NOT LISTED FOR SALE

1607 Summit Ave Unit 502 Seattle, WA 98122

Capitol Hill Neighborhood

Estimated Value: $876,000 - $1,157,000

2 Beds
2 Baths
1,534 Sq Ft
$643/Sq Ft Est. Value

About This Home

This home is located at 1607 Summit Ave Unit 502, Seattle, WA 98122 and is currently estimated at $986,632, approximately $643 per square foot. 1607 Summit Ave Unit 502 is a home located in King County with nearby schools including Lowell Elementary School, Meany Middle School, and Garfield High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 13, 2021
Sold by
Armstrong David S and Berry William
Bought by
Luo Ting and Steinmetz William
Current Estimated Value
$986,632

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$761,250
Outstanding Balance
$694,189
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$292,443

Purchase Details

Closed on
Dec 9, 2020
Sold by
Armstrong David S
Bought by
Armstrong David and Berry William

Purchase Details

Closed on
Apr 30, 2003
Sold by
The Lofts On Summit Llc
Bought by
Armstrong David S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,700
Interest Rate
4.62%
Mortgage Type
Commercial
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.

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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.

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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.

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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.

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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
Luo Ting $1,015,000 First American Title
Armstrong David -- Fidelity National Title
Armstrong David S $462,000 Fidelity Natio
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luo Ting $761,250
Previous Owner Armstrong David S $322,700
Closed Armstrong David S $116,000
Source: Public Records

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 $8,654 $925,000 $378,100 $546,900
2023 $8,631 $938,000 $378,100 $559,900
2022 $7,550 $870,000 $363,700 $506,300
2021 $7,715 $841,000 $363,700 $477,300
2020 $9,579 $816,000 $345,700 $470,300
2018 $7,590 $975,000 $288,100 $686,900
2017 $8,502 $784,000 $288,100 $495,900
2016 $8,693 $910,000 $180,000 $730,000
2015 $8,142 $908,000 $133,200 $774,800
2014 -- $870,000 $115,200 $754,800
2013 -- $617,000 $97,200 $519,800
Source: Public Records

Map

Washington King County Seattle 98122 Capitol Hill

1607 Summit Ave Unit 502, Seattle, WA

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