Value: 3,114,935
  • High Value: 4,089,434
  • Low Value: 2,140,435

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $3,800,000
  • First Open Lien Mortgage Lender: US BANK TRUST CO NA
  • First Open Lien Mortgage Recording Date: Dec 28, 2021
  • First Open Lien Mortgage Loan Amount: $3,800,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $2,607,000
  • Market Land Value: $855,600
  • Market Improvement Value: $1,751,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,607,000
  • Assessed Land Value: $855,600
  • Assessed Improvements Value: $1,751,400

    Sales

  • Current Sale Contract Date: Dec 17, 2021
  • Current Sale Recording Date: Dec 28, 2021
  • Current Sale Transaction ID: 11875966603
  • Current Sale Price: $7,760,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20211228001203
  • Previous Sale Recording Date: Apr 16, 2012
  • Previous Sale Contract Date: Apr 06, 2012
  • Previous Sale Amount: $3,589,680
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: US BANK TRUST CO NA
  • First Mortgage Transaction Date: Dec 28, 2021
  • First Mortgage Loan Amount: $3,800,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Previous Mortgages

  • Previous Mortgage Lender: TRYG FORTUN ETUX
  • Previous Mortgage Transaction Date: Apr 16, 2012
  • Previous Mortgage Loan Amount: $3,589,680
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Seller take-back

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Frequently Asked Questions

What neighborhood is 950 North 107th Street located in?
The 950 North 107th Street is a located in the neighborhood of Bitter Lake in Northwest Seattle, Seattle.
What is the average sales price for listings in 950 North 107th Street?
The average sales price for units in 950 North 107th Street is $0 currently.

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