Listed by Windermere RE/Capitol Hill,Inc, Bought with Skyline Properties, Inc.
NOT LISTED FOR SALE

1408 12th Ave Unit 302 Seattle, WA 98122

Capitol Hill Neighborhood

Estimated Value: $394,000 - $751,000

1 Bed
1 Bath
663 Sq Ft
11,326 Sq Ft Lot

Last Sold September 23, 2016

Last sale price $464,500 $701 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,065/month

6 Days on Market

Highlights

  • Territorial View
  • Garfield High School Rated A
  • Softwood Flooring

About This Home

As of September 2016

Built in 1919, the historic Trace Lofts building was converted to highly desirable condos in 2007. This west facing industrial unit features exposed iron beam ceilings, reclaimed fir wood floors, glass barn doors, large windows, a walk in closet, and sleek modern finishes. There is one designated parking space in the garage, a storage room, and fantastic shared roof top deck with panoramic views. Enjoy the restaurants, shops, and entertainment of Capitol Hill’s vibrant Pike/Pine neighborhood.

Last Agent to Sell the Property

Philip Heier

Windermere RE/Capitol Hill,Inc License #49773 Listed on: 08/10/2016

Windermere RE/Capitol Hill,Inc

Last Buyer's Agent

Kai Cheng

Skyline Properties, Inc. License #18538

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1012424

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1919

Lot Details

  • 0.26

Parking

  • Common or Shared Parking

Property Views

  • Territorial Views

Home Design

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

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Softwood
  • Wall to Wall Carpet

Laundry

  • Dryer
  • Washer

Listing and Financial Details

  • Assessor Parcel Number 8664950160

Community Details

Overview

  • 44 Units
  • Capitol Hill Community
  • 5-Story Property

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Condominium

Year Built

Built in 1919

Lot Details

0.26 Acres

Listing Details

  • Property Type: Condominium
  • Style: 30 - Condo (1 Level)
  • Architecture: Loft
  • Entrance Level: Main
  • Unit Floor Number: 3
  • Year Built: 1919
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Fir/Softwood, Wall To Wall Carpet
  • Appliance Hookups: Cooking-Gas, Dryer-Electric, Ice Maker, Washer
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • 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
  • Storage: 3rd Floor
  • Storage Number: 42
  • Estimated Sq Ft: 663
  • Window Coverings: Shades

Exterior Features

  • Exterior: Brick, Metal/Vinyl
  • Roof: Flat, Torch Down
  • View: Territorial

Garage/Parking

  • Numberof Assigned Spaces: 1
  • Parking Type: Common Garage
  • Parking Space Number: 47

Utilities

  • Heating And Cooling: Forced Air
  • Water Heater: Closet-Electric

Condo/Co-op/Association

  • Numberof Units in Building: 44
  • Numberof Units In Complex: 44
  • HOA Fees: 415
  • Community Name: Capitol Hill
  • Project: Trace Lofts
  • Cats And Dogs: Subj To Restrictions
  • Manager Contact Information: Kristina Eldredge (206) 538-2955
  • Common Property Features: Cable Tv, Disabled Access, Elevator, Fire Sprinklers, High Speed Int Avail, Lobby Entrance
  • Home Owner Dues Included: Earthquake Ins., Garbage, Water/Sewer, Common Area Maintenance
  • Unit Features: Disabled Access, Insulated Windows, Walk-In Closet

Schools

  • School District: SEA

Lot Info

  • Lot Details: Curbs, Paved Street, Sidewalk
  • Lot Sq Ft: 11456
  • Parcel Number: 8664950160

Rental Info

  • Monthly Rentif Rented: 2450

Tax Info

  • Tax Amount: 3656

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2016
Closed on
Sep 22, 2016
Sold by
Flanders Frank W
Bought by
Wu Brandon W
Seller's Agent
Philip Heier
Windermere RE/Capitol Hill,Inc
Buyer's Agent
Kai Cheng
Skyline Properties, Inc.
List Price
$450,000
Sold Price
$464,500
Premium/Discount to List
$14,500
3.22%
Current Estimated Value
$516,723

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,223
Avg. Annual Appreciation
1.13%
Original Mortgage
$371,600
Outstanding Balance
$297,010
Interest Rate
3.45%
Mortgage Type
Commercial
Estimated Equity
$219,713

Purchase Details

Closed on
Aug 28, 2007
Sold by
Trace Lofts Llc
Bought by
Flanders Frank W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,325
Interest Rate
10.5%
Mortgage Type
Commercial
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
Wu Brandon W $464,500 Cw Title Co
Flanders Frank W $408,142 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wu Brandon W $371,600
Previous Owner Flanders Frank W $367,325
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2016 09/23/16 Sold $464,500 +3.2% $701 / Sq Ft
08/17/2016 08/17/16 Pending -- -- --
08/10/2016 08/10/16 For Sale $450,000 -- $679 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

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 $4,507 $482,000 $111,200 $370,800
2023 $3,599 $472,000 $111,200 $360,800
2022 $3,984 $435,000 $92,100 $342,900
2021 $4,418 $444,000 $92,100 $351,900
2020 $4,949 $468,000 $87,900 $380,100
2018 $4,351 $527,000 $72,000 $455,000
2017 $3,873 $450,000 $68,800 $381,200
2016 $3,656 $414,000 $52,900 $361,100
2015 $3,340 $381,000 $39,100 $341,900
2014 -- $356,000 $33,800 $322,200
2013 -- $277,000 $28,600 $248,400
Source: Public Records

Agents Affiliated with this Home

  • Philip Heier

    Seller's Agent in 2016

    Philip Heier

    Windermere Corporate

    (206) 372-7445

    9 in this area

    76 Total Sales

    Philip Heier
    Section Image
  • Kai Cheng

    Buyer's Agent in 2016

    Kai Cheng

    Skyline Properties, Inc

    (425) 635-8972

    1 in this area

    59 Total Sales

    Kai Cheng
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1012424

Northwest Multiple Listing Service (NWMLS)

APN: 866495-0160

Washington King County Seattle 98122 Capitol Hill

1408 12th Ave Unit 302, Seattle, WA

Not Listed for Sale

Condos

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Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2026 NWMLS.
Based on information submitted to the MLS GRID

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