Listed by COMPASS, Bought with Berkshire Hathaway HS NW
NOT LISTED FOR SALE

1616 Summit Ave Unit 105 Seattle, WA 98122

Capitol Hill Neighborhood

Estimated Value: $259,071

Studio
1 Bath
388 Sq Ft
0.57 Acre Lot

Sale Details

Date Sold: November 26, 2024

Last sale price $255,000 $657 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,046 / mo

4 Days on Market

Highlights

  • Rooftop Deck
  • City View
  • Softwood Flooring
  • Gated Community
  • Property is near public transit and bus stop
  • End Unit

About This Home

As of November 2024

Welcome to Parc on Summit, your stylish new home in the heart of Seattle’s vibrant Capitol Hill! This beautifully remodeled studio blends modern comfort & chic design, featuring stunning fir floors, a sleek kitchen w/ quartz counter & stainless steel appliances, and a spa-like bathroom w/ like-new tiled shower & vanity. Interior boosts a warm, inviting atmosphere while a functional balcony offers a refreshing retreat. Head out to enjoy Capitol Hill’s top restaurants, bars, and shops - all within walking distance. Take in breathtaking city views from rooftop deck and leave your car in secured garage. With a 99 Walkscore & no rental cap, this pet-friendly urban oasis offers the perfect mix of contemporary living & neighborhood charm!

Last Agent to Sell the Property

Kevin Lam

COMPASS License #20115087 Listed on: 11/01/2024

COMPASS

Last Buyer's Agent

Callie Lagasca

Berkshire Hathaway HS NW License #120534

Berkshire Hathaway HS NW

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2305859

Northwest Multiple Listing Service (NWMLS)
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,493

Year Built

  • Built in 1990

Lot Details

  • End Unit
  • West Facing Home
  • Sprinkler System

HOA Fees

  • $409 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Common or Shared Parking

Home Design

  • Studio
  • Flat Roof Shape
  • Vinyl Construction Material

Interior Spaces

  • 388 Sq Ft Home
  • Insulated Windows
  • City Views

Kitchen

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

Flooring

  • Softwood
  • Ceramic Tile

Bedrooms and Bathrooms

  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Electric Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Patio

Location

  • Ground Level Unit
  • Property is near public transit and bus stop

Schools

  • Lowell Elementary School
  • Meany Mid Middle School
  • Garfield High School

Utilities

  • Heating System Mounted To A Wall or Window
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include garbage, sewer, water
  • 76 Units
  • Parc On Summit Association
  • The Parc On Summit Condos
  • Capitol Hill Subdivision
  • 5-Story Property

Amenities

  • Rooftop Deck
  • Elevator
  • Lobby

Pet Policy

  • Pets Allowed

Security

  • Gated Community
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,493

Year Built

Built in 1990

Lot Details

0.57 Acres

HOA Fees

$409 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 1990
  • Buyer Agency Compensation: 2.5
  • Inclusions: Dishwasher(s),Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Studio
  • Building Name: The Parc on Summit
  • Unit Levels: One
  • New Construction: No
  • Structure Type: Multi Family
  • CalculatedSquareFootage: 388
  • SeniorExemption: false
  • DwellingType: Attached
  • RemodeledUpdated: true
  • UnitFeatures: Balcony/Deck/Patio,End Unit,Ground Floor,Insulated Windows,Primary Bath,Sprinkler System
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2305859?w=Consumer&agent=131376
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher(s), Dryer(s), Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Full Bathrooms: 1
  • Entry Location: Main
  • Fireplace: No
  • Flooring: Ceramic Tile, Softwood, Hardwood
  • Interior Amenities: Balcony/Deck/Patio, Ceramic Tile, Cooking-Electric, Dryer-Electric, Fir/Softwood, Hardwood, Washer
  • Main Level Bathrooms: 1
  • Stories: 5
  • 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: 510
  • AppliancesIncluded: Dishwasher(s),Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • StorageLocation: 5th Floor
  • WindowCoverings: Curtain

Exterior Features

  • Roof: Flat
  • View: City
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Direction Faces: West
  • Exterior Features: Cement/Concrete, Metal/Vinyl
  • BusLineNearby: true
  • ViewFrom: Unit

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Common Garage
  • Total Parking Spaces: 1

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Security: SecurityGate
  • Cooling: None
  • Cooling Y N: No
  • Heating: Wall Unit(s)
  • Heating Yn: Yes
  • ApplianceHookups: Cooking-Electric,Dryer-Electric,Washer

Condo/Co-op/Association

  • Community Features: Cable TV, Elevator, Fire Sprinklers, Gated, High Speed Int Avail, Lobby Entrance, Rooftop Deck
  • Senior Community: No
  • Association Fee: 409
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes
  • AssociationContactName: Parc on Summit
  • CommonPropertyFeatures: Cable TV,Elevator,Fire Sprinklers,Gated Entry,High Speed Int Avail,Lobby Entrance,Rooftop Deck,Security Gate

Fee Information

  • Association Fee Includes: Garbage, Sewer, Water

Schools

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

Lot Info

  • Parcel Number: 6633800050
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true

Green Features

  • Efficiency: Insulated Windows
  • Power Production Type: Electric

Tax Info

  • Year: 2024
  • Tax Annual Amount: 2493

Multi Family

  • Number Of Units In Community: 76
  • EnergySource: Electric

MLS Schools

  • Elementary School: Lowell

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2024
Closed on
Nov 21, 2024
Sold by
Bought by
Seller's Agent
Kevin Lam
COMPASS
Buyer's Agent
Callie Lagasca
Berkshire Hathaway HS NW
List Price
$255,000
Sold Price
$255,000
Views
10
Current Estimated Value
$259,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,071
Avg. Annual Appreciation
0.95%
Original Mortgage
$204,000
Outstanding Balance
$200,194
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$58,877

Purchase Details

Listed on
Feb 7, 2017
Closed on
Mar 13, 2017
Sold by
Bought by
Seller's Agent
Michael Witt
Windermere RE/Capitol Hill,Inc
Buyer's Agent
Sam Chui
eLink Realty
List Price
$269,950
Sold Price
$285,000
Premium/Discount to List
$15,050
5.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.43%
Original Mortgage
$213,750
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 8, 2015
Sold by
Bought by

Purchase Details

Closed on
Sep 20, 2005
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Capitol Hill, WA

See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$255,000 Stewart Title
$285,000 First American
$175,000 First American
$134,000 Commonwealth L
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $204,000
Previous Owner $213,750
Previous Owner $100,000
Previous Owner $107,750
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/26/2024 11/26/24 Sold $255,000 0.0% $657 / Sq Ft
11/05/2024 11/05/24 Pending -- -- --
11/01/2024 11/01/24 For Sale $255,000 -10.5% $657 / Sq Ft
03/16/2017 03/16/17 Sold $285,000 +5.6% $735 / Sq Ft View Prior Sale
02/14/2017 02/14/17 Pending -- -- --
02/07/2017 02/07/17 For Sale $269,950 +54.3% $696 / Sq Ft
11/19/2015 11/19/15 Sold $175,000 -5.4% $451 / Sq Ft View Prior Sale
08/19/2015 08/19/15 Pending -- -- --
08/14/2015 08/14/15 Price Changed $185,000 -9.8% $477 / Sq Ft
07/06/2015 07/06/15 Price Changed $205,000 -6.8% $528 / Sq Ft
06/15/2015 06/15/15 For Sale $220,000 -- $567 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $2,555 $248,000 $84,100 $163,900
2024 $2,747 $289,000 $84,100 $204,900
2023 $2,493 $266,000 $84,100 $181,900
2022 $2,389 $253,000 $84,100 $168,900
2021 $2,716 $262,000 $84,100 $177,900
2020 $2,679 $284,000 $84,100 $199,900
2018 $2,074 $247,000 $72,600 $174,400
2017 $1,773 $211,000 $75,700 $135,300
2016 $1,596 $186,000 $27,300 $158,700
2015 $1,459 $163,000 $27,300 $135,700
2014 -- $153,000 $27,300 $125,700
2013 -- $104,000 $26,300 $77,700
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2305859

Northwest Multiple Listing Service (NWMLS)

APN: 663380-0050

Your Personal Tour Guide

Ask me questions while you tour the home.