NOT LISTED FOR SALE

1617 Summit Ave Unit 22 Seattle, WA 98122

Capitol Hill Neighborhood

Estimated Value: $544,000 - $613,092

2 Beds
1 Bath
1,030 Sq Ft
0.28 Acres

Last Sold April 16, 2021

Last sale price $595,000 $578 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $3,515/month

Highlights

  • Territorial View
  • Traditional Architecture
  • Ceramic Tile Flooring
  • Garfield High School Rated A
  • 1 Fireplace

About This Home

As of April 2021

Looking for a quiet retreat in the city close to downtown, public transit, freeways, restaurants, and shops? Or do you need more space so you can comfortably work from home? Look no further. This beautiful 2 bedroom 1.75 bath condo has it all! Curl up for a movie or to read a book in front of the cozy wood fireplace. Or relax on the balcony surrounded by gorgeous pine trees. The large kitchen is perfect for your inner chef and for entertaining. Secure covered parking and storage! Welcome home!

Last Agent to Sell the Property

Earnest Watts

Redfin License #26742 Listed on: 08/28/2020

Redfin

Last Buyer's Agent

Miles Edson

Coldwell Banker Bain License #124960

Coldwell Banker Bain

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1652162

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,656

Year Built

  • Built in 1986

Lot Details

  • 0.28

Home Design

  • Traditional Architecture
  • Flat Roof Shape
  • Cement Board or Planked

Interior Spaces

  • 1 Bathroom
  • 1 Fireplace
  • Ceramic Tile Flooring
  • Territorial Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Parking

  • Carport
  • Common or Shared Parking

Listing and Financial Details

  • Assessor Parcel Number 0643250070

Community Details

Overview

  • Broadway Community

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,656

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 30 - Condo (1 Level)
  • Architecture: Traditional
  • Entrance Level: Main
  • Unit Floor Number: 20
  • Year Built: 1986
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Ceramic Tile, R
  • Remodeled: Y
  • Remodeled Updated: Y
  • Appliance Hookups: Cooking-Electric, Dryer-Electric, Washer
  • Appliances That Stay: Dishwasher, Garbage Disposal, Microwave, Range/Oven, Refrigerator
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 1.75
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Master Bedroom: Main
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Dining Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Storage: In front of parking spot
  • Storage Number: 22
  • Estimated Sq Ft: 1030

Exterior Features

  • Exterior: Cement Planked
  • Roof: Flat
  • View: Territorial

Garage/Parking

  • Numberof Assigned Spaces: 1
  • Parking Type: Carport, Common Garage
  • Parking Space Number: 22

Utilities

  • Heating And Cooling: Wall
  • Water Heater: Closet-Electric

Condo/Co-op/Association

  • HOA Fees: 500
  • Community Name: Broadway
  • Project: Belcourt Place
  • Cats And Dogs: Subj To Restrictions
  • Association Contact: Marlene Lounsberry (206) 937-4856
  • Common Property Features: Ab, Cable Tv, Elevator, High Speed Int Avail, Lobby Entrance, Security Gate
  • Home Owner Dues Included: Earthquake Ins., Garbage, Water/Sewer, Common Area Maintenance, Lawn Service
  • Unit Features: Balcony/Deck/Patio, Insulated Windows, Jetted/Soaking Tub, Master Bath, Walk-In Closet

Schools

  • School District: SEA

Lot Info

  • Lot Details: Alley, Curbs, Paved Street, Sidewalk
  • Parcel Number: 0643250070

Tax Info

  • Tax Amount: 5826

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2020
Closed on
Apr 14, 2021
Sold by
Sullivan Susan
Bought by
Gorelik Ryan
Seller's Agent
Earnest Watts
Redfin
Buyer's Agent
Miles Edson
Coldwell Banker Bain
List Price
$610,000
Sold Price
$595,000
Premium/Discount to List
-$15,000
-2.46%
Current Estimated Value
$580,523

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,477
Avg. Annual Appreciation
-0.54%
Original Mortgage
$476,000
Outstanding Balance
$429,770
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$150,753

Purchase Details

Closed on
Mar 23, 2011
Sold by
Brown Jeremy T
Bought by
Sullivan Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$331,283
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 9, 2004
Sold by
Seeman Sandra
Bought by
Brown Jeremy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,550
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 17, 2002
Sold by
Hughes William N
Bought by
Brown Jeremy T and Seeman Sandra S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
6.05%

Purchase Details

Closed on
Nov 21, 1997
Sold by
Baird James M
Bought by
Hughes William N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
7.23%

Purchase Details

Closed on
Dec 27, 1994
Sold by
Liu John R
Bought by
Baird James M and Baird Gamze C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,150
Interest Rate
9.2%

Purchase Details

Closed on
Jul 23, 1992
Sold by
Kelley Sally J
Bought by
Liu John R
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
Gorelik Ryan $595,000 First American Title
Sullivan Susan $339,900 Commonwealth L
Brown Jeremy $107,500 Washington Tit
Brown Jeremy T $215,000 Chicago Title
Hughes William N $153,000 Evergreen Title Company Inc
Baird James M $135,950 Transamerica Title Ins Co
Liu John R $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gorelik Ryan $476,000
Previous Owner Sullivan Susan $331,283
Previous Owner Brown Jeremy $176,550
Previous Owner Brown Jeremy T $172,000
Previous Owner Hughes William N $133,000
Previous Owner Baird James M $129,150
Closed Brown Jeremy T $43,000
Closed Brown Jeremy $37,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/16/2021 04/16/21 Sold $595,000 -0.7% $578 / Sq Ft
03/16/2021 03/16/21 Pending -- -- --
03/09/2021 03/09/21 Price Changed $599,000 -1.8% $582 / Sq Ft
02/04/2021 02/04/21 Price Changed $610,000 0.0% $592 / Sq Ft
02/04/2021 02/04/21 For Sale $610,000 +2.5% $592 / Sq Ft
12/20/2020 12/20/20 Off Market $595,000 -- --
09/28/2020 09/28/20 Price Changed $625,000 -3.8% $607 / Sq Ft
08/28/2020 08/28/20 For Sale $649,950 -- $631 / 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 $5,656 $604,000 $240,000 $364,000
2023 $5,943 $646,000 $240,000 $406,000
2022 $5,189 $554,000 $234,000 $320,000
2021 $5,164 $578,000 $234,000 $344,000
2020 $5,826 $546,000 $240,000 $306,000
2018 $4,979 $621,000 $207,000 $414,000
2017 $4,239 $514,000 $213,000 $301,000
2016 $3,849 $452,000 $78,000 $374,000
2015 $3,278 $400,000 $78,000 $322,000
2014 -- $348,000 $78,000 $270,000
2013 -- $343,000 $75,000 $268,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1652162

Northwest Multiple Listing Service (NWMLS)

APN: 064325-0070