Listed by Coldwell Banker Bain, Bought with Ewing & Clark, Inc.
$1,600,000
SOLD JAN 29, 2025
2 Beds
2.5 Baths
1,562 Sq Ft
$1,555/mo HOA Fee

Recently Sold

$1,024 Per Sq Ft

9% Below List Price

180 Days on Market

Highlights

  • Ocean View
  • 5-minute walk to University Street
  • Rooftop Deck
  • Garfield High School Rated A
  • Fitness Center
  • Granite Flooring

About This Home

As of January 2025

Welcome home to Madison Tower Residences. One of 47 private residences located within the luxurious Hotel 1000 and perched high above 1st Ave on the coveted SW corner. With 2 BRs & 2.5 BA, a chef’s kitchen with Wolff & Sub Zero appliances -This beautiful home boasts 180 degree views spanning from Mt. Rainier to Pike Place Market. Feel like royalty with all of the hotel amenities at your fingertips; 24 hr. Concierge, 2 valet parking spots, fitness center & spa, golf simulator, event/meeting rooms, residence only roof top deck, dog relief area, lobby bar, restaurant & room service available. Pets allowed w/some restrictions. Experience unparalleled views of all things uniquely Seattle and downtown urban luxury living at its finest.

Last Agent to Sell the Property

Kim Miska

Coldwell Banker Bain License #108255 Listed on: 07/16/2024

Coldwell Banker Bain

Co-Listed By

Greta Geivett

Lake Cavanaugh Realty Inc. License #24011628

Last Buyer's Agent

Marie Dennis

Ewing & Clark, Inc. License #126734

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2265371

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,491

Year Built

  • Built in 2006

Lot Details

  • End Unit
  • West Facing Home
  • Sprinkler System

HOA Fees

  • $1,555 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Common or Shared Parking
  • Off-Street Parking

Property Views

  • Ocean
  • Views of a Sound
  • Bay
  • City
  • Mountain

Home Design

  • Flat Roof Shape

Interior Spaces

  • 1,562 Sq Ft Home
  • Gas Fireplace
  • Insulated Windows

Kitchen

  • Double Oven
  • Gas Oven or Range
  • Stove
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Stone
  • Granite
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • Soaking Tub

Laundry

  • Electric Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Patio

Location

  • Property is near public transit

Utilities

  • Forced Air Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5017300070

Community Details

Overview

  • Association fees include central hot water, common area maintenance, concierge, earthquake insurance, garbage, gas, sewer, water
  • 47 Units
  • Kay Rokusek/Athena Management Association
  • Secondary HOA Phone (206) 352-5830
  • Madison Tower Residences Condos
  • Downtown Subdivision
  • Park Phone (206) 352-5830 | Manager Kay Rokusek
  • Electric Vehicle Charging Station
  • 25-Story Property

Amenities

  • Rooftop Deck
  • Game Room
  • Recreation Room
  • Elevator
  • Lobby

Recreation

  • Fitness Center

Pet Policy

  • Dogs and Cats Allowed

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,491

Year Built

Built in 2006

Lot Details

0

HOA Fees

$1,555 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 2006
  • Buyer Agency Compensation: 2.5
  • Inclusions: Dishwasher(s),Double Oven,Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Madison Tower Residences
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1562
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 0
  • UnitFeatures: Balcony/Deck/Patio,End Unit,Insulated Windows,Jetted/Soaking Tub,Primary Bath,Sprinkler System,Walk-in Closet
  • NWM_ExcludedItemsYN: false
  • Special Features: None
  • Cumulative Days on Market: 271

Interior Features

  • Fireplaces: 1
  • Appliances: Dishwasher(s), Double Oven, Dryer(s), Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Granite, Hardwood, Stone, Carpet
  • Interior Amenities: Balcony/Deck/Patio, Ceramic Tile, Cooking-Gas, Dryer-Electric, Fireplace, Hardwood, Ice Maker, Wall to Wall Carpet, Washer
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 2
  • Stories: 25
  • Bathrooms: 2.5
  • BathsFullMain: 2
  • FireplacesMain: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • FloorNumberOfUnit: 16
  • StorageNo: 17
  • AppliancesIncluded: Dishwasher(s),Double Oven,Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • StorageLocation: B3 - By Service Elevator
  • WindowCoverings: Yes - Motorized Shades
  • NWM_NumberOfBathtubs: 2
  • NWM_NumberOfShowers: 2

Exterior Features

  • Roof: Flat
  • View: Bay, City, Mountain(s), Ocean, See Remarks, Sound
  • Lot Features: Alley, Corner Lot, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Direction Faces: West
  • Exterior Features: Cement/Concrete
  • Structure Type: Multi Family
  • BusLineNearby: true
  • ViewFrom: Rooftop Deck,Unit

Garage/Parking

  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Common Garage, Off Street
  • Total Parking Spaces: 2

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Central A/C, Forced Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes
  • ApplianceHookups: Cooking-Gas,Dryer-Electric,Ice Maker,Washer

Condo/Co-op/Association

  • Community Features: Cable TV, Electric Car Charging Station, Elevator, Exercise Room, Fire Sprinklers, Game/Rec Rm, High Speed Int Avail, Lobby Entrance, Rooftop Deck, See Remarks
  • Park Manager Name: Kay Rokusek
  • Park Manager Phone: 206-352-5830
  • Senior Community: No
  • Association Fee: 1555
  • Association Fee Frequency: Monthly
  • Phone: 206-352-5830
  • Association: Yes
  • Pets Allowed: Cats OK, Dogs OK, Subj to Restrictions
  • AssociationContactName: Kay Rokusek/Athena Management
  • CoOp: false
  • CommonPropertyFeatures: Cable TV,Electric Car Charging Station,Elevator,Exercise Room,Fire Sprinklers,Game/Rec Rm,High Speed Int Avail,Lobby Entrance,Rooftop Deck,See Remarks

Fee Information

  • Association Fee Includes: Central Hot Water, Common Area Maintenance, Concierge, Earthquake Insurance, Garbage, Gas, Sewer, Water
  • NWM_OtherDuesOrFeesYN: true

Schools

  • Junior High Dist: Seattle
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 5017300070
  • Lot Size Acres: 0.1106
  • Lot Size Sq Ft: 4819
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist

Green Features

  • Efficiency: Insulated Windows
  • Power Production Type: Electric, Natural Gas

Rental Info

  • RentalCap: No Rental Cap
  • ShortTermRentalYN: false

Tax Info

  • Year: 2024
  • Tax Annual Amount: 13490.77
  • AdditionalTaxIds: 501730007009

Multi Family

  • Number Of Units In Community: 47
  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 47

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2024
Closed on
Jan 24, 2025
Sold by
Geivett Joseph R and Geivett Gwen
Bought by
Spencer Rock Investments Llc
Seller's Agent
Kim Miska
Coldwell Banker Bain
Buyer's Agent
Marie Dennis
Ewing & Clark, Inc.
List Price
$1,760,000
Sold Price
$1,600,000
Premium/Discount to List
-$160,000
-9.09%
Total Days on Market
180
Views
117
Current Estimated Value
$1,591,042

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,958
Avg. Annual Appreciation
-1.69%

Purchase Details

Closed on
Jul 20, 2006
Sold by
Residences At Hotel 1000 Llc
Bought by
Wilkins Wallace
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,600,000 Chicago Title
Warranty Deed $1,140,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,177,500 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2025 01/29/25 Sold $1,600,000 -5.8% $1,024 / Sq Ft
01/12/2025 01/12/25 Pending -- -- --
09/19/2024 09/19/24 Price Changed $1,698,000 -3.5% $1,087 / Sq Ft
07/16/2024 07/16/24 For Sale $1,760,000 +12.1% $1,127 / Sq Ft
05/26/2022 05/26/22 Sold $1,570,000 -1.9% $1,005 / Sq Ft
04/07/2022 04/07/22 Pending -- -- --
02/11/2022 02/11/22 For Sale $1,599,900 -- $1,024 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $12,041 $1,301,000 $333,900 $967,100
2023 $13,491 $1,482,000 $333,900 $1,148,100
2022 $10,609 $1,443,000 $292,100 $1,150,900
2021 $11,628 $1,194,000 $292,100 $901,900
2020 $11,855 $1,242,000 $292,100 $949,900
2018 $11,735 $1,240,000 $257,300 $982,700
2017 $9,874 $1,222,000 $229,500 $992,500
2016 $8,808 $1,065,000 $74,400 $990,600
2015 $10,225 $926,000 $66,700 $859,300
2014 -- $1,100,000 $166,900 $933,100
2013 -- $956,000 $51,300 $904,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2265371

Northwest Multiple Listing Service (NWMLS)

APN: 501730-0070