NOT LISTED FOR SALE

1519 E Spring St Seattle, WA 98122

Minor Neighborhood

Estimated Value: $2,257,000

-- Bed
1 Bath
180 Sq Ft
$12,539/Sq Ft Est. Value

About This Home

Discover the future of eco-friendly living at Alcove Spring Park, a cutting-edge apartment community that blends sustainability with smart design. Our sleek and efficient studio apartments, ranging from 180 to 220 square feet, offer a perfect balance of comfort and convenience. Nestled in an unbeatable location, these thoughtfully crafted studios provide all the essentials without compromising on style or functionality.

Each unit is equipped with a fridge, microwave, sink, ample counter space, and generous cabinetry, ensuring you have everything you need right at your fingertips. Plus, enjoy access to shared common areas and on-site laundry facilities, designed to enhance your living experience. Just a short stroll from Downtown Seattle, Capitol Hill, South Lake Union, and a plethora of shops and restaurants, Alcove Spring Park is your gateway to city life with a conscience. Embrace a lifestyle that prioritizes efficiency and sustainability, without sacrificing the vibrancy of urban living.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 27, 2014
Sold by
Ebel Properties Llc
Bought by
16Th & Spring Development Co Llc
Current Estimated Value
$2,257,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,110,000
Outstanding Balance
$2,378,267
Interest Rate
4.11%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 22, 2014
Sold by
16Th & Spring St Llc
Bought by
16Th & Spring Development Co Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,110,000
Outstanding Balance
$2,378,267
Interest Rate
4.11%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 8, 2013
Sold by
Dl Dalton Llc
Bought by
Ebelproperties Llc

Purchase Details

Closed on
Feb 25, 2013
Sold by
Dc Granger Inc
Bought by
Dl Dalton Llc

Purchase Details

Closed on
Dec 20, 2012
Sold by
Transition Interaction
Bought by
Dl Dalton Llc and Dc Granger Inc

Purchase Details

Closed on
May 10, 2000
Sold by
Sikov Peter H and Sikov Helen J
Bought by
Interaction and Interaction T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$555,000
Interest Rate
8.22%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 3, 1993
Sold by
Smith Marny Pearce
Bought by
Sikov Peter H and Sikov Helen J
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
16Th & Spring Development Co Llc -- First American
16Th & Spring Development Co Llc -- None Available
16Th & Spring St Llc -- None Available
Ebelproperties Llc $650,000 First American
Dl Dalton Llc -- None Available
Dc Granger Inc -- Fatco
Dl Dalton Llc $1,030,000 First American
Interaction $750,000 Pacific Northwest Title Co
Sikov Peter H $375,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 16Th & Spring Development Co Llc $3,110,000
Previous Owner Interaction $555,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/15/2024 02/15/24 Price Changed $795 -5.9% $4 / Sq Ft
02/07/2024 02/07/24 Price Changed $845 +6.3% $5 / Sq Ft
01/20/2024 01/20/24 For Rent $795 0.0% --
06/21/2023 06/21/23 For Rent $795 0.0% --
05/30/2023 05/30/23 Price Changed $795 -20.1% $4 / Sq Ft
05/26/2023 05/26/23 Price Changed $995 +5.3% $6 / Sq Ft
05/25/2023 05/25/23 Price Changed $945 +18.9% $5 / Sq Ft
05/11/2023 05/11/23 Price Changed $795 -11.2% $4 / Sq Ft
05/05/2023 05/05/23 Price Changed $895 -10.1% $5 / Sq Ft
05/04/2023 05/04/23 Price Changed $995 +11.2% $6 / Sq Ft
05/01/2023 05/01/23 For Rent $895 -- --

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 $69,098 $7,423,300 $1,848,000 $5,575,300
2023 $46,206 $6,428,000 $1,848,000 $4,580,000
2022 $50,132 $5,590,000 $1,276,800 $4,313,200
2021 $59,868 $5,590,000 $1,276,800 $4,313,200
2020 $59,760 $6,351,900 $1,276,800 $5,075,100
2018 $9,262 $6,401,900 $1,176,000 $5,225,900
2017 $6,749 $907,200 $907,200 $0
2016 $6,871 $672,000 $672,000 $0
2015 $6,681 $673,000 $672,000 $1,000
2014 -- $673,000 $672,000 $1,000
2013 -- $1,441,000 $1,440,000 $1,000
Source: Public Records

Map

Washington King County Seattle 98122 Minor

1519 E Spring St, Seattle, WA

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