Listed by COMPASS, Bought with Windermere Real Estate Midtown
$405,000
SOLD MAR 4, 2025

1616 41st Ave E Unit 305 Seattle, WA 98112

Madison Park Neighborhood
1 Bed
1 Bath
680 Sq Ft
$815/mo HOA Fee

Recently Sold

$596 Per Sq Ft

4% Below List Price

Highlights

  • Unit is on the top floor
  • 0.33 Acre Lot
  • Territorial View
  • McGilvra Elementary School Rated A
  • Property is near public transit and bus stop
  • 2-minute walk to Madison Park

About This Home

As of March 2025

Presenting a prime top floor corner unit at the newly renovated Park Lane. Extremely rare affordable living in the heart of coveted Madison Park. Love where you live: Steps to the best shops, coffee, eats, groceries, parks & Lake WA. This happy home is spacious, light & bright w/ floor to ceiling windows & a West facing private deck. New paint, carpet & modern finishes throughout. Kitchen overlooks the separate living & dining areas & features custom cabinets, stone counters & stainless steel appliances. Oversized bedroom w/ space for a king bed & sitting/desk area, updated bathroom w/ marble vanity & glass shower/tub. Abundant storage w/ custom built-ins + sep storage unit. Charming building w/ expansive courtyard for outdoor enjoyment.

Last Agent to Sell the Property

Martha Belmont

COMPASS License #82832 Listed on: 01/08/2025

COMPASS

Co-Listed By

Gretchen Anderson

COMPASS License #119136

Last Buyer's Agent

April Geneva

Windermere Real Estate Midtown License #2423

Windermere Real Estate Midtown

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2319211

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,652

Year Built

  • Built in 1959

Lot Details

  • End Unit
  • West Facing Home
  • 664820015009

HOA Fees

  • $815 Monthly HOA Fees

Home Design

  • Modern Architecture
  • Flat Roof Shape
  • Bitumen Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 680 Sq Ft Home
  • 3-Story Property
  • Insulated Windows
  • Territorial Views

Kitchen

  • Electric Oven or Range
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Slate Flooring
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Bathroom on Main Level
  • 1 Full Bathroom

Home Security

Outdoor Features

  • Balcony
  • Patio

Location

  • Unit is on the top floor
  • Property is near public transit and bus stop

Schools

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window
  • Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

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

Amenities

  • Community Garden
  • Laundry Facilities
  • Lobby

Pet Policy

  • Dogs and Cats Allowed

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,652

Year Built

Built in 1959

Lot Details

0.33 Acres

HOA Fees

$815 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 1959
  • Inclusions: Dishwasher(s),Garbage Disposal,LeasedEquipment,Microwave(s),Refrigerator(s),Stove(s)/Range(s)
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Modern
  • Building Name: Park Lane
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 680
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DwellingType: Attached
  • RemodeledUpdated: true
  • UnitFeatures: Balcony/Deck/Patio,End Unit,Insulated Windows,Top Floor
  • SOCComments: Thank You!
  • DetachedDwellingSqFtFinished: 0
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2319211?w=Consumer&agent=48601
  • Special Features: None

Interior Features

  • Appliances: Dishwasher(s), Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s)
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Location: Main
  • Fireplace: No
  • Flooring: Ceramic Tile, Slate, Carpet
  • Interior Amenities: Balcony/Deck/Patio, Ceramic Tile, Cooking-Electric, Wall to Wall Carpet, Water Heater
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Stories: 3
  • BathsFullMain: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • StorageNo: 305
  • AppliancesIncluded: Dishwasher(s),Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s)
  • StorageLocation: Laundry Room
  • WindowCoverings: Yes- Blinds & Curtains

Exterior Features

  • Roof: Flat, Torch Down
  • View: Territorial
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Construction Type: Stucco, Wood
  • Direction Faces: West
  • Exterior Features: Stucco, Wood
  • Structure Type: Multi Family
  • BusLineNearby: true
  • ViewFrom: Unit
  • BusRouteNumber: 11

Garage/Parking

  • Carport Y N: No
  • Parking Features: None

Utilities

  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Unit(s)
  • Heating Yn: Yes
  • ApplianceHookups: Cooking-Electric
  • PowerCompany: Seattle City Light
  • WaterHeaterLocation: Entry Closet
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Community Features: Cable TV, Fire Sprinklers, Garden Space, High Speed Int Avail, Laundry Room, Lobby Entrance, Outside Entry
  • Park Manager Name: Condo Shield: Xeph Liwag
  • Park Manager Phone: 425-449-5681
  • Senior Community: No
  • Association Fee: 815
  • Association Fee Frequency: Monthly
  • Phone: 425-449-5681
  • Association: Yes
  • Pets Allowed: Cats OK, Dogs OK, Subj to Restrictions
  • AssociationContactName: Xeph Liwag
  • CoOp: false
  • CommonPropertyFeatures: Cable TV,Fire Sprinklers,Garden Space,High Speed Int Avail,Laundry Room,Lobby Entrance,Outside Entry

Fee Information

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

Schools

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

Lot Info

  • Parcel Number: 6648200150
  • Lot Size Acres: 0.3306
  • Lot Size Sq Ft: 14400
  • Additional Parcels Description: 664820015009
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Public Records

Green Features

  • Efficiency: Insulated Windows
  • Power Production Type: Electric

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2024
  • Tax Annual Amount: 3652

Multi Family

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

MLS Schools

  • Elementary School: Mc Gilvra

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2025
Closed on
Mar 3, 2025
Sold by
Daly Caroline W and Johnson Caroline Warwick
Bought by
Phillips Thomas Paul
Seller's Agent
Martha Belmont
COMPASS
Buyer's Agent
April Geneva
Windermere Real Estate Midtown
List Price
$420,000
Sold Price
$405,000
Premium/Discount to List
-$15,000
-3.57%
Views
28
Current Estimated Value
$399,374

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,626
Avg. Annual Appreciation
-1.46%

Purchase Details

Listed on
Jul 30, 2014
Closed on
Sep 29, 2014
Sold by
Fortin Elise and Keck Richard
Bought by
Daly Caroline W
Seller's Agent
Barbara Bell
COMPASS
Buyer's Agent
Martha Belmont
COMPASS
List Price
$350,000
Sold Price
$335,000
Premium/Discount to List
-$15,000
-4.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.84%
Original Mortgage
$190,000
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 2005
Sold by
Upper Gloria
Bought by
Holloway Freedom T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,600
Interest Rate
5.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 27, 2003
Sold by
Singh Veena D
Bought by
Upper Gloria

Purchase Details

Closed on
May 16, 2001
Sold by
Aj Hovan Inc
Bought by
Singh Veena D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
7.06%

Purchase Details

Closed on
Jun 19, 1995
Sold by
Bishop Gertrude Ann and Bishop Trudy A
Bought by
Aj Hovan Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,500
Interest Rate
7.25%

Purchase Details

Closed on
May 5, 1992
Sold by
Zaring Linda L
Bought by
Bishop Gertrude Ann
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $405,000 Chicago Title
Warranty Deed $335,000 Chicago Title
Warranty Deed $217,000 Commonwealth L
Warranty Deed $207,600 Transnation Ti
Warranty Deed $180,000 Transnation Title Insurance
Quit Claim Deed $36,988 First American Title Ins Co
Warranty Deed $76,400 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $190,000 New Conventional
Previous Owner $173,600 New Conventional
Previous Owner $171,000 No Value Available
Previous Owner $30,500 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/04/2025 03/04/25 Sold $405,000 -3.6% $596 / Sq Ft
02/14/2025 02/14/25 Pending -- -- --
01/08/2025 01/08/25 For Sale $420,000 +25.4% $618 / Sq Ft
09/30/2014 09/30/14 Sold $335,000 -4.3% $493 / Sq Ft View Prior Sale
08/20/2014 08/20/14 Pending -- -- --
07/30/2014 07/30/14 For Sale $350,000 -- $515 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

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 $4,083 $431,000 $276,000 $155,000
2023 $3,346 $391,000 $276,000 $115,000
2022 $3,438 $399,000 $187,100 $211,900
2021 $3,465 $378,000 $187,100 $190,900
2020 $4,067 $362,000 $173,100 $188,900
2018 $3,374 $411,000 $130,900 $280,100
2017 $3,186 $345,000 $116,900 $228,100
2016 $2,882 $337,000 $102,900 $234,100
2015 $2,592 $297,000 $102,900 $194,100
2014 -- $273,000 $121,600 $151,400
2013 -- $207,000 $121,600 $85,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2319211

Northwest Multiple Listing Service (NWMLS)

APN: 664820-0150

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