Listed by Windermere R E Mount Baker, Bought with Coldwell Banker Danforth
NOT LISTED FOR SALE

Estimated Value: $440,231 - $545,000

1 Bed
1 Bath
615 Sq Ft
$522/mo HOA Fee

Last Sold August 26, 2020

Last sale price $450,000 $732 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,662/month

7 Days on Market

Highlights

  • Rooftop Deck
  • Property is near public transit
  • End Unit
  • Garfield High School Rated A
  • Territorial View
  • Corner Lot

About This Home

As of August 2020

Trace Lofts. A reconstructed Mercantile Warehouse transformed into one of Capitol Hill's most sought-after condominiums. Reclaimed fir flrs, exposed structural elements, old growth beams & large windows, blend perfectly w/ renovated systems. Green Built, sleek kitchen & bath, stainless steel appliances, gas range, & open floor plan. Dramatic Lobby & fabulous rooftop deck. Leave the car behind, Pike/Pine Corridor is right outside, + easy transit everywhere! A well managed & pet friendly building.

Last Agent to Sell the Property

Karen Freeman

Windermere R E Mount Baker License #2441 Listed on: 07/15/2020

Windermere R E Mount Baker

Last Buyer's Agent

Stacey Koutlas

Coldwell Banker Danforth License #21003693

Coldwell Banker Danforth

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1629513

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,178

Year Built

  • Built in 2007

HOA Fees

  • $522 Monthly HOA Fees

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 615 Sq Ft Home
  • Insulated Windows
  • Laminate Flooring
  • Territorial Views

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Electric Dryer
  • Washer

Home Security

Parking

  • 1 Car Garage
  • Common or Shared Parking

Schools

  • Garfield High School

Utilities

  • Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • End Unit
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 8664950220

Community Details

Overview

  • Association fees include cable TV, common area maintenance, garbage, water/sewer
  • 44 Units
  • Trace Lofts Condos
  • Capitol Hill Subdivision
  • Park Phone (206) 623-7662 | Manager Jennifer Landon
  • 5-Story Property

Amenities

  • Rooftop Deck
  • Elevator
  • Lobby

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,178

Year Built

Built in 2007

Lot Details

0

HOA Fees

$522 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 2007
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Microwave,RangeOven,Refrigerator,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Trace Lofts
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 615
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 0
  • UnitFeatures: End Unit,Insulated Windows
  • Special Features: VirtualTour
  • Cumulative Days on Market: 44

Interior Features

  • Appliances: Dryer, Washer
  • Full Bathrooms: 1
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Entry Location: Main
  • Fireplace: No
  • Flooring: Laminate
  • Interior Amenities: Laminate, Cooking-Gas, Dryer-Electric, Washer, Water Heater
  • Main Level Bedrooms: 1
  • Stories: 5
  • Bathrooms: 1
  • BathsFullMain: 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: 3
  • StorageNo: 32
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Microwave,Range/Oven,Refrigerator,Washer
  • StorageLocation: Across Hallway

Exterior Features

  • Roof: Flat
  • View: Territorial
  • Lot Features: Corner Lot, Curbs, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Brick, Cement/Concrete, Wood
  • Structure Type: Multi Family
  • BusLineNearby: true
  • BusRouteNumber: 2,4,10,12, Rail

Garage/Parking

  • Carport Y N: No
  • Garage Yn: Yes
  • Parking Features: Common Garage
  • Total Parking Spaces: 1
  • ParkingSpaceNumbers: 43

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Heating Yn: Yes
  • Utilities: Electricity Available, Garbage, Water/Sewer
  • ApplianceHookups: Cooking-Gas,Dryer-Electric,Washer
  • WaterHeaterLocation: Closet
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Community Features: Cable TV, Elevator, Fire Sprinklers, Lobby Entrance, Rooftop Deck
  • Park Manager Name: Jennifer Landon
  • Park Manager Phone: 206-623-7662
  • Association Fee: 522
  • Association Fee Frequency: Monthly
  • CoOp: false
  • CommonPropertyFeatures: Cable TV,Elevator,Fire Sprinklers,High Speed Int Avail,Lobby Entrance,Rooftop Deck

Fee Information

  • Association Fee Includes: Cable TV, Common Area Maintenance, Garbage, Water/Sewer

Schools

  • Junior High Dist: Seattle
  • High School: Garfield High

Lot Info

  • Parcel Number: 8664950220
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSSquareFootageSource: KCR

Green Features

  • Efficiency: Insulated Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2019
  • Tax Annual Amount: 4178

Multi Family

  • Number Of Units In Community: 44
  • UnitsInBuildingTotal: 44

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2020
Closed on
Aug 12, 2020
Sold by
Fairley Justin P
Bought by
Browne David Robert and Browne Chamonix Penelope
Seller's Agent
Karen Freeman
Windermere R E Mount Baker
Buyer's Agent
Stacey Koutlas
Coldwell Banker Danforth
List Price
$450,000
Sold Price
$450,000
Current Estimated Value
$507,722

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,722
Avg. Annual Appreciation
2.52%
Original Mortgage
$360,000
Outstanding Balance
$322,364
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$186,808

Purchase Details

Listed on
Nov 14, 2012
Closed on
Dec 7, 2012
Sold by
Gault Timothy A and Keelan Maggie Joy
Bought by
Fairley Justin P
Seller's Agent
Corey St. John
Urban Living
Buyer's Agent
Greg Singleton
John L Scott Westwood
List Price
$259,950
Sold Price
$259,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.41%
Original Mortgage
$236,949
Interest Rate
3.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 9, 2010
Sold by
Dollar Jocelyn
Bought by
Gault Timothy A and Keelan Maggie Joy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
4.18%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 24, 2007
Sold by
Trace Lofts Llc
Bought by
Dollar Jocelyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,466
Interest Rate
6.4%
Mortgage Type
Credit Line Revolving
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
Browne David Robert $450,000 Rainier Title
Fairley Justin P $259,950 First American
Gault Timothy A $215,000 Old Republic T
Dollar Jocelyn $335,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Browne David Robert $360,000
Previous Owner Fairley Justin P $100,000
Previous Owner Fairley Justin P $236,949
Previous Owner Gault Timothy A $145,000
Previous Owner Dollar Jocelyn $33,466
Previous Owner Dollar Jocelyn $268,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2020 08/26/20 Sold $450,000 0.0% $732 / Sq Ft
07/22/2020 07/22/20 Pending -- -- --
07/15/2020 07/15/20 For Sale $450,000 +73.1% $732 / Sq Ft
12/21/2012 12/21/12 Sold $259,950 0.0% $423 / Sq Ft
11/19/2012 11/19/12 Pending -- -- --
11/14/2012 11/14/12 For Sale $259,950 -- $423 / 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 $4,323 $462,000 $111,200 $350,800
2023 $3,486 $456,000 $111,200 $344,800
2022 $3,816 $421,000 $92,100 $328,900
2021 $4,148 $425,000 $92,100 $332,900
2020 $4,709 $439,000 $87,900 $351,100
2018 $4,245 $498,000 $72,000 $426,000
2017 $3,707 $439,000 $68,800 $370,200
2016 $3,419 $396,000 $52,900 $343,100
2015 $3,136 $356,000 $39,100 $316,900
2014 -- $334,000 $33,800 $300,200
2013 -- $264,000 $28,600 $235,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1629513

Northwest Multiple Listing Service (NWMLS)

APN: 866495-0220