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$680,000
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Property Description
Perfect for multi-generational living, Boeing professionals, or buyers seeking flexible living space with potential rental income near Seattle-Tacoma International Airport and Seattle. This inviting Rainier View home blends comfort, character, and versatility with a light-filled open layout, radiant heated tile floors, a cozy wood-burning fireplace, and newer stainless steel appliances. The kitchen opens to a private patio, perfect for entertaining or relaxing. The fully finished daylight basement features a separate entrance, living area, bedroom, bathroom, and gas fireplace, offering ideal space for extended living, guests, or income potential. Additional highlights include a heat pump with A/C, newer carpet, TPO roof replaced in 2021, covered carport, ample parking, storage shed, and a fully fenced yard surrounded by mature landscaping. Conveniently located near I-5, Boeing, shopping, dining, and everyday amenities.
Full Property Details
Full Property Details for 5162 S Wallace St
General
- Sold For: $680,000
- Taxes: $6,998 (2025)
- Status: Closed
- Type: Single Family
- Source: NWMLS
- MLS ID: 2494524
- Added to Site: 113 day(s) ago
Interior
- Interior Features: Dbl Pane/Storm Window, Dining Room, Fireplace, High Tech Cabling, Jetted Tub, Security System, Walk-In Closet(s), Water Heater
- Fireplace: Yes
- Number of Fireplaces: 2
- Fireplace(s): Gas, Wood Burning
- Appliances: Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
- Flooring: Ceramic Tile, Hardwood, Carpet
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Main Floor Baths: 1
- Lower - Full Baths: 1
Bedrooms
- Total Bedrooms: 4
- Bedrooms Lower: 1
- Bedrooms Main: 3
Additional Information
- Amenities: Fenced-Fully, Gas Available, High Speed Internet, Outbuildings, Patio, RV Parking, Sprinkler System
- Security/Safety: Fully Fenced, Security System
Parking
- Carports: Yes
- Covered Spaces: 1
- Uncovered Spaces: 3
- Parking Features: Attached Carport, Driveway, RV Parking
Location
- Area: 380 - Southeast Seattle
- County: King
- Subdivision: Seattle
- Driving Directions: From I-5, take S Ryan Way up to 51st Ave and turn right. 51st turns into Beacon Ave S. Turn right on 53rd Ave. Home will be on your right and sign is on the right side of the driveway.
School Information
- High School District: Seattle
- Elementary School: Buyer To Verify
- Middle School: Buyer To Verify
- High School: Buyer To Verify
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Heat Pump
- Heating Type: Heat Pump, Radiant
- Water Heater: 50 Gallon Electric
Utilities
- Sewer: Sewer Connected
- Water: Public
Structural Information
- Structure Type: House
- Exterior Const.: Metal/Vinyl
- Basement Desc.: Daylight, Finished
- Foundation: Poured Concrete
- Roof: See Remarks
- Square Feet: 2,184
- Finished Total: 2,184 Sq. Ft.
- Year Built: 1962
- Property Condition: Good
Lot Features
- Property View: Mountains, Territorial
- Lot Size (Acres): 0.2227
- Lot Size (Sq. Ft.): 9,702
- Lot Size Source: Realist
- Topography: Partial Slope, Terraces
- Lot Features: Corner Lot, Paved
- Trees/Vegetation: Garden Space
Financial Considerations
- Tax Amount: $6,998.57
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, State Bond, VA Loan
Disclosures and Reports
- Special Conditions: None
- Inclusions: Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
- Property ID: 1262700040
Listed by Celine Williams | Realty One Group Orca | (360) 363-4803
Sold by Lilian Bergsma-Lefever | Compass
Get Pre-Approved Today
Schools
Schools serving 5162 S Wallace St
School District:Seattle School District
| Name | Grades | Distance |
|---|---|---|
Rainier View 11650 Beacon Avenue South, Seattle, WA 98178 | K-5 | 0.3 mi |
Aki Kurose Middle School 3928 South Graham Street, Seattle, WA 98118 | 6-8 | 3.5 mi |
Rainier Beach High School 8815 Seward Park Avenue South, Seattle, WA 98118 | 9-12 | 1.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5162 S Wallace St
Date
Details
Price
Change
Source
6/03/2026
Sold
$680,000
-2.72%
MLS
4/30/2026
Price Reduced
$699,000
-2.92%
MLS
3/20/2026
Listed
$720,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5162 S Wallace Street, Seattle, WA 98178 (MLS# 2494524) is a Single Family property that was sold at $680,000 on June 03, 2026. Want to learn more about 5162 S Wallace Street? Do you have questions about finding other Single Family real estate for sale in Seattle? You can browse all Seattle real estate or contact a Coldwell Banker agent to request more information.

