NOT LISTED FOR SALE

1616 Summit Ave Unit 2402 Seattle, WA 98122

Capitol Hill Neighborhood

Estimated Value: $455,115 - $499,000

2 Beds
1 Bath
732 Sq Ft
$650/Sq Ft Est. Value

About This Home

This home is located at 1616 Summit Ave Unit 2402, Seattle, WA 98122 and is currently estimated at $476,029, approximately $650 per square foot. 1616 Summit Ave Unit 2402 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
Mar 13, 2009
Sold by
Stump Joseph C
Bought by
Sirbu Alin
Current Estimated Value
$476,029

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,656
Interest Rate
5.15%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 2, 2005
Sold by
Fuerstenau Lauren B
Bought by
Stump Joseph C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
6.14%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 7, 2005
Sold by
Chermoshnyuk Anatoliy
Bought by
Stump Joseph C and Fuerstenau Lauren B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,950
Interest Rate
7.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 22, 2000
Sold by
Sakuda Grace M and Morishita Koe
Bought by
Chermoshnyuk Anatoliy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.5%

Purchase Details

Closed on
Mar 2, 1992
Sold by
Mastro Michael R
Bought by
Morishita Grace M
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
Sirbu Alin $295,200 Northpoint Esc
Stump Joseph C -- --
Stump Joseph C $219,950 Commonwealth L
Chermoshnyuk Anatoliy $160,000 Chicago Title
Morishita Grace M $94,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sirbu Alin $234,000
Closed Sirbu Alin $288,500
Closed Sirbu Alin $289,656
Previous Owner Stump Joseph $35,000
Previous Owner Stump Joseph C $233,100
Previous Owner Stump Joseph C $175,950
Previous Owner Chermoshnyuk Anatoliy $120,000
Closed Stump Joseph C $44,000
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 $4,402 $469,000 $162,100 $306,900
2023 $3,571 $446,000 $162,100 $283,900
2022 $3,837 $430,000 $162,100 $267,900
2021 $4,383 $426,000 $162,100 $263,900
2020 $4,359 $463,000 $162,100 $300,900
2018 $3,566 $449,000 $139,800 $309,200
2017 $3,142 $367,000 $145,900 $221,100
2016 $2,857 $334,000 $52,600 $281,400
2015 $2,767 $296,000 $52,600 $243,400
2014 -- $294,000 $52,600 $241,400
2013 -- $206,000 $50,600 $155,400
Source: Public Records

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