Listed by Coldwell Banker Bain, Bought with Windermere Real Estate GH LLC
NOT LISTED FOR SALE

2626 E Madison St Unit 7 Seattle, WA 98112

Madison Valley Neighborhood

Estimated Value: $399,907 - $497,000

2 Beds
1 Bath
666 Sq Ft
0.26 Acres

Last Sold January 06, 2020

Last sale price $375,000 $563 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,555/month

117 Days on Market

Highlights

  • Territorial View
  • Dogs and Cats Allowed
  • Vinyl Flooring
  • McGilvra Elementary School Rated A
  • Wood Siding
  • 2-minute walk to Julia Lee's Park

About This Home

As of January 2020

Live in the heart of this terrific community of trendy cafes, fantastic restaurants, bakeries & shops. They are all just outside your door with excellent proximity to transit and Lake Washington. This bright and clean condo was recently updated and offers the buyer value and tremendous quality of life. Features include new kitchen & flooring, onsite storage, community bike storage, onsite laundry and reserved parking. There’s no rental cap making this a sound investment opportunity as well!

Last Agent to Sell the Property

Ken Graff

Coldwell Banker Bain License #108166 Listed on: 07/31/2019

Coldwell Banker Bain

Last Buyer's Agent

Amber Kegley

Windermere Real Estate GH LLC License #95719

Windermere Real Estate GH LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1479041

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1985

Lot Details

  • 0.26

Parking

  • Off-Street Parking

Home Design

  • Flat Roof Shape
  • Wood Siding
  • Stucco

Interior Spaces

  • 3-Story Property
  • Vinyl Flooring
  • Territorial Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Listing and Financial Details

  • Assessor Parcel Number 5009700070

Community Details

Overview

  • 12 Units
  • Madison Valley Community

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 30 - Condo (1 Level)
  • Entrance Level: Main
  • Unit Floor Number: 3
  • Year Built: 1985
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Vinyl
  • Appliances That Stay: Dishwasher, Garbage Disposal, Microwave, Range/Oven, Refrigerator
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 1.00
  • Total Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Master Bedroom: Main
  • Den or Office: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Storage: Ground Level
  • Storage Number: 7
  • Estimated Sq Ft: 666

Exterior Features

  • Exterior: Stucco, Wood
  • Roof: Flat
  • View: Territorial

Garage/Parking

  • Numberof Assigned Spaces: 1
  • Parking Type: Off Street

Utilities

  • Heating And Cooling: Wall

Condo/Co-op/Association

  • Numberof Units in Building: 12
  • HOA Fees: 251
  • Community Name: Madison Valley
  • Project: Madison Arbor Condominiums
  • Cats And Dogs: Cats Only, Dogs Only
  • Common Property Features: Cable Tv, Laundry Room
  • Home Owner Dues Included: Garbage, Water/Sewer, Common Area Maintenance
  • Unit Features: Balcony/Deck/Patio, End Unit, Top Floor

Schools

  • School District: SEA

Lot Info

  • Lot Details: Curbs, Paved Street, Sidewalk
  • Lot Sq Ft: 11542
  • Parcel Number: 5009700070

Tax Info

  • Tax Amount: 3011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2019
Closed on
Jan 2, 2020
Sold by
Sung Jeffrey C
Bought by
Karimova Elmira
Seller's Agent
Ken Graff
Coldwell Banker Bain
Buyer's Agent
Amber Kegley
Windermere Real Estate GH LLC
List Price
$405,000
Sold Price
$375,000
Premium/Discount to List
-$30,000
-7.41%
Current Estimated Value
$428,227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,227
Avg. Annual Appreciation
2.24%
Original Mortgage
$300,000
Outstanding Balance
$265,062
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$163,165

Purchase Details

Closed on
May 19, 2003
Sold by
Sung Benjamin T and Sung Pei Luen F
Bought by
Sung Jeffrey C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 8, 1998
Sold by
Moore Terry R and Meadowcroft Jodie R
Bought by
Sung Jeffrey C and Sung Benjamin T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,750
Interest Rate
7.11%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Karimova Elmira $375,000 Rainier Title
Sung Jeffrey C -- Pacific Nw Tit
Sung Jeffrey C $105,950 Old Republic Title Ltd
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karimova Elmira $300,000
Previous Owner Sung Jeffrey C $100,000
Previous Owner Sung Jeffrey C $84,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/06/2020 01/06/20 Sold $375,000 -5.1% $563 / Sq Ft
11/25/2019 11/25/19 Pending -- -- --
10/04/2019 10/04/19 Price Changed $395,000 -2.5% $593 / Sq Ft
07/31/2019 07/31/19 For Sale $405,000 -- $608 / 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 $3,729 $389,000 $262,300 $126,700
2023 $3,284 $423,000 $262,300 $160,700
2022 $3,322 $388,000 $223,400 $164,600
2021 $3,470 $362,000 $223,400 $138,600
2020 $3,212 $360,000 $223,400 $136,600
2018 $3,011 $333,000 $165,100 $167,900
2017 $2,492 $305,000 $145,700 $159,300
2016 $2,016 $260,000 $77,700 $182,300
2015 $1,762 $204,000 $77,700 $126,300
2014 -- $182,000 $77,700 $104,300
2013 -- $159,000 $77,700 $81,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1479041

Northwest Multiple Listing Service (NWMLS)

APN: 500970-0070