NOT LISTED FOR SALE

1616 41st Ave E Unit 105 Seattle, WA 98112

Madison Park Neighborhood

Estimated Value: $394,000 - $466,487

1 Bed
1 Bath
680 Sq Ft
$736/mo HOA Fee

Last Sold July 27, 2023

Last sale price $440,000 $647 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,487/month

116 Days on Market

Highlights

  • Property is near public transit
  • End Unit
  • Community Garden
  • McGilvra Elementary School Rated A
  • Ground Level Unit
  • 3-minute walk to Madison Park

About This Home

As of July 2023

Newly renovated condo in the heart of Madison Park! Steps to restaurants, a grocery store, coffee shops, the park and Lake Washington! Open, spacious and bright with floor to ceiling windows, new luxury vinyl plank, new carpet, new stainless steel appliances, new electrical, and new plumbing (both permitted). Brand new shower, all new fixtures and finishes, quartz countertops and moveable island. Floor unit with easy access from your designated parking spot to outside entry. Perfect crash pad or age-in-place in the city. Outdoor entry is in the back of the building.

Last Agent to Sell the Property

Ranny Ray

Designed Realty License #138698 Listed on: 03/03/2023

Designed Realty

Co-Listed By

Gabriele Le

Designed Realty License #21020873

Last Buyer's Agent

James Campbell

Coldwell Banker Bain License #20114122

Coldwell Banker Bain

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2032278

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $364

Year Built

  • Built in 1959

Lot Details

  • Open Space
  • End Unit

HOA Fees

  • $736 Monthly HOA Fees

Home Design

  • Built-Up Roof
  • Bitumen Roof
  • Wood Siding

Interior Spaces

  • 680 Sq Ft Home
  • 3-Story Property
  • Insulated Windows
  • Electric Dryer

Kitchen

  • Electric Oven or Range
  • Stove
  • <<microwave>>
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Vinyl Plank

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Bathroom

Parking

  • 1 Parking Space
  • Uncovered Parking
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Patio

Location

  • Ground Level Unit
  • Property is near public transit

Schools

  • Mc Gilvra Elementary School
  • Meany Mid Middle School
  • Garfield High School

Utilities

  • Heating System Mounted To A Wall or Window
  • Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include common area maintenance, garbage, lawn service, sewer, water
  • 15 Units
  • Scarlett Swanson Association
  • Secondary HOA Phone (425) 449-5681
  • Park Lane Condos
  • Madison Park Subdivision
  • Park Phone (425) 449-5681 | Manager Scarlett Swanson

Amenities

  • Community Garden
  • Laundry Facilities

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$364

Year Built

Built in 1959

Lot Details

0

HOA Fees

$736 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 1959
  • Inclusions: Dishwasher,Microwave,Refrigerator,StoveRange
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Park Lane
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 680
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DwellingType: Detached
  • NumberOfAccessStairs: 0
  • RemodeledUpdated: true
  • UnitFeatures: Balcony/Deck/Patio,End Unit,Ground Floor,Insulated Windows
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2032278?w=Consumer&agent=126659
  • Special Features: None
  • Cumulative Days on Market: 838

Interior Features

  • Appliances: Dishwasher, Microwave, Refrigerator, Stove/Range
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Entry Location: Main
  • Fireplace: No
  • Flooring: Vinyl Plank, Carpet
  • Interior Amenities: Forced Air, Wall to Wall Carpet, Balcony/Deck/Patio, Cooking-Electric, Dryer-Electric, Water Heater
  • Main Level Bedrooms: 1
  • Stories: 3
  • Bathrooms: 0.75
  • BathsFullMain: 0
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • FloorNumberOfUnit: 1
  • AppliancesIncluded: Dishwasher,Microwave,Refrigerator,Stove/Range
  • NWM_NumberOfShowers: 1

Exterior Features

  • Roof: Built-Up, Torch Down
  • Lot Features: Alley, Curbs, Open Space, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Structure Type: Multi Family
  • BusLineNearby: true
  • BusRouteNumber: 11

Garage/Parking

  • Carport Y N: No
  • Parking Features: Off Street, Uncovered
  • Total Parking Spaces: 1
  • ParkingSpaceNumbers: 3

Utilities

  • Laundry Features: Electric Dryer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Wall Unit(s)
  • Heating Yn: Yes
  • ApplianceHookups: Cooking-Electric,Dryer-Electric
  • WaterHeaterLocation: Entry closet
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Community Features: Cable TV, Garden Space, Laundry Room, Outside Entry
  • Park Manager Name: Scarlett Swanson
  • Park Manager Phone: 425-449-5681
  • Senior Community: No
  • Association Fee: 736
  • Association Fee Frequency: Monthly
  • Phone: 425-449-5681
  • Association: Yes
  • Pets Allowed: See Remarks, Subj to Restrictions
  • AssociationContactName: Scarlett Swanson
  • CoOp: false
  • CommonPropertyFeatures: Cable TV,Garden Space,Laundry Room,Outside Entry

Fee Information

  • Association Fee Includes: Common Area Maintenance, Garbage, Lawn Service, Sewer, Water

Schools

  • Junior High Dist: Seattle
  • High School: Garfield High
  • Middle Or Junior School: Meany Mid

Lot Info

  • Parcel Number: 6648200050
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: Public Records
  • MLSSquareFootageSource: Public Records

Green Features

  • Efficiency: Insulated Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • RentalCap: No Rental Cap

Tax Info

  • Year: 2022
  • Tax Annual Amount: 364

Multi Family

  • Number Of Units In Community: 15
  • EnergySource: Electric
  • UnitsInBuildingTotal: 15

MLS Schools

  • Elementary School: Mc Gilvra

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2023
Closed on
Jul 26, 2023
Sold by
Peterson Wade
Bought by
Clark Anne Xuan
Seller's Agent
Ranny Ray
Designed Realty
Buyer's Agent
James Campbell
Coldwell Banker Bain
List Price
$549,000
Sold Price
$440,000
Premium/Discount to List
-$109,000
-19.85%
Views
111
Current Estimated Value
$435,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,628
Avg. Annual Appreciation
-0.53%
Original Mortgage
$308,000
Outstanding Balance
$302,340
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$133,032

Purchase Details

Closed on
Sep 23, 1992
Sold by
Diafos Nick P and Diafos Michele
Bought by
Blackstone Eva Cleo
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
Clark Anne Xuan $440,000 Equity Title Of Washington
Blackstone Eva Cleo $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clark Anne Xuan $308,000
Previous Owner Blackstone Eva C $62,293
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2023 07/27/23 Sold $440,000 -2.1% $647 / Sq Ft
06/27/2023 06/27/23 Pending -- -- --
06/16/2023 06/16/23 Price Changed $449,500 -10.1% $661 / Sq Ft
04/26/2023 04/26/23 Price Changed $499,950 -8.9% $735 / Sq Ft
03/03/2023 03/03/23 For Sale $549,000 +56.9% $807 / Sq Ft
04/19/2022 04/19/22 Sold $350,000 -9.1% $515 / Sq Ft
04/08/2022 04/08/22 Pending -- -- --
03/01/2022 03/01/22 For Sale $385,000 +10.0% $566 / Sq Ft
03/01/2022 03/01/22 Off Market $350,000 -- --
12/05/2021 12/05/21 Price Changed $385,000 -6.1% $566 / Sq Ft
10/06/2021 10/06/21 For Sale $410,000 -- $603 / 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 $4,074 $430,000 $276,000 $154,000
2023 $2,988 $343,000 $276,000 $67,000
2022 $364 $355,000 $187,100 $167,900
2021 $371 $353,000 $187,100 $165,900
2020 $362 $124,900 $65,400 $59,500
2018 $552 $124,900 $65,400 $59,500
2017 $586 $327,000 $116,900 $210,100
2016 $949 $323,000 $102,900 $220,100
2015 $899 $284,000 $102,900 $181,100
2014 -- $251,000 $121,600 $129,400
2013 -- $193,000 $121,600 $71,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2032278

Northwest Multiple Listing Service (NWMLS)

APN: 664820-0050