Listed by COMPASS, Bought with Real Broker LLC
$325,000
SOLD NOV 6, 2024

308 Summit Ave E Unit 406 Seattle, WA 98102

Capitol Hill Neighborhood
1 Bed
1 Bath
616 Sq Ft
$550/mo HOA Fee

Recently Sold

$528 Per Sq Ft

9% Below List Price

116 Days on Market

Highlights

  • City View
  • 0.28 Acre Lot
  • Property is near public transit
  • Garfield High School Rated A
  • Contemporary Architecture
  • 1-minute walk to Thomas Street Mini Park

About This Home

As of November 2024

Welcome to your serene escape in the heart of the city! This inviting 1BR home blends vibrant city life w/ a tranquil retreat. Bathed in natural light + featuring open-concept living that overlooks lush foliage in an array of greens + classic red brick. Unwind on the westerly-facing deck w/ Olympic Mountain + Space Needle views. Conveniently located near First Hill, Downtown + SLU w/ easy access to public transit, commuting is a breeze. Includes off-street parking + storage unit. No rental cap + pets ok! Enjoy quintessential Capitol Hill living just blocks from renowned eateries, eclectic boutiques + lively nightlife while savoring the peace + quiet of Summit Ave. Capitalize on this amazing value opportunity - your urban oasis awaits!

Last Agent to Sell the Property

Rachel McMillan

COMPASS License #127837 Listed on: 06/28/2024

COMPASS

Last Buyer's Agent

Michael Dapper

Real Broker LLC License #20110859

Real Broker LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2258460

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,159

Year Built

  • Built in 1967

HOA Fees

  • $550 Monthly HOA Fees

Property Views

  • City
  • Mountain
  • Territorial

Home Design

  • 616 Sq Ft Home
  • Contemporary Architecture
  • Flat Roof Shape
  • Composition Roof
  • Wood Siding
  • Wood Composite

Kitchen

  • Electric Oven or Range
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Ceramic Tile
  • Vinyl Plank

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Bathroom on Main Level
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Uncovered Parking
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Baseboard Heating
  • Water Heater

Additional Features

  • West Facing Home
  • Property is near public transit

Listing and Financial Details

Community Details

Overview

  • Association fees include common area maintenance, sewer, water
  • 27 Units
  • Agynbyte Association
  • Secondary HOA Phone (425) 747-0146
  • Alpine Villa Condos
  • Capitol Hill Subdivision
  • Park Phone (425) 747-0146 | Manager Agynbyte
  • 5-Story Property

Amenities

  • Laundry Facilities
  • Elevator
  • Lobby

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,159

Year Built

Built in 1967

Lot Details

0

HOA Fees

$550 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 1967
  • Buyer Agency Compensation: 2.5
  • Inclusions: Dishwasher(s),Microwave(s),Refrigerator(s),Stove(s)/Range(s)
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Contemporary
  • Building Name: Alpine Villa
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 616
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 2
  • RemodeledUpdated: true
  • UnitFeatures: Balcony/Deck/Patio
  • SOCComments: Thank you for your hard work!
  • NWM_ExcludedItemsYN: false
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2258460?w=Consumer&agent=113595
  • Special Features: None
  • Cumulative Days on Market: 366

Interior Features

  • Appliances: Dishwasher(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s)
  • Full Bathrooms: 1
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Flooring: Ceramic Tile, Vinyl Plank
  • Interior Amenities: Balcony/Deck/Patio, Ceramic Tile, Cooking-Electric, Water Heater
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Stories: 5
  • Bathrooms: 1
  • BathsFullMain: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • FloorNumberOfUnit: 4
  • StorageNo: 406
  • AppliancesIncluded: Dishwasher(s),Microwave(s),Refrigerator(s),Stove(s)/Range(s)
  • StorageLocation: Floor 1
  • WindowCoverings: Yes
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 1

Exterior Features

  • Roof: Composition, Flat
  • View: City, Mountain(s), Territorial
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Direction Faces: West
  • Exterior Features: Wood, Wood Products
  • Structure Type: Multi Family
  • BusLineNearby: true
  • ViewFrom: Unit

Garage/Parking

  • Carport Y N: No
  • Parking Features: Off Street, Uncovered
  • Total Parking Spaces: 1
  • ParkingSpaceNumbers: 26

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • ApplianceHookups: Cooking-Electric
  • WaterHeaterLocation: Living Area Closet
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Community Features: Elevator, Laundry Room, Lobby Entrance
  • Park Manager Name: Agynbyte
  • Park Manager Phone: 425-747-0146
  • Senior Community: No
  • Association Fee: 550
  • Association Fee Frequency: Monthly
  • Phone: 425-747-0146
  • Association: Yes
  • Pets Allowed: Subj to Restrictions
  • Common Interest: Condominium
  • AssociationContactName: Agynbyte
  • CoOp: false
  • CommonPropertyFeatures: Elevator,Laundry Room,Lobby Entrance

Fee Information

  • Association Fee Includes: Common Area Maintenance, Sewer, Water
  • NWM_OtherDuesOrFeesYN: false

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 0193250200
  • Lot Size Acres: 0.276
  • Lot Size Sq Ft: 12021
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist

Green Features

  • Power Production Type: Electric

Rental Info

  • RentalCap: No Rental Cap
  • ShortTermRentalYN: false

Tax Info

  • Year: 2024
  • Tax Annual Amount: 3159

Multi Family

  • Number Of Units In Community: 27
  • EnergySource: Electric
  • UnitsInBuildingTotal: 27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2024
Closed on
Nov 4, 2024
Sold by
Powell Elizabeth A and Blasi Elizabeth Powell
Bought by
Emerton John
Seller's Agent
Rachel McMillan
COMPASS
Buyer's Agent
Michael Dapper
Real Broker LLC
List Price
$359,000
Sold Price
$325,000
Premium/Discount to List
-$34,000
-9.47%
Views
65
Current Estimated Value
$345,234

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,234
Avg. Annual Appreciation
8.05%

Purchase Details

Closed on
Mar 19, 1992
Sold by
Westlake William and Westlake Lucille
Bought by
Powell Elizabeth A
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $325,000 None Listed On Document
Warranty Deed $68,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $168,000 Credit Line Revolving
Previous Owner $83,500 Credit Line Revolving
Previous Owner $56,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2024 11/06/24 Sold $325,000 -1.4% $528 / Sq Ft
10/22/2024 10/22/24 Pending -- -- --
10/16/2024 10/16/24 Price Changed $329,500 -7.2% $535 / Sq Ft
09/06/2024 09/06/24 Price Changed $355,000 -1.1% $576 / Sq Ft
09/02/2024 09/02/24 For Sale $359,000 0.0% $583 / Sq Ft
08/28/2024 08/28/24 Pending -- -- --
07/25/2024 07/25/24 Price Changed $359,000 -3.0% $583 / Sq Ft
06/28/2024 06/28/24 For Sale $370,000 -- $601 / 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 $3,021 $316,000 $164,400 $151,600
2023 $3,159 $337,000 $164,400 $172,600
2022 $3,125 $319,000 $156,200 $162,800
2021 $3,378 $343,000 $156,200 $186,800
2020 $3,455 $353,000 $164,400 $188,600
2018 $3,008 $352,000 $141,800 $210,200
2017 $2,694 $307,000 $145,900 $161,100
2016 $2,453 $284,000 $51,300 $232,700
2015 $2,330 $252,000 $51,300 $200,700
2014 -- $245,000 $51,300 $193,700
2013 -- $197,000 $51,300 $145,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2258460

Northwest Multiple Listing Service (NWMLS)

APN: 019325-0200