NOT LISTED FOR SALE

2407 55th Ave SW Unit 7 Seattle, WA 98116

Alki Neighborhood

Estimated Value: $662,000 - $733,926

2 Beds
1 Bath
976 Sq Ft
0.33 Acres

Last Sold November 09, 2021

Last sale price $660,750 $677 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,175/month

Highlights

  • Wood Flooring
  • Garage
  • Wood Siding
  • Alki Elementary School Rated A-

About This Home

As of November 2021

Get your kayak out of your private garage, and head 50 yards to the water for a morning paddle. Dry off and walk up Alki Ave for a latte! Sand in your shoes, long walks on the beach on a cool autumn day, it does not get much better than this. Alki living, two bedrooms, two bathrooms, private entrance, this condo lives like a stylish home. Make a home office, work in paradise! New roof in 2006, new furnace and water heater in 2017, new range in 2021. Come and make this home your own and enjoy all the beach life has to offer! Only 8 owners in the complex, and now, a 20K price drop, this is the best present you will ever give yourself. This is the first unit to come on the market in 15 years...don't miss!

Last Agent to Sell the Property

Mary Hollister

YourSeattleHomeTeam.com, Inc. License #108731 Listed on: 08/05/2021

YourSeattleHomeTeam.com, Inc.

Last Buyer's Agent

Theodora Wright

Home Realty License #5670

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1817434

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,682

Year Built

  • Built in 1948

Lot Details

  • 0.33

Parking

  • Garage

Home Design

  • Brick Exterior Construction
  • Shake Roof
  • Wood Siding

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bathroom

Laundry

  • Dryer
  • Washer

Listing and Financial Details

  • Assessor Parcel Number 0139200070

Community Details

Overview

  • Alki Community

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,682

Year Built

Built in 1948

Lot Details

0

Listing Details

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

Interior Features

  • Floor Covering: Ceramic Tile, Hardwood, Vinyl
  • Appliance Hookups: Cooking-Electric
  • Appliances That Stay: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Bedrooms: 2.00
  • Bathrooms: 1.75
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Dining Room: Main
  • Kitchen: Main
  • Living Room: Main
  • Estimated Sq Ft: 976

Exterior Features

  • Exterior: Brick, Wood
  • Roof: Cedar Shake

Garage/Parking

  • Parking Type: Individual Garage
  • Parking Space Number: 1

Utilities

  • Heating And Cooling: Forced Air
  • Water Heater: behind washer dryer-electric

Condo/Co-op/Association

  • Numberof Units In Complex: 8
  • HOA Fees: 314
  • Community Name: Alki
  • Project: Alki Beach Villas Condo
  • Cats And Dogs: No Restrictions
  • Association Contact: Peggy Noll (206) 383-9450
  • Common Property Features: Outside Entry
  • Home Owner Dues Included: Earthquake Ins., Garbage, Water/Sewer, Common Area Maintenance, Lawn Service

Schools

  • Elementary School: Alki
  • Middle School: Madison Mid
  • High School: West Seattle High
  • School District: SEA

Lot Info

  • Lot Details: Curbs, Paved Street, Sidewalk
  • Parcel Number: 0139200070

Tax Info

  • Tax Amount: 4199

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2021
Closed on
Oct 31, 2021
Sold by
Marks Melinda M
Bought by
Cossalter Sandberg Krista
Seller's Agent
Mary Hollister
YourSeattleHomeTeam.com, Inc.
Buyer's Agent
Theodora Wright
Home Realty
List Price
$695,000
Sold Price
$660,750
Premium/Discount to List
-$34,250
-4.93%
Current Estimated Value
$698,232

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,482
Avg. Annual Appreciation
1.42%

Purchase Details

Closed on
Sep 3, 2010
Sold by
Marks Melinda M
Bought by
Marks Melinda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
4.28%

Purchase Details

Closed on
Aug 1, 2007
Sold by
Rotert Jennifer L
Bought by
Marks Melinda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
6.25%

Purchase Details

Closed on
Feb 15, 2006
Sold by
Serna Jennifer J
Bought by
Rotert Jennifer L

Purchase Details

Closed on
Nov 18, 1997
Sold by
Tomanov Roumen G
Bought by
Serna Jennifer J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,650
Interest Rate
7.33%

Purchase Details

Closed on
Nov 6, 1997
Sold by
Exchange Counsel Inc
Bought by
Serna Jennifer J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,650
Interest Rate
7.33%

Purchase Details

Closed on
Sep 23, 1997
Sold by
Altom Rhoda L and Carlson Cory A
Bought by
Exchange Counsel Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,650
Interest Rate
7.33%
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
Cossalter Sandberg Krista $660,750 Stewart Title Company
Marks Melinda M -- First American
Marks Melinda M $418,000 Old Republic T
Rotert Jennifer L $390,000 Commonwealth L
Serna Jennifer J -- Transnation Title Insurance
Serna Jennifer J -- Transnation Title Insurance
Exchange Counsel Inc $135,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marks Melinda M $245,000
Previous Owner Marks Melinda M $328,000
Previous Owner Serna Jennifer J $130,650
Previous Owner Exchange Counsel Inc $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2021 11/09/21 Sold $660,750 -2.1% $677 / Sq Ft
10/10/2021 10/10/21 Pending -- -- --
09/11/2021 09/11/21 Price Changed $675,000 -2.9% $692 / Sq Ft
08/05/2021 08/05/21 For Sale $695,000 -- $712 / 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 $5,682 $589,000 $333,500 $255,500
2023 $5,840 $618,000 $333,500 $284,500
2022 $3,936 $553,000 $283,400 $269,600
2021 $4,199 $421,000 $266,800 $154,200
2020 $4,197 $429,000 $250,100 $178,900
2018 $4,066 $403,000 $233,400 $169,600
2017 $3,101 $408,000 $200,100 $207,900
2016 $2,927 $319,000 $183,400 $135,600
2015 $1,962 $294,000 $166,700 $127,300
2014 -- $198,000 $166,700 $31,300
2013 -- $198,000 $166,700 $31,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1817434

Northwest Multiple Listing Service (NWMLS)

APN: 013920-0070