Listed by COMPASS, Bought with Windermere Real Estate Co.
$1,350,000
SOLD JUN 24, 2025
2 Beds
2.5 Baths
1,800 Sq Ft
$2,181/mo HOA Fee

Recently Sold

$750 Per Sq Ft

20% Below List Price

78 Days on Market

Highlights

  • Views of a Sound
  • Gated Community
  • Contemporary Architecture
  • Garfield High School Rated A
  • 1.1 Acre Lot
  • 1-minute walk to Victor Steinbrueck Park

About This Home

As of June 2025

Rare opportunity to reside at the Penthouse in Market Place North. First time available in over 30 years. Spanning 3 levels, 2 decks and taking in some of the most iconic Seattle views: Mt Rainer, Pike Place Market, The Wheel, Elliot Bay and the Olympic Mts. The unit features 2bedrooms, Living/ Dining rooms, Loft, and Den. Bring your vision and make this unit shine, recently updated with all new interior paint, carpet, and updated HVAC systems. Step out in front of the building and immerse yourself to the vibrant City of Seattle and the waterfront.

Last Agent to Sell the Property

Ryan Rockwell

COMPASS License #12962 Listed on: 03/03/2025

COMPASS

Last Buyer's Agent

Shannon Gardner

Windermere Real Estate Co. License #106609

Windermere Real Estate Co.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2338134

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,182

Year Built

  • Built in 1982

HOA Fees

  • $2,181 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Common or Shared Parking

Property Views

  • Views of a Sound
  • Bay
  • City
  • Mountain
  • Territorial

Home Design

  • Contemporary Architecture
  • Flat Roof Shape

Interior Spaces

  • 1,800 Sq Ft Home
  • Wood Burning Fireplace
  • Carpet

Kitchen

  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Home Security

Utilities

  • Forced Air Heating System
  • Heating System Mounted To A Wall or Window
  • Cable TV Available

Additional Features

  • West Facing Home
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 5160650860

Community Details

Overview

  • Association fees include cable TV, central hot water, common area maintenance, concierge, earthquake insurance, sewer, trash, water
  • 52 Units
  • Cdw Group Association
  • Secondary HOA Phone (206) 706-8000
  • Market Place North Condos
  • Downtown Subdivision
  • Park Phone (206) 706-8000 | Manager CWD
  • 10-Story Property

Amenities

  • Elevator
  • Lobby

Pet Policy

  • Dogs and Cats Allowed

Security

  • Gated Community
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,182

Year Built

Built in 1982

Lot Details

0

HOA Fees

$2,181 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 34 - Condo (3 Levels)
  • Year Built: 1982
  • Inclusions: Dishwasher(s),Dryer(s),Refrigerator(s),Washer(s)
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Contemporary
  • Building Name: Market Place North
  • Unit Levels: Three Or More
  • New Construction: No
  • CalculatedSquareFootage: 1800
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 0
  • RemodeledUpdated: false
  • Special Features: None
  • Cumulative Days on Market: 102

Interior Features

  • Fireplaces: 1
  • Appliances: Dishwasher(s), Dryer(s), Refrigerator(s), Washer(s)
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Lower
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet
  • Interior Amenities: Cooking-Electric, Fireplace
  • Main Level Bathrooms: 1
  • Stories: 10
  • Bathrooms: 2.25
  • BathsFullMain: 0
  • FireplacesMain: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 1
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 1
  • BedroomsLower: 0
  • BedroomsUpper: 2
  • FloorNumberOfUnit: 20
  • AppliancesIncluded: Dishwasher(s),Dryer(s),Refrigerator(s),Washer(s)
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 2

Exterior Features

  • Roof: Flat
  • View: Bay, City, Mountain(s), Sound, Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Construction Type: Concrete
  • Direction Faces: West
  • Exterior Features: Cement/Concrete
  • Structure Type: Multi Family
  • BusLineNearby: true
  • ConstructionMethods: Steel & Concrete
  • ViewFrom: Rooftop Deck,Unit

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Common Garage
  • Total Parking Spaces: 2
  • ParkingSpaceNumbers: 48 & T7

Utilities

  • Security: Security Gate
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Wall Unit(s)
  • Heating Yn: Yes
  • ApplianceHookups: Cooking-Electric

Condo/Co-op/Association

  • Community Features: Cable TV, Elevator, Fire Sprinklers, Gated, Lobby Entrance
  • Park Manager Name: CWD
  • Park Manager Phone: 206-706-8000
  • Senior Community: No
  • Association Fee: 2181
  • Association Fee Frequency: Monthly
  • Phone: 206-706-8000
  • Association: Yes
  • Pets Allowed: Cats OK, Dogs OK, Subject to Restrictions
  • AssociationContactName: CDW Group
  • CoOp: false
  • CommonPropertyFeatures: Cable TV,Elevator,Fire Sprinklers,Gated Entry,Lobby Entrance,Security Gate

Fee Information

  • Association Fee Includes: Cable TV, Central Hot Water, Common Area Maintenance, Concierge, Earthquake Insurance, Sewer, Trash, Water

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 5160650860
  • Lot Size Acres: 1.0979
  • Lot Size Sq Ft: 47826
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist

Green Features

  • Power Production Type: Electric

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2024
  • Tax Annual Amount: 13182

Multi Family

  • Number Of Units In Community: 52
  • EnergySource: Electric
  • UnitsInBuildingTotal: 91

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2025
Closed on
Jun 23, 2025
Sold by
Marital Trust Established Under The Will and Gerberding Ruth Alice
Bought by
Read Andrew Logan and Read Kerilyn
Seller's Agent
Ryan Rockwell
COMPASS
Buyer's Agent
Shannon Gardner
Windermere Real Estate Co.
List Price
$1,695,000
Sold Price
$1,350,000
Premium/Discount to List
-$345,000
-20.35%
Views
66

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
43.90%
Original Mortgage
$1,012,500
Outstanding Balance
$1,012,500
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$413,249

Purchase Details

Closed on
Jun 29, 2015
Sold by
Gerberding Ruth Alice
Bought by
Gerberding Ruth Alice and Will Of William Passavant Gerberding

Purchase Details

Closed on
Jun 18, 1993
Sold by
Bevis Benjamin W
Bought by
Gerberding William P and Gerberding Ruth A

Purchase Details

Closed on
Aug 1, 1985
Sold by
Preston Ridge Financial Servic
Bought by
Washington Mutual Sav Bk

Purchase Details

Closed on
Mar 4, 1982
Sold by
Mpn Housing
Bought by
Preston Ridge Financial Servic
Source: Public Records

Similar Homes in Seattle, WA

  • 2000 1st Ave Unit 804W, Seattle, WA 98121

    $1,095,000

    • 2 Beds
    • 2 Baths
    • 1,523 Sq Ft
    • 2000 1st Ave
    • Unit 804W
    • Seattle, WA

    Timeless elegance & protected views overlooking Elliott Bay, the Pike Place Market, the Overlook Walk & the ferries from this large 2 br/ 2 ba at One Pacific Tower. Nearly 1,600 SF, impeccably renovated by the design team at Olson Kundig. Updates include custom cabinetry throughout, 2nd bedroom w/ Murphy bed & pull-down desk, doubling as an incredibly luxurious media room w/ built-in, surround

    Moira Holley Realogics Sotheby's Int'l Rlty

    Section Image
  • 2125 1st Ave Unit 2101, Seattle, WA 98121

    $999,000

    • 2 Beds
    • 2 Baths
    • 1,233 Sq Ft
    • 2125 1st Ave
    • Unit 2101
    • Seattle, WA

    This spectacular corner unit at Continental Place serves up one of the most breathtaking views in the city—Puget Sound, Olympic Mountains, the Space Needle, and Seattle’s sparkling skyline, all from the comfort of your living room. Freshly painted with an updated kitchen and new carpet, it’s move-in ready with floor-to-ceiling windows and generous living spaces that that make the most of the

    Joyce Juntunen Ensemble

    Section Image
  • 80 Vine St Unit A703, Seattle, WA 98121

    $1,065,000

    • 1 Bed
    • 1.5 Baths
    • 1,129 Sq Ft
    • 80 Vine St
    • Unit A703
    • Seattle, WA

    Live in a work of art. Designed by local architects Weinstein A+U and winner of multiple AIA design awards, the steel & concrete Banner Building offers a unique combination of stylish industrial modernity and exclusive luxury. Rise above the city and take in views of Elliot Bay and the waterfront as you enjoy this two-level penthouse condo. This loft-style home features soaring ceilings, natural

    Donald Kenney Windermere Real Estate Co.

    Section Image
  • 2627 Warren Ave N Unit 200, Seattle, WA 98109

    $1,050,000

    • 3 Beds
    • 2 Baths
    • 1,932 Sq Ft
    • 2627 Warren Ave N
    • Unit 200
    • Seattle, WA

    Wake up to breathtaking sunrises & take in spectacular views of Cascades, Lake Union, & Fremont Bridge all from your living room & expansive private outdoor patio. This light-filled, spacious single-level home features hardwood floors, fresh paint, & a chef's kitchen highlighted with generous countertop space & a breakfast bar. The master suite is your personal retreat, complete w/ cozy

    Kevin Lam COMPASS

    Section Image
  • 8042 19th Ave NW, Seattle, WA 98117

    $1,125,000

    • 3 Beds
    • 2.5 Baths
    • 1,920 Sq Ft
    • 8042 19th Ave NW
    • Seattle, WA

    Beyond Charming! Beautiful Spacious & Bright 1-story + LL living. To Stud permitted remodel includes all new systems, wiring, roof, plumbing, NEW sewer liner. Attached garage + driveway parking accessed via alley. Main floor feat. primary w/en-suite 3/4 bath, 2nd bedroom, powder room, dining area. Expansive kitchen featuring beautiful cabinetry, tiled backsplash, quartz countertops, stainless

    Anna Gabriadze The Preview Group

    Section Image
  • 13542 39th Ave NE Unit A, Seattle, WA 98125

    $1,099,950

    • 4 Beds
    • 3 Baths
    • 2,290 Sq Ft
    • 13542 39th Ave NE
    • Unit A
    • Seattle, WA

    Live the Cedar Park Lifestyle in this stunning new construction home offering a warm blend of modern elegance and lake views. This 4 bedroom 3.25 bath home exudes warmth and sophistication. The designer curated interior boasts high end Fisher Paykel appliances, quartz counters and a spacious island with upgraded finish package. Spacious primary suite with "spa like" bath. Outdoors, the decks and

    Mike Peters RE/MAX Northwest

    Section Image
  • 2021 1st Ave Unit G4, Seattle, WA 98121

    $1,135,000

    • 2 Beds
    • 2 Baths
    • 1,265 Sq Ft
    • 2021 1st Ave
    • Unit G4
    • Seattle, WA

    Modern luxury meets iconic Seattle views at Market Place North. This fully renovated, two-level residence offers sleek sophistication and thoughtful design throughout. Walls of windows frame unobstructed vistas of Elliott Bay, filling the open-concept living space with natural light. The dramatic great room features soaring ceilings and a showpiece kitchen with high-gloss cabinetry and slab

    Erica Clibborn Windermere Real Estate Midtown

    Section Image
  • 121 Stewart St Unit 2807, Seattle, WA 98101

    $1,339,000

    • 2 Beds
    • 2 Baths
    • 1,059 Sq Ft
    • 121 Stewart St
    • Unit 2807
    • Seattle, WA

    Welcome to this stunning NW corner home in The Emerald! First resale of desirable, first to sell-out plan, this 28th floor home provides unobstructed protected views of the Sound, Olympics, and Space Needle. Beautiful oak hardwood floors throughout, custom wood cabinetry, and floor to ceiling windows to take in those iconic PNW sunsets. Well designed floor plan provides two large bedrooms, corner

    Kayla Preston Every Door Real Estate

    Section Image
  • 121 Stewart St Unit 2506, Seattle, WA 98101

    $1,070,000

    • 1 Bed
    • 1 Bath
    • 770 Sq Ft
    • 121 Stewart St
    • Unit 2506
    • Seattle, WA

    Breathtaking panoramic views! Spacious West facing 1 bed at The Emerald. Enjoy the high ceilings flooded the unit with natural lights. Floor to ceiling windows overlooking Pike Place Market and The Sound. Residence include custom kitchen cabinetry, hardwood floors, full-size W/D, custom built in closet, Latch keyless entry. Luxury amenities include 24-7 concierge, fitness center, yoga studio, pet

    Juan He Sea to Sky Realty

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $1,350,000 Fidelity National Title
Warranty Deed -- None Available
Warranty Deed $517,500 --
Quit Claim Deed -- --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,012,500 New Conventional
Previous Owner $191,600 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2025 06/24/25 Sold $1,350,000 -14.3% $750 / Sq Ft
05/20/2025 05/20/25 Pending -- -- --
04/22/2025 04/22/25 Price Changed $1,575,000 -4.5% $875 / Sq Ft
04/07/2025 04/07/25 Price Changed $1,649,000 -2.7% $916 / Sq Ft
03/03/2025 03/03/25 For Sale $1,695,000 -- $942 / 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 $12,006 $1,292,000 $278,300 $1,013,700
2023 $13,182 $1,443,000 $278,300 $1,164,700
2022 $12,070 $1,365,000 $241,300 $1,123,700
2021 $11,674 $1,355,000 $241,300 $1,113,700
2020 $12,544 $1,243,000 $241,300 $1,001,700
2018 $13,859 $1,289,000 $167,500 $1,121,500
2017 $13,474 $1,441,000 $150,500 $1,290,500
2016 $10,674 $1,449,000 $127,700 $1,321,300
2015 -- $1,118,000 $110,700 $1,007,300
2014 -- $1,335,000 $105,000 $1,230,000
2013 -- $956,000 $99,300 $856,700
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2338134

Northwest Multiple Listing Service (NWMLS)

APN: 516065-0860