NOT LISTED FOR SALE

1550 Eastlake Ave E Unit 402 Seattle, WA 98102

South Lake Union Neighborhood

Estimated Value: $491,103 - $604,000

1 Bed
1 Bath
837 Sq Ft
10,672 Sq Ft Lot

Last Sold June 15, 2021

Last sale price $490,000 $585 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,328/month

35 Days on Market

Highlights

  • Lake View
  • Contemporary Architecture
  • 1 Fireplace
  • Garfield High School Rated A
  • Wood Flooring
  • 3-minute walk to I-5 Bike Park

About This Home

As of June 2021

Downtown Seattle premier condominium! With great view of Lake Union, city and territorial, this exceptional 1 bedroom plus a den & 1 bath residence boasts open floor plan, hardwood floor throughout, lots of windows allowing natural light to penetrate the whole rooms. Kitchen with newer appliances, granite countertop with breakfast bar. Master bedroom open up to balcony with wrap around deck adjacent to sliding door from the living area perfect for entertaining your guests. Tons of closets in the unit as well as two storages perfect to store your stuffs. Spacious laundry room. Great Eastlake location, up the street from restaurants on South Lake Union. No Rental Cap. Minutes from freeway access.

Last Agent to Sell the Property

Friska Ping Lim

AgencyOne License #86373 Listed on: 04/09/2021

AgencyOne

Last Buyer's Agent

Cullen Brain

Coldwell Banker Bain License #90019

Coldwell Banker Bain

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1755155

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,452

Year Built

  • Built in 1997

Lot Details

  • 10,672

Parking

  • Common or Shared Parking

Property Views

  • Lake
  • City
  • Territorial

Home Design

  • Contemporary Architecture
  • Flat Roof Shape
  • Vinyl Construction Material

Interior Spaces

  • 1 Fireplace
  • Blinds

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet

Laundry

  • Dryer
  • Washer

Listing and Financial Details

  • Assessor Parcel Number 7326250210

Community Details

Overview

  • 30 Units
  • Eastlake Community
  • 5-Story Property

Pet Policy

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,452

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 30 - Condo (1 Level)
  • Architecture: Contemporary
  • Unit Floor Number: 4
  • Year Built: 1997
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Hardwood, 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
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Storage: Balcony & Common Garage
  • Storage Number: 7A
  • Estimated Sq Ft: 837
  • Window Coverings: Blinds

Exterior Features

  • Exterior: Cement/Concrete, Metal/Vinyl
  • Roof: Flat
  • View: City, Lake, Territorial

Garage/Parking

  • Numberof Assigned Spaces: 1
  • Parking Type: Common Garage
  • Parking Space Number: 35

Utilities

  • Heating And Cooling: Wall
  • Water Heater: Laundry Room-Electric

Condo/Co-op/Association

  • Numberof Units in Building: 30
  • Numberof Units In Complex: 30
  • HOA Fees: 440
  • Community Name: Eastlake
  • Project: Riva at Lake Union
  • Cats And Dogs: Subj To Restrictions
  • Manager Contact Information: Steven Santamaria (206) 706-8000
  • Common Property Features: Elevator, Fire Sprinklers, High Speed Int Avail, Lobby Entrance
  • Home Owner Dues Included: Garbage, Water/Sewer, Common Area Maintenance
  • Unit Features: Balcony/Deck/Patio, Insulated Windows, Master Bath

Schools

  • School District: SEA

Lot Info

  • Lot Details: Corner Lot, Curbs, Paved Street, Sidewalk
  • Parcel Number: 7326250210

Tax Info

  • Tax Amount: 4376

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2021
Closed on
Jun 11, 2021
Sold by
Tse Winnie
Bought by
Goodman Daniel Joseph
Seller's Agent
Friska Ping Lim
AgencyOne
Buyer's Agent
Cullen Brain
Coldwell Banker Bain
List Price
$498,000
Sold Price
$490,000
Premium/Discount to List
-$8,000
-1.61%
Current Estimated Value
$543,776

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,776
Avg. Annual Appreciation
2.55%
Original Mortgage
$392,000
Outstanding Balance
$356,449
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$188,596

Purchase Details

Closed on
Aug 13, 2013
Sold by
Yang Alan and Sey Michelle
Bought by
Tse Winnie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,600
Interest Rate
4.28%

Purchase Details

Closed on
Feb 1, 2008
Sold by
Montgomery Michael
Bought by
Yang Alan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
6.09%

Purchase Details

Closed on
Dec 16, 2004
Sold by
1550 Eastlake Llc
Bought by
Montgomery Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6%
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
Goodman Daniel Joseph $490,000 First American Title
Tse Winnie $327,000 First American
Yang Alan $355,000 Old Republic T
Montgomery Michael $275,000 Fidelity Natio
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Goodman Daniel Joseph $392,000
Previous Owner Tse Winnie $261,600
Previous Owner Yang Alan $293,825
Previous Owner Yang Alan $315,000
Previous Owner Montgomery Michael $104,000
Previous Owner Montgomery Michael $220,000
Closed Montgomery Michael $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2021 06/15/21 Sold $490,000 -1.6% $585 / Sq Ft
05/14/2021 05/14/21 Pending -- -- --
04/09/2021 04/09/21 For Sale $498,000 -- $595 / 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 $4,452 $474,000 $79,000 $395,000
2023 $3,721 $501,000 $79,000 $422,000
2022 $4,202 $448,000 $74,500 $373,500
2021 $4,376 $467,000 $74,500 $392,500
2020 $4,879 $462,000 $74,500 $387,500
2018 $4,075 $520,000 $59,600 $460,400
2017 $3,338 $420,000 $56,600 $363,400
2016 $3,125 $355,000 $50,700 $304,300
2015 $3,089 $324,000 $46,200 $277,800
2014 -- $328,000 $46,200 $281,800
2013 -- $294,000 $37,200 $256,800
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1755155

Northwest Multiple Listing Service (NWMLS)

APN: 732625-0210