Listed by RE/MAX Metro Realty, Inc., Bought with Heritage Residential, LLC
$2,255,000
SOLD JUL 19, 2016

3212 Portage Bay Place E Unit A Seattle, WA 98102

Portage Bay Neighborhood
4 Beds
4 Baths
2,973 Sq Ft
0.28 Acres

Recently Sold

$758 Per Sq Ft

9% Below List Price

32 Days on Market

Highlights

  • Low Bank Waterfront Property
  • Bay View
  • Modern Architecture
  • Montlake Elementary School Rated A
  • Wood Flooring
  • 1 Fireplace

About This Home

As of May 2021

Rare NEW waterfront home, 3-Star Built-Green. Unique architectural design and interior appointments. Dock and moorage for 25' boat. Views of Portage Bay, bridges and twinkling lights of University/North Seattle. Top quality materials throughout; check photos (coming) and attachments for details. Master suite and Guest Master, plus Den/Office. Low-maintenance courtyard/patio accesses water and dock. 902 sf rooftop deck sees forever. Land unit of 2-unit condominium.

Last Agent to Sell the Property

Alex Erickson

RE/MAX Metro Realty, Inc. License #104206 Listed on: 04/27/2016

RE/MAX Metro Realty, Inc.

Co-Listed By

Jayne DeHaan

RE/MAX Metro Realty, Inc. License #30735

Last Buyer's Agent

Lance Neely

Heritage Residential, LLC License #27404

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM940218

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $22,563

Year Built

  • Built in 2016

Lot Details

  • Low Bank Waterfront Property
  • Street terminates at a dead end

Property Views

  • Bay
  • Lake
  • Mountain
  • Territorial

Home Design

  • Modern Architecture
  • Built-Up Roof
  • Wood Siding

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Uncovered Parking
  • Off-Street Parking

Additional Features

  • 1 Fireplace
  • Bulkhead

Community Details

  • Portage Bay Community

Listing and Financial Details

  • Assessor Parcel Number 6861850010

Property Details

Home Type

Condominium

Est. Annual Taxes

$22,563

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 34 - Condo (3 Levels)
  • Architecture: Modern
  • New Construction: Completed
  • Entrance Level: Main
  • New Construction: Y
  • Year Built: 2016
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Ceramic Tile, Hardwood, Wall To Wall Carpet
  • Appliance Hookups: Cooking-Gas, Dryer-Electric, Washer
  • Appliances That Stay: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 4.00
  • Main Floor Bedrooms: 1
  • Lower Level Bedroom: 3
  • Bathrooms: 3.50
  • Total Full Bathrooms: 3
  • Total Half Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 2
  • Fireplace Type: Gas
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Den or Office: Upper
  • Dining Room: Upper
  • Kitchen w/ Eating Area: Upper
  • Estimated Sq Ft: 2973

Exterior Features

  • Construction Methods: Advanced Wall
  • Exterior: Wood
  • Roof: Built-Up
  • View: Bay, Lake, Mountain, Territorial
  • Waterfront: Bank-Low, Bulkhead, Lake

Garage/Parking

  • Numberof Assigned Spaces: 2
  • Parking Type: Individual Garage, Off Street, Uncovered

Utilities

  • Heating And Cooling: High Efficiency (Unspecified), Radiant, Wall, Tankless Water Heater
  • Water Heater: lower Level-Gas hydronic

Condo/Co-op/Association

  • Numberof Units In Complex: 2
  • HOA Fees: 209
  • Community Name: Portage Bay
  • Common Property Features: Moorage
  • Home Owner Dues Included: Garbage, Common Area Maintenance
  • Unit Features: Alarm System, Balcony/Deck/Patio, Insulated Windows, Master Bath, Skylights, Vaulted Ceilings, Walk-In Closet

Schools

  • Elementary School: Seattle Public Sch
  • Middle School: Seattle Public Sch
  • High School: Seattle Public Sch
  • School District: SEA

Lot Info

  • Lot Details: Alley, Dead End Street, Paved Street
  • Lot Sq Ft: 12000
  • Parcel Number: 6861850010

Tax Info

  • Tax Amount: 9602

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2020
Closed on
Apr 26, 2021
Sold by
Ainsworth Brian and Ainsworth Sharon
Bought by
Padgett Constance and Padgett Ryan
Seller's Agent
Lance Neely
Heritage Residential, LLC
Buyer's Agent
David Marks
Portico Real Estate
List Price
$2,875,000
Sold Price
$2,750,000
Premium/Discount to List
-$125,000
-4.35%
Current Estimated Value
$2,568,271

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$181,729
Avg. Annual Appreciation
-0.34%
Original Mortgage
$2,000,000
Outstanding Balance
$1,831,641
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$879,089

Purchase Details

Listed on
Apr 27, 2016
Closed on
Jul 15, 2016
Sold by
Urban Fund Inc
Bought by
Ainsworth Brian and Ainsworth Sharon
Seller's Agent
Alex Erickson
RE/MAX Metro Realty, Inc.
Buyer's Agent
Lance Neely
Heritage Residential, LLC
List Price
$2,485,000
Sold Price
$2,255,000
Premium/Discount to List
-$230,000
-9.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.21%
Original Mortgage
$1,578,500
Interest Rate
4.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 17, 1994
Sold by
Kennedy Kenneth Franklin
Bought by
Kennedy Kenneth Franklin
Source: Public Records

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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 $2,750,000 Old Republic Title Ltd
Warranty Deed $2,255,000 First American
Personal Reps Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,000,000 New Conventional
Previous Owner $1,578,500 Adjustable Rate Mortgage/ARM
Previous Owner $734,352 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2021 05/11/21 Sold $2,750,000 -1.6% $925 / Sq Ft
04/07/2021 04/07/21 Pending -- -- --
03/25/2021 03/25/21 Price Changed $2,795,000 -1.1% $940 / Sq Ft
03/11/2021 03/11/21 Price Changed $2,825,000 -1.7% $950 / Sq Ft
02/23/2021 02/23/21 For Sale $2,875,000 +4.5% $967 / Sq Ft
02/01/2021 02/01/21 Off Market $2,750,000 -- --
08/29/2020 08/29/20 Price Changed $2,875,000 -7.3% $967 / Sq Ft
07/24/2020 07/24/20 For Sale $3,100,000 +37.5% $1,043 / Sq Ft
07/19/2016 07/19/16 Sold $2,255,000 -1.3% $758 / Sq Ft
06/12/2016 06/12/16 Pending -- -- --
05/28/2016 05/28/16 Price Changed $2,285,000 -8.0% $769 / Sq Ft
05/10/2016 05/10/16 For Sale $2,485,000 -- $836 / 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 $22,563 $2,437,000 $1,372,000 $1,065,000
2023 $20,309 $2,743,000 $1,155,900 $1,587,100
2022 $22,578 $2,484,000 $1,234,500 $1,249,500
2021 $20,796 $2,542,000 $1,232,000 $1,310,000
2020 $22,628 $2,220,000 $930,900 $1,289,100
2018 $20,801 $2,567,000 $562,500 $2,004,500
2017 $19,900 $2,165,000 $839,200 $1,325,800
2016 $9,602 $2,142,000 $562,500 $1,579,500
2015 $4,611 $1,003,500 $497,500 $506,000
2014 -- $489,000 $488,500 $500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM940218

Northwest Multiple Listing Service (NWMLS)

APN: 686185-0010