Listed by Realogics Sotheby's Int'l Rlty, Bought with Windermere Real Estate/East
NOT LISTED FOR SALE

1740 Melrose Ave Unit 401 Seattle, WA 98122

Capitol Hill Neighborhood

Estimated Value: $520,000 - $795,000

2 Beds
1 Bath
1,205 Sq Ft
0.48 Acres

Last Sold July 11, 2012

Last sale price $325,000 $270 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $3,627/month

1 Day on Market

Highlights

  • City View
  • Corner Lot
  • 4-minute walk to Summit Slope Park
  • Garfield High School Rated A
  • Slate Flooring

About This Home

As of July 2012

Grand 2 bedroom, 1.75 bath condominium with views of the Seattle Downtown skyline, the Space Needle and the Olympic Mountain range. 2 large balconies, one off of the living room and one off of the master bedroom. Black granite counters, stainless appliances, updated luxurious bathrooms, washer/dryer. Outdoor swimming pool, garage parking, seconds to downtown and a short stroll to Broadway.

Last Agent to Sell the Property

Enrico Pozzo

Realogics Sotheby's Int'l Rlty License #47331 Listed on: 05/29/2012

Realogics Sotheby's Int'l Rlty

Last Buyer's Agent

Chip Tilley

Windermere Real Estate/East License #2552

Windermere Real Estate/East

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM362742

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,611

Year Built

  • Built in 1963

Lot Details

  • 0.48

Parking

  • Common or Shared Parking

Property Views

  • City
  • Mountain

Home Design

  • Flat Roof Shape

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Slate Flooring
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bathroom

Laundry

  • Dryer
  • Washer

Listing and Financial Details

  • Assessor Parcel Number 5051510130

Community Details

Overview

  • 40 Units
  • 8-Story Property

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,611

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: Condo (1 Level)
  • Entrance Level: Main
  • Unit Floor Number: 4
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Ceramic Tile, Slate, Wall To Wall Carpet
  • Appliance Hookups: Cooking-Electric, Dryer-Electric, Washer
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • 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
  • Dining Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 1205
  • Window Coverings: 50% shades

Exterior Features

  • Exterior: Cement/Concrete
  • Roof: Flat
  • View: City, Mountain

Garage/Parking

  • Numberof Assigned Spaces: 1
  • Parking Type: Common Garage
  • Parking Space Number: 31

Utilities

  • Heating And Cooling: Wall
  • Water Heater: electric

Condo/Co-op/Association

  • Numberof Units in Building: 40
  • Numberof Units In Complex: 40
  • HOA Fees: 410
  • Cats And Dogs: No Restrictions
  • Common Property Features: Cable Tv, Club House, Elevator, Laundry Room, Lobby Entrance, Outside Entry, Pool-Outdoor, Security Gate
  • Home Owner Dues Included: Cable Tv, Earthquake Ins., Garbage, Water/Sewer
  • Unit Features: Balcony/Deck/Patio, End Unit, Insulated Windows, Master Bath

Schools

  • School District: SEA

Lot Info

  • Lot Details: Corner Lot, Curbs, Paved Street, Sidewalk
  • Parcel Number: 5051510130

Tax Info

  • Tax Amount: 2576

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 12, 2021
Sold by
Schaaf John A and Schaaf Normana D
Bought by
Schaaf Christiaan T
Current Estimated Value
$596,227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Outstanding Balance
$179,111
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$420,893

Purchase Details

Listed on
May 29, 2012
Closed on
Jul 5, 2012
Sold by
Alver Kenneth W and Alver Barbara Jean Byrne
Bought by
Schaaf Christiaan T and Schaaf John A
Seller's Agent
Enrico Pozzo
Realogics Sotheby's Int'l Rlty
Buyer's Agent
Chip Tilley
Windermere Real Estate/East
List Price
$325,000
Sold Price
$325,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.77%
Original Mortgage
$260,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 2005
Sold by
Motor Melinda A
Bought by
Alver Kenneth W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,400
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 16, 1999
Sold by
Bame Michael L and Bame Gwendolyn K
Bought by
Motor Melinda A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,200
Interest Rate
6.79%
Source: Public Records

Range of Values:

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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
Schaaf Christiaan T -- Ticor Title
Schaaf Christiaan T $325,000 Rainier Title
Alver Kenneth W $308,000 Ticor National
Motor Melinda A $159,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schaaf Christian T $85,000
Open Schaaf Christiaan T $212,000
Closed Schaaf John A $229,000
Closed Schaaf Christiaan T $260,000
Previous Owner Alver Kenneth W $253,966
Previous Owner Alver Kenneth W $246,400
Previous Owner Motor Melinda A $188,500
Previous Owner Motor Melinda A $127,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2012 07/11/12 Sold $325,000 0.0% $270 / Sq Ft
05/31/2012 05/31/12 Pending -- -- --
05/29/2012 05/29/12 For Sale $325,000 -- $270 / 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 $4,611 $489,000 $225,400 $263,600
2023 $4,193 $539,000 $225,400 $313,600
2022 $4,563 $504,000 $225,400 $278,600
2021 $4,439 $506,000 $225,400 $280,600
2020 $4,672 $467,000 $225,400 $241,600
2018 $4,097 $489,000 $194,400 $294,600
2017 $3,488 $421,000 $200,000 $221,000
2016 $2,983 $370,000 $70,400 $299,600
2015 $3,053 $308,000 $70,400 $237,600
2014 -- $323,000 $70,400 $252,600
2013 -- $278,000 $70,400 $207,600
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2012

    Enrico Pozzo

    Reaologics Sothebys International Realty

    Section Image
  • Chip Tilley

    Buyer's Agent in 2012

    Chip Tilley

    Windermere Corporate

    (206) 940-5604

    2 in this area

    79 Total Sales

    Chip Tilley
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM362742

Northwest Multiple Listing Service (NWMLS)

APN: 505151-0130

Washington King County Seattle 98101 Capitol Hill

1740 Melrose Ave Unit 401, Seattle, WA

This home is located at 1740 Melrose Ave Unit 401, Seattle, WA 98122 since 29 May 2012 and is currently estimated at $596,227, approximately $494 per square foot. This property was built in 1963. 1740 Melrose Ave Unit 401 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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