Listed by Rennie Group, Bought with Engel & Voelkers Seattle DT
$599,950
SOLD JUN 14, 2019

2551 Thorndyke Ave W Unit 401 Seattle, WA 98199

Southeast Magnolia Neighborhood
2 Beds
2 Baths
1,364 Sq Ft
1,307 Sq Ft Lot

Recently Sold

$440 Per Sq Ft

20 Days on Market

Highlights

  • Ocean View
  • Contemporary Architecture
  • 2 Fireplaces
  • Mcclure Middle School Rated A-
  • Secluded Lot
  • 5-minute walk to Smith Cove Park

About This Home

As of September 2022

Exceptional 2 bed 2 bath + Den in the heart of Magnolia! 1500sqft penthouse level, boutique condo building, built 2003 realized in 2016 w/New roof, exterior and finish work incl new fitness & community terrace! Tons of features, gas fire(s) dialed kitchen (gas range, pantry, slab granite) giant living spaces, stunning master, spa bath & private terrace w/Mt. Rainier & Elliott Bay views! Strong HOA, reserve parking & storage, steps to Expedia's new campus, Whole Foods, Mag village, Burke Gilman!

Last Agent to Sell the Property

Ryan Raffetto

Rennie Group License #91824 Listed on: 04/25/2019

Last Buyer's Agent

Shelley Carlson

Engel & Voelkers Seattle DT License #6198

Engel & Voelkers Seattle DT

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1445383

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,123

Year Built

  • Built in 2003

Lot Details

  • Open Space
  • Corner Lot

Parking

  • Common or Shared Parking

Property Views

  • Ocean
  • Views of a Sound
  • Bay
  • City
  • Mountain

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Stucco
  • Vinyl Construction Material

Interior Spaces

  • 4-Story Property
  • 2 Fireplaces

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Community Details

  • 14 Units
  • Magnolia Community

Listing and Financial Details

  • Assessor Parcel Number 5594000130

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,123

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 31 - Condo (2 Levels)
  • Architecture: Contemporary
  • Entrance Level: Main
  • Unit Floor Number: 4
  • Year Built: 2003
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Ceramic Tile, Wall To Wall Carpet
  • Appliance Hookups: Cooking-Gas
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 2.00
  • Total Full Bathrooms: 2
  • Main Level Full Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplace Type: Gas
  • Fireplaces: 2
  • Fireplaces Main: 1
  • Den or Office: Upper
  • Dining Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Storage: Garage
  • Storage Number: 22
  • Estimated Sq Ft: 1364
  • Window Coverings: Hunter Douglas

Exterior Features

  • Exterior: Metal/Vinyl, Stucco
  • Roof: Composition
  • View: Bay, City, Mountain, Ocean, Sound

Garage/Parking

  • Numberof Assigned Spaces: 1
  • Parking Type: Common Garage
  • Parking Space Number: 22

Utilities

  • Heating And Cooling: Forced Air
  • Water Heater: Main level-Electric

Condo/Co-op/Association

  • Numberof Units in Building: 14
  • Numberof Units In Complex: 14
  • HOA Fees: 571
  • Community Name: Magnolia
  • Project: Monterra at Magnolia
  • Manager Contact Information: Jim (509) 415-0234
  • Association Contact: David (585) 615-3099
  • Common Property Features: Club House, Elevator, Exercise Room, Fire Sprinklers, Game/Rec Rm, High Speed Int Avail, Lobby Entrance, Outside Entry, Security Gate
  • Home Owner Dues Included: Earthquake Ins., Garbage, Water/Sewer, Common Area Maintenance, Security Services, Lawn Service
  • Unit Features: Balcony/Deck/Patio, End Unit, French Doors, Insulated Windows, Jetted/Soaking Tub, Master Bath, Penthouse, Skylights, Top Floor, Vaulted Ceilings, Walk-In Closet

Schools

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

Lot Info

  • Lot Details: Corner Lot, Curbs, Open Space, Paved Street, Secluded, Sidewalk
  • Lot Sq Ft: 1510
  • Parcel Number: 5594000130

Tax Info

  • Tax Amount: 4682

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2022
Closed on
Aug 31, 2022
Sold by
Zhonga and Kayla
Bought by
Phelps Timothy Scott and Goebig Michaels Christiane
Seller's Agent
Larissa Sweeney
Lake & Company
Buyer's Agent
Mariah O'Keefe
Redfin
List Price
$725,000
Sold Price
$699,950
Premium/Discount to List
-$25,050
-3.46%
Total Days on Market
20
Current Estimated Value
$664,143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$35,807
Avg. Annual Appreciation
-2.51%
Original Mortgage
$629,955
Outstanding Balance
$607,859
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$44,922

Purchase Details

Listed on
Apr 25, 2019
Closed on
Jun 6, 2019
Sold by
Monderer David G and Monderer Marie N
Bought by
Zhonga Enea and Zhonga Kayla
Seller's Agent
Ryan Raffetto
Rennie Group
Buyer's Agent
Shelley Carlson
Engel & Voelkers Seattle DT
List Price
$599,950
Sold Price
$599,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.87%
Original Mortgage
$479,960
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 5, 2015
Closed on
Jul 9, 2015
Sold by
Hart Melody A
Bought by
Monderer David G and Monderer Marie N
Seller's Agent
Stacey Cross
Windermere Real Estate/East
Buyer's Agent
Stacey Cross
Windermere Real Estate/East
List Price
$450,000
Sold Price
$430,000
Premium/Discount to List
-$20,000
-4.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.87%

Purchase Details

Closed on
Sep 8, 2005
Sold by
Hoch Armand Lee and Hart Melody
Bought by
Hart Melody

Purchase Details

Closed on
May 24, 2005
Sold by
Hoch Melody A
Bought by
Hoch A Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,900
Interest Rate
2%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 28, 2005
Sold by
Thorndyke West Llc
Bought by
Hoch A Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,900
Interest Rate
2%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $699,950 --
Warranty Deed $599,950 Cw Title
Warranty Deed $430,000 Cw Title Co
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- Lawyers Title
Warranty Deed $419,900 Lawyers Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $629,955 New Conventional
Previous Owner $474,000 New Conventional
Previous Owner $479,960 New Conventional
Previous Owner $295,500 New Conventional
Previous Owner $335,900 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2022 09/09/22 Sold $699,950 0.0% $524 / Sq Ft
08/14/2022 08/14/22 Pending -- -- --
08/12/2022 08/12/22 Price Changed $699,950 -3.5% $524 / Sq Ft
07/27/2022 07/27/22 For Sale $725,000 +20.8% $543 / Sq Ft
06/14/2019 06/14/19 Sold $599,950 0.0% $440 / Sq Ft
05/15/2019 05/15/19 Pending -- -- --
04/25/2019 04/25/19 For Sale $599,950 +39.5% $440 / Sq Ft
07/13/2015 07/13/15 Sold $430,000 -4.4% $322 / Sq Ft
07/01/2015 07/01/15 Pending -- -- --
06/19/2015 06/19/15 For Sale $450,000 0.0% $337 / Sq Ft
06/17/2015 06/17/15 Pending -- -- --
06/05/2015 06/05/15 For Sale $450,000 -- $337 / 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 $6,123 $643,000 $195,000 $448,000
2023 $5,007 $640,000 $195,000 $445,000
2022 $5,321 $594,000 $178,800 $415,200
2021 $5,377 $583,000 $178,800 $404,200
2020 $5,967 $560,000 $178,800 $381,200
2018 $4,682 $610,000 $162,500 $447,500
2017 $4,152 $476,000 $135,400 $340,600
2016 $4,019 $436,000 $109,400 $326,600
2015 $3,928 $412,000 $109,400 $302,600
2014 -- $415,000 $97,500 $317,500
2013 -- $361,000 $92,100 $268,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1445383

Northwest Multiple Listing Service (NWMLS)

APN: 559400-0130