Listed by Windermere Real Estate Co., Bought with John L. Scott, Inc.
NOT LISTED FOR SALE

1616 41st Ave E Unit 205 Seattle, WA 98112

Madison Park Neighborhood

Estimated Value: $361,000 - $414,000

1 Bed
1 Bath
680 Sq Ft
$705/mo HOA Fee

Last Sold March 30, 2023

Last sale price $310,000 $456 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $3,166/month

23 Days on Market

Highlights

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

About This Home

As of March 2023

Priced to sell!!! List price reflects a reduction for a future assessment paid by Buyer, no further credit at closing. (FMV is $435,000) This light, bright, updated end unit, has no shared walls, living room has floor to ceiling windows, dining area large enough for a table of 8, large bedroom accommodates a king bed, bedside tables, dresser and desk, both the kitchen & full bath have white shaker style cabinets, & quartz countertops, west facing balcony, off-street parking space & a storage unit. Steps to all that Madison Park has to offer: shopping, restaurants , Starbucks, the beach, and a straight shot on Metro to downtown. HOA is discussing a future assessment. Assessment has not been finalized. Cash Buyers only.

Last Agent to Sell the Property

Liz Chalmers

Windermere Real Estate Co. License #17899 Listed on: 02/23/2023

Windermere Real Estate Co.

Last Buyer's Agent

Alison Carter

John L. Scott, Inc. License #27700

John L. Scott, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2038679

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,069

Year Built

  • Built in 1959

Lot Details

  • End Unit
  • West Facing Home

HOA Fees

  • $705 Monthly HOA Fees

Home Design

  • Flat Roof Shape
  • Wood Siding

Interior Spaces

  • 680 Sq Ft Home
  • 3-Story Property
  • Blinds

Kitchen

  • Electric Oven or Range
  • Stove
  • Microwave
  • Ice Maker

Flooring

  • Wall to Wall Carpet
  • Vinyl Plank

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Parking

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

Outdoor Features

  • Balcony
  • Patio

Location

  • Property is near public transit
  • Property is near a bus stop

Schools

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

Utilities

  • Baseboard Heating
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 6648200100

Community Details

Overview

  • Association fees include common area maintenance, garbage, lawn service, sewer, water
  • 15 Units
  • Caroline Daly Association
  • Secondary HOA Phone (425) 829-6169
  • Park Lane Condominiums
  • Madison Park Subdivision
  • Park Phone (425) 449-5681 | Manager Scarlett Swanson

Amenities

  • Community Garden
  • Laundry Facilities
  • Lobby

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,069

Year Built

Built in 1959

Lot Details

0

HOA Fees

$705 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 1959
  • Inclusions: Microwave,Refrigerator,StoveRange
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Park Lane Condominiums
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 680
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 8
  • RemodeledUpdated: true
  • UnitFeatures: Balcony/Deck/Patio,End Unit
  • NWM_ExcludedItemsYN: false
  • Special Features: None
  • Cumulative Days on Market: 914

Interior Features

  • Appliances: Microwave, Refrigerator, Stove/Range
  • Full Bathrooms: 1
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Entry Location: Main
  • Fireplace: No
  • Flooring: Vinyl Plank, Carpet
  • Interior Amenities: Wall to Wall Carpet, Balcony/Deck/Patio, Cooking-Electric, Ice Maker, Water Heater
  • Main Level Bedrooms: 1
  • Stories: 3
  • Bathrooms: 1
  • BathsFullMain: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • FloorNumberOfUnit: 2
  • StorageNo: 205
  • AppliancesIncluded: Microwave,Refrigerator,Stove/Range
  • StorageLocation: in Laundry room
  • WindowCoverings: Blinds
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 1

Exterior Features

  • Roof: Flat
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Direction Faces: West
  • Exterior Features: Cement/Concrete, 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: 7

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • ApplianceHookups: Cooking-Electric,Ice Maker
  • WaterHeaterLocation: hall closet
  • WaterHeaterType: electric

Condo/Co-op/Association

  • Community Features: Cable TV, Garden Space, Laundry Room, Lobby Entrance
  • Park Manager Name: Scarlett Swanson
  • Park Manager Phone: 425-449-5681
  • Senior Community: No
  • Association Fee: 705
  • Association Fee Frequency: Monthly
  • Phone: 425-829-6169
  • Association: Yes
  • Pets Allowed: Cats OK, Dogs OK, Subj to Restrictions
  • AssociationContactName: Caroline Daly
  • CoOp: false
  • CommonPropertyFeatures: Cable TV,Garden Space,Laundry Room,Lobby Entrance

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: 6648200100
  • Lot Size Acres: 0.3306
  • Lot Size Sq Ft: 14400
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: REALIST

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • ShortTermRentalYN: false

Tax Info

  • Year: 2023
  • Tax Annual Amount: 3069

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
Feb 23, 2023
Closed on
Mar 28, 2023
Sold by
Patrick Place Llc
Bought by
Pulliam Danielle
Seller's Agent
Liz Chalmers
Windermere Real Estate Co.
Buyer's Agent
Alison Carter
John L. Scott, Inc.
List Price
$325,000
Sold Price
$310,000
Premium/Discount to List
-$15,000
-4.62%
Views
33
Current Estimated Value
$398,545

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,545
Avg. Annual Appreciation
12.23%

Purchase Details

Closed on
Jan 8, 2004
Sold by
Elston Cindy
Bought by
Patrick Place Llc

Purchase Details

Closed on
May 29, 2001
Sold by
Ohara Judith A
Bought by
Elston Cindy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,050
Interest Rate
7.15%

Purchase Details

Closed on
Feb 3, 1999
Sold by
Partners In Care
Bought by
Ohara Judith A
Source: Public Records

Range of Values:

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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
Pulliam Danielle $310,000 Cw Title
Patrick Place Llc $205,000 Chicago Title
Elston Cindy $179,000 Evergreen Title Company Inc
Ohara Judith A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pulliam Danielle $200,000
Previous Owner Elston Cindy $170,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2023 03/30/23 Sold $310,000 -4.6% $456 / Sq Ft
03/18/2023 03/18/23 Pending -- -- --
02/23/2023 02/23/23 For Sale $325,000 -- $478 / 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 $3,679 $387,000 $264,200 $122,800
2023 $3,069 $357,000 $264,200 $92,800
2022 $3,243 $365,000 $179,100 $185,900
2021 $3,251 $356,000 $179,100 $176,900
2020 $3,974 $339,000 $165,700 $173,300
2018 $3,269 $402,000 $125,300 $276,700
2017 $3,130 $334,000 $111,900 $222,100
2016 $2,834 $331,000 $98,500 $232,500
2015 $2,480 $292,000 $98,500 $193,500
2014 -- $261,000 $116,400 $144,600
2013 -- $201,000 $116,400 $84,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2038679

Northwest Multiple Listing Service (NWMLS)

APN: 664820-0100