For Sale18d on market
5162 S Wallace Street
Seattle, WA, 98178 • Rainier View • King County
$720,000
$330/sqft
Down payment assistance available
4Beds
2Baths
2,184Sqft
0.22 acLot
1962Built
Property DNA
Territorial Views
Territorial
1 Story w/Bsmnt. Style
Built 1962 · 64 years of history
Seattle
Rainier View
Outdoor Living
Dbl Pane/Storm Window · Dining Room · Fireplace · High Tech Cabling · Jetted Tub · Security System · Walk-In Closet(s) · Water Heater
2 Fireplaces
Gas · Wood Burning · Lower Level: 1 · Main Level: 1 · Fireplace
Ceramic Tile & Hardwood Floors
Quality flooring throughout
This home is in high demand
Listed 18 days ago · 1,358 views · 101 saves · Top 7% likely to sell soon
Market activity
Demand and pricing signals for this listing
1,358 views
People checking out this listing
101 saves
Buyers have saved this home
18 days on market
Recently listed
$330/sqft
Price per square foot
Selling Soon Prediction
Very HighThis home ranks in the top 7% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Single Family · Built 1962
Welcome to this inviting Seattle home in the desirable Rainier View neighborhood, where comfort, character, and versatility come together in a prime location. Inside, the open-concept layout is filled with natural light from expansive windows and showcases a timeless mid-century modern feel, featuring radiant heated tile floors, a cozy wood-burning fireplace, and newer stainless steel appliances that create a warm and functional living space. The kitchen flows seamlessly to a private patio with stunning valley and Olympic Mountain views, perfect for entertaining or enjoying Pacific Northwest sunsets. The fully finished daylight basement offers incredible flexibility with a separate entrance, full living area, bedroom, bathroom, and gas fireplace, ideal for multigenerational living or potential rental income. Additional highlights include a heat pump with central air conditioning, newer carpet, washer and dryer, and a TPO roof replaced in 2021, along with a covered carport, ample parking, and a storage shed. Step outside to a fully fenced yard with a sprinkler system, surrounded by mature trees and lush landscaping that create a peaceful, private retreat. Conveniently located just minutes from I-5, Sea-Tac Airport, Boeing, shopping, and dining, this home offers easy commuting and exceptional value in King County.
Standout features identified
Our analysis highlights gas fireplace, cozy wood-burning fireplace, and ample parking as key attractions of this home.
Estimated monthly payment
Based on current rates
$4,481/month
Principal & Interest$3,521
Property Tax$720
Insurance$240
Down payment20% ($144,000)
3%50%
Est. 6.18% rate · 30yr fixed · $576,000 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1962
HeatingFireplace, Heat Pump, Radiant, Electric, Natural Gas
CoolingHeat Pump
Parking1 Carport space
Lot9,700 sqft
Days on Zillow18 Days
Price/sqft$330
Property
Home typeSingle Family
Sub-typeSingle Family Residence
Style1 Story w/Bsmnt.
ConditionGood
Year built1962
Stories1
Systems
HeatingFireplace, Heat Pump, Radiant, Electric, Natural Gas
CoolingHeat Pump
RoofSee Remarks
ConstructionMetal/Vinyl
Water / SewerPublic, Company: Seattle Public Utility / Sewer Connected, Company: Seattle Public Utility
Parking & Outdoor
ParkingAttached Carport, Driveway, RV Parking
BasementDaylight,Finished
Fireplaces2
Lot9,700 sqft
Location & Tax
NeighborhoodRainier View
Annual tax$6,998
Parcel1262700040
Bathrooms & Fees
Full baths2
Features & details
14 categories of property features
Interior Features
Interior
Dining Room
High Tech Cabling
Appliances
Dishwasher
Disposal
Dryer
Microwave
Refrigerator
Stove(s)/Range(s)
Washer
Dishwasher(s)
Dryer(s)
Garbage Disposal
Microwave(s)
Refrigerator(s)
Washer(s)
Water Heater: 50 Gallon Electric
Water Heater Location: Utility Closet
Flooring
Ceramic Tile
Hardwood
Carpet
Heating
Fireplace
Heat Pump
Radiant
Electric
Natural Gas
Cooling
Heat Pump
Fireplace
Gas
Wood Burning
Lower Level: 1
Main Level: 1
Fireplace
Windows
Dbl Pane/Storm Window
Exterior Features
Parking
Attached Carport
Driveway
RV Parking
Construction
Metal/Vinyl
Patio & Porch
Dbl Pane/Storm Window
Dining Room
Fireplace
High Tech Cabling
Jetted Tub
Security System
Walk-In Closet(s)
Water Heater
Lot Features
Corner Lot
Paved
Fenced-Fully
Gas Available
High Speed Internet
Outbuildings
Patio
RV Parking
Sprinkler System
Security
Security System
Views
Territorial
Utilities
None
Quantum Fiber (At&t)
Room details
10 rooms detailed
Bedroom
LowerBedroom
MainBedroom
MainBedroom
MainBathroom Full
LowerBathroom Full
MainListing insights
Market data and value estimates
StatusFor Sale
Days on market18
Est. value$711,600
Est. rent$4,317/mo
Tax rate0.82%
Price/sqft$330
On marketMar 19, 2026
PostedMar 20, 2026
Last sold$363,500
MLS statusActive
MLS updatedApr 6, 2026
Tour days9
Views1,358
Favorites101
How are the schools in Seattle?
3 schools rated nearby
Location
Seattle, WA, 98178
Price history
7 events
DateEventPrice$/sqftSource
Mar 20, 2026Listed For Sale$720,000$330NWMLS as distributed by MLS GRID
Nov 7, 2014Sold$363,500$166NWMLS as distributed by MLS GRID
Aug 30, 2014Listed For Sale$364,950$167Better Properties Seattle
Aug 25, 2005Sold$232,600$107Public Record
Mar 24, 2005Sold$234,758$107Public Record
May 24, 2002Sold$211,000$97NWMLS as distributed by MLS GRID
Apr 19, 1996Sold$104,000$48Public Record
Listed For Sale$720,000
Mar 20, 2026•$330/sqft•NWMLS as distributed by MLS GRID
Sold$363,500
Nov 7, 2014•$166/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$364,950
Aug 30, 2014•$167/sqft•Better Properties Seattle
Sold$232,600
Aug 25, 2005•$107/sqft•Public Record
Sold$234,758
Mar 24, 2005•$107/sqft•Public Record
Sold$211,000
May 24, 2002•$97/sqft•NWMLS as distributed by MLS GRID
Sold$104,000
Apr 19, 1996•$48/sqft•Public Record
Tax history
21 years of records
YearTax paidAssessed value
Apr 7, 2024$6,999$658,000
Apr 7, 2023$6,494$616,000
Apr 7, 2022$6,449$688,000
Apr 7, 2021$5,804$565,000
Apr 7, 2020$5,552$513,000
Apr 7, 2019$5,420$509,000
Apr 7, 2018$4,852$505,000
Apr 7, 2017$4,518$408,000
Apr 7, 2016$2,932$351,000
Apr 7, 2015$2,932$311,000
Apr 7, 2014$2,932$267,000
Apr 7, 2013$2,932$211,000
Apr 7, 2012—$218,000
Apr 7, 2011—$218,000
Apr 7, 2010—$245,000
Apr 7, 2009—$245,000
Apr 7, 2007—$216,000
Apr 7, 2006—$207,000
Apr 7, 2005—$206,000
Apr 7, 2001$1,799$148,000
Apr 7, 2000$1,709$134,000
Nearby homes
Neighborhood details
Local context around this listing
Seattle, WA • King County
Nearby neighborhoods
AdamsCapitol HillFirst HillFremontGreenwoodMagnoliaMinorRavennaUniversity DistrictWallingford
Nearby cities
AuburnBellevueBothellFederal WayKentKirklandRedmondRenton
Nearby zip codes
98040981039810598109981159811798118981229812598133
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Based on information submitted to the MLS GRID as of 2026-04-07 05:58:32 PDT. 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. [Click here for more information](/mls-disclaimers/#39)
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