Listed by KW Greater Seattle, Bought with AgencyOne
NOT LISTED FOR SALE

2820 E Madison St Unit 403 Seattle, WA 98112

Madison Valley Neighborhood

Estimated Value: $606,000 - $837,000

2 Beds
1 Bath
965 Sq Ft
8,712 Sq Ft Lot

Last Sold June 15, 2016

Last sale price $552,000 $572 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $4,069/month

4 Days on Market

Highlights

  • Contemporary Architecture
  • Territorial View
  • Dogs and Cats Allowed
  • McGilvra Elementary School Rated A
  • Bamboo Flooring
  • 3-minute walk to Julia Lee's Park

About This Home

As of June 2016

Located in the heart of Madison Valley this 2 bed/1 bath corner-unit condo has an abundance of windows offering natural light & valley views in fun boutique building. Rare city living w/ 2 parking spots (1 oversized). Open floor plan w/ spacious living room & wrap-around outdoor deck - perfect for upcoming summer entertaining. Kitchen w/ convection oven, SS appliances, cork floors, & ample bar seating. W/D in unit. Close to restaurants, boutiques, arboretum, & Madison Park beaches.

Last Agent to Sell the Property

Matthew Warmack

KW Greater Seattle License #26295 Listed on: 05/19/2016

KW Greater Seattle

Last Buyer's Agent

Pamela Vanek

AgencyOne License #116359

AgencyOne

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM944879

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2003

Lot Details

  • 8,712

Parking

  • Common or Shared Parking

Property Views

  • Territorial Views

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Wood Siding
  • Vinyl Construction Material

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Bamboo
  • Wall to Wall Carpet

Laundry

  • Dryer
  • Washer

Listing and Financial Details

  • Assessor Parcel Number 5010100120

Community Details

Overview

  • 16 Units
  • Madison Valley Community
  • 5-Story Property

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 30 - Condo (1 Level)
  • Architecture: Contemporary
  • Entrance Level: Main
  • Unit Floor Number: 4
  • Year Built: 2003
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Bamboo/Cork, Wall To Wall Carpet
  • Appliance Hookups: Cooking-Electric, Dryer-Electric, Washer
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 1.00
  • Total Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Master Bedroom: Main
  • Dining Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Storage: 4th Floor
  • Storage Number: Tag #403
  • Estimated Sq Ft: 965

Exterior Features

  • Exterior: Metal/Vinyl, Wood
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Numberof Assigned Spaces: 2
  • Parking Type: Common Garage
  • Parking Space Number: 2 & 9

Utilities

  • Heating And Cooling: Baseboard, Forced Air, Window Unit A/C
  • Water Heater: Laundry Closet-Electric

Condo/Co-op/Association

  • Numberof Units in Building: 16
  • Numberof Units In Complex: 16
  • HOA Fees: 272
  • Community Name: Madison Valley
  • Project: Madison East Condominiums
  • Cats And Dogs: Cats Only, Dogs Only, Subj To Restrictions
  • Manager Contact Information: Self Managed
  • Common Property Features: Cable Tv, Elevator, Fire Sprinklers, High Speed Int Avail, Lobby Entrance, Security Gate
  • Home Owner Dues Included: Garbage, Water/Sewer, Common Area Maintenance
  • Unit Features: Balcony/Deck/Patio, End Unit, Insulated Windows

Schools

  • School District: SEA

Lot Info

  • Lot Details: Curbs, Paved Street, Sidewalk
  • Lot Sq Ft: 8836
  • Parcel Number: 5010100120

Tax Info

  • Tax Amount: 3478

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2016
Closed on
Jun 9, 2016
Sold by
Gotsch Kenneth and Gotsch Lynne
Bought by
Stevenson William Alexander
Seller's Agent
Matthew Warmack
KW Greater Seattle
Buyer's Agent
Pamela Vanek
AgencyOne
List Price
$510,000
Sold Price
$552,000
Premium/Discount to List
$42,000
8.24%
Current Estimated Value
$687,037

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,037
Avg. Annual Appreciation
2.37%
Original Mortgage
$414,000
Outstanding Balance
$185,558
Interest Rate
3.61%
Mortgage Type
Commercial
Estimated Equity
$505,299

Purchase Details

Listed on
Dec 18, 2013
Closed on
Jan 29, 2014
Sold by
Dempsey Michael F
Bought by
Gotsch Kenneth and Gotsch Lynne
Seller's Agent
Samuel Hilbert
Windermere RE/Capitol Hill,Inc
Buyer's Agent
Eric Premo
COMPASS
List Price
$374,950
Sold Price
$372,500
Premium/Discount to List
-$2,450
-0.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.97%
Original Mortgage
$298,000
Interest Rate
2.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 22, 2003
Sold by
East Madison Partners Llc
Bought by
Dempsey Michael F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,290
Interest Rate
5.97%
Mortgage Type
Commercial
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
Stevenson William Alexander $552,000 First American
Gotsch Kenneth $372,500 Fidelity Natio
Dempsey Michael F $259,500 Fidelity Natio
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stevenson William Alexander $414,000
Previous Owner Gotsch Kenneth $298,000
Previous Owner Dempsey Michael F $233,290
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/15/2016 06/15/16 Sold $552,000 +8.2% $572 / Sq Ft
05/24/2016 05/24/16 Pending -- -- --
05/19/2016 05/19/16 For Sale $510,000 +36.9% $528 / Sq Ft
01/30/2014 01/30/14 Sold $372,500 -0.7% $386 / Sq Ft View Prior Sale
01/13/2014 01/13/14 Pending -- -- --
12/18/2013 12/18/13 For Sale $374,950 -- $389 / 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 $5,722 $608,000 $160,700 $447,300
2023 $4,688 $599,000 $160,700 $438,300
2022 $4,710 $563,000 $128,500 $434,500
2021 $4,964 $521,000 $128,500 $392,500
2020 $6,060 $522,000 $128,500 $393,500
2018 $4,625 $571,000 $98,900 $472,100
2017 $4,257 $475,000 $86,500 $388,500
2016 $3,638 $452,000 $59,300 $392,700
2015 $3,478 $376,000 $56,800 $319,200
2014 -- $368,000 $56,800 $311,200
2013 -- $314,000 $56,800 $257,200
Source: Public Records

Agents Affiliated with this Home

  • Matthew Warmack

    Seller's Agent in 2016

    Matthew Warmack

    KW Greater Seattle

    (206) 250-2757

    117 Total Sales

    Matthew Warmack
    Section Image
  • Pamela Vanek

    Buyer's Agent in 2016

    Pamela Vanek

    AgencyOne Realty

    (206) 550-2375

    31 Total Sales

    Pamela Vanek
    Section Image
  • Samuel Hilbert

    Seller's Agent in 2014

    Samuel Hilbert

    Windermere Corporate

    (206) 395-8767

    27 Total Sales

    Samuel Hilbert
    Section Image
  • Eric Premo

    Buyer's Agent in 2014

    Eric Premo

    Avenue Properties

    (206) 915-9490

    1 in this area

    108 Total Sales

    Eric Premo
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM944879

Northwest Multiple Listing Service (NWMLS)

APN: 501010-0120

Washington King County Seattle 98112 Madison Valley

2820 E Madison St Unit 403, Seattle, WA

Not Listed for Sale

Condos

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Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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