NOT LISTED FOR SALE

2402 Alki Ave SW Unit 5 Seattle, WA 98116

Alki Neighborhood

Estimated Value: $768,000 - $864,000

2 Beds
2 Baths
1,054 Sq Ft
0.33 Acres

Last Sold February 29, 2016

Last sale price $475,000 $451 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $4,930/month

8 Days on Market

Highlights

  • Views of a Sound
  • Traditional Architecture
  • 1 Fireplace
  • Alki Elementary School Rated A-
  • Wood Flooring
  • Corner Lot

About This Home

As of February 2016

Rarely available end corner unit w/ private GARAGE at adorable Alki Beach Villas, where nobody lives above or below you! Sweeping unobstructed views of Sound, Mountains & Sunsets directly across from the sandy beach! Romantic interior w/ wood-burning mantled fireplace, original hardwoods, wood millwork & custom wood blinds. Exterior upgrades include cedar shingle siding, roofing, quality double pane windows, garage door/opener. In-unit stack W/D & newer SS appl pkg! Bonus rear courtyard too!

Last Agent to Sell the Property

Scott Reed

Infinity Properties Listed on: 06/01/2015

Co-Listed By

Becky Reed

Infinity Properties License #8698

Infinity Properties

Last Buyer's Agent

Becky Reed

Infinity Properties License #8698

Infinity Properties

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM796582

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,813

Year Built

  • Built in 1948

Lot Details

  • 0.33

Parking

  • Garage

Property Views

  • Views of a Sound
  • Mountain Views

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Shake Roof
  • Composition Roof
  • Bitumen Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • 1 Fireplace

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Laundry

  • Dryer
  • Washer

Community Details

  • 8 Units
  • Alki Community

Listing and Financial Details

  • Assessor Parcel Number 0139200050

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,813

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 31 - Condo (2 Levels)
  • Architecture: Traditional
  • Entrance Level: Main
  • Unit Floor Number: 1
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Ceramic Tile, Hardwood, Vinyl, Wall To Wall Carpet
  • Remodeled: Y
  • Remodeled Updated: Y
  • Appliance Hookups: Cooking-Electric, Dryer-Electric, Washer
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 2.00
  • Bathrooms: 1.50
  • Total Full Bathrooms: 1
  • Total Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplace Type: Wood
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Dining Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Storage: Garage
  • Estimated Sq Ft: 1054
  • Window Coverings: Custom wood blinds

Exterior Features

  • Exterior: Brick, Wood
  • Roof: Cedar Shake, Composition, Torch Down
  • View: Mountain, Sound
  • Waterfront: Sound

Garage/Parking

  • Numberof Assigned Spaces: 1
  • Parking Type: Individual Garage

Utilities

  • Heating And Cooling: Forced Air
  • Water Heater: Utility Closet main floor-Electric

Condo/Co-op/Association

  • Numberof Units in Building: 8
  • Numberof Units In Complex: 8
  • HOA Fees: 324
  • Community Name: Alki
  • Project: Alki Beach Villas
  • Association Contact: Scott Reed/ Treasurer (206) 499-7840
  • Common Property Features: Cable Tv, High Speed Int Avail
  • Home Owner Dues Included: Earthquake Ins., Garbage, Water/Sewer, Common Area Maintenance, Lawn Service
  • Unit Features: Balcony/Deck/Patio, End Unit, Ground Floor, Insulated Windows, Top Floor, Yard

Schools

  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify
  • School District: SEA

Lot Info

  • Lot Details: Alley, Corner Lot, Curbs, Paved Street, Sidewalk
  • Lot Sq Ft: 14240
  • Parcel Number: 0139200050

Rental Info

  • Monthly Rentif Rented: 2195

Tax Info

  • Tax Amount: 2991

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2015
Closed on
Feb 11, 2016
Sold by
Reed Scott A and Reed Rebecca L
Bought by
Blackett Laura
Seller's Agent
Scott Reed
Infinity Properties
Buyer's Agent
Becky Reed
Infinity Properties
List Price
$499,950
Sold Price
$475,000
Premium/Discount to List
-$24,950
-4.99%
Current Estimated Value
$822,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$347,675
Avg. Annual Appreciation
5.89%
Original Mortgage
$466,396
Outstanding Balance
$370,834
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$451,841

Purchase Details

Closed on
Feb 1, 2013
Sold by
Reed Scott A
Bought by
Reed Scott A and Reed Rebecca L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,400
Interest Rate
3.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2003
Sold by
Beckmann Ann C
Bought by
Reed Scott A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,600
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 13, 1998
Sold by
Weinberg Faith R
Bought by
Beckmann Ann C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.86%

Purchase Details

Closed on
Apr 15, 1993
Sold by
Weinberg Sally
Bought by
Weinberg Faith R
Source: Public Records

Range of Values:

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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
Blackett Laura $475,000 Fidelity Natio
Reed Scott A -- Stewart Title
Reed Scott A $312,000 Old Republic T
Beckmann Ann C $219,500 Pacific Northwest Title Co
Weinberg Faith R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blackett Laura $466,396
Previous Owner Reed Scott A $206,400
Previous Owner Reed Scott A $249,600
Previous Owner Beckmann Ann C $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/29/2016 02/29/16 Sold $475,000 -5.0% $451 / Sq Ft
06/10/2015 06/10/15 Pending -- -- --
06/01/2015 06/01/15 For Sale $499,950 -- $474 / 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 $6,813 $712,000 $375,600 $336,400
2023 $6,085 $790,000 $375,600 $414,400
2022 $5,392 $721,000 $319,300 $401,700
2021 $5,596 $586,000 $300,500 $285,500
2020 $5,572 $579,000 $281,700 $297,300
2018 $4,850 $537,000 $262,900 $274,100
2017 $4,220 $490,000 $225,300 $264,700
2016 $3,762 $440,000 $206,600 $233,400
2015 $2,991 $382,000 $187,800 $194,200
2014 -- $309,000 $187,800 $121,200
2013 -- $309,000 $187,800 $121,200
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2016

    Scott Reed

    Infinity Properties

  • B

    Seller Co-Listing Agent in 2016

    Becky Reed

    Infinity Properties

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM796582

Northwest Multiple Listing Service (NWMLS)

APN: 013920-0050

Washington King County Seattle 98116 Alki

2402 Alki Ave SW Unit 5, Seattle, WA

This home is located at 2402 Alki Ave SW Unit 5, Seattle, WA 98116 since 01 June 2015 and is currently estimated at $822,675, approximately $780 per square foot. This property was built in 1948. 2402 Alki Ave SW Unit 5 is a home located in King County with nearby schools including Alki Elementary School, Madison Middle School, and West Seattle High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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