Listed by Lake & Company, Bought with eXp Realty
NOT LISTED FOR SALE

1616 41st Ave E Unit 304 Seattle, WA 98112

Madison Park Neighborhood

Estimated Value: $363,000 - $494,000

1 Bed
1 Bath
680 Sq Ft
0.33 Acres

Last Sold May 03, 2019

Last sale price $395,000 $581 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,638/month

74 Days on Market

Highlights

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

About This Home

As of May 2019

Impeccably updated and perfectly located just 0.2 miles to Madison Park Beach - welcome home! With brand new carpet, fully remodeled bathroom, walk in closet with custom shelving and brand new quartz countertops and tile work in your kitchen, this updated home is in-city perfection. Tons of natural light floods your living spaces creating a warm and welcoming vibe. Your assigned parking space and easy access to arterials and freeways make commuting a breeze. Don't miss this Madison Park gem!

Last Agent to Sell the Property

Sam Lamb

Lake & Company License #2213 Listed on: 01/29/2019

Lake & Company

Last Buyer's Agent

Michelle Codd

eXp Realty License #125898

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1404423

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

  • Flat Roof Shape
  • Wood Siding

Interior Spaces

  • 3-Story Property
  • Territorial Views

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Softwood
  • Wall to Wall Carpet
  • Ceramic Tile

Listing and Financial Details

  • Assessor Parcel Number 6648200140

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

Interior Features

  • Floor Covering: Ceramic Tile, Fir/Softwood, Wall To Wall Carpet
  • Remodeled: Y
  • Remodeled Updated: Y
  • Appliance Hookups: Cooking-Electric
  • Appliances That Stay: Dishwasher, 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
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 680

Exterior Features

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

Garage/Parking

  • Numberof Assigned Spaces: 1
  • Parking Type: Off Street
  • Parking Space Number: 3

Utilities

  • Heating And Cooling: Baseboard
  • 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
  • Manager Contact Information: J&M Management (253) 848-1957
  • Association Contact: Jessica Wood (425) 452-7330
  • Common Property Features: High Speed Int Avail, Laundry Room, Pool-Outdoor
  • Home Owner Dues Included: Central Hot Water, Garbage, Water/Sewer, Common Area Maintenance
  • Unit Features: Balcony/Deck/Patio, Top Floor, Walk-In Closet

Schools

  • School District: SEA

Lot Info

  • Lot Details: Alley, Curbs, Paved Street, Sidewalk
  • Lot Sq Ft: 14400
  • Parcel Number: 6648200140

Tax Info

  • Tax Amount: 3326

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2019
Closed on
May 1, 2019
Sold by
Hogue Preston B
Bought by
Armstrong Sarah and Belknap Daniel
Seller's Agent
Sam Lamb
Lake & Company
Buyer's Agent
Michelle Codd
eXp Realty
List Price
$425,000
Sold Price
$395,000
Premium/Discount to List
-$30,000
-7.06%
Current Estimated Value
$441,426

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,426
Avg. Annual Appreciation
1.68%
Original Mortgage
$316,000
Outstanding Balance
$277,828
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$163,598

Purchase Details

Closed on
Apr 10, 2006
Sold by
Johansson Anne E
Bought by
Hogue Preston B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
6.29%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 8, 2003
Sold by
Neal Lisa M
Bought by
Johansson Anna E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,800
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 30, 1998
Sold by
Moris Alene H and Moris Walter J
Bought by
Neal Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,600
Interest Rate
6.88%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 27, 1994
Sold by
Duberow Robert M and Murray Carol J
Bought by
Moris Walter J and Moris Alene H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,000
Interest Rate
7.84%

Purchase Details

Closed on
Sep 24, 1993
Sold by
Duberow Bernard G and Duberow Rosanna I
Bought by
Duberow Robert M and Murray Carol
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
Armstrong Sarah $395,000 Cw Title
Hogue Preston B $270,000 Rainier Title
Johansson Anna E $213,500 Commonwealth L
Neal Lisa M $139,500 Chicago Title Insurance Co
Moris Walter J $92,500 Evergreen Title Company Inc
Duberow Robert M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Armstrong Sarah $316,000
Previous Owner Hogue Preston B $54,000
Previous Owner Hogue Preston B $216,000
Previous Owner Johansson Anna E $170,800
Previous Owner Neal Lisa M $134,600
Previous Owner Moris Walter J $74,000
Closed Johansson Anna E $32,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2019 05/03/19 Sold $395,000 -7.1% $581 / Sq Ft
04/13/2019 04/13/19 Pending -- -- --
01/29/2019 01/29/19 For Sale $425,000 -- $625 / 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: NWM1404423

Northwest Multiple Listing Service (NWMLS)

APN: 664820-0140