NOT LISTED FOR SALE

2960 Eastlake Ave E Unit 407 Seattle, WA 98102

Eastlake Neighborhood

Estimated Value: $483,984 - $621,000

1 Bed
1 Bath
801 Sq Ft
0.54 Acres

Last Sold December 22, 2020

Last sale price $480,000 $599 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,279/month

38 Days on Market

Highlights

  • Lake View
  • Contemporary Architecture
  • Corner Lot
  • Montlake Elementary School Rated A
  • Wood Flooring
  • 3-minute walk to Fairview Park

About This Home

As of December 2020

An exquisite urban home! Designed to bring in light & capture breathtaking views of Lake Union & Olympic mountains. One of the best run condominiums in Seattle. Gourmet kitchen w/ gas stove, granite counters, stainless appls. opens to dining/living area & private balcony. Remodeled spa-inspired bath. Beautiful shared courtyard w/ gardens maintained by Seattle Urban Gardens provides organic produce for residents year round. Designated parking in gated garage. No rental cap. Pet friendly bldg.

Last Agent to Sell the Property

Monica McCormick

Windermere RE/Capitol Hill,Inc License #109269 Listed on: 10/11/2020

Windermere RE/Capitol Hill,Inc

Last Buyer's Agent

Michelle Markwood

Windermere RE Greenwood License #47019

Windermere RE Greenwood

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1676463

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,686

Year Built

  • Built in 2008

Lot Details

  • 0.54

Parking

  • Common or Shared Parking

Property Views

  • Lake
  • Mountain
  • Territorial

Home Design

  • Contemporary Architecture
  • Flat Roof Shape
  • Vinyl Construction Material

Interior Spaces

  • 4-Story Property

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Listing and Financial Details

  • Assessor Parcel Number 7459970530

Community Details

Overview

  • 52 Units
  • Eastlake Community

Pet Policy

  • Pets allowed on a case-by-case basis
  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,686

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 30 - Condo (1 Level)
  • Architecture: Contemporary
  • Entrance Level: Main
  • Unit Floor Number: 4
  • Year Built: 2008
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Ceramic Tile, Hardwood, Wall To Wall Carpet
  • Remodeled: Y
  • Remodeled Updated: Y
  • Appliance Hookups: Cooking-Gas, Dryer-Electric, Washer
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • 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: 4th Floor
  • Estimated Sq Ft: 801

Exterior Features

  • Exterior: Cement/Concrete, Metal/Vinyl
  • Roof: Flat
  • View: Lake, Mountain, Territorial

Garage/Parking

  • Numberof Assigned Spaces: 1
  • Parking Type: Common Garage
  • Parking Space Number: 8

Utilities

  • Heating And Cooling: Wall
  • Water Heater: Closet in bath-Electric

Condo/Co-op/Association

  • Numberof Units in Building: 52
  • Numberof Units In Complex: 52
  • HOA Fees: 350
  • Community Name: Eastlake
  • Project: Ruby Condominiums
  • Cats And Dogs: Subj To Restrictions
  • Manager Contact Information: Ryan Ruppert (206) 686-2026
  • Common Property Features: Cable Tv, Elevator, Fire Sprinklers, High Speed Int Avail, Lobby Entrance, Security Gate
  • Home Owner Dues Included: Earthquake Ins., Garbage, Common Area Maintenance
  • Unit Features: Balcony/Deck/Patio, Insulated Windows, Top Floor, Walk-In Closet

Schools

  • School District: SEA

Lot Info

  • Lot Details: Corner Lot, Curbs, Paved Street, Sidewalk
  • Parcel Number: 7459970530

Tax Info

  • Tax Amount: 5007

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2020
Closed on
Dec 9, 2020
Sold by
Schram Sandra Lee and Douvis Peter
Bought by
Mendenhall Timothy O
Seller's Agent
Monica McCormick
Windermere RE/Capitol Hill,Inc
Buyer's Agent
Michelle Markwood
Windermere RE Greenwood
List Price
$521,550
Sold Price
$480,000
Premium/Discount to List
-$41,550
-7.97%
Current Estimated Value
$530,996

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,996
Avg. Annual Appreciation
1.75%
Original Mortgage
$456,000
Outstanding Balance
$410,625
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$110,175

Purchase Details

Closed on
May 27, 2020
Sold by
Andreas Douvis Peter
Bought by
Lee Schram Sandra

Purchase Details

Listed on
Aug 24, 2018
Closed on
Oct 15, 2018
Sold by
Lutz Helmut H and Lutz Brigitte M
Bought by
Schram Sandra Lee and Douvis Peter Andreas
Seller's Agent
Sandy Russo
Associates Network, Inc.
Buyer's Agent
Monica McCormick
Windermere RE/Capitol Hill,Inc
List Price
$525,000
Sold Price
$500,000
Premium/Discount to List
-$25,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.60%
Original Mortgage
$300,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 22, 2009
Sold by
Allison Condos Llc
Bought by
Lutz Helmut H and Lutz Brigitte M
Source: Public Records

Range of Values:

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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
Mendenhall Timothy O $480,000 Cw Title
Lee Schram Sandra -- None Available
Schram Sandra Lee $500,000 Wfg National Title Company O
Lutz Helmut H $309,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mendenhall Timothy O $456,000
Previous Owner Schram Sandra Lee $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2020 12/22/20 Sold $480,000 -3.8% $599 / Sq Ft
11/18/2020 11/18/20 Pending -- -- --
11/15/2020 11/15/20 Price Changed $499,000 -4.3% $623 / Sq Ft
10/11/2020 10/11/20 For Sale $521,550 +4.3% $651 / Sq Ft
10/18/2018 10/18/18 Sold $500,000 -4.8% $624 / Sq Ft
09/18/2018 09/18/18 Pending -- -- --
08/24/2018 08/24/18 For Sale $525,000 -- $655 / 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 $4,686 $498,000 $142,100 $355,900
2023 $3,999 $521,000 $142,100 $378,900
2022 $4,097 $481,000 $128,300 $352,700
2021 $4,488 $454,000 $128,300 $325,700
2020 $5,007 $473,000 $118,400 $354,600
2018 $4,303 $530,000 $84,900 $445,100
2017 $3,641 $443,000 $78,900 $364,100
2016 $3,207 $387,000 $45,400 $341,600
2015 $3,466 $332,000 $45,400 $286,600
2014 -- $368,000 $45,400 $322,600
2013 -- $295,000 $45,400 $249,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1676463

Northwest Multiple Listing Service (NWMLS)

APN: 745997-0530