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 900s! Take advantage of this unique opportunity to take this project to the finish line in this high demand, low inventory market!
Property Details
Property Features
Listing Office:
Office Name: Merrick Realty LLC
Office Phone: (253) 335-9918
Listing Agent: Kalen Peters
Exterior Features
Exterior Information:
View: Mountain(s), Partial, Territorial
Lot Features
Lot Information:
Lot Size: 0.20 Acres
Other
Directions Information:
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
Price Information
Listing Price Info
Price Summary:
List Price: $125,000
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Housing Market Comparison
See how this home compares to others in Seattle, WA.
This property is $722.4K less than the Median Sold Price in Seattle, WA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: NWMLS
MLS Number: #2267464
Listing Office:
Office Name: Merrick Realty LLC
Office Phone: (253) 335-9918
Listing Agent: Kalen Peters
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.
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: 11/17/2024, 3:17:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
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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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
Rainier View Elementary School
11650 Beacon Ave S
Distance between this listing and this school0.26 miles
Public District Grades KG-5
2
/10
Campbell Hill Elementary School
6418 S 124th St
Distance between this listing and this school0.82 miles
Public District Grades KG-5
4
/10
Emerson Elementary School
9709 60th Ave S
Distance between this listing and this school1.26 miles
Public District Grades PK-5
Nearby Schools
3
/10
Showalter Middle School
4628 S 144th St
Distance between this listing and this school1.60 miles
Public District Grades 6-8
2
/10
Dimmitt Middle School
12320 80th Ave S
Distance between this listing and this school1.73 miles
Public District Grades 6-8
5
/10
South Shore PK-8 School
4800 S Henderson St
Distance between this listing and this school1.83 miles
Public District Grades PK-8
Nearby Schools
2
/10
Foster Senior High School
4242 S 144th St
Distance between this listing and this school1.67 miles
Public District Grades 9-12
1
/10
Talley High School
7800 S 132nd St
Distance between this listing and this school1.71 miles
Public Magnet Grades 9-12
3
/10
Rainier Beach High School
8815 Seward Park Ave S
Distance between this listing and this school1.86 miles
The neighbors living near this home have an average income of $60,478. The majority of Seattle, WA residents have income 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 5150 S Wallace St
What is the listing price of this property?
The listing price of 5150 S Wallace St property is $125,000.
What type of property is this?
The property 5150 S Wallace St is land located in Seattle, Washington, 98178.
Is this property for sale now?
Active Listing: 5150 S Wallace St is For Sale (Active/New) which means the seller is accepting offers.
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This home is located at 5150 S Wallace St in Seattle, WA and zip code 98178 in the Southeast neighborhood. This home sits on a 0.20 acre lot. It has been listed on Rocket Homes since July 19, 2024 and is currently priced at $125,000.
While more than 232 listings in Seattle, WA in October 2024 were sold above asking price, there were more than 260 listings sold at asking price, and more than 335 were sold below. The inventory of homes for sale in Seattle, WA between September 2024 and October 2024 increased by 14.7%. The median list price of listings available in October 2024 was $847,413, while the average time on the real estate market was 34 days.
From Rocket Homes Real Estate and based on county public records data.
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
The 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. 
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