Listed by MLS4owners.com, Bought with Real Estate Collection
NOT LISTED FOR SALE

Estimated Value: $274,000 - $293,000

Studio
1 Bath
362 Sq Ft
$452/mo HOA Fee

Last Sold October 11, 2023

Last sale price $295,000 $815 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $2,121/month

6 Days on Market

About This Home

As of October 2023

Rare Airbnb-friendly building in prime downtown location. No restrictions, fees, minimum night stays for short-term rentals. Turnkey, short term rental cash flow. Massive peak revenue months (July, August) just around the corner to help offset costs. Sells with everything inside the unit: furniture, bedding, TV, portable air conditioning unit, etc. HOA Dues include unlimited electricity, water, gas to keep fixed costs low, stable, and predictable for Airbnb guests. Great HOA board leadership that is long-term oriented, pro-Airbnb and pro-business. Third floor unit with beautiful view of trees and very high ceilings for an elegant feel

Last Agent to Sell the Property

Chris Nye

MLS4owners.com License #13886 Listed on: 06/02/2023

Last Buyer's Agent

Yimeng Zhang

Real Estate Collection License #21037891

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2076176

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,260

Year Built

  • Built in 1922

Lot Details

  • 7,579

HOA Fees

  • $452 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 1 Full Bathroom
  • 362 Sq Ft Home
  • 3-Story Property

Kitchen

  • Gas Oven or Range
  • Stove
  • Microwave

Listing and Financial Details

Community Details

Overview

  • Association fees include central hot water, common area maintenance, gas, sewer, water
  • 32 Units
  • Brandy Markland Association
  • Secondary HOA Phone (425) 455-0900
  • Fifth Avenue Court Condos
  • Downtown Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,260

Year Built

Built in 1922

Lot Details

0

HOA Fees

$452 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 1922
  • Inclusions: Microwave,Refrigerator,SeeRemarks,StoveRange
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Fifth Avenue Court
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 362
  • SeniorExemption: false
  • DwellingType: Attached
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2076176?w=Consumer&agent=16005
  • Special Features: None

Interior Features

  • Appliances: Microwave, Refrigerator, See Remarks, Stove/Range
  • Full Bathrooms: 1
  • Fireplace: No
  • Interior Amenities: Cooking-Gas
  • Stories: 3
  • BathsFullMain: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Microwave,Refrigerator,See Remarks,Stove/Range

Exterior Features

  • Roof: Flat
  • View: No
  • Waterfront: No
  • Exterior Features: Brick
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Parking Features: Off Street

Utilities

  • Cooling: Other – See Remarks
  • Cooling Y N: Yes
  • Heating: Other – See Remarks
  • Heating Yn: Yes
  • ApplianceHookups: Cooking-Gas

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 452
  • Association Fee Frequency: Monthly
  • Phone: 425-455-0900
  • Association: Yes
  • Pets Allowed: Yes
  • AssociationContactName: Brandy Markland
  • CoOp: false

Fee Information

  • Association Fee Includes: Central Hot Water, Common Area Maintenance, Gas, Sewer, Water

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 2538870250
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true

Green Features

  • Power Production Type: Electric

Rental Info

  • RentalCap: No Rental Cap
  • ShortTermRentalYN: true

Tax Info

  • Year: 2022
  • Tax Annual Amount: 2260

Multi Family

  • Number Of Units In Community: 32
  • EnergySource: Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2015
Closed on
Oct 15, 2015
Sold by
Liu David W
Bought by
Liu David Win
Seller's Agent
Mary Welk
Windermere Real Estate Midtown
List Price
$219,750
Sold Price
$203,600
Premium/Discount to List
-$16,150
-7.35%
Current Estimated Value
$282,057

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,457
Avg. Annual Appreciation
3.18%
Original Mortgage
$101,800
Outstanding Balance
$80,014
Interest Rate
3.85%
Estimated Equity
$202,043

Purchase Details

Listed on
May 8, 2015
Closed on
Aug 10, 2015
Sold by
Schwartz Steven and Schwartz Pamela
Bought by
Liu David W
Seller's Agent
Mary Welk
Windermere Real Estate Midtown
List Price
$219,750
Sold Price
$203,600
Premium/Discount to List
-$16,150
-7.35%

Purchase Details

Closed on
Jan 2, 2008
Sold by
2132 5Th Avenne Mckelvey Llc
Bought by
Schwartz Steven J and Schwartz Pamela R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Liu David Win -- First American
Liu David W $203,600 Cw Title Co
Schwartz Steven J -- Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liu David Win $101,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/11/2023 10/11/23 Sold $295,000 0.0% $815 / Sq Ft
09/02/2023 09/02/23 Off Market $295,000 -- --
08/25/2023 08/25/23 Price Changed $299,000 -3.2% $826 / Sq Ft
06/21/2023 06/21/23 For Sale $308,999 0.0% $854 / Sq Ft
06/08/2023 06/08/23 Pending -- -- --
06/02/2023 06/02/23 For Sale $308,999 +51.8% $854 / Sq Ft
08/20/2015 08/20/15 Sold $203,600 -3.0% $562 / Sq Ft View Prior Sale
07/13/2015 07/13/15 Pending -- -- --
07/10/2015 07/10/15 Price Changed $210,000 -4.4% $580 / Sq Ft
06/20/2015 06/20/15 For Sale $219,750 0.0% $607 / Sq Ft
06/12/2015 06/12/15 Pending -- -- --
06/08/2015 06/08/15 Price Changed $219,750 -2.2% $607 / Sq Ft
05/22/2015 05/22/15 Price Changed $224,750 -2.1% $621 / Sq Ft
05/08/2015 05/08/15 For Sale $229,500 -- $634 / 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 $2,499 $265,000 $247,100 $17,900
2023 $2,183 $299,000 $247,100 $51,900
2022 $2,260 $262,000 $216,200 $45,800
2021 $2,536 $250,000 $216,200 $33,800
2020 $2,770 $267,000 $216,200 $50,800
2018 $2,373 $291,000 $190,500 $100,500
2017 $1,961 $244,000 $169,900 $74,100
2016 $1,572 $208,000 $149,300 $58,700
2015 $1,415 $162,000 $133,800 $28,200
2014 -- $149,000 $123,500 $25,500
2013 -- $113,000 $102,900 $10,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2076176

Northwest Multiple Listing Service (NWMLS)

APN: 253887-0250