Listed by COMPASS, Bought with Windermere RE/Capitol Hill,Inc
$577,000
SOLD JUL 26, 2018
2 Beds
2 Baths
986 Sq Ft
0.46 Acres

Recently Sold

$585 Per Sq Ft

3% Above List Price

2 Days on Market

Highlights

  • Lake Front
  • 0.46 Acre Lot
  • Balcony
  • McGilvra Elementary School Rated A
  • Property is near public transit
  • 1-minute walk to Madison Park

About This Home

As of February 2021

Fabulous in-city waters edge home overlooking Madison Beach Park. Gleaming new wood floors & paint. Unit has two entrances for easy access. Private dock for sunning, boating or swimming. Secure storage off lower drive in garage.Laundry in unit too. Two roomy bedrooms with an office mezzanine in between, master upper bedroom overlooking the trees and park. Across the street from the tennis courts and bus line right out the door to downtown along with restaurants, coffee and peace. Direct bus too.

Last Agent to Sell the Property

Claudia Vernia

COMPASS License #51024 Listed on: 06/20/2018

COMPASS

Last Buyer's Agent

Paul Grimm

Windermere RE/Capitol Hill,Inc License #26784

Windermere RE/Capitol Hill,Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1307995

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,770

Year Built

  • Built in 1964

Parking

  • 1 Car Garage
  • Common or Shared Parking

Home Design

  • Composition Roof

Interior Spaces

  • 986 Sq Ft Home
  • 3-Story Property
  • Laminate Flooring
  • Property Views

Kitchen

  • Electric Oven or Range
  • Microwave

Bedrooms and Bathrooms

Laundry

  • Electric Dryer
  • Washer

Outdoor Features

  • Balcony
  • Patio

Schools

  • Seattle Public Sch Elementary And Middle School
  • Seattle Public Sch High School

Additional Features

  • Lake Front
  • Property is near public transit
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 5015500390

Community Details

Overview

  • Association fees include common area maintenance, garbage, water/sewer
  • Gfk Association
  • Secondary HOA Phone (206) 285-1645
  • Madison Park Waterfront Condominiums
  • Madison Park Subdivision
  • Park Phone (206) 720-0557 | Manager Pat Brady

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,770

Year Built

Built in 1964

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 31 - Condo (2 Levels)
  • Year Built: 1964
  • Inclusions: Microwave,RangeOven,Refrigerator,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: See Remarks
  • Building Name: Madison Park waterfront condominiums
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 986
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • NumberOfAccessStairs: 5
  • RemodeledUpdated: true
  • UnitFeatures: Balcony/Deck/Patio
  • Special Features: None
  • Cumulative Days on Market: 986

Interior Features

  • Appliances: Microwave, Range/Oven, Refrigerator, Washer
  • Full Bathrooms: 2
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Laminate, See Remarks
  • Interior Amenities: Laminate, Balcony/Deck/Patio, Cooking-Electric, Dryer-Electric, Washer
  • Main Level Bedrooms: 1
  • Stories: 3
  • Bathrooms: 2
  • BathsFullMain: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 1
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 1
  • FloorNumberOfUnit: 2
  • AppliancesIncluded: Microwave,Range/Oven,Refrigerator,Washer
  • StorageLocation: lower

Exterior Features

  • Roof: Composition
  • View: See Remarks
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Exterior Features: Cement/Concrete
  • Structure Type: Multi Family
  • BusLineNearby: true
  • BusRouteNumber: 11

Garage/Parking

  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Common Garage
  • Total Parking Spaces: 1
  • ParkingSpaceNumbers: 2

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Heating Yn: Yes
  • Utilities: Electricity Available, Common Area Maintenance, Garbage, Water/Sewer
  • HeatingCoolingType: Baseboard,Radiant
  • ApplianceHookups: Cooking-Electric,Dryer-Electric,Washer

Condo/Co-op/Association

  • Community Features: High Speed Int Avail, See Remarks
  • Park Manager Name: Pat Brady
  • Park Manager Phone: 206-720-0557
  • Senior Community: No
  • Association Fee: 633
  • Phone: 206-285-1645
  • Pets Allowed: Cats OK, Dogs OK
  • AssociationContactName: GFK
  • CoOp: false
  • CommonPropertyFeatures: High Speed Int Avail,See Remarks

Fee Information

  • Association Fee Includes: Common Area Maintenance, Garbage, Water/Sewer

Schools

  • Junior High Dist: Seattle
  • High School: Seattle Public Sch
  • Middle Or Junior School: Seattle Public Sch

Lot Info

  • Parcel Number: 5015500390
  • Lot Size Acres: 0.4562
  • Lot Size Sq Ft: 19872
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: king county
  • MLSSquareFootageSource: king county

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2017
  • Tax Annual Amount: 2770

Multi Family

  • EnergySource: Electric
  • UnitsInBuildingTotal: 10

MLS Schools

  • Elementary School: Seattle Public Sch

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2020
Closed on
Feb 5, 2021
Sold by
Holler Jan R and Rose Michael A
Bought by
Feijoo Jayme V
Seller's Agent
Paul Grimm
Windermere RE/Capitol Hill,Inc
Buyer's Agent
Sam Mansour
John L. Scott, Inc.
List Price
$658,000
Sold Price
$650,000
Premium/Discount to List
-$8,000
-1.22%
Current Estimated Value
$599,664

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$50,336
Avg. Annual Appreciation
-1.40%
Original Mortgage
$450,000
Outstanding Balance
$407,043
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$203,441

Purchase Details

Closed on
Aug 26, 2002
Sold by
Gonzales Nancy A and Mcilvenna Nancy A
Bought by
Chesnin Harold

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,160
Interest Rate
6.4%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $650,000 First American Title
Warranty Deed $258,950 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $450,000 New Conventional
Previous Owner $207,160 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2021 02/26/21 Sold $650,000 -1.2% $659 / Sq Ft
01/22/2021 01/22/21 Pending -- -- --
01/18/2021 01/18/21 For Sale $658,000 0.0% $667 / Sq Ft
01/17/2021 01/17/21 Pending -- -- --
01/08/2021 01/08/21 For Sale $658,000 0.0% $667 / Sq Ft
01/05/2021 01/05/21 Pending -- -- --
12/08/2020 12/08/20 Price Changed $658,000 -2.5% $667 / Sq Ft
11/19/2020 11/19/20 For Sale $674,950 0.0% $685 / Sq Ft
10/26/2020 10/26/20 Pending -- -- --
10/20/2020 10/20/20 Price Changed $674,950 0.0% $685 / Sq Ft
10/20/2020 10/20/20 For Sale $674,950 +3.8% $685 / Sq Ft
09/28/2020 09/28/20 Off Market $650,000 -- --
09/03/2020 09/03/20 For Sale $680,000 +17.9% $690 / Sq Ft
07/26/2018 07/26/18 Sold $577,000 +2.6% $585 / Sq Ft
06/22/2018 06/22/18 Pending -- -- --
06/20/2018 06/20/18 For Sale $562,500 -- $570 / 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 $4,183 $449,000 $85,500 $363,500
2023 $3,468 $460,000 $85,500 $374,500
2022 $3,384 $421,000 $85,500 $335,500
2021 $3,071 $378,000 $85,500 $292,500
2020 $3,679 $325,000 $85,500 $239,500
2018 $3,047 $369,000 $62,800 $306,200
2017 $2,770 $315,000 $55,800 $259,200
2016 $2,535 $296,000 $26,000 $270,000
2015 $2,033 $264,000 $26,000 $238,000
2014 -- $216,000 $26,000 $190,000
2013 -- $189,000 $26,000 $163,000
Source: Public Records

Agents Affiliated with this Home

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1307995

Northwest Multiple Listing Service (NWMLS)

APN: 501550-0390