Seattle Washington Real Estate

The Rainier Beach area of Seattle WA has been a sleeper for a long time.  It is an area of older, turn of the century homes and everything in between.  Many of the homes in Rainier Beach have sweeping views of Lake Washington from Mount Baker to the North to Mt. Rainier to the South.  Other homes have a vision of downtown Seattle and Puget Sound as well as the Olympic Peninsula mountains.  There are a lot of affordable homes in the area. 

Residents have access to Seattle via a beautiful drive down Lake Washington, very soothing for the soul.  Keep an eye out for bald eagles chasing ducks, Canadian Geese, beaver, muskrat and other wildlife.  It is a veritable zoo of a therapeutic drive.  The Sound Transit light rail provides quick and easy access to Seatac airport and downtown Seattle. 

Renton WA, which is undergoing a rebirth, is just minutes away.

Kubota Gardens is a Seattle owned garden of unsurpassed beauty. During the summer it is the setting for numerous outdoor weddings.  Visit their website and click on the large picture to view some of the flowers and trees.  You will absolutely enjoy walking through the park.

Here’s a little known fact for residents… Waters Avenue is named after a Mr. Waters, an English gentleman who purchased a large north south running tract of land, including Dead Horse Canyon.  He lived on waters near Waters and 64th, where he also provided his hired help with a brick Tudor, both homes with sweeping views.  He subdivided the property and built beautiful brick Tudor homes on many corner lots.  So in your walk through the neighborhood see how many of these Tudor you can find.

Rainier Beach Seattle Washington Real Estate - Single Family Homes

There are 6,052 single-family homes in Rainier Beach Seattle.  Of this home population 2,310 homes have been owned for five years or less, 2,310 Rainier Beach homes owned between 5- 10 years and 1,606 owned for 10 years or more.  The average length of ownership of a home in Rainier Beach Seattle is 7.8 years.

Although many homes in Rainier Beach date back to the turn of the century the average home in Rainier Beach was built in 1952 with average square footage of 2,024 and has 3 bedrooms.

Rainier Beach Seattle boasts a high proportion of owner occupied homes with 4,932 being owner occupied homes and 1,120 non-owner occupied homes, rental homes.

At the time of this writing, 2007, 173 single family homes sold for an average selling price of $371,177 at an average of $193 per square foot. This selling price was an average of 133% of the assessed value. In 2006 375 homes sold in Rainier Beach Seattle, averaging $371,220 at $184 per square foot.  And in 2005, 375 homes sold for an average home selling price of $313,337, $166 per square foot.

Rainier Beach Seattle Washington Real Estate - Condos

Rainier Beach Seattle is not overly populated with condos, with only 244.  The average condo is 921 sq. ft. in size, with 2 bedrooms and two bathrooms and was built in 1975.  Most Rainier Beach Seattle condos, 184, are in buildings that are two stories or taller.  Many of these are located in a single complex that is located on the shores of beautiful Lake Washington and have access to a Marina.  About half of these have great views to the North of Lake Washington and beyond to Mt. Baker, Mercer Island and the Blue Angles during the Lake Washington hydroplane races.  Seward Park, with a great three mile stroll around the peninsula is visible along with many lake front Seward Park Washington homes.

There are 244 condos in Rainier Beach Seattle. The average condo in Rainier Beach Seattle was built in 1975. The average size of a condo in Rainier Beach Seattle is 921 square feet and has two bedrooms and two bathrooms. There are 27 condos that are located in single-story buildings. Additionally, there are 33 condos located in two-story buildings and 184 condos that are located in buildings that are two and a half stories or taller.

The average length of ownership of a condo in Rainier Beach Seattle is 8.3 years. There are 89 condos that have been owned for five years or less, 72 condos have been owned between five and ten years, and 73 condos in Rainier Beach Seattle that have been owned for ten years or more.

There are only 13 condos that are owner occupied and 231 condos that are non-owner occupied. The average property taxes for a home in Rainier Beach Seattle are $1681.

So far in 2007 there have been 3 condos sold. The average selling price of these condos is $630,500. The low price was $606,500. The high price was $675,000. The average price per square foot is $357.

In 2006 there were 15 condos sold in Rainier Beach Seattle. The average selling price was $306,333. The lowest selling price was $25,000. The highest selling price was $649,000. The average selling price per square foot for a Rainier Beach Seattle condo in 2006 was $283 per square feet.

In 2005 there were also 15 condos sold. The average selling price was $195,029. The lowest selling price was $20,000. The highest selling price was $507,000. The average selling price per square foot was $252.

During the past 12 months there has been one condo that sold for $179,000. This was 143% of the assessed value. During the same 12-month period, there were 5 condos sold for an average of $199,483. This average selling price was 123% of the assessed value.

This neighborhood is a great area to be searching for Seattle Washington real estate.

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