NOT LISTED FOR SALE

2218 Franklin Ave E Unit B Seattle, WA 98102

Eastlake Neighborhood

Estimated Value: $957,654 - $1,005,000

3 Beds
2.5 Baths
1,330 Sq Ft
$737/Sq Ft Est. Value

Last Sold February 25, 2022

Last sale price $945,000 $711 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $6,385/month

180 Days on Market

Highlights

  • Property is near public transit
  • Vaulted Ceiling
  • Balcony
  • Montlake Elementary School Rated A
  • Community Garden
  • 5-minute walk to Rogers Playground

About This Home

As of February 2022

First time on the market since it was first sold in 2017! Contemporary home built by Berkshire Hathaway in the Eastlake Seattle. This home features 3 bedrooms, 2.5 baths along with a walk in closet in the master bath. Desirable Eastlake location minutes away from Downtown Seattle, South Lake Union, and the University District. Brand new carpets and new paint!

Last Listed By

Jonathan Lai

DCL Management, LLC License #119708 Listed on: 07/29/2021

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1815640

Northwest Multiple Listing Service (NWMLS)

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $8,248

Year Built

  • Built in 2017

Lot Details

  • 874 Sq Ft Lot
  • West Facing Home

HOA Fees

  • $185 Monthly HOA Fees

Home Design

  • Flat Roof Shape
  • Cement Board or Planked

Interior Spaces

  • 1,330 Sq Ft Home
  • Multi-Level Property
  • Vaulted Ceiling

Kitchen

  • Electric Oven or Range
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Uncovered Parking
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Patio

Location

  • Property is near public transit

Schools

  • Montlake Elementary School
  • Meany Mid Middle School
  • Garfield High School

Utilities

  • Heat Pump System
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2902200712

Community Details

Overview

  • Association fees include lawn service
  • Lake Pointe Cove Association
  • Secondary HOA Phone (360) 512-3820
  • Eastlake Subdivision

Amenities

  • Community Garden

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8,248

Year Built

Built in 2017

Lot Details

0

HOA Fees

$185 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 32 - Townhouse
  • Year Built: 2017
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Microwave,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: Multi/Split
  • New Construction: No
  • CalculatedSquareFootage: 1330
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 3
  • RemodeledUpdated: false
  • UnitFeatures: Balcony/Deck/Patio,Vaulted Ceilings,Walk-in Closet
  • Special Features: None
  • Cumulative Days on Market: 1,360

Interior Features

  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace: No
  • Interior Amenities: Heat Pump, Balcony/Deck/Patio, Cooking-Electric, Water Heater
  • Bathrooms: 2.25
  • BathsFullMain: 0
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 1
  • BathsHalfGarage: 0
  • BathsHalfLower: 1
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 1
  • BedroomsLower: 0
  • BedroomsUpper: 3
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Microwave,Refrigerator,Stove/Range,Washer

Exterior Features

  • Roof: Flat
  • View: No
  • Waterfront: No
  • Direction Faces: West
  • Exterior Features: Cement Planked
  • Structure Type: Townhouse
  • BusLineNearby: true

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Off Street, Uncovered
  • Total Parking Spaces: 1

Utilities

  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Electricity Available
  • HeatingCoolingType: Heat Pump
  • ApplianceHookups: Cooking-Electric
  • WaterHeaterLocation: Closet
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Community Features: Garden Space
  • Senior Community: No
  • Association Fee: 185
  • Association Fee Frequency: Monthly
  • Phone: 360-512-3820
  • Association: Yes
  • Pets Allowed: Yes
  • AssociationContactName: Lake Pointe Cove
  • CommonPropertyFeatures: Garden Space

Fee Information

  • Association Fee Includes: Lawn Service

Schools

  • Junior High Dist: Seattle
  • High School: Garfield High
  • Middle Or Junior School: Meany Mid

Lot Info

  • Parcel Number: 2902200712
  • Lot Size Acres: 0.0201
  • Lot Size Sq Ft: 874
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: King County Records
  • MLSSquareFootageSource: King County Records

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2021
  • Tax Annual Amount: 8248
  • AdditionalTaxIds: 290220-0712

Multi Family

  • EnergySource: Electric

MLS Schools

  • Elementary School: Montlake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2021
Closed on
Feb 18, 2022
Sold by
Sidney Kathleen L and Sidney Scott
Bought by
Sarbaugh Scott
Seller's Agent
Jonathan Lai
DCL Management, LLC
Buyer's Agent
Rene Villanueva
Coldwell Banker Bain
List Price
$998,000
Sold Price
$945,000
Premium/Discount to List
-$53,000
-5.31%
Total Days on Market
180
Current Estimated Value
$980,664

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,664
Avg. Annual Appreciation
1.12%
Original Mortgage
$708,750
Outstanding Balance
$666,813
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$313,035

Purchase Details

Closed on
Aug 2, 2017
Sold by
Berkshire Home Builders Llc
Bought by
Chao Wen Tzu

Range of Values:

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Average Value
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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
Sarbaugh Scott $313 Chicago Title
Hill Morgan $945,000 Chicago Title
Chao Wen Tzu $879,990 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hill Morgan $708,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2022 02/25/22 Sold $945,000 -2.4% $711 / Sq Ft
01/25/2022 01/25/22 Pending -- -- --
11/12/2021 11/12/21 Price Changed $968,000 -1.0% $728 / Sq Ft
08/31/2021 08/31/21 Price Changed $978,000 -2.0% $735 / Sq Ft
07/29/2021 07/29/21 For Sale $998,000 -- $750 / 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 $8,529 $900,000 $472,000 $428,000
2023 $7,794 $852,000 $450,000 $402,000
2022 $8,318 $931,000 $261,000 $670,000
2021 $8,248 $917,000 $225,000 $692,000
2020 $9,347 $863,000 $211,000 $652,000
2018 $7,392 $990,000 $218,000 $772,000
2017 $805 $755,000 $189,000 $566,000
2016 $0 $74,100 $74,100 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1815640

Northwest Multiple Listing Service (NWMLS)

APN: 290220-0712