Listed by COMPASS, Bought with Windermere RE Greenwood
NOT LISTED FOR SALE

400 Melrose Ave E Unit 501 Seattle, WA 98102

Capitol Hill Neighborhood

Estimated Value: $505,000 - $630,000

2 Beds
1 Bath
1,085 Sq Ft
21,606 Sq Ft Lot

Last Sold November 15, 2021

Last sale price $620,000 $571 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $3,355/month

Highlights

  • Lake View
  • Garfield High School Rated A
  • 2-minute walk to Thomas Street Mini Park

About This Home

As of November 2021

Capitol Hill beauty with updates throughout! Unobstructed views of the Space Needle, downtown skyline, Queen Anne, & even Lake Union welcome you to this beautiful and stylish 2 bed/2 bath end unit. Light and bright open living space with sleek flooring that flows to the perfect area for dining while taking in the views or enjoying the afternoon sunshine. Perfect Capitol Hill location to jump on I-5 for commuters as well as just blocks from the light rail station, restaurants, coffee shops, & more. No rental cap.

Last Agent to Sell the Property

Kevin Lam

COMPASS License #20115087 Listed on: 11/15/2021

COMPASS

Last Buyer's Agent

Roger Morris

Windermere RE Greenwood License #7245

Windermere RE Greenwood

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1864943

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1967

Lot Details

  • 0.5

Parking

  • Carport

Property Views

  • Lake
  • City
  • Mountain

Home Design

  • Flat Roof Shape
  • Cement Board or Planked

Bedrooms and Bathrooms

  • 1 Bathroom

Listing and Financial Details

  • Assessor Parcel Number 7504440320

Community Details

Overview

  • 49 Units
  • Broadway Community
  • 6-Story Property

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Condominium

Year Built

Built in 1967

Lot Details

0.5 Acres

Listing Details

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

Interior Features

  • 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
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 1085

Exterior Features

  • Exterior: Cement Planked
  • Roof: Flat
  • View: City, Lake, Mountain

Garage/Parking

  • Numberof Assigned Spaces: 1
  • Parking Type: Carport
  • Parking Space Number: 20

Condo/Co-op/Association

  • Numberof Units in Building: 49
  • Numberof Units In Complex: 49
  • HOA Fees: 717
  • Community Name: Broadway
  • Project: Sahali
  • Cats And Dogs: Subj To Restrictions
  • Manager Contact Information: Stephanie Maxton (206) 613-3962
  • Common Property Features: Elevator, Laundry Room
  • Home Owner Dues Included: Earthquake Ins., Water/Sewer, Common Area Maintenance, M

Schools

  • School District: SEA

Lot Info

  • Lot Details: Paved Street, Sidewalk
  • Parcel Number: 7504440320

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2021
Closed on
Nov 5, 2021
Sold by
Deberry Andrew N
Bought by
Norman Scott
Seller's Agent
Kevin Lam
COMPASS
Buyer's Agent
Roger Morris
Windermere RE Greenwood
List Price
$620,000
Sold Price
$620,000
Current Estimated Value
$554,731

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$65,269
Avg. Annual Appreciation
-2.51%

Purchase Details

Listed on
Jul 30, 2013
Closed on
Oct 18, 2013
Sold by
Reid Brian D and Snell Jennifer E
Bought by
Deberry Andrew N
Seller's Agent
Brent Reid
Coldwell Banker Danforth
Buyer's Agent
Roger Morris
Windermere RE Greenwood
List Price
$360,000
Sold Price
$365,000
Premium/Discount to List
$5,000
1.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.79%
Original Mortgage
$292,000
Interest Rate
4.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 3, 2011
Sold by
Reid Brian D and Snell Jennifer E
Bought by
Reid Brian D and Snell Jennifer E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 24, 2005
Sold by
Oyler Gordon N
Bought by
Snell Jennifer E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.67%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 16, 1999
Sold by
Anderson Sylvan B
Bought by
Oyler Gordon N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
7.29%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
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Adjusted for Inflation
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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
Norman Scott $620,000 Modus Title
Deberry Andrew N $365,000 Rainier Title
Reid Brian D -- Fidelity Natio
Snell Jennifer E $250,000 Lawyers Title
Oyler Gordon N $210,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Deberry Andrew N $292,000
Previous Owner Reid Brian D $190,000
Previous Owner Snell Jennifer E $200,000
Previous Owner Oyler Gordon N $168,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/15/2021 11/15/21 Sold $620,000 0.0% $571 / Sq Ft
11/15/2021 11/15/21 For Sale $620,000 +69.9% $571 / Sq Ft
10/24/2013 10/24/13 Sold $365,000 +1.4% $336 / Sq Ft View Prior Sale
08/25/2013 08/25/13 Pending -- -- --
07/30/2013 07/30/13 For Sale $360,000 -- $332 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

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 $4,932 $524,000 $238,500 $285,500
2023 $4,502 $560,000 $238,500 $321,500
2022 $4,758 $542,000 $238,500 $303,500
2021 $4,681 $528,000 $238,500 $289,500
2020 $4,783 $493,000 $238,500 $254,500
2018 $4,557 $531,000 $205,700 $325,300
2017 $4,034 $469,000 $208,700 $260,300
2016 $3,724 $429,000 $74,500 $354,500
2015 $3,389 $386,000 $74,500 $311,500
2014 -- $360,000 $74,500 $285,500
2013 -- $334,000 $74,500 $259,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1864943

Northwest Multiple Listing Service (NWMLS)

APN: 750444-0320

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