NOT LISTED FOR SALE

2502 Canterbury Ln E Unit 112 Seattle, WA 98112

Madison Park Neighborhood

Estimated Value: $671,000 - $716,101

2 Beds
2 Baths
1,006 Sq Ft
$777/mo HOA Fee

Last Sold August 25, 2023

Last sale price $745,000 $741 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $5,095/month

2 Days on Market

Highlights

  • Low Bank Waterfront Property
  • Boat Dock
  • Lake View
  • McGilvra Elementary School Rated A
  • Fitness Center
  • Ground Level Unit

About This Home

As of August 2023

Your perfect pied-à-terre awaits in Madison Park! Welcome to this delightful ground-floor, two-bedroom condo just steps from the shore of Lake Washington. Discover bright & inviting spaces, a newly remodeled kitchen w/ quartz counters, custom cabinetry, subway tile backsplash & new stainless steel appliances + modern lighting & fresh paint throughout. Enjoy privacy, a serene garden setting & a sparkling lake view from the patio. Spacious primary bedroom w/ en-suite 3/4 bath + 2nd bedroom w/ nearby full bath. Well-maintained waterfront Canterbury Shores w/ recent $12M investment in new siding, windows, roof, decks/patios & more! Outdoor pool, dock w/ moorage & kayak launch, exercise room, guest parking. Stroll to Madison Park shops & dining!

Last Listed By

Charlie Sirianni

Windermere Mercer Island License #26221 Listed on: 07/25/2023

Windermere Mercer Island

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2142634

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,197

Year Built

  • Built in 1967

Lot Details

  • Low Bank Waterfront Property
  • Lake Front
  • Cul-De-Sac
  • Street terminates at a dead end

HOA Fees

  • $777 Monthly HOA Fees

Home Design

  • Built-Up Roof
  • Bitumen Roof
  • Wood Siding
  • Cement Board or Planked
  • Vinyl Construction Material
  • Wood Composite

Interior Spaces

  • 1,006 Sq Ft Home
  • 4-Story Property
  • Insulated Windows
  • Lake Views

Kitchen

  • Oven or Range
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Space
  • Off-Street Parking

Outdoor Features

  • Docks
  • Balcony
  • Patio

Location

  • Ground Level Unit

Utilities

  • Radiant Heating System
  • Water Heater

Listing and Financial Details

Community Details

Overview

  • Association fees include common area maintenance, earthquake insurance, garbage, lawn service, road maintenance, sewer, snow removal, water
  • 91 Units
  • Madrona Real Estate Association
  • Secondary HOA Phone (206) 623-7662
  • Canterbury Shores Condos
  • Madison Park Subdivision
  • Park Phone (206) 323-3129 | Manager Steve Parris

Amenities

  • Community Garden
  • Laundry Facilities
  • Elevator
  • Lobby

Recreation

  • Boat Dock
  • Mooring Area
  • Fitness Center
  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,197

Year Built

Built in 1967

Lot Details

0

HOA Fees

$777 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 1967
  • Inclusions: Dishwasher,Dryer,Microwave,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Canterbury Shores
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1006
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 0
  • UnitFeatures: Balcony/Deck/Patio,Ground Floor,Insulated Windows,Primary Bath
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2142634?w=Consumer&agent=109634
  • Special Features: VirtualTour
  • Cumulative Days on Market: 619

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate
  • Interior Amenities: Ceramic Tile, Laminate Hardwood, Balcony/Deck/Patio, Water Heater
  • Main Level Bedrooms: 2
  • Stories: 4
  • Bathrooms: 1.75
  • BathsFullMain: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • FloorNumberOfUnit: 1
  • StorageNo: 112
  • AppliancesIncluded: Dishwasher,Dryer,Microwave,Refrigerator,Stove/Range,Washer
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 2

Exterior Features

  • Roof: Built-Up, Torch Down
  • View: Lake
  • Lot Features: Cul-De-Sac, Curbs, Dead End Street, Paved, Sidewalk
  • View: Yes
  • Waterfront Features: Bank-Low, Lake
  • Waterfront: Yes
  • Exterior Features: Cement Planked, Metal/Vinyl, Wood, Wood Products
  • Structure Type: Multi Family
  • ViewFrom: See Remarks
  • WaterAccess: Community Waterfront/Pvt Beach

Garage/Parking

  • Carport Y N: No
  • Parking Features: Off Street
  • Total Parking Spaces: 1

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiant
  • Heating Yn: Yes
  • WaterHeaterLocation: Front Hall Closet
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Community Features: Dock, Elevator, Exercise Room, Fire Sprinklers, Garden Space, Laundry Room, Lobby Entrance, Moorage, Outside Entry, Pool
  • Park Manager Name: Steve Parris
  • Park Manager Phone: 206-323-3129
  • Senior Community: No
  • Association Fee: 777
  • Association Fee Frequency: Monthly
  • Phone: 206-623-7662
  • Association: Yes
  • Pets Allowed: No Dogs or Cats
  • AssociationContactName: Madrona Real Estate
  • CommonPropertyFeatures: Dock,Elevator,Exercise Room,Fire Sprinklers,Garden Space,Laundry Room,Lobby Entrance,Moorage,Outside Entry,Pool-Outdoor

Fee Information

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

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 1330800110
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSSquareFootageSource: King County Records

Green Features

  • Efficiency: Insulated Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • RentalCap: No Rental Cap

Tax Info

  • Year: 2023
  • Tax Annual Amount: 4197

Multi Family

  • Number Of Units In Community: 91
  • EnergySource: Electric
  • UnitsInBuildingTotal: 91

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2023
Closed on
Aug 24, 2023
Sold by
Usman Junaid Q and Usman Lynda G
Bought by
Edwards Jordan Pierson and Khabbaz Narges
Seller's Agent
Charlie Sirianni
Windermere Mercer Island
Buyer's Agent
Lisa Schwartz
COMPASS
List Price
$725,000
Sold Price
$745,000
Premium/Discount to List
$20,000
2.76%
Total Days on Market
2
Views
127
Current Estimated Value
$696,275

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$48,725
Avg. Annual Appreciation
-3.66%
Original Mortgage
$441,000
Outstanding Balance
$434,510
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$264,956

Purchase Details

Closed on
Dec 29, 2008
Sold by
Usman Junaid Q and Usman Junaid
Bought by
Usman Junaid Q and Usman Lynda G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Interest Rate
6.03%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Mar 15, 2006
Sold by
Brink William J and Brink Barbara O
Bought by
Usman Junaid

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,000
Interest Rate
6.25%
Mortgage Type
Credit Line Revolving

Range of Values:

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Average Value
Not Available
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
Edwards Jordan Pierson $745,000 Chicago Title
Usman Junaid Q -- Northpoint Escrow & Title Ll
Usman Junaid $340,000 Commonwealth L
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Edwards Jordan Pierson $441,000
Previous Owner Usman Junaid Q $306,000
Previous Owner Usman Junaid $34,000
Previous Owner Usman Junaid $272,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2023 08/25/23 Sold $745,000 +2.8% $741 / Sq Ft
07/27/2023 07/27/23 Pending -- -- --
07/25/2023 07/25/23 For Sale $725,000 -- $721 / 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 $5,483 $570,000 $380,300 $189,700
2023 $4,197 $555,000 $380,300 $174,700
2022 $4,525 $491,000 $245,000 $246,000
2021 $4,758 $490,000 $245,000 $245,000
2020 $4,844 $491,000 $238,600 $252,400
2018 $4,395 $454,000 $212,800 $241,200
2017 $3,846 $444,000 $187,000 $257,000
2016 $3,769 $401,000 $167,600 $233,400
2015 $2,980 $384,000 $167,600 $216,400
2014 -- $309,000 $164,800 $144,200
2013 -- $239,000 $164,800 $74,200
Source: Public Records

Agents Affiliated with this Home

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2142634

Northwest Multiple Listing Service (NWMLS)

APN: 133080-0110