Listed by Madrona Real Estate Srvs., LLC, Bought with Ensemble
NOT LISTED FOR SALE

1408 12th Ave Unit 307 Seattle, WA 98122

Capitol Hill Neighborhood

Estimated Value: $457,000 - $549,000

1 Bed
1 Bath
677 Sq Ft
0.26 Acres

Last Sold September 30, 2015

Last sale price $455,000 $672 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,042/month

7 Days on Market

Highlights

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

About This Home

As of September 2015

Enjoy urban living at its best at the historic Trace Lofts, a Built Green converted mercantile warehouse. Spacious south-facing 1-bed loft - vaulted ceilings w/ exposed beams & brick, reclaimed fir floors & a wall of windows w/ views of Mt. Rainier. Relax & entertain on the roof top deck w/ BBQ & panoramic views. Secure parking + storage. Located in the heart of the Pike/Pine triangle - it doesn't get better than the 50 yard line!

Last Agent to Sell the Property

Bradford Augustine

Madrona Real Estate Srvs., LLC License #12032 Listed on: 08/15/2015

Last Buyer's Agent

Michael Ackerman

Ensemble License #18246

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM837599

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,746

Year Built

  • Built in 1910

Lot Details

  • 0.26

Parking

  • Common or Shared Parking

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • Softwood Flooring
  • Mountain Views
  • Dishwasher

Listing and Financial Details

  • Assessor Parcel Number 8664950210

Community Details

Overview

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

Pet Policy

  • Pets allowed on a case-by-case basis
  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,746

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 30 - Condo (1 Level)
  • Architecture: Loft
  • Entrance Level: Main
  • Unit Floor Number: 3
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Fir/Softwood
  • Appliance Hookups: Cooking-Gas
  • Appliances That Stay: Dishwasher
  • Bedrooms: 1.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 1.00
  • Total Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Kitchen: Main
  • Living Room: Main
  • Storage: Garage
  • Storage Number: 36
  • Estimated Sq Ft: 677

Exterior Features

  • Exterior: Brick
  • Roof: Flat
  • View: Mountain

Garage/Parking

  • Numberof Assigned Spaces: 1
  • Parking Type: Common Garage
  • Parking Space Number: 209

Utilities

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

Condo/Co-op/Association

  • Numberof Units in Building: 42
  • Numberof Units In Complex: 44
  • HOA Fees: 403
  • Community Name: Capitol Hill
  • Project: Trace Lofts Condominium Association
  • Cats And Dogs: Subj To Restrictions
  • Manager Contact Information: Tae Hong (206) 706-8000
  • Common Property Features: Elevator, Fire Sprinklers, High Speed Int Avail, Lobby Entrance, Outside Entry, Security Gate
  • Home Owner Dues Included: Earthquake Ins., Garbage, Common Area Maintenance

Schools

  • Elementary School: Madrona K-8
  • Middle School: Buyer To Verify
  • High School: Garfield High
  • School District: SEA

Lot Info

  • Lot Sq Ft: 11456
  • Parcel Number: 8664950210

Tax Info

  • Tax Amount: 3414

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2015
Closed on
Sep 25, 2015
Sold by
Aoukar Pierre Sayed
Bought by
Li Yuanzhe
Seller's Agent
Bradford Augustine
Madrona Real Estate Srvs., LLC
Buyer's Agent
Michael Ackerman
Ensemble
List Price
$425,000
Sold Price
$455,000
Premium/Discount to List
$30,000
7.06%
Current Estimated Value
$497,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,100
Avg. Annual Appreciation
0.89%
Original Mortgage
$386,750
Outstanding Balance
$301,579
Interest Rate
3.62%
Mortgage Type
Commercial
Estimated Equity
$195,521

Purchase Details

Closed on
Aug 28, 2007
Sold by
Trace Lofts Llc
Bought by
Aoukar Pierre Sayed

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,435
Interest Rate
5.87%
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
Li Yuanzhe $455,000 Stewart Title Guaranty Co
Aoukar Pierre Sayed $354,143 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Yuanzhe $386,750
Previous Owner Aoukar Pierre Sayed $336,435
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2015 09/30/15 Sold $455,000 +7.1% $672 / Sq Ft
08/28/2015 08/28/15 Pending -- -- --
08/20/2015 08/20/15 For Sale $425,000 -- $628 / 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 $4,746 $508,000 $111,200 $396,800
2023 $3,867 $502,000 $111,200 $390,800
2022 $4,275 $468,000 $92,100 $375,900
2021 $4,576 $477,000 $92,100 $384,900
2020 $5,143 $485,000 $87,900 $397,100
2018 $4,618 $548,000 $72,000 $476,000
2017 $4,086 $478,000 $68,800 $409,200
2016 $3,694 $437,000 $52,900 $384,100
2015 $3,415 $385,000 $39,100 $345,900
2014 -- $364,000 $33,800 $330,200
2013 -- $294,000 $28,600 $265,400
Source: Public Records

Agents Affiliated with this Home

  • Bradford Augustine

    Seller's Agent in 2015

    Bradford Augustine

    Madrona Real Estate Srvs., LLC

    (206) 910-8123

    1 in this area

    4 Total Sales

    Bradford Augustine
    Section Image
  • Michael Ackerman

    Buyer's Agent in 2015

    Michael Ackerman

    Ensemble

    (206) 915-2739

    2 in this area

    29 Total Sales

    Michael Ackerman
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM837599

Northwest Multiple Listing Service (NWMLS)

APN: 866495-0210

Washington King County Seattle 98122 Capitol Hill

1408 12th Ave Unit 307, Seattle, WA

This home is located at 1408 12th Ave Unit 307, Seattle, WA 98122 since 15 August 2015 and is currently estimated at $497,100, approximately $734 per square foot. This property was built in 1910. 1408 12th Ave Unit 307 is a home located in King County with nearby schools including Lowell Elementary School, Meany Middle School, and Garfield 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.

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. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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