Listed by Coldwell Banker Bain, Bought with G Squared Realty LLC
NOT LISTED FOR SALE

1616 Summit Ave Unit 107 Seattle, WA 98122

Capitol Hill Neighborhood

Estimated Value: $362,949 - $501,000

1 Bed
1 Bath
561 Sq Ft
0.57 Acres

Last Sold July 12, 2016

Last sale price $337,000 $601 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,582/month

4 Days on Market

Highlights

  • Contemporary Architecture
  • Corner Lot
  • Slate Flooring
  • Garfield High School Rated A

About This Home

As of July 2016

Newly renovated building, fully renovated condo, Walkscore of 97; the perfect Capitol Hill condo. This corner unit with an open plan is flooded with natural light. Fully renovated with granite, SS appliances, slate, wood trim and blinds. The bay window adds more character and the large bedroom is a bonus. The building renovation includes exterior/windows/carpet/lighting/paint and intercom. 1 parking space in the gated garage and a storage unit is included. Enjoy the roof top deck views!

Last Agent to Sell the Property

Kip White

Coldwell Banker Bain License #89673 Listed on: 05/31/2016

Coldwell Banker Bain

Last Buyer's Agent

Gregory Gans

G Squared Realty LLC License #21021974

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM939317

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,749

Year Built

  • Built in 1990

Lot Details

  • 0.57

Parking

  • Common or Shared Parking

Home Design

  • Contemporary Architecture
  • Flat Roof Shape
  • Bitumen Roof
  • Cement Board or Planked

Interior Spaces

  • Blinds

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Slate Flooring

Laundry

  • Dryer
  • Washer

Listing and Financial Details

  • Assessor Parcel Number 6633800070

Community Details

Overview

  • 76 Units
  • Capitol Hill Community
  • 5-Story Property

Pet Policy

  • Pets allowed on a case-by-case basis
  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,749

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 30 - Condo (1 Level)
  • Architecture: Contemporary
  • Entrance Level: Main
  • Unit Floor Number: 1
  • Year Built: 1990
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Slate, Wall To Wall Carpet
  • Remodeled: Y
  • Remodeled Updated: Y
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 1.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 1.00
  • Total Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Kitchen: Main
  • Living Room: Main
  • Storage: 5th fl storage
  • Storage Number: N507
  • Estimated Sq Ft: 561
  • Window Coverings: blinds

Exterior Features

  • Exterior: Cement Planked
  • Roof: Flat, Torch Down

Garage/Parking

  • Numberof Assigned Spaces: 1
  • Parking Type: Common Garage
  • Parking Space Number: 4C

Utilities

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

Condo/Co-op/Association

  • Numberof Units in Building: 76
  • Numberof Units In Complex: 76
  • HOA Fees: 304
  • Community Name: Capitol Hill
  • Project: Parc On Summit
  • Cats And Dogs: Subj To Restrictions
  • Manager Contact Information: Anthony Supenia (206) 618-8755
  • Association Contact: Megan Martin (206) 285-1645
  • Common Property Features: Cable Tv, Elevator, Fire Sprinklers, Lobby Entrance
  • Home Owner Dues Included: Earthquake Ins., Garbage, Water/Sewer, Common Area Maintenance
  • Unit Features: End Unit, Ground Floor, Insulated Windows

Schools

  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify
  • School District: SEA

Lot Info

  • Lot Details: Corner Lot, Curbs, Paved Street, Sidewalk
  • Lot Sq Ft: 24881
  • Parcel Number: 6633800070

Tax Info

  • Tax Amount: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2016
Closed on
Jul 7, 2016
Sold by
Heidema M Suzanne and Wilson Steven M
Bought by
Muralidharan Ashwin K
Seller's Agent
Kip White
Coldwell Banker Bain
Buyer's Agent
Gregory Gans
G Squared Realty LLC
List Price
$299,000
Sold Price
$337,000
Premium/Discount to List
$38,000
12.71%
Current Estimated Value
$417,487

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,487
Avg. Annual Appreciation
2.37%
Original Mortgage
$303,300
Outstanding Balance
$243,240
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
$174,247

Purchase Details

Closed on
Jan 3, 1997
Sold by
Wood Joanne Patricia and Mastro Michael R
Bought by
Mastro Michael R

Purchase Details

Closed on
Sep 1, 1994
Sold by
Mastro Michael R
Bought by
Wood Joann Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,775
Interest Rate
8.65%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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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
Muralidharan Ashwin K $337,000 Rainier Title
Mastro Michael R $61,775 --
Wood Joann Patricia $70,000 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Muralidharan Ashwin K $303,300
Previous Owner Wood Joann Patricia $62,775
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2016 07/12/16 Sold $337,000 +12.7% $601 / Sq Ft
06/05/2016 06/05/16 Pending -- -- --
05/31/2016 05/31/16 For Sale $299,000 -- $533 / 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 $3,749 $398,000 $105,300 $292,700
2023 $2,930 $372,000 $105,300 $266,700
2022 $3,245 $351,000 $105,300 $245,700
2021 $3,694 $359,000 $105,300 $253,700
2020 $3,566 $389,000 $105,300 $283,700
2018 $2,820 $342,000 $90,900 $251,100
2017 $2,448 $289,000 $94,800 $194,200
2016 $2,193 $259,000 $34,200 $224,800
2015 $2,016 $226,000 $34,200 $191,800
2014 -- $213,000 $34,200 $178,800
2013 -- $147,000 $32,900 $114,100
Source: Public Records

Agents Affiliated with this Home

  • Kip White

    Seller's Agent in 2016

    Kip White

    Coldwell Banker Bain

    (206) 390-2774

    10 in this area

    172 Total Sales

    Kip White
    Section Image

  • G

    Buyer's Agent in 2016

    Gregory Gans

    G Squared Realty LLC

    (206) 999-7724

    14 Total Sales

    Gregory Gans
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM939317

Northwest Multiple Listing Service (NWMLS)

APN: 663380-0070

Washington King County Seattle 98122 Capitol Hill

1616 Summit Ave Unit 107, Seattle, WA

This home is located at 1616 Summit Ave Unit 107, Seattle, WA 98122 since 31 May 2016 and is currently estimated at $417,487, approximately $744 per square foot. This property was built in 1990. 1616 Summit Ave Unit 107 is a home located in King County with nearby schools including Lowell Elementary School, Meany Middle School, and Garfield High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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