Listed by COMPASS, Bought with COMPASS
NOT LISTED FOR SALE

Estimated Value: $831,000 - $1,301,867

3 Beds
2.5 Baths
2,540 Sq Ft
$3,088/mo HOA Fee

Last Sold June 30, 2023

Last sale price $650,000 $256 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $9,317/month

73 Days on Market

Highlights

  • Views of a Sound
  • Unit is on the top floor
  • Gated Community
  • Garfield High School Rated A
  • Penthouse
  • 2-minute walk to First Hill Park

About This Home

As of June 2023

Centrally located First Hill penthouse suite with walls of windows showcasing panoramic city, lake, mountain, and sound views. BUYER BONUS: first 12-months of HOA dues pre-paid by seller! Attractively discounted to $344/sf to compensate for higher dues; other condos in First Hill and Capitol Hill are priced at $743/sf on average. Over 2500 sf of living space, with 3 bedrooms, 2.5 baths, office, and 4 view decks. PLUS, a large studio, perfect as a home office, fitness room, or art studio. Conveniently located First Hill neighborhood close to shops and restaurants in both Capitol Hill and Downtown. Whole Foods, Seattle University, and Frye Art Museum. Walk Score 99, Transit Score 98. Not only a wonderful new home, but also an excellent value.

Last Agent to Sell the Property

Brad Hinckley

COMPASS License #22003883 Listed on: 04/05/2023

COMPASS

Last Buyer's Agent

Wes Gardner

COMPASS License #134313

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2046856

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,919

Year Built

  • Built in 1980

Lot Details

  • End Unit

HOA Fees

  • $3,088 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Common or Shared Parking

Property Views

  • Views of a Sound
  • Lake
  • Mountain
  • Territorial

Home Design

  • Penthouse
  • Contemporary Architecture
  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 2,540 Sq Ft Home
  • Insulated Windows

Kitchen

  • Electric Oven or Range
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Electric Dryer
  • Washer

Outdoor Features

  • Balcony
  • Patio

Location

  • Unit is on the top floor
  • Property is near public transit

Schools

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

Utilities

  • Baseboard Heating
  • Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Down Payment Assistance Available
  • Assessor Parcel Number 8600300550

Community Details

Overview

  • Association fees include common area maintenance, earthquake insurance, garbage, sewer, water
  • 56 Units
  • Dillon Kreider (Cwd Group) Association
  • Secondary HOA Phone (206) 706-8000
  • 1300 University St Condos
  • First Hill Subdivision
  • Park Phone (206) 706-8000 | Manager Dillon Kreider (CWD Group)
  • 11-Story Property

Amenities

  • Game Room
  • Recreation Room
  • Elevator
  • Lobby

Pet Policy

  • Dogs and Cats Allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,919

Year Built

Built in 1980

Lot Details

0

HOA Fees

$3,088 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 1980
  • Inclusions: Dishwasher,Dryer,Microwave,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Contemporary
  • Building Name: 1300 University St
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 2540
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 0
  • UnitFeatures: Balcony/Deck/Patio,End Unit,Insulated Windows,Penthouse,Primary Bath,Top Floor
  • Special Features: VirtualTour
  • Cumulative Days on Market: 832

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate, Carpet
  • Interior Amenities: Ceramic Tile, Laminate Hardwood, Wall to Wall Carpet, Balcony/Deck/Patio, Cooking-Electric, Dryer-Electric, Washer, Water Heater
  • Main Level Bedrooms: 3
  • Stories: 11
  • Bathrooms: 2.5
  • BathsFullMain: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • FloorNumberOfUnit: 11
  • StorageNo: 11d
  • AppliancesIncluded: Dishwasher,Dryer,Microwave,Refrigerator,Stove/Range,Washer
  • StorageLocation: Garage (Level A)

Exterior Features

  • Roof: Flat
  • View: City, Lake, Mountain(s), See Remarks, Sound, Territorial
  • Lot Features: Corner Lot, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Brick, Cement/Concrete
  • Structure Type: Multi Family
  • BusLineNearby: true
  • ViewFrom: See Remarks,Unit
  • BusRouteNumber: 7,9,11,12,49,Link

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Common Garage
  • Total Parking Spaces: 1
  • ParkingSpaceNumbers: 11d

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • ApplianceHookups: Cooking-Electric,Dryer-Electric,Washer
  • WaterHeaterLocation: Closet
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Community Features: Cable TV, Elevator, Game/Rec Rm, High Speed Int Avail, Lobby Entrance, Gated
  • Park Manager Name: Dillon Kreider (CWD Group)
  • Park Manager Phone: 206-706-8000
  • Senior Community: No
  • Association Fee: 3088
  • Association Fee Frequency: Monthly
  • Phone: 206-706-8000
  • Association: Yes
  • Pets Allowed: Cats OK, Dogs OK, Subj to Restrictions
  • AssociationContactName: Dillon Kreider (CWD Group)
  • CoOp: false
  • CommonPropertyFeatures: Cable TV,Elevator,Game/Rec Rm,High Speed Int Avail,Lobby Entrance,Security Gate

Fee Information

  • Association Fee Includes: Common Area Maintenance, Earthquake Insurance, Garbage, Sewer, Water

Schools

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

Lot Info

  • Parcel Number: 8600300550
  • Lot Size Acres: 0.3445
  • Lot Size Sq Ft: 15005
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: King County Records
  • MLSSquareFootageSource: Realist.com

Green Features

  • Efficiency: Insulated Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • RentalCap: At or above Rental Cap (See Remarks)
  • ShortTermRentalYN: false

Tax Info

  • Year: 2023
  • Tax Annual Amount: 8919.45

Multi Family

  • Number Of Units In Community: 56
  • EnergySource: Electric
  • UnitsInBuildingTotal: 56

MLS Schools

  • Elementary School: Lowell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2023
Closed on
Jun 14, 2023
Sold by
Peaslee Richard C
Bought by
Peaslee Mary Dixon
Seller's Agent
Brad Hinckley
COMPASS
Buyer's Agent
Wes Gardner
COMPASS
List Price
$1,050,000
Sold Price
$650,000
Premium/Discount to List
-$400,000
-38.1%
Views
57
Current Estimated Value
$1,005,467

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$355,467
Avg. Annual Appreciation
33.55%

Purchase Details

Closed on
Sep 27, 2005
Sold by
1300 University 11D Llc
Bought by
Peaslee Richard C and Peaslee Mary D

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
5.24%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 8, 2003
Sold by
Wang Peter C C and Wang Grace I
Bought by
1300 University 11D Llc

Purchase Details

Closed on
Nov 20, 1995
Sold by
Adams Benjamin H and Adams Greta
Bought by
Wang Peter C C and Wang Grace L
Source: Public Records

Range of Values:

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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
Peaslee Mary Dixon -- None Listed On Document
Peaslee Richard C $895,000 First American
1300 University 11D Llc -- --
Wang Peter C C $232,500 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Peaslee Richard C $150,000
Previous Owner Peaslee Richard C $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2023 06/30/23 Sold $650,000 -25.7% $256 / Sq Ft
06/17/2023 06/17/23 Pending -- -- --
06/07/2023 06/07/23 Price Changed $875,000 -2.6% $344 / Sq Ft
05/10/2023 05/10/23 Price Changed $898,000 -14.5% $354 / Sq Ft
04/28/2023 04/28/23 For Sale $1,050,000 0.0% $413 / Sq Ft
04/21/2023 04/21/23 Pending -- -- --
04/05/2023 04/05/23 For Sale $1,050,000 -- $413 / 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 $8,114 $875,000 $690,200 $184,800
2023 $8,919 $1,189,000 $690,200 $498,800
2022 $10,238 $1,091,000 $690,200 $400,800
2021 $10,502 $1,153,000 $690,200 $462,800
2020 $10,306 $1,122,000 $690,200 $431,800
2018 $8,984 $1,357,000 $540,100 $816,900
2017 $8,761 $935,000 $480,100 $454,900
2016 $9,097 $943,000 $360,100 $582,900
2015 $9,545 $955,000 $330,100 $624,900
2014 -- $1,026,000 $300,000 $726,000
2013 -- $929,000 $258,000 $671,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2046856

Northwest Multiple Listing Service (NWMLS)

APN: 860030-0550