Listed by Windermere West Metro, Bought with Windermere RE/Capitol Hill,Inc
NOT LISTED FOR SALE

1388 Alki Ave SW Unit 402 Seattle, WA 98116

Alki Neighborhood

Estimated Value: $936,000 - $1,129,000

2 Beds
2 Baths
1,495 Sq Ft
$657/mo HOA Fee

Last Sold March 15, 2022

Last sale price $1,010,000 $676 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $6,868/month

Highlights

  • Views of a Sound
  • Wood Flooring
  • Elevator
  • Alki Elementary School Rated A-
  • 1 Fireplace
  • Balcony

About This Home

As of March 2022

Modern chic! Unobstructed panoramic view from 4th floor condo w/floor-to-ceiling windows at stunning Alki Beach Towers! Soak in spectacular sunrises & sunsets over Puget Sound & Olympic Mountains from the privacy of your living room, w/o telephone wires. The timeless floorplan w/view office, updated kit w/huge walk-in pantry & a roomy primary ste will delight you. This stylish condo is the perfect place for entertaining, w/wide-open space across living & dining area. Comfortable living is easy here w/a big laundry room, abundant storage in-unit + same-floor storage room, nice guest bedroom & 2 garage parking spots. A strong HOA keeps the building well maintained. Make this your year to move to Alki Beach! Aloha from Alki!

Last Agent to Sell the Property

Randie Stone

Windermere West Metro License #19165 Listed on: 02/10/2022

Windermere West Metro

Co-Listed By

Lisa Murphy

Best Choice Network LLC License #122472

Last Buyer's Agent

Erick Hazelton

Windermere RE/Capitol Hill,Inc License #71967

Windermere RE/Capitol Hill,Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1881622

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,176

Year Built

  • Built in 1995

Lot Details

  • 0.39

HOA Fees

  • $657 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Common or Shared Parking

Property Views

  • Views of a Sound
  • Mountain
  • Territorial

Home Design

  • Built-Up Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,495 Sq Ft Home
  • 1 Fireplace
  • Insulated Windows
  • French Doors

Kitchen

  • Gas Oven or Range
  • Stove
  • Microwave
  • Ice Maker
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Soaking Tub

Laundry

  • Electric Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Patio

Schools

  • Alki Elementary School
  • Madison Mid Middle School
  • West Seattle High School

Additional Features

  • West Facing Home
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number 0139100100

Community Details

Overview

  • Association fees include common area maintenance, earthquake insurance, garbage, gas, sewer, water
  • 20 Units
  • Terri Harle Association
  • Secondary HOA Phone (206) 937-4856
  • Alki Beach Towers Condos
  • Alki Subdivision
  • Park Phone (206) 937-4856 | Manager Terri Harle
  • 5-Story Property

Amenities

  • Elevator
  • Lobby

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,176

Year Built

Built in 1995

Lot Details

0

HOA Fees

$657 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 1995
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Microwave,Refrigerator,StoveRange,TrashCompactor,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Alki Beach Towers
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1495
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 0
  • RemodeledUpdated: true
  • UnitFeatures: Balcony/Deck/Patio,French Doors,Insulated Windows,Jetted/Soaking Tub,Primary Bath,Walk-in Closet
  • Special Features: None

Interior Features

  • Fireplaces: 1
  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Refrigerator, Stove/Range, Trash Compactor, Washer
  • Full Bathrooms: 2
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Laminate, Carpet
  • Interior Amenities: Ceramic Tile, Hardwood, Laminate, Wall to Wall Carpet, Balcony/Deck/Patio, Cooking-Electric, Cooking-Gas, Dryer-Electric, Ice Maker, Washer, Water Heater
  • Main Level Bedrooms: 2
  • Stories: 5
  • Bathrooms: 2
  • BathsFullMain: 2
  • FireplacesMain: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • FloorNumberOfUnit: 4
  • StorageNo: 4B
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Microwave,Refrigerator,Stove/Range,Trash Compactor,Washer
  • StorageLocation: hallway
  • WindowCoverings: yes

Exterior Features

  • Roof: Built-Up
  • View: Mountain(s), Sound, Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Direction Faces: West
  • Exterior Features: Stucco, Wood
  • Structure Type: Multi Family
  • ViewFrom: Unit

Garage/Parking

  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Common Garage
  • Total Parking Spaces: 2
  • ParkingSpaceNumbers: 3, 7

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Heating Yn: Yes
  • Utilities: Electricity Available, Common Area Maintenance, Garbage
  • HeatingCoolingType: Wall
  • ApplianceHookups: Cooking-Electric,Cooking-Gas,Dryer-Electric,Ice Maker,Washer
  • WaterHeaterLocation: laundry room
  • WaterHeaterType: electric

Condo/Co-op/Association

  • Community Features: Elevator, Fire Sprinklers, Lobby Entrance
  • Park Manager Name: Terri Harle
  • Park Manager Phone: 206-937-4856
  • Senior Community: No
  • Association Fee: 657
  • Association Fee Frequency: Monthly
  • Phone: 206-937-4856
  • Association: Yes
  • Pets Allowed: Subj to Restrictions
  • Common Interest: Condominium
  • AssociationContactName: Terri Harle
  • CoOp: false
  • CommonPropertyFeatures: Elevator,Fire Sprinklers,Lobby Entrance

Fee Information

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

Schools

  • Junior High Dist: Seattle
  • High School: West Seattle High
  • Middle Or Junior School: Madison Mid

Lot Info

  • Parcel Number: 0139100100
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSSquareFootageSource: KCR

Green Features

  • Efficiency: Insulated Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2021
  • Tax Annual Amount: 7176

Multi Family

  • Number Of Units In Community: 20
  • EnergySource: Electric
  • UnitsInBuildingTotal: 20

MLS Schools

  • Elementary School: Alki

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2022
Closed on
Mar 8, 2022
Sold by
Sharon Wada
Bought by
Maier Kenneth G and Hazelton Erick R
Seller's Agent
Randie Stone
Windermere West Metro
Buyer's Agent
Erick Hazelton
Windermere RE/Capitol Hill,Inc
List Price
$965,000
Sold Price
$1,010,000
Premium/Discount to List
$45,000
4.66%
Current Estimated Value
$1,044,698

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,698
Avg. Annual Appreciation
0.94%

Purchase Details

Closed on
Mar 30, 2011
Sold by
Moll David
Bought by
Wada Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2000
Sold by
King Roger M and Suzanne King K
Bought by
Berrisford Charles and Moll David

Purchase Details

Closed on
Jun 18, 1996
Sold by
Hoy Management & Investment Inc
Bought by
King Roger M and Suzanne King K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
6.25%
Source: Public Records

Range of Values:

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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
Maier Kenneth G $1,010,000 Chicago Title
Wada Sharon $599,000 Chicago Title
Berrisford Charles $475,000 Chicago Title Insurance Co
King Roger M $321,500 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wada Sharon $417,000
Previous Owner King Roger M $255,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2022 03/15/22 Sold $1,010,000 +4.7% $676 / Sq Ft
02/12/2022 02/12/22 Pending -- -- --
02/10/2022 02/10/22 For Sale $965,000 -- $645 / 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 $8,782 $936,000 $230,300 $705,700
2023 $7,299 $997,000 $230,300 $766,700
2022 $7,633 $880,000 $230,300 $649,700
2021 $7,176 $848,000 $214,900 $633,100
2020 $6,820 $756,000 $211,100 $544,900
2018 $7,549 $833,000 $191,900 $641,100
2017 $6,537 $778,000 $153,500 $624,500
2016 $6,229 $696,000 $153,500 $542,500
2015 $5,613 $649,000 $145,800 $503,200
2014 -- $598,000 $138,200 $459,800
2013 -- $594,000 $115,100 $478,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1881622

Northwest Multiple Listing Service (NWMLS)

APN: 013910-0100