NOT LISTED FOR SALE

308 Summit Ave E Unit 503 Seattle, WA 98102

Capitol Hill Neighborhood

Estimated Value: $647,000 - $717,012

2 Beds
1 Bath
1,331 Sq Ft
0.28 Acres

Last Sold April 09, 2018

Last sale price $852,000 $640 Per Sq Ft

Est. 21% decrease in value since last sale

Current estimated payment $4,041/month

7 Days on Market

Highlights

  • Views of a Sound
  • Traditional Architecture
  • 1-minute walk to Thomas Street Mini Park
  • Garfield High School Rated A
  • 1 Fireplace

About This Home

As of April 2018

Come home to wide open spaces, SW corner penthouse unit, vaulted ceiling, views of city, sound and Olympics. 5'X40' deck. Spacious kitchen, quartz counters. Unit remodeled, updated baths, kitchen and flooring. Building extensively updated the past few years, new windows, siding, and roof. Strong condo assoc. ($250k reserves). Walk score of 97% with instant access to downtown, light rail station 4 blocks, plus all that Capitol Hill has to offer. Straight pull in to large covered parking space.

Last Agent to Sell the Property

DaviD Neth

Coldwell Banker Danforth License #37271 Listed on: 03/01/2018

Coldwell Banker Danforth

Last Buyer's Agent

John Lange

Skyline Properties, Inc. License #25684

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1248715

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,908

Year Built

  • Built in 1967

Lot Details

  • 0.28

Parking

  • Carport

Property Views

  • Views of a Sound
  • City
  • Mountain

Home Design

  • Traditional Architecture
  • Flat Roof Shape
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 1 Bathroom
  • 1 Fireplace

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Listing and Financial Details

  • Assessor Parcel Number 0193250240

Community Details

Overview

  • Capitol Hill Community
  • 5-Story Property

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,908

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 30 - Condo (1 Level)
  • Architecture: Traditional
  • Entrance Level: Main
  • Unit Floor Number: 5
  • Year Built: 1967
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Remodeled: Y
  • Remodeled Updated: Y
  • Appliance Hookups: Cooking-Electric
  • Appliances That Stay: Dishwasher, Garbage Disposal, Microwave, Range/Oven, Refrigerator
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 1.75
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Master Bedroom: Main
  • Fireplace Type: Wood
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Dining Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Storage: by elevator
  • Storage Number: 503
  • Estimated Sq Ft: 1331
  • Window Coverings: shades,top up bottom down

Exterior Features

  • Construction Methods: Standard Frame
  • Exterior: Cement Planked
  • Roof: Composition, Flat
  • View: City, Mountain, Sound

Garage/Parking

  • Numberof Assigned Spaces: 1
  • Parking Type: Carport
  • Parking Space Number: 15

Utilities

  • Heating And Cooling: Forced Air, Wall
  • Water Heater: closet-electric

Condo/Co-op/Association

  • Numberof Units In Complex: 27
  • HOA Fees: 844
  • Community Name: Capitol Hill
  • Project: Alpine Villa
  • Cats And Dogs: Subj To Restrictions
  • Association Contact: M. Charvet
  • Common Property Features: Disabled Access, Elevator, Lobby Entrance
  • Home Owner Dues Included: Earthquake Ins., Garbage, Water/Sewer, Common Area Maintenance, Lawn Service
  • Unit Features: Balcony/Deck/Patio, Disabled Access, End Unit, Insulated Windows, Master Bath, Penthouse, Top Floor, Vaulted Ceilings, Walk-In Closet

Schools

  • School District: SEA

Lot Info

  • Lot Details: Paved Street, Sidewalk
  • Lot Sq Ft: 12021
  • Parcel Number: 0193250240

Tax Info

  • Tax Amount: 5753

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2018
Closed on
Apr 4, 2018
Sold by
Lauck Michael J
Bought by
Lange Robert
Seller's Agent
DaviD Neth
Coldwell Banker Danforth
Buyer's Agent
John Lange
Skyline Properties, Inc.
List Price
$749,000
Sold Price
$852,000
Premium/Discount to List
$103,000
13.75%
Current Estimated Value
$676,753

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$175,247
Avg. Annual Appreciation
-3.00%
Original Mortgage
$681,600
Outstanding Balance
$574,549
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$102,204

Purchase Details

Listed on
Jun 6, 2012
Closed on
Aug 8, 2012
Sold by
Brand Deborah C and Probst Mark
Bought by
Lauck Michael J
Seller's Agent
Kevin Gaspari
Windermere Real Estate Co.
Buyer's Agent
DaviD Neth
Coldwell Banker Danforth
List Price
$387,900
Sold Price
$387,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.94%
Original Mortgage
$349,110
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2008
Sold by
Lindberg Craig W
Bought by
Brand Deborah C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,000
Interest Rate
6.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 16, 2006
Sold by
Kimball Stuart L
Bought by
Stuart Lewis Kimball Revocable Living Tr

Purchase Details

Closed on
Jun 9, 1989
Sold by
Borrone Elizabeth J
Bought by
Kimball Stuart L
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
Lange Robert $852,000 First American Title Insuran
Lauck Michael J $387,900 First American
Brand Deborah C $380,000 Rainier Title
Stuart Lewis Kimball Revocable Living Tr -- None Available
Kimball Stuart L $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lange Robert $681,600
Previous Owner Lauck Michael J $349,110
Previous Owner Brand Deborah C $342,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/09/2018 04/09/18 Sold $852,000 +13.8% $640 / Sq Ft
03/09/2018 03/09/18 Pending -- -- --
03/01/2018 03/01/18 For Sale $749,000 +93.1% $563 / Sq Ft
08/16/2012 08/16/12 Sold $387,900 0.0% $291 / Sq Ft View Prior Sale
07/13/2012 07/13/12 Pending -- -- --
06/06/2012 06/06/12 For Sale $387,900 -- $291 / 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 $5,908 $630,000 $399,300 $230,700
2023 $5,144 $667,000 $399,300 $267,700
2022 $6,136 $621,000 $379,300 $241,700
2021 $6,339 $684,000 $379,300 $304,700
2020 $6,233 $671,000 $399,300 $271,700
2018 $5,753 $686,000 $344,400 $341,600
2017 $5,274 $594,000 $354,300 $239,700
2016 $4,862 $563,000 $124,700 $438,300
2015 $5,158 $506,000 $124,700 $381,300
2014 -- $550,000 $124,700 $425,300
2013 -- $431,000 $124,700 $306,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1248715

Northwest Multiple Listing Service (NWMLS)

APN: 019325-0240