Seller's Agent in 2022
Cathy Jeney
Paragon Real Estate Advisors
(206) 595-5557
4 in this area
27 Total Sales
Listed by Paragon Real Estate Advisors
301 E Roy St Seattle, WA 98102
Capitol Hill NeighborhoodEstimated Value: $937,000 - $12,883,840
Studio
6
Baths
33,179
Sq Ft
$208/Sq Ft
Est. Value
Highlights
- 0.37 Acre Lot
- No HOA
- Wood Siding
- Garfield High School Rated A
About This Home
As of May 2022Built in 1966 the Velo Apartments consists of 48 1BD units and a single 2BD unit. The building was originally constructed and registered as condominiums which shows in its high-end building features such as copper plumbing, in-unit hot water tanks, elevator service, and ample on-site parking.The current ownership had a new TPO/PVC roof installed in 2018. In recent years the units have been upgraded tastefully and most offer stone kitchen countertops with coordinating designer backsplashes and stainless-steel appliances giving each unit a modern feel. Each home is spacious featuring laminate hardwood or vinyl plank flooring and abundant windows offering stunning views.
Last Agent to Sell the Property
Paragon Real Estate Advisors License #18893 Listed on: 02/09/2022
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 1886576
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $148,837
Year Built
- Built in 1966
Lot Details
- 0.37 Acre Lot
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Poured Concrete
- Wood Siding
- Wood Composite
Interior Spaces
- 33,179 Sq Ft Home
- Laminate Flooring
Parking
- 42 Parking Spaces
- 14 Covered Spaces
- Open Parking
Community Details
- No Home Owners Association
- Capitol Hill Subdivision
- 6-Story Property
Listing and Financial Details
- Assessor Parcel Number 5217200005
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 9, 2022
Closed on
May 19, 2022
Sold by
Cameron Velo Llc
Bought by
301 Velo Llc
Seller's Agent
Cathy Jeney
Paragon Real Estate Advisors
List Price
$15,190,000
Sold Price
$14,250,000
Premium/Discount to List
-$940,000
-6.19%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,339,580
Avg. Annual Appreciation
-17.26%
Original Mortgage
$7,088,000
Outstanding Balance
$6,733,446
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$176,974
Purchase Details
Closed on
Sep 15, 2014
Sold by
Cre Velo Llc
Bought by
Cre Velo Partners Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,358,200
Interest Rate
4.09%
Purchase Details
Closed on
Sep 5, 2014
Sold by
Cre Velo Llc
Bought by
Cameron Velo Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,358,200
Interest Rate
4.09%
Purchase Details
Closed on
Jun 22, 2012
Sold by
The Mavis Group Llc
Bought by
Cre Velo Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,900,000
Interest Rate
3.74%
Purchase Details
Closed on
Jul 2, 2007
Sold by
Mavis Lp
Bought by
The Mavis Group Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,900,000
Interest Rate
6.41%
Purchase Details
Closed on
Jan 1, 1997
Sold by
Orr Doris Fowler and Fowler Earl Eugene
Bought by
Mavis Ltd Partnership
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 301 Velo Llc | $14,241,425 | Fidelity National Title | |
| Cre Velo Partners Llc | -- | Fidelity | |
| Cameron Velo Llc | $12,490,200 | Fidelity | |
| Cre Velo Llc | $8,762,750 | First American | |
| The Mavis Group Llc | $8,105,100 | First American | |
| Mavis Ltd Partnership | -- | -- | |
| Mavis Ltd Partnership | -- | -- | |
| Mavis Ltd Partnership | -- | -- | |
| Mavis Property Management Llc | -- | -- | |
| Mavis Property Management Llc | -- | -- | |
| Orr Doris Fowler | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 301 Velo Llc | $7,088,000 | |
| Previous Owner | Cre Velo Partners Llc | $2,358,200 | |
| Previous Owner | Cameron Velo Llc | $2,358,200 | |
| Previous Owner | Cre Velo Llc | $5,900,000 | |
| Previous Owner | The Mavis Group Llc | $5,900,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/23/2022 05/23/22 | Sold | $14,250,000 | -6.2% | $429 / Sq Ft |
| 03/09/2022 03/09/22 | Pending | -- | -- | -- |
| 02/09/2022 02/09/22 | For Sale | $15,190,000 | -- | $458 / 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 | $113,470 | $11,958,000 | $5,190,400 | $6,767,600 |
| 2023 | $132,617 | $14,332,000 | $5,190,400 | $9,141,600 |
| 2022 | $142,177 | $15,956,000 | $4,703,800 | $11,252,200 |
| 2021 | $148,837 | $15,774,000 | $4,703,800 | $11,070,200 |
| 2020 | $144,630 | $15,694,000 | $5,514,800 | $10,179,200 |
| 2018 | $113,359 | $13,963,000 | $3,244,000 | $10,719,000 |
| 2017 | $108,165 | $11,625,000 | $3,244,000 | $8,381,000 |
| 2016 | $87,054 | $11,479,000 | $1,946,400 | $9,532,600 |
| 2015 | $76,072 | $8,984,000 | $1,784,200 | $7,199,800 |
| 2014 | -- | $8,025,000 | $1,784,200 | $6,240,800 |
| 2013 | -- | $7,000,000 | $1,784,200 | $5,215,800 |
Source: Public Records
Agents Affiliated with this Home
-
Cathy Jeney
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 1886576
APN: 521720-0005
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2026 NWMLS.
Based on information submitted to the MLS GRID
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