Listed by Windermere Real Estate/East, Bought with The Agency Seattle
NOT LISTED FOR SALE

2914 E Madison St Unit 302 Seattle, WA 98112

Madison Valley Neighborhood

Estimated Value: $866,000 - $878,000

1 Bed
1.5 Baths
1,035 Sq Ft
0.3 Acres Lot

Sale Details

Date Sold: June 8, 2022

Last sale price $1,020,000 $986 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $6,079 / mo

5 Days on Market

Highlights

  • Unit is on the top floor
  • City View
  • Modern Architecture
  • McGilvra Elementary School Rated A
  • Engineered Wood Flooring
  • 4-minute walk to Julia Lee's Park

About This Home

As of June 2022

Dreaming of living steps away from the Arboretum? This is a rarely available top-floor park-side floorplan in highly coveted Madison Lofts, a boutique building like no other. Last condo with this floorplan sold over 5 years ago! Featuring the highest quality concrete & steel construction + an unbeatable location in the heart of Madison Valley. This polished, spacious two-story loft is full of upgrades: gleaming hardwoods, chef’s kitchen with custom Henrybuilt island, A/C, Poliform built-ins, new carpet, motorized blackout shades, & more. Soaring 17 foot windows invite natural light & tranquil views inside. Magnificent private rooftop deck extends your living space & surrounds you with elegant, lush landscaping + amazing views. Welcome home!

Last Agent to Sell the Property

Marion Holder

Windermere Real Estate/East License #114001 Listed on: 05/12/2022

Windermere Real Estate/East

Last Buyer's Agent

Jake Neuman

The Agency Seattle License #125906

The Agency Seattle

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1931785

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,606

Year Built

  • Built in 2008

Lot Details

  • Northwest Facing Home
  • Sprinkler System

HOA Fees

  • $806 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Common or Shared Parking

Property Views

  • City
  • Territorial

Home Design

  • Modern Architecture
  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 1,035 Sq Ft Home
  • 3-Story Property
  • Insulated Windows

Kitchen

  • Oven or Range
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Engineered Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Patio

Location

  • Unit is on the top floor

Schools

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

Utilities

  • Mini Split Air Conditioners
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number 5014800160

Community Details

Overview

  • Association fees include common area maintenance, earthquake insurance, garbage, lawn service, gas, sewer, water
  • 20 Units
  • Shannin Spencer Association
  • Secondary HOA Phone (425) 562-1200
  • Madison Lofts 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

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,606

Year Built

Built in 2008

Lot Details

0.3 Acres

HOA Fees

$806 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 31 - Condo (2 Levels)
  • Year Built: 2008
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Microwave,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Modern
  • Building Name: Madison Lofts
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 1035
  • SeniorExemption: false
  • DwellingType: Attached
  • UnitFeatures: Balcony/Deck/Patio,Insulated Windows,Primary Bath,Sprinkler System,Top Floor,Walk-in Closet
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Location: Main
  • Fireplace: No
  • Flooring: Ceramic Tile, Engineered Hardwood, Carpet
  • Interior Amenities: Ductless HP-Mini Split, Ceramic Tile, Wall to Wall Carpet, Balcony/Deck/Patio, Water Heater
  • Stories: 3
  • BathsFullMain: 0
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullLower: 0
  • BathsFullUpper: 1
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 1
  • StorageNo: N/A
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Microwave,Refrigerator,Stove/Range,Washer
  • StorageLocation: In Front of Parking Space in Garage
  • WindowCoverings: Motorized Blackout Shades

Exterior Features

  • Roof: Flat
  • View: City, Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Direction Faces: Northwest
  • Exterior Features: Brick
  • Structure Type: Multi Family
  • ViewFrom: Rooftop Deck,Unit

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Elevator, Fire Sprinklers, Lobby Entrance
  • Park Manager Name: Shannin Spencer
  • Park Manager Phone: 425-562-1200
  • Senior Community: No
  • Association Fee: 806
  • Association Fee Frequency: Monthly
  • Phone: 425-562-1200
  • Association: Yes
  • Pets Allowed: Subj to Restrictions
  • Common Interest: Condominium
  • AssociationContactName: Shannin Spencer
  • CoOp: false
  • CommonPropertyFeatures: Elevator,Fire Sprinklers,Lobby Entrance

Fee Information

  • Association Fee Includes: Common Area Maintenance, Earthquake Insurance, Garbage, Lawn Service, Gas, Sewer, Water

Schools

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

Lot Info

  • Parcel Number: 5014800160
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true

Green Features

  • Efficiency: Insulated Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • RentalCap: No Rental Cap
  • ShortTermRentalYN: false

Tax Info

  • Year: 2021
  • Tax Annual Amount: 6606

Multi Family

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

MLS Schools

  • Elementary School: Mc Gilvra

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2022
Closed on
Jun 1, 2022
Sold by
Gavin Ledson
Bought by
Roth Emily
Seller's Agent
Marion Holder
Windermere Real Estate/East
Buyer's Agent
Jake Neuman
The Agency Seattle
List Price
$978,000
Sold Price
$1,020,000
Premium/Discount to List
$42,000
4.29%
Current Estimated Value
$871,398

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$148,602
Avg. Annual Appreciation
-3.96%
Original Mortgage
$647,200
Outstanding Balance
$519,208
Interest Rate
4.31%
Mortgage Type
Balloon
Estimated Equity
$352,190

Purchase Details

Closed on
Jul 31, 2021
Sold by
Ledson Katherine and Ledson Gavin
Bought by
Ledson Gavin

Purchase Details

Closed on
Oct 23, 2017
Sold by
Cope Alexander R and Cope Debby L
Bought by
Ledson Katherine H and Ledson Gavin C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$589,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 12, 2016
Closed on
Oct 17, 2016
Sold by
Lee Tao Min
Bought by
Cope Alexander R and Cope Debby L
Seller's Agent
Mark Corcoran
Windermere Real Estate Midtown
Buyer's Agent
Phillip Belenky
Ensemble
List Price
$700,000
Sold Price
$672,500
Premium/Discount to List
-$27,500
-3.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.76%

Purchase Details

Closed on
Jul 23, 2008
Sold by
Mds Associates Llc
Bought by
Lee Tao Min

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.41%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Roth Emily $1,020,000 First American Title
Ledson Gavin -- None Available
Ledson Katherine H $737,500 Ticor Title
Cope Alexander R $672,500 Rainier Title
Lee Tao Min $529,950 Commonwealth L
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roth Emily $647,200
Previous Owner Ledson Katherine H $589,000
Previous Owner Lee Tao Min $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/08/2022 06/08/22 Sold $1,020,000 +4.3% $986 / Sq Ft
05/17/2022 05/17/22 Pending -- -- --
05/12/2022 05/12/22 For Sale $978,000 +45.4% $945 / Sq Ft
10/24/2016 10/24/16 Sold $672,500 -0.4% $650 / Sq Ft View Prior Sale
10/13/2016 10/13/16 Pending -- -- --
10/12/2016 10/12/16 Price Changed $675,000 -1.5% $652 / Sq Ft
10/05/2016 10/05/16 Price Changed $685,000 -2.1% $662 / Sq Ft
09/12/2016 09/12/16 For Sale $700,000 -- $676 / 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 $7,841 $838,000 $179,100 $658,900
2023 $6,453 $935,000 $179,100 $755,900
2022 $7,221 $780,000 $143,300 $636,700
2021 $6,606 $805,000 $143,300 $661,700
2020 $6,810 $698,000 $143,300 $554,700
2018 $6,502 $722,000 $110,200 $611,800
2017 $4,944 $671,000 $96,400 $574,600
2016 $4,788 $526,000 $66,100 $459,900
2015 $4,899 $497,000 $63,300 $433,700
2014 -- $521,000 $63,300 $457,700
2013 -- $470,000 $63,300 $406,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1931785

Northwest Multiple Listing Service (NWMLS)

APN: 501480-0160

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