Listed by Real Broker LLC, Bought with Windermere RE Magnolia
NOT LISTED FOR SALE

2550 Thorndyke Ave W Unit 404 Seattle, WA 98199

Southeast Magnolia Neighborhood

Estimated Value: $483,000 - $569,630

3 Beds
1 Bath
1,221 Sq Ft
0.4 Acres

Last Sold November 12, 2015

Last sale price $285,000 $233 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $3,109/month

13 Days on Market

Highlights

  • Bay View
  • Wood Flooring
  • Cats Allowed
  • Mcclure Middle School Rated A-
  • Corner Lot
  • Wood Siding

About This Home

As of November 2015

Spectacular panoramic views of Elliott Bay, Mt. Rainier, Interbay Golf Course & Queen Anne await from this top floor, end unit. Designer colors & gleaming H/W floors throughout. Elegantly appointed floorplan features spacious living & formal dining areas, stylish kitchen w/ new appliances, sizable master suite w/ bath, 2 more BD's- all rooms have views! Watch the cruise ships from your living room or private deck. Plenty of parking, cats are welcome, no rental cap, laundry room on each floor.

Last Agent to Sell the Property

Rob Holmstrom

Real Broker LLC License #2222 Listed on: 09/11/2015

Real Broker LLC

Last Buyer's Agent

Joan Gehrke

Windermere RE Magnolia License #39927

Windermere RE Magnolia

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM846871

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,602

Year Built

  • Built in 1969

Lot Details

  • 0.4

Property Views

  • Bay
  • Jetty Views
  • Golf Course
  • City
  • Mountain
  • Territorial

Home Design

  • Flat Roof Shape
  • Wood Siding

Interior Spaces

  • 1 Bathroom
  • 4-Story Property

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

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

Parking

  • Uncovered Parking
  • Off-Street Parking

Listing and Financial Details

  • Assessor Parcel Number 3395150360

Community Details

Overview

  • 19 Units
  • Magnolia Community

Pet Policy

  • Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,602

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, Vinyl, Wall To Wall Carpet
  • Appliance Hookups: Cooking-Electric
  • Appliances That Stay: Dishwasher, Garbage Disposal, Range/Oven, Refrigerator
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 3
  • Bathrooms: 1.75
  • 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
  • Dining Room: Main
  • Kitchen: Main
  • Living Room: Main
  • Storage: Laundry Room
  • Estimated Sq Ft: 1221

Exterior Features

  • Exterior: Wood
  • Roof: Flat
  • View: Bay, City, Golf Course, Jetty, Mountain, Territorial

Garage/Parking

  • Numberof Assigned Spaces: 1
  • Parking Type: Off Street, Uncovered
  • Parking Space Number: 1

Utilities

  • Heating And Cooling: Baseboard, Wall

Condo/Co-op/Association

  • Numberof Units in Building: 19
  • Numberof Units In Complex: 19
  • HOA Fees: 526
  • Community Name: Magnolia
  • Project: Holly Terrace
  • Cats And Dogs: Cats Only
  • Manager Contact Information: Felix at Quorum (206) 283-6000
  • 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, Lawn Service
  • Unit Features: Balcony/Deck/Patio, Disabled Access, End Unit, Insulated Windows, Master Bath, Top Floor, Walk-In Closet

Schools

  • School District: SEA

Lot Info

  • Lot Details: Corner Lot, Curbs, Paved Street, Sidewalk
  • Lot Sq Ft: 17565
  • Parcel Number: 3395150360

Tax Info

  • Tax Amount: 2364

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2015
Closed on
Oct 20, 2015
Sold by
Popstopjanovic Frances T and Holstrom Robert S
Bought by
Grimm Gerald A and Grimm Annette K
Seller's Agent
Rob Holmstrom
Real Broker LLC
Buyer's Agent
Joan Gehrke
Windermere RE Magnolia
List Price
$299,950
Sold Price
$285,000
Premium/Discount to List
-$14,950
-4.98%
Current Estimated Value
$513,908

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$228,908
Avg. Annual Appreciation
6.12%
Original Mortgage
$199,500
Outstanding Balance
$156,537
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$357,371

Purchase Details

Closed on
Aug 4, 2003
Sold by
Fowler Garth A and Ruffo Mark
Bought by
Holmstrom Robert S and Popstojanovic Frances T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
5.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 22, 1998
Sold by
Kimura Ron Terumi
Bought by
Fowler Garth A and Ruffo Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,200
Interest Rate
6.9%
Mortgage Type
FHA
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
Grimm Gerald A $285,000 Fidelity Natio
Holmstrom Robert S $237,500 Fidelity Natio
Fowler Garth A $127,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grimm Gerald A $199,500
Previous Owner Holmstrom Robert S $190,000
Previous Owner Fowler Garth A $123,200
Closed Holmstrom Robert S $20,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/12/2015 11/12/15 Sold $285,000 -5.0% $233 / Sq Ft
09/25/2015 09/25/15 Pending -- -- --
09/11/2015 09/11/15 For Sale $299,950 -- $246 / 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 $4,602 $480,000 $239,400 $240,600
2023 $4,447 $472,000 $239,400 $232,600
2022 $3,996 $472,000 $221,000 $251,000
2021 $3,963 $435,000 $221,000 $214,000
2020 $4,382 $410,000 $221,000 $189,000
2018 $3,559 $462,000 $202,500 $259,500
2017 $2,651 $360,000 $153,400 $206,600
2016 $2,641 $275,000 $124,000 $151,000
2015 $2,364 $268,000 $124,000 $144,000
2014 -- $245,000 $110,400 $134,600
2013 -- $206,000 $104,300 $101,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM846871

Northwest Multiple Listing Service (NWMLS)

APN: 339515-0360