Listed by Tran Property Group, Bought with Real Broker LLC
$345,000
SOLD JAN 10, 2020
-- Bed
1 Bath
484 Sq Ft
$313/mo HOA Fee

Recently Sold

$713 Per Sq Ft

4% Below List Price

23 Days on Market

Highlights

  • Gated Community
  • City View
  • Wood Flooring
  • Garfield High School Rated A
  • Property is near public transit
  • Elevator

About This Home

As of January 2020

Welcome to Trace North! An upscale condo located in the heart of Capitol Hill. This sleek and stylish studio offers high ceilings, private balcony, secured parking & storage. Relax on the roof top deck with expansive views. Walk to Seattle's hottest night life, restaurants, coffee houses, shops & parks. No Rental Caps! Minutes to Light Rail & Microsoft Connector. Easy bike commute to SLU & downtown. Rapid Ride G line coming 2022! Low HOA dues. Come live in the middle of it all!

Last Agent to Sell the Property

Ryan Wong

Tran Property Group License #101441 Listed on: 11/21/2019

Last Buyer's Agent

Maynard Wagner

Real Broker LLC License #22000775

Real Broker LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1543448

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,120

Year Built

  • Built in 2007

HOA Fees

  • $313 Monthly HOA Fees

Parking

  • 1 Car Garage

Property Views

  • Mountain
  • Territorial

Home Design

  • Flat Roof Shape

Interior Spaces

  • 1 Full Bathroom
  • 484 Sq Ft Home
  • Insulated Windows
  • Wood Flooring

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Utilities

  • Water Heater
  • High Speed Internet

Additional Features

  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 8664970800

Community Details

Overview

  • Association fees include common area maintenance, garbage
  • 100 Units
  • Madrona Real Estate Association
  • Secondary HOA Phone (206) 623-7662
  • Trace Lofts North Condos
  • Capitol Hill Subdivision
  • Park Phone (206) 290-9593 | Manager Jennifer Landon
  • 6-Story Property

Amenities

  • Elevator
  • Lobby

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,120

Year Built

Built in 2007

Lot Details

0

HOA Fees

$313 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 2007
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Microwave,RangeOven,Refrigerator,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Trace Lofts North
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 484
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 0
  • UnitFeatures: Balcony/Deck/Patio,Insulated Windows,Primary Bath
  • Special Features: VirtualTour
  • Cumulative Days on Market: 214

Interior Features

  • Appliances: Dryer, Washer
  • Full Bathrooms: 1
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: Hardwood, Cooking-Gas, Water Heater
  • 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
  • StorageNo: 21
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Microwave,Range/Oven,Refrigerator,Washer
  • StorageLocation: Garage
  • WindowCoverings: yes

Exterior Features

  • Roof: Flat
  • View: City, Mountain(s), Territorial
  • Lot Features: Curbs
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement/Concrete
  • Structure Type: Multi Family
  • BusLineNearby: true
  • BusRouteNumber: 2, 10, 11, 12, 43

Garage/Parking

  • Carport Y N: No
  • Garage Yn: Yes
  • Total Parking Spaces: 1
  • ParkingSpaceNumbers: 70

Utilities

  • Security: Security Gate
  • Heating Yn: Yes
  • Utilities: Electricity Available, Garbage
  • ApplianceHookups: Cooking-Gas
  • WaterHeaterLocation: Closet
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Community Features: Elevator, Lobby Entrance
  • Park Manager Name: Jennifer Landon
  • Park Manager Phone: 206-290-9593
  • Association Fee: 313
  • Association Fee Frequency: Monthly
  • Phone: 206-623-7662
  • AssociationContactName: Madrona Real Estate
  • CoOp: false
  • CommonPropertyFeatures: Elevator,High Speed Int Avail,Lobby Entrance,Security Gate

Fee Information

  • Association Fee Includes: Common Area Maintenance, Garbage

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 8664970800
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: KCR
  • MLSSquareFootageSource: KCR

Green Features

  • Efficiency: Insulated Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2018
  • Tax Annual Amount: 3120

Multi Family

  • Number Of Units In Community: 100
  • UnitsInBuildingTotal: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2019
Closed on
Jan 7, 2020
Sold by
Bui Nghia
Bought by
Nguyen Thien Tai
Seller's Agent
Ryan Wong
Tran Property Group
Buyer's Agent
Maynard Wagner
Real Broker LLC
List Price
$359,000
Sold Price
$345,000
Premium/Discount to List
-$14,000
-3.9%
Current Estimated Value
$373,381

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,381
Avg. Annual Appreciation
1.21%
Original Mortgage
$235,000
Outstanding Balance
$209,840
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$159,204

Purchase Details

Listed on
Jul 14, 2016
Closed on
Aug 29, 2016
Sold by
Lin Adam
Bought by
Bui Nghia
Seller's Agent
Jennie Fan
John L. Scott, Inc.
Buyer's Agent
Ryan Wong
Tran Property Group
List Price
$295,000
Sold Price
$295,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.77%
Original Mortgage
$236,000
Interest Rate
3.43%
Mortgage Type
Commercial

Purchase Details

Listed on
Jul 16, 2014
Closed on
Aug 16, 2014
Sold by
Esquivel Ramon
Bought by
Lin Adam
Seller's Agent
Zachary Hill
Keller Williams Seattle Metro
Buyer's Agent
Jennie Fan
John L. Scott, Inc.
List Price
$235,000
Sold Price
$235,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.85%
Original Mortgage
$188,000
Interest Rate
4.12%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 5, 2009
Sold by
12Th & Madison Llc
Bought by
Esquivel Ramon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,775
Interest Rate
5.37%
Mortgage Type
FHA
Source: Public Records

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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 $345,000 Stewart Title Company
Warranty Deed $295,000 Chicago Title
Warranty Deed $235,000 First American
Warranty Deed $235,000 First American
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $235,000 New Conventional
Previous Owner $236,000 Commercial
Previous Owner $188,000 Commercial
Previous Owner $226,775 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2020 01/10/20 Sold $345,000 -3.9% $713 / Sq Ft
12/14/2019 12/14/19 Pending -- -- --
11/21/2019 11/21/19 For Sale $359,000 +21.7% $742 / Sq Ft
08/31/2016 08/31/16 Sold $295,000 0.0% $610 / Sq Ft
07/22/2016 07/22/16 Pending -- -- --
07/14/2016 07/14/16 For Sale $295,000 +25.5% $610 / Sq Ft
08/21/2014 08/21/14 Sold $235,000 0.0% $486 / Sq Ft
07/21/2014 07/21/14 Pending -- -- --
07/16/2014 07/16/14 For Sale $235,000 -- $486 / 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 $3,044 $324,000 $102,900 $221,100
2023 $3,167 $343,000 $102,900 $240,100
2022 $2,987 $329,000 $82,300 $246,700
2021 $3,274 $332,000 $82,300 $249,700
2020 $3,954 $346,000 $78,400 $267,600
2018 $3,120 $397,000 $64,600 $332,400
2017 $2,638 $322,000 $62,700 $259,300
2016 $2,493 $281,000 $49,000 $232,000
2015 $2,251 $259,000 $36,200 $222,800
2014 -- $239,000 $31,300 $207,700
2013 -- $215,000 $26,400 $188,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1543448

Northwest Multiple Listing Service (NWMLS)

APN: 866497-0800