Listed by Lake & Company, Bought with Aris360
$1,200,000
SOLD JAN 13, 2025

2016 Franklin Ave E Unit C Seattle, WA 98102

Eastlake Neighborhood
3 Beds
2.5 Baths
1,512 Sq Ft
850 Sq Ft Lot

Recently Sold

$794 Per Sq Ft

9% Below List Price

90 Days on Market

Highlights

  • New Construction
  • Rooftop Deck
  • Property is near public transit
  • Montlake Elementary School Rated A
  • Mountain View
  • 4-minute walk to I-5 Bike Park

About This Home

As of January 2025

Innovative architecture & superior craftsmanship built by premier builders,Confluence Development sited in the sought after Eastlake neighborhood. Enjoy multiple FP's ranging from 1,512sqft to 1,828sqft & offering up to 3bdrms w/flex space, wide oak floors, custom wood wrap interior windows,solid wood accents surround & build-ins,floating stairs,state of the art appliances,elevator options avail for upgrade. Rare creative reverse FP that provides an incredible penthouse vibe, be amazed w/the valuated ceilings,wall of windows captivating year round jaw-dropping cityscape & lake union views. Don't miss the "NanaWall" the movable glass wall that opens up onto a covered sun deck. Near upscale cafes & restaurants & easy access to SLU & downtown.

Last Agent to Sell the Property

Melissa McMurray

Lake & Company License #98163 Listed on: 08/29/2024

Lake & Company

Last Buyer's Agent

Scott Dixon

Aris360 License #22032241

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2282994

Northwest Multiple Listing Service (NWMLS)

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $11,058

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 850 Sq Ft Lot
  • West Facing Home
  • Partially Fenced Property
  • Garden
  • Property is in very good condition

Parking

  • Off-Street Parking

Property Views

  • Mountain
  • Territorial

Home Design

  • Modern Architecture
  • Flat Roof Shape
  • Poured Concrete
  • Built-Up Roof

Interior Spaces

  • 1,512 Sq Ft Home
  • Multi-Level Property
  • Vaulted Ceiling
  • Skylights
  • Dining Room

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Engineered Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Bathroom on Main Level

Home Security

Utilities

  • High Efficiency Air Conditioning
  • Ductless Heating Or Cooling System
  • High Efficiency Heating System
  • Heating System Mounted To A Wall or Window
  • High Speed Internet

Additional Features

  • Rooftop Deck
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 2016C

Community Details

Overview

  • No Home Owners Association
  • Built by Confluence Development
  • Eastlake Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Security

  • Storm Windows

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$11,058

Year Built

Built in 2024 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 32 - Townhouse
  • Year Built: 2024
  • Buyer Agency Compensation: 2.5
  • Inclusions: Dishwasher(s),Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s)
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Modern
  • Unit Levels: Multi/Split
  • New Construction: Yes
  • CalculatedSquareFootage: 1512
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • EstimatedCompletionDate: 2024-08-31
  • NewConstruction: Completed
  • Special Features: 4098
  • Cumulative Days on Market: 197

Interior Features

  • Basement: None
  • Appliances: Dishwasher(s), Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s)
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Lower
  • Fireplace: No
  • Flooring: Ceramic Tile, Engineered Hardwood
  • Interior Amenities: Bath Off Primary, Ceramic Tile, Double Pane/Storm Window, Dining Room, Skylight(s), Vaulted Ceiling(s), Walk-In Closet(s)
  • Living Area: 1512
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Bathrooms: 2.5
  • BathsFullMain: 1
  • SquareFootageFinished: 1512
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 1
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 1
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 2
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher(s),Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s)

Exterior Features

  • Roof: Built-Up, Flat
  • View: Mountain(s), Territorial
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Builder Name: Confluence Development
  • Direction Faces: West
  • Exterior Features: Cement/Concrete
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Townhouse
  • BusLineNearby: true

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Open Parking: No
  • Parking Features: Off Street

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Cooling: 90%+ High Efficiency, Ductless HP-Mini Split
  • Cooling Y N: Yes
  • Heating: 90%+ High Efficiency, Ductless HP-Mini Split, Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: Seattle City Light
  • SewerCompany: Seattle Public Utilites
  • WaterCompany: Seattle Public Utilites

Condo/Co-op/Association

  • Community Features: CCRs
  • Senior Community: No
  • Association: No
  • Common Interest: Residential

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 2016CTBD
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.0195
  • Lot Size Sq Ft: 850
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Electric Car Charging,Fenced-Partially,High Speed Internet,Rooftop Deck
  • MLSLotSizeSource: Short Plat
  • MLSSquareFootageSource: Short Plat
  • ZoningJurisdiction: City

Green Features

  • Green Building Verification Type: Other
  • Power Production Type: Electric

Tax Info

  • Year: 2024

Multi Family

  • EnergySource: Electric
  • EnvironmentalCertification: Other-See Remarks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2024
Closed on
Jan 9, 2025
Sold by
Hettiaratchi Harsha
Bought by
Hettiaratchi Rajive Hyasley
Seller's Agent
Melissa McMurray
Lake & Company
Buyer's Agent
Scott Dixon
Aris360
List Price
$1,325,000
Sold Price
$1,200,000
Premium/Discount to List
-$125,000
-9.43%
Total Days on Market
90
Views
24
Current Estimated Value
$1,213,556

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,556
Avg. Annual Appreciation
3.00%
Original Mortgage
$960,000
Outstanding Balance
$956,761
Interest Rate
5.38%
Mortgage Type
New Conventional
Estimated Equity
$256,795

Purchase Details

Listed on
Aug 29, 2024
Closed on
Jan 2, 2025
Sold by
2012 Franklin Ave E Llc
Bought by
Hettiaratchi Rajive Hyasley
Seller's Agent
Melissa McMurray
Lake & Company
Buyer's Agent
Scott Dixon
Aris360
List Price
$1,325,000
Sold Price
$1,200,000
Premium/Discount to List
-$125,000
-9.43%
Views
24

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Outstanding Balance
$956,761
Interest Rate
5.38%
Mortgage Type
New Conventional
Estimated Equity
$256,795

Purchase Details

Closed on
Mar 17, 2022
Sold by
Brazeau and David
Bought by
2012 Franklin Ave E Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,537,500
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2006
Sold by
Torrance Kirby and Torrance Christine
Bought by
2022 Franklin Avenue Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
6.25%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 28, 2006
Sold by
Brazeau David and Brazeau Leslie
Bought by
Torrance Kirby and Torrance Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
6.25%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 29, 2003
Sold by
Torrance Christine and Torrance Kirby
Bought by
Brazeau David and Brazeau Leslie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$511,125
Interest Rate
5.97%

Purchase Details

Closed on
Oct 8, 1986
Sold by
Anderson Anderson R and Anderson Lynn
Bought by
Torrance Kirby and Torrance Christine
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
Quit Claim Deed $313 Chicago Title
Warranty Deed $1,200,000 Chicago Title
Warranty Deed $2,050,000 None Listed On Document
Warranty Deed $1,000,000 Fidelity Natio
Quit Claim Deed $25,000 None Available
Warranty Deed $681,500 Chicago Title
Warranty Deed $192,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $960,000 New Conventional
Previous Owner $1,537,500 New Conventional
Previous Owner $448,000 New Conventional
Previous Owner $452,000 New Conventional
Previous Owner $470,000 New Conventional
Previous Owner $800,000 Construction
Previous Owner $511,125 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2025 01/13/25 Sold $1,200,000 -3.9% $794 / Sq Ft
11/27/2024 11/27/24 Pending -- -- --
11/07/2024 11/07/24 Price Changed $1,249,000 -3.2% $826 / Sq Ft
10/03/2024 10/03/24 Price Changed $1,290,000 -2.6% $853 / Sq Ft
08/29/2024 08/29/24 For Sale $1,325,000 -- $876 / 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 $11,058 $1,175,000 $542,000 $633,000
2023 $5,053 $434,300 $433,300 $1,000
2022 $15,351 $1,934,000 $1,692,000 $242,000
2021 $15,115 $1,665,000 $1,457,000 $208,000
2020 $15,407 $1,557,000 $1,366,000 $191,000
2018 $13,699 $1,604,000 $1,404,000 $200,000
2017 $12,320 $1,381,000 $1,214,000 $167,000
2016 $9,689 $1,284,000 $1,128,000 $156,000
2015 $7,949 $979,000 $650,000 $329,000
2014 -- $818,000 $520,000 $298,000
2013 -- $766,000 $491,000 $275,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2282994

Northwest Multiple Listing Service (NWMLS)

APN: 290220-0070