Listed by Windermere RE Greenwood, Bought with Windermere RE Magnolia
NOT LISTED FOR SALE

1616 41st Ave E Unit 302 Seattle, WA 98112

Madison Park Neighborhood

Estimated Value: $378,000 - $494,000

1 Bed
1 Bath
680 Sq Ft
0.33 Acres

Last Sold November 18, 2019

Last sale price $380,000 $559 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,657/month

60 Days on Market

Highlights

  • Contemporary Architecture
  • Territorial View
  • Cats Allowed
  • McGilvra Elementary School Rated A
  • Wood Flooring
  • 2-minute walk to Madison Park

About This Home

As of November 2019

Steps from the premier Madison Park shopping area, this boutique condo is ideal for an active urban lifestyle. Top-floor unit flooded with light from a wall of west-facing windows, with an open floor plan, completely remodeled with high end designer and stylish finishes. Walk to restaurants and boutiques, enjoy an afternoon of tennis, the beach, or a bike ride through the Arboretum. It’s a quick trip downtown, Capitol Hill or the UW by bus or bike, with easy access to Hwy 520. Reserved parking.

Last Agent to Sell the Property

Junior Torres

Windermere RE Greenwood License #100407 Listed on: 08/06/2019

Windermere RE Greenwood

Co-Listed By

Aaron Spring

Ridge Realty License #101953

Last Buyer's Agent

Jennifer Sandmeyer

Windermere RE Magnolia License #21033642

Windermere RE Magnolia

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1496072

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1959

Lot Details

  • 0.33

Parking

  • Off-Street Parking

Home Design

  • Contemporary Architecture
  • Flat Roof Shape
  • Bitumen Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 3-Story Property
  • Blinds
  • Territorial Views

Kitchen

  • Oven or Range
  • Microwave

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Listing and Financial Details

  • Assessor Parcel Number 6648200120

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: Contemporary
  • Entrance Level: Main
  • Unit Floor Number: 3
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Ceramic Tile, Hardwood, Wall To Wall Carpet
  • Remodeled: Y
  • Remodeled Updated: Y
  • Appliance Hookups: Cooking-Electric
  • Appliances That Stay: Microwave, Range/Oven, Refrigerator
  • Bedrooms: 1.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 1.00
  • Total Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Master Bedroom: Main
  • Dining Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Storage: Laundry Room
  • Storage Number: 302
  • Estimated Sq Ft: 680
  • Window Coverings: blinds

Exterior Features

  • Construction Methods: Standard Frame
  • Exterior: Wood, Wood Products
  • Roof: Flat, Torch Down
  • View: Territorial

Garage/Parking

  • Numberof Assigned Spaces: 1
  • Parking Type: Off Street
  • Parking Space Number: 9

Utilities

  • Heating And Cooling: Baseboard, Wall
  • Water Heater: closet-electric

Condo/Co-op/Association

  • Numberof Units in Building: 15
  • Numberof Units In Complex: 15
  • HOA Fees: 549
  • Community Name: Madison Park
  • Project: Park Lane
  • Cats And Dogs: Cats Only, Subj To Restrictions
  • Manager Contact Information: Jason Hanes (206) 726-0878
  • Association Contact: Caroline Daly (425) 829-6169
  • Common Property Features: Cable Tv, Elevator, Fire Sprinklers, High Speed Int Avail, Laundry Room, Lobby Entrance, Pool-Outdoor
  • Home Owner Dues Included: Garbage, Water/Sewer, Common Area Maintenance
  • Unit Features: Balcony/Deck/Patio, Master Bath, Top Floor, Walk-In Closet

Schools

  • School District: SEA

Lot Info

  • Lot Details: Curbs, Paved Street, Sidewalk
  • Lot Sq Ft: 14400
  • Parcel Number: 6648200120

Tax Info

  • Tax Amount: 3412

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2019
Closed on
Oct 28, 2019
Sold by
Foley Robert J
Bought by
Smiley Lorraine and Bennett Mckay Ann Elizabeth
Seller's Agent
Junior Torres
Windermere RE Greenwood
Buyer's Agent
Jennifer Sandmeyer
Windermere RE Magnolia
List Price
$399,900
Sold Price
$380,000
Premium/Discount to List
-$19,900
-4.98%
Current Estimated Value
$444,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,849
Avg. Annual Appreciation
2.61%
Original Mortgage
$230,000
Outstanding Balance
$202,106
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$242,743

Purchase Details

Listed on
Aug 6, 2019
Closed on
Oct 15, 2019
Sold by
Mogollon Jose Vicente Arboleda
Bought by
Smiley Lorraine
Seller's Agent
Junior Torres
Windermere RE Greenwood
Buyer's Agent
Jennifer Sandmeyer
Windermere RE Magnolia
List Price
$399,900
Sold Price
$380,000
Premium/Discount to List
-$19,900
-4.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Outstanding Balance
$202,106
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$242,743

Purchase Details

Listed on
Jun 24, 2016
Closed on
Aug 22, 2016
Sold by
Bennett George R
Bought by
Foley Robert J
Seller's Agent
Kelvin Kleinman
Katrina Eileen
Buyer's Agent
Gregg Jackson
Windermere RE/Capitol Hill,Inc
List Price
$369,000
Sold Price
$345,000
Premium/Discount to List
-$24,000
-6.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.05%
Original Mortgage
$310,000
Interest Rate
3.42%

Purchase Details

Closed on
Jan 13, 2011
Sold by
Smiley Lorraine A
Bought by
Bennett Georger

Purchase Details

Closed on
Apr 28, 2008
Sold by
Barr Terrance Brigham Wright
Bought by
Smiley Lorraine A and Bennett George R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,250
Interest Rate
5.81%

Purchase Details

Closed on
May 10, 2002
Sold by
Robbins Lexie S
Bought by
Barr Terrence Brigham Wright

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.13%

Purchase Details

Closed on
Jun 27, 2000
Sold by
Peck Scott B
Bought by
Robbins Lexie S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
8.63%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Smiley Lorraine $380,000 Chicago Title
Smiley Lorraine -- Cw Title
Foley Robert J -- Fidelity Natio
Foley Robert J $345,000 Fidelity Natio
Bennett Georger -- None Available
Smiley Lorraine A $295,000 Old Republic T
Barr Terrence Brigham Wright $200,000 Chicago Title Insurance Co
Robbins Lexie S $174,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smiley Lorraine $230,000
Previous Owner Foley Robert J $310,000
Previous Owner Smiley Lorraine A $221,250
Previous Owner Barr Terrence Brigham Wright $140,000
Previous Owner Robbins Lexie S $114,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/18/2019 11/18/19 Sold $380,000 -5.0% $559 / Sq Ft
10/05/2019 10/05/19 Pending -- -- --
09/23/2019 09/23/19 For Sale $399,900 +5.2% $588 / Sq Ft
09/20/2019 09/20/19 Off Market $380,000 -- --
08/06/2019 08/06/19 For Sale $399,900 +15.9% $588 / Sq Ft
08/30/2016 08/30/16 Sold $345,000 -5.5% $507 / Sq Ft View Prior Sale
08/02/2016 08/02/16 Pending -- -- --
07/26/2016 07/26/16 Price Changed $365,000 -1.1% $537 / Sq Ft
06/24/2016 06/24/16 For Sale $369,000 -- $543 / 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 $4,001 $422,000 $276,000 $146,000
2023 $3,248 $382,000 $276,000 $106,000
2022 $3,287 $387,000 $187,100 $199,900
2021 $3,353 $361,000 $187,100 $173,900
2020 $3,974 $350,000 $173,100 $176,900
2018 $3,326 $402,000 $130,900 $271,100
2017 $3,103 $340,000 $116,900 $223,100
2016 $2,882 $328,000 $102,900 $225,100
2015 $2,592 $297,000 $102,900 $194,100
2014 -- $273,000 $121,600 $151,400
2013 -- $203,000 $121,600 $81,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1496072

Northwest Multiple Listing Service (NWMLS)

APN: 664820-0120