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

1616 41st Ave E Unit 303 Seattle, WA 98112

Madison Park Neighborhood

Estimated Value: $356,000 - $640,000

1 Bed
1 Bath
680 Sq Ft
0.33 Acres

Last Sold May 31, 2012

Last sale price $250,000 $368 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $2,999/month

4 Days on Market

Highlights

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

About This Home

As of May 2012

Welcome to a gorgeous top floor condo located in the heart of Madison Park! Enjoy the convenience of daily walks to coffee, groceries, restaurants, shops & the beach, while living among the privacy of lush manicured landscaping and a beautiful swimming pool in a secure building. Features include a large deck overlooking the pool, updated kitchen with granite counter tops that opens to the dining & living rooms, a large bedroom with 2 closets, a full & updated bathroom & 1 assigned parking space.

Last Agent to Sell the Property

Todd Williamson

John L Scott Westwood License #79561 Listed on: 05/09/2012

John L Scott Westwood

Last Buyer's Agent

Joann Gowan

Windermere Real Estate Co. License #3862

Windermere Real Estate Co.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM354495

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,752

Year Built

  • Built in 1959

Lot Details

  • 0.33

Parking

  • Uncovered Parking

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Bitumen Roof

Interior Spaces

  • 3-Story Property
  • Territorial Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Listing and Financial Details

  • Assessor Parcel Number 6648200130

Community Details

Overview

  • 15 Units

Pet Policy

  • Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,752

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: Condo (1 Level)
  • 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
  • Appliances That Stay: Dishwasher, 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
  • Estimated Sq Ft: 680

Exterior Features

  • Exterior: Brick
  • Roof: Flat, Torch Down
  • View: Territorial

Garage/Parking

  • Numberof Assigned Spaces: 1
  • Parking Type: Uncovered
  • Parking Space Number: 6

Utilities

  • Heating And Cooling: Forced Air

Condo/Co-op/Association

  • Numberof Units in Building: 15
  • Numberof Units In Complex: 15
  • HOA Fees: 308
  • Cats And Dogs: Cats Only
  • Manager Contact Information: Kelvin - Quorum (206) 283-6000
  • Common Property Features: Cable Tv, Laundry Room, Lobby Entrance, Pool-Outdoor, Security Gate
  • Home Owner Dues Included: Cable Tv, Earthquake Ins., Garbage, Water/Sewer
  • Unit Features: Balcony/Deck/Patio, Insulated Windows, Top Floor

Schools

  • School District: SEA

Lot Info

  • Lot Details: Alley, Curbs, Paved Street, Sidewalk
  • Parcel Number: 6648200130

Tax Info

  • Tax Amount: 2131

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2012
Closed on
May 30, 2012
Sold by
Holtman Frances M and Peterson Richard Eric
Bought by
Hall John J and Hall Deborah R
Seller's Agent
Todd Williamson
John L Scott Westwood
Buyer's Agent
Joann Gowan
Windermere Real Estate Co.
List Price
$250,000
Sold Price
$250,000
Current Estimated Value
$496,818

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$246,818
Avg. Annual Appreciation
4.97%

Purchase Details

Closed on
Jan 5, 2006
Sold by
Heinrich Constance M
Bought by
Holtman Frances M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,500
Interest Rate
5.87%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Nov 24, 1998
Sold by
Korfiatis Peter M
Bought by
Heinrich Constance M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,760
Interest Rate
6.84%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 27, 1997
Sold by
Bisyak Susan K and Day Susan K
Bought by
Korfiatis Peter M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,150
Interest Rate
7.92%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Hall John J $250,000 Rainier Title
Holtman Frances M $250,000 Commonwealth L
Heinrich Constance M $153,000 Fidelity National Title Ins
Korfiatis Peter M $116,500 Chicago Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Holtman Frances M $62,500
Previous Owner Holtman Frances M $37,500
Previous Owner Holtman Frances M $200,000
Previous Owner Heinrich Constance M $140,760
Previous Owner Korfiatis Peter M $111,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2012 05/31/12 Sold $250,000 0.0% $368 / Sq Ft
05/14/2012 05/14/12 Pending -- -- --
05/09/2012 05/09/12 For Sale $250,000 -- $368 / 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 $3,752 $395,000 $276,000 $119,000
2023 $3,045 $358,000 $276,000 $82,000
2022 $3,173 $362,000 $187,100 $174,900
2021 $3,195 $348,000 $187,100 $160,900
2020 $3,974 $333,000 $173,100 $159,900
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: NWM354495

Northwest Multiple Listing Service (NWMLS)

APN: 664820-0130