Listed by Windermere RE/Capitol Hill,Inc, Bought with COMPASS
NOT LISTED FOR SALE

2914 E Madison St Unit 203 Seattle, WA 98112

Madison Valley Neighborhood

Estimated Value: $759,000 - $1,076,000

1 Bed
1.5 Baths
1,032 Sq Ft
$665/mo HOA Fee

Last Sold September 17, 2020

Last sale price $875,000 $848 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $6,205/month

41 Days on Market

Highlights

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

About This Home

As of September 2020

STUNNING, EXQUISITE, SOPHISTICATED AND STRIKING. Amazing true height 2-level LOFT made to last – Concrete/Steel 15’ plus soaring ceiling. Commercial grade window wall and luxurious finishes – wide-plank hardwood floors, stainless steel Monogram appliances, slab countertops and custom cabinetry. Your gateway to the Arboretum and Madison Park with LARGE PRIVATE MAIN FLOOR DECK. Nothing like it in Seattle! Pet friendly and no rental cap.

Last Agent to Sell the Property

Michael Harris

Windermere RE/Capitol Hill,Inc License #50287 Listed on: 07/06/2020

Windermere RE/Capitol Hill,Inc

Last Buyer's Agent

Scott Perret

COMPASS License #49695

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1625556

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,050

Year Built

  • Built in 2008

HOA Fees

  • $665 Monthly HOA Fees

Home Design

  • Modern Architecture
  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 1,032 Sq Ft Home
  • 3-Story Property
  • Insulated Windows
  • Territorial Views

Kitchen

  • Gas Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Engineered Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet

Laundry

  • Electric Dryer
  • Washer

Home Security

Parking

  • 1 Car Garage
  • Common or Shared Parking

Outdoor Features

  • Balcony

Location

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

Schools

  • Mc Gilvra Elementary School
  • Meany Mid Middle School
  • Garfield High School

Utilities

  • Water Heater
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 5014800070

Community Details

Overview

  • Association fees include common area maintenance, garbage, security
  • 23 Units
  • Shannin Spencer Association
  • Secondary HOA Phone (425) 562-1200
  • Madison Lofts Condos
  • Madison Park Subdivision
  • Park Phone (425) 562-1200 | Manager Shannin Spencer
  • Property is near a preserve or public land

Amenities

  • Elevator
  • Lobby

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,050

Year Built

Built in 2008

Lot Details

0

HOA Fees

$665 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 31 - Condo (2 Levels)
  • Year Built: 2008
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Microwave,RangeOven,Refrigerator,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Modern
  • Building Name: Madison Lofts
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 1032
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 2
  • RemodeledUpdated: false
  • UnitFeatures: Balcony/Deck/Patio,Insulated Windows,Primary Bath,Walk-in Closet
  • Special Features: VirtualTour
  • Cumulative Days on Market: 104

Interior Features

  • Appliances: Dryer, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Entry Location: Main
  • Fireplace: No
  • Flooring: Ceramic Tile, Engineered Hardwood, Carpet
  • Interior Amenities: Ceramic Tile, Cooking-Gas, Dryer-Electric, Ice Maker, Washer, Water Heater
  • Stories: 3
  • Bathrooms: 1.5
  • BathsFullMain: 0
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 1
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 1
  • FloorNumberOfUnit: 2
  • StorageNo: 21
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Microwave,Range/Oven,Refrigerator,Washer
  • StorageLocation: Garage Secure Cage in front of parking
  • WindowCoverings: Roll Down Shades

Exterior Features

  • Roof: Flat
  • View: See Remarks, Territorial
  • Lot Features: Adjacent to Public Land, Corner Lot, Curbs, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Brick, Cement/Concrete
  • Structure Type: Multi Family
  • BusLineNearby: true
  • ConstructionMethods: Steel & Concrete
  • BusRouteNumber: 11

Garage/Parking

  • Carport Y N: No
  • Garage Yn: Yes
  • Parking Features: Common Garage
  • Total Parking Spaces: 1
  • ParkingSpaceNumbers: 21

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Security: Security Service
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Electricity Available, Garbage
  • ApplianceHookups: Cooking-Gas,Dryer-Electric,Ice Maker,Washer
  • WaterHeaterLocation: Closet
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Community Features: Elevator, Fire Sprinklers, Lobby Entrance, See Remarks
  • Park Manager Name: Shannin Spencer
  • Park Manager Phone: 425-562-1200
  • Association Fee: 665
  • Association Fee Frequency: Monthly
  • Phone: 425-562-1200
  • AssociationContactName: Shannin Spencer
  • CoOp: false
  • CommonPropertyFeatures: Elevator,Fire Sprinklers,High Speed Int Avail,Lobby Entrance,See Remarks

Fee Information

  • Association Fee Includes: Common Area Maintenance, Garbage, Security

Schools

  • Junior High Dist: Seattle
  • High School: Garfield High
  • Middle Or Junior School: Meany Mid

Lot Info

  • Parcel Number: 5014800070
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSSquareFootageSource: Public Records

Green Features

  • Efficiency: Insulated Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2020
  • Tax Annual Amount: 7050

Multi Family

  • Number Of Units In Community: 23
  • UnitsInBuildingTotal: 23

MLS Schools

  • Elementary School: Mc Gilvra

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2020
Closed on
Sep 11, 2020
Sold by
Bauchman Dena
Bought by
Ong Jay S and Ong Nina
Seller's Agent
Michael Harris
Windermere RE/Capitol Hill,Inc
Buyer's Agent
Scott Perret
COMPASS
List Price
$895,000
Sold Price
$875,000
Premium/Discount to List
-$20,000
-2.23%
Current Estimated Value
$900,260

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,260
Avg. Annual Appreciation
0.58%
Original Mortgage
$656,250
Outstanding Balance
$583,969
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$316,291

Purchase Details

Closed on
Jul 28, 2009
Sold by
Mds Associates Llc
Bought by
Bauchman Dena
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
Ong Jay S $875,000 Cw Title
Bauchman Dena $475,000 Commonwealth L
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ong Jay S $656,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2020 09/17/20 Sold $875,000 -2.2% $848 / Sq Ft
08/16/2020 08/16/20 Pending -- -- --
07/06/2020 07/06/20 For Sale $895,000 -- $867 / 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 $8,071 $863,000 $178,700 $684,300
2023 $6,754 $955,000 $178,700 $776,300
2022 $7,531 $817,000 $142,900 $674,100
2021 $6,941 $840,000 $142,900 $697,100
2020 $7,050 $734,000 $142,900 $591,100
2018 $6,712 $756,000 $109,900 $646,100
2017 $5,203 $693,000 $96,200 $596,800
2016 $5,044 $554,000 $65,900 $488,100
2015 $5,075 $524,000 $63,200 $460,800
2014 -- $540,000 $63,200 $476,800
2013 -- $494,000 $63,200 $430,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1625556

Northwest Multiple Listing Service (NWMLS)

APN: 501480-0070