Listed by Windermere Real Estate Co., Bought with Realogics Sotheby's Int'l Rlty
NOT LISTED FOR SALE

Estimated Value: $3,266,000 - $4,196,000

3 Beds
2.5 Baths
5,652 Sq Ft
0.29 Acres

Last Sold December 22, 2023

Last sale price $3,725,000 $659 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $23,932/month

46 Days on Market

Highlights

  • Views of a Sound
  • Penthouse
  • Gated Community
  • Alki Elementary School Rated A-
  • Rooftop Deck
  • 4-minute walk to Alki Beach Park

About This Home

As of December 2023

This exquisite residence epitomizes upscale city living at its finest. Here, you'll find a harmonious blend of sophisticated design, commercial grade steel & concrete construction, and breathtaking panoramic vistas. The expansive open floor plan seamlessly connects the living, dining, and kitchen areas, making it ideal for both entertaining and everyday living. The interior is a masterpiece of design and craftsmanship, form and function. High-end finishes, custom millwork, and heated, polished concrete floors create an elegant, inviting atmosphere. Floor-to-ceiling windows flood the space with natural light and frame the incredible views. This home offers an unparalleled living experience that is truly one of a kind.

Last Agent to Sell the Property

Sharlane Chase

Windermere Real Estate Co. License #124433 Listed on: 09/07/2023

Windermere Real Estate Co.

Last Buyer's Agent

Cindy Cyr

Realogics Sotheby's Int'l Rlty License #115478

Realogics Sotheby's Int'l Rlty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2157021

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $17,177

Year Built

  • Built in 2003

Lot Details

  • End Unit
  • Northwest Facing Home
  • Corner Lot

Parking

  • 3 Car Garage

Property Views

  • Views of a Sound
  • Mountain Views

Home Design

  • Penthouse
  • Contemporary Architecture
  • Metal Roof
  • Vinyl Construction Material

Interior Spaces

  • 5,652 Sq Ft Home
  • 3-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Insulated Windows
  • French Doors
  • Alarm System

Kitchen

  • Double Oven
  • Gas Oven or Range
  • Stove
  • Ice Maker
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Concrete
  • Slate Flooring
  • Travertine

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet

Laundry

  • Gas Dryer
  • Washer

Accessible Home Design

  • Accessible Elevator Installed
  • Accessible Bedroom
  • Central Living Area
  • Accessible Approach with Ramp
  • Accessible Entrance

Eco-Friendly Details

  • Energy Recovery Ventilator

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Ductless Heating Or Cooling System
  • High Efficiency Heating System
  • Radiant Heating System
  • Heating System Mounted To A Wall or Window
  • Hot Water Circulator
  • Water Heater
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 5160600010

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Market On Alki Condominium Condos
  • Alki Subdivision

Amenities

  • Rooftop Deck
  • Community Garden
  • Lobby

Pet Policy

  • Pets Allowed

Security

  • Gated Community
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$17,177

Year Built

Built in 2003

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 34 - Condo (3 Levels)
  • Accessibility Features: Accessible Approach with Ramp, Accessible Bedroom, Accessible Central Living Area, Accessible Elevator Installed, Accessible Entrance
  • Year Built: 2003
  • Inclusions: DoubleOven,Dryer,GarbageDisposal,Refrigerator,StoveRange,TrashCompactor,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Contemporary
  • Building Name: Market on Alki Condominium
  • Unit Levels: Three Or More
  • New Construction: No
  • CalculatedSquareFootage: 5652
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 0
  • RemodeledUpdated: true
  • UnitFeatures: Alarm System,Balcony/Deck/Patio,End Unit,French Doors,Insulated Windows,Penthouse,Primary Bath,Vaulted Ceilings,Walk-in Closet
  • NWM_ExcludedItemsYN: false
  • Special Features: VirtualTour
  • Cumulative Days on Market: 649

Interior Features

  • Fireplaces: 1
  • Appliances: Double Oven, Dryer, Disposal, Refrigerator, Stove/Range, Trash Compactor, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Lower
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Concrete, Hardwood, Slate, Travertine
  • Interior Amenities: Concrete, Hardwood, Balcony/Deck/Patio, Cooking-Gas, Dryer-Gas, Ice Maker, Washer, Fireplace, Water Heater
  • Main Level Bedrooms: 3
  • Stories: 3
  • Bathrooms: 2.5
  • BathsFullMain: 2
  • FireplacesMain: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • FloorNumberOfUnit: 3
  • AppliancesIncluded: Double Oven,Dryer,Garbage Disposal,Refrigerator,Stove/Range,Trash Compactor,Washer
  • StorageLocation: 2nd Floor
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 2

Exterior Features

  • Roof: Metal
  • View: Mountain(s), See Remarks, Sound
  • Lot Features: Alley, Corner Lot, Curbs, Paved, Secluded
  • View: Yes
  • Waterfront: No
  • Direction Faces: Northwest
  • Exterior Features: Cement/Concrete, Metal/Vinyl
  • Structure Type: Multi Family
  • ViewFrom: Unit

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Individual Garage
  • Total Parking Spaces: 3
  • ParkingSpaceNumbers: 2818

Utilities

  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Cooling: Radiant
  • Cooling Y N: Yes
  • Heating: Ductless HP-Mini Split, High Efficiency (Unspecified), Hot Water Recirc Pump, HRV/ERV System, Radiant, Wall Unit(s)
  • Heating Yn: Yes
  • ApplianceHookups: Cooking-Gas,Dryer-Gas,Ice Maker,Washer
  • WaterHeaterLocation: 2nd Floor Utility
  • WaterHeaterType: Gas Boiler with Storage and Recirculator

Condo/Co-op/Association

  • Community Features: Elevator, Fire Sprinklers, Garden Space, Gated, High Speed Int Avail, Lobby Entrance, Outside Entry, Rooftop Deck, See Remarks
  • Senior Community: No
  • Association: No
  • Pets Allowed: Yes
  • Common Interest: Condominium
  • CommonPropertyFeatures: Elevator,Fire Sprinklers,Garden Space,Gated Entry,High Speed Int Avail,Lobby Entrance,Outside Entry,Rooftop Deck,Security Gate,See Remarks

Fee Information

  • Association Fee Includes: See Remarks

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 5160600010
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: Appraisal Measure
  • MLSSquareFootageSource: Public Records

Green Features

  • Efficiency: Insulated Windows
  • Power Production Type: Natural Gas

Rental Info

  • RentalCap: No Rental Cap
  • ShortTermRentalYN: false

Tax Info

  • Year: 2023
  • Tax Annual Amount: 17177

Multi Family

  • Number Of Units In Community: 4
  • EnergySource: Natural Gas
  • UnitsInBuildingTotal: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2023
Closed on
Nov 30, 2023
Sold by
Als Dream Llc
Bought by
Pospisil Craig and Madha Fatima
Seller's Agent
Sharlane Chase
Windermere Real Estate Co.
Buyer's Agent
Cindy Cyr
Realogics Sotheby's Int'l Rlty
List Price
$3,995,000
Sold Price
$3,725,000
Premium/Discount to List
-$270,000
-6.76%
Views
79
Current Estimated Value
$3,877,746

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,746
Avg. Annual Appreciation
-6.20%
Original Mortgage
$2,421,250
Outstanding Balance
$2,391,111
Interest Rate
7.5%
Mortgage Type
Construction
Estimated Equity
$958,233
Source: Public Records

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 Buyer Sale Price Title Company
Pospisil Craig $3,725,000 Cw Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pospisil Craig $2,421,250
Previous Owner Als Dream Llc $2,025,000
Previous Owner Als Dream Llc $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2023 12/22/23 Sold $3,725,000 -6.8% $659 / Sq Ft
10/23/2023 10/23/23 Pending -- -- --
09/07/2023 09/07/23 For Sale $3,995,000 -- $707 / 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 $33,647 $3,507,000 $737,400 $2,769,600
2023 $20,330 $2,102,000 $737,400 $1,364,600
2022 $15,309 $1,965,000 $691,400 $1,273,600
2021 $15,530 $1,603,000 $599,200 $1,003,800
2020 $16,429 $1,552,000 $553,100 $998,900
2018 $16,749 $1,699,000 $460,900 $1,238,100
2017 $15,171 $1,660,000 $437,800 $1,222,200
2016 $15,719 $1,554,000 $414,800 $1,139,200
2015 $16,016 $1,580,000 $414,800 $1,165,200
2014 -- $1,656,000 $414,800 $1,241,200
2013 -- $1,261,000 $414,800 $846,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2157021

Northwest Multiple Listing Service (NWMLS)

APN: 516060-0010