NOT LISTED FOR SALE

2591 E Madison St Unit 2591 Seattle, WA 98112

Madison Valley Neighborhood

Estimated Value: $642,000 - $821,000

2 Beds
2 Baths
1,540 Sq Ft
$464/Sq Ft Est. Value

Last Sold June 23, 2021

Last sale price $600,000 $390 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $4,404/month

4 Days on Market

Highlights

  • Territorial View
  • 1 Fireplace
  • Wood Siding
  • McGilvra Elementary School Rated A
  • Garage
  • 2-minute walk to Julia Lee's Park

About This Home

As of June 2021

This bright East Madison townhome is ready for you to move right in with new flooring, fresh paint & updated bathrooms. Relax around the fireside in the bright living room, or step out for sunny Madison Valley views from the balcony. An open kitchen with stainless appliances overlooks the cozy dining area. Two vaulted bedrooms await you upstairs along with a full-size laundry room. Don’t miss the oversized garage with storage. Rated a “walker’s paradise,” this great location is just a stroll away from shops & dining; 2 blocks to the Arboretum; 5 minutes to Madison Park, UW, Cap Hill & Central District; & 10 minutes to downtown. A great price-per-square-foot value, well-maintained building & healthy HOA make this is a great investment, too!

Last Agent to Sell the Property

Jake Kanev

Windermere Mercer Island License #121904 Listed on: 05/25/2021

Windermere Mercer Island

Last Buyer's Agent

Audrey Manzanares

Windermere Real Estate Midtown License #119294

Windermere Real Estate Midtown

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1779808

Northwest Multiple Listing Service (NWMLS)

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,234

Year Built

  • Built in 1978

Lot Details

  • 1.08

Parking

  • Garage

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Territorial Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate

Laundry

  • Dryer
  • Washer

Listing and Financial Details

  • Assessor Parcel Number 2161800140

Community Details

Overview

  • 30 Units
  • Madison Valley Community

Pet Policy

  • Pets allowed on a case-by-case basis
  • Pet Restriction

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,234

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 32 - Townhouse
  • Architecture: Townhouse
  • Unit Floor Number: 1
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Floor Covering: Laminate Hardwood, Wall To Wall Carpet
  • Remodeled: Y
  • Remodeled Updated: Y
  • Appliance Hookups: Cooking-Electric, Dryer-Electric, Washer
  • Appliances That Stay: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 2.00
  • Bathrooms: 1.50
  • Total Full Bathrooms: 1
  • Total Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Dining Room: Main
  • Kitchen: Main
  • Living Room: Main
  • Storage: in unit
  • Estimated Sq Ft: 1540
  • Window Coverings: yes

Exterior Features

  • Exterior: Wood
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Numberof Assigned Spaces: 1
  • Parking Type: Individual Garage

Utilities

  • Heating And Cooling: Baseboard
  • Water Heater: garage-electric

Condo/Co-op/Association

  • Numberof Units in Building: 30
  • Numberof Units In Complex: 30
  • HOA Fees: 497
  • Community Name: Madison Valley
  • Project: East Madison Townhomes
  • Cats And Dogs: Subj To Restrictions
  • Manager Contact Information: Quorum RE Property Management (206) 283-6000
  • Association Contact: Chris Reinhart (206) 283-6000
  • Common Property Features: Fire Sprinklers, High Speed Int Avail, Outside Entry
  • Home Owner Dues Included: Garbage, Water/Sewer, Road Maintenance, Common Area Maintenance, Lawn Service
  • Unit Features: Balcony/Deck/Patio, Ground Floor, Insulated Windows, Skylights, Vaulted Ceilings

Schools

  • Elementary School: Mc Gilvra
  • Middle School: Meany Mid
  • High School: Garfield High
  • School District: SEA

Lot Info

  • Lot Details: Curbs, Paved Street, Sidewalk
  • Lot Sq Ft: 47045
  • Parcel Number: 2161800140

Tax Info

  • Tax Amount: 5585

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2021
Closed on
Jun 16, 2021
Sold by
Berry Debra A
Bought by
Veggerby Karl and Darling Emily
Seller's Agent
Jake Kanev
Windermere Mercer Island
Buyer's Agent
Audrey Manzanares
Windermere Real Estate Midtown
List Price
$595,000
Sold Price
$600,000
Premium/Discount to List
$5,000
0.84%
Current Estimated Value
$714,225

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,225
Avg. Annual Appreciation
3.75%
Original Mortgage
$480,000
Outstanding Balance
$439,284
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$260,507

Purchase Details

Closed on
Oct 9, 1998
Sold by
Cleveland Stephanie D and Hansen Christopher L
Bought by
Berry Debra A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
6.79%

Purchase Details

Closed on
Aug 7, 1995
Sold by
Davies D David
Bought by
Hansen Christopher L and Cleveland Stephanie D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,150
Interest Rate
7.63%
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
Veggerby Karl $600,000 Ticor Title
Berry Debra A $165,000 Pacific Northwest Title
Hansen Christopher L $119,950 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Veggerby Karl $100,000
Closed Veggerby Karl $25,000
Open Veggerby Karl $480,000
Previous Owner Berry Debra A $147,000
Previous Owner Berry Debra A $132,000
Previous Owner Hansen Christopher L $109,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2021 06/23/21 Sold $600,000 +0.8% $390 / Sq Ft
05/29/2021 05/29/21 Pending -- -- --
05/25/2021 05/25/21 For Sale $595,000 -- $386 / 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 $6,234 $639,000 $457,000 $182,000
2023 $5,919 $617,000 $457,000 $160,000
2022 $4,923 $579,000 $402,800 $176,200
2021 $5,585 $524,000 $402,800 $121,200
2020 $5,788 $570,000 $503,500 $66,500
2018 $4,661 $581,000 $263,300 $317,700
2017 $4,016 $464,000 $232,300 $231,700
2016 $3,661 $412,000 $170,400 $241,600
2015 $3,426 $366,000 $170,400 $195,600
2014 -- $351,000 $170,400 $180,600
2013 -- $287,000 $170,400 $116,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1779808

Northwest Multiple Listing Service (NWMLS)

APN: 216180-0140