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

150 Melrose Ave E Unit 501 Seattle, WA 98102

Capitol Hill Neighborhood

Estimated Value: $496,000 - $527,456

2 Beds
1.5 Baths
1,066 Sq Ft
$452/mo HOA Fee

Last Sold October 19, 2023

Last sale price $470,000 $441 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,557/month

60 Days on Market

Highlights

  • Views of a Sound
  • Unit is on the top floor
  • Property is near public transit
  • Garfield High School Rated A
  • Gated Community
  • 3-minute walk to Thomas Street Mini Park

About This Home

As of October 2023

Looking for a space that you can make your own? This top floor corner unit is ready to be brought back to life! Enjoy stunning western facing views from the living spaces of the city skyline, Space Needle, Olympic Mtns, endless sunsets, & thrilling firework shows. Curl up during the colder months by the cozy gas fireplace. Kitchen opens out to the dining area offering ample counter space & storage. Primary bdrm has a large walk-in closet & en-suite bath. 2nd bdrm could also make a great office. Conveniently located blocks from Capitol Hill’s shopping/restaurant districts, parks, light rail, SLU, downtown, & freeways. Secure covered parking with easy access plus a large storage unit. Well managed building, no rental cap, dogs & cats welcome!

Last Agent to Sell the Property

Earnest Watts

Redfin License #26742 Listed on: 05/12/2023

Redfin

Last Buyer's Agent

BethAnn Warner

Windermere Real Estate Co. License #7096

Windermere Real Estate Co.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2067153

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,448

Year Built

  • Built in 1978

Lot Details

  • End Unit

HOA Fees

  • $452 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Carport
  • Common or Shared Parking

Property Views

  • Views of a Sound
  • City
  • Canal
  • Mountain
  • Territorial

Home Design

  • Flat Roof Shape
  • Stucco

Interior Spaces

  • 1,066 Sq Ft Home
  • Self Contained Fireplace Unit Or Insert
  • Gas Fireplace
  • Insulated Windows
  • Wall to Wall Carpet

Kitchen

  • Electric Oven or Range
  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet

Laundry

  • Electric Dryer
  • Washer

Location

  • Unit is on the top floor
  • Property is near public transit
  • Property is near a bus stop

Schools

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

Utilities

  • Baseboard Heating
  • Heating System Mounted To A Wall or Window
  • Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include common area maintenance, earthquake insurance, garbage, lawn service, sewer, water
  • 43 Units
  • Cathie Koll Association
  • Secondary HOA Phone (206) 361-1087
  • Melrose East Condominiums
  • Broadway Subdivision
  • Park Phone (206) 361-1087 | Manager Cathie Koll
  • 5-Story Property

Amenities

  • Elevator
  • Lobby

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,448

Year Built

Built in 1978

Lot Details

0

HOA Fees

$452 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 1978
  • Inclusions: Dishwasher,Dryer,Microwave,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: See Remarks
  • Building Name: Melrose East Condominiums
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1066
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 20
  • UnitFeatures: End Unit,Insulated Windows,Primary Bath,Top Floor,Walk-in Closet
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2067153?w=Consumer&agent=54208
  • Special Features: VirtualTour

Interior Features

  • Fireplaces: 1
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Carpet
  • Interior Amenities: Wall to Wall Carpet, Cooking-Electric, Dryer-Electric, Washer, Fireplace, Water Heater
  • Main Level Bedrooms: 2
  • Stories: 5
  • Bathrooms: 1.5
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • FloorNumberOfUnit: 5
  • StorageNo: 501
  • AppliancesIncluded: Dishwasher,Dryer,Microwave,Refrigerator,Stove/Range,Washer
  • StorageLocation: 5th Floor Across From Elevator
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 1

Exterior Features

  • Roof: Flat
  • View: Canal, City, Mountain(s), Sound, Territorial
  • Lot Features: Corner Lot, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Stucco
  • Structure Type: Multi Family
  • BusLineNearby: true
  • ViewFrom: Unit

Garage/Parking

  • Carport Y N: Yes
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Carport, Common Garage
  • Total Parking Spaces: 1
  • ParkingSpaceNumbers: 3

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Insert
  • Cooling Y N: Yes
  • Heating: Baseboard, Wall Unit(s)
  • Heating Yn: Yes
  • ApplianceHookups: Cooking-Electric,Dryer-Electric,Washer
  • WaterHeaterLocation: Closet Behind Coat Closet
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Community Features: Cable TV, Elevator, Gated, High Speed Int Avail, Lobby Entrance
  • Park Manager Name: Cathie Koll
  • Park Manager Phone: 206-361-1087
  • Senior Community: No
  • Association Fee: 452
  • Association Fee Frequency: Monthly
  • Phone: 206-361-1087
  • Association: Yes
  • Pets Allowed: Subj to Restrictions
  • AssociationContactName: Cathie Koll
  • CoOp: false
  • CommonPropertyFeatures: Cable TV,Elevator,Gated Entry,High Speed Int Avail,Lobby Entrance

Fee Information

  • Association Fee Includes: Common Area Maintenance, Earthquake Insurance, Garbage, Lawn Service, Sewer, Water
  • NWM_OtherDuesOrFeesYN: false

Schools

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

Lot Info

  • Parcel Number: 5438300360
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist - Buyer to Verify
  • MLSSquareFootageSource: Realist - Buyer to Verify

Green Features

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

Rental Info

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

Tax Info

  • Year: 2022
  • Tax Annual Amount: 4448

Multi Family

  • Number Of Units In Community: 43
  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 43

MLS Schools

  • Elementary School: Lowell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2023
Closed on
Oct 17, 2023
Sold by
Melrose East Apartment Owners Associatio
Bought by
Powers Kenneth D
Seller's Agent
Earnest Watts
Redfin
Buyer's Agent
BethAnn Warner
Windermere Real Estate Co.
List Price
$499,950
Sold Price
$470,000
Premium/Discount to List
-$29,950
-5.99%
Views
57
Current Estimated Value
$514,364

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,364
Avg. Annual Appreciation
4.59%
Original Mortgage
$376,000
Outstanding Balance
$368,606
Interest Rate
7.12%
Mortgage Type
New Conventional
Estimated Equity
$145,758

Purchase Details

Closed on
Sep 14, 2012
Sold by
Sones Cole
Bought by
Melrose East Apartment Owners Associatio

Purchase Details

Closed on
Sep 22, 2011
Sold by
Sones Cole
Bought by
County Of King Melrose East Apartment Ow

Purchase Details

Closed on
Sep 28, 2005
Sold by
Simcox Carol A and Sumpter Kunigunda D
Bought by
Sones Cole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,000
Interest Rate
5.63%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 2, 1996
Sold by
Wills Donna A and Fincke Donna A
Bought by
Perry Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,950
Interest Rate
7.82%
Mortgage Type
Balloon
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
Powers Kenneth D $470,000 None Listed On Document
Melrose East Apartment Owners Associatio $30,275 None Available
County Of King Melrose East Apartment Ow -- None Available
Sones Cole $310,000 Chicago Title
Perry Pamela $127,499 Old Republic Title Ltd
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Powers Kenneth D $376,000
Previous Owner Sones Cole $62,000
Previous Owner Sones Cole $248,000
Previous Owner Perry Pamela $101,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/19/2023 10/19/23 Sold $470,000 -6.0% $441 / Sq Ft
07/11/2023 07/11/23 Pending -- -- --
05/12/2023 05/12/23 For Sale $499,950 -- $469 / 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 $4,637 $486,000 $390,500 $95,500
2023 $4,881 $522,000 $390,500 $131,500
2022 $4,448 $481,000 $380,700 $100,300
2021 $4,386 $488,000 $380,700 $107,300
2020 $5,153 $457,000 $390,500 $66,500
2018 $4,206 $523,000 $336,800 $186,200
2017 $3,805 $429,000 $341,700 $87,300
2016 $3,561 $401,000 $122,000 $279,000
2015 $3,496 $366,000 $122,000 $244,000
2014 -- $370,000 $122,000 $248,000
2013 -- $274,000 $122,000 $152,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2067153

Northwest Multiple Listing Service (NWMLS)

APN: 543830-0360