NOT LISTED FOR SALE

Estimated Value: $750,000 - $882,000

2 Beds
1 Bath
991 Sq Ft
0.53 Acres

Last Sold June 21, 2021

Last sale price $870,000 $878 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $5,219/month

5 Days on Market

Highlights

  • Views of a Sound
  • 3-minute walk to University St Sta Acrd & Tunnel Sta.-Bay A
  • 4-minute walk to Westlake Park
  • Garfield High School Rated A
  • Modern Architecture

About This Home

As of June 2021

Rare chance to own an iconic Seattle Postcard view! Located on the 11th floor in Newmark Tower above Target building at 2nd and Pike, this corner unit embraces 180 degree Puget Sound, mountain, ferries wheel & city views! The epicurean paradise of Pike Place Market is your neighborhood grocery store, restaurant and coffee shop. SAM, Shops, music. Mariners, Seahawks & Sounders. Rock solid building, strong reserves and management. 24/7 concierge with spa amenities: heated pool, gym, sauna, jacuzzi, event room, BBQ deck, gardens, business center. Secure deeded parking & storage. Investors: no rental cap; Airbnb is OK.

Last Agent to Sell the Property

Sara Zhu

WeLakeside License #118358 Listed on: 05/13/2021

WeLakeside

Last Buyer's Agent

Lisa Radovich

Redfin

Redfin

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1772652

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,200

Year Built

  • Built in 1991

Lot Details

  • 0.53

Parking

  • Common or Shared Parking

Property Views

Home Design

  • Modern Architecture
  • Flat Roof Shape
  • Bitumen Roof
  • Stucco

Interior Spaces

  • 1 Bathroom
  • Laminate Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Listing and Financial Details

  • Assessor Parcel Number 6065010610

Community Details

Overview

  • 192 Units
  • Downtown Community
  • 24-Story Property

Pet Policy

  • Pets allowed on a case-by-case basis
  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,200

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 30 - Condo (1 Level)
  • Architecture: Modern
  • Entrance Level: Main
  • Unit Floor Number: 11
  • Year Built: 1991
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Laminate
  • Appliance Hookups: Cooking-Electric, Dryer-Electric, Washer
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 1.75
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Master Bedroom: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Storage: 4th floor locker
  • Storage Number: 55
  • Estimated Sq Ft: 991

Exterior Features

  • Exterior: Cement/Concrete, Stucco
  • Roof: Flat, Torch Down
  • View: City, Lake, Mountain, Sound

Garage/Parking

  • Numberof Assigned Spaces: 1
  • Parking Type: Common Garage
  • Parking Space Number: E172

Utilities

  • Heating And Cooling: Baseboard
  • Water Heater: Kitchen closet-Electric

Condo/Co-op/Association

  • Numberof Units in Building: 192
  • Numberof Units In Complex: 192
  • HOA Fees: 909
  • Community Name: Downtown
  • Project: Newmark Tower
  • Cats And Dogs: Subj To Restrictions
  • Manager Contact Information: Leland Hagendorf (206) 624-8840
  • Association Contact: Leland Hagendorf (206) 624-8840
  • Common Property Features: Athletic Court, Cable Tv, Club House, Elevator, Exercise Room, Fire Sprinklers, Game/Rec Rm, High Speed Int Avail, Hot Tub, Lobby Entrance, Pool-Indoor, Sauna, Security Gate
  • Home Owner Dues Included: Earthquake Ins., Garbage, Water/Sewer, Concierge, Common Area Maintenance
  • Unit Features: Balcony/Deck/Patio, End Unit, Master Bath

Schools

  • School District: SEA

Lot Info

  • Lot Details: Curbs, Paved Street, Sidewalk
  • Lot Sq Ft: 23081
  • Parcel Number: 6065010610

Tax Info

  • Tax Amount: 6733

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2021
Closed on
Jun 9, 2021
Sold by
Qi Fei and Lu Jia
Bought by
Nobregas Karel Trueba and Cires Talia
Seller's Agent
Sara Zhu
WeLakeside
Buyer's Agent
Lisa Radovich
Redfin
List Price
$825,000
Sold Price
$870,000
Premium/Discount to List
$45,000
5.45%
Current Estimated Value
$828,393

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$41,607
Avg. Annual Appreciation
-1.14%
Original Mortgage
$696,000
Outstanding Balance
$636,962
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$192,720

Purchase Details

Listed on
Jun 20, 2017
Closed on
Jul 12, 2017
Sold by
Silvernagel Robert K and Silvernagel Jessica
Bought by
Qi Fei and Lu Jia
Seller's Agent
Jessie Culbert Boucher
COMPASS
Buyer's Agent
Lin Lin
RSVP Brokers ERA
List Price
$743,500
Sold Price
$800,000
Premium/Discount to List
$56,500
7.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.17%

Purchase Details

Closed on
Oct 9, 2012
Sold by
Dunlap Damion D
Bought by
Silvernagel Robert K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,333
Interest Rate
3.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 2010
Sold by
Richards Rachel M and Dunlap Damion D
Bought by
Dunlap Damion D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,000
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 22, 2010
Sold by
Lark Zachary
Bought by
Yang Luly

Purchase Details

Closed on
Sep 12, 2005
Sold by
Rodriguez Roberto D and Rodriguez Annemarie
Bought by
Richards Rachel M and Dunlap Damion D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
5%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Nobregas Karel Trueba $870,000 Chicago Title Company Of Wa
Qi Fei $800,000 First American Title Ins Co
Silvernagel Robert K $385,000 Chicago Title
Dunlap Damion D -- Servicelink
Yang Luly -- None Available
Richards Rachel M $385,000 Pacific Nw Tit
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nobregas Karel Trueba $696,000
Previous Owner Silvernagel Robert $134,400
Previous Owner Silvernagel Robert K $372,333
Previous Owner Dunlap Damion D $323,000
Previous Owner Richards Rachel M $130,000
Previous Owner Richards Rachel M $38,500
Previous Owner Richards Rachel M $308,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2021 06/21/21 Sold $870,000 +5.5% $878 / Sq Ft
05/18/2021 05/18/21 Pending -- -- --
05/13/2021 05/13/21 For Sale $825,000 +3.1% $832 / Sq Ft
07/27/2017 07/27/17 Sold $800,000 +7.6% $807 / Sq Ft
06/27/2017 06/27/17 Pending -- -- --
06/20/2017 06/20/17 For Sale $743,500 -- $750 / 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 $8,200 $887,000 $238,800 $648,200
2023 $6,463 $963,000 $238,800 $724,200
2022 $6,935 $791,000 $167,200 $623,800
2021 $6,667 $781,000 $167,200 $613,800
2020 $8,010 $712,000 $167,200 $544,800
2018 $7,420 $902,000 $147,300 $754,700
2017 $6,307 $773,000 $131,300 $641,700
2016 $5,167 $679,000 $115,400 $563,600
2015 $5,061 $542,000 $103,500 $438,500
2014 -- $543,000 $95,500 $447,500
2013 -- $450,000 $79,600 $370,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1772652

Northwest Multiple Listing Service (NWMLS)

APN: 606501-0610