Listed by Windermere R E Mount Baker, Bought with COMPASS
NOT LISTED FOR SALE

1609 Summit Ave Unit 502 Seattle, WA 98122

Capitol Hill Neighborhood

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

1 Bed
1 Bath
1,534 Sq Ft
6,011 Sq Ft Lot

Last Sold October 21, 2021

Last sale price $1,015,000 $662 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $5,895/month

Highlights

  • City View
  • Wood Flooring
  • Corner Lot
  • Garfield High School Rated A
  • Modern Architecture
  • 5-minute walk to First Hill Park

About This Home

As of October 2021

A NY state of mind with a Northwest soul, this corner loft-style penthouse has it all! A rare find, this light-filled two-story home has only had one owner and is in a 10-unit building. With soaring ceilings, walls of windows, sweeping city views, two balconies and over 1500 sqft of space. Mocha stained maple hardwoods throughout and high-end touches include a Sub-Zero fridge, Wolf gas range, Roche Bobois media cabinets and custom closets. Creature comforts galore with a large primary bedroom, 2nd flex guest/office space, baths on each floor, plentiful in-unit storage and a separate storage space, A/C, and garage parking. Stroll to the light rail, the city’s best restaurants and cultural hot spots- with easy access to Downtown and SLU.

Last Agent to Sell the Property

Sarah Rudinoff

Windermere R E Mount Baker License #82425 Listed on: 09/16/2021

Windermere R E Mount Baker

Co-Listed By

Amy Gornet

Redfin

Last Buyer's Agent

Andrew Jackson

COMPASS License #17002

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1825767

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,654

Year Built

  • Built in 2002

Lot Details

  • 6,011

Parking

  • Common or Shared Parking

Property Views

  • City
  • Mountain
  • Territorial

Home Design

  • Modern Architecture
  • Metal Roof
  • Wood Siding
  • Vinyl Construction Material
  • Wood Composite

Interior Spaces

  • 1 Bathroom
  • Blinds

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Listing and Financial Details

  • Assessor Parcel Number 1817000100

Community Details

Overview

  • Capitol Hill Community
  • 5-Story Property

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,654

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 31 - Condo (2 Levels)
  • Architecture: Modern
  • Entrance Level: Main
  • Unit Floor Number: 5
  • Year Built: 2002
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Ceramic Tile, Hardwood, Wall To Wall Carpet
  • Appliance Hookups: Cooking-Gas, Dryer-Electric, Washer
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 1.00
  • Bathrooms: 1.75
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Master Bedroom: Upper
  • Den or Office: Upper
  • Dining Room: Main
  • Kitchen: Main
  • Living Room: Main
  • Storage: First Floor
  • Storage Number: 102
  • Estimated Sq Ft: 1534
  • Window Coverings: Blinds

Exterior Features

  • Exterior: Metal/Vinyl, Wood, Wood Products
  • Roof: Metal
  • View: City, Mountain, Territorial

Garage/Parking

  • Numberof Assigned Spaces: 1
  • Parking Type: Common Garage
  • Parking Space Number: 5

Utilities

  • Heating And Cooling: Central A/C, Forced Air
  • Water Heater: Laundry Closet-Gas

Condo/Co-op/Association

  • Numberof Units In Complex: 10
  • HOA Fees: 773
  • Community Name: Capitol Hill
  • Project: Crawford
  • Cats And Dogs: Subj To Restrictions
  • Association Contact: Yalnes, Inc (206) 708-7777
  • Common Property Features: Ab, Elevator, Fire Sprinklers, High Speed Int Avail, Lobby Entrance, Security Gate
  • Home Owner Dues Included: Garbage, Water/Sewer, Common Area Maintenance, Lawn Service
  • Unit Features: Balcony/Deck/Patio, End Unit, Master Bath, Penthouse, Top Floor, Walk-In Closet

Schools

  • School District: SEA

Lot Info

  • Lot Details: Corner Lot, Curbs, Paved Street, Sidewalk
  • Parcel Number: 1817000100

Tax Info

  • Tax Amount: 7715

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2021
Closed on
Oct 13, 2021
Sold by
Armstrong David S and Berry William
Bought by
Luo Ting and Steinmetz William
Seller's Agent
Sarah Rudinoff
Windermere R E Mount Baker
Buyer's Agent
Andrew Jackson
COMPASS
List Price
$949,000
Sold Price
$1,015,000
Premium/Discount to List
$66,000
6.95%
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.
Estimated Appreciation
-$28,368
Avg. Annual Appreciation
-0.70%
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:

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Average Value
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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

Property History

Date Event Price List to Sale Price per Sq Ft
10/21/2021 10/21/21 Sold $1,015,000 +7.0% $662 / Sq Ft
09/21/2021 09/21/21 Pending -- -- --
09/16/2021 09/16/21 For Sale $949,000 -- $619 / 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 $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

Agents Affiliated with this Home

  • Sarah Rudinoff

    Seller's Agent in 2021

    Sarah Rudinoff

    Windermere Corporate

    (206) 276-5476

    9 in this area

    160 Total Sales

    Sarah Rudinoff
    Section Image

  • A

    Seller Co-Listing Agent in 2021

    Amy Gornet

    Redfin

    Amy Gornet
    Section Image
  • Andrew Jackson

    Buyer's Agent in 2021

    Andrew Jackson

    COMPASS

    (206) 650-4939

    5 in this area

    101 Total Sales

    Andrew Jackson
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1825767

Northwest Multiple Listing Service (NWMLS)

APN: 181700-0100

Washington King County Seattle 98122 Capitol Hill

1609 Summit Ave Unit 502, Seattle, WA

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Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. 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. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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