Listed by Lake & Company, Bought with COMPASS
NOT LISTED FOR SALE

3151 Alki Ave SW Unit 5 Seattle, WA 98116

Alki Neighborhood

Estimated Value: $516,000 - $590,000

2 Beds
1 Bath
731 Sq Ft
1955 Built

Last Sold May 16, 2018

Last sale price $456,000 $624 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,284/month

6 Days on Market

Highlights

  • Views of a Sound
  • Property is near public transit
  • Ground Level Unit
  • Alki Elementary School Rated A-
  • Bamboo Flooring
  • 4-minute walk to Constellation Park

About This Home

As of May 2018

Southwest facing double unit at Lighthouse Point! This is the largest unit and patio space in the complex, with incredible views of Puget Sound, historic lighthouse and officer quarters. Lightly lived in, with concrete quartz countertops, solid cabinets, and stainless appliances. Bamboo floors throughout. Spacious master, and second bedroom that makes a perfect guest space and/or den/home office. Ground floor, just steps from assigned parking and storage. No rental cap, and no pet restrictions!

Last Agent to Sell the Property

Justin Mellon

Lake & Company License #80676 Listed on: 04/27/2018

Lake & Company

Co-Listed By

John Blacksmith

Lake & Company License #30414

Last Buyer's Agent

Kathryn Heathcote

COMPASS License #127363

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1281636

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,886

Year Built

  • Built in 1955

Home Design

  • Flat Roof Shape

Interior Spaces

  • 731 Sq Ft Home
  • 3-Story Property
  • Blinds
  • Bamboo Flooring
  • Views of a Sound

Kitchen

  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Open Parking

Outdoor Features

  • Balcony
  • Patio

Location

  • Ground Level Unit
  • Property is near public transit

Utilities

  • Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Disabled Access
  • Open Space

Listing and Financial Details

  • Assessor Parcel Number 4311000050

Community Details

Overview

  • Association fees include common area maintenance, garbage, water/sewer
  • 39 Units
  • Lighthouse Point Condos
  • Alki Subdivision
  • Park Phone (206) 938-0999 | Manager Randal Berg

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,886

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Accessibility Features: Other
  • Year Built: 1955
  • Inclusions: Dishwasher,RangeOven,Refrigerator
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Lighthouse Point
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 731
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • NumberOfAccessStairs: 0
  • RemodeledUpdated: true
  • UnitFeatures: Balcony/Deck/Patio,Disabled Access,Ground Floor
  • Special Features: None
  • Cumulative Days on Market: 1,227

Interior Features

  • Appliances: Dishwasher_, RangeOven_, Refrigerator_
  • Full Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace: No
  • Flooring: Bamboo/Cork
  • Interior Amenities: Forced Air, Bamboo/Cork, Balcony/Deck/Patio, Cooking-Electric, Water Heater
  • Main Level Bedrooms: 2
  • Stories: 3
  • 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: 1
  • StorageNo: 5
  • AppliancesIncluded: Dishwasher,Range/Oven,Refrigerator
  • StorageLocation: Ground floor
  • WindowCoverings: Blinds

Exterior Features

  • Roof: Flat
  • View: Sound
  • Lot Features: Open Space, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement/Concrete
  • Structure Type: Multi Family
  • BusLineNearby: true
  • BusRouteNumber: 50

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking Spaces: 1
  • Open Parking: Yes
  • Parking Features: Uncovered
  • Total Parking Spaces: 1
  • ParkingSpaceNumbers: 7

Utilities

  • Utilities: Electric, Common Area Maintenance, Garbage, Water/Sewer
  • ApplianceHookups: Cooking-Electric
  • WaterHeaterType: electric

Condo/Co-op/Association

  • Community Features: Cable TV, High Speed Int Avail, Laundry Room
  • Park Manager Name: Randal Berg
  • Park Manager Phone: 206-938-0999
  • Senior Community: No
  • Association Fee: 355
  • Pets Allowed: Yes
  • CoOp: false
  • CommonPropertyFeatures: Cable TV,High Speed Int Avail,Laundry Room

Fee Information

  • Association Fee Includes: Common Area Maintenance, Garbage, Water/Sewer

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 4311000050
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSSquareFootageSource: Tax Records

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2018
  • Tax Annual Amount: 2886

Multi Family

  • Number Of Units In Community: 39
  • EnergySource: Electric
  • UnitsInBuildingTotal: 39

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 20, 2021
Sold by
6 Times Llc
Bought by
6X Alki Llc
Current Estimated Value
$532,319

Purchase Details

Listed on
Apr 27, 2018
Closed on
May 25, 2018
Sold by
Horn Taylor
Bought by
6 Times Llc
Seller's Agent
Justin Mellon
Lake & Company
Buyer's Agent
Kathryn Heathcote
COMPASS
List Price
$379,000
Sold Price
$456,000
Premium/Discount to List
$77,000
20.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.16%
Original Mortgage
$320,000
Interest Rate
4.55%

Purchase Details

Listed on
Apr 27, 2018
Closed on
May 16, 2018
Sold by
Kirkawa Jeanne and Knapp Lowell E
Bought by
Horn Taylor
Seller's Agent
Justin Mellon
Lake & Company
Buyer's Agent
Kathryn Heathcote
COMPASS
List Price
$379,000
Sold Price
$456,000
Premium/Discount to List
$77,000
20.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
4.55%

Purchase Details

Closed on
May 12, 2009
Sold by
3151 Alki Llc
Bought by
Knapp Lowell E and Kirkawa Jeanne
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
6X Alki Llc $313 None Listed On Document
6 Times Llc -- None Available
Horn Taylor $456,000 --
Knapp Lowell E $240,000 Old Republic T
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Horn Taylor $320,000
Previous Owner Horn Taylor --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2018 05/16/18 Sold $456,000 +20.3% $624 / Sq Ft
05/03/2018 05/03/18 Pending -- -- --
04/27/2018 04/27/18 For Sale $379,000 -- $518 / 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 $4,131 $438,000 $154,700 $283,300
2023 $3,502 $457,000 $154,700 $302,300
2022 $3,336 $420,000 $131,500 $288,500
2021 $3,806 $368,000 $131,500 $236,500
2020 $3,889 $400,000 $123,800 $276,200
2018 $2,886 $388,000 $100,600 $287,400
2017 $2,197 $295,000 $77,300 $217,700
2016 $2,295 $231,000 $61,900 $169,100
2015 $2,241 $236,000 $61,900 $174,100
2014 -- $236,000 $52,400 $183,600
2013 -- $167,000 $44,900 $122,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1281636

Northwest Multiple Listing Service (NWMLS)

APN: 431100-0050