NOT LISTED FOR SALE

1550 Alki Ave SW Unit 500 Seattle, WA 98116

Alki Neighborhood

Estimated Value: $1,173,600 - $1,282,000

2 Beds
1 Bath
1,615 Sq Ft
0.37 Acres

Last Sold June 21, 2019

Last sale price $999,000 $619 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $7,607/month

16 Days on Market

Highlights

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

About This Home

As of June 2019

Spectacular wireless view! 5th floor corner unit with Central A/C! Now, here's the floor plan that you've been seeking - over 1600 sq. ft. w/guest suite & den. Spacious foyer leads to open-concept kitchen with eating space, living room & dining area. Magnificent mountain & Sound views will take you to another level of thrill & appreciation! Greet the morning with snow-capped Olympics from the comfortable view Master Suite & experience crimson-colored sunsets in the evening! Aloha from Alki!

Last Agent to Sell the Property

Randie Stone

Windermere West Metro License #19165 Listed on: 05/25/2019

Windermere West Metro

Last Buyer's Agent

YY Tan

Coldwell Banker Bain

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1461273

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,885

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

Laundry

  • Dryer
  • Washer

Listing and Financial Details

  • Assessor Parcel Number 9197900160

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

$9,885

Year Built

Built in 1994

Lot Details

0

Listing Details

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

Interior Features

  • Floor Covering: 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
  • Den or Office: Main
  • Dining Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Storage: in parking garage
  • Storage Number: S-25
  • Estimated Sq Ft: 1615

Exterior Features

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

Garage/Parking

  • Numberof Assigned Spaces: 2
  • Parking Type: Common Garage
  • Parking Space Number: 43, 36

Utilities

  • Heating And Cooling: Central A/C
  • Water Heater: laundry room-gas

Condo/Co-op/Association

  • Numberof Units in Building: 23
  • Numberof Units In Complex: 23
  • HOA Fees: 680
  • Community Name: Alki
  • Project: Waterside at Alki Beach Condominium
  • Cats And Dogs: Subj To Restrictions
  • Manager Contact Information: Todd Emery (206) 937-4856
  • Common Property Features: Elevator, Fire Sprinklers, Lobby Entrance, Security Gate
  • Home Owner Dues Included: Earthquake Ins., Garbage, Water/Sewer, Common Area Maintenance
  • Unit Features: Balcony/Deck/Patio, End Unit, 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: 9197900160

Tax Info

  • Tax Amount: 7076

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2019
Closed on
Jun 17, 2019
Sold by
Kang Hee Yeol and Kang See Jee
Bought by
Mclaren Sheila F and Sheila F Mclaren Revocable Trust
Seller's Agent
Randie Stone
Windermere West Metro
Buyer's Agent
YY Tan
Coldwell Banker Bain
List Price
$999,000
Sold Price
$999,000
Current Estimated Value
$1,228,150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,150
Avg. Annual Appreciation
3.13%

Purchase Details

Closed on
Jun 7, 1999
Sold by
Mcbride James D and Mcbride Carol L
Bought by
Kang Hee Yeol and Kang See Jee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.9%

Purchase Details

Closed on
May 9, 1997
Sold by
Associates Relocation Management Co Inc
Bought by
Mcbride James D and Mcbride Carol L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
7.62%

Purchase Details

Closed on
Feb 14, 1997
Sold by
Nelson Marg C and Hearn Roger G
Bought by
Associates Relocation Management Co Inc

Purchase Details

Closed on
Nov 11, 1994
Sold by
Pryde Corp
Bought by
Hearn Roger G and Nelson Marg C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
8.12%
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
Mclaren Sheila F $999,000 Chicago Title
Kang Hee Yeol $450,000 Chicago Title Insurance Co
Mcbride James D $410,000 Chicago Title Insurance Co
Associates Relocation Management Co Inc -- --
Hearn Roger G $403,620 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kang Hee Yeol $200,000
Previous Owner Kang Hee Yeol $200,000
Previous Owner Kang Hee Yeol $225,000
Previous Owner Mcbride James D $328,000
Previous Owner Hearn Roger G $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2019 06/21/19 Sold $999,000 0.0% $619 / Sq Ft
06/10/2019 06/10/19 Pending -- -- --
05/25/2019 05/25/19 For Sale $999,000 -- $619 / 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 $9,885 $1,059,000 $229,300 $829,700
2023 $9,950 $1,084,000 $229,300 $854,700
2022 $7,195 $872,000 $229,300 $642,700
2021 $7,341 $801,000 $214,000 $587,000
2020 $7,113 $776,000 $210,200 $565,800
2018 $7,818 $854,000 $191,100 $662,900
2017 $6,808 $808,000 $152,900 $655,100
2016 $6,254 $727,000 $152,900 $574,100
2015 $5,891 $651,000 $145,200 $505,800
2014 -- $629,000 $137,600 $491,400
2013 -- $577,000 $114,600 $462,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1461273

Northwest Multiple Listing Service (NWMLS)

APN: 919790-0160