Listed by Every Door Real Estate
$499,500

Estimated payment $4,045/month

Total Views 2,017
1 Bed
1 Bath
684 Sq Ft
$730 Price per Sq Ft

Highlights

  • Rooftop Deck
  • City View
  • Corner Lot
  • Gated Community
  • Softwood Flooring
  • Elevator

About This Home

Welcome to Trace Lofts at 1408 12th Ave, an iconic piece of Capitol Hill history brilliantly reimagined. Originally constructed in 1919 as a warehouse and later used by an order of Tibetan Monks, this historic building was thoughtfully converted in 2007 into urban residences bursting with old world soul and industrial chic. This unique unit offers rare, premium upgrades that truly set it apart from recent building sales. Enjoy the convenience of a nice wide, designated parking space equipped with its own private EV charging station, a highly coveted and valuable feature. Daily living is effortless with seamless, easy access from the elevator and a private, extra storage locker conveniently located right on the same floor as the unit. Boasting a near perfect walk score in the vibrant Pike Pine Triangle, you are moments from the city's best dining, coffee shops, nightlife, and the Light Rail station. The home showcases gorgeous exposed brick, massive old growth timbers, reclaimed Fir floors, and soaring ceilings. Ascend to the panoramic rooftop deck complete with a large BBQ and fire pit, perfect for taking in breathtaking views of the Seattle skyline and mountains. With no rental cap in the building, this well funded association offers incredible long term flexibility for both homeowners and investors alike. Don’t miss your chance to own a piece of Seattle’s history, perfectly upgraded for tomorrow’s lifestyle!

Listing Agent

Jordan Stupey

Every Door Real Estate License #26006737 Listed on: 07/16/2026

Every Door Real Estate

Co-Listing Agent

Every Door Real Estate

Every Door Real Estate License #26691

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2553570

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,373

Year Built

  • Built in 1919

Lot Details

  • South Facing Home
  • Sprinkler System

HOA Fees

  • $846 Monthly HOA Fees

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Bitumen Roof
  • Metal Construction or Metal Frame
  • Vinyl Construction Material

Interior Spaces

  • 684 Sq Ft Home
  • Insulated Windows
  • City Views

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Softwood
  • Vinyl

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Garage Space
  • Common or Shared Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Water Heater
  • High Speed Internet

Listing and Financial Details

Community Details

Overview

  • Association fees include common area maintenance, earthquake insurance, gas, trash
  • 42 Units
  • Trace Lofts Condos
  • Capitol Hill Subdivision
  • Park Phone (206) 538-2955 | Manager Madrona RE Services LLC
  • Electric Vehicle Charging Station
  • 5-Story Property

Amenities

  • Rooftop Deck
  • Elevator
  • Lobby

Pet Policy

  • Pets Allowed with Restrictions

Security

  • Gated Community
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,373

Year Built

Built in 1919

Lot Details

0 Sq Ft Lot

HOA Fees

$846 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 1919
  • Inclusions: Dishwasher(s),Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • MLS Status: Active
  • Prev Status: Active
  • Architectural Style: Loft
  • Building Name: Trace Lofts
  • Unit Levels: One
  • New Construction: No
  • Structure Type: Condominium
  • CalculatedSquareFootage: 684
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DwellingType: Attached
  • UnitFeatures: Insulated Windows,Sprinkler System
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing_results/NWMLS/2553570, https://www.workforce-resource.com/dpr/listing/NWMLS/2553570?w=Consumer&agent=88520
  • NWM_ADUCount: 0
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Flooring: Softwood, Vinyl
  • Interior Amenities: Insulated Windows, Sprinkler System, Washer, Water Heater
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Stories: 5
  • BathsFullMain: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • StorageNo: #38
  • AppliancesIncluded: Dishwasher(s),Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • StorageLocation: 3rd Floor
  • WindowCoverings: Custom roman Fabric Blinds

Exterior Features

  • Roof: Flat, Torch Down
  • View: City
  • Lot Features: Corner Lot, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Construction Type: Brick, Metal/Vinyl
  • Direction Faces: South
  • Exterior Features: Brick, Metal/Vinyl
  • ViewFrom: Unit

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Common Garage
  • Total Parking Spaces: 1
  • NWM_ParkingAssignedSpaces: 1

Utilities

  • Laundry Features: Washer Hookup
  • Security: Security Gate
  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes
  • ApplianceHookups: Washer
  • PowerCompany: Seattle City Light
  • SewerCompany: HOA
  • WaterCompany: HOA
  • WaterHeaterLocation: Closet
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Community Features: Electric Car Charging Station, Elevator, Fire Sprinklers, Gated, High Speed Int Avail, Lobby Entrance, Rooftop Deck
  • Park Manager Name: Madrona RE Services LLC
  • Park Manager Phone: 206-538-2955
  • Senior Community: No
  • Association Fee: 845.85
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Subject to Restrictions
  • CoOp: false
  • CommonPropertyFeatures: Electric Car Charging Station,Elevator,Fire Sprinklers,High Speed Int Avail,Lobby Entrance,Rooftop Deck,Security Gate

Fee Information

  • Association Fee Includes: Common Area Maintenance, Earthquake Insurance, Gas, Trash

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 8664950240
  • Irrigation Water Rights: No
  • ShowMapLink: true

Green Features

  • Efficiency: Insulated Windows
  • Power Production Type: Electric, Natural Gas

Rental Info

  • RentalCap: No Rental Cap
  • ShortTermRentalYN: false

Tax Info

  • Year: 2026
  • Tax Annual Amount: 5372.9

Multi Family

  • Number Of Units In Community: 42
  • EnergySource: Electric,Natural Gas

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $5,373 $534,000 $111,200 $422,800
2024 $4,682 $501,000 $111,200 $389,800
2023 $4,543 $494,000 $111,200 $382,800
2022 $4,116 $457,000 $92,100 $364,900
2021 $4,465 $459,000 $92,100 $366,900
2020 $5,050 $473,000 $87,900 $385,100
2018 $4,580 $540,000 $72,000 $468,000
2017 $4,021 $474,000 $68,800 $405,200
2016 $3,722 $430,000 $52,900 $377,100
2015 -- $388,000 $39,100 $348,900
2014 -- $368,000 $33,800 $334,200
2013 -- $290,000 $28,600 $261,400
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/16/2026 07/16/26 For Sale $499,500 -4.9% $730 / Sq Ft
07/10/2024 07/10/24 Sold $525,000 -2.8% $768 / Sq Ft View Prior Sale
06/19/2024 06/19/24 Pending -- -- --
04/12/2024 04/12/24 For Sale $540,000 +12.5% $789 / Sq Ft
04/28/2017 04/28/17 Sold $480,000 +1.1% $702 / Sq Ft View Prior Sale
03/29/2017 03/29/17 Pending -- -- --
03/23/2017 03/23/17 For Sale $475,000 +13.1% $694 / Sq Ft
07/28/2015 07/28/15 Sold $420,000 0.0% $614 / Sq Ft View Prior Sale
06/19/2015 06/19/15 Pending -- -- --
05/28/2015 05/28/15 For Sale $420,000 -- $614 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Quit Claim Deed $313 None Listed On Document
Warranty Deed $525,000 Chicago Title
Warranty Deed $480,000 Fidelity Natio
Warranty Deed $420,000 First American
Warranty Deed $325,000 Fidelity National Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $240,000 Commercial
Previous Owner $378,000 Commercial
Previous Owner $246,000 Commercial
Previous Owner $258,200 Commercial
Previous Owner $260,000 Commercial
Source: Public Records

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2553570

Northwest Multiple Listing Service (NWMLS)

APN: 866495-0240

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