NOT LISTED FOR SALE

1388 Alki Ave SW Unit 301 Seattle, WA 98116

Alki Neighborhood

Estimated Value: $1,183,000 - $1,236,000

2 Beds
3 Baths
1,647 Sq Ft
$732/Sq Ft Est. Value

Last Sold April 20, 2023

Last sale price $1,150,000 $698 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $8,193/month

About This Home

As of April 2023

Wireless views of the Puget Sound, Olympic Mountains, Alki beach and boat activity. Spacious corner unit with two primary suites on the quiet side of the building plus an office/library with a view. Plenty of space for entertaining and weekend guests. Covered deck gets periodic visits from an eagle. New carpet, hardwood floors, interior paint, built in cabinets in living room, & fireplace surround. 2 steps down to living room, dining room. Full laundry room. Secure garage with two parking spaces with EV charging station. Walking to all that Alki has to offer or take the ferry downtown. Same floor storage for oversized sports equipment, bikes, luggage.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2022
Closed on
Apr 15, 2023
Sold by
Kim Min Jae
Bought by
Hosterman Michael P
Seller's Agent
Karen Lavallee
Windermere West Metro
Buyer's Agent
David Katt
Berkshire Hathaway HS NW
List Price
$1,200,000
Sold Price
$1,150,000
Premium/Discount to List
-$50,000
-4.17%
Views
9
Current Estimated Value
$1,206,217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,217
Avg. Annual Appreciation
1.43%

Purchase Details

Listed on
Feb 24, 2021
Closed on
Mar 19, 2021
Sold by
The Linda G Boudreau Revocable Trust
Bought by
Kim Min Jae
Seller's Agent
Randie Stone
Windermere West Metro
Buyer's Agent
So Rhee
JSL Real Estate LLC
List Price
$1,055,000
Sold Price
$1,000,000
Premium/Discount to List
-$55,000
-5.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.02%
Original Mortgage
$800,000
Interest Rate
2.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 9, 2020
Sold by
Boudreau Linda G and Boudreau Robert E
Bought by
Boudreau Linda G and The Linda G Boudreau Revocable

Purchase Details

Closed on
Jun 27, 1997
Sold by
Meik Dolores L and Meik David S
Bought by
Boudreau Robert E and Boudreau Linda G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
7.92%

Purchase Details

Closed on
Nov 13, 1995
Sold by
Hoy Management & Investment Inc
Bought by
Meik Dolores L and Meik David S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,950
Interest Rate
7.51%
Source: Public Records

Range of Values:

Collateral Analytics

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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
Hosterman Michael P $1,150,000 Cw Title
Kim Min Jae $1,000,000 Chicago Title
Boudreau Linda G -- None Available
Boudreau Robert E $345,000 Chicago Title Ins Co
Meik Dolores L $329,950 Transamerica Title Ins Compa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kim Min Jae $100,000
Previous Owner Kim Min Jae $800,000
Previous Owner Boudreau Robert E $232,210
Previous Owner Boudreau Linda G $125,000
Previous Owner Boudreau Robert E $360,000
Previous Owner Boudreau Linda $100,000
Previous Owner Boudreau Linda $375,000
Previous Owner Boudreau Robert E $386,000
Previous Owner Boudreau Robert E $310,000
Previous Owner Meik Dolores L $263,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2023 04/20/23 Sold $1,150,000 -4.2% $698 / Sq Ft
01/06/2023 01/06/23 Pending -- -- --
09/29/2022 09/29/22 For Sale $1,200,000 +20.0% $729 / Sq Ft
03/30/2021 03/30/21 Sold $1,000,000 -5.2% $607 / Sq Ft
03/01/2021 03/01/21 Pending -- -- --
02/24/2021 02/24/21 For Sale $1,055,000 -- $641 / Sq Ft

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 $9,279 $990,000 $244,700 $745,300
2023 $7,689 $1,056,000 $244,700 $811,300
2022 $8,004 $928,000 $244,700 $683,300
2021 $7,483 $890,000 $228,400 $661,600
2020 $7,143 $789,000 $224,300 $564,700
2018 $7,845 $874,000 $203,900 $670,100
2017 $6,916 $809,000 $163,100 $645,900
2016 $6,505 $737,000 $163,100 $573,900
2015 $6,049 $678,000 $155,000 $523,000
2014 -- $645,000 $146,800 $498,200
2013 -- $625,000 $122,300 $502,700
Source: Public Records

Agents Affiliated with this Home

  • Karen Lavallee

    Seller's Agent in 2023

    Karen Lavallee

    Windermere Corporate

    (206) 459-6737

    3 in this area

    38 Total Sales

    Karen Lavallee
    Section Image
  • Corinne Roed

    Seller Co-Listing Agent in 2023

    Corinne Roed

    Windermere Corporate

    (206) 355-3786

    3 in this area

    30 Total Sales

    Corinne Roed
    Section Image
  • David Katt

    Buyer's Agent in 2023

    David Katt

    Berkshire Hathaway HomeServices Northwest Real Estate

    (206) 650-0863

    3 in this area

    25 Total Sales

    David Katt
    Section Image
  • Randie Stone

    Seller's Agent in 2021

    Randie Stone

    Windermere Corporate

    (206) 852-8327

    33 in this area

    61 Total Sales

    Randie Stone
    Section Image

  • S

    Buyer's Agent in 2021

    So Rhee

    JSL Real Estate LLC

    (206) 694-3369

    1 in this area

    35 Total Sales

    So Rhee
    Section Image
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Map

Washington King County Seattle 98116 Alki

1388 Alki Ave SW Unit 301, Seattle, WA

This home is located at 1388 Alki Ave SW Unit 301, Seattle, WA 98116 and is currently estimated at $1,206,217, approximately $732 per square foot. 1388 Alki Ave SW Unit 301 is a home located in King County with nearby schools including Alki Elementary School, Madison Middle School, and West Seattle High School.

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.

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