NOT LISTED FOR SALE

Estimated Value: $905,000 - $1,976,174

1 Bed
1 Bath
980 Sq Ft
1.09 Acres

Last Sold July 17, 2017

Last sale price $700,000 $714 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $6,426/month

10 Days on Market

Highlights

  • Low Bank Waterfront Property
  • Lake View
  • 1 Fireplace
  • McGilvra Elementary School Rated A
  • Contemporary Architecture
  • 2-minute walk to Madison Park

About This Home

As of July 2017

Views of Lake Washington enhance this seldom available one bedroom condominium in the Washington Park Towers- designed by Roland Terry, a great architect of our time. Large, open spaces & generous-sized rooms allow for easy living. The efficient kitchen provides lots of storage, counters & utility space. Amenities to the building include security, social room, outdoor pool, dock, and guest parking. Walking distance to many shops & restaurants in Madison Park.

Last Agent to Sell the Property

Kitty Hughes

Coldwell Banker Bain License #11343 Listed on: 05/01/2017

Coldwell Banker Bain

Last Buyer's Agent

Kitty Hughes

Coldwell Banker Bain License #11343 Listed on: 05/01/2017

Coldwell Banker Bain

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1113030

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1969

Lot Details

  • 1.09

Parking

  • Common or Shared Parking

Property Views

  • Lake
  • City
  • Mountain

Home Design

  • Contemporary Architecture
  • Bitumen Roof

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Additional Features

  • 1 Fireplace
  • Low Bank Waterfront Property

Listing and Financial Details

  • Assessor Parcel Number 9186700360

Community Details

Overview

  • 62 Units
  • Madison Park Community
  • 23-Story Property

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Condominium

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 30 - Condo (1 Level)
  • Architecture: Contemporary
  • Entrance Level: Main
  • Unit Floor Number: 13
  • Year Built: 1969
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Ceramic Tile, Wall To Wall Carpet
  • Appliance Hookups: Cooking-Electric
  • Appliances That Stay: Dishwasher, Microwave, Range/Oven, Refrigerator
  • Bedrooms: 1.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 1.00
  • Total Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Master Bedroom: Main
  • Fireplace Type: Gas
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Dining Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Storage: Basement
  • Storage Number: 13A
  • Estimated Sq Ft: 980

Exterior Features

  • Exterior: Cement/Concrete
  • Roof: Torch Down
  • View: City, Lake, Mountain
  • Waterfront: Bank-Low, Lake

Garage/Parking

  • Numberof Assigned Spaces: 1
  • Parking Type: Common Garage
  • Parking Space Number: 13A

Utilities

  • Heating And Cooling: Window Unit A/C

Condo/Co-op/Association

  • Numberof Units in Building: 62
  • Numberof Units In Complex: 62
  • HOA Fees: 851
  • Community Name: Madison Park
  • Project: Washington Park Towers
  • Cats And Dogs: Subj To Restrictions
  • Manager Contact Information: Doug Johnson (206) 324-3046
  • Association Contact: Prime (206) 726-0878
  • Common Property Features: Cable Tv, Club House, Disabled Access, Elevator, Exercise Room, High Speed Int Avail, Laundry Room, Lobby Entrance, Outside Entry, Pool-Outdoor, Security Gate
  • Home Owner Dues Included: Central Hot Water, Earthquake Ins., Garbage, Water/Sewer, Common Area Maintenance, Security Services
  • Unit Features: Disabled Access

Schools

  • School District: SEA

Lot Info

  • Lot Details: Paved Street, Sidewalk
  • Parcel Number: 9186700360

Tax Info

  • Tax Amount: 6778

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 4, 2022
Sold by
Lee Chung N and Lee Bik-Lam
Bought by
Franceschina Brett Steven
Current Estimated Value
$1,097,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$702,187
Outstanding Balance
$654,346
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$564,948

Purchase Details

Listed on
May 1, 2017
Closed on
Jun 27, 2017
Sold by
Perkins Cole Trust Company Llc
Bought by
Lee Chung N and Lee Bik Lam
Seller's Agent
Kitty Hughes
Coldwell Banker Bain
Buyer's Agent
Kitty Hughes
Coldwell Banker Bain
List Price
$725,000
Sold Price
$700,000
Premium/Discount to List
-$25,000
-3.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.73%
Original Mortgage
$400,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 7, 1994
Sold by
Seattle First National Bank and Martin Marian Coleman
Bought by
Prestrud Barbara Bye
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Franceschina Brett Steven $936,250 None Listed On Document
Lee Chung N $700,000 Chicago Title Company Of Wa
Prestrud Barbara Bye $262,565 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Franceschina Brett Steven $702,187
Previous Owner Lee Chung N $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2017 07/17/17 Sold $700,000 -3.4% $714 / Sq Ft
05/12/2017 05/12/17 Pending -- -- --
05/01/2017 05/01/17 For Sale $725,000 -- $740 / 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 $8,898 $954,000 $113,300 $840,700
2023 $7,662 $1,015,000 $113,300 $901,700
2022 $7,390 $930,000 $113,300 $816,700
2021 $7,632 $825,000 $113,300 $711,700
2020 $9,784 $809,000 $113,300 $695,700
2018 $7,996 $997,000 $83,200 $913,800
2017 $6,778 $828,000 $74,000 $754,000
2016 $6,139 $725,000 $46,300 $678,700
2015 $6,323 $640,000 $46,300 $593,700
2014 -- $675,000 $46,300 $628,700
2013 -- $626,000 $46,400 $579,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1113030

Northwest Multiple Listing Service (NWMLS)

APN: 918670-0360