Listed by Coldwell Banker Bain, Bought with Engel & Voelkers Seattle DT
NOT LISTED FOR SALE

Estimated Value: $494,002 - $546,000

1 Bed
1 Bath
602 Sq Ft
$593/mo HOA Fee

Last Sold January 26, 2022

Last sale price $475,000 $789 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,745/month

2 Days on Market

Highlights

  • Fitness Center
  • 3-minute walk to University St Sta Acrd & Tunnel Sta.-Bay A
  • Property is near public transit
  • Garfield High School Rated A
  • City View
  • 4-minute walk to Westlake Park

About This Home

As of January 2022

Beautifully updated & immac hi-flr 1BR home w/magical city views! Updated kitchen w/cool cabinetry & cntertops open to the living area for entertaining leads to a huge covered deck for optimum outdoor living! Floor to ceiling windows with glass doors from both living & bedroom area to the deck drenched in natural light! Lovely tile bath, W/D & great storage. Luxury amenities incl gym, party rm, indoor pool, spa, common area deck w/BBQ & 24/7 concierge. Parking spc has EV charging CKT (orig pd $1800) & is a bonus since not everyone has this feature. Perfect 1st, 2nd or investment opportunity. No Rental Cap, Airbnb & pets Ok! Outstanding loctn - steps to retail shopping, PPMkt, dining, bus, pub trans, wtrfront & more! Incredible value!

Last Agent to Sell the Property

Lin Shih

Coldwell Banker Bain License #29908 Listed on: 01/07/2022

Coldwell Banker Bain

Last Buyer's Agent

Shelley Carlson

Engel & Voelkers Seattle DT License #6198

Engel & Voelkers Seattle DT

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1876485

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,864

Year Built

  • Built in 1991

Lot Details

  • 0.53

HOA Fees

  • $593 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Common or Shared Parking

Property Views

  • Territorial

Home Design

  • Built-Up Roof

Interior Spaces

  • 602 Sq Ft Home
  • Blinds

Kitchen

  • Electric Oven or Range
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Electric Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • East Facing Home
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 6065011170

Community Details

Overview

  • Association fees include common area maintenance, concierge, earthquake insurance, garbage, sewer, water
  • Yalnes Inc. Association
  • Secondary HOA Phone (206) 708-7777
  • Newmark Tower Condos
  • Downtown Subdivision
  • Park Phone (206) 624-8840 | Manager Leland Hagendorf
  • 24-Story Property

Amenities

  • Game Room
  • Recreation Room
  • Elevator
  • Lobby

Recreation

  • Community Spa

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,864

Year Built

Built in 1991

Lot Details

0

HOA Fees

$593 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 1991
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Microwave,Refrigerator,StoveRange,Washer,LeasedEquipment
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: See Remarks
  • Building Name: Newmark Tower
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 602
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 0
  • RemodeledUpdated: true
  • UnitFeatures: Balcony/Deck/Patio
  • Special Features: VirtualTour
  • Cumulative Days on Market: 1,294

Interior Features

  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 1
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Entry Location: Main
  • Fireplace: No
  • Flooring: See Remarks, Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet, Balcony/Deck/Patio, Cooking-Electric, Dryer-Electric, Washer, Water Heater
  • Main Level Bedrooms: 1
  • Stories: 24
  • 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: 18
  • StorageNo: 4th Floor
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Microwave,Refrigerator,Stove/Range,Washer
  • StorageLocation: 166
  • WindowCoverings: Blinds

Exterior Features

  • Roof: Built-Up
  • View: City, See Remarks, Territorial
  • Lot Features: Alley, Corner Lot, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Direction Faces: East
  • Exterior Features: Cement/Concrete
  • Structure Type: Multi Family
  • BusLineNearby: true
  • ConstructionMethods: Steel & Concrete
  • ViewFrom: Unit

Garage/Parking

  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Common Garage
  • Total Parking Spaces: 1
  • ParkingSpaceNumbers: C201

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Heating Yn: Yes
  • Utilities: Electricity Available, Common Area Maintenance, Garbage
  • HeatingCoolingType: Baseboard
  • ApplianceHookups: Cooking-Electric,Dryer-Electric,Washer
  • WaterHeaterLocation: Closet
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Community Features: Cable TV, Elevator, Exercise Room, Fire Sprinklers, Game/Rec Rm, High Speed Int Avail, Hot Tub, Lobby Entrance, Indoor Pool, See Remarks
  • Park Manager Name: Leland Hagendorf
  • Park Manager Phone: 206-624-8840
  • Senior Community: No
  • Association Fee: 593
  • Association Fee Frequency: Monthly
  • Phone: 206-708-7777
  • Association: Yes
  • Pets Allowed: Subj to Restrictions
  • Common Interest: Condominium
  • AssociationContactName: Yalnes Inc.
  • CoOp: false
  • CommonPropertyFeatures: Cable TV,Elevator,Exercise Room,Fire Sprinklers,Game/Rec Rm,High Speed Int Avail,Hot Tub,Lobby Entrance,Pool-Indoor,See Remarks

Fee Information

  • Association Fee Includes: Common Area Maintenance, Concierge, Earthquake Insurance, Garbage, Sewer, Water

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 6065011170
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSSquareFootageSource: King County

Green Features

  • Power Production Type: Electric

Rental Info

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

Tax Info

  • Year: 2021
  • Tax Annual Amount: 3864

Multi Family

  • EnergySource: Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2022
Closed on
Jan 21, 2022
Sold by
Morgan Steven S and Morgan Carol H
Bought by
Akoum Farah and Akoum Nazem
Seller's Agent
Lin Shih
Coldwell Banker Bain
Buyer's Agent
Shelley Carlson
Engel & Voelkers Seattle DT
List Price
$459,950
Sold Price
$475,000
Premium/Discount to List
$15,050
3.27%
Current Estimated Value
$511,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,001
Avg. Annual Appreciation
2.22%

Purchase Details

Closed on
May 12, 2001
Sold by
Morgan Steven S
Bought by
Morgan Steven S and Morgan Carol H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
7.03%

Purchase Details

Closed on
Feb 16, 1994
Sold by
Newmark Ltd Partnership
Bought by
Morgan Steven S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,900
Interest Rate
6.98%
Source: Public Records

Range of Values:

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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
Akoum Farah $475,000 Rainier Title Company
Morgan Steven S -- Transnation Title Insurance
Morgan Steven S $99,900 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morgan Steven S $157,500
Previous Owner Morgan Steven S $89,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2022 01/26/22 Sold $475,000 +3.3% $789 / Sq Ft
01/09/2022 01/09/22 Pending -- -- --
01/07/2022 01/07/22 For Sale $459,950 -- $764 / 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 $4,247 $457,000 $138,400 $318,600
2023 $3,565 $468,000 $138,400 $329,600
2022 $3,703 $434,000 $96,900 $337,100
2021 $3,864 $415,000 $96,900 $318,100
2020 $4,632 $411,000 $96,900 $314,100
2018 $4,265 $471,000 $85,300 $385,700
2017 $3,690 $443,000 $76,100 $366,900
2016 $3,175 $396,000 $66,900 $329,100
2015 $2,955 $332,000 $60,000 $272,000
2014 -- $316,000 $55,300 $260,700
2013 -- $251,000 $46,100 $204,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1876485

Northwest Multiple Listing Service (NWMLS)

APN: 606501-1170