Seller's Agent in 2022
Casey Price
Windermere Corporate
(425) 446-1892
1 in this area
192 Total Sales
Listed by Windermere Real Estate/M2, LLC, Bought with RE/MAX Northwest
Watermark Tower 1107 1st Ave Unit 1508 Seattle, WA 98101
Downtown Seattle NeighborhoodEstimated Value: $483,861 - $612,000
1
Bed
1
Bath
782
Sq Ft
$894/mo
HOA Fee
Highlights
- Views of a Sound
- 4-minute walk to University Street
- Rooftop Deck
- Garfield High School Rated A
- Fitness Center
- 5-minute walk to Waterfront Park
About This Home
As of July 2022Beautiful & spacious 1 bedroom/1 bath in heart of downtown, located centrally between Seattle Waterfront, Pike Market & Pioneer Square. Fully renovated 15th floor luxury unit offers gourmet kitchen with granite counters, SS appliances, + wine fridge. The open floor plan has spacious living & dining rooms, abundant natural light, hardwood floors, ample laundry room, and private West-facing deck with gorgeous Sound/City views. The highly sought Watermark Condos offer an amazing roof top terrace, fitness center, sauna & community room and is steps from ferries, Pike Place Market, stadiums & light rail. 1 secure garage parking space and storage unit included & w/s/g & basic cable expenses. Building amenities on 6th floor. Must see!
Last Agent to Sell the Property
Windermere Real Estate/M2, LLC License #96386 Listed on: 06/01/2022
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 1940024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,052
Year Built
- Built in 1983
Lot Details
- 0.3
HOA Fees
- $894 Monthly HOA Fees
Parking
- 1 Car Garage
- Common or Shared Parking
Property Views
Home Design
- 782 Sq Ft Home
- Flat Roof Shape
Kitchen
- Electric Oven or Range
- Stove
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Slate Flooring
Bedrooms and Bathrooms
- 1 Main Level Bedroom
- 1 Full Bathroom
Laundry
- Electric Dryer
- Washer
Outdoor Features
- Balcony
- Patio
Utilities
- Central Air
- Heat Pump System
- Water Heater
- High Speed Internet
- Cable TV Available
Additional Features
- North Facing Home
- Property is near public transit and bus stop
Listing and Financial Details
- Assessor Parcel Number 9197200690
Community Details
Overview
- Association fees include central hot water, common area maintenance, earthquake insurance, garbage, sewer, water
- 92 Units
- Joel Jansen Association
- Secondary HOA Phone (206) 622-2670
- Watermark Tower Condos
- Downtown Subdivision
- Park Phone (206) 622-2670 | Manager Joel Jansen
- 22-Story Property
Amenities
- Rooftop Deck
- Game Room
- Recreation Room
- Elevator
- Lobby
Recreation
Pet Policy
- Call for details about the types of pets allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 1, 2022
Closed on
Jul 18, 2022
Sold by
Trause Thomas D
Bought by
Fort Annabelle and Fort Madeline
Seller's Agent
Casey Price
Windermere Real Estate/M2, LLC
Buyer's Agent
Catherine Olive
RE/MAX Northwest
List Price
$600,000
Sold Price
$535,000
Premium/Discount to List
-$65,000
-10.83%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,620
Avg. Annual Appreciation
0.09%
Purchase Details
Closed on
Mar 1, 2016
Sold by
Trause Paul and Trause Mary Anne
Bought by
Trause Thomas D
Purchase Details
Closed on
Jan 3, 2013
Sold by
The Watermark Tower Association Of Apart
Bought by
State Of Washington
Purchase Details
Closed on
May 5, 1995
Sold by
Blatt Joel M
Bought by
Trause Paul K and Trause Mary Anne
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
8.51%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Fort Annabelle | $535,000 | Commonwealth Land Title | |
| Trause Thomas D | $462,000 | Fidelity Natio | |
| State Of Washington | -- | Accommodation | |
| State Of Washington | -- | Accommodation | |
| Trause Paul K | $166,000 | Stewart Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Trause Paul K | $70,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/27/2022 07/27/22 | Sold | $535,000 | -7.0% | $684 / Sq Ft |
| 07/05/2022 07/05/22 | Pending | -- | -- | -- |
| 06/15/2022 06/15/22 | Price Changed | $575,000 | -4.2% | $735 / Sq Ft |
| 06/01/2022 06/01/22 | For Sale | $600,000 | -- | $767 / Sq Ft |
Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
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 | $4,649 | $500,000 | $93,300 | $406,700 |
| 2023 | $4,074 | $532,000 | $93,300 | $438,700 |
| 2022 | $4,309 | $496,000 | $81,700 | $414,300 |
| 2021 | $5,052 | $483,000 | $81,700 | $401,300 |
| 2020 | $5,643 | $538,000 | $81,700 | $456,300 |
| 2018 | $4,709 | $535,000 | $71,900 | $463,100 |
| 2017 | $4,470 | $489,000 | $64,200 | $424,800 |
| 2016 | $3,928 | $480,000 | $56,400 | $423,600 |
| 2015 | $3,886 | $411,000 | $50,500 | $360,500 |
| 2014 | -- | $416,000 | $46,600 | $369,400 |
| 2013 | -- | $369,000 | $38,900 | $330,100 |
Source: Public Records
Agents Affiliated with this Home
-
Casey Price
-
Merrick Rutledge
Seller Co-Listing Agent in 2022
Merrick Rutledge
Windermere Corporate
(425) 346-9844
1 in this area
144 Total Sales
-
Catherine Olive
C
Buyer's Agent in 2022
Catherine Olive
RE/MAX Professionals
(360) 951-2295
1 in this area
13 Total Sales
About Watermark Tower
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 1940024
APN: 919720-0690
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID
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