Listed by LPT Realty LLC, Bought with COMPASS
NOT LISTED FOR SALE

425 23rd Ave S Unit A206 Seattle, WA 98144

Atlantic Neighborhood

Estimated Value: $317,150 - $346,000

-- Bed
1 Bath
567 Sq Ft
$279/mo HOA Fee

Last Sold January 11, 2021

Last sale price $310,000 $547 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,420/month

127 Days on Market

Highlights

  • Fitness Center
  • Game Room
  • Ceramic Tile Flooring
  • Thurgood Marshall Elementary School Rated A
  • Elevator
  • 4-minute walk to Blanche Lavizzo Park

About This Home

As of January 2021

Perfectly located condo in vibrant Central District. Exceptional layout with lots of natural light pouring in the large windows. Quiet pet friendly building that is 98% owner occupied, with NO RENTAL CAP and low HOA. Exercise room and grill available if you want to tone up or chill out, you choose. Everything you need is right close by, secured parking available with a bike rack already mounted. MOTIVATED seller.

Last Agent to Sell the Property

Wade Plante

LPT Realty LLC License #127831 Listed on: 08/05/2020

LPT Realty LLC

Last Buyer's Agent

Luan Nguyen-Tran

COMPASS License #125215

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1642127

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,536

Year Built

  • Built in 2005

Lot Details

  • 0.52

HOA Fees

  • $279 Monthly HOA Fees

Home Design

  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 1 Full Bathroom
  • 567 Sq Ft Home
  • Insulated Windows

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Common or Shared Parking

Utilities

  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 9237500230

Community Details

Overview

  • Association fees include common area maintenance, earthquake insurance, garbage, lawn service, sewer, water
  • Kappes Miller Association
  • Secondary HOA Phone (206) 287-9947
  • Welch Plaza Condos
  • Central Area Subdivision
  • Park Manager: Larry Slough
  • 5-Story Property

Amenities

  • Game Room
  • Recreation Room
  • Elevator
  • Lobby

Recreation

  • Fitness Center

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,536

Year Built

Built in 2005

Lot Details

0

HOA Fees

$279 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 2005
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Microwave,Refrigerator,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Welch Plaza
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 567
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 0
  • UnitFeatures: Insulated Windows
  • Special Features: VirtualTour
  • Cumulative Days on Market: 1,427

Interior Features

  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 1
  • Entry Location: Main
  • Fireplace: No
  • Flooring: Ceramic Tile, Carpet
  • Interior Amenities: Ceramic Tile, Wall to Wall Carpet, Cooking-Electric
  • Stories: 5
  • 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: 2
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Microwave,Refrigerator,Washer

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Metal/Vinyl
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Garage Yn: Yes
  • Parking Features: Common Garage

Utilities

  • Heating Yn: Yes
  • Utilities: Electricity Available, Common Area Maintenance, Garbage
  • HeatingCoolingType: Wall
  • ApplianceHookups: Cooking-Electric

Condo/Co-op/Association

  • Community Features: Cable TV, Elevator, Exercise Room, Game/Rec Rm, High Speed Int Avail, Lobby Entrance
  • Park Manager Name: Larry Slough
  • Senior Community: No
  • Association Fee: 279
  • Association Fee Frequency: Monthly
  • Phone: 206-287-9947
  • Association: Yes
  • Pets Allowed: Cats OK, Dogs OK, Subj to Restrictions
  • AssociationContactName: Kappes Miller
  • CommonPropertyFeatures: Cable TV,Elevator,Exercise Room,Game/Rec Rm,High Speed Int Avail,Lobby Entrance

Fee Information

  • Association Fee Includes: Common Area Maintenance, Earthquake Insurance, Garbage, Lawn Service, Sewer, Water

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 9237500230
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSSquareFootageSource: Realist

Green Features

  • Efficiency: Insulated Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • RentalCap: No Rental Cap

Tax Info

  • Year: 2019
  • Tax Annual Amount: 2536

Multi Family

  • EnergySource: Electric
  • UnitsInBuildingTotal: 74

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2020
Closed on
Jan 4, 2021
Sold by
Scholl Brien K and Scholl Laura
Bought by
Reyes Randy De Los
Seller's Agent
Wade Plante
LPT Realty LLC
Buyer's Agent
Luan Nguyen-Tran
COMPASS
List Price
$345,000
Sold Price
$310,000
Premium/Discount to List
-$35,000
-10.14%
Current Estimated Value
$345,097

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,097
Avg. Annual Appreciation
1.46%
Original Mortgage
$279,000
Outstanding Balance
$251,803
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$79,356

Purchase Details

Closed on
May 10, 2019
Sold by
Martinez Gilbert and Martinez Gibert
Bought by
Scholl Brien K and Scholl Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 5, 2015
Closed on
Oct 5, 2015
Sold by
Cason Robert and Cason Debra
Bought by
Martinez Gilbert
Seller's Agent
Scott Gibbons
COMPASS
Buyer's Agent
Laura Lynn
COMPASS
List Price
$219,950
Sold Price
$210,500
Premium/Discount to List
-$9,450
-4.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.73%
Original Mortgage
$6,465
Interest Rate
3.85%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 2, 2006
Sold by
Strantz Kelly Jean
Bought by
Cason Robert and Cason Debra

Purchase Details

Closed on
Oct 26, 2005
Sold by
Jackson Square Associates Llc
Bought by
Strantz Kelly Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,950
Interest Rate
6.5%
Mortgage Type
Commercial
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
Reyes Randy De Los $310,000 Chicago Title
Scholl Brien K $320,000 Chicago Title
Martinez Gilbert $215,500 Wfg National
Cason Robert $205,000 The Talon Grou
Strantz Kelly Jean $177,450 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reyes Randy De Los $279,000
Previous Owner Scholl Brien K $256,000
Previous Owner Martinez Gilbert $210,400
Previous Owner Martinez Gilbert $6,465
Previous Owner Martinez Gilbert $209,035
Previous Owner Strantz Kelly Jean $141,950
Previous Owner Strantz Kelly Jean $35,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2021 01/11/21 Sold $310,000 -3.1% $547 / Sq Ft
12/10/2020 12/10/20 Pending -- -- --
10/08/2020 10/08/20 Price Changed $320,000 -7.2% $564 / Sq Ft
08/05/2020 08/05/20 For Sale $345,000 +63.9% $608 / Sq Ft
10/13/2015 10/13/15 Sold $210,500 -2.1% $371 / Sq Ft
09/06/2015 09/06/15 Pending -- -- --
08/13/2015 08/13/15 Price Changed $214,950 -2.3% $379 / Sq Ft
08/05/2015 08/05/15 For Sale $219,950 -- $388 / 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 $2,816 $297,000 $46,100 $250,900
2023 $2,334 $303,000 $46,100 $256,900
2022 $2,553 $278,000 $46,100 $231,900
2021 $2,517 $281,000 $46,100 $234,900
2020 $2,981 $263,000 $46,100 $216,900
2018 $2,167 $299,000 $36,900 $262,100
2017 $1,845 $221,000 $27,600 $193,400
2016 $1,641 $194,000 $20,700 $173,300
2015 $1,472 $168,000 $20,700 $147,300
2014 -- $154,000 $19,600 $134,400
2013 -- $121,000 $19,600 $101,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1642127

Northwest Multiple Listing Service (NWMLS)

APN: 923750-0230