Listed by Windermere R E Mount Baker, Bought with Redfin
NOT LISTED FOR SALE

425 23rd Ave S Unit A504 Seattle, WA 98144

Atlantic Neighborhood

Estimated Value: $283,000 - $387,000

1 Bed
1 Bath
632 Sq Ft
$349/mo HOA Fee

Last Sold April 27, 2022

Last sale price $390,000 $617 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $2,450/month

Highlights

  • Fitness Center
  • Unit is on the top floor
  • Contemporary Architecture
  • Thurgood Marshall Elementary School Rated A
  • Mountain View
  • 4-minute walk to Blanche Lavizzo Park

About This Home

As of April 2022

Walk score 90! Top floor, east facing unit with high ceilings, tons of natural light & peek-a-boo views of Mt. Rainier. Spacious TRUE 1-bedroom, in-unit laundry & ample closet space. Wake up & head out the door to shops, eats & coffee. Amazon Fresh, Starbucks, Fish Guys & Walgreens are all on the corner. No rent cap, pet friendly, assigned 1-car parking in garage, automated package concierge & community gym. Solid well run HOA with strong reserves. Easy, convenient access to downtown, the stadiums, freeways and the new Judkin's light rail is 1 mi away. This is an excellent opportunity to own in a great building in the heart of the Central District.

Last Agent to Sell the Property

Jennifer Butler

Windermere R E Mount Baker License #136419 Listed on: 03/23/2022

Windermere R E Mount Baker

Co-Listed By

Jeanine Burke

Windermere R E Mount Baker License #79956

Last Buyer's Agent

Leah Kennedy

Redfin License #113930

Redfin

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1901811

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,970

Year Built

  • Built in 2005

Lot Details

  • 0.52

HOA Fees

  • $349 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Common or Shared Parking

Property Views

  • Mountain
  • Territorial
  • Limited

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 632 Sq Ft Home
  • Vaulted Ceiling
  • Insulated Windows
  • Blinds

Kitchen

  • Electric Oven or Range
  • Stove
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Electric Dryer
  • Washer

Home Security

Location

  • Unit is on the top floor
  • Property is near public transit
  • Property is near a bus stop

Additional Features

  • East Facing Home
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 9237500660

Community Details

Overview

  • Association fees include common area maintenance, earthquake insurance, garbage
  • Mike Gordon/Kappes Miller Mgmnt Association
  • Secondary HOA Phone (425) 688-2044
  • Welch Plaza Condos
  • Central Area Subdivision
  • 5-Story Property

Amenities

  • Elevator
  • Lobby

Recreation

  • Fitness Center

Pet Policy

  • Dogs and Cats Allowed

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,970

Year Built

Built in 2005

Lot Details

0

HOA Fees

$349 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 2005
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Microwave,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Contemporary
  • Building Name: Welch Plaza
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 632
  • SeniorExemption: false
  • DwellingType: Detached
  • NumberOfAccessStairs: 0
  • RemodeledUpdated: false
  • UnitFeatures: Insulated Windows,Top Floor,Vaulted Ceilings,Walk-in Closet
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 1
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Flooring: Ceramic Tile, Carpet
  • Interior Amenities: Ceramic Tile, Wall to Wall Carpet, Cooking-Electric, Dryer-Electric, Ice Maker, Washer
  • Main Level Bedrooms: 1
  • 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: 5
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Microwave,Refrigerator,Stove/Range,Washer
  • WindowCoverings: Blinds

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Partial, Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Direction Faces: East
  • Exterior Features: Cement/Concrete, Metal/Vinyl
  • Structure Type: Multi Family
  • BusLineNearby: true
  • ViewFrom: Unit

Garage/Parking

  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Common Garage
  • Total Parking Spaces: 1
  • ParkingSpaceNumbers: 16

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Heating Yn: Yes
  • Utilities: Electricity Available, Common Area Maintenance, Garbage
  • HeatingCoolingType: Wall
  • ApplianceHookups: Cooking-Electric,Dryer-Electric,Ice Maker,Washer

Condo/Co-op/Association

  • Community Features: Cable TV, Elevator, Exercise Room, Fire Sprinklers, Lobby Entrance
  • Senior Community: No
  • Association Fee: 349
  • Association Fee Frequency: Monthly
  • Phone: 425-688-2044
  • Association: Yes
  • Pets Allowed: Cats OK, Dogs OK
  • AssociationContactName: Mike Gordon/Kappes Miller Mgmnt
  • CoOp: false
  • CommonPropertyFeatures: Cable TV,Elevator,Exercise Room,Fire Sprinklers,Lobby Entrance

Fee Information

  • Association Fee Includes: Common Area Maintenance, Earthquake Insurance, Garbage

Schools

  • Junior High Dist: Seattle
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 9237500660
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSSquareFootageSource: KCR

Green Features

  • Efficiency: Insulated Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • RentalCap: No Rental Cap
  • ShortTermRentalYN: false

Tax Info

  • Year: 2022
  • Tax Annual Amount: 2970

Multi Family

  • EnergySource: Electric
  • UnitsInBuildingTotal: 72

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2022
Closed on
Apr 19, 2022
Sold by
Steven Hoenisch
Bought by
Reddy Goutham Venkata
Seller's Agent
Jennifer Butler
Windermere R E Mount Baker
Buyer's Agent
Leah Kennedy
Redfin
List Price
$359,000
Sold Price
$390,000
Premium/Discount to List
$31,000
8.64%
Current Estimated Value
$343,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$46,201
Avg. Annual Appreciation
-3.60%
Original Mortgage
$312,000
Outstanding Balance
$295,277
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$48,522

Purchase Details

Closed on
May 9, 2008
Sold by
Chao Stacy H C
Bought by
Hoenisch Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,800
Interest Rate
5.88%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 3, 2006
Sold by
Jackson Square Associates Llc
Bought by
Chao Stacy H C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,960
Interest Rate
6.04%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Reddy Goutham Venkata $390,000 Chicago Title
Hoenisch Steven $241,000 The Talon Grou
Chao Stacy H C $234,950 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reddy Goutham Venkata $312,000
Previous Owner Hoenisch Steven $192,800
Previous Owner Chao Stacy H C $187,960
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2022 04/27/22 Sold $390,000 +8.6% $617 / Sq Ft
03/28/2022 03/28/22 Pending -- -- --
03/23/2022 03/23/22 For Sale $359,000 -- $568 / 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 $3,350 $355,000 $51,400 $303,600
2023 $2,772 $372,000 $51,400 $320,600
2022 $2,968 $332,000 $51,400 $280,600
2021 $2,936 $328,000 $51,400 $276,600
2020 $3,461 $308,000 $51,400 $256,600
2018 $2,703 $357,000 $41,100 $315,900
2017 $2,233 $277,000 $30,800 $246,200
2016 $1,963 $236,000 $23,100 $212,900
2015 $1,834 $202,000 $23,100 $178,900
2014 -- $193,000 $21,800 $171,200
2013 -- $150,000 $21,800 $128,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1901811

Northwest Multiple Listing Service (NWMLS)

APN: 923750-0660