Listed by Windermere West Metro, Bought with COMPASS
NOT LISTED FOR SALE

3018 62nd Ave SW Unit 3 Seattle, WA 98116

Alki Neighborhood

Estimated Value: $764,000 - $900,000

3 Beds
2 Baths
1,712 Sq Ft
7,405 Sq Ft Lot

Last Sold January 18, 2019

Last sale price $635,000 $371 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $4,842/month

94 Days on Market

Highlights

  • Wood Flooring
  • Modern Architecture
  • Wood Siding
  • Alki Elementary School Rated A-
  • 1 Fireplace
  • 4-minute walk to Alki Beach Park

About This Home

As of January 2019

Huge town home with an opportunity for rental income! Open & spacious living with vaulted ceilings, huge windows and spacious rooms. The lower level easily lives like a mother-in-law unit with space for all and a private entry! Great opportunity for an AirBnb! Assigned parking with a guest space and a large community courtyard for a peaceful happy hour and the beach breeze. Fresh paint, new carpeting, new windows and a newer roof. No rental cap, strong HOA! Enjoy beach life!

Last Agent to Sell the Property

Natalie English

Windermere West Metro License #75243 Listed on: 08/24/2018

Windermere West Metro

Last Buyer's Agent

Emily Austin

COMPASS License #125519

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1351299

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,055

Year Built

  • Built in 1988

Lot Details

  • 7,405

Parking

  • Off-Street Parking

Home Design

  • Modern Architecture
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3-Story Property
  • 1 Fireplace

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Laundry

  • Dryer
  • Washer

Listing and Financial Details

  • Assessor Parcel Number 0147000030

Community Details

Overview

  • 4 Units
  • Alki Community

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,055

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 32 - Townhouse
  • Architecture: Modern
  • Year Built: 1988
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Hardwood, Wall To Wall Carpet
  • Remodeled: Y
  • Remodeled Updated: Y
  • Appliance Hookups: Cooking-Electric, Washer
  • Appliances That Stay: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Bedrooms: 3.00
  • Lower Level Bedroom: 1
  • Bathrooms: 2.00
  • Total Full Bathrooms: 1
  • Total Half Bathrooms: 2
  • Lower Level Half Bathrooms: 2
  • Fireplace Type: Wood
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Dining Room: Main
  • Kitchen: Main
  • Living Room: Main
  • Estimated Sq Ft: 1712

Exterior Features

  • Exterior: Wood
  • Roof: Composition

Garage/Parking

  • Numberof Assigned Spaces: 1
  • Parking Type: Off Street
  • Parking Space Number: 3

Utilities

  • Heating And Cooling: Forced Air

Condo/Co-op/Association

  • Numberof Units in Building: 4
  • Numberof Units In Complex: 4
  • HOA Fees: 335
  • Community Name: Alki
  • Project: Alki Muse
  • Cats And Dogs: No Restrictions
  • Manager Contact Information: Assocaites West (206) 938-5633
  • Association Contact: Chris Brooks (206) 938-5633
  • Home Owner Dues Included: Earthquake Ins., Concierge
  • Unit Features: Balcony/Deck/Patio, Vaulted Ceilings

Schools

  • Elementary School: Alki
  • Middle School: Madison Mid
  • High School: West Seattle High
  • School District: SEA

Lot Info

  • Lot Details: Alley, Paved Street, Sidewalk
  • Lot Sq Ft: 7388
  • Parcel Number: 0147000030

Tax Info

  • Tax Amount: 4335

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2018
Closed on
Jan 10, 2019
Sold by
Laurence Jill E
Bought by
Kress Nancy Anne and Skillingstead John Anthony
Seller's Agent
Natalie English
Windermere West Metro
Buyer's Agent
Emily Austin
COMPASS
List Price
$650,000
Sold Price
$635,000
Premium/Discount to List
-$15,000
-2.31%
Current Estimated Value
$818,005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,005
Avg. Annual Appreciation
3.85%
Original Mortgage
$381,000
Outstanding Balance
$335,653
Interest Rate
4.7%
Estimated Equity
$482,352

Purchase Details

Closed on
May 12, 2017
Sold by
Gale Graham J and Jeremia Grace B
Bought by
Laurence Jill E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$576,650
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 27, 2006
Sold by
Jeremia Grace B
Bought by
Gale Graham J and Jeremia Grace B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
6.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 1997
Sold by
Wallace Steve E and Wallace Michele K
Bought by
Jeremia Grace B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,950
Interest Rate
7.63%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 3, 1995
Sold by
Sellers Kristina W
Bought by
Wallace Steve E and Wallace Michele K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
9.21%

Purchase Details

Closed on
Mar 11, 1992
Sold by
Johnston Bruce
Bought by
Sellers Kristina W
Source: Public Records

Range of Values:

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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
Kress Nancy Anne $635,000 Ticor Title
Laurence Jill E $607,000 Chicago Title
Gale Graham J -- Ticor National
Jeremia Grace B $169,950 Chicago Title Ins Co
Wallace Steve E $150,000 Chicago Title Insurance Co
Sellers Kristina W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kress Nancy Anne $381,000
Previous Owner Laurence Jill E $576,650
Previous Owner Gale Graham J $165,000
Previous Owner Jeremia Grace B $160,950
Previous Owner Wallace Steve E $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2019 01/18/19 Sold $635,000 -2.3% $371 / Sq Ft
11/26/2018 11/26/18 Pending -- -- --
10/25/2018 10/25/18 For Sale $650,000 +2.4% $380 / Sq Ft
10/25/2018 10/25/18 Off Market $635,000 -- --
10/08/2018 10/08/18 Price Changed $650,000 -3.7% $380 / Sq Ft
09/27/2018 09/27/18 Price Changed $675,000 -1.5% $394 / Sq Ft
09/12/2018 09/12/18 Price Changed $685,000 -2.1% $400 / Sq Ft
08/24/2018 08/24/18 For Sale $700,000 -- $409 / 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 $6,055 $613,000 $156,900 $456,100
2023 $5,221 $651,000 $156,900 $494,100
2022 $5,652 $598,000 $129,200 $468,800
2021 $5,882 $601,000 $110,800 $490,200
2020 $6,025 $597,000 $110,800 $486,200
2018 $4,335 $535,000 $101,500 $433,500
2017 $3,717 $426,000 $101,500 $324,500
2016 $3,237 $376,000 $101,500 $274,500
2015 $3,018 $318,000 $101,500 $216,500
2014 -- $304,000 $92,300 $211,700
2013 -- $251,000 $92,300 $158,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1351299

Northwest Multiple Listing Service (NWMLS)

APN: 014700-0030