Listed by Lumin Brokers of Washington, Bought with Windermere Real Estate Midtown
NOT LISTED FOR SALE

2001 43rd Ave E Unit A1 Seattle, WA 98112

Madison Park Neighborhood

Estimated Value: $490,000 - $588,292

2 Beds
2 Baths
868 Sq Ft
$100/mo HOA Fee

Last Sold May 29, 2025

Last sale price $485,000 $559 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,332/month

34 Days on Market

Highlights

  • Lake View
  • Property is near public transit
  • Wood Flooring
  • McGilvra Elementary School Rated A
  • Traditional Architecture
  • 3-minute walk to Madison Park

About This Home

As of May 2025

Take a look at this fantastic opportunity to own a turnkey 2 bed 1.75 bath condo in Madison Park. The property is conveniently located right next to most of the local shops and restaurants. Enjoy the lake view from both in the unit or on the spacious private patio. This unit also comes with a massive 829 sq ft storage that occupies the entire basement of the building. Move quickly as this won't last long.

Last Agent to Sell the Property

Richard Kim

Lumin Brokers of Washington License #50106 Listed on: 03/27/2025

Last Buyer's Agent

Ryan Cutler

Windermere Real Estate Midtown License #20120669

Windermere Real Estate Midtown

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2351796

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,521

Year Built

  • Built in 1998

Lot Details

  • Southeast Facing Home
  • 3905600007

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Common or Shared Parking

Property Views

  • Lake
  • Territorial

Home Design

  • Traditional Architecture
  • Composition Roof
  • Stucco

Interior Spaces

  • 868 Sq Ft Home
  • 3-Story Property
  • Wood Burning Fireplace

Kitchen

  • Electric Oven or Range
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Bathroom on Main Level

Outdoor Features

  • Balcony

Location

  • Property is near public transit
  • Property is near a bus stop

Utilities

  • Baseboard Heating
  • Water Heater

Community Details

  • 3 Units
  • Klaipeda Condo
  • Madison Park Subdivision
  • Park Manager: Self-managed

Listing and Financial Details

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,521

Year Built

Built in 1998

Lot Details

0

HOA Fees

$100 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 1998
  • Inclusions: Dishwasher(s),Microwave(s),Stove(s)/Range(s)
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Traditional
  • Building Name: Klaipeda Condo
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 868
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DwellingType: Attached
  • RemodeledUpdated: false
  • UnitFeatures: Balcony/Deck/Patio
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2351796?w=Consumer&agent=47547
  • Special Features: None

Interior Features

  • Fireplaces: 1
  • Appliances: Dishwasher(s), Microwave(s), Stove(s)/Range(s)
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Hardwood, Laminate
  • Interior Amenities: Cooking-Electric, Fireplace, Laminate, Water Heater
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Stories: 3
  • BathsFullMain: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • StorageNo: Entire Basement
  • AppliancesIncluded: Dishwasher(s),Microwave(s),Stove(s)/Range(s)
  • StorageLocation: Basement 829 sq ft
  • WindowCoverings: Curtains

Exterior Features

  • Roof: Composition
  • View: Lake, Territorial
  • Lot Features: Corner Lot, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Construction Type: Stucco
  • Direction Faces: Southeast
  • Exterior Features: Stucco
  • Structure Type: Multi Family
  • BusLineNearby: true
  • ViewFrom: Unit
  • BusRouteNumber: 11

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • ApplianceHookups: Cooking-Electric
  • PowerCompany: Seattle
  • SewerCompany: Seattle
  • WaterCompany: Seattle
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Community Features: Outside Entry
  • Park Manager Name: Self-managed
  • Senior Community: No
  • Association Fee: 100
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: See Remarks
  • CoOp: false
  • CommonPropertyFeatures: Outside Entry

Fee Information

  • Association Fee Includes: See Remarks
  • NWM_OtherDuesOrFeesYN: false

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 3905600010
  • Lot Size Acres: 0.0808
  • Lot Size Sq Ft: 3520
  • Additional Parcels Description: 3905600007
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: Realist

Green Features

  • Power Production Type: Electric

Rental Info

  • RentalCap: No Rental Cap
  • ShortTermRentalYN: false

Tax Info

  • Year: 2024
  • Tax Annual Amount: 5521

Multi Family

  • Number Of Units In Community: 3
  • EnergySource: Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2025
Closed on
May 28, 2025
Sold by
Bertulis Alexander A and Summit Npc
Bought by
Watson Jacob Alexander
Seller's Agent
Richard Kim
Lumin Brokers of Washington
Buyer's Agent
Ryan Cutler
Windermere Real Estate Midtown
List Price
$529,000
Sold Price
$485,000
Premium/Discount to List
-$44,000
-8.32%
Views
83
Current Estimated Value
$541,823

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,823
Avg. Annual Appreciation
28.63%
Original Mortgage
$488,000
Outstanding Balance
$485,908
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
$55,915
Source: Public Records

Range of Values:

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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
Watson Jacob Alexander $485,000 Cw Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Watson Jacob Alexander $488,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2025 05/29/25 Sold $485,000 -8.3% $559 / Sq Ft
04/30/2025 04/30/25 Pending -- -- --
03/27/2025 03/27/25 For Sale $529,000 -- $609 / 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 $4,748 $501,000 $342,600 $158,400
2023 $4,338 $570,000 $342,600 $227,400
2022 $4,735 $519,000 $255,500 $263,500
2021 $4,523 $523,000 $255,500 $267,500
2020 $4,773 $474,000 $255,500 $218,500
2018 $4,362 $462,000 $191,600 $270,400
2017 $3,715 $447,000 $168,400 $278,600
2016 $3,281 $393,000 $151,000 $242,000
2015 $2,814 $338,000 $151,000 $187,000
2014 -- $296,000 $151,000 $145,000
2013 -- $260,000 $151,000 $109,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2351796

Northwest Multiple Listing Service (NWMLS)

APN: 390560-0010