NOT LISTED FOR SALE

2914 E Madison St Unit 209 Seattle, WA 98112

Madison Valley Neighborhood

Estimated Value: $751,000 - $857,000

1 Bed
2 Baths
1,036 Sq Ft
0.3 Acres

Last Sold June 25, 2021

Last sale price $725,000 $700 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,835/month

5 Days on Market

Highlights

  • Territorial View
  • Ceramic Tile Flooring
  • 4-minute walk to Julia Lee's Park
  • McGilvra Elementary School Rated A
  • Dogs and Cats Allowed

About This Home

As of June 2021

Unlike any place in this city, the coveted Madison Lofts combine industrial living w/ beautiful traditional architecture & this unit is spectacular! Upon entry you'll be blown away by the floor to ceiling windows shining onto an open concept living room & updated chef's kitchen. The main floor also features a large laundry room w/ tons of storage, a half bath, & shaded private balcony w/ space to BBQ & enjoy a beverage. Brand new high-end luxury vinyl plank flooring and fresh paint! Air conditioning! Spacious master suite w/ room to work from home and a huge full bath & walk-in closet. Large secured parking spot w/ storage. Very well run HOA, no rental cap, pet friendly! Mins to downtown, 520, & Lake WA! Clean inspection report available.

Last Agent to Sell the Property

Warrick Minnie

RE/MAX Eastside Brokers, Inc. License #5734 Listed on: 06/04/2021

Co-Listed By

Ashley Minnie

RE/MAX Eastside Brokers, Inc. License #130103

Last Buyer's Agent

Luke Bartlett

Windermere Mercer Island License #119165

Windermere Mercer Island

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1785655

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2008

Lot Details

  • 0.3

Parking

  • Common or Shared Parking

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property
  • Territorial Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Listing and Financial Details

  • Assessor Parcel Number 5014800130

Community Details

Overview

  • 20 Units
  • Madison Valley Community

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 30 - Condo (1 Level)
  • Entrance Level: Main
  • Unit Floor Number: 2
  • Year Built: 2008
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Ceramic Tile, Wall To Wall Carpet, S
  • Remodeled: Y
  • Remodeled Updated: Y
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 1.00
  • Bathrooms: 1.50
  • Total Full Bathrooms: 1
  • Total Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Dining Room: Main
  • Kitchen: Main
  • Living Room: Main
  • Storage: Above Parking Spot
  • Estimated Sq Ft: 1036

Exterior Features

  • Exterior: Brick, Cement/Concrete
  • Roof: Flat
  • View: Territorial

Garage/Parking

  • Numberof Assigned Spaces: 1
  • Parking Type: Common Garage
  • Parking Space Number: 22

Utilities

  • Heating And Cooling: Ductless Hp-Mini Split
  • Water Heater: Closet-Gas

Condo/Co-op/Association

  • Numberof Units in Building: 20
  • Numberof Units In Complex: 20
  • HOA Fees: 680
  • Community Name: Madison Valley
  • Project: Madison Lofts
  • Cats And Dogs: Cats Only, Dogs Only
  • Manager Contact Information: Shannin Spencer (425) 562-1200 x130
  • Association Contact: Shannin Spencer (425) 562-1200 x130
  • Common Property Features: Elevator, Fire Sprinklers, High Speed Int Avail, Lobby Entrance, Security Gate
  • Home Owner Dues Included: Earthquake Ins., Garbage, Common Area Maintenance, Security Services, M
  • Unit Features: Balcony/Deck/Patio, Insulated Windows, Master Bath, Vaulted Ceilings, Walk-In Closet

Schools

  • School District: SEA

Lot Info

  • Lot Details: Sidewalk
  • Lot Sq Ft: 13000
  • Parcel Number: 5014800130

Tax Info

  • Tax Amount: 6377

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2021
Closed on
Jun 23, 2021
Sold by
Shukla Smita and Edwards Kellee Colene
Bought by
Schlesinger Joseph John
Seller's Agent
Warrick Minnie
RE/MAX Eastside Brokers, Inc.
Buyer's Agent
Luke Bartlett
Windermere Mercer Island
List Price
$775,000
Sold Price
$725,000
Premium/Discount to List
-$50,000
-6.45%
Current Estimated Value
$806,340

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,340
Avg. Annual Appreciation
2.41%
Original Mortgage
$725,000
Outstanding Balance
$656,397
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$149,943

Purchase Details

Closed on
Oct 31, 2020
Sold by
Shukla Smita
Bought by
Shukla Smita and Edwards Kellee Colene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2010
Sold by
Mds Associates Llc
Bought by
Shukla Smita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,601
Interest Rate
5.5%
Mortgage Type
FHA
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
Schlesinger Joseph John $725,000 Fidelity National Title
Shukla Smita -- Ticor Title
Shukla Smita $399,950 Commonwealth L
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schlesinger Joseph John $725,000
Previous Owner Shukla Smita $333,000
Previous Owner Shukla Smita $386,601
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/25/2021 06/25/21 Sold $725,000 0.0% $700 / Sq Ft
06/09/2021 06/09/21 Pending -- -- --
06/06/2021 06/06/21 Price Changed $725,000 -6.5% $700 / Sq Ft
06/04/2021 06/04/21 For Sale $775,000 -- $748 / 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 $7,335 $783,000 $179,500 $603,500
2023 $7,985 $868,000 $179,500 $688,500
2022 $6,789 $749,000 $143,600 $605,400
2021 $6,336 $756,000 $143,600 $612,400
2020 $6,377 $669,000 $143,600 $525,400
2018 $6,091 $681,000 $110,500 $570,500
2017 $4,786 $628,000 $96,600 $531,400
2016 $4,560 $509,000 $66,300 $442,700
2015 $4,695 $473,000 $63,500 $409,500
2014 -- $499,000 $63,500 $435,500
2013 -- $457,000 $63,500 $393,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1785655

Northwest Multiple Listing Service (NWMLS)

APN: 501480-0130