NOT LISTED FOR SALE

1408 12th Ave Unit 509 Seattle, WA 98122

Capitol Hill Neighborhood

Estimated Value: $493,000 - $585,000

1 Bed
1 Bath
635 Sq Ft
0.26 Acres

Last Sold April 30, 2021

Last sale price $599,000 $943 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $2,858/month

Highlights

  • City View
  • Wood Flooring
  • Dogs and Cats Allowed
  • Garfield High School Rated A

About This Home

As of April 2021

Price reduction! Welcome home to one of Trace Lofts most desirable units and waking up every day to gorgeous views from your floor to ceiling windows with Mt. Rainier sneaking a peek from time to time. There are only a handful of top-floor "lofted" homes at Trace and this is one of them. With soaring ceilings, a flexible loft space, balcony, abundant light, solid hardwood floors, and premium finishes it's hard to ask for more in the city. Perched atop a storied and historic building featuring reclaimed wood, a secure parking garage, storage, and a spacious rooftop deck you have a safe haven from the hustle and bustle while being just an elevator ride away from all Capitol Hill has to offer. New paint, pet friendly, and no rental cap.

Last Agent to Sell the Property

Mitchell Greenblatt

Skyline Properties, Inc. License #104653 Listed on: 02/09/2021

Skyline Properties, Inc.

Co-Listed By

Jin Lee

Skyline Properties, Inc. License #75560

Last Buyer's Agent

Rachel Jones

Skyline Properties, Inc. License #99172

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1726246

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $923

Year Built

  • Built in 2007

Lot Details

  • 0.26

Parking

  • Common or Shared Parking

Property Views

  • City
  • Mountain
  • Territorial

Home Design

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

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Listing and Financial Details

  • Assessor Parcel Number 8664950440

Community Details

Overview

  • 44 Units
  • Capitol Hill Community
  • 5-Story Property

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$923

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 30 - Condo (1 Level)
  • Entrance Level: Main
  • Unit Floor Number: 5
  • Year Built: 2007
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Ceramic Tile, Hardwood, Wall To Wall Carpet
  • Appliance Hookups: Cooking-Gas, Dryer-Electric, Washer
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 1.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 1.00
  • Total Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Den or Office: Main
  • Storage: Garage
  • Storage Number: #2
  • Estimated Sq Ft: 635

Exterior Features

  • Exterior: Brick, Metal/Vinyl
  • Roof: Flat
  • View: City, Mountain, Territorial

Garage/Parking

  • Numberof Assigned Spaces: 1
  • Parking Type: Common Garage
  • Parking Space Number: 213

Utilities

  • Heating And Cooling: Forced Air
  • Water Heater: Laundry Closet-Electric

Condo/Co-op/Association

  • Numberof Units in Building: 44
  • Numberof Units In Complex: 44
  • HOA Fees: 548
  • Community Name: Capitol Hill
  • Project: Trace Lofts
  • Cats And Dogs: Cats Only, Dogs Only
  • Manager Contact Information: Andrea Augustine-Curtis (206) 596-7972
  • Common Property Features: Ad, Cable Tv, Elevator, Fire Sprinklers, High Speed Int Avail, Lobby Entrance, Security Gate
  • Home Owner Dues Included: Cable Tv, Earthquake Ins., Garbage, Common Area Maintenance
  • Unit Features: Balcony/Deck/Patio, French Doors, Insulated Windows, Top Floor, Vaulted Ceilings

Schools

  • Elementary School: Lowell
  • Middle School: Meany Mid
  • High School: Garfield High
  • School District: SEA

Lot Info

  • Lot Details: Paved Street, Sidewalk
  • Lot Sq Ft: 11456
  • Parcel Number: 8664950440

Tax Info

  • Tax Amount: 4940

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2021
Closed on
Apr 28, 2021
Sold by
Zhang Jimmy Y
Bought by
Hudnell Efrain
Seller's Agent
Mitchell Greenblatt
Skyline Properties, Inc.
Buyer's Agent
Rachel Jones
Skyline Properties, Inc.
List Price
$629,000
Sold Price
$599,000
Premium/Discount to List
-$30,000
-4.77%
Current Estimated Value
$522,406

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$76,594
Avg. Annual Appreciation
-3.04%
Original Mortgage
$599,000
Outstanding Balance
$541,995
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
-$19,589

Purchase Details

Listed on
Apr 17, 2017
Closed on
May 26, 2017
Sold by
Belobradic Brian C and Belobradic Kimberly
Bought by
Zhang Jimmy Y
Seller's Agent
Kathryn Buchanan
Windermere Mercer Island
Buyer's Agent
Mitchell Greenblatt
Skyline Properties, Inc.
List Price
$516,500
Sold Price
$580,000
Premium/Discount to List
$63,500
12.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.83%
Original Mortgage
$390,000
Interest Rate
3.62%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 20, 2008
Sold by
Trace Lofts Llc
Bought by
Belobradic Kimberly and Belobradic Brian C
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
Hudnell Efrain $599,000 Wfg Natl Ttl Co Of Wa Llc
Zhang Jimmy Y $580,000 Cw Title Co
Belobradic Kimberly $475,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hudnell Efrain $599,000
Previous Owner Zhang Jimmy Y $390,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2021 04/30/21 Sold $599,000 0.0% $943 / Sq Ft
03/29/2021 03/29/21 Pending -- -- --
03/16/2021 03/16/21 Price Changed $599,000 -3.2% $943 / Sq Ft
03/04/2021 03/04/21 Price Changed $619,000 -1.6% $975 / Sq Ft
02/09/2021 02/09/21 For Sale $629,000 +8.4% $991 / Sq Ft
05/31/2017 05/31/17 Sold $580,000 +12.3% $913 / Sq Ft
04/24/2017 04/24/17 Pending -- -- --
04/17/2017 04/17/17 For Sale $516,500 -- $813 / 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 $923 $502,000 $111,200 $390,800
2023 $3,778 $503,000 $111,200 $391,800
2022 $4,161 $457,000 $92,100 $364,900
2021 $4,399 $464,000 $92,100 $371,900
2020 $4,940 $466,000 $87,900 $378,100
2018 $4,647 $526,000 $72,000 $454,000
2017 $3,947 $481,000 $68,800 $412,200
2016 $3,646 $422,000 $52,900 $369,100
2015 $3,507 $380,000 $39,100 $340,900
2014 -- $374,000 $33,800 $340,200
2013 -- $289,000 $28,600 $260,400
Source: Public Records

Agents Affiliated with this Home

  • Mitchell Greenblatt

    Seller's Agent in 2021

    Mitchell Greenblatt

    Skyline Properties, Inc

    (425) 765-8460

    3 in this area

    44 Total Sales

    Mitchell Greenblatt
    Section Image
  • Jin Lee

    Seller Co-Listing Agent in 2021

    Jin Lee

    Skyline Properties, Inc

    (425) 448-2662

    2 in this area

    27 Total Sales

    Jin Lee
    Section Image
  • Rachel Jones

    Buyer's Agent in 2021

    Rachel Jones

    Skyline Properties, Inc

    (206) 420-9736

    1 in this area

    208 Total Sales

    Rachel Jones
    Section Image
  • Kathryn Buchanan

    Seller's Agent in 2017

    Kathryn Buchanan

    Windermere Corporate

    (206) 227-2227

    3 in this area

    45 Total Sales

    Kathryn Buchanan
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1726246

Northwest Multiple Listing Service (NWMLS)

APN: 866495-0440

Washington King County Seattle 98122 Capitol Hill

1408 12th Ave Unit 509, Seattle, WA

This home is located at 1408 12th Ave Unit 509, Seattle, WA 98122 since 09 February 2021 and is currently estimated at $522,406, approximately $822 per square foot. This property was built in 2007. 1408 12th Ave Unit 509 is a home located in King County with nearby schools including Lowell Elementary School, Meany Middle School, and Garfield High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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