Listed by Redfin, Bought with Every Door Real Estate
NOT LISTED FOR SALE

Estimated Value: $434,862 - $647,000

1 Bed
1 Bath
762 Sq Ft
$526/mo HOA Fee

Last Sold December 12, 2019

Last sale price $450,000 $591 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,478/month

40 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • 0.85 Acre Lot
  • John Hay Elementary School Rated A
  • City View
  • Property is near public transit

About This Home

As of December 2019

Spacious 1 bedroom condo in South Lake Union next to Amazon & Facebook with an easy commute to downtown. Fully updated kitchen with gas range, granite, and stainless. Updated bathroom, fresh paint, plantation shutters, in-unit washer/dryer, 9ft ceilings, in-floor heat, fireplace, & two balconies. Two parking spaces, no rental cap, pet-friendly, clubhouse, gym, and rooftop deck with amazing views! HOA dues include W/S/G, internet, & gas. 89 Walkscore.

Last Agent to Sell the Property

Forrest Moody

Redfin License #26642 Listed on: 10/24/2019

Redfin

Last Buyer's Agent

Every Door Real Estate

Every Door Real Estate License #26691

Every Door Real Estate

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1533956

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,754

Year Built

  • Built in 1999

Lot Details

  • 0.85

HOA Fees

  • $526 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Flat Roof Shape
  • Stucco

Interior Spaces

  • 762 Sq Ft Home
  • Gas Fireplace
  • Insulated Windows

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Electric Dryer
  • Washer

Outdoor Features

Location

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

Utilities

  • Natural Gas Connected
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0195500120

Community Details

Overview

  • Association fees include cable TV, central hot water, common area maintenance, garbage, lawn service, water/sewer
  • 62 Units
  • Secondary HOA Phone (206) 726-0878
  • Alterra Condos
  • South Lake Union Subdivision
  • Park Phone (206) 726-0878 | Manager Pacific Rim Invest. & Mgmt
  • 6-Story Property

Amenities

  • Game Room
  • Recreation Room
  • Elevator

Recreation

  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,754

Year Built

Built in 1999

Lot Details

0

HOA Fees

$526 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 1999
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Microwave,RangeOven,Refrigerator,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Alterra
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 762
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 1
  • UnitFeatures: Balcony/Deck/Patio,Insulated Windows,Walk-in Closet
  • SOCComments: SOC=Commission Paid To Buyer's Brokerage
  • Special Features: None

Interior Features

  • Fireplaces: 1
  • Appliances: Dryer, Washer
  • Full Bathrooms: 1
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Carpet
  • Interior Amenities: Ceramic Tile, Cooking-Gas, Dryer-Electric, Washer, Water Heater
  • Main Level Bedrooms: 1
  • Stories: 6
  • Bathrooms: 1
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • FloorNumberOfUnit: 4
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Microwave,Range/Oven,Refrigerator,Washer

Exterior Features

  • Roof: Flat
  • View: City
  • Lot Features: Curbs, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Stucco
  • Structure Type: Multi Family
  • BusLineNearby: true
  • BusRouteNumber: 5,26,28,62

Garage/Parking

  • Carport Y N: No
  • Garage Yn: Yes
  • Total Parking Spaces: 2
  • ParkingSpaceNumbers: 7 & 16

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Security: Security Gate
  • Heating Yn: Yes
  • Utilities: Natural Gas Connected, Garbage, Water/Sewer
  • ApplianceHookups: Cooking-Gas,Dryer-Electric,Washer
  • WaterHeaterLocation: Balcony closet
  • WaterHeaterType: Gas

Condo/Co-op/Association

  • Community Features: Cable TV, Elevator, Exercise Room, Game/Rec Rm, Hot Tub, Lobby Entrance, Outside Entry, See Remarks
  • Park Manager Name: Pacific Rim Invest. & Mgmt
  • Park Manager Phone: 206-726-0878
  • Association Fee: 526
  • Association Fee Frequency: Monthly
  • Phone: 206-726-0878
  • Pets Allowed: Yes
  • CoOp: false
  • CommonPropertyFeatures: Cable TV,Elevator,Exercise Room,Game/Rec Rm,Hot Tub,Lobby Entrance,Outside Entry,Security Gate,See Remarks

Fee Information

  • Association Fee Includes: Cable TV, Central Hot Water, Common Area Maintenance, Garbage, Lawn Service, Water/Sewer

Schools

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

Lot Info

  • Parcel Number: 0195500120
  • Lot Size Acres: 0.8485
  • Lot Size Sq Ft: 36960
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: Realist - Buyer to verify
  • MLSSquareFootageSource: Realist - Buyer to Verify

Green Features

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

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2019
  • Tax Annual Amount: 3754

Multi Family

  • Number Of Units In Community: 62

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2019
Closed on
Dec 11, 2019
Sold by
Schwannecke Edward
Bought by
Ai Jiang and Zeng Dian
Seller's Agent
Forrest Moody
Redfin
Buyer's Agent
Every Door Real Estate
Every Door Real Estate
List Price
$450,000
Sold Price
$450,000
Current Estimated Value
$498,716

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,716
Avg. Annual Appreciation
1.76%

Purchase Details

Listed on
Jul 14, 2017
Closed on
Aug 4, 2017
Sold by
Lewis Jeffrey and Lewis Claire
Bought by
Schwannecke Edward
Seller's Agent
Suzanne Charnos
Windermere Real Estate Midtown
Buyer's Agent
Thomas Boguch
COMPASS
List Price
$415,000
Sold Price
$415,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.52%
Original Mortgage
$407,483
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 17, 2014
Closed on
Mar 20, 2015
Sold by
Fannie Mae
Bought by
Lewis Jeffrey and Lewis Claire
Seller's Agent
Edward Huletz
Huletz Real Estate Group
Buyer's Agent
Daniel Renne
COMPASS
List Price
$300,000
Sold Price
$254,900
Premium/Discount to List
-$45,100
-15.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.62%
Original Mortgage
$242,150
Interest Rate
3.54%

Purchase Details

Closed on
Sep 23, 2014
Sold by
Vu Hein V and Nguyen Thao
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 25, 2013
Sold by
Vu Hien V and Nguyen Thao
Bought by
Alterra Condominium Owners Association

Purchase Details

Closed on
Dec 5, 2006
Sold by
Nabinger Jessica M
Bought by
Vu Hien and Nguyen Thao

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.32%

Purchase Details

Closed on
Mar 19, 2004
Sold by
Payne Douglas
Bought by
Nabinger Jessica M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,600
Interest Rate
2.67%

Purchase Details

Closed on
Apr 14, 2000
Sold by
First Wellington Guaranty Llc
Bought by
Payne Douglas T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,640
Interest Rate
8.26%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold 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 Buyer Sale Price Title Company
Ai Jiang $450,000 Wfg Natl Ttl Co Of Wa Llc
Schwannecke Edward $415,000 Chicago Title Company Of Wa
Lewis Jeffrey $254,900 Servicelink
Federal National Mortgage Association $314,752 1St Am
Alterra Condominium Owners Association $26,948 None Available
Vu Hien $300,000 Chicago Title
Nabinger Jessica M $197,000 Chicago Title
Payne Douglas T $182,000 Pacific Northwest Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schwannecke Edward $407,483
Previous Owner Lewis Jeffrey $242,150
Previous Owner Vu Hien $240,000
Previous Owner Nabinger Jessica M $157,600
Previous Owner Payne Douglas T $185,640
Closed Nabinger Jessica M $39,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/12/2019 12/12/19 Sold $450,000 0.0% $591 / Sq Ft
12/03/2019 12/03/19 Pending -- -- --
10/24/2019 10/24/19 For Sale $450,000 +8.4% $591 / Sq Ft
08/11/2017 08/11/17 Sold $415,000 0.0% $545 / Sq Ft View Prior Sale
07/20/2017 07/20/17 Pending -- -- --
07/14/2017 07/14/17 For Sale $415,000 +62.8% $545 / Sq Ft
03/24/2015 03/24/15 Sold $254,900 0.0% $292 / Sq Ft View Prior Sale
02/12/2015 02/12/15 Pending -- -- --
01/13/2015 01/13/15 Price Changed $254,900 -7.3% $292 / Sq Ft
12/11/2014 12/11/14 Price Changed $274,900 -8.4% $315 / Sq Ft
10/17/2014 10/17/14 For Sale $300,000 -- $344 / 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 $4,092 $429,000 $243,600 $185,400
2023 $3,606 $477,000 $243,600 $233,400
2022 $4,044 $428,000 $230,600 $197,400
2021 $4,222 $444,000 $230,600 $213,400
2020 $4,281 $441,000 $230,600 $210,400
2018 $3,507 $441,000 $206,700 $234,300
2017 $2,916 $357,000 $169,700 $187,300
2016 $2,584 $306,000 $108,700 $197,300
2015 $2,298 $264,000 $93,500 $170,500
2014 -- $240,000 $71,800 $168,200
2013 -- $179,000 $63,000 $116,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1533956

Northwest Multiple Listing Service (NWMLS)

APN: 019550-0120