1408 12th Ave Unit 310 Seattle, WA 98122
Capitol Hill NeighborhoodEstimated payment $4,045/month
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!
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2553570
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
- Down Payment Assistance Available
- Visit Down Payment Resource Website
- Assessor Parcel Number 8664950240
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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 |
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 |
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: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2553570
APN: 866495-0240
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Ask me questions while you tour the home.