2 months on rocket

1556 Magnolia Way W, Seattle, WA, 98199

$1,800,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
1 Full Bath, 2 Partial
3,140 SqFt
$573/SqFt
House

Location

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1556 Magnolia Way W, Seattle$1,800,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

ParkingDriveway
Year Built1934
HeatingForced Air
CoolingNone
BasementYes
FireplaceWood Burning
ViewBay, City, Mountain(s), Sound, Territorial
MLS #2302613
Lot Size0.32 Acres
StatusActive

About 1556 Magnolia Way W

One of a kind location on Magnolia Way W. overlooking the Bay and Downtown Seattle! First time to market, and only 1 owner for the last 55 years. Spacious home boasts a fantastic setting loaded with personality and charm, this represents a unique opportunity for anyone looking to be on one of the most coveted streets in Magnolia. Entering via a covered porch, the main floor boasts a large sunken living room with exposed wood beams, fireplace and views of downtown city scape. Intimate dining room, kitchen & great room with 2nd fireplace. Upstairs has primary with bath and 2 bedrooms along with well-appointed bathroom. Basement has laundry, bonus rooms, utility and more. Turnkey home with great remodel potential/investment.

Property Details

Property Features

Property Information:

  • Architectural Style: Tudor
  • Year Built: 1934
  • Living Area: 3,140 SqFt

Listing Office:

  • Office Name: South Lake Associates Inc.
  • Office Phone: (206) 452-2001
  • Listing Agent: John D. Jochim

Interior Features

Interior Information:

  • Appliances: Disposal
  • Basement: Yes
  • Flooring Type: Ceramic Tile, Hardwood, Vinyl, Carpet
  • Interior: Ceramic Tile, Dining Room, Fireplace, Hardwood, Wall to Wall Carpet, Water Heater
  • Fireplace: Wood Burning

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Bay, City, Mountain(s), Sound, Territorial
  • Exterior: Brick, Wood

Parking Information:

  • Attached Garage: No
  • Parking: Driveway

Lot Features

Lot Information:

  • Lot: Paved
  • Lot Size: 0.32 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: None

Other

Directions Information:

  • Directions: Please use Google Maps

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,800,000
  • Price Per SqFt: $573/SqFt

Tax Information:

  • Annual Amount: $13,635
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Seattle, WA.

Med. Sold Price

$846.9K

Med. Price/SqFt

$567

Avg. Days On Market

40

# of Sold Homes

635

1556 Magnolia Way W vs Seattle

61 DAYS ON ROCKET

+21 Days

$1,800,000

+$953K More

$573/SqFt

+$6 More

KEY TAKEAWAY

This property is $953K more than the Median Sold Price and $6/SqFt more than other homes in Seattle, WA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NWMLS
  • MLS Number: #2302613

Listing Office:

  • Office Name: South Lake Associates Inc.
  • Office Phone: (206) 452-2001
  • Listing Agent: John D. Jochim

IDX Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDXThe data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved.

DMCA Notice

Disclaimer: The information contained in this listing has not been verified by Rocket Homes Real Estate, LLC and should be verified by the buyer. All information deemed reliable but not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. All properties are subject to prior sale, change or withdrawal. Neither broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Days on site is calculated from the listing date of the current listing and includes the sum of market time from prior listings for the same property uninterrupted by a sale or more than 60 days off-market. Time off market, including time when a sale is pending, temporarily off market, etc. is not included.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/17/2024, 10:17:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$13,635$1,376,000
2018$12,258$1,394,000
2017$13,639$1,357,000

History based on county public records data.

Payment Calculator

$9,051

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,463

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4255101
7
/10
  • Magnolia Elementary School

  • 2418 24th Ave W

  • 0.47 miles

  • Public District Grades PK-5

school-card-donut-4255102
9
/10
  • Frantz Coe Elementary School

  • 2424 7th Ave W

  • 1.22 miles

  • Public District Grades KG-5

school-card-donut-4255103
8
/10
  • Lawton Elementary School

  • 4000 27th Ave W

  • 1.59 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $78,256. Typical income of Seattle, WA residents is between $35k-100k annually. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1556 Magnolia Way W

What is the listing price of this property?

The listing price of 1556 Magnolia Way W property is $1,800,000.

What type of property is this?

The property 1556 Magnolia Way W is a house located in Seattle, Washington, 98199.

Is this property for sale now?

Active Listing: 1556 Magnolia Way W is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $13,635 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1556 Magnolia Way W has 3 bedrooms and 1 full and 2 half bathrooms.

What is the square footage of this property?

The property 1556 Magnolia Way W is 3,140 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1556 Magnolia Way W is 1934.

Rocket Homes›Washington›King County›Seattle›98199›1556 Magnolia Way W

This home is located at 1556 Magnolia Way W in Seattle, WA and zip code 98199 in the Interbay neighborhood. This 3,140 square foot home, which was built in 1934, sits on a 0.32 acre lot. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since October 18, 2024 and is currently priced at $1,800,000.

Seattle, WA housing market in November 2024 saw over 135 listings sold above listed price, more than 195 sold at listed price and over 305 sold below. Between October 2024 and November 2024, Seattle, WA real estate market has seen decrease in the number of listings by 10.9%. In November 2024 median list price was $846,981 and the average listing age was 40 days.

From Rocket Homes Real Estate and based on county public records data.

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