Listed by Renters Warehouse Washington, Bought with Every Door Real Estate
$590,000
SOLD SEP 2, 2022
1 Bed
1 Bath
704 Sq Ft
$579/mo HOA Fee

Recently Sold

$838 Per Sq Ft

49 Days on Market

Highlights

  • Unit is on the top floor
  • Rooftop Deck
  • Property is near public transit
  • Garfield High School Rated A
  • City View
  • Vaulted Ceiling

About This Home

As of September 2022

You are invited to live at the historic Trace Lofts in Capital Hill. Great investment home located on the top floor with a large open floorplan with a super stunning blend of past and present combining industrial elements; steel, old-growth beams and reclaimed Douglas Fir floors, an open kitchen with a modern design; sleek cabinetry, stainless appliances, gas range & stone countertops. Trace Lofts offers an expansive rooftop deck with ample entertaining space, a gas fireplace, a large BBQ grill, and views of the city. Prime location for living, dining, and entrainment that Seattle has to offer plus a walk score of 99 close to Light Rail! Two Huge reserved Parking Spaces & storage is located in a secure garage + Cats & Dogs ok NO RENTAL CAP

Last Agent to Sell the Property

Mr. Larry Greene

Renters Warehouse Washington License #113206 Listed on: 07/14/2022

Last Buyer's Agent

Ramone Myers

Every Door Real Estate License #132317

Every Door Real Estate

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1965678

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,990

Year Built

  • Built in 2007

Lot Details

  • Southwest Facing Home

HOA Fees

  • $579 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Common or Shared Parking

Property Views

  • City
  • Mountain
  • Territorial

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 704 Sq Ft Home
  • Vaulted Ceiling
  • Insulated Windows

Kitchen

  • Gas Oven or Range
  • Stove
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Gas Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Patio

Location

  • Unit is on the top floor
  • Property is near public transit

Schools

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

Utilities

  • Mini Split Air Conditioners
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 8664950410

Community Details

Overview

  • Association fees include common area maintenance, earthquake insurance, garbage, gas
  • Andrea Augustine Association
  • Secondary HOA Phone (206) 596-7972
  • The Trace Lofts Condos
  • Capitol Hill Subdivision
  • Park Phone (206) 596-7972 | Manager Andrea Augustine
  • 6-Story Property

Amenities

  • Rooftop Deck
  • Elevator
  • Lobby

Pet Policy

  • Dogs and Cats Allowed

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,990

Year Built

Built in 2007

Lot Details

0

HOA Fees

$579 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 2007
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: The Trace Lofts
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 704
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 0
  • UnitFeatures: Balcony/Deck/Patio,Insulated Windows,Top Floor,Vaulted Ceilings
  • Special Features: VirtualTour
  • Cumulative Days on Market: 1,110

Interior Features

  • Appliances: Dishwasher, Dryer, Disposal, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 1
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Entry Location: Main
  • Fireplace: No
  • Flooring: Hardwood, Laminate, Carpet
  • Interior Amenities: Ductless HP-Mini Split, Hardwood, Laminate, Wall to Wall Carpet, Balcony/Deck/Patio, Cooking-Gas, Dryer-Gas
  • Main Level Bedrooms: 1
  • Stories: 6
  • 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
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Refrigerator,Stove/Range,Washer

Exterior Features

  • Roof: Flat
  • View: City, Mountain(s), Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Direction Faces: Southwest
  • Exterior Features: Brick, Metal/Vinyl
  • Structure Type: Multi Family
  • BusLineNearby: true
  • ViewFrom: Rooftop Deck,Unit
  • BusRouteNumber: 2

Garage/Parking

  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Common Garage
  • Total Parking Spaces: 2
  • ParkingSpaceNumbers: 200,224

Utilities

  • Laundry Features: Gas Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Electricity Available, Common Area Maintenance, Garbage
  • HeatingCoolingType: Ductless HP-Mini Split,Wall
  • ApplianceHookups: Cooking-Gas,Dryer-Gas

Condo/Co-op/Association

  • Community Features: Cable TV, Elevator, Fire Sprinklers, High Speed Int Avail, Lobby Entrance, Rooftop Deck
  • Park Manager Name: Andrea Augustine
  • Park Manager Phone: 206-596-7972
  • Senior Community: No
  • Association Fee: 579
  • Association Fee Frequency: Monthly
  • Phone: 206-596-7972
  • Association: Yes
  • Pets Allowed: Cats OK, Dogs OK, Subj to Restrictions
  • AssociationContactName: Andrea Augustine
  • CoOp: false
  • CommonPropertyFeatures: Cable TV,Elevator,Fire Sprinklers,High Speed Int Avail,Lobby Entrance,Rooftop Deck

Fee Information

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

Schools

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

Lot Info

  • Parcel Number: 8664950410
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSSquareFootageSource: KCR

Green Features

  • Efficiency: Insulated Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • RentalCap: No Rental Cap
  • ShortTermRentalYN: false

Tax Info

  • Year: 2022
  • Tax Annual Amount: 4990

Multi Family

  • EnergySource: Electric
  • UnitsInBuildingTotal: 42

MLS Schools

  • Elementary School: Lowell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2022
Closed on
Aug 27, 2022
Sold by
Minter and Siyu
Bought by
Alexander Ashley
Seller's Agent
Mr. Larry Greene
Renters Warehouse Washington
Buyer's Agent
Ramone Myers
Every Door Real Estate
List Price
$590,000
Sold Price
$590,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.91%
Original Mortgage
$590,000
Outstanding Balance
$566,463
Interest Rate
5.54%
Mortgage Type
VA
Estimated Equity
$8,006

Purchase Details

Listed on
Jan 13, 2018
Closed on
Feb 1, 2018
Sold by
Cordis David P
Bought by
Minter William
Seller's Agent
Joey McCune
RSVP Brokers ERA
Buyer's Agent
Alison Dudziak
Imagine Real Estate
List Price
$620,000
Sold Price
$635,000
Premium/Discount to List
$15,000
2.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.60%
Original Mortgage
$571,500
Interest Rate
3.99%

Purchase Details

Listed on
Apr 29, 2015
Closed on
May 22, 2015
Sold by
Alkoff Thomas D
Bought by
Cordis David P
Seller's Agent
Margie Zech
Windermere RE/Capitol Hill,Inc
Buyer's Agent
Joey McCune
RSVP Brokers ERA
List Price
$485,000
Sold Price
$540,000
Premium/Discount to List
$55,000
11.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.14%
Original Mortgage
$486,000
Interest Rate
3.64%

Purchase Details

Closed on
Aug 28, 2007
Sold by
Trace Lofts Llc
Bought by
Alkoff Thomas D
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $590,000 None Listed On Document
Warranty Deed $635,000 First American Title Insuran
Warranty Deed $540,000 Chicago Title
Warranty Deed $535,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $590,000 VA
Previous Owner $571,500 No Value Available
Previous Owner $136,000 No Value Available
Previous Owner $486,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2025 07/21/25 For Rent $2,700 0.0% --
09/02/2022 09/02/22 Sold $590,000 0.0% $838 / Sq Ft
09/01/2022 09/01/22 Pending -- -- --
07/14/2022 07/14/22 For Sale $590,000 -7.1% $838 / Sq Ft
02/12/2018 02/12/18 Sold $635,000 +2.4% $898 / Sq Ft
01/14/2018 01/14/18 Pending -- -- --
01/13/2018 01/13/18 For Sale $620,000 +14.8% $877 / Sq Ft
05/28/2015 05/28/15 Sold $540,000 +11.3% $764 / Sq Ft
05/06/2015 05/06/15 Pending -- -- --
04/29/2015 04/29/15 For Sale $485,000 -- $686 / 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 $5,187 $556,000 $111,200 $444,800
2023 $5,068 $552,000 $111,200 $440,800
2022 $4,514 $501,000 $92,100 $408,900
2021 $4,790 $504,000 $92,100 $411,900
2020 $5,530 $508,000 $87,900 $420,100
2018 $5,116 $586,000 $72,000 $514,000
2017 $4,410 $530,000 $68,800 $461,200
2016 $4,045 $472,000 $52,900 $419,100
2015 $3,934 $422,000 $39,100 $382,900
2014 -- $420,000 $33,800 $386,200
2013 -- $326,000 $28,600 $297,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1965678

Northwest Multiple Listing Service (NWMLS)

APN: 866495-0420