Listed by Coldwell Banker Bain, Bought with Lake & Company
NOT LISTED FOR SALE

2550 Thorndyke Ave W Unit 403 Seattle, WA 98199

Southeast Magnolia Neighborhood

Estimated Value: $422,000 - $533,000

2 Beds
1 Bath
1,010 Sq Ft
0.4 Acres

Last Sold June 11, 2018

Last sale price $410,000 $406 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,817/month

7 Days on Market

Highlights

  • Views of a Sound
  • Wood Flooring
  • Wood Siding
  • Mcclure Middle School Rated A-
  • Cats Allowed

About This Home

As of June 2018

This magnificent Magnolia condo in a friendly, well-run building is ready for its fortunate new owners. Look out to Interbay golf course, Puget Sound & Mt. Rainier from your private deck. From here you can stroll or roll downtown, barely touching a surface street. Close to dining, shopping, parks, transit and the new Expedia campus. Features include: bright, spacious rooms, perfect hardwood floors, en-suite master and extra storage. This is also a terrific investment as there is no rental cap!

Last Agent to Sell the Property

Ken Graff

Coldwell Banker Bain License #108166 Listed on: 05/10/2018

Coldwell Banker Bain

Last Buyer's Agent

Alysan Long

Lake & Company License #131791

Lake & Company

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1265881

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,967

Year Built

  • Built in 1969

Lot Details

  • 0.4

Parking

  • Uncovered Parking

Property Views

  • Views of a Sound
  • Golf Course
  • Mountain
  • Territorial

Home Design

  • Bitumen Roof
  • Wood Siding

Interior Spaces

  • 1 Bathroom
  • 4-Story Property

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Listing and Financial Details

  • Assessor Parcel Number 3395150340

Community Details

Overview

  • 19 Units
  • Magnolia Community

Pet Policy

  • Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,967

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 30 - Condo (1 Level)
  • Entrance Level: Main
  • Unit Floor Number: 4
  • Year Built: 1969
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Ceramic Tile, Hardwood, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Garbage Disposal, Microwave, Range/Oven, Refrigerator
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 1.75
  • Bathrooms Main: Main
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Master Bedroom: Main
  • Den or Office: Main
  • Dining Room: Main
  • Kitchen: Main
  • Living Room: Main
  • Storage: Laundry Room
  • Storage Number: 16
  • Estimated Sq Ft: 1010

Exterior Features

  • Exterior: Cement/Concrete, Wood
  • Roof: Torch Down
  • View: Golf Course, Mountain, Sound, Territorial

Garage/Parking

  • Numberof Assigned Spaces: 1
  • Parking Type: Uncovered
  • Parking Space Number: #5

Utilities

  • Heating And Cooling: Baseboard, Wall

Condo/Co-op/Association

  • Numberof Units in Building: 19
  • HOA Fees: 487
  • Community Name: Magnolia
  • Project: Holly Terrace
  • Cats And Dogs: Cats Only
  • Manager Contact Information: Felix Rodriguez (206) 227-4773
  • Association Contact: Valerie Park (206) 261-4787
  • Common Property Features: Disabled Access, Elevator, Laundry Room, Security Gate
  • Home Owner Dues Included: Central Hot Water, Earthquake Ins., Garbage, Water/Sewer, Common Area Maintenance
  • Unit Features: Balcony/Deck/Patio, Disabled Access, End Unit, Insulated Windows, Master Bath, Top Floor

Schools

  • Elementary School: Catharine Blaine K-8
  • Middle School: Mc Clure Mid
  • High School: Ballard High
  • School District: SEA

Lot Info

  • Lot Details: Curbs, Paved Street, Sidewalk
  • Lot Sq Ft: 17565
  • Parcel Number: 3395150340

Tax Info

  • Tax Amount: 2318

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2022
Sold by
Stevens and Kimberly
Bought by
Mullen Robert
Current Estimated Value
$468,853

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$437,341
Outstanding Balance
$414,901
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$53,952

Purchase Details

Closed on
Dec 14, 2019
Sold by
Stevens James and Chase Kimberly
Bought by
Stevens James and Stevens Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,300
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 10, 2018
Closed on
May 31, 2018
Sold by
Marcuse David and Berman Judith
Bought by
Stevens James and Chase Kimberly
Seller's Agent
Ken Graff
Coldwell Banker Bain
Buyer's Agent
Alysan Long
Lake & Company
List Price
$389,000
Sold Price
$410,000
Premium/Discount to List
$21,000
5.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.84%
Original Mortgage
$369,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 2004
Sold by
Marcuse David
Bought by
Marcuse David and Berman Judith

Purchase Details

Closed on
Aug 17, 2001
Sold by
Laaksonen Diane N
Bought by
Marcuse David S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
7.19%

Purchase Details

Closed on
Dec 16, 1994
Sold by
Vandenberghe Kirk and Vandenberghe Margaret
Bought by
Laaksonen Diane N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,100
Interest Rate
7.5%
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
Mullen Robert $499,000 Ticor Title
Stevens James -- Servicelink
Stevens James $410,000 Rainier Title
Marcuse David -- Fidelity National Title
Marcuse David S $155,000 Fidelity National Title Co
Laaksonen Diane N $113,000 Evergreen Title Company Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mullen Robert $437,341
Previous Owner Stevens James $348,300
Previous Owner Stevens James $369,000
Previous Owner Marcuse David S $104,000
Previous Owner Laaksonen Diane N $79,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/11/2018 06/11/18 Sold $410,000 +5.4% $406 / Sq Ft
05/17/2018 05/17/18 Pending -- -- --
05/10/2018 05/10/18 For Sale $389,000 -- $385 / 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 $3,967 $411,000 $192,400 $218,600
2023 $4,094 $433,000 $192,400 $240,600
2022 $3,458 $399,000 $177,600 $221,400
2021 $3,470 $374,000 $177,600 $196,400
2020 $3,838 $357,000 $177,600 $179,400
2018 $3,090 $394,000 $162,800 $231,200
2017 $2,318 $311,000 $123,300 $187,700
2016 $2,271 $239,000 $99,600 $139,400
2015 $2,011 $229,000 $99,600 $129,400
2014 -- $207,000 $88,800 $118,200
2013 -- $174,000 $83,900 $90,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1265881

Northwest Multiple Listing Service (NWMLS)

APN: 339515-0340