Listed by COMPASS, Bought with YourSeattleHomeTeam.com, Inc.
NOT LISTED FOR SALE

2820 E Madison St Unit 503 Seattle, WA 98112

Madison Valley Neighborhood

Estimated Value: $533,357 - $794,000

1 Bed
1 Bath
872 Sq Ft
8,886 Sq Ft Lot

Last Sold February 25, 2013

Last sale price $297,500 $341 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $3,639/month

184 Days on Market

Highlights

  • Craftsman Architecture
  • Territorial View
  • 3-minute walk to Julia Lee's Park
  • McGilvra Elementary School Rated A
  • Bamboo Flooring

About This Home

As of February 2013

This spectacular top floor home perches above Madison Valley's restaurants, quaint stores & a vibrant neighborhood. Home boasts a beautiful wrap around deck with beautiful views of the area. Magnificent vaulted ceilings help give this home a feeling of spaciousness: Cork floor, granite counter tops and stainless steel appliances appoint the open kitchen with breakfast bar. An oversized bedroom has space for a bed and a den area.Fantastic storage, secured parking to boot.

Last Agent to Sell the Property

Mark Petrak

COMPASS License #11248 Listed on: 07/24/2012

COMPASS

Co-Listed By

Jon Hunter

John L. Scott, Inc. License #50323

Last Buyer's Agent

Estella Petersen

YourSeattleHomeTeam.com, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM385565

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2003

Lot Details

  • 8,886

Parking

  • Common or Shared Parking

Property Views

  • Territorial
  • Limited

Home Design

  • Craftsman Architecture
  • Composition Roof
  • Wood Composite

Interior Spaces

  • Blinds

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Bamboo
  • Wall to Wall Carpet
  • Ceramic Tile

Listing and Financial Details

  • Assessor Parcel Number 5010100160

Community Details

Overview

  • 16 Units
  • 5-Story Property

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Condominium

Year Built

Built in 2003

Lot Details

8,886 Sq Ft Lot

Listing Details

  • Property Type: Condominium
  • Style: Condo (1 Level)
  • Architecture: Craftsman
  • Entrance Level: Main
  • Unit Floor Number: 5
  • Year Built: 2003
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Floor Covering: Bamboo/Cork, Ceramic Tile, Wall To Wall Carpet
  • Appliance Hookups: Cooking-Electric, Cooking-Gas, Dryer-Electric, Washer
  • Appliances That Stay: Dishwasher, Garbage Disposal, Microwave, Range/Oven, Refrigerator
  • Bedrooms: 1.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 1.00
  • Total Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Master Bedroom: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Storage: On same floor
  • Storage Number: 3
  • Estimated Sq Ft: 872
  • Window Coverings: Blinds

Exterior Features

  • Exterior: Wood Products
  • Roof: Composition
  • View: Partial, Territorial

Garage/Parking

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

Utilities

  • Heating And Cooling: Baseboard, Forced Air
  • Water Heater: closet-electric

Condo/Co-op/Association

  • Numberof Units in Building: 16
  • Numberof Units In Complex: 16
  • HOA Fees: 210
  • Cats And Dogs: Subj To Restrictions
  • Manager Contact Information: Michelle (206) 328-5848
  • Common Property Features: Elevator, Fire Sprinklers, Lobby Entrance
  • Home Owner Dues Included: Garbage, Water/Sewer
  • Unit Features: Balcony/Deck/Patio, End Unit, Insulated Windows, Penthouse, Top Floor, Vaulted Ceilings

Schools

  • School District: SEA

Lot Info

  • Parcel Number: 5010100160

Tax Info

  • Tax Amount: 2968

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2012
Closed on
Jan 31, 2013
Sold by
Merken Stefan and Merken Betty
Bought by
Berend Ivan and Katalin Radics Revocable T
Seller's Agent
Mark Petrak
COMPASS
Buyer's Agent
Estella Petersen
YourSeattleHomeTeam.com, Inc.
List Price
$297,500
Sold Price
$297,500
Current Estimated Value
$613,589

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$316,089
Avg. Annual Appreciation
5.70%

Purchase Details

Closed on
Dec 30, 2003
Sold by
Merken Stefan David
Bought by
Merken Betty

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
4.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 22, 2003
Sold by
East Madison Partners Llc
Bought by
Merken Betty

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
4.25%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Berend Ivan $297,500 Rainier Title
Merken Betty -- Fidelity Natio
Merken Betty $265,000 Fidelity Natio
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Merken Betty $212,000
Closed Merken Betty $39,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/25/2013 02/25/13 Sold $297,500 0.0% $341 / Sq Ft
01/25/2013 01/25/13 Pending -- -- --
07/24/2012 07/24/12 For Sale $297,500 -- $341 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

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 $5,354 $568,000 $145,100 $422,900
2023 $4,314 $567,000 $145,100 $421,900
2022 $4,384 $517,000 $116,100 $400,900
2021 $4,573 $484,000 $116,100 $367,900
2020 $5,552 $480,000 $116,100 $363,900
2018 $4,290 $522,000 $89,300 $432,700
2017 $3,850 $440,000 $78,100 $361,900
2016 $3,306 $408,000 $53,600 $354,400
2015 $3,200 $341,000 $51,300 $289,700
2014 -- $338,000 $51,300 $286,700
2013 -- $283,000 $51,300 $231,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM385565

Northwest Multiple Listing Service (NWMLS)

APN: 501010-0160

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