5162 S Wallace St

2,184 Sq. Ft.
$330 / Sq. Ft.
2,184
Sq. Ft.
$330
per Sq. Ft.

Description

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...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.
  1. Listed by Celine Williams • Realty One Group Orca
    P: (360)-363-4803 Homeswithceline@gmail.com

Property Details for 5162 South Wallace Street

Community Name
Seattle
School District
Seattle
View
Mountains, Territorial
Number of Assigned Spaces
4
Total Covered Parking
1
Entry Date
03-20-2026
Energy Source
Electric,Natural Gas
Sewer
Sewer Connected
LISTING UPDATED: 04/06/2026 12:12 PM

Property Details for 5162 South Wallace Street

StatusActive
MLS #2494524
Days on Market34
Cumulative Days on Market34
Taxes$6,999 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential
Year Built1962
Lot Size0.22 AC / 9,702 SF
CountyKing County

Location

Listing Courtesy of Realty One Group Orca
Add your commute

Building Information for 5162 South Wallace Street

Stories-Year Built1962Building Size-Lot Size0.22 AC / 9,702 SF

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$4,209 per month

30 year fixed, 6.46% Interest

Principal and Interest

$3,626

Property Taxes

$583

HOA Dues

$0

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Property Information for 5162 South Wallace Street

Summary
Location and General Information
  • Style: 16 - 1 Story w/Bsmnt.
  • Building Information: Built On Lot
  • Site Features: Fenced-Fully, Gas Available, High Speed Internet, Outbuildings, Patio, RV Parking, Sprinkler System
  • Area: 380 - Southeast Seattle
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify
  • High School: Buyer To Verify
  • Effective Year Built Source: Public Records
  • 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.
  • Bus Route Number: 107, 101
  • Property Sub Type: RESI
  • Bus Line Nearby: true
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2025
Parking
  • Attached Garage: No
  • Carport: Yes
  • Parking Type: Carport-Attached, Driveway Parking, RV Parking
  • Open Parking: No
  • Parking Features: Attached Carport, Driveway, RV Parking
Interior and Exterior Features
Bathroom Information
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 0
  • Half Bathrooms: 0
  • Full Baths Lower: 1
  • Full Baths Main: 1
  • Full Baths Upper: 0
  • Three Quarter Baths Lower: 0
  • Three Quarter Baths Main: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Lower: 0
  • Half Baths Main: 0
  • Half Baths Upper: 0
  • Full Baths Garage: 0
  • Half Baths Garage: 0
  • Three Quarter Baths Garage: 0
  • Main Level Bathrooms: 1
Bedroom Information
  • Bedrooms Main: 3
  • Bedrooms Upper: 0
  • Bedrooms Lower: 1
Interior Features
  • Fireplaces Total: 2
  • Fireplaces Lower: 1
  • Fireplaces Main: 1
  • Floor Covering: Ceramic Tile, Hardwood, Carpet
  • Basement: Daylight, Finished
  • Features: Dbl Pane/Storm Window, Dining Room, Fireplace, High Tech Cabling, Jetted Tub, Security System, Walk-In Closet(s), Water Heater
  • Water Heater Location: Utility Closet
  • Room and Floor: Family Room-Lower, Kitchen With Eating Space-Main, Living Room-Main, Bedroom-Lower, Utility Room-Lower, Bathroom Full-Lower, Bathroom Full-Main, Bedroom-Main
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer
  • Cooling: Yes
  • Cooling: Heat Pump
  • Fireplace Features: Gas, Wood Burning
  • Fireplace: Yes
  • Heating: Yes
  • Heating: Heat Pump, Radiant
  • Water Heater Type: 50 Gallon Electric
  • Room List: Family Room, Kitchen With Eating Space, Living Room, Bedroom, Utility Room, Bathroom Full
  • Number Of Showers: 2
Exterior Features
  • Exterior: Metal/Vinyl
  • Roof: See Remarks
  • Appliances That Stay: Dishwasher(s),Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • Security Features: Fully Fenced, Security System
Property
Utilities
  • Water Source: Public
  • Power Company: Seattle City Light
  • Sewer Company: Seattle Public Utility
  • Water Company: Seattle Public Utility
  • Power Production Type: Electric, Natural Gas
Property and Assessments
  • New Construction YN: No
  • Senior Exemption: No
  • Foundation: Poured Concrete
  • Level: One
  • Lot Topography: Partial Slope,Terraces
  • First Right Of Refusal: false
  • MLS Square Footage Source: Realist
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1962
  • Photos Count: 37
Lot Information
  • Lot Details: Corner Lot, Paved
  • Lot Size Source: Realist
  • Parcel Number Free Text: 1262700040
  • Building Condition: Good
  • Calculated Square Footage: 2184
  • Structure Type: House
  • Square Footage Finished: 2184
  • Square Footage Unfinished: 0
  • Vegetation: Garden Space
  • Building Area Total: 2184.0
  • Building Area Units: Square Feet
  • Property Type: Residential
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Total Uncovered Parking: 3
Rental
Rent Information
  • Occupant Type: Owner
  • Land Lease: No

Property History for 5162 South Wallace Street

DateEvent & SourcePriceAppreciation
Mar 20, 2026

Listed (Active)

NWMLS #2494524

$720,000—
Nov 7, 2014

Sold

NWMLS #688818

$363,500—
Oct 16, 2014

Sold (Public Record)

Public Record #474317069

$363,500

+5.0% / yr

DateEvent & SourcePrice
03/20/2026

Listed (Active)

NWMLS #2494524

$720,000
11/07/2014

Sold

NWMLS #688818

$363,500
10/16/2014

Sold (Public Record)

Public Record #474317069

$363,500

+5.0% / yr

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5162 South Wallace Street

Taxable ValueLand$231,000Additions$427,000Total$658,000
Tax Record2024$6,999 ($583 / month)
Home Facts
Beds4Baths2Total Finished SqFt3,270 SqFtAbove Ground SqFt2,180 SqFtFinished Basement SqFt1,090 SqFtStories1Lot Size9,702 SqFtStyleSingle Family ResidenceYear Built1962ZoningNR1CountyKINGAPN126270-0040Fireplace TypeHas Fireplace

Schools near 5162 South Wallace Street

This home is within Seattle Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 8
Rating
School
Distance
Rainier View
PublicPK to 5

Aki Kurose Middle School
Public6 to 8

Rainier Beach High School
Public9 to 12

The New School At South Shore
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

5162 South Wallace Street is a single family home for sale in Seattle, WA 98178. This property was listed for sale on March 20, 2026 by Realty One Group Orca, it's currently listed at $720,000. It has been on the market for a total of 34 days and was last sold on November 7, 2014. This listing's school district is Seattle Public Schools. Nearby schools include Rainier View, Aki Kurose Middle School and Rainier Beach High School. 5162 South Wallace Street is a 4-bed, 2-bath, 2,184 sqft single family home built in 1962.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Realty One Group Orca

Based on information submitted to the MLS GRID as of 04/06/2026 12:12 PM. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information 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. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.