Listed by Redfin, Bought with Coldwell Banker Danforth
NOT LISTED FOR SALE

1550 Alki Ave SW Unit 301 Seattle, WA 98116

Alki Neighborhood

Estimated Value: $955,000 - $1,066,000

2 Beds
2 Baths
1,422 Sq Ft
$725/mo HOA Fee

Last Sold July 28, 2023

Last sale price $880,000 $619 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $7,055/month

69 Days on Market

Highlights

  • Views of a Sound
  • Fitness Center
  • Property is near public transit
  • Alki Elementary School Rated A-
  • Contemporary Architecture
  • Marble Flooring

About This Home

As of July 2023

Come live at Waterside on Alki Beach and enjoy the breathtaking sound & mountain views (wireless) from the moment you enter, Watch the ferries and beautiful sunsets. Kitchen with gas cooktop, oven and breakfast bar & nook, Primary suite with spa like bath that features an oversized jetted tub, sep shower, DBL vanity and separate walk-in closet. Living and dining room w/gas fireplace and custom mirrors. Built in Buffet/Bar area w/glass shelving. Enjoy the spacious lanai. Laundry room w/ full size W&D and utility sink + extra storage. 2nd bedroom with adj. bathroom. Sec. BLDG, 2 parking spots w/ lg storage unit. Pet friendly. Hobby room/Workout space & bike storage. Close to all Alki has to offer, Restaurants, shopping & water taxi.

Last Agent to Sell the Property

Angela Cramer

Redfin License #129552 Listed on: 04/13/2023

Redfin

Last Buyer's Agent

Dave Smith

Coldwell Banker Danforth License #38211

Coldwell Banker Danforth

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2054918

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,771

Year Built

  • Built in 1994

Lot Details

  • West Facing Home
  • Sprinkler System

HOA Fees

  • $725 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Common or Shared Parking
  • Off-Street Parking

Property Views

  • Views of a Sound
  • City
  • Mountain

Home Design

  • Contemporary Architecture
  • Flat Roof Shape
  • Stucco

Interior Spaces

  • 1,422 Sq Ft Home
  • Gas Fireplace
  • Insulated Windows

Kitchen

  • Gas Oven or Range
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Stone
  • Marble

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • Soaking Tub

Laundry

  • Electric Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Patio

Location

  • Property is near public transit

Schools

  • Alki Elementary School
  • Madison Mid Middle School
  • West Seattle High School

Utilities

  • 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, gas, sewer, water
  • 23 Units
  • Todd Emery Temery@Condomanagements.Com Association
  • Secondary HOA Phone (206) 937-4856
  • Waterside At Alki Beach Condominiums
  • Alki Subdivision
  • Park Phone (206) 937-4856 | Manager CondoManagements, Inc.
  • Property is near a preserve or public land
  • 6-Story Property

Amenities

  • Elevator
  • Lobby

Recreation

  • Fitness Center

Pet Policy

  • Dogs and Cats Allowed

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,771

Year Built

Built in 1994

Lot Details

0

HOA Fees

$725 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 1994
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Microwave,Refrigerator,StoveRange,Washer,LeasedEquipment
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Contemporary
  • Building Name: Waterside At Alki Beach Condominiums
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1422
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 0
  • RemodeledUpdated: true
  • UnitFeatures: Balcony/Deck/Patio,Insulated Windows,Jetted/Soaking Tub,Primary Bath,Sprinkler System,Walk-in Closet
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2054918?w=Consumer&agent=114025
  • Special Features: VirtualTour
  • Cumulative Days on Market: 804

Interior Features

  • Fireplaces: 1
  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Hardwood, Laminate, Marble, Stone, Carpet
  • Interior Amenities: Hardwood, Laminate Hardwood, Wall to Wall Carpet, Balcony/Deck/Patio, Cooking-Gas, Dryer-Electric, Washer, Fireplace, Water Heater
  • Main Level Bedrooms: 2
  • Stories: 6
  • Bathrooms: 1.75
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • FloorNumberOfUnit: 3
  • StorageNo: 11
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Microwave,Refrigerator,Stove/Range,Washer
  • StorageLocation: Behind Parking Spaces
  • WindowCoverings: Yes
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 2

Exterior Features

  • Roof: Flat
  • View: City, Mountain(s), Sound
  • Lot Features: Adjacent to Public Land, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Direction Faces: West
  • Exterior Features: Stucco
  • Structure Type: Multi Family
  • BusLineNearby: true
  • ViewFrom: Unit
  • BusRouteNumber: 37, 773

Garage/Parking

  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Common Garage, Off Street
  • Total Parking Spaces: 2
  • ParkingSpaceNumbers: 11, 30

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Wall Unit(s)
  • Heating Yn: Yes
  • ApplianceHookups: Cooking-Gas,Dryer-Electric,Washer
  • WaterHeaterLocation: Laundry Room
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Community Features: Cable TV, Elevator, Exercise Room, Fire Sprinklers, High Speed Int Avail, Lobby Entrance, See Remarks
  • Park Manager Name: CondoManagements, Inc.
  • Park Manager Phone: 206-937-4856
  • Senior Community: No
  • Association Fee: 725
  • Association Fee Frequency: Monthly
  • Phone: 206-937-4856
  • Association: Yes
  • Pets Allowed: Cats OK, Dogs OK, Subj to Restrictions
  • AssociationContactName: Todd Emery - temery@condomanagements.com
  • CoOp: false
  • CommonPropertyFeatures: Cable TV,Elevator,Exercise Room,Fire Sprinklers,High Speed Int Avail,Lobby Entrance,See Remarks

Fee Information

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

Schools

  • Junior High Dist: Seattle
  • High School: West Seattle High
  • Middle Or Junior School: Madison Mid

Lot Info

  • Parcel Number: 9197900070
  • 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: At or above Rental Cap (See Remarks)
  • ShortTermRentalYN: false

Tax Info

  • Year: 2022
  • Tax Annual Amount: 6771

Multi Family

  • Number Of Units In Community: 23
  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 23

MLS Schools

  • Elementary School: Alki

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2023
Closed on
Jul 27, 2023
Sold by
Jets Trust
Bought by
Fong Leslie D Y and Fong Joanne K
Seller's Agent
Angela Cramer
Redfin
Buyer's Agent
Dave Smith
Coldwell Banker Danforth
List Price
$924,950
Sold Price
$880,000
Premium/Discount to List
-$44,950
-4.86%
Views
120
Current Estimated Value
$1,009,686

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,686
Avg. Annual Appreciation
5.62%
Original Mortgage
$704,000
Outstanding Balance
$691,062
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$292,330

Purchase Details

Listed on
Sep 10, 2020
Closed on
Dec 2, 2020
Sold by
Cahill Julie A and The Paul D Shennum Trust
Bought by
Stengem Sally R and Jets Trust
Seller's Agent
Randie Stone
Windermere West Metro
Buyer's Agent
Tom Watson
Redfin
List Price
$769,000
Sold Price
$747,000
Premium/Discount to List
-$22,000
-2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.40%

Purchase Details

Listed on
Sep 10, 2020
Closed on
Nov 18, 2020
Sold by
Shennum Paul D
Bought by
Shennum Paul D and Cahill Julie A
Seller's Agent
Randie Stone
Windermere West Metro
Buyer's Agent
Tom Watson
Redfin
List Price
$769,000
Sold Price
$747,000
Premium/Discount to List
-$22,000
-2.86%

Purchase Details

Closed on
Dec 19, 2000
Sold by
Mcmanus Sandra J
Bought by
Shennum Paul D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,500
Interest Rate
7.81%

Purchase Details

Closed on
Apr 17, 1995
Sold by
Pryde Corp
Bought by
Shennum Paul D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,750
Interest Rate
7.75%
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
Fong Leslie D Y $880,000 Chicago Title Company Of Washi
Stengem Sally R $747,000 Chicago Title
Shennum Paul D -- None Available
Shennum Paul D -- Fidelity National Title
Shennum Paul D $285,950 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fong Leslie D Y $704,000
Previous Owner Shennum Paul D $318,000
Previous Owner Shennum Paul D $275,000
Previous Owner Shennum Paul D $235,000
Previous Owner Shennum Paul D $221,500
Previous Owner Shennum Paul D $228,750
Closed Shennum Paul D $28,595
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2023 07/28/23 Sold $880,000 0.0% $619 / Sq Ft
06/21/2023 06/21/23 Pending -- -- --
06/16/2023 06/16/23 Off Market $880,000 -- --
05/12/2023 05/12/23 Price Changed $899,000 -0.1% $632 / Sq Ft
05/11/2023 05/11/23 Price Changed $899,950 -2.7% $633 / Sq Ft
04/27/2023 04/27/23 For Sale $924,950 0.0% $650 / Sq Ft
04/26/2023 04/26/23 Pending -- -- --
04/13/2023 04/13/23 For Sale $924,950 +23.8% $650 / Sq Ft
12/07/2020 12/07/20 Sold $747,000 -2.9% $525 / Sq Ft
11/17/2020 11/17/20 Pending -- -- --
09/10/2020 09/10/20 For Sale $769,000 -- $541 / 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 $9,048 $968,000 $168,100 $799,900
2023 $6,731 $845,000 $168,100 $676,900
2022 $6,771 $813,000 $168,100 $644,900
2021 $6,791 $753,000 $156,900 $596,100
2020 $6,606 $717,000 $154,100 $562,900
2018 $6,862 $789,000 $140,100 $648,900
2017 $6,161 $708,000 $112,100 $595,900
2016 $5,428 $657,000 $112,100 $544,900
2015 $5,167 $564,000 $106,400 $457,600
2014 -- $551,000 $100,800 $450,200
2013 -- $500,000 $84,000 $416,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2054918

Northwest Multiple Listing Service (NWMLS)

APN: 919790-0070