Listed by John L. Scott, Inc., Bought with Coldwell Banker Bain
$1,570,000
SOLD MAY 26, 2022
2 Beds
2.5 Baths
1,562 Sq Ft
$1,445/mo HOA Fee

Recently Sold

$1,005 Per Sq Ft

2% Below List Price

Highlights

  • Views of a Sound
  • 5-minute walk to University Street
  • Rooftop Deck
  • Garfield High School Rated A
  • Fitness Center
  • Gated Community

About This Home

As of January 2025

Immerse yourself in 5-Star luxury living inside Madison Tower/Hotel 1000. A rare opportunity to be one of only 47 resident owners. A truly unique building. Perched high above on the 16th fl. the coveted SW corner view sweeps across the Sound, downtown, stadiums, port, Mt. Rainier, & Olympics. The practically unused chef’s kitchen w/Wolf & Sub-Zero appliances will inspire your culinary creativity. Primary bedroom features 5-piece bath, walk-in closet & more spectacular views! All rooms equipped w/surround sound. Guest suite w/full bath and sliding wall offers flexible use. 5-Star amenities include: housekeeping, room service, 24-hr gym, virtual golf, 24-hr concierge, rooftop deck w/pet area, 2 valet parking spots, & e-car charger available!

Last Agent to Sell the Property

Greg Willis

John L. Scott, Inc. License #118782 Listed on: 02/11/2022

John L. Scott, Inc.

Last Buyer's Agent

Kim Miska

Coldwell Banker Bain License #108255

Coldwell Banker Bain

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1888477

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,628

Year Built

  • Built in 2006

Lot Details

  • End Unit
  • Southeast Facing Home

HOA Fees

  • $1,445 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Common or Shared Parking

Property Views

  • Views of a Sound
  • Bay
  • City
  • Mountain

Home Design

  • Modern Architecture
  • Flat Roof Shape

Interior Spaces

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

Kitchen

  • Oven or Range
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Patio

Location

  • Property is near public transit
  • Property is near a bus stop

Utilities

  • Central Air
  • Heat Pump System
  • Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5017300070

Community Details

Overview

  • Association fees include cable TV, central hot water, common area maintenance, concierge, earthquake insurance, garbage, gas, sewer, water
  • Madison Tower/Hotel 1000 Condos
  • Downtown Subdivision
  • Park Phone (206) 352-5830 | Manager Kay Rokusek
  • 24-Story Property

Amenities

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

Recreation

  • Fitness Center
  • Community Spa

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Gated Community
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,628

Year Built

Built in 2006

Lot Details

0

HOA Fees

$1,445 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 2006
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Microwave,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Modern
  • Building Name: Madison Tower/Hotel 1000
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1562
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 0
  • UnitFeatures: Balcony/Deck/Patio,End Unit,Insulated Windows,Primary Bath,Walk-in Closet
  • Special Features: VirtualTour

Interior Features

  • Fireplaces: 1
  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Forced Air, Heat Pump, Central A/C, Ceramic Tile, Hardwood, Wall to Wall Carpet, Balcony/Deck/Patio, Water Heater
  • Main Level Bedrooms: 2
  • Stories: 24
  • 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
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Microwave,Refrigerator,Stove/Range,Washer

Exterior Features

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

Garage/Parking

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

Utilities

  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Electricity Available, Natural Gas Connected, Cable Connected, Common Area Maintenance, Garbage, See Remarks
  • HeatingCoolingType: Central A/C,Forced Air,Heat Pump
  • WaterHeaterType: Central

Condo/Co-op/Association

  • Community Features: Cable TV, Club House, Elevator, Exercise Room, Fire Sprinklers, Game/Rec Rm, High Speed Int Avail, Hot Tub, Lobby Entrance, Rooftop Deck, Gated, See Remarks
  • Park Manager Name: Kay Rokusek
  • Park Manager Phone: 206-352-5830
  • Senior Community: No
  • Association Fee: 1445
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Subj to Restrictions
  • CommonPropertyFeatures: Cable TV,Club Houses,Elevator,Exercise Room,Fire Sprinklers,Game/Rec Rm,High Speed Int Avail,Hot Tub,Lobby Entrance,Rooftop Deck,Security Gate,See Remarks

Fee Information

  • Association Fee Includes: Cable TV, Central Hot Water, Common Area Maintenance, Concierge, Earthquake Insurance, Garbage, Gas, See Remarks, Sewer, Water

Schools

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

Lot Info

  • Parcel Number: 5017300070
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSSquareFootageSource: Realist

Green Features

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

Rental Info

  • Furnished: Unfurnished
  • RentalCap: No Rental Cap

Tax Info

  • Year: 2021
  • Tax Annual Amount: 11628

Multi Family

  • 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%
Views
117
Current Estimated Value
$1,629,737

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,737
Avg. Annual Appreciation
2.87%

Purchase Details

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

Range of Values:

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List Price
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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: 1888477

Northwest Multiple Listing Service (NWMLS)

APN: 501730-0070