NOT LISTED FOR SALE

2346 Franklin Ave E Unit A Seattle, WA 98102

Eastlake Neighborhood

Estimated Value: $948,726 - $1,020,000

3 Beds
2 Baths
1,430 Sq Ft
$686/Sq Ft Est. Value

Last Sold January 02, 2024

Last sale price $1,000,000 $699 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $5,951/month

48 Days on Market

Highlights

  • New Construction
  • Rooftop Deck
  • Property is near public transit
  • Montlake Elementary School Rated A
  • Lake View
  • 2-minute walk to Rogers Playground

About This Home

As of January 2024

Located in Seattle’s Eastlake neighborhood, Greenway introduces 6 beautifully crafted new construction townhomes. Within minutes of established shops, restaurants, and favorite local destinations, these luxury townhomes offer superior construction quality, precision workmanship, and sophisticated design. Beautiful hardwood floors, open concept kitchen with top-of-line appliances. Primary suite with walk-in closet, a spa-like en suite. Topping the amenities is a private rooftop deck with territorial and city views of the Space Needle, Queen Anne, and Wallingford neighborhood. Grounds include manicured landscaping and side area. Ample street parking. This unit comes with a parking spot.

Last Agent to Sell the Property

Teo Okamura

John L. Scott, Inc. License #116964 Listed on: 10/12/2023

John L. Scott, Inc.

Last Buyer's Agent

Brock Strickland

The Preview Group License #95507

The Preview Group

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2171365

Northwest Multiple Listing Service (NWMLS)

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $8,961

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 1,101 Sq Ft Lot
  • South Facing Home
  • Garden
  • Property is in good condition

Parking

  • Driveway

Property Views

  • Lake
  • City
  • Mountain
  • Territorial

Home Design

  • Modern Architecture
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 1,430 Sq Ft Home
  • Multi-Level Property
  • Dining Room
  • Wood Flooring

Kitchen

  • Walk-In Pantry
  • Oven or Range
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Home Security

Schools

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

Utilities

  • Ductless Heating Or Cooling System
  • Water Heater
  • Cable TV Available

Additional Features

  • Rooftop Deck
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 2902200821

Community Details

Overview

  • No Home Owners Association
  • Built by Greenway Homes LLC
  • Eastlake Subdivision

Security

  • Storm Windows

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8,961

Year Built

Built in 2023 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 32 - Townhouse
  • Year Built: 2023
  • Inclusions: Dishwasher,GarbageDisposal,Microwave,Refrigerator,StoveRange
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Modern
  • Unit Levels: Multi/Split
  • New Construction: Yes
  • CalculatedSquareFootage: 1430
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • EstimatedCompletionDate: 2023-09-15
  • NewConstruction: Completed
  • Special Features: NewHome
  • Cumulative Days on Market: 574

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Stove/Range
  • Full Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Lower
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: Hardwood, Bath Off Primary, Double Pane/Storm Window, Dining Room, Walk-In Pantry, Water Heater
  • Living Area: 1430
  • Bathrooms: 2
  • BathsFullMain: 0
  • SquareFootageFinished: 1430
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 2
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 3
  • AppliancesIncluded: Dishwasher,Garbage Disposal,Microwave,Refrigerator,Stove/Range
  • NWM_NumberOfBathtubs: 2
  • NWM_NumberOfShowers: 2

Exterior Features

  • Roof: Composition
  • View: City, Lake, Mountain(s), Territorial
  • Lot Features: Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Builder Name: Greenway Homes LLC
  • Direction Faces: South
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Townhouse
  • BusLineNearby: true

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Open Parking: No
  • Parking Features: Driveway

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: Ductless HP-Mini Split
  • Cooling Y N: Yes
  • Heating: Ductless HP-Mini Split
  • Heating Yn: Yes
  • PowerCompany: SCL
  • SewerCompany: SPU
  • WaterCompany: SPU
  • WaterHeaterLocation: Downstairs
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Parcel Number: 2902200821
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.0253
  • Lot Size Sq Ft: 1101
  • Zoning Description: LR2
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Rooftop Deck
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2023

Multi Family

  • EnergySource: Electric

MLS Schools

  • Elementary School: Montlake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2023
Closed on
Dec 28, 2023
Sold by
Green Way Homes Llc
Bought by
Strickland Spencer and Auchynnikava Elizaveta
Seller's Agent
Teo Okamura
John L. Scott, Inc.
Buyer's Agent
Brock Strickland
The Preview Group
List Price
$1,089,000
Sold Price
$1,000,000
Premium/Discount to List
-$89,000
-8.17%
Total Days on Market
48
Views
14
Current Estimated Value
$980,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,318
Avg. Annual Appreciation
-1.35%
Original Mortgage
$950,000
Outstanding Balance
$935,307
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$45,375

Purchase Details

Closed on
Aug 30, 2022
Sold by
Franklin 2344 Llc
Bought by
Green Way Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,487,500
Interest Rate
5.54%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 24, 2013
Sold by
2344 2345 Franklin Twins Llc
Bought by
Franklin 2344 Llc

Purchase Details

Closed on
Apr 9, 2008
Sold by
Hamby Michael E and Hamby Diana L
Bought by
2344-2345 Franklin Twins Llc

Purchase Details

Closed on
Aug 14, 2007
Sold by
Fuda Cynthia and Mead Stephan J
Bought by
Hamby Michael E and Hamby Diana L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$740,000
Interest Rate
6.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 30, 2005
Sold by
Mead Stephan J
Bought by
Fuda Cynthia

Purchase Details

Closed on
Jun 3, 2005
Sold by
Sullivan Nancy J and Mead Nancy Sullivan
Bought by
Mead Stephan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,750
Interest Rate
5.74%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 10, 1998
Sold by
Mead George A and Mead Cathleen H
Bought by
Mead Stephan J and Mead Nancy Sullivan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,500
Interest Rate
9.99%

Purchase Details

Closed on
Sep 20, 1995
Sold by
Mead George A and Mead Cathleen H
Bought by
Mead Stephan J and Mead Nancy Sullivan
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 Buyer Sale Price Title Company
Strickland Spencer $1,000,000 None Listed On Document
Green Way Homes Llc $1,825,000 Chicago Title
Franklin 2344 Llc -- None Available
2344-2345 Franklin Twins Llc -- Old Republic T
Hamby Michael E $925,000 Old Republic T
Fuda Cynthia $364,000 Chicago Title Insurance Co
Mead Stephan J -- --
Mead Stephan J -- Fidelity National Title
Mead Stephan J $270,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Strickland Spencer $950,000
Previous Owner Green Way Homes Llc $4,487,500
Previous Owner Hamby Michael E $740,000
Previous Owner Fuda Cynthia $615,000
Previous Owner Mead Stephan J $63,750
Previous Owner Mead Stephan J $528,000
Previous Owner Mead Stephan J $307,500
Closed Mead Stephan J --
Closed Legacy Group Capital Llc $0
Closed Green Way Homes Llc $625,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/02/2024 01/02/24 Sold $1,000,000 0.0% $699 / Sq Ft
11/29/2023 11/29/23 Pending -- -- --
11/17/2023 11/17/23 Off Market $1,000,000 -- --
10/12/2023 10/12/23 For Sale $1,089,000 -- $762 / 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 $8,961 $947,000 $656,000 $291,000
2023 $8,360 $896,000 $625,000 $271,000
2022 $10,716 $1,324,000 $1,323,000 $1,000
2021 $10,571 $1,140,000 $1,139,000 $1,000
2020 $10,728 $1,069,000 $1,068,000 $1,000
2018 $9,577 $1,098,000 $1,097,000 $1,000
2017 $12,079 $950,000 $949,000 $1,000
2016 $8,959 $883,000 $882,000 $1,000
2015 $7,337 $902,000 $487,000 $415,000
2014 -- $752,000 $390,000 $362,000
2013 -- $706,000 $368,000 $338,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2171365

Northwest Multiple Listing Service (NWMLS)

APN: 290220-0821