NOT LISTED FOR SALE

Estimated Value: $423,000 - $1,157,000

2 Beds
2 Baths
1,492 Sq Ft
$1,570/mo HOA Fee

Last Sold January 19, 2024

Last sale price $1,025,000 $687 Per Sq Ft

Est. 37% decrease in value since last sale

Current estimated payment $5,415/month

177 Days on Market

Highlights

  • Views of a Sound
  • 3-minute walk to University St Sta Acrd & Tunnel Sta.-Bay A
  • Unit is on the top floor
  • Garfield High School Rated A
  • Fitness Center
  • 4-minute walk to Westlake Park

About This Home

As of January 2024

Largest unit in the building! 1,492 sf. penthouse featuring expansive view facing floor-to-ceiling windows. Designed by Architect Jeremy Miller and planned for living, dining, working, and creativity. Special step-out balcony, primary suite, 2 bd, 2 ba, open office space. The loft-inspired gathering space boasts A/C, innovative storage solutions, custom finishes, cork, granite and stainless. Wake to breathtaking sunrises, then relax to the captivating skyline. Located in Seattle's vibrant Newmark Tower, convenient to Pike Place Market, SAM, Benaroya Hall, Waterfront, and Shops. 24-hour concierge, outdoor view decks, fitness center, swimming pool, and lounge. EV Capable parking for 2 vehicles. Excellent Investor Opportunity.

Last Agent to Sell the Property

Pamela Bowe

Coldwell Banker Bain License #26238 Listed on: 07/07/2023

Coldwell Banker Bain

Last Buyer's Agent

Lin Shih

Coldwell Banker Bain License #29908

Coldwell Banker Bain

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2131435

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,956

Year Built

  • Built in 1991

Lot Details

  • End Unit
  • Southeast Facing Home
  • Sprinkler System

HOA Fees

  • $1,570 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Common or Shared Parking

Property Views

  • Territorial

Home Design

  • Penthouse
  • Contemporary Architecture
  • Flat Roof Shape

Interior Spaces

  • 1,492 Sq Ft Home
  • Vaulted Ceiling
  • Insulated Windows

Kitchen

  • Electric Oven or Range
  • Stove
  • <<microwave>>
  • Dishwasher
  • Disposal

Flooring

  • Bamboo
  • Granite
  • Slate Flooring

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet

Laundry

  • Electric Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Patio

Location

  • Unit is on the top floor
  • Property is near public transit

Utilities

  • Central Air
  • Heat Pump System
  • Water Heater
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 6065011900

Community Details

Overview

  • Association fees include common area maintenance, concierge, earthquake insurance, garbage, security, sewer, water
  • 192 Units
  • Derek Tiemeyer Association
  • Secondary HOA Phone (206) 624-8840
  • Newmark Tower Condominium Condos
  • Downtown Subdivision
  • Park Phone (206) 624-8840 | Manager Derek Tiemeyer
  • Electric Vehicle Charging Station
  • 25-Story Property

Amenities

  • Game Room
  • Recreation Room
  • Elevator
  • Lobby

Recreation

  • Sport Court
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Gated Community
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,956

Year Built

Built in 1991

Lot Details

0

HOA Fees

$1,570 per month

Parking

2

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
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Contemporary
  • Building Name: Newmark Tower Condominium
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1492
  • EffectiveYearBuiltSource: See Remarks
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 0
  • RemodeledUpdated: true
  • UnitFeatures: Balcony/Deck/Patio,End Unit,Insulated Windows,Penthouse,Primary Bath,Sprinkler System,Top Floor,Vaulted Ceilings,Walk-in Closet
  • NWM_ExcludedItemsYN: false
  • Special Features: VirtualTour
  • Cumulative Days on Market: 721

Interior Features

  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace: No
  • Flooring: Bamboo/Cork, Granite, Slate
  • Interior Amenities: Bamboo/Cork, Balcony/Deck/Patio, Cooking-Electric, Dryer-Electric, Washer, Water Heater
  • Main Level Bedrooms: 2
  • Stories: 25
  • 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: 25
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Microwave,Refrigerator,Stove/Range,Washer
  • WindowCoverings: Motorized Custom Shades
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 2

Exterior Features

  • Roof: Flat
  • View: Bay, City, Mountain(s), Sound, Territorial
  • Lot Features: Alley, Corner Lot, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Direction Faces: Southeast
  • Exterior Features: Cement/Concrete
  • Structure Type: Multi Family
  • BusLineNearby: true
  • ViewFrom: Rooftop Deck,Unit

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Common Garage
  • Total Parking Spaces: 2
  • ParkingSpaceNumbers: TBD

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Central A/C
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • ApplianceHookups: Cooking-Electric,Dryer-Electric,Washer
  • WaterHeaterLocation: In Unit
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Community Features: Athletic Court, Club House, Electric Car Charging Station, 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: Derek Tiemeyer
  • Park Manager Phone: 206-624-8840
  • Senior Community: No
  • Association Fee: 1570
  • Association Fee Frequency: Monthly
  • Phone: 206-624-8840
  • Association: Yes
  • Pets Allowed: Yes
  • AssociationContactName: Derek Tiemeyer
  • CommonPropertyFeatures: Athletic Court,Club Houses,Electric Car Charging Station,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, Security, Sewer, Water
  • NWM_OtherDuesOrFeesYN: true

Schools

  • Junior High Dist: Seattle
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 6065011900
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSSquareFootageSource: KC Tax Records

Green Features

  • Efficiency: Insulated Windows
  • Power Production Type: Electric

Rental Info

  • RentalCap: No Rental Cap
  • ShortTermRentalYN: true

Tax Info

  • Year: 2023
  • Tax Annual Amount: 8956.32
  • AdditionalTaxIds: 606501-1890-09

Multi Family

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

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2023
Closed on
Jan 11, 2024
Sold by
Aronson Henry M
Bought by
Muldoon Michael
Seller's Agent
Pamela Bowe
Coldwell Banker Bain
Buyer's Agent
Lin Shih
Coldwell Banker Bain
List Price
$1,475,000
Sold Price
$1,025,000
Premium/Discount to List
-$450,000
-30.51%
Views
132
Current Estimated Value
$647,141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$377,859
Avg. Annual Appreciation
-23.62%

Purchase Details

Closed on
Sep 16, 1999
Sold by
Baglien Bruce H and Baglien Ellen
Bought by
Aronson Henry M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,275
Interest Rate
8.09%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 1, 1994
Sold by
Newmark Ltd Partnership
Bought by
Baglien Bruce H and Baglien Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,400
Interest Rate
7%
Source: Public Records

Range of Values:

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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
Muldoon Michael $1,025,000 Rainier Title
Aronson Henry M $155,000 First American
Baglien Bruce H $112,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Aronson Henry M $35,275
Previous Owner Baglien Bruce H $78,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2024 01/19/24 Sold $1,025,000 -14.6% $687 / Sq Ft
12/31/2023 12/31/23 Pending -- -- --
12/12/2023 12/12/23 Price Changed $1,200,000 -12.7% $804 / Sq Ft
10/28/2023 10/28/23 Price Changed $1,375,000 -3.5% $922 / Sq Ft
09/28/2023 09/28/23 Price Changed $1,425,000 -3.4% $955 / Sq Ft
07/07/2023 07/07/23 For Sale $1,475,000 -- $989 / 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 $3,254 $349,000 $190,400 $158,600
2023 $3,151 $429,000 $190,400 $238,600
2022 $3,438 $383,000 $133,200 $249,800
2021 $3,650 $385,000 $133,200 $251,800
2020 $4,336 $388,000 $133,200 $254,800
2018 $3,911 $445,000 $117,400 $327,600
2017 $3,357 $406,000 $104,700 $301,300
2016 $2,853 $360,000 $92,000 $268,000
2015 $2,686 $298,000 $82,500 $215,500
2014 -- $287,000 $76,100 $210,900
2013 -- $224,000 $63,400 $160,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2131435

Northwest Multiple Listing Service (NWMLS)

APN: 606501-1900