NOT LISTED FOR SALE

1502 Alki Ave SW Unit 202 Seattle, WA 98116

Alki Neighborhood

Estimated Value: $1,128,286 - $1,182,000

2 Beds
3 Baths
1,714 Sq Ft
9,148 Sq Ft Lot

Last Sold December 18, 2020

Last sale price $850,000 $496 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $7,059/month

65 Days on Market

Highlights

  • Views of a Sound
  • Contemporary Architecture
  • 1 Fireplace
  • Alki Elementary School Rated A-
  • Wood Flooring
  • Garage

About This Home

As of December 2020

Unobstructed Puget Sound and Olympic Range views from this updated corner unit. No power lines in your view, two private decks, just absolute perfection. This spacious home includes two en suite bedrooms plus an additional half bath, loads of storage, bonus room off the kitchen, and two secure parking spaces. Well maintained updated secure building, low HOA dues and just two quiet, private units per floor. Take the trail into city, Alki restaurants, bus or water taxi.

Last Agent to Sell the Property

Melody Paxton

COMPASS License #112516 Listed on: 09/23/2020

COMPASS

Last Buyer's Agent

Jesse Paulson

RE/MAX Northwest License #26774

RE/MAX Northwest

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1657872

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,475

Year Built

  • Built in 1997

Lot Details

  • 9,148

Property Views

  • Views of a Sound
  • City
  • Mountain

Home Design

  • Contemporary Architecture
  • Flat Roof Shape

Interior Spaces

  • 1 Fireplace

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Uncovered Parking

Listing and Financial Details

  • Assessor Parcel Number 7212240020

Community Details

Overview

  • Alki Community
  • 6-Story Property

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,475

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 30 - Condo (1 Level)
  • Architecture: Contemporary
  • Entrance Level: Main
  • Unit Floor Number: 2
  • Year Built: 1997
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Ceramic Tile, Hardwood, Wall To Wall Carpet
  • Remodeled: Y
  • Remodeled Updated: Y
  • Appliance Hookups: Cooking-Gas, Dryer-Electric, Ice Maker, Washer
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 2.50
  • Bathrooms Main: Main
  • Total Full Bathrooms: 2
  • Total Half Bathrooms: 1
  • Main Level Full Bathrooms: 2
  • Main Half Bathrooms: 1
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Dining Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 1714

Exterior Features

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

Garage/Parking

  • Numberof Assigned Spaces: 2
  • Parking Type: Individual Garage, Uncovered
  • Parking Space Number: 19 & 20

Utilities

  • Heating And Cooling: Radiant, Window Unit A/C
  • Water Heater: utility room-electric

Condo/Co-op/Association

  • Numberof Units in Building: 1
  • Numberof Units In Complex: 10
  • HOA Fees: 662
  • Community Name: Alki
  • Project: Regatta on Alki
  • Cats And Dogs: Cats Only, Dogs Only
  • Manager Contact Information: Self Managed
  • Common Property Features: Elevator, Fire Sprinklers, Lobby Entrance, Security Gate
  • Home Owner Dues Included: Earthquake Ins., Garbage, Water/Sewer, Common Area Maintenance, Security Services, Lawn Service
  • Unit Features: Balcony/Deck/Patio, End Unit, Insulated Windows, Master Bath, Walk-In Closet

Schools

  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify
  • School District: SEA

Lot Info

  • Lot Details: Curbs, Sidewalk
  • Lot Sq Ft: 9264
  • Parcel Number: 7212240020

Tax Info

  • Tax Amount: 7114

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2020
Closed on
Dec 15, 2020
Sold by
White Robert Kenneth and Rice Cathryn Bridges
Bought by
Brun Ronald
Seller's Agent
Melody Paxton
COMPASS
Buyer's Agent
Jesse Paulson
RE/MAX Northwest
List Price
$860,000
Sold Price
$850,000
Premium/Discount to List
-$10,000
-1.16%
Current Estimated Value
$1,152,822

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$302,822
Avg. Annual Appreciation
6.70%
Original Mortgage
$680,000
Outstanding Balance
$608,185
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$544,637

Purchase Details

Listed on
Sep 21, 2018
Closed on
Nov 9, 2018
Sold by
Brian Julianne and Johnson Luan K
Bought by
White Robert K and Rice Cathryn B
Seller's Agent
Carolyn Holm
Professional Realty Svcs Belv
Buyer's Agent
Daniel Bennett
RE/MAX Exclusive
List Price
$895,000
Sold Price
$850,000
Premium/Discount to List
-$45,000
-5.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Original Mortgage
$350,000
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 9, 2011
Sold by
Viken Marla M
Bought by
Brian Julianne and Johnson Loan K

Purchase Details

Closed on
Oct 4, 2005
Sold by
Wunder John L and Wunder Guadalupe
Bought by
Viken Maria M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,750
Interest Rate
7%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 15, 2000
Sold by
Bledsoe Teresa
Bought by
Wunder John L and Wunder Guadalupe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
7.87%

Purchase Details

Closed on
Nov 12, 1997
Sold by
Golden Shore Inc
Bought by
Bledsoe Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
7.3%
Source: Public Records

Range of Values:

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Average Value
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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
Brun Ronald $850,000 Cw Title
White Robert K $850,000 Cw Title
Brian Julianne $644,000 Stewart Title
Viken Maria M $625,000 Stewart Title
Wunder John L $442,000 Stewart Title
Bledsoe Teresa $379,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brun Ronald $680,000
Previous Owner Rice Cathryn Bridges $480,000
Previous Owner White Robert K $350,000
Previous Owner Brian Julianne $75,000
Previous Owner Johnson Luan K $30,000
Previous Owner Viken Maria M $250,000
Previous Owner Viken Maria M $468,750
Previous Owner Wunder John L $350,000
Previous Owner Bledsoe Teresa $117,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2020 12/18/20 Sold $850,000 -1.2% $496 / Sq Ft
11/27/2020 11/27/20 Pending -- -- --
09/23/2020 09/23/20 For Sale $860,000 +1.2% $502 / Sq Ft
11/16/2018 11/16/18 Sold $850,000 -5.0% $496 / Sq Ft
11/03/2018 11/03/18 Pending -- -- --
10/29/2018 10/29/18 For Sale $895,000 0.0% $522 / Sq Ft
10/29/2018 10/29/18 Pending -- -- --
10/15/2018 10/15/18 Price Changed $895,000 -3.2% $522 / Sq Ft
09/21/2018 09/21/18 For Sale $925,000 -- $540 / 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 $9,475 $1,010,000 $221,700 $788,300
2023 $7,383 $1,038,000 $221,700 $816,300
2022 $7,405 $889,000 $221,700 $667,300
2021 $7,269 $821,000 $206,900 $614,100
2020 $7,114 $765,000 $203,200 $561,800
2018 $4,624 $1,037,000 $184,800 $852,200
2017 $6,655 $894,000 $147,800 $746,200
2016 $6,540 $708,000 $147,800 $560,200
2015 $6,426 $679,000 $140,400 $538,600
2014 -- $683,000 $133,000 $550,000
2013 -- $619,000 $110,800 $508,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1657872

Northwest Multiple Listing Service (NWMLS)

APN: 721224-0020