NOT LISTED FOR SALE

1038 Washington Place E Seattle, WA 98112

Madison Park Neighborhood

Estimated Value: $1,821,697 - $2,518,000

3 Beds
1 Bath
2,599 Sq Ft
$855/Sq Ft Est. Value

Last Sold February 13, 2020

Last sale price $1,750,000 $673 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $12,986/month

12 Days on Market

Highlights

  • Golf Course View
  • Craftsman Architecture
  • Secluded Lot
  • McGilvra Elementary School Rated A
  • Deck
  • Wood Flooring

About This Home

As of February 2020

This luxurious 2 story home has you entering large custom French doors next to basalt column fountains. Walk into the wide open entry that pulls you into the custom kitchen & open living rooms. You will see high-end appliances, custom wood cabinets, custom lighting, maple hardwood floors & an epic built in Bose home theatre system throughout. Enjoy Broadmoor Golf Course views from a private street in Madison Park, next to the 260 acre Arboretum, with walking paths, playground & Japanese Garden.

Last Agent to Sell the Property

Ben Morton

Columbia Partners Real Estate License #101989 Listed on: 01/01/2020

Last Buyer's Agent

Brad Hinckley

COMPASS License #22003883

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1550880

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1997

Lot Details

  • Street terminates at a dead end
  • Partially Fenced Property
  • Secluded Lot
  • Corner Lot
  • Level Lot
  • Garden
  • Drought Tolerant Landscaping

Property Views

  • Golf Course
  • Territorial

Home Design

  • Craftsman Architecture
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite
  • Stone

Interior Spaces

  • 1 Bathroom
  • 1 Fireplace

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Concrete
  • Slate Flooring

Laundry

  • Dryer
  • Washer

Parking

  • Attached Garage
  • Off-Street Parking

Outdoor Features

  • Deck

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Madison Park Community

Listing and Financial Details

  • Assessor Parcel Number 5332200416

Home Details

Home Type

Single Family

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Architecture: Craftsman
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1997
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Built-In Vacuum, Dbl Pane/Storm Windw, Dining Room, French Doors, High Tech Cabling, Loft, Security System, Vaulted Ceilings, Walk-In Closet
  • Floor Covering: Concrete, Hardwood, Slate, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 3.00
  • Bathrooms: 2.25
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Den or Office: Main
  • Dining Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 2899
  • Square Footage Finished: 2599
  • Square Footage Unfinished: 290

Exterior Features

  • Exterior: Cement/Concrete, Stone, Wood, Wood Products
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Golf Course, Territorial

Garage/Parking

  • Parking Type: Garage-Attached, Off Street
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Central A/C, Forced Air, Heat Pump
  • Power Company: Seattle City Lights
  • Sewer: Sewer Connected
  • Sewer Company: City of Seattle
  • Water Company: City of Seattle
  • Water Heater: Under House-Tank
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Madison Park

Schools

  • School District: SEA

Lot Info

  • Lot Details: Alley, Corner Lot, Dead End Street, Drought Res Landscpe, Paved Street, Secluded
  • Lot Sq Ft: 3803
  • Lot Topography Vegetation: Garden Space, Level
  • Parcel Number: 5332200416
  • Zoning Jurisdiction: City
  • Lot Topography: Garden Space, Level

Tax Info

  • Tax Amount: 10415

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 1, 2020
Closed on
Feb 5, 2020
Sold by
Seppen Joseph and Boe Ryan Douglas
Bought by
Ricker Beverly C and Ricker Neil L
Seller's Agent
Ben Morton
Columbia Partners Real Estate
Buyer's Agent
Brad Hinckley
COMPASS
List Price
$1,699,980
Sold Price
$1,750,000
Premium/Discount to List
$50,020
2.94%
Current Estimated Value
$2,220,924

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$470,924
Avg. Annual Appreciation
4.09%
Original Mortgage
$1,312,500
Outstanding Balance
$1,151,245
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$1,069,679

Purchase Details

Closed on
Dec 26, 2007
Sold by
Seppen Joseph
Bought by
Seppen Joseph and Boe Ryan Douglas

Purchase Details

Closed on
Apr 23, 2004
Sold by
Paulsell Michael Loren and Paulsell Karen
Bought by
Seppen Joseph J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 9, 1998
Sold by
Paulsell Frederick O
Bought by
Paulsell Michael Loren and Paulsell Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.99%

Purchase Details

Closed on
Jan 9, 1997
Sold by
Jrj Development
Bought by
Paulsell Frederick O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Interest Rate
7.12%

Purchase Details

Closed on
Dec 10, 1996
Sold by
Paulsell Sherry D
Bought by
Paulsell Fred O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Interest Rate
7.12%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ricker Beverly C $1,750,000 Old Republic Title Ltd
Seppen Joseph -- None Available
Seppen Joseph J $750,000 Chicago Title
Paulsell Michael Loren $300,000 Pacific Northwest Title Co
Paulsell Frederick O $485,000 --
Paulsell Fred O -- Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ricker Beverly C $1,312,500
Previous Owner Seppen Joseph J $600,000
Previous Owner Paulsell Michael Loren $150,000
Previous Owner Paulsell Frederick O $388,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/13/2020 02/13/20 Sold $1,750,000 +2.9% $673 / Sq Ft
01/13/2020 01/13/20 Pending -- -- --
01/01/2020 01/01/20 For Sale $1,699,980 -- $654 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

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 $17,445 $1,833,000 $536,000 $1,297,000
2023 $15,711 $1,671,000 $500,000 $1,171,000
2022 $13,869 $1,872,000 $500,000 $1,372,000
2021 $12,763 $1,516,000 $405,000 $1,111,000
2020 $12,365 $1,321,000 $605,000 $716,000
2018 $11,155 $1,209,000 $619,000 $590,000
2017 $9,691 $1,128,000 $549,000 $579,000
2016 $9,387 $1,012,000 $480,000 $532,000
2015 $8,627 $958,000 $455,000 $503,000
2014 -- $901,000 $325,000 $576,000
2013 -- $796,000 $300,000 $496,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1550880

Northwest Multiple Listing Service (NWMLS)

APN: 533220-0416