NOT LISTED FOR SALE

3121 Franklin Ave E Unit 21 Seattle, WA 98102

Portage Bay Neighborhood

Estimated Value: $311,568 - $392,000

Studio
1 Bath
512 Sq Ft
4,051 Sq Ft Lot

Last Sold August 16, 2021

Last sale price $290,000 $566 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,003/month

12 Days on Market

Highlights

  • Wood Flooring
  • Montlake Elementary School Rated A
  • 4-minute walk to Fairview Park

About This Home

As of August 2021

In the heart of Portage Bay & Eastlake, you will find the Ives, a lovely 1928 Condo. This unique light-filled corner unit sits just above the tree canopy giving you the feel of a treehouse. With original metal & glass windows, hardwoods, period details like coved ceilings, wood trim, built-in nooks, & Murphy bed that hides behind French doors. Ample storage with a walk-in closet w/ custom shelving. Extra storage, bike storage, & free laundry in the basement. Just a block to cafes, restaurants, parks & Lake Union and Portage Bay for paddle boarding & kayaking. Close to SLU, DT, Gas Works, UW, & Burke Gilman Trail. Easy access to #70 and #49 bus & non-permit street parking. Bike Score of 86, & Walk Score of 74! Pet Friendly & low HOA dues.

Last Agent to Sell the Property

Forrest Moody

Redfin License #26642 Listed on: 07/02/2021

Redfin

Last Buyer's Agent

Katie Rorbach

KW Greater Seattle License #20118989

KW Greater Seattle

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1795651

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1928

Lot Details

  • 4,051

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property
  • Wood Flooring

Listing and Financial Details

  • Assessor Parcel Number 3634600060

Community Details

Overview

  • 13 Units
  • Eastlake Community

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 30 - Condo (1 Level)
  • Entrance Level: Main
  • Year Built: 1928
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Hardwood
  • Appliances That Stay: Refrigerator
  • Bathrooms: 1.00
  • Total Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Dining Room: Main
  • Kitchen: Main
  • Living Room: Main
  • Storage Number: 21
  • Estimated Sq Ft: 512
  • Window Coverings: Wood blinds

Exterior Features

  • Exterior: Brick
  • Roof: Flat

Condo/Co-op/Association

  • Numberof Units in Building: 13
  • HOA Fees: 318
  • Community Name: Eastlake
  • Project: Ives Condominiums
  • Cats And Dogs: No Restrictions
  • Association Contact: Cathie Koll (206) 361-1087
  • Common Property Features: Laundry Room
  • Home Owner Dues Included: Earthquake Ins., Garbage, Water/Sewer, Common Area Maintenance, Security Services, Lawn Service
  • Unit Features: End Unit

Schools

  • School District: SEA

Lot Info

  • Lot Details: Paved Street, Sidewalk
  • Parcel Number: 3634600060

Tax Info

  • Tax Amount: 2736

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2021
Closed on
Aug 13, 2021
Sold by
Astro Aurea A
Bought by
Shen Olivia Li
Seller's Agent
Forrest Moody
Redfin
Buyer's Agent
Katie Rorbach
KW Greater Seattle
List Price
$279,000
Sold Price
$290,000
Premium/Discount to List
$11,000
3.94%
Current Estimated Value
$344,142

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,142
Avg. Annual Appreciation
3.94%
Original Mortgage
$232,000
Outstanding Balance
$210,960
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$133,182

Purchase Details

Listed on
Sep 7, 2017
Closed on
Oct 11, 2017
Sold by
Clagett Barbara J
Bought by
Astro Aurea A
Seller's Agent
Vicki Seelig
Wilson Realty Exchange, Inc.
Buyer's Agent
Ben Stanfield
Redfin
List Price
$249,900
Sold Price
$267,500
Premium/Discount to List
$17,600
7.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.13%
Original Mortgage
$125,000
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2001
Sold by
Rushton Susan
Bought by
Clagett Barbara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
7.15%

Purchase Details

Closed on
Jul 12, 2000
Sold by
Noland Frederick Luke and Rushton Susan
Bought by
Rushton Susan
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Shen Olivia Li $290,000 Wfg Natl Ttl Co Of Wa Llc
Astro Aurea A $267,500 First American Title Ins Co
Clagett Barbara J $128,500 First American
Rushton Susan -- Washington Title
Rushton Susan $138,500 Washington Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shen Olivia Li $232,000
Previous Owner Astro Aurea A $125,000
Previous Owner Clagett Barbara J $45,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/16/2021 08/16/21 Sold $290,000 +3.9% $566 / Sq Ft
07/14/2021 07/14/21 Pending -- -- --
07/02/2021 07/02/21 For Sale $279,000 +4.3% $545 / Sq Ft
10/13/2017 10/13/17 Sold $267,500 +7.0% $522 / Sq Ft View Prior Sale
09/18/2017 09/18/17 Pending -- -- --
09/07/2017 09/07/17 For Sale $249,900 -- $488 / 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 $2,668 $283,000 $81,200 $201,800
2023 $2,129 $295,000 $81,200 $213,800
2022 $2,086 $255,000 $67,500 $187,500
2021 $2,315 $230,000 $67,500 $162,500
2020 $2,736 $243,000 $75,700 $167,300
2018 $2,384 $276,000 $49,500 $226,500
2017 $1,777 $245,000 $44,000 $201,000
2016 $1,573 $188,000 $30,300 $157,700
2015 $1,500 $162,000 $30,300 $131,700
2014 -- $158,000 $30,300 $127,700
2013 -- $162,000 $30,300 $131,700
Source: Public Records

Agents Affiliated with this Home

  • Katie Rorbach

    Buyer's Agent in 2021

    Katie Rorbach

    KW Greater Seattle

    (520) 808-5695

    1 in this area

    47 Total Sales

    Katie Rorbach
    Section Image

  • V

    Seller's Agent in 2017

    Vicki Seelig

    Wilson Realty Exchange, Inc.

    (206) 367-0200

    4 Total Sales

    Vicki Seelig
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1795651

Northwest Multiple Listing Service (NWMLS)

APN: 363460-0060

Washington King County Seattle 98102 Portage Bay

3121 Franklin Ave E Unit 21, Seattle, WA

Not Listed for Sale

Condos

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Northwest Multiple Listing Service (NWMLS) 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. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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