NOT LISTED FOR SALE

1616 41st Ave E Unit 101 Seattle, WA 98112

Madison Park Neighborhood

Estimated Value: $457,000 - $569,000

1 Bed
1 Bath
812 Sq Ft
0.33 Acres

Last Sold January 09, 2017

Last sale price $429,000 $528 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,623/month

77 Days on Market

Highlights

  • Territorial View
  • Modern Architecture
  • Cats Allowed
  • McGilvra Elementary School Rated A
  • Ceramic Tile Flooring
  • 2-minute walk to Madison Park

About This Home

As of January 2017

An urban oasis in the heart of much desired Madison Park. Great natural light throughout the unit which opens to a beautifully manicured common area garden. Large bedroom (two bedrooms combined) with lots of storage and washer/dryer in the unit. Separately deeded parking space . ½ block from shops, restaurants,bus stop ,park , tennis courts and 2 blocks from Lake Washington beach. Access to outside pool. Minutes from downtown , university of Washington and arboretum.Move in Ready

Last Agent to Sell the Property

Fedva Dikmen

Windermere Real Estate Co. Listed on: 09/02/2016

Last Buyer's Agent

Liz Chalmers

Windermere Real Estate Co. License #17899

Windermere Real Estate Co.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1023259

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1959

Lot Details

  • 0.33

Home Design

  • Modern Architecture
  • Flat Roof Shape
  • Wood Siding
  • Stucco

Interior Spaces

  • 3-Story Property
  • Territorial Views

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Parking

  • Uncovered Parking
  • Off-Street Parking

Listing and Financial Details

  • Assessor Parcel Number 6648200250

Community Details

Overview

  • 15 Units
  • Madison Park Community

Pet Policy

  • Cats Allowed

Property Details

Home Type

Condominium

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 30 - Condo (1 Level)
  • Architecture: Modern
  • Unit Floor Number: 1
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Ceramic Tile, Wall To Wall Carpet
  • Appliance Hookups: Cooking-Electric
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Bedrooms: 1.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 1.00
  • Total Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Storage: laundry room
  • Storage Number: 101
  • Estimated Sq Ft: 812

Exterior Features

  • Exterior: Stucco, Wood
  • Roof: Flat
  • View: Territorial

Garage/Parking

  • Numberof Assigned Spaces: 1
  • Parking Type: Off Street, Uncovered
  • Parking Space Number: 4

Utilities

  • Heating And Cooling: Baseboard
  • Water Heater: hallway closet-Electrick

Condo/Co-op/Association

  • Numberof Units in Building: 15
  • Numberof Units In Complex: 15
  • HOA Fees: 405
  • Community Name: Madison Park
  • Project: Park Lane Condominium
  • Cats And Dogs: Cats Only
  • Manager Contact Information: Kelvin Kleinman (206) 283-6000
  • Common Property Features: Laundry Room, Lobby Entrance, Pool-Outdoor, Security Gate
  • Home Owner Dues Included: Garbage, Water/Sewer, Common Area Maintenance, Lawn Service
  • Unit Features: Balcony/Deck/Patio, Ground Floor, Master Bath

Schools

  • School District: SEA

Lot Info

  • Lot Details: Paved Street, Sidewalk
  • Parcel Number: 6648200250

Tax Info

  • Tax Amount: 2009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2016
Closed on
Jan 4, 2017
Sold by
Reid Thomas L
Bought by
Lively Donna L
Seller's Agent
Fedva Dikmen
Windermere Real Estate Co.
Buyer's Agent
Liz Chalmers
Windermere Real Estate Co.
List Price
$457,000
Sold Price
$429,000
Premium/Discount to List
-$28,000
-6.13%
Current Estimated Value
$493,924

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,924
Avg. Annual Appreciation
1.57%

Purchase Details

Closed on
Apr 21, 2005
Sold by
Bronson Philip Duncan and Bronson Carolyn G
Bought by
Reid Thomas L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,600
Interest Rate
5.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 25, 1994
Sold by
Huie Richard L
Bought by
Ching Leland Y L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.79%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lively Donna L $429,000 Cw Title Co
Reid Thomas L $287,000 Lawyers Title
Ching Leland Y L $120,000 Transamerica Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reid Thomas L $229,600
Previous Owner Ching Leland Y L $90,000
Closed Reid Thomas L $43,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/09/2017 01/09/17 Sold $429,000 0.0% $528 / Sq Ft
11/19/2016 11/19/16 Pending -- -- --
10/07/2016 10/07/16 Price Changed $429,000 -2.3% $528 / Sq Ft
09/15/2016 09/15/16 Price Changed $439,000 -3.9% $541 / Sq Ft
09/02/2016 09/02/16 For Sale $457,000 -- $563 / 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 $791 $468,000 $312,300 $155,700
2023 $1,922 $419,000 $312,300 $106,700
2022 $3,791 $435,000 $211,700 $223,300
2021 $3,791 $418,000 $211,700 $206,300
2020 $4,408 $397,000 $195,800 $201,200
2018 $3,632 $446,000 $148,200 $297,800
2017 $3,491 $372,000 $132,300 $239,700
2016 $3,176 $370,000 $116,400 $253,600
2015 $2,805 $328,000 $116,400 $211,600
2014 -- $296,000 $137,600 $158,400
2013 -- $226,000 $137,600 $88,400
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2017

    Fedva Dikmen

    Windermere Real Estate Co.

    Section Image

  • L

    Buyer's Agent in 2017

    Liz Chalmers

    Windermere Corporate

    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1023259

Northwest Multiple Listing Service (NWMLS)

APN: 664820-0010

Washington King County Seattle 98112 Madison Park

1616 41st Ave E Unit 101, Seattle, WA

Not Listed for Sale

Condos

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Based on information submitted to the MLS GRID

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