NOT LISTED FOR SALE

1616 Summit Ave Unit 206 Seattle, WA 98122

Capitol Hill Neighborhood

Estimated Value: $394,000 - $546,000

1 Bed
1 Bath
618 Sq Ft
$729/Sq Ft Est. Value

About This Home

This home is located at 1616 Summit Ave Unit 206, Seattle, WA 98122 and is currently estimated at $450,793, approximately $729 per square foot. 1616 Summit Ave Unit 206 is a home located in King County with nearby schools including Lowell Elementary School, Meany Middle School, and Garfield High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 27, 2017
Sold by
Sherwood Benjamin H and Sherwood Sidira
Bought by
Kumar Anil and Pillai Sunanda
Current Estimated Value
$450,793

Purchase Details

Closed on
Jun 7, 2013
Sold by
Sherwood Benjamin H
Bought by
Sherwood Benjamin H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,260
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 2006
Sold by
Thew Thomas D and Dates Tracie A
Bought by
Sherwood Benjamin H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,450
Interest Rate
6.69%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 6, 2004
Sold by
Walls Robert A and Walls Susan L
Bought by
Greggerson Ethan D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 18, 1999
Sold by
Bumbico Leonard T and Bumbico Gina M
Bought by
Thew Thomas D and Dates Tracie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,650
Interest Rate
6.77%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 6, 1996
Sold by
Scott Jeffrey G and Scott Anny S
Bought by
Bumbico Leonard T and Bumbico Gina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,150
Interest Rate
7.76%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Kumar Anil $456,000 First American Title Insuran
Sherwood Benjamin H -- Servicelink
Sherwood Benjamin H $224,600 Chicago Title
Greggerson Ethan D $165,000 --
Thew Thomas D $98,000 Fidelity National Title Co
Bumbico Leonard T $76,200 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sherwood Benjamin H $180,260
Previous Owner Sherwood Benjamin H $22,450
Previous Owner Sherwood Benjamin H $179,650
Previous Owner Thew Thomas D $156,000
Previous Owner Greggerson Ethan D $132,000
Previous Owner Thew Thomas D $94,650
Previous Owner Bumbico Leonard T $57,150
Closed Greggerson Ethan D $33,000
Source: Public Records

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 $3,998 $425,000 $105,300 $319,700
2023 $3,141 $398,000 $105,300 $292,700
2022 $3,351 $377,000 $105,300 $271,700
2021 $3,898 $371,000 $105,300 $265,700
2020 $3,750 $411,000 $105,300 $305,700
2018 $3,040 $371,000 $90,900 $280,100
2017 $2,624 $312,000 $94,800 $217,200
2016 $2,430 $278,000 $34,200 $243,800
2015 $2,276 $251,000 $34,200 $216,800
2014 -- $241,000 $34,200 $206,800
2013 -- $164,000 $32,900 $131,100
Source: Public Records

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