NOT LISTED FOR SALE

Estimated Value: $303,000 - $515,000

1 Bed
1 Bath
591 Sq Ft
0.39 Acres

Last Sold September 29, 2015

Last sale price $243,000 $411 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $2,340/month

21 Days on Market

Highlights

  • Views of a Sound
  • 3-minute walk to University Street
  • Wood Flooring
  • Garfield High School Rated A
  • Traditional Architecture
  • 4-minute walk to Waterfront Park

About This Home

As of September 2015

Own a rare piece of the NW at the historic Grand Pacific Hotel. West facing true 1BR plus add'l loft space & private indoor patio space. Unit is ideal for DT living or a pied-a-terre. Mins to the Pike Place Market, Pacific Place, Amazaon, Pioneer Square/Stadiums, SAM, improving waterfront district. Unit include: partial views of Elliott Bay, West Seattle, Bainbridge Island, & the Olympics. Genuine hardwood floors throughout, custom built-in cabinetry & shelving, dedicated storage unit in bldg.

Last Agent to Sell the Property

Steven Lieu

Windermere Real Estate/East License #80612 Listed on: 07/31/2015

Windermere Real Estate/East

Last Buyer's Agent

Jerad Thysens

WeLakeside License #114545

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM827876

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,402

Year Built

  • Built in 1902

Lot Details

  • 0.39

Parking

  • Off-Street Parking

Property Views

  • Views of a Sound
  • Limited Views

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Bitumen Roof

Interior Spaces

  • 4-Story Property

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Listing and Financial Details

  • Assessor Parcel Number 1697500230

Community Details

Overview

  • 37 Units
  • Downtown Community

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,402

Year Built

Built in 1902

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 30 - Condo (1 Level)
  • Architecture: Traditional
  • Unit Floor Number: 2
  • Year Built: 1902
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Ceramic Tile, Hardwood
  • Remodeled: Y
  • Remodeled Updated: Y
  • Appliance Hookups: Cooking-Electric
  • Appliances That Stay: Dishwasher, Garbage Disposal, Microwave, Range/Oven, Refrigerator
  • Bedrooms: 1.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 1.00
  • Total Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 591

Exterior Features

  • Exterior: Brick, Cement/Concrete
  • Roof: Torch Down
  • View: Partial, Sound

Garage/Parking

  • Parking Type: Off Street

Utilities

  • Heating And Cooling: Baseboard

Condo/Co-op/Association

  • Numberof Units in Building: 37
  • Numberof Units In Complex: 37
  • HOA Fees: 509
  • Community Name: Downtown
  • Project: Colonial Grand Pacific
  • Cats And Dogs: No Restrictions
  • Manager Contact Information: Georgianna (206) 706-8000
  • Common Property Features: Athletic Court, Elevator, Fire Sprinklers, Laundry Room, Lobby Entrance
  • Home Owner Dues Included: Earthquake Ins., Garbage, Water/Sewer, Common Area Maintenance
  • Unit Features: Balcony/Deck/Patio

Schools

  • Elementary School: Hay
  • Middle School: Mc Clure Mid
  • High School: Garfield High
  • School District: SEA

Lot Info

  • Lot Details: Sidewalk
  • Parcel Number: 1697500230

Tax Info

  • Tax Amount: 2423

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2015
Closed on
Oct 27, 2015
Sold by
Stein James Russell
Bought by
Stein James Russell and Photangtham Watcharin Henry
Seller's Agent
Steven Lieu
Windermere Real Estate/East
Buyer's Agent
Jerad Thysens
WeLakeside
List Price
$265,000
Sold Price
$243,000
Premium/Discount to List
-$22,000
-8.3%
Current Estimated Value
$385,631

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,631
Avg. Annual Appreciation
5.01%
Original Mortgage
$153,000
Outstanding Balance
$121,771
Interest Rate
3.9%
Mortgage Type
Commercial
Estimated Equity
$269,888

Purchase Details

Listed on
Jul 31, 2015
Closed on
Sep 3, 2015
Sold by
Salpeter Isaac A and Mann Sarah J
Bought by
Stein James
Seller's Agent
Steven Lieu
Windermere Real Estate/East
Buyer's Agent
Jerad Thysens
WeLakeside
List Price
$265,000
Sold Price
$243,000
Premium/Discount to List
-$22,000
-8.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Outstanding Balance
$121,771
Interest Rate
3.9%
Mortgage Type
Commercial
Estimated Equity
$269,888

Purchase Details

Closed on
Aug 21, 2012
Sold by
The Colonial Grand Pacific Owners Associ
Bought by
State Of Washington

Purchase Details

Closed on
Mar 14, 2006
Sold by
Markey Craig G
Bought by
Salpeter Isaac A and Mann Sarah J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,000
Interest Rate
6.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 19, 2005
Sold by
Sarrocco Nicole D
Bought by
Markey Craig G

Purchase Details

Closed on
Jul 15, 2002
Sold by
Markey Craig
Bought by
Markey Craig and Sarroco Nicole D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,200
Interest Rate
6.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 11, 1997
Sold by
Bierbaum Brent D
Bought by
Markey Craig

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,500
Interest Rate
7.66%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 21, 1995
Sold by
Connor Kathleen
Bought by
Bierbaum Brent D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
9.23%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 16, 1993
Sold by
Rand Pacific Ltd Partnership
Bought by
Connor Kathleen
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Stein James Russell -- None Available
Stein James $243,000 Ticor National
State Of Washington $139,000 Rainier Title
Salpeter Isaac A $295,000 Rainier Title
Markey Craig G -- --
Markey Craig -- First American Title Ins Co
Markey Craig $116,900 First American Title Ins Co
Markey Craig -- First American Title Ins Co
Bierbaum Brent D $103,000 Commonwealth Land Title
Connor Kathleen $102,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stein James $153,000
Previous Owner Salpeter Isaac A $59,000
Previous Owner Salpeter Isaac A $236,000
Previous Owner Markey Craig $90,200
Previous Owner Markey Craig $93,500
Previous Owner Bierbaum Brent D $78,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2015 09/29/15 Sold $243,000 -8.3% $411 / Sq Ft
08/22/2015 08/22/15 Pending -- -- --
07/31/2015 07/31/15 For Sale $265,000 -- $448 / 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 $2,402 $336,000 $305,900 $30,100
2023 $2,586 $367,000 $305,900 $61,100
2022 $2,845 $308,000 $267,600 $40,400
2021 $3,335 $313,000 $267,600 $45,400
2020 $3,912 $350,000 $267,600 $82,400
2018 $2,987 $388,000 $235,700 $152,300
2017 $2,840 $306,000 $210,300 $95,700
2016 $2,718 $301,000 $184,800 $116,200
2015 $2,423 $281,000 $165,600 $115,400
2014 -- $256,000 $152,900 $103,100
2013 -- $180,000 $127,400 $52,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM827876

Northwest Multiple Listing Service (NWMLS)

APN: 169750-0230