NOT LISTED FOR SALE

1601 38th Ave Seattle, WA 98122

Madrona Neighborhood

Estimated Value: $968,000 - $1,616,000

4 Beds
2 Baths
1,590 Sq Ft
$794/Sq Ft Est. Value

Last Sold January 11, 2022

Last sale price $840,000 $528 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $7,928/month

57 Days on Market

Highlights

  • Lake View
  • Deck
  • Wood Flooring
  • Garfield High School Rated A
  • Property is near public transit
  • 1-minute walk to Madrona Briar Patch

About This Home

As of January 2022

Your opportunity to experience all Madrona has to offer has arrived! Loved by many over the decades, this 1909 charmer will have you rolling up your sleeves to create your vision! Perched high against the hill, shouldering the whimsical E Pine St path down to the lake, this one has views that will take your breath away. Lake WA, the Cascades and shimmer of downtown Bellevue command your attention all the way from the basement to the 2nd floor (with even more room to build up, buyer to verify). 10 mins walk to the quaint 34th Ave shops and eateries and Madrona Beach. Generous front deck, private courtyard allow for ample use of outdoor spaces. Unfinished basement with lake + city views, don’t miss out!

Last Agent to Sell the Property

Kayla Preston

Every Door Real Estate License #115866 Listed on: 10/14/2021

Every Door Real Estate

Co-Listed By

Katie Melton

Every Door Real Estate License #133314

Last Buyer's Agent

Marc Khalili

Windermere Bellevue Commons License #99261

Windermere Bellevue Commons

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1853666

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,926

Year Built

  • Built in 1909

Lot Details

  • 2,295 Sq Ft Lot
  • East Facing Home
  • Partially Fenced Property
  • Corner Lot
  • Terraced Lot
  • Garden

Property Views

  • Lake
  • City
  • Mountain
  • Territorial

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,590 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Dining Room
  • Unfinished Basement

Kitchen

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

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Utilities

  • Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Deck
  • Property is near public transit

Community Details

  • Madrona Subdivision

Listing and Financial Details

  • Legal Lot and Block 10 / A
  • Assessor Parcel Number 5026900065

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,926

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 18 - 2 Stories w/Bsmnt
  • Year Built: 1909
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Microwave,Refrigerator,StoveRange,Washer,LeasedEquipment
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 1890
  • SeniorExemption: false
  • Special Features: VirtualTour
  • Cumulative Days on Market: 1,297

Interior Features

  • Fireplaces: 1
  • Basement: Unfinished
  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 2
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Entry Location: Main
  • Fireplace: Yes
  • Flooring: Hardwood, Vinyl, Carpet
  • Interior Amenities: Forced Air, Hardwood, Wall to Wall Carpet, Ceiling Fan(s), Dining Room, Walk-In Closet(s), Water Heater
  • Living Area: 1590
  • Bathrooms: 2
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 1590
  • SquareFootageUnfinished: 300
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 1
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 4
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Microwave,Refrigerator,Stove/Range,Washer

Exterior Features

  • Roof: Composition
  • View: City, Lake, Mountain(s), Territorial
  • Lot Features: Corner Lot, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Direction Faces: East
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Structure Type: House
  • BusLineNearby: true

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: None

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Natural Gas Connected
  • HeatingCoolingType: Forced Air
  • PowerCompany: SCL/PSE
  • SewerCompany: City of Seattle
  • WaterCompany: City of Seattle
  • WaterHeaterLocation: Basement
  • WaterHeaterType: Gas

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Seattle
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 5026900065
  • Topography: Sloped,Terraces
  • Lot Size Acres: 0.0527
  • Lot Size Sq Ft: 2295
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,Gas Available,High Speed Internet
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: KCR
  • LotNumber: 10

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2021
  • Tax Annual Amount: 7926

Multi Family

  • EnergySource: Natural Gas

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 4, 2023
Sold by
Khalili Jamie Reasy
Bought by
Khalili Mehdi
Total Days on Market
57
Current Estimated Value
$1,263,067

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$857,500
Outstanding Balance
$850,033
Interest Rate
7.79%
Mortgage Type
New Conventional
Estimated Equity
$403,147

Purchase Details

Listed on
Oct 14, 2021
Closed on
Jan 6, 2022
Sold by
Hilgers Keith R and Hilgers Keith Richard
Bought by
Inouestco Llc
Seller's Agent
Kayla Preston
Every Door Real Estate
Buyer's Agent
Marc Khalili
Windermere Bellevue Commons
List Price
$985,300
Sold Price
$840,000
Premium/Discount to List
-$145,300
-14.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.49%
Original Mortgage
$900,000
Interest Rate
3.12%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 31, 1999
Sold by
Hilgers Tamara C and Weigand Tamara C
Bought by
Hilgers R Keith and Hilgers Tamara C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,400
Interest Rate
6.79%
Source: Public Records

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Range of Values:

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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
Khalili Mehdi $313 First American Title Insurance
Khalili Mehdi $313 First American Title Insurance
Inouestco Llc $840,000 Ticor Title
Hilgers R Keith -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khalili Mehdi $857,500
Previous Owner Inouestco Llc $900,000
Previous Owner Hilgers R Keith $162,450
Previous Owner Hilgers Keith $183,970
Previous Owner Hilgers R Keith $104,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2022 01/11/22 Sold $840,000 -6.1% $528 / Sq Ft
12/10/2021 12/10/21 Pending -- -- --
11/09/2021 11/09/21 Price Changed $895,000 -9.2% $563 / Sq Ft
10/14/2021 10/14/21 For Sale $985,300 -- $620 / 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 $10,056 $1,043,000 $566,000 $477,000
2023 $9,488 $1,004,000 $528,000 $476,000
2022 $8,398 $1,125,000 $528,000 $597,000
2021 $7,926 $911,000 $428,000 $483,000
2020 $8,308 $815,000 $432,000 $383,000
2018 $7,568 $817,000 $442,000 $375,000
2017 $6,237 $763,000 $392,000 $371,000
2016 $6,044 $648,000 $343,000 $305,000
2015 $4,904 $614,000 $325,000 $289,000
2014 -- $506,000 $240,000 $266,000
2013 -- $447,000 $222,000 $225,000
Source: Public Records

Agents Affiliated with this Home

  • Kayla Preston

    Seller's Agent in 2022

    Kayla Preston

    Every Door Real Estate

    (425) 330-1039

    2 in this area

    194 Total Sales

    Kayla Preston
    Section Image
  • Katie Melton

    Seller Co-Listing Agent in 2022

    Katie Melton

    Every Door Real Estate

    (206) 321-6018

    1 in this area

    80 Total Sales

    Katie Melton
    Section Image
  • Marc Khalili

    Buyer's Agent in 2022

    Marc Khalili

    Windermere Corporate

    (206) 949-5435

    1 in this area

    68 Total Sales

    Marc Khalili
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1853666

Northwest Multiple Listing Service (NWMLS)

APN: 502690-0065

Washington King County Seattle 98122 Madrona

1601 38th Ave, Seattle, WA

This home is located at 1601 38th Ave, Seattle, WA 98122 since 14 October 2021 and is currently estimated at $1,263,067, approximately $794 per square foot. This property was built in 1909. 1601 38th Ave is a home located in King County with nearby schools including Madrona Elementary School, Meany Middle School, and Garfield High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. ©2025 NWMLS.

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