Listed by COMPASS, Bought with Windermere Real Estate Co.
NOT LISTED FOR SALE

Estimated Value: $374,000 - $488,000

1 Bed
1 Bath
620 Sq Ft
$572/mo HOA Fee

Last Sold June 12, 2020

Last sale price $395,000 $637 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,132/month

3 Days on Market

Highlights

  • Fitness Center
  • Contemporary Architecture
  • Wood Flooring
  • Garfield High School Rated A
  • Property is near public transit
  • 4-minute walk to First Hill Park

About This Home

As of June 2020

Live on the quiet side of the building in a smart, stylish space at the nexus of Downtown, Capitol Hill & 1st Hill. Walk to work, play, dinner & errands. A true 1BR with sweet extras (fireplace, hardwoods, custom built-ins, balcony) in an established concrete & steel high-rise staffed by concierge, night security & on-site maintenance. Private gym, steam room, jacuzzi, cinema & more. Garage parking + oversized storage unit. Enjoy a superb lifestyle for now + brilliant investment for the future.

Last Agent to Sell the Property

Scott Perret

COMPASS License #49695 Listed on: 05/15/2020

COMPASS

Last Buyer's Agent

Gerry McBarron

Windermere Real Estate Co. License #49873

Windermere Real Estate Co.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1601557

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,962

Year Built

  • Built in 2002

HOA Fees

  • $572 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Metal Roof

Interior Spaces

  • 620 Sq Ft Home
  • 1 Fireplace
  • Insulated Windows
  • Blinds

Kitchen

  • Gas Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Travertine

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Electric Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony

Location

  • Property is near public transit
  • Property is near a bus stop

Utilities

  • Water Heater
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 5464100530

Community Details

Overview

  • Association fees include central hot water, common area maintenance, concierge, water/sewer
  • 161 Units
  • The Meridian Condos
  • Downtown Subdivision
  • Park Phone (206) 706-8000 | Manager CWD Group - Shayna Schuermann
  • 27-Story Property

Amenities

  • Game Room
  • Recreation Room
  • Elevator

Recreation

  • Community Spa

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,962

Year Built

Built in 2002

Lot Details

0

HOA Fees

$572 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 2002
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Microwave,RangeOven,Refrigerator,Washer,LeasedEquipment
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Contemporary
  • Building Name: The Meridian
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 620
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 0
  • RemodeledUpdated: true
  • UnitFeatures: Balcony/Deck/Patio,Insulated Windows,Walk-in Closet
  • Special Features: VirtualTour

Interior Features

  • Fireplaces: 1
  • Appliances: Dryer, Washer
  • Full Bathrooms: 1
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Entry Location: Main
  • Fireplace: Yes
  • Flooring: Hardwood, Travertine
  • Interior Amenities: Hardwood, Cooking-Gas, Dryer-Electric, Ice Maker, Washer, Water Heater
  • Main Level Bedrooms: 1
  • Stories: 27
  • Bathrooms: 1
  • BathsFullMain: 1
  • FireplacesMain: 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: 8
  • StorageNo: 111
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Microwave,Range/Oven,Refrigerator,Washer
  • StorageLocation: P3
  • WindowCoverings: blinds

Exterior Features

  • Roof: Metal
  • Lot Features: Alley, Curbs, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Brick, Cement/Concrete
  • Structure Type: Multi Family
  • BusLineNearby: true

Garage/Parking

  • Carport Y N: No
  • Garage Yn: Yes
  • Total Parking Spaces: 1
  • ParkingSpaceNumbers: 83

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling Y N: Yes
  • Utilities: Electricity Available, Water/Sewer
  • ApplianceHookups: Cooking-Gas,Dryer-Electric,Ice Maker,Washer
  • WaterHeaterLocation: central to building
  • WaterHeaterType: N/A

Condo/Co-op/Association

  • Community Features: Elevator, Exercise Room, Fire Sprinklers, Game/Rec Rm, Hot Tub, Lobby Entrance
  • Park Manager Name: CWD Group - Shayna Schuermann
  • Park Manager Phone: 206-706-8000
  • Association Fee: 572
  • Association Fee Frequency: Monthly
  • CoOp: false
  • CommonPropertyFeatures: Elevator,Exercise Room,Fire Sprinklers,Game/Rec Rm,High Speed Int Avail,Hot Tub,Lobby Entrance

Fee Information

  • Association Fee Includes: Central Hot Water, Common Area Maintenance, Concierge, Water/Sewer

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 5464100530
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSSquareFootageSource: KCAR

Green Features

  • Efficiency: Insulated Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2019
  • Tax Annual Amount: 3962

Multi Family

  • Number Of Units In Community: 161
  • UnitsInBuildingTotal: 161

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2020
Closed on
Jun 5, 2020
Sold by
Hale Elizabeth Adams
Bought by
Engstrom Erik
Seller's Agent
Scott Perret
COMPASS
Buyer's Agent
Gerry McBarron
Windermere Real Estate Co.
List Price
$395,000
Sold Price
$395,000
Current Estimated Value
$417,069

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,069
Avg. Annual Appreciation
1.57%
Original Mortgage
$337,563
Outstanding Balance
$302,507
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$126,217

Purchase Details

Closed on
Jan 6, 2012
Sold by
Hale Lenore R
Bought by
Hale Elizabeth Adams

Purchase Details

Closed on
Apr 4, 2011
Sold by
Berlin Michael and Scalfati Steven P
Bought by
Hale Lenore R and Trust Of Lenore R Hale

Purchase Details

Closed on
Sep 23, 2008
Sold by
Olson Thomas E and Olson Janice M
Bought by
Berlin Michael and Scalfati Steven P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.49%

Purchase Details

Closed on
Jan 14, 2003
Sold by
Taliesen Corp
Bought by
Olson Thomas E and Olson Janice M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,960
Interest Rate
5.5%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Engstrom Erik $395,000 Endpoint Closing Inc
Hale Elizabeth Adams -- None Available
Hale Lenore R $237,000 Commonwealth L
Berlin Michael $300,000 Rainier Title
Olson Thomas E $199,950 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Engstrom Erik $337,563
Previous Owner Scalfati Steven P $239,500
Previous Owner Berlin Michael $240,000
Previous Owner Olson Thomas E $159,960
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2020 06/12/20 Sold $395,000 0.0% $637 / Sq Ft
05/18/2020 05/18/20 Pending -- -- --
05/15/2020 05/15/20 For Sale $395,000 -- $637 / 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 $3,659 $394,000 $36,200 $357,800
2023 $3,265 $436,000 $36,200 $399,800
2022 $3,608 $398,000 $36,200 $361,800
2021 $3,802 $405,000 $36,200 $368,800
2020 $4,653 $405,000 $36,200 $368,800
2018 $3,934 $475,000 $28,300 $446,700
2017 $3,204 $409,000 $25,200 $383,800
2016 $2,858 $344,000 $18,900 $325,100
2015 $2,488 $299,000 $17,300 $281,700
2014 -- $266,000 $15,700 $250,300
2013 -- $251,000 $13,500 $237,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1601557

Northwest Multiple Listing Service (NWMLS)

APN: 546410-0530