Listed by Locality, Bought with Concierge Real Estate Partners
NOT LISTED FOR SALE

Estimated Value: $742,000 - $766,000

2 Beds
2 Baths
981 Sq Ft
$969/mo HOA Fee

Last Sold June 17, 2022

Last sale price $765,000 $780 Per Sq Ft

Current estimated payment $5,757/month

19 Days on Market

Highlights

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

About This Home

As of June 2022

Live in luxury in Seattle's most iconic location. Situated next to Pike Place Market, the Newmark is a premier 24 story tower with unmatched amenities and a well capitalized HOA. Walk-in to the grand lobby greeted by the 24/7 concierge. Enjoy the renovated indoor pool, sauna, hot tub, rec room, gym & rooftop deck with sweeping 180° views of Elliot Bay. Located on the 18th floor - well above the vibrant business district below. Enjoy 2 oversized bedrooms w/ City & Bay views. Updated w/ oak hardwoods, rich dark cabinetry, quartz counters, & soaring energy efficient European tilt windows. 2 secured, deeded, parking spots w/ the ability to add EV charging included. Perfect vacation rental right next to cruise terminal, Pike Place, SAM, & more!

Last Agent to Sell the Property

Trevor Smith

Locality License #24079 Listed on: 05/11/2022

Locality

Co-Listed By

Molly Smith

Locality License #24809

Last Buyer's Agent

Donte Marcy

Concierge Real Estate Partners License #138159

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1926058

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,034

Year Built

  • Built in 1991

Lot Details

  • End Unit
  • Southeast Facing Home

HOA Fees

  • $969 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Common or Shared Parking

Property Views

  • Limited

Home Design

  • Flat Roof Shape
  • Vinyl Construction Material

Interior Spaces

  • 981 Sq Ft Home
  • Insulated Windows

Kitchen

  • Electric Oven or Range
  • Stove
  • Dishwasher

Flooring

  • Engineered Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet

Laundry

  • Electric Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Patio

Location

  • Property is near public transit

Schools

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

Utilities

  • Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 6065011190

Community Details

Overview

  • Association fees include common area maintenance, concierge, earthquake insurance, garbage, sewer, water
  • 192 Units
  • 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

  • Dogs and Cats Allowed

Security

  • Gated Community
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,034

Year Built

Built in 1991

Lot Details

0

HOA Fees

$969 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 1991
  • Inclusions: Dishwasher,Dryer,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Newmark Tower
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 981
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 0
  • RemodeledUpdated: true
  • UnitFeatures: Balcony/Deck/Patio,End Unit,Insulated Windows,Primary Bath,Walk-in Closet
  • Special Features: VirtualTour
  • Cumulative Days on Market: 1,170

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace: No
  • Flooring: Ceramic Tile, Engineered Hardwood
  • Interior Amenities: Ceramic Tile, Balcony/Deck/Patio, Cooking-Electric, Dryer-Electric, Washer, Water Heater
  • Main Level Bedrooms: 2
  • Stories: 24
  • Bathrooms: 1.75
  • 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: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • FloorNumberOfUnit: 18
  • StorageNo: 17
  • AppliancesIncluded: Dishwasher,Dryer,Refrigerator,Stove/Range,Washer
  • StorageLocation: 4th Floor

Exterior Features

  • Roof: Flat
  • View: Bay, City, Partial, Sound
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Direction Faces: Southeast
  • Exterior Features: Cement/Concrete, Metal/Vinyl
  • Structure Type: Multi Family
  • BusLineNearby: true
  • ViewFrom: Rooftop Deck,Unit

Garage/Parking

  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Common Garage
  • Total Parking Spaces: 2
  • ParkingSpaceNumbers: E169, C199

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, Club House, Elevator, Exercise Room, Fire Sprinklers, Game/Rec Rm, Gated, High Speed Int Avail, Hot Tub, Lobby Entrance, Indoor Pool, Rooftop Deck, Sauna
  • Park Manager Name: Leland Hagendorf
  • Park Manager Phone: 206-624-8840
  • Senior Community: No
  • Association Fee: 969
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Cats OK, Dogs OK
  • Common Interest: Condominium
  • CoOp: false
  • CommonPropertyFeatures: Cable TV,Club Houses,Elevator,Exercise Room,Fire Sprinklers,Game/Rec Rm,Gated Entry,High Speed Int Avail,Hot Tub,Lobby Entrance,Pool-Indoor,Rooftop Deck,Sauna

Fee Information

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

Schools

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

Lot Info

  • Parcel Number: 6065011190
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist

Green Features

  • Efficiency: Insulated Windows
  • Power Production Type: Electric

Rental Info

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

Tax Info

  • Year: 2022
  • Tax Annual Amount: 6033.92

Multi Family

  • Number Of Units In Community: 192
  • EnergySource: Electric
  • UnitsInBuildingTotal: 192

MLS Schools

  • Elementary School: Lowell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2022
Closed on
Jun 10, 2022
Sold by
Rao Ravikant K and Rao Marine
Bought by
Demshin Aleksandr
Seller's Agent
Trevor Smith
Locality
Buyer's Agent
Donte Marcy
Concierge Real Estate Partners
List Price
$799,950
Sold Price
$765,000
Premium/Discount to List
-$34,950
-4.37%
Current Estimated Value
$765,353

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$353
Avg. Annual Appreciation
-0.01%
Original Mortgage
$726,750
Outstanding Balance
$696,368
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$68,298

Purchase Details

Listed on
Sep 13, 2018
Closed on
Jun 13, 2019
Sold by
Lai Irene
Bought by
Rao Ravikant K and Josso Marine
Seller's Agent
Karen Balkin
Windermere Real Estate/East
Buyer's Agent
Trevor Smith
Locality
List Price
$825,000
Sold Price
$750,000
Premium/Discount to List
-$75,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.68%
Original Mortgage
$712,500
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 6, 2018
Sold by
Lai Nancy P C
Bought by
Lai Irene

Purchase Details

Closed on
Aug 13, 2015
Sold by
Lai Kim Fatt
Bought by
Lai Irene

Purchase Details

Closed on
May 11, 1994
Sold by
Newmark Ltd Partnership
Bought by
Lai Kim Fatt and Lai Nancy P C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
8.1%
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
Demshin Aleksandr $765,000 First American Title
Rao Ravikant K -- First American Title
Lai Irene $108,333 Accommodation
Lai Irene $108,333 None Available
Lai Kim Fatt $190,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Demshin Aleksandr $726,750
Previous Owner Rao Ravikant K $607,500
Previous Owner Rao Ravikant K $712,500
Previous Owner Lai Kim Fatt $133,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2022 06/17/22 Sold $765,000 0.0% $780 / Sq Ft
05/30/2022 05/30/22 Pending -- -- --
05/24/2022 05/24/22 Price Changed $765,000 -4.4% $780 / Sq Ft
05/11/2022 05/11/22 For Sale $799,950 +6.7% $815 / Sq Ft
07/10/2019 07/10/19 Sold $750,000 -3.2% $765 / Sq Ft
06/10/2019 06/10/19 Pending -- -- --
05/24/2019 05/24/19 Price Changed $774,800 -2.9% $790 / Sq Ft
04/25/2019 04/25/19 Price Changed $798,000 -2.1% $813 / Sq Ft
02/24/2019 02/24/19 Price Changed $815,000 -1.2% $831 / Sq Ft
02/01/2019 02/01/19 For Sale $825,000 0.0% $841 / Sq Ft
01/30/2019 01/30/19 Pending -- -- --
11/28/2018 11/28/18 Price Changed $825,000 -2.4% $841 / Sq Ft
09/13/2018 09/13/18 For Sale $845,000 -- $861 / 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 $7,161 $774,000 $221,500 $552,500
2023 $5,984 $787,000 $221,500 $565,500
2022 $6,034 $732,000 $155,100 $576,900
2021 $6,006 $679,000 $155,100 $523,900
2020 $7,041 $641,000 $155,100 $485,900
2018 $6,875 $751,000 $136,600 $614,400
2017 $5,613 $716,000 $121,800 $594,200
2016 $4,816 $604,000 $107,000 $497,000
2015 $4,708 $505,000 $96,000 $409,000
2014 -- $505,000 $88,600 $416,400
2013 -- $409,000 $73,800 $335,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1926058

Northwest Multiple Listing Service (NWMLS)

APN: 606501-1190