NOT LISTED FOR SALE

1525 NW 57th St Unit 524 Seattle, WA 98107

Ballard Neighborhood

Estimated Value: $455,387 - $510,000

1 Bed
1 Bath
803 Sq Ft
0.91 Acres

Last Sold February 17, 2021

Last sale price $435,000 $542 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,019/month

123 Days on Market

Highlights

  • Softwood Flooring
  • Adams Elementary School Rated A
  • 1 Fireplace

About This Home

As of February 2021

Gorgeous south facing light filled quiet in-city home. Everything you need: New carpets, full kitchen, large walk-in closet, laundry in-unit, one parking space in secured garage. Professionally managed building w/full time concierge. Abundant amenities including outdoor pool & hot tub, BBQ patio, sauna, gym, club house w/kitchen, conference room, business center, & expansive roof deck! Pet friendly. No rental cap. Located in central Ballard; lots of transit options and walk to everything!

Last Agent to Sell the Property

Chris Bajuk

HomeSmart Real Estate Assoc License #118200 Listed on: 09/12/2020

HomeSmart Real Estate Assoc

Last Buyer's Agent

Chris Bajuk

HomeSmart Real Estate Assoc License #118200 Listed on: 09/12/2020

HomeSmart Real Estate Assoc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1647622

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,007

Year Built

  • Built in 2001

Lot Details

  • 0.91

Parking

  • Common or Shared Parking

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Cement Board or Planked

Interior Spaces

  • 1 Fireplace

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Softwood
  • Wall to Wall Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Listing and Financial Details

  • Assessor Parcel Number 0451901250

Community Details

Overview

  • 163 Units
  • Ballard Community
  • 6-Story Property

Pet Policy

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,007

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 30 - Condo (1 Level)
  • Unit Floor Number: 5
  • Year Built: 2001
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Ceramic Tile, Fir/Softwood, Wall To Wall Carpet
  • 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
  • Master Bedroom: Main
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Kitchen: Main
  • Living Room: Main
  • Estimated Sq Ft: 803

Exterior Features

  • Exterior: Brick, Cement Planked
  • Roof: Flat

Garage/Parking

  • Numberof Assigned Spaces: 1
  • Parking Type: Common Garage
  • Parking Space Number: 97

Utilities

  • Heating And Cooling: Wall
  • Water Heater: Bedroom closet-Electric tank

Condo/Co-op/Association

  • Numberof Units in Building: 163
  • Numberof Units In Complex: 163
  • HOA Fees: 411
  • Community Name: Ballard
  • Project: Ballard Condominium
  • Cats And Dogs: Subj To Restrictions
  • Manager Contact Information: Steven Guerrero (206) 782-1467
  • Association Contact: Dan Belisle (206) 706-8000
  • Common Property Features: Cable Tv, Club House, Elevator, Exercise Room, Fire Sprinklers, High Speed Int Avail, Hot Tub, Lobby Entrance, Pool-Outdoor, Sauna, Security Gate
  • Home Owner Dues Included: Earthquake Ins., Garbage, Concierge, Common Area Maintenance
  • Unit Features: Balcony/Deck/Patio, Insulated Windows, Walk-In Closet

Schools

  • Elementary School: Adams
  • Middle School: Whitman Mid
  • High School: Ballard High
  • School District: SEA

Lot Info

  • Lot Details: Curbs, Paved Street, Sidewalk
  • Parcel Number: 0451901250

Tax Info

  • Tax Amount: 4402

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2020
Closed on
Feb 12, 2021
Sold by
Sullivan Cyndee K and The Cks Living Trust
Bought by
Nilakantan Nikhil and Nilakantan Shalini Rao
Seller's Agent
Chris Bajuk
HomeSmart Real Estate Assoc
Buyer's Agent
Chris Bajuk
HomeSmart Real Estate Assoc
List Price
$450,000
Sold Price
$435,000
Premium/Discount to List
-$15,000
-3.33%
Total Days on Market
123
Current Estimated Value
$479,597

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,597
Avg. Annual Appreciation
1.96%
Original Mortgage
$348,000
Outstanding Balance
$317,348
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$155,287

Purchase Details

Closed on
Jul 18, 2008
Sold by
Henderson Craig Stephen and Henderson Stephen
Bought by
Sullivan Cyndee K and Cks Living Trust

Purchase Details

Closed on
Mar 27, 2003
Sold by
Henderson Margaret
Bought by
Henderson Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
5.79%

Purchase Details

Closed on
Mar 24, 2003
Sold by
Lemley William A
Bought by
Henderson Craig Stephen and Henderson Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
5.79%

Purchase Details

Closed on
Mar 22, 2002
Sold by
Geertz Stephen J
Bought by
Lemley William A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,955
Interest Rate
6.25%

Purchase Details

Closed on
Aug 10, 2001
Sold by
Ballard Residential Llc
Bought by
Geertz Stephen J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,208
Interest Rate
7.19%
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
Nilakantan Nikhil $435,000 Modus
Sullivan Cyndee K $265,000 Old Republic T
Henderson Stephen -- Chicago Title
Henderson Craig Stephen $205,000 Chicago Title
Lemley William A $199,950 Lawyers Title
Geertz Stephen J $206,510 Pacific Nw Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nilakantan Nikhil $348,000
Previous Owner Henderson Craig Stephen $140,000
Previous Owner Lemley William A $179,955
Previous Owner Geertz Stephen J $165,208
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2021 02/17/21 Sold $435,000 -3.3% $542 / Sq Ft
01/13/2021 01/13/21 Pending -- -- --
09/12/2020 09/12/20 For Sale $450,000 -- $560 / 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 $4,007 $428,000 $104,400 $323,600
2023 $3,556 $456,000 $101,800 $354,200
2022 $3,734 $430,000 $99,300 $330,700
2021 $3,968 $416,000 $99,300 $316,700
2020 $4,402 $420,000 $99,300 $320,700
2018 $3,622 $456,000 $70,000 $386,000
2017 $3,058 $374,000 $58,500 $315,500
2016 $2,867 $326,000 $49,600 $276,400
2015 $2,430 $298,000 $44,500 $253,500
2014 -- $258,000 $40,700 $217,300
2013 -- $197,000 $38,200 $158,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1647622

Northwest Multiple Listing Service (NWMLS)

APN: 045190-1250