Listed by Skyline Properties, Inc., Bought with Windermere Real Estate/East
NOT LISTED FOR SALE

1550 Eastlake Ave E Unit 202 Seattle, WA 98102

South Lake Union Neighborhood

Estimated Value: $458,687 - $540,000

1 Bed
1 Bath
837 Sq Ft
$541/mo HOA Fee

Last Sold July 07, 2023

Last sale price $465,000 $556 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,567/month

34 Days on Market

Highlights

  • Contemporary Architecture
  • Property is near public transit
  • Corner Lot
  • Garfield High School Rated A
  • 1 Fireplace
  • 3-minute walk to I-5 Bike Park

About This Home

As of July 2023

Great Location, South Lake Union Community, Desired city living, Walking distance to Lake Union, to Cancer Research Centers, to shopping areas, to professional office buildings such as Google and Amazon, Close to Seattle Center and University of Washington, Corner unit with many windows and a big balcony, Bright living room & master bedroom, Nice kitchen with eating area, Laundry room in unit, An office area for working or work out at home, Balcony with big storage overlooking garden court yard. Close to gym club and dog park, Good for fitness activities. Must show to appreciate the great location and the value of this property.

Last Agent to Sell the Property

David Shen

Skyline Properties, Inc. License #28264 Listed on: 05/10/2023

Skyline Properties, Inc.

Last Buyer's Agent

Kelli Howison

Windermere Real Estate/East License #88576

Windermere Real Estate/East

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2065236

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,167

Year Built

  • Built in 1997

Lot Details

  • 10,672

HOA Fees

  • $541 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Flat Roof Shape
  • Vinyl Construction Material

Interior Spaces

  • 837 Sq Ft Home
  • 1 Fireplace

Kitchen

  • Electric Oven or Range
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Electric Dryer
  • Washer

Parking

  • Garage
  • Common or Shared Parking

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Baseboard Heating
  • Water Heater

Additional Features

  • East Facing Home
  • Property is near public transit

Listing and Financial Details

  • Down Payment Assistance Available
  • Assessor Parcel Number 7326250090

Community Details

Overview

  • Association fees include common area maintenance, earthquake insurance, garbage, sewer, water
  • 31 Units
  • Monson Association
  • Secondary HOA Phone (206) 706-8000
  • The Riva At Lake Union Condos
  • South Lake Union Subdivision
  • Park Phone (206) 706-8000 | Manager Dominic Tallarite
  • 5-Story Property

Pet Policy

  • Dogs Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,167

Year Built

Built in 1997

Lot Details

0

HOA Fees

$541 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 1997
  • Inclusions: Dishwasher,Dryer,Microwave,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Contemporary
  • Building Name: The Riva at Lake Union
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 837
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 2
  • UnitFeatures: Balcony/Deck/Patio
  • Special Features: None
  • Cumulative Days on Market: 817

Interior Features

  • Fireplaces: 1
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 1
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Entry Location: Main
  • Fireplace Features: See Remarks
  • Fireplace: Yes
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Laminate, Wall to Wall Carpet, Balcony/Deck/Patio, Cooking-Electric, Dryer-Electric, Washer, Fireplace, Water Heater
  • Main Level Bedrooms: 1
  • Stories: 5
  • Bathrooms: 1
  • 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: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • FloorNumberOfUnit: 2
  • AppliancesIncluded: Dishwasher,Dryer,Microwave,Refrigerator,Stove/Range,Washer
  • StorageLocation: On Balcony
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 1

Exterior Features

  • Roof: Flat
  • Lot Features: Corner Lot
  • View: No
  • Waterfront: No
  • Direction Faces: East
  • Exterior Features: Cement/Concrete, Metal/Vinyl
  • Structure Type: Multi Family
  • BusLineNearby: true

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Common Garage
  • ParkingSpaceNumbers: 36

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • ApplianceHookups: Cooking-Electric,Dryer-Electric,Washer
  • WaterHeaterLocation: In Laundry Room
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Park Manager Name: Dominic Tallarite
  • Park Manager Phone: 206-706-8000
  • Senior Community: No
  • Association Fee: 541
  • Association Fee Frequency: Monthly
  • Phone: 206-706-8000
  • Association: Yes
  • Pets Allowed: Dogs OK, See Remarks
  • Common Interest: Condominium
  • AssociationContactName: Monson

Fee Information

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

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 7326250090
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: KCR
  • MLSSquareFootageSource: 837

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • RentalCap: No Rental Cap

Tax Info

  • Year: 2022
  • Tax Annual Amount: 4167
  • AdditionalTaxIds: 732625-0090

Multi Family

  • Number Of Units In Community: 31
  • EnergySource: Electric
  • UnitsInBuildingTotal: 40

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2014
Closed on
Jun 9, 2014
Sold by
Walker Kate and Smith Katherine A
Bought by
Shen Michael S and Hsu Pei Chi
Seller's Agent
Penelope Bolton
Windermere R.E.N.W. Eastlake
Buyer's Agent
David Shen
Skyline Properties, Inc.
List Price
$315,000
Sold Price
$310,000
Premium/Discount to List
-$5,000
-1.59%
Current Estimated Value
$492,672

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,672
Avg. Annual Appreciation
4.22%
Original Mortgage
$248,000
Outstanding Balance
$190,084
Interest Rate
4.25%
Estimated Equity
$302,588

Purchase Details

Closed on
Jun 18, 2008
Sold by
Speliotes Stephen P
Bought by
Smith Katherine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,850
Interest Rate
5.99%

Purchase Details

Closed on
Oct 13, 2004
Sold by
1550 Eastlake Llc
Bought by
Speliotes Stephen P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,920
Interest Rate
4.5%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Shen Michael S $310,000 Cw Title Co
Smith Katherine A $339,850 Commonwealth L
Speliotes Stephen P $239,900 Fidelity Natio
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shen Michael S $248,000
Previous Owner Smith Katherine A $240,000
Previous Owner Smith Katherine A $239,850
Previous Owner Speliotes Stephen P $191,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2023 07/07/23 Sold $465,000 -3.0% $556 / Sq Ft
06/13/2023 06/13/23 Pending -- -- --
05/10/2023 05/10/23 For Sale $479,500 +54.7% $573 / Sq Ft
06/13/2014 06/13/14 Sold $310,000 -1.6% $370 / Sq Ft
05/03/2014 05/03/14 Pending -- -- --
04/28/2014 04/28/14 For Sale $315,000 -- $376 / 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 $4,167 $443,000 $79,000 $364,000
2023 $3,688 $494,000 $79,000 $415,000
2022 $4,167 $444,000 $74,500 $369,500
2021 $4,246 $463,000 $74,500 $388,500
2020 $4,703 $448,000 $74,500 $373,500
2018 $4,018 $515,000 $59,600 $455,400
2017 $3,264 $414,000 $56,600 $357,400
2016 $3,039 $347,000 $50,700 $296,300
2015 $2,959 $315,000 $46,200 $268,800
2014 -- $314,000 $46,200 $267,800
2013 -- $279,000 $37,200 $241,800
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2065236

Northwest Multiple Listing Service (NWMLS)

APN: 732625-0090