Property Report — 171 Lake Washington Blvd E, Seattle, WA 98112

Introductory Summary

This is a historic single-family waterfront-era property (parcel ID 1954700155) located in Seattle's 98112 ZIP code. Public records and listing sources report a built date of 1902, a large lot (32,392 sq ft) and a substantial living area reported mainly as 7,070 sq ft (some sources show 8,212 sq ft). The property has a public sale history with material appreciation between 1994, 1997 and the 2020 sale.

🔑 Core Property Information

Key factual points consolidated from public records and market listings.

• Normalized address: 171 Lake Washington Blvd E, Seattle, WA 98112, United States
• Parcel ID: 1954700155 (King County parcel viewer)
• Property type: Single-family
• Year built: 1902
• Reported living area: Primary figure used: 7,070 sq ft (alternative listings report 8,212 sq ft; discrepancy noted)
• Lot size: 32,392 sq ft
• Bedrooms / Bathrooms: 4 bedrooms; 4 full baths + 1 half bath
• Construction / amenities: Public sources do not provide consistent structured details for exterior materials, garage/parking, pool, or number of fireplaces; these items require on-document confirmation.
• Notable data points: The property appears in historical-site and county parcel records; multiple listing services show the home and sale history but differ on some measured values.

📊 Market Data & Trends

Public sale history is available but recent comparable sales and local inventory metrics are not present in the consulted sources, which limits neighborhood-level market trend analysis.

• Public sale history (selected): 1994 — $1,485,000; 1997 — $2,895,000; 2020 — $7,050,000 (sources: Zillow/Redfin public records)
• Price per sq ft (subject): ~ $997 per sq ft calculated using the 2020 sale price and 7,070 sq ft living area; alternate per-sqft figures exist in other sources reflecting the area measurement discrepancy.
• Comparables / supply metrics: No verified nearby comps, days-on-market statistics, or current inventory/demand metrics were found in the provided records.
• Implication: Limited verified comps and conflicting area measurements increase uncertainty in market-derived valuation; rely on an appraisal and local comparable search for transaction pricing.

💰 Financial Data

Valuation estimates and tax history are available from public sources; rental and lien/mortgage detail is not publicly confirmed in the provided records.

• Automated valuation range (aggregated): Low ≈ $6,838,059; Mid ≈ $7,753,982; High ≈ $8,312,324 (AVM sources: Redfin, Zillow/Trulia, Homes.com, Xome)
• Assessed value and taxes: Assessed value reported ~ $7,101,000 with current-year property tax ≈ $68,367 (tax history shows similar mid–high $60k range in recent years)
• Rent / yield: No reliable public rental estimate or yield calculation available for this property in the supplied sources.
• Mortgage / liens: No public mortgage balance or confirmed lien data found in the provided records.
• Implication: Carrying costs (property taxes and insurance) will be material at this value range; absence of rental/yield data limits investor-style return analysis for buy-to-let scenarios.

🏘️ Neighborhood & Lifestyle

The property sits in a walkable area of Seattle's 98112 ZIP code with nearby public schools noted; crime statistics are reported at the ZIP-code level and should be interpreted accordingly.

• Walkability: Walk Score for ZIP 98112: 77 (high walkability)
• Schools (likely assignments): McGilvra Elementary (elementary), Meany Middle School (middle), Garfield High School (high). Boundary verification with Seattle Public Schools is recommended for assignment certainty.
• Crime: ZIP-level indicators show crime higher than the U.S. average (source summaries cite CrimeGrade / BestPlaces / NeighborhoodScout); neighborhood-level conditions may vary.
• Amenities & transit: Specific nearby parks, shopping, and transit score details were not fully enumerated in the provided records beyond the Walk Score figure.

⚖️ Legal & Risk

Zoning and permit access exist in public portals but certain environmental and covenant risks are not definitively resolved in the consulted sources.

• Zoning: Reported zoning code: NR1 (single-family residential); authoritative confirmation should be obtained from the Seattle Department of Construction & Inspections (SDCI).
• Permits & history: Permit-history portals exist (Seattle DPD/SDCI and King County); a full permit search by address/parcel is required to confirm permitted alterations, renovations, and code compliance.
• Flood & other environmental risk: No definitive FEMA flood zone identified in the provided records; verify flood zone through FEMA Flood Map Service Center and insurance underwriting.
• HOA / covenants: Public sources did not clearly disclose HOA status or covenants; verify via title report and property documents.
• Implication: Historic construction date and potential unpermitted work are transaction risks for buyers and can affect cost and insurability; zoning and flood determinations affect permitted uses and insurance costs.

👥 Audience-Specific View — Home Buyer

Practical observations and prioritized actions relevant to a buyer reviewing this property.

• Confirm the living area: The reported discrepancy (7,070 vs 8,212 sq ft) materially affects price-per-square-foot metrics and appraisal assumptions; obtain an independent measurement or review the appraisal.
• Title and permit review: Obtain a current title report and a full permit-history search (SDCI/King County) to identify any unpermitted work, easements, or covenant restrictions that could affect renovation plans or resale.
• Zoning and use constraints: Verify NR1 zoning details and any overlay restrictions with SDCI to confirm allowed uses, setback rules, and potential for accessory structures or future changes.
• Insurance and environmental checks: Confirm flood zone status and insurance estimates (including premiums and coverage limitations) and check for other environmental risks relevant to the lakeside location.
• Valuation approach: Use the AVM range and public sale history as preliminary context, but require a professional appraisal and local comparable search before contract pricing; high property taxes will affect ongoing carrying costs.

Data Gaps & Due Diligence

• Living area inconsistency: Conflicting square-foot figures across sources — verify measured living area (architectural/assessor/appraisal) because it drives valuation and taxes.
• Flood zone and insurance risk: No definitive FEMA flood-zone information in provided records — confirm via FEMA MSC and an insurance carrier to determine coverage availability and cost.
• Permit and covenant history: Public HOA status and full permit details were not explicit — review official permit records and title documents to locate unpermitted work or restrictive covenants that could affect transfer or renovation.

📂 Sources & Data Notes

Key public sources used to compile the report. These references include listing sites, county parcel records, and local portals; they should be consulted directly for official actions and verification.

• King County Parcel Viewer — parcel ID 1954700155 (property and assessed-value data)
• Redfin — property listing and sale history
• Zillow & Trulia — property details, sale history, and AVM estimates (note: area measurements vary across these platforms)
• Xome and Homes.com — supplemental AVM estimates and listing details
• Seattle Historical Site Search — historical context and parcel references
• Seattle Department of Construction & Inspections (SDCI) / King County permit portals — permit and project research (use address/parcel ID for queries)
• Walk Score — walkability score for ZIP 98112
• CrimeGrade / BestPlaces / NeighborhoodScout — ZIP-level crime summaries
• Seattle Public Schools — boundary and likely school assignment reference