Listed by Realogics Sotheby's Int'l Rlty, Bought with Redfin
NOT LISTED FOR SALE

Meridian 1420 Terry Ave Unit 2702 Seattle, WA 98101

First Hill Neighborhood

Estimated Value: $764,000 - $1,948,000

3 Beds
2.5 Baths
2,189 Sq Ft
$2,642/mo HOA Fee

Last Sold April 19, 2024

Last sale price $1,915,000 $875 Per Sq Ft

Est. 19% decrease in value since last sale

Current estimated payment $12,411/month

47 Days on Market

Highlights

  • Views of a Sound
  • Fitness Center
  • Penthouse
  • Garfield High School Rated A
  • Unit is on the top floor
  • 4-minute walk to First Hill Park

About This Home

As of April 2024

The Meridian Penthouse // Ideally situated between Seattle's downtown retail core and the vibrant Pike/Pine corridor, this exquisite penthouse residence with wrap around terrace harmonizes urban convenience with luxury living. Enjoy seamless fusion of fresh contemporary design and timeless elegance, offering unobstructed 290* views of the city skyline, Puget Sound, the Cascades, Mt Baker, and Mt Rainier. Step through the grand entry into spacious and lofty living areas designed to inspire and captivate. The chef's kitchen boasts an oversized island and top-of-the-line appliances, creating a luxurious ambiance. Retreat to the expansive master suite to enjoy morning sunrises over the Cascades. 3 parking. 3 storage. Exceptionally well-run HOA.

Last Agent to Sell the Property

Jay Kipp

Realogics Sotheby's Int'l Rlty License #25783 Listed on: 02/15/2024

Realogics Sotheby's Int'l Rlty

Last Buyer's Agent

Stephanie Kastner

Redfin License #83723

Redfin

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2196670

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $18,667

Year Built

  • Built in 2002

Lot Details

  • End Unit
  • North Facing Home
  • Sprinkler System

HOA Fees

  • $2,642 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Common or Shared Parking

Property Views

  • Views of a Sound
  • Lake
  • Mountain
  • Territorial

Home Design

  • Penthouse
  • Contemporary Architecture
  • Flat Roof Shape
  • Brick Exterior Construction
  • Bitumen Roof
  • Metal Roof

Interior Spaces

  • 2,189 Sq Ft Home
  • Vaulted Ceiling
  • 2 Fireplaces
  • Gas Fireplace
  • Insulated Windows
  • French Doors

Kitchen

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

Flooring

  • Wood
  • Wall to Wall Carpet
  • Stone
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet

Laundry

  • Gas Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Patio

Location

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

Utilities

  • Forced Air Heating and Cooling System
  • High Efficiency Air Conditioning
  • High Efficiency Heating System
  • Radiant Heating System
  • Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5464101610

Community Details

Overview

  • Association fees include central hot water, common area maintenance, concierge, earthquake insurance, garbage, security
  • 158 Units
  • Phil Sheffer Association
  • Secondary HOA Phone (206) 280-9881
  • Meridian Condos
  • First Hill Subdivision
  • Park Phone (206) 280-9881 | Manager Phil Sheffer
  • 27-Story Property

Amenities

  • Game Room
  • Recreation Room
  • Elevator

Recreation

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$18,667

Year Built

Built in 2002

Lot Details

0

HOA Fees

$2,642 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 2002
  • Buyer Agency Compensation: 3.0
  • Inclusions: Dishwashers,Dryers,GarbageDisposal,Microwaves,Refrigerators,StovesRanges,Washers
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Contemporary
  • Building Name: Meridian
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 2189
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 2
  • RemodeledUpdated: true
  • UnitFeatures: Balcony/Deck/Patio,End Unit,French Doors,Insulated Windows,Penthouse,Primary Bath,Sprinkler System,Top Floor,Vaulted Ceilings,Walk-in Closet
  • NWM_ExcludedItemsYN: false
  • Special Features: VirtualTour
  • Cumulative Days on Market: 535

Interior Features

  • Fireplaces: 2
  • Appliances: Dishwasher(s), Dryer(s), Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Stone, Carpet
  • Interior Amenities: Ceramic Tile, Hardwood, Wall to Wall Carpet, Balcony/Deck/Patio, Cooking-Gas, Dryer-Gas, Washer, Fireplace, Water Heater
  • Main Level Bedrooms: 3
  • Stories: 27
  • Bathrooms: 2.25
  • BathsFullMain: 1
  • FireplacesMain: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • FloorNumberOfUnit: 27
  • StorageNo: 29, 30, 31
  • AppliancesIncluded: Dishwasher(s),Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • StorageLocation: Parking Level
  • WindowCoverings: Roller Shades
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 1

Exterior Features

  • Roof: Flat, Metal, Torch Down
  • View: City, Lake, Mountain(s), Sound, Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Direction Faces: North
  • Exterior Features: Brick, Cement/Concrete
  • Structure Type: Multi Family
  • BusLineNearby: true
  • ViewFrom: Rooftop Deck,Unit

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Common Garage
  • Total Parking Spaces: 3
  • ParkingSpaceNumbers: 29, 30, 31

Utilities

  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Security: SecurityServices
  • Cooling: Central A/C, Forced Air, High Efficiency (Unspecified)
  • Cooling Y N: Yes
  • Heating: Forced Air, High Efficiency (Unspecified), Radiant
  • Heating Yn: Yes
  • ApplianceHookups: Cooking-Gas,Dryer-Gas,Washer
  • WaterHeaterLocation: Common Boiler
  • WaterHeaterType: Gas

Condo/Co-op/Association

  • Community Features: Cable TV, Elevator, Exercise Room, Fire Sprinklers, Game/Rec Rm, High Speed Int Avail, Lobby Entrance
  • Park Manager Name: Phil Sheffer
  • Park Manager Phone: 206-280-9881
  • Senior Community: No
  • Association Fee: 2642
  • Association Fee Frequency: Monthly
  • Phone: 206-280-9881
  • Association: Yes
  • Pets Allowed: Subj to Restrictions
  • AssociationContactName: Phil Sheffer
  • CoOp: false
  • CommonPropertyFeatures: Cable TV,Elevator,Exercise Room,Fire Sprinklers,Game/Rec Rm,High Speed Int Avail,Lobby Entrance

Fee Information

  • Association Fee Includes: Central Hot Water, Common Area Maintenance, Concierge, Earthquake Insurance, Garbage, Security
  • NWM_OtherDuesOrFeesYN: true

Schools

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

Lot Info

  • Parcel Number: 5464101610
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: Public Records
  • MLSSquareFootageSource: Public Records

Green Features

  • Efficiency: Insulated Windows
  • Power Production Type: Electric, Natural Gas

Rental Info

  • RentalCap: At or above Rental Cap (See Remarks)
  • ShortTermRentalYN: false

Tax Info

  • Year: 2023
  • Tax Annual Amount: 18667

Multi Family

  • Number Of Units In Community: 158
  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 158

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2024
Closed on
Apr 16, 2024
Sold by
Haitani Family Trust and Haitani Robert Yuji
Bought by
Rogel Randall S
Seller's Agent
Jay Kipp
Realogics Sotheby's Int'l Rlty
Buyer's Agent
Stephanie Kastner
Redfin
List Price
$2,000,000
Sold Price
$1,915,000
Premium/Discount to List
-$85,000
-4.25%
Views
65
Current Estimated Value
$1,543,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$371,667
Avg. Annual Appreciation
2.77%

Purchase Details

Closed on
Oct 1, 2013
Sold by
Suh Okhee
Bought by
Haitani Robert Yuji and Haitani Yukari

Purchase Details

Closed on
Dec 31, 2012
Sold by
Jung Edward
Bought by
Suh Okhee

Purchase Details

Closed on
Dec 13, 2010
Sold by
Jung Edward and Jung Joo Yun Joanna
Bought by
Myocardial Holdings Llc

Purchase Details

Closed on
Jan 14, 2008
Sold by
Tu Raymond
Bought by
Jung Edward and Jung Joo Yun Joanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
7%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 11, 2006
Sold by
Taliesen Corp
Bought by
Tu Raymond

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,109,937
Interest Rate
4.87%
Mortgage Type
Commercial
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
Rogel Randall S $1,915,000 Chicago Title
Haitani Robert Yuji $1,848,000 Chicago Title
Suh Okhee -- None Available
Jung Edward -- None Available
Myocardial Holdings Llc -- None Available
Jung Edward $2,075,000 Commonwealth L
Tu Raymond $1,479,916 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Haitani Robert Yuji $528,000
Previous Owner Haitani Robert Yuji $120,000
Previous Owner Jung Edward $1,300,000
Previous Owner Tu Raymond $1,109,937
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2024 04/19/24 Sold $1,915,000 -4.3% $875 / Sq Ft
04/02/2024 04/02/24 Pending -- -- --
02/15/2024 02/15/24 For Sale $2,000,000 -- $914 / 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 $16,320 $1,771,000 $132,700 $1,638,300
2023 $18,667 $2,347,000 $132,700 $2,214,300
2022 $19,350 $2,295,000 $132,700 $2,162,300
2021 $18,020 $2,188,000 $132,700 $2,055,300
2020 $18,451 $1,932,000 $132,700 $1,799,300
2018 $14,137 $1,931,000 $103,800 $1,827,200
2017 $15,263 $1,476,000 $92,200 $1,383,800
2016 $16,555 $1,648,000 $69,200 $1,578,800
2015 $12,244 $1,743,000 $63,400 $1,679,600
2014 -- $1,318,000 $57,600 $1,260,400
2013 -- $1,264,000 $49,600 $1,214,400
Source: Public Records

Agents Affiliated with this Home

  • Jay Kipp

    Seller's Agent in 2024

    Jay Kipp

    Reaologics Sothebys International Realty

    (206) 538-0730

    1 in this area

    133 Total Sales

    Section Image

  • S

    Buyer's Agent in 2024

    Stephanie Kastner

    Redfin

    Section Image
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About Meridian

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2196670

Northwest Multiple Listing Service (NWMLS)

APN: 546410-1610

Washington King County Seattle 98101 First Hill

1420 Terry Ave Unit 2702, Seattle, WA

This home is located at 1420 Terry Ave Unit 2702, Seattle, WA 98101 since 15 February 2024 and is currently estimated at $1,543,333, approximately $705 per square foot. This property was built in 2002. 1420 Terry Ave Unit 2702 is a home located in King County with nearby schools including Lowell Elementary School, Meany Middle School, and Garfield High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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