Listed by Windermere Real Estate Midtown, Bought with Windermere Real Estate Co.
NOT LISTED FOR SALE

2914 E Madison St Unit 201 Seattle, WA 98112

Madison Valley Neighborhood

Estimated Value: $756,000 - $886,000

1 Bed
1.5 Baths
962 Sq Ft
$749/mo HOA Fee

Last Sold August 04, 2022

Last sale price $905,000 $941 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $5,852/month

15 Days on Market

Highlights

  • Gated Community
  • Property is near public transit
  • Modern Architecture
  • McGilvra Elementary School Rated A
  • Territorial View
  • 4-minute walk to Julia Lee's Park

About This Home

As of August 2022

Sophistication, style and quality abound in this stunning modern loft in the heart of Madison Valley. Floor to ceiling windows bathe the spaces in light and highlight savvy design and sleek finishes. The main floor layout showcases wide open spaces that flow seamlessly outdoors to an epic and private lanai. Upstairs the gracious primary suite awaits with a tranquil 4 piece bath and walk in closet. Concrete and steel building, two secure parking spaces and additional storage. Nestled amongst some of Seattle's premier amenities and mere steps to the Arboretum. Just blocks to Lake Washington, downtown and freeways. Truly a rare find in one of the area's most sought after buildings!

Last Agent to Sell the Property

Max Wurzburg

Windermere Real Estate Midtown License #71845 Listed on: 06/16/2022

Windermere Real Estate Midtown

Last Buyer's Agent

Robert Johnson

Windermere Real Estate Co. License #118776

Windermere Real Estate Co.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1953386

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,151

Year Built

  • Built in 2008

Lot Details

  • North Facing Home
  • Sprinkler System

HOA Fees

  • $749 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Common or Shared Parking

Home Design

  • Modern Architecture
  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 962 Sq Ft Home
  • 3-Story Property
  • Territorial Views

Kitchen

  • Oven or Range
  • Stove
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Patio

Location

  • Property is near public transit
  • Property is near a bus stop

Utilities

  • Mini Split Air Conditioners
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 5014800050

Community Details

Overview

  • Association fees include central hot water, common area maintenance, garbage, lawn service, sewer, water
  • 20 Units
  • Shannin Spenver Association
  • Secondary HOA Phone (425) 562-1200
  • Madison Lofts Condomium Condos
  • Madison Valley Subdivision
  • Park Phone (425) 562-1200 | Manager Shannin Spencer

Amenities

  • Elevator
  • Lobby

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Gated Community
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,151

Year Built

Built in 2008

Lot Details

0

HOA Fees

$749 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 31 - Condo (2 Levels)
  • Year Built: 2008
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Modern
  • Building Name: Madison Lofts Condomium
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 962
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 0
  • UnitFeatures: Balcony/Deck/Patio,Primary Bath,Sprinkler System,Walk-in Closet
  • Special Features: VirtualTour
  • Cumulative Days on Market: 1,148

Interior Features

  • Appliances: Dishwasher, Dryer, Disposal, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Entry Location: Main
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate, Laminate, Carpet
  • Interior Amenities: Ductless HP-Mini Split, Ceramic Tile, Wall to Wall Carpet, Laminate, Laminate Hardwood, Balcony/Deck/Patio
  • Main Level Bedrooms: 1
  • Stories: 3
  • Bathrooms: 1.5
  • BathsFullMain: 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: 2
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Refrigerator,Stove/Range,Washer
  • StorageLocation: Garage

Exterior Features

  • Roof: Flat
  • View: Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Direction Faces: North
  • Exterior Features: Brick
  • Structure Type: Multi Family
  • BusLineNearby: true
  • ViewFrom: Unit

Garage/Parking

  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Common Garage
  • Total Parking Spaces: 2

Utilities

  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Electricity Available, Common Area Maintenance, Garbage
  • HeatingCoolingType: Ductless HP-Mini Split

Condo/Co-op/Association

  • Community Features: Elevator, Fire Sprinklers, Gated, High Speed Int Avail, Lobby Entrance, Gated
  • Park Manager Name: Shannin Spencer
  • Park Manager Phone: 425-562-1200
  • Senior Community: No
  • Association Fee: 749
  • Association Fee Frequency: Monthly
  • Phone: 425-562-1200
  • Association: Yes
  • Pets Allowed: Subj to Restrictions
  • AssociationContactName: Shannin Spenver
  • CoOp: false
  • CommonPropertyFeatures: Elevator,Fire Sprinklers,Gated Entry,High Speed Int Avail,Lobby Entrance,Security Gate

Fee Information

  • Association Fee Includes: Central Hot Water, Common Area Maintenance, Garbage, Lawn Service, Sewer, Water

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 5014800050
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Public Records
  • MLSSquareFootageSource: KCR

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • RentalCap: No Rental Cap

Tax Info

  • Year: 2022
  • Tax Annual Amount: 7151

Multi Family

  • Number Of Units In Community: 20
  • EnergySource: Electric
  • UnitsInBuildingTotal: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2022
Closed on
Jul 20, 2022
Sold by
Damiano Daly James Drew
Bought by
Locascio Michael and Aikala Olivia Leilani
Seller's Agent
Max Wurzburg
Windermere Real Estate Midtown
Buyer's Agent
Robert Johnson
Windermere Real Estate Co.
List Price
$925,000
Sold Price
$905,000
Premium/Discount to List
-$20,000
-2.16%
Current Estimated Value
$828,450

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$76,550
Avg. Annual Appreciation
-2.83%
Original Mortgage
$905,000
Outstanding Balance
$866,325
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
-$37,875

Purchase Details

Closed on
Apr 23, 2020
Sold by
Daly James P and Donovick Kristine
Bought by
Daly James Drew Damiano

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$606,750
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 2018
Sold by
Noski Paul R
Bought by
Daly James P and Donovick Kristine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$612,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
May 19, 2016
Closed on
Jul 21, 2016
Sold by
Johnson John and Johnson John W
Bought by
Noski Paul R
Seller's Agent
Sabrina Booth
Windermere Real Estate Co.
Buyer's Agent
Kay Rigley
Windermere RE Greenwood
List Price
$635,000
Sold Price
$625,000
Premium/Discount to List
-$10,000
-1.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.14%
Original Mortgage
$500,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 16, 2009
Sold by
Mds Associates Llc
Bought by
Johnson John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
5.59%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Locascio Michael $905,000 First American Title
Daly James Drew Damiano -- Cw Title
Daly James P $765,000 Ticor Title
Noski Paul R $625,000 Ticor National
Johnson John $475,000 Commonwealth L
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Locascio Michael $905,000
Previous Owner Daly James Drew Damiano $606,750
Previous Owner Daly James P $612,000
Previous Owner Noski Paul R $500,000
Previous Owner Anderson Janet Elaine $390,000
Previous Owner Johnson John W $348,000
Previous Owner Johnson John $375,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2022 08/04/22 Sold $905,000 -2.2% $941 / Sq Ft
07/01/2022 07/01/22 Pending -- -- --
06/16/2022 06/16/22 For Sale $925,000 +48.0% $962 / Sq Ft
07/22/2016 07/22/16 Sold $625,000 -1.6% $650 / Sq Ft
06/11/2016 06/11/16 Pending -- -- --
05/19/2016 05/19/16 For Sale $635,000 -- $660 / 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 $7,492 $800,000 $166,400 $633,600
2023 $6,299 $882,000 $166,400 $715,600
2022 $7,151 $761,000 $133,100 $627,900
2021 $6,532 $797,000 $133,100 $663,900
2020 $6,774 $690,000 $133,100 $556,900
2018 $6,253 $701,000 $102,400 $598,600
2017 $4,897 $645,000 $89,600 $555,400
2016 $4,560 $521,000 $61,400 $459,600
2015 $4,528 $473,000 $58,900 $414,100
2014 -- $481,000 $58,900 $422,100
2013 -- $451,000 $58,900 $392,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1953386

Northwest Multiple Listing Service (NWMLS)

APN: 501480-0050