NOT LISTED FOR SALE

Estimated Value: $630,000 - $760,000

2 Beds
1 Bath
1,004 Sq Ft
0.53 Acres

Last Sold November 19, 2020

Last sale price $585,000 $583 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $4,277/month

56 Days on Market

Highlights

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

About This Home

As of November 2020

Premier location, steps from vibrant Pike Place Market, ferries, waterfront & SAM. This corner 2-bed unit in the Newmark Tower has Mtn, Sound & Sunset vistas & newer kitchen with pantry. Newer HWH, new W&D & baths have been updated too. Rock-solid building offers 24/7 concierge service, guest suite, library, club room, swimming pool with hot tub & sauna, fitness center, roof deck & biz center. Secure garage parking w/electric charging rights plus storage unit. Airbnb is allowed & no rental cap!

Last Agent to Sell the Property

Russ Katz

Windermere RE Magnolia License #84999 Listed on: 08/28/2020

Windermere RE Magnolia

Last Buyer's Agent

Lindsay Wonderly

Redfin License #109181

Redfin

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1651652

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,168

Year Built

  • Built in 1991

Lot Details

  • 0.53

Parking

  • Common or Shared Parking

Property Views

  • Territorial

Home Design

  • Modern Architecture
  • Flat Roof Shape

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Bamboo
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bathroom

Laundry

  • Dryer
  • Washer

Listing and Financial Details

  • Assessor Parcel Number 6065010160

Community Details

Overview

  • 192 Units
  • Downtown Community
  • 25-Story Property

Pet Policy

  • Pet Restriction
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,168

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: 7
  • Year Built: 1991
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Bamboo/Cork, Ceramic Tile
  • Remodeled: Y
  • Remodeled Updated: Y
  • Appliance Hookups: Cooking-Electric, Dryer-Electric, Washer
  • Appliances That Stay: Dishwasher, Dryer, 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
  • Dining Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Storage: 4th Floor
  • Storage Number: 146
  • Estimated Sq Ft: 1004

Exterior Features

  • Exterior: Cement/Concrete
  • Roof: Flat
  • View: City, Mountain, Sound, Territorial

Garage/Parking

  • Numberof Assigned Spaces: 1
  • Parking Type: Common Garage
  • Parking Space Number: E138

Utilities

  • Heating And Cooling: Baseboard
  • Water Heater: In Unit-Electric

Condo/Co-op/Association

  • Numberof Units in Building: 192
  • Numberof Units In Complex: 192
  • HOA Fees: 878
  • Community Name: Downtown
  • Project: Newmark Tower Condo
  • Cats And Dogs: Cats Only, Dogs Only, Subj To Restrictions
  • Manager Contact Information: Leland Hangendor (206) 624-8840
  • Association Contact: Yalnes Property Mgmt (206) 708-7777
  • Common Property Features: Cable Tv, 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: End Unit, Insulated Windows, Master Bath

Schools

  • Elementary School: Lowell
  • Middle School: Meany Mid
  • High School: Garfield High
  • School District: SEA

Lot Info

  • Lot Details: Alley, Curbs, Paved Street, Sidewalk
  • Lot Sq Ft: 23081
  • Parcel Number: 6065010160

Tax Info

  • Tax Amount: 6385

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 13, 2021
Sold by
Hsu David C and Chung Chia J
Bought by
Newmark 704 Llc
Current Estimated Value
$687,144

Purchase Details

Listed on
Aug 28, 2020
Closed on
Nov 18, 2020
Sold by
Albright Thomas Edward and Albright Holly Joy
Bought by
Hsu David C and Chung Chia J
Seller's Agent
Russ Katz
Windermere RE Magnolia
Buyer's Agent
Lindsay Wonderly
Redfin
List Price
$635,000
Sold Price
$585,000
Premium/Discount to List
-$50,000
-7.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.60%
Original Mortgage
$555,750
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 2017
Sold by
Schultz John S and Uriol Mirel Gutarra
Bought by
Albright Thomas Edward and Albright Holly Joy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$592,200
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 2004
Sold by
Doquilo Jesse Louis and Zeck Laura
Bought by
Smith Jeffrey K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,800
Interest Rate
5.64%
Mortgage Type
Purchase Money Mortgage
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
Newmark 704 Llc -- None Available
Hsu David C $585,000 Cw Title
Albright Thomas Edward $655,000 First American
Smith Jeffrey K $266,000 Washington Tit
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hsu David C $555,750
Previous Owner Albright Thomas Edward $592,200
Previous Owner Schultz John S $318,360
Previous Owner Smith Jeffrey K $69,000
Previous Owner Smith Jeffrey K $212,800
Closed Smith Jeffrey K $39,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2020 11/19/20 Sold $585,000 -2.5% $583 / Sq Ft
10/23/2020 10/23/20 Pending -- -- --
10/01/2020 10/01/20 Price Changed $600,000 -2.4% $598 / Sq Ft
09/11/2020 09/11/20 Price Changed $615,000 -3.1% $613 / Sq Ft
08/28/2020 08/28/20 For Sale $635,000 +59.6% $632 / Sq Ft
04/04/2013 04/04/13 Sold $397,950 0.0% $396 / Sq Ft
02/27/2013 02/27/13 Pending -- -- --
02/25/2013 02/25/13 For Sale $397,950 -- $396 / 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 $6,168 $666,000 $166,100 $499,900
2023 $6,199 $680,000 $166,100 $513,900
2022 $5,539 $621,000 $116,300 $504,700
2021 $5,354 $623,000 $116,300 $506,700
2020 $6,385 $571,000 $116,300 $454,700
2018 $5,842 $662,000 $102,400 $559,600
2017 $5,031 $608,000 $91,400 $516,600
2016 $4,465 $541,000 $80,300 $460,700
2015 $4,263 $468,000 $72,000 $396,000
2014 -- $457,000 $66,400 $390,600
2013 -- $369,000 $55,300 $313,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1651652

Northwest Multiple Listing Service (NWMLS)

APN: 606501-0160