NOT LISTED FOR SALE

1550 Alki Ave SW Unit 302 Seattle, WA 98116

Alki Neighborhood

Estimated Value: $977,000 - $1,036,000

2 Beds
1 Bath
1,479 Sq Ft
0.37 Acres

Last Sold February 22, 2019

Last sale price $715,000 $483 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $6,022/month

99 Days on Market

Highlights

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

About This Home

As of February 2019

This is where you want to live! Your dream condo awaits at The Waterside Condominiums! The coveted wireless mountain & Sound view with its dynamic marine traffic is mesmerizing. Almost 1500 sf of light and cheery space is well appointed with 2 bedrooms + an office, an open concept kitchen/dining/living room, full-sized laundry room & dedicated storage room. Enjoy an updated kitchen & a view facing Master Suite! The sunsets over the Olympics will rejuvenate your spirit! Aloha from Alki!

Last Agent to Sell the Property

Randie Stone

Windermere West Metro License #19165 Listed on: 10/10/2018

Windermere West Metro

Last Buyer's Agent

David Katt

Berkshire Hathaway HS NW License #10325

Berkshire Hathaway HS NW

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1371954

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,736

Year Built

  • Built in 1994

Lot Details

  • 0.37

Parking

  • Common or Shared Parking

Property Views

  • Views of a Sound
  • Mountain
  • Territorial

Home Design

  • Flat Roof Shape
  • Stucco

Interior Spaces

  • 1 Bathroom
  • 1 Fireplace

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Listing and Financial Details

  • Assessor Parcel Number 9197900080

Community Details

Overview

  • 23 Units
  • Alki Community
  • 6-Story Property

Pet Policy

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,736

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 30 - Condo (1 Level)
  • Entrance Level: Main
  • Unit Floor Number: 3
  • Year Built: 1994
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Ceramic Tile, Hardwood, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 1.75
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Master Bedroom: Main
  • Fireplace Type: Gas
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Dining Room: Main
  • Kitchen: Main
  • Living Room: Main
  • Storage: lower garage
  • Storage Number: S-9
  • Estimated Sq Ft: 1479

Exterior Features

  • Exterior: Stucco
  • Roof: Flat
  • View: Mountain, Sound, Territorial

Garage/Parking

  • Numberof Assigned Spaces: 2
  • Parking Type: Common Garage
  • Parking Space Number: 14, 27

Utilities

  • Heating And Cooling: Wall
  • Water Heater: laundry room-electric

Condo/Co-op/Association

  • Numberof Units in Building: 23
  • Numberof Units In Complex: 23
  • HOA Fees: 607
  • Community Name: Alki
  • Project: Waterside at Alki Beach Condominium
  • Cats And Dogs: Subj To Restrictions
  • Manager Contact Information: CondoManagements (206) 937-4856
  • Common Property Features: Cable Tv, Elevator, Fire Sprinklers
  • Home Owner Dues Included: Cable Tv, Earthquake Ins., Garbage, Water/Sewer, Common Area Maintenance
  • Unit Features: Balcony/Deck/Patio, Insulated Windows, Jetted/Soaking Tub, Master Bath, Walk-In Closet

Schools

  • Elementary School: Alki
  • Middle School: Madison Mid
  • High School: West Seattle High
  • School District: SEA

Lot Info

  • Lot Details: Curbs, Paved Street, Sidewalk
  • Lot Sq Ft: 16200
  • Parcel Number: 9197900080

Tax Info

  • Tax Amount: 7005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2018
Closed on
Feb 8, 2019
Sold by
Lerman Patricia A and Lerman Robert A
Bought by
Heinen Linda F and Heinen Gary
Seller's Agent
Randie Stone
Windermere West Metro
Buyer's Agent
David Katt
Berkshire Hathaway HS NW
List Price
$775,000
Sold Price
$715,000
Premium/Discount to List
-$60,000
-7.74%
Current Estimated Value
$1,002,455

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$287,455
Avg. Annual Appreciation
5.22%

Purchase Details

Listed on
Jan 2, 2014
Closed on
Feb 10, 2014
Sold by
Slater Arthur R
Bought by
Lerman Patricia A
Seller's Agent
Barbara Clark
Windermere RE North, Inc.
Buyer's Agent
Randie Stone
Windermere West Metro
List Price
$580,000
Sold Price
$540,000
Premium/Discount to List
-$40,000
-6.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.74%

Purchase Details

Listed on
Jun 8, 2012
Closed on
Aug 6, 2012
Sold by
Bergman Robert D and Bergman Donna L
Bought by
Slater Arthur R
Seller's Agent
Randie Stone
Windermere West Metro
Buyer's Agent
Michele Hunt
RE/MAX Integrity
List Price
$600,000
Sold Price
$600,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.74%
Original Mortgage
$400,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 2006
Sold by
Mclean Millie
Bought by
Bergman Robert D and Bergman Donna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$537,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 2, 1995
Sold by
Pryde Corp
Bought by
Mclean Millie
Source: Public Records

Range of Values:

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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
Heinen Linda F $715,000 Chicago Title
Lerman Patricia A $540,000 Old Republic T
Slater Arthur R $600,000 Chicago Title
Bergman Robert D $768,000 Chicago Title
Mclean Millie $290,950 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Slater Arthur R $400,000
Previous Owner Bergman Robert D $537,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2019 02/22/19 Sold $715,000 -2.6% $483 / Sq Ft
01/17/2019 01/17/19 Pending -- -- --
01/07/2019 01/07/19 Price Changed $734,000 -2.0% $496 / Sq Ft
10/31/2018 10/31/18 Price Changed $749,000 -3.4% $506 / Sq Ft
10/10/2018 10/10/18 For Sale $775,000 +43.5% $524 / Sq Ft
02/11/2014 02/11/14 Sold $540,000 -6.9% $365 / Sq Ft
01/26/2014 01/26/14 Pending -- -- --
01/02/2014 01/02/14 For Sale $580,000 -3.3% $392 / Sq Ft
08/08/2012 08/08/12 Sold $600,000 0.0% $406 / Sq Ft
07/15/2012 07/15/12 Pending -- -- --
06/08/2012 06/08/12 For Sale $600,000 -- $406 / 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 $8,736 $934,000 $169,100 $764,900
2023 $6,877 $819,000 $169,100 $649,900
2022 $6,895 $831,000 $169,100 $661,900
2021 $6,922 $767,000 $157,800 $609,200
2020 $6,744 $731,000 $155,000 $576,000
2018 $7,005 $806,000 $140,900 $665,100
2017 $6,309 $723,000 $112,700 $610,300
2016 $5,561 $673,000 $112,700 $560,300
2015 $5,325 $578,000 $107,100 $470,900
2014 -- $568,000 $101,400 $466,600
2013 -- $514,000 $84,500 $429,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1371954

Northwest Multiple Listing Service (NWMLS)

APN: 919790-0080