Listed by Flyhomes, Bought with Windermere Real Estate/East
NOT LISTED FOR SALE

Estimated Value: $568,535 - $715,000

1 Bed
1 Bath
821 Sq Ft
0.26 Acres

Last Sold April 29, 2016

Last sale price $565,000 $688 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,765/month

16 Days on Market

Highlights

  • Unit is on the top floor
  • Penthouse
  • 0.26 Acre Lot
  • Garfield High School Rated A
  • City View
  • Contemporary Architecture

About This Home

As of April 2016

Awesome, west facing, top floor, open 1 bed unit in Trace Lofts, a built green converted warehouse. Born in 1919 and re-imagined in 2007, Trace Lofts is one of the most sought after buildings on Capitol Hill. Modern finishes include wall of windows, tall ceilings, reclaimed fir floors, exposed brick, steel beams/timbers, a gas stove, stainless steel appliances, and private deck. Steps to best clubs/restaurants, new light rail and streetcar (99WS). 1 car pkg, rooftop deck w/bbq and storage too!

Last Agent to Sell the Property

Stephen Lane

Flyhomes License #25709 Listed on: 03/04/2016

Flyhomes

Last Buyer's Agent

Kelli Howison

Windermere Real Estate/East License #88576

Windermere Real Estate/East

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 901676

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,361

Year Built

  • Built in 1919

Lot Details

  • 0.26

Property Views

  • City
  • Mountain
  • Limited

Home Design

  • Penthouse
  • Contemporary Architecture
  • Flat Roof Shape
  • Brick Exterior Construction
  • Bitumen Roof
  • Vinyl Construction Material

Interior Spaces

  • 821 Sq Ft Home
  • Vaulted Ceiling
  • Insulated Windows
  • French Doors

Kitchen

  • Gas Oven or Range
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Softwood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Electric Dryer
  • Washer

Home Security

Parking

  • 1 Car Garage
  • Common or Shared Parking

Accessible Home Design

  • Disabled Access

Outdoor Features

  • Balcony
  • Patio

Location

  • Unit is on the top floor
  • Property is near public transit
  • Property is near a bus stop

Schools

  • Lowell Elementary School
  • Wash Mid Middle School
  • Garfield High School

Listing and Financial Details

  • Assessor Parcel Number 8664950370

Community Details

Overview

  • Association fees include common area maintenance, earthquake insurance, garbage, water/sewer
  • Trace Lofts Condos
  • Capitol Hill Subdivision
  • Park Phone (206) 538-2955 | Manager Kristina Eldredge
  • 5-Story Property

Amenities

  • Elevator
  • Lobby

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,361

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Accessibility Features: Other
  • Year Built: 1919
  • Buyer Agency Compensation: 3%
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,RangeOven,Refrigerator,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Contemporary
  • Building Name: Trace Lofts
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 821
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • NumberOfAccessStairs: 2
  • UnitFeatures: Balcony/Deck/Patio,Disabled Access,French Doors,Insulated Windows,Penthouse,Top Floor,Vaulted Ceilings,Walk-in Closet
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher_, Dryer, GarbageDisposal_, RangeOven_, Refrigerator_, Washer
  • Full Bathrooms: 1
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Entry Location: Main
  • Fireplace: No
  • Flooring: Softwood, Other, Carpet
  • Interior Amenities: Forced Air, Fir/Softwood, Wall to Wall Carpet, Balcony/Deck/Patio, Cooking-Gas, Dryer-Electric, Ice Maker, Washer
  • 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: 5
  • StorageNo: 9
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Range/Oven,Refrigerator,Washer
  • StorageLocation: Garage
  • WindowCoverings: Included

Exterior Features

  • Roof: Flat, Torch Down
  • View: City, Mountain(s), Partial, See Remarks
  • Lot Features: Corner Lot, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Brick, Metal/Vinyl
  • Structure Type: Multi Family
  • BusLineNearby: true

Garage/Parking

  • Carport Y N: No
  • Garage Yn: Yes
  • Parking Features: Common Garage
  • Total Parking Spaces: 1
  • ParkingSpaceNumbers: 45

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Electric, Common Area Maintenance, Garbage, Water/Sewer
  • ApplianceHookups: Cooking-Gas,Dryer-Electric,Ice Maker,Washer

Condo/Co-op/Association

  • Community Features: Disabled Access, Elevator, Fire Sprinklers, Lobby Entrance
  • Park Manager Name: Kristina Eldredge
  • Park Manager Phone: 206-538-2955
  • Senior Community: No
  • Association Fee: 415
  • Pets Allowed: See Remarks, Subj to Restrictions
  • CoOp: false
  • CommonPropertyFeatures: Disabled Access,Elevator,Fire Sprinklers,Lobby Entrance

Fee Information

  • Association Fee Includes: Common Area Maintenance, Earthquake Insurance, Garbage, See Remarks, Water/Sewer

Schools

  • Junior High Dist: Seattle
  • High School: Garfield High
  • Middle Or Junior School: Wash Mid

Lot Info

  • Parcel Number: 8664950370
  • Lot Size Acres: 0.263
  • Lot Size Sq Ft: 11456
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: KCR
  • MLSSquareFootageSource: KCR

Green Features

  • Efficiency: Insulated Windows
  • Power Production Type: Electric

Tax Info

  • Year: 2015
  • Tax Annual Amount: 4361

Multi Family

  • EnergySource: Electric
  • UnitsInBuildingTotal: 42

MLS Schools

  • Elementary School: Lowell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2016
Closed on
Apr 18, 2016
Sold by
Impink Stephen M
Bought by
Chang Arthur
Seller's Agent
Stephen Lane
Flyhomes
Buyer's Agent
Kelli Howison
Windermere Real Estate/East
List Price
$565,000
Sold Price
$565,000
Current Estimated Value
$623,134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,134
Avg. Annual Appreciation
1.04%
Original Mortgage
$365,000
Outstanding Balance
$160,102
Interest Rate
3.73%
Estimated Equity
$463,032

Purchase Details

Listed on
Sep 11, 2015
Closed on
Dec 7, 2015
Sold by
Steves Janis Lee and Johnson Timothy A
Bought by
Impink Stephen M
Seller's Agent
Dean Nygaard
John L. Scott, Inc.
Buyer's Agent
Tushar Garg
Flyhomes
List Price
$599,950
Sold Price
$557,500
Premium/Discount to List
-$42,450
-7.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.58%
Original Mortgage
$417,000
Interest Rate
3.71%

Purchase Details

Closed on
May 28, 2013
Sold by
Trace502 Llc
Bought by
Johnson Tyler A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$422,900
Interest Rate
3.32%

Purchase Details

Closed on
Oct 5, 2009
Sold by
Weintraub Adam L and Weintraub Nancy S
Bought by
Trace502 Llc

Purchase Details

Closed on
Sep 12, 2007
Sold by
Romero Xiomara and Weintraub Adam L
Bought by
Weintraub Adam L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.67%

Purchase Details

Closed on
Aug 28, 2007
Sold by
Trace Lofts Llc
Bought by
Weintraub Adam L and Weintraub Nancy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.67%
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
Chang Arthur $565,000 Chicago Title
Impink Stephen M $557,500 Chicago Title
Johnson Tyler A $530,000 Cw Title Co
Trace502 Llc -- None Available
Weintraub Adam L -- Fidelity National Title
Weintraub Adam L $600,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chang Arthur $365,000
Previous Owner Impink Stephen M $417,000
Previous Owner Johnson Tyler A $422,900
Previous Owner Weintraub Adam L $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2016 04/29/16 Sold $565,000 0.0% $688 / Sq Ft
03/21/2016 03/21/16 Pending -- -- --
03/04/2016 03/04/16 For Sale $565,000 +1.3% $688 / Sq Ft
12/11/2015 12/11/15 Sold $557,500 -1.3% $679 / Sq Ft
11/08/2015 11/08/15 Pending -- -- --
11/02/2015 11/02/15 Price Changed $565,000 -1.6% $688 / Sq Ft
09/29/2015 09/29/15 Price Changed $574,000 -4.3% $699 / Sq Ft
09/11/2015 09/11/15 For Sale $599,950 -- $731 / 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 $5,537 $594,000 $111,200 $482,800
2023 $4,460 $585,000 $111,200 $473,800
2022 $4,920 $541,000 $92,100 $448,900
2021 $5,088 $550,000 $92,100 $457,900
2020 $5,733 $540,000 $87,900 $452,100
2018 $5,355 $626,000 $72,000 $554,000
2017 $4,641 $555,000 $68,800 $486,200
2016 $4,301 $497,000 $52,900 $444,100
2015 $4,361 $449,000 $39,100 $409,900
2014 -- $466,000 $33,800 $432,200
2013 -- $361,000 $28,600 $332,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 901676

Northwest Multiple Listing Service (NWMLS)

APN: 866495-0370