Listed by Windermere RE/Capitol Hill,Inc, Bought with COMPASS
NOT LISTED FOR SALE

231 Belmont Ave E Unit 308 Seattle, WA 98102

Capitol Hill Neighborhood

Estimated Value: $535,000 - $572,000

2 Beds
2 Baths
840 Sq Ft
$603/mo HOA Fee

Last Sold November 30, 2022

Last sale price $540,000 $643 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,993/month

15 Days on Market

Highlights

  • Views of a Sound
  • Contemporary Architecture
  • Wood Flooring
  • Garfield High School Rated A
  • Property is near public transit
  • 2-minute walk to Thomas Street Mini Park

About This Home

As of November 2022

Expertly maintained home in the perfect Capitol Hill location with stellar Space Needle, sunset, and bay views, plus proximity to countless nearby amenities (97 Walk Score). The spacious main living space features a true dining area, wood-burning fireplace, in-suite laundry, and a private view balcony. Adjacently, two generously sized bedrooms offer expansive closets and two full bathrooms. The kitchen includes solid wood cabinets, granite countertops, and stainless-steel appliances. A centralized location provides easy access to the freeway, downtown, Eastside, and main public transportation hub (Cap Hill Light Rail Station is just 5 minutes away)! Add parking, storage, and a community deck with a BBQ, and you are all set for city living!

Last Agent to Sell the Property

Erin Porter Glenn

Windermere RE/Capitol Hill,Inc License #129868 Listed on: 10/06/2022

Windermere RE/Capitol Hill,Inc

Co-Listed By

Dustin Van Wyck

Windermere RE/Capitol Hill,Inc License #109148

Last Buyer's Agent

Kelvin Yuchen

COMPASS

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2004749

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,208

Year Built

  • Built in 1989

Lot Details

  • East Facing Home

HOA Fees

  • $603 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Common or Shared Parking

Property Views

  • Views of a Sound
  • City
  • Mountain
  • Territorial

Home Design

  • Contemporary Architecture
  • Flat Roof Shape
  • Bitumen Roof
  • Vinyl Construction Material

Interior Spaces

  • 840 Sq Ft Home
  • 4-Story Property
  • Wood Burning Fireplace
  • Insulated Windows

Kitchen

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

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Electric Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Patio

Location

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

Utilities

  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0704600280

Community Details

Overview

  • Association fees include common area maintenance, earthquake insurance, garbage, lawn service, sewer, water
  • 42 Units
  • Cwd Melanie Ondruska Association
  • Secondary HOA Phone (206) 706-8000
  • Belmont Lofts Condos
  • Capitol Hill Subdivision
  • Park Phone (206) 706-8000 | Manager CWD - Melanie Ondruska

Amenities

  • Elevator
  • Lobby

Pet Policy

  • Dogs and Cats Allowed

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,208

Year Built

Built in 1989

Lot Details

0

HOA Fees

$603 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 1989
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Microwave,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Contemporary
  • Building Name: Belmont Lofts
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 840
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 0
  • RemodeledUpdated: false
  • UnitFeatures: Balcony/Deck/Patio,Insulated Windows,Primary Bath,Walk-in Closet
  • Special Features: None

Interior Features

  • Fireplaces: 1
  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 2
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Hardwood, Carpet
  • Interior Amenities: Hardwood, Wall to Wall Carpet, Balcony/Deck/Patio, Cooking-Electric, Dryer-Electric, Ice Maker, Washer, Water Heater
  • Main Level Bedrooms: 2
  • Stories: 4
  • Bathrooms: 2
  • BathsFullMain: 2
  • FireplacesMain: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • FloorNumberOfUnit: 3
  • StorageNo: 34
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Microwave,Refrigerator,Stove/Range,Washer
  • StorageLocation: Garage

Exterior Features

  • Roof: Flat, Torch Down
  • View: City, Mountain(s), Sound, Territorial
  • Lot Features: Corner Lot, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Direction Faces: East
  • Exterior Features: Metal/Vinyl
  • Structure Type: Multi Family
  • BusLineNearby: true
  • ViewFrom: Unit

Garage/Parking

  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Common Garage
  • Total Parking Spaces: 1
  • ParkingSpaceNumbers: 44

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Heating Yn: Yes
  • Utilities: Electricity Available, Common Area Maintenance, Garbage
  • HeatingCoolingType: Wall
  • ApplianceHookups: Cooking-Electric,Dryer-Electric,Ice Maker,Washer
  • WaterHeaterLocation: Bedroom Closet
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Community Features: Cable TV, Elevator, Fire Sprinklers, Lobby Entrance, Outside Entry, See Remarks
  • Park Manager Name: CWD - Melanie Ondruska
  • Park Manager Phone: 206-706-8000
  • Senior Community: No
  • Association Fee: 603
  • Association Fee Frequency: Monthly
  • Phone: 206-706-8000
  • Association: Yes
  • Pets Allowed: Cats OK, Dogs OK, Subj to Restrictions
  • AssociationContactName: CWD - Melanie Ondruska
  • CoOp: false
  • CommonPropertyFeatures: Cable TV,Elevator,Fire Sprinklers,Lobby Entrance,Outside Entry,See Remarks

Fee Information

  • Association Fee Includes: Common Area Maintenance, Earthquake Insurance, Garbage, Lawn Service, Sewer, Water

Schools

  • Junior High Dist: Seattle
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 0704600280
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: King County
  • MLSSquareFootageSource: King County

Green Features

  • Efficiency: Insulated Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • RentalCap: No Rental Cap

Tax Info

  • Year: 2022
  • Tax Annual Amount: 5208

Multi Family

  • Number Of Units In Community: 42
  • EnergySource: Electric
  • UnitsInBuildingTotal: 42

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2022
Closed on
Nov 17, 2022
Sold by
Shepherd Greg and Shepherd Linda
Bought by
Sambajon Chad Benjamin Mac
Seller's Agent
Erin Porter Glenn
Windermere RE/Capitol Hill,Inc
Buyer's Agent
Kelvin Yuchen
COMPASS
List Price
$568,000
Sold Price
$540,000
Premium/Discount to List
-$28,000
-4.93%
Views
6
Current Estimated Value
$548,429

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,429
Avg. Annual Appreciation
0.00%
Original Mortgage
$500,000
Outstanding Balance
$487,457
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$52,605

Purchase Details

Listed on
Sep 14, 2017
Closed on
Oct 26, 2017
Sold by
Sohng Hee Yon and Carlsson Laurie
Bought by
Shepherd Greg and Shepherd Linda
Seller's Agent
Stephanie Hart
Unlock Seattle Real Estate LLC
Buyer's Agent
Lyrica Hart
Unlock Seattle Real Estate LLC
List Price
$600,000
Sold Price
$635,000
Premium/Discount to List
$35,000
5.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.14%
Original Mortgage
$424,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2014
Sold by
Sohng Janene
Bought by
Sohng Hee Yon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 15, 2008
Sold by
Belmont Seattle Llc
Bought by
Sohng Janene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Sambajon Chad Benjamin Mac $540,000 --
Shepherd Greg $635,000 Rainier Title
Sohng Hee Yon $257,571 Chicago Title
Sohng Janene $409,000 Pacific Nw Tit
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sambajon Chad Benjamin Mac $500,000
Previous Owner Shepherd Greg $424,000
Previous Owner Sohng Hee Yon $321,600
Previous Owner Sohng Hee Yon $265,000
Previous Owner Sohng Janene $256,789
Previous Owner Sohng Janene $259,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2022 11/30/22 Sold $540,000 -4.9% $643 / Sq Ft
10/21/2022 10/21/22 Pending -- -- --
10/06/2022 10/06/22 For Sale $568,000 -10.6% $676 / Sq Ft
11/01/2017 11/01/17 Sold $635,000 +5.8% $756 / Sq Ft
09/19/2017 09/19/17 Pending -- -- --
09/14/2017 09/14/17 For Sale $600,000 -- $714 / 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 $5,104 $545,000 $181,600 $363,400
2023 $5,256 $571,000 $181,600 $389,400
2022 $5,208 $544,000 $181,600 $362,400
2021 $5,521 $581,000 $181,600 $399,400
2020 $5,949 $585,000 $181,600 $403,400
2018 $4,467 $614,000 $156,600 $457,400
2017 $3,865 $461,000 $161,200 $299,800
2016 $3,523 $412,000 $56,700 $355,300
2015 $2,866 $366,000 $56,700 $309,300
2014 -- $304,000 $56,700 $247,300
2013 -- $257,000 $56,700 $200,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2004749

Northwest Multiple Listing Service (NWMLS)

APN: 070460-0280