Listed by Realogics Sotheby's Int'l Rlty, Bought with Windermere Real Estate Co.
NOT LISTED FOR SALE

Estimated Value: $295,691 - $332,000

1 Bed
1 Bath
460 Sq Ft
$274/mo HOA Fee

Last Sold August 04, 2022

Last sale price $310,000 $674 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,153/month

3 Days on Market

Highlights

  • Gated Community
  • City View
  • Elevator
  • Garfield High School Rated A
  • Corner Lot
  • 2-minute walk to Summit Slope Park

About This Home

As of August 2022

Situated in the prime location of Capitol Hill, this open-concept studio serves as an excellent investment opportunity, whether it’s to live-in full-time or rent out. An ample kitchen provides the space one needs for culinary excellence with an open concept to the living area. This studio floor plan lives large, complete with a full bathroom, walk-in closet, in-unit washer and dryer, and a Murphy bed that converts to a desk/table for remote work or studies. Enjoy close proximity to Capitol Hill amenities including restaurants, shops, entertainment and parks. Secured garage, low HOA, no rental cap, and two domestic pets permitted.

Last Agent to Sell the Property

Neda Perrina

Realogics Sotheby's Int'l Rlty License #25029399 Listed on: 07/19/2022

Realogics Sotheby's Int'l Rlty

Co-Listed By

Michele Schuler

Real Residential License #22014412

Last Buyer's Agent

Kayse Gundram

Windermere Real Estate Co. License #125275

Windermere Real Estate Co.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1970803

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,116

Year Built

  • Built in 2006

Lot Details

  • 10,280

HOA Fees

  • $274 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Common or Shared Parking

Property Views

  • Territorial

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Bitumen Roof
  • Wood Siding
  • Vinyl Construction Material

Interior Spaces

  • 460 Sq Ft Home
  • Insulated Windows
  • Blinds

Kitchen

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

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Electric Dryer
  • Washer

Home Security

Schools

  • Lowell Elementary School
  • Meany Mid Middle School
  • Garfield High School

Utilities

  • Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5470160180

Community Details

Overview

  • Association fees include common area maintenance, garbage, security, sewer, water
  • 48 Units
  • Kappes Miller Association
  • Secondary HOA Phone (425) 802-8181
  • Meritage Condo
  • Capitol Hill Subdivision
  • Park Phone (425) 802-8181 | Manager Kappes Miller
  • 7-Story Property

Amenities

  • Elevator

Pet Policy

  • Dogs and Cats Allowed

Security

  • Gated Community
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,116

Year Built

Built in 2006

Lot Details

0

HOA Fees

$274 per month

Parking

1

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
  • Building Name: Meritage Condo
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 460
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DwellingType: Attached
  • RemodeledUpdated: true
  • UnitFeatures: Insulated Windows,Walk-in Closet
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 1
  • Entry Location: Main
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet, Cooking-Gas, Dryer-Electric, Washer, Water Heater
  • Stories: 7
  • BathsFullMain: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Microwave,Refrigerator,Stove/Range,Washer
  • StorageLocation: Garage
  • WindowCoverings: Blinds

Exterior Features

  • Roof: Flat, Torch Down
  • View: City, Territorial
  • Lot Features: Corner Lot, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Brick, Metal/Vinyl, Wood
  • Structure Type: Multi Family
  • ViewFrom: See Remarks

Garage/Parking

  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Common Garage
  • Total Parking Spaces: 1

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Heating Yn: Yes
  • Utilities: Electricity Available, Natural Gas Connected, Common Area Maintenance, Garbage, See Remarks
  • HeatingCoolingType: Wall
  • ApplianceHookups: Cooking-Gas,Dryer-Electric,Washer
  • WaterHeaterLocation: Closet
  • WaterHeaterType: Gas

Condo/Co-op/Association

  • Community Features: Cable TV, Elevator, Fire Sprinklers, High Speed Int Avail, Lobby Entrance, Gated, See Remarks
  • Park Manager Name: Kappes Miller
  • Park Manager Phone: 425-802-8181
  • Senior Community: No
  • Association Fee: 274
  • Association Fee Frequency: Monthly
  • Phone: 425-802-8181
  • Association: Yes
  • Pets Allowed: Cats OK, Dogs OK
  • AssociationContactName: Kappes Miller
  • CommonPropertyFeatures: Cable TV,Elevator,Fire Sprinklers,High Speed Int Avail,Lobby Entrance,Security Gate,See Remarks

Fee Information

  • Association Fee Includes: Common Area Maintenance, Garbage, Security, See Remarks, Sewer, Water

Schools

  • Junior High Dist: Seattle
  • High School: Garfield High
  • Middle Or Junior School: Meany Mid

Lot Info

  • Parcel Number: 5470160180
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true

Green Features

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

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2021
  • Tax Annual Amount: 3116

Multi Family

  • Number Of Units In Community: 48
  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Lowell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2022
Closed on
Aug 1, 2022
Sold by
James Buckmelter Samuel and James Stephen A
Bought by
Schwab Mckenzie A
Seller's Agent
Neda Perrina
Realogics Sotheby's Int'l Rlty
Buyer's Agent
Kayse Gundram
Windermere Real Estate Co.
List Price
$315,000
Sold Price
$310,000
Premium/Discount to List
-$5,000
-1.59%
Current Estimated Value
$316,923

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,923
Avg. Annual Appreciation
0.65%
Original Mortgage
$287,911
Outstanding Balance
$275,900
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$41,023

Purchase Details

Listed on
Feb 6, 2020
Closed on
Mar 16, 2020
Sold by
Lantaff Warter Kelly L and Warter Gregg D
Bought by
Buckmelter Stephen A and Buckmelter Marsinah L
Seller's Agent
Jeanie Van Amen
John L. Scott, Inc.
Buyer's Agent
Anie Buckmelter
Realogics Sotheby's Int'l Rlty
List Price
$398,800
Sold Price
$365,500
Premium/Discount to List
-$33,300
-8.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.74%
Original Mortgage
$274,125
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 2007
Sold by
Bellevue Avenue Partners Llc
Bought by
Warter Gregg D and Lantaff Warter Kelly L

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
6.5%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Schwab Mckenzie A $310,000 Chicago Title
Buckmelter Stephen A $365,500 First American
Warter Gregg D $200,000 Pacific Nw Tit
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schwab Mckenzie A $287,911
Previous Owner Buckmelter Stephen A $274,125
Previous Owner Warter Gregg D $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/04/2022 08/04/22 Sold $310,000 -1.6% $674 / Sq Ft
07/22/2022 07/22/22 Pending -- -- --
07/19/2022 07/19/22 For Sale $315,000 -13.8% $685 / Sq Ft
03/25/2020 03/25/20 Sold $365,500 -8.4% $795 / Sq Ft View Prior Sale
02/24/2020 02/24/20 Pending -- -- --
02/06/2020 02/06/20 For Sale $398,800 -- $867 / 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 $2,677 $284,000 $52,500 $231,500
2023 $2,681 $304,000 $52,500 $251,500
2022 $2,881 $323,000 $52,500 $270,500
2021 $3,116 $320,000 $52,500 $267,500
2020 $3,594 $329,000 $52,500 $276,500
2018 $2,843 $354,000 $45,300 $308,700
2017 $2,351 $293,000 $46,600 $246,400
2016 $2,152 $250,000 $16,400 $233,600
2015 $1,870 $223,000 $16,400 $206,600
2014 -- $198,000 $16,400 $181,600
2013 -- $157,000 $16,400 $140,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1970803

Northwest Multiple Listing Service (NWMLS)

APN: 547016-0180