NOT LISTED FOR SALE

1609 Summit Ave Unit 401 Seattle, WA 98122

Capitol Hill Neighborhood

Estimated Value: $686,000 - $881,000

1 Bed
2 Baths
1,149 Sq Ft
$646/Sq Ft Est. Value

About This Home

This home is located at 1609 Summit Ave Unit 401, Seattle, WA 98122 and is currently estimated at $742,299, approximately $646 per square foot. 1609 Summit Ave Unit 401 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 15, 2020
Sold by
Burktand Martin T
Bought by
Burkland Martin T and Hemphill Joan E
Current Estimated Value
$742,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,250
Outstanding Balance
$423,599
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$318,700

Purchase Details

Closed on
Jun 25, 2009
Sold by
Bolz Ryan E
Bought by
Burkland Martin T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$478,225
Interest Rate
4.83%
Mortgage Type
FHA

Purchase Details

Closed on
May 30, 2003
Sold by
The Lofts On Summit Llc
Bought by
Bolz Ryan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,200
Interest Rate
5.75%
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
Burkland Martin T -- Wfg Natl Ttl Co Of Wa Llc
Burkland Martin T $490,000 Commonwealth L
Bolz Ryan E $389,000 Fidelity Natio
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burkland Martin T $476,250
Closed Burkland Martin T $478,225
Previous Owner Bolz Ryan E $311,200
Closed Bolz Ryan E $77,800
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 $7,284 $776,000 $286,700 $489,300
2023 $5,839 $740,000 $286,700 $453,300
2022 $6,305 $703,000 $275,800 $427,200
2021 $6,402 $700,000 $275,800 $424,200
2020 $6,515 $675,000 $262,200 $412,800
2018 $6,003 $748,000 $218,500 $529,500
2017 $5,090 $618,000 $218,500 $399,500
2016 $5,316 $541,000 $136,500 $404,500
2015 $5,304 $552,000 $101,000 $451,000
2014 -- $564,000 $87,300 $476,700
2013 -- $437,000 $73,700 $363,300
Source: Public Records

Map

Washington King County Seattle 98122 Capitol Hill

1609 Summit Ave Unit 401, Seattle, WA

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