Listed by Windermere West Metro, Bought with RE/MAX Gateway
NOT LISTED FOR SALE

Estimated Value: $501,000 - $597,482

1 Bed
1 Bath
704 Sq Ft
0.26 Acres

Last Sold September 07, 2018

Last sale price $625,000 $888 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $3,413/month

5 Days on Market

Highlights

  • City View
  • Softwood Flooring
  • Dogs and Cats Allowed
  • Garfield High School Rated A
  • Corner Lot

About This Home

As of September 2018

Trace Lofts. Historic 1919 warehouse converted to stylish urban residences. A stunning blend of past and present combining industrial elements; steel, old growth beams and reclaimed Douglas Fir floors, with modern design; sleek cabinetry, stainless appliances, gas range & stone countertops. In the epicenter of the Pike/Pine corridor; incredible cafes, bars & restaurants, shopping and live music at your doorstep. Amazing rooftop view deck, parking & storage. No rental cap. Cats & Dogs ok.

Last Agent to Sell the Property

Marlow Harris

Windermere West Metro License #31570 Listed on: 07/25/2018

Windermere West Metro

Last Buyer's Agent

Tricia Jacobs

RE/MAX Gateway License #27534

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1335075

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,709

Year Built

  • Built in 2007

Lot Details

  • 0.26

Parking

  • Common or Shared Parking

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • Softwood Flooring
  • City Views

Kitchen

  • Oven or Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Listing and Financial Details

  • Assessor Parcel Number 8664950170

Community Details

Overview

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

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,709

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 30 - Condo (1 Level)
  • Architecture: Loft
  • Entrance Level: Main
  • Unit Floor Number: 3
  • Year Built: 2007
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Fir/Softwood
  • Remodeled: Y
  • Remodeled Updated: Y
  • Appliance Hookups: Cooking-Gas, Dryer-Electric, Washer
  • Appliances That Stay: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Bedrooms: 1.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 1.00
  • Total Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Dining Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Storage: 3rd Floor
  • Estimated Sq Ft: 704
  • Window Coverings: Shades

Exterior Features

  • Exterior: Brick
  • Roof: Flat
  • View: City

Garage/Parking

  • Numberof Assigned Spaces: 1
  • Parking Type: Common Garage
  • Parking Space Number: 220

Utilities

  • Heating And Cooling: Forced Air

Condo/Co-op/Association

  • Numberof Units in Building: 42
  • HOA Fees: 465
  • Community Name: Capitol Hill
  • Project: Trace Lots
  • Cats And Dogs: Cats Only, Dogs Only
  • Manager Contact Information: Madrona Services (206) 623-7662
  • Common Property Features: Cable Tv, Disabled Access, Elevator, High Speed Int Avail, Lobby Entrance
  • Home Owner Dues Included: Earthquake Ins., Garbage, Water/Sewer, Common Area Maintenance
  • Unit Features: Balcony/Deck/Patio, Disabled Access, Insulated Windows

Schools

  • School District: SEA

Lot Info

  • Lot Details: Corner Lot
  • Lot Sq Ft: 11456
  • Parcel Number: 8664950170

Tax Info

  • Tax Amount: 4542

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2018
Closed on
Sep 6, 2018
Sold by
Freeman K Robin K and Freeman Howard
Bought by
Benzion Adam T and Benzion Saliana
Seller's Agent
Marlow Harris
Windermere West Metro
Buyer's Agent
Tricia Jacobs
RE/MAX Gateway
List Price
$595,000
Sold Price
$625,000
Premium/Discount to List
$30,000
5.04%
Current Estimated Value
$551,871

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$73,129
Avg. Annual Appreciation
-2.59%
Original Mortgage
$453,000
Outstanding Balance
$398,268
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$122,677

Purchase Details

Closed on
Aug 28, 2007
Sold by
Trace Lofts Llc
Bought by
Freeman K Robin and Freeman Howard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
6.5%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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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
Benzion Adam T $625,000 Ticor Title
Freeman K Robin $380,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Benzion Adam T $453,000
Previous Owner Freeman K Robin $308,200
Previous Owner Freeman K Robin $304,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2018 09/07/18 Sold $625,000 +5.0% $888 / Sq Ft
07/30/2018 07/30/18 Pending -- -- --
07/25/2018 07/25/18 For Sale $595,000 -- $845 / 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 $4,709 $504,000 $111,200 $392,800
2023 $3,762 $494,000 $111,200 $382,800
2022 $4,161 $455,000 $92,100 $362,900
2021 $4,604 $464,000 $92,100 $371,900
2020 $5,152 $488,000 $87,900 $400,100
2018 $4,542 $552,000 $72,000 $480,000
2017 $4,049 $470,000 $68,800 $401,200
2016 $3,836 $433,000 $52,900 $380,100
2015 $3,517 $400,000 $39,100 $360,900
2014 -- $375,000 $33,800 $341,200
2013 -- $293,000 $28,600 $264,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1335075

Northwest Multiple Listing Service (NWMLS)

APN: 866495-0170