NOT LISTED FOR SALE

1501 Lake Washington Blvd Unit 1505F Seattle, WA 98122

Madrona Neighborhood

Estimated Value: $523,000 - $660,000

1 Bed
1 Bath
459 Sq Ft
0.82 Acres

Last Sold September 11, 2015

Last sale price $407,000 $887 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $3,706/month

5 Days on Market

Highlights

  • Lake View
  • Craftsman Architecture
  • Cul-De-Sac
  • Garfield High School Rated A
  • Secluded Lot
  • Ceramic Tile Flooring

About This Home

As of September 2015

Surrounded by a lush greenbelt & privately tucked back from the street, the historic Lake Washington Beach Cottages are truly unique. All the charm of 1911, none of the maintenance. Converted in 1992 & renovated in 2015 w/new kitchen & bath, granite countertops, cabinets, appliances & flooring throughout. Vaulted ceilings, skylights & well planned spaces make this sweet little home live big. Dedicated parking + unbeatable location - easy commute access, directly across the street from the lake.

Last Agent to Sell the Property

Heather Berger

Windermere Real Estate Midtown License #2679 Listed on: 08/28/2015

Windermere Real Estate Midtown

Co-Listed By

Shawna Ader

Windermere Real Estate Midtown License #8066

Last Buyer's Agent

Javila Creer

Windermere Real Estate Midtown License #18365

Windermere Real Estate Midtown

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM840998

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,001

Year Built

  • Built in 1911

Lot Details

  • Cul-De-Sac
  • Street terminates at a dead end

Home Design

  • Craftsman Architecture
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Lake Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Parking

  • Uncovered Parking
  • Off-Street Parking

Listing and Financial Details

  • Assessor Parcel Number 4104700090

Community Details

Overview

  • Denny Blaine Community

Pet Policy

  • Pets allowed on a case-by-case basis
  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,001

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 30 - Condo (1 Level)
  • Architecture: Craftsman
  • Entrance Level: Main
  • Year Built: 1911
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Ceramic Tile, Laminate
  • Remodeled: Y
  • Remodeled Updated: Y
  • Appliance Hookups: Cooking-Electric, Dryer-Electric, Washer
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 1.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 1.00
  • Total Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Kitchen: Main
  • Living Room: Main
  • Estimated Sq Ft: 459

Exterior Features

  • Construction Methods: Standard Frame
  • Exterior: Wood
  • Roof: Composition
  • View: Lake

Garage/Parking

  • Numberof Assigned Spaces: 1
  • Parking Type: Off Street, Uncovered
  • Parking Space Number: 1505F

Utilities

  • Heating And Cooling: Wall

Condo/Co-op/Association

  • Numberof Units In Complex: 10
  • HOA Fees: 263
  • Community Name: Denny Blaine
  • Project: Lake Washington Cottages
  • Cats And Dogs: Subj To Restrictions
  • Manager Contact Information: Peter (206) 992-6637
  • Common Property Features: Cable Tv, Outside Entry
  • Home Owner Dues Included: Cable Tv, Garbage, Water/Sewer, Common Area Maintenance
  • Unit Features: Balcony/Deck/Patio, Insulated Windows, Skylights, Vaulted Ceilings, Walk-In Closet

Schools

  • School District: SEA

Lot Info

  • Lot Details: Cul-De-Sac, Dead End Street, Secluded
  • Parcel Number: 4104700090

Tax Info

  • Tax Amount: 2228

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2015
Closed on
Sep 10, 2015
Sold by
Holt Cynthia Beth and Holt Darren
Bought by
Wheatley Jaclyn
Seller's Agent
Heather Berger
Windermere Real Estate Midtown
Buyer's Agent
Javila Creer
Windermere Real Estate Midtown
List Price
$380,000
Sold Price
$407,000
Premium/Discount to List
$27,000
7.11%
Total Days on Market
5
Current Estimated Value
$585,881

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,881
Avg. Annual Appreciation
3.55%

Purchase Details

Listed on
Sep 26, 2014
Closed on
Dec 3, 2014
Sold by
Korber Marlis and Burger Harriet M
Bought by
Holt Cynthia Beth and Holt Darren
Seller's Agent
Dan Dittmann
Windermere Real Estate Co.
Buyer's Agent
Heather Berger
Windermere Real Estate Midtown
List Price
$349,950
Sold Price
$303,000
Premium/Discount to List
-$46,950
-13.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
47.44%
Original Mortgage
$227,250
Interest Rate
3.89%

Purchase Details

Closed on
Jan 25, 2011
Sold by
Korber Marlis
Bought by
Korber Marlis and Burger Harriet M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
4.79%

Purchase Details

Closed on
Nov 10, 1992
Sold by
Sangster John M
Bought by
Korber Marlis
Source: Public Records

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Range of Values:

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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
Wheatley Jaclyn $407,000 Chicago Title
Holt Cynthia Beth $303,000 Cw Title Co
Korber Marlis $11,963 Rainier Title
Korber Marlis $106,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Holt Cynthia Beth $227,250
Previous Owner Korber Marlis $185,000
Previous Owner Korber Marlis $81,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2015 09/11/15 Sold $407,000 +7.1% $887 / Sq Ft
09/03/2015 09/03/15 Pending -- -- --
08/28/2015 08/28/15 For Sale $380,000 +25.4% $828 / Sq Ft
12/08/2014 12/08/14 Sold $303,000 -6.8% $660 / Sq Ft
11/14/2014 11/14/14 Pending -- -- --
10/30/2014 10/30/14 Price Changed $324,950 -7.1% $708 / Sq Ft
09/26/2014 09/26/14 For Sale $349,950 -- $762 / 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 $5,001 $505,000 $241,600 $263,400
2023 $4,656 $534,000 $241,600 $292,400
2022 $4,435 $534,000 $241,600 $292,400
2021 $4,397 $468,000 $241,600 $226,400
2020 $4,693 $442,000 $209,400 $232,600
2018 $4,193 $481,000 $161,100 $319,900
2017 $3,275 $415,000 $96,600 $318,400
2016 $2,947 $332,000 $96,600 $235,400
2015 $2,228 $291,000 $96,600 $194,400
2014 -- $222,000 $96,600 $125,400
2013 -- $159,000 $80,400 $78,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM840998

Northwest Multiple Listing Service (NWMLS)

APN: 410470-0090