Listed by KW Greater Seattle, Bought with Windermere Real Estate Co.
NOT LISTED FOR SALE

2820 E Madison St Unit 501 Seattle, WA 98112

Madison Valley Neighborhood

Estimated Value: $597,000 - $841,000

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

Last Sold March 18, 2016

Last sale price $490,000 $514 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $4,004/month

6 Days on Market

Highlights

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

About This Home

As of March 2016

Located in Madison Valley, this top floor corner unit’s high ceilings & abundance of windows allow for lots of natural light & views of the valley. Open floor plan w/ outside deck. Kitchen offers bar seating ideal for cooking & entertaining. Spa-like bathroom with ceramic floors, skylight, and ample storage. Close proximity to restaurants, cafes, boutiques, specialty shops, arboretum and Madison Park beaches. Minutes from Capitol Hill, downtown, & The University.

Last Agent to Sell the Property

Matthew Warmack

KW Greater Seattle License #26295 Listed on: 02/11/2016

KW Greater Seattle

Last Buyer's Agent

Kevin O'Doherty

Windermere Real Estate Co. License #73557

Windermere Real Estate Co.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM893241

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,722

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

Laundry

  • Dryer
  • Washer

Listing and Financial Details

  • Assessor Parcel Number 5010100140

Community Details

Overview

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

Pet Policy

  • Pet Restriction
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,722

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: 5
  • Year Built: 2003
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliance Hookups: Cooking-Electric, Dryer-Electric, Ice Maker
  • 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
  • Storage: Hallway to right of condo
  • Storage Number: ID w/ tag on door
  • Estimated Sq Ft: 954

Exterior Features

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

Garage/Parking

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

Utilities

  • Heating And Cooling: Baseboard, Forced Air
  • Water Heater: Laundry Closet-Electric

Condo/Co-op/Association

  • Numberof Units in Building: 16
  • Numberof Units In Complex: 16
  • HOA Fees: 270
  • Community Name: Madison Park
  • Project: Madison East Condominium
  • Cats And Dogs: Cats Only, Dogs Only, Subj To Restrictions
  • Manager Contact Information: Self Managed
  • Association Contact: Michelle Mole (206) 618-9258
  • 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, Skylights, Top Floor, Vaulted Ceilings

Schools

  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify
  • School District: SEA

Lot Info

  • Lot Details: Curbs, Paved Street, Sidewalk
  • Lot Sq Ft: 8863
  • Parcel Number: 5010100140

Tax Info

  • Tax Amount: 3469

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2016
Closed on
Mar 10, 2016
Sold by
Leitzelar Brian and Leitzelar Lisa
Bought by
King Matt
Seller's Agent
Matthew Warmack
KW Greater Seattle
Buyer's Agent
Kevin O'Doherty
Windermere Real Estate Co.
List Price
$490,000
Sold Price
$490,000
Current Estimated Value
$662,545

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,545
Avg. Annual Appreciation
3.21%
Original Mortgage
$392,000
Outstanding Balance
$310,986
Interest Rate
3.72%
Mortgage Type
Commercial
Estimated Equity
$351,559

Purchase Details

Closed on
Nov 29, 2010
Sold by
Peters Judith E
Bought by
Leitzelar Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
4.17%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 18, 2003
Sold by
East Madison Partners Llc
Bought by
Peters Judith E and Revocable Living Trust Of Judith E Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
5.89%
Mortgage Type
Commercial
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
King Matt $490,000 First American
Leitzelar Brian $330,000 Commonwealth L
Peters Judith E $279,000 Fidelity Natio
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open King Matt $392,000
Previous Owner Leitzelar Brian $264,000
Previous Owner Peters Judith E $170,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/18/2016 03/18/16 Sold $490,000 0.0% $514 / Sq Ft
02/18/2016 02/18/16 Pending -- -- --
02/11/2016 02/11/16 For Sale $490,000 -- $514 / 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 $158,900 $449,100
2023 $4,615 $607,000 $158,900 $448,100
2022 $4,675 $554,000 $127,100 $426,900
2021 $4,862 $517,000 $127,100 $389,900
2020 $5,884 $511,000 $127,100 $383,900
2018 $4,568 $559,000 $97,800 $461,200
2017 $4,109 $469,000 $85,600 $383,400
2016 $3,552 $436,000 $58,700 $377,300
2015 $3,469 $367,000 $56,200 $310,800
2014 -- $367,000 $56,200 $310,800
2013 -- $307,000 $56,200 $250,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM893241

Northwest Multiple Listing Service (NWMLS)

APN: 501010-0140