Listed by Windermere Real Estate/East, Bought with Realogics Sotheby's Int'l Rlty
NOT LISTED FOR SALE

Estimated Value: $295,000 - $364,000

-- Bed
1 Bath
346 Sq Ft
$371/mo HOA Fee

Last Sold February 09, 2023

Last sale price $324,500 $938 Per Sq Ft

Current estimated payment $2,330/month

33 Days on Market

Highlights

  • Views of a Sound
  • Fitness Center
  • Contemporary Architecture
  • Garfield High School Rated A
  • Rooftop Deck
  • 5-minute walk to Denny Park

About This Home

As of February 2023

Montreux in Belltown is home to one of the few buildings left in Seattle that allows SHORT TERM RENTAL & AIR BnB, making it an investors dream! This charming studio apartment gives you easy access to all the city has to offer, mere steps from Seattle Center, the Space Needle, Pike Place, great shops and restaurants and the Puget Sound. The unit has recently been updated with fresh paint and new floors, and boasts a beautiful layout for entertaining and living. Enjoy looking at the Space Needle from the rooftop deck, pop down to the fitness center, enjoy the cafe or use the business center to get some work done. If you are interested in renting it out, inherit the turn-key website graciously provided, with 1 year of free parking if requested

Last Agent to Sell the Property

Ryan Valdes

Windermere Real Estate/East License #22005869 Listed on: 12/01/2022

Windermere Real Estate/East

Last Buyer's Agent

Zoe Ramirez

Realogics Sotheby's Int'l Rlty License #20113180

Realogics Sotheby's Int'l Rlty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2019610

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,216

Year Built

  • Built in 1999

Lot Details

  • 0.32

HOA Fees

  • $371 Monthly HOA Fees

Property Views

  • Views of a Sound
  • Strait Views
  • Territorial

Home Design

  • 346 Sq Ft Home
  • Contemporary Architecture
  • Flat Roof Shape
  • Stucco

Kitchen

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

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Laundry

  • Electric Dryer
  • Washer

Home Security

Parking

  • Garage
  • Common or Shared Parking

Outdoor Features

  • Patio

Schools

  • Lowell Elementary School
  • Meany Mid Middle School
  • Garfield High School

Additional Features

  • 1 Full Bathroom
  • Property is near public transit
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 5607950530

Community Details

Overview

  • Association fees include common area maintenance, concierge, earthquake insurance, garbage, sewer, water
  • 136 Units
  • Tom Ichelson Association
  • Secondary HOA Phone (253) 921-3547
  • Montreax Condominium Condos
  • Belltown Subdivision
  • Park Phone (253) 921-3547 | Manager Tom Ichelson
  • 7-Story Property

Amenities

  • Elevator
  • Lobby

Recreation

Pet Policy

  • Dogs and Cats Allowed

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,216

Year Built

Built in 1999

Lot Details

0

HOA Fees

$371 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 1999
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Microwave,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Contemporary
  • Building Name: Montreax Condominium
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 346
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 1
  • RemodeledUpdated: true
  • UnitFeatures: Balcony/Deck/Patio
  • Special Features: VirtualTour
  • Cumulative Days on Market: 968

Interior Features

  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 1
  • Entry Location: Main
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Laminate, Wall to Wall Carpet, Balcony/Deck/Patio, Cooking-Electric, Dryer-Electric, Washer
  • Stories: 7
  • 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: 4
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Microwave,Refrigerator,Stove/Range,Washer

Exterior Features

  • Roof: Flat
  • View: City, Sound, Strait, Territorial
  • Lot Features: Corner Lot, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Stucco
  • Structure Type: Multi Family
  • BusLineNearby: true
  • ViewFrom: Rooftop Deck,Unit
  • BusRouteNumber: 5, 16, 21, 352, 8

Garage/Parking

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

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • ApplianceHookups: Cooking-Electric,Dryer-Electric,Washer

Condo/Co-op/Association

  • Community Features: Elevator, Exercise Room, Fire Sprinklers, High Speed Int Avail, Lobby Entrance, Rooftop Deck
  • Park Manager Name: Tom Ichelson
  • Park Manager Phone: 253-921-3547
  • Senior Community: No
  • Association Fee: 371
  • Association Fee Frequency: Monthly
  • Phone: 253-921-3547
  • Association: Yes
  • Pets Allowed: Cats OK, Dogs OK, Subj to Restrictions
  • AssociationContactName: Tom Ichelson
  • CommonPropertyFeatures: Elevator,Exercise Room,Fire Sprinklers,High Speed Int Avail,Lobby Entrance,Rooftop Deck

Fee Information

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

Schools

  • Junior High Dist: Seattle
  • High School: Garfield High
  • Middle Or Junior School: Meany Mid

Lot Info

  • Parcel Number: 5607950530
  • Lot Size Acres: 0.3225
  • Lot Size Sq Ft: 14048
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist

Green Features

  • Power Production Type: Electric

Rental Info

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

Tax Info

  • Year: 2022
  • Tax Annual Amount: 2216
  • AdditionalTaxIds: 560795-0530

Multi Family

  • Number Of Units In Community: 136
  • EnergySource: Electric

MLS Schools

  • Elementary School: Lowell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2022
Closed on
Jan 20, 2023
Sold by
Artman Laura
Bought by
Padua Melchor and Padua Rj
Seller's Agent
Ryan Valdes
Windermere Real Estate/East
Buyer's Agent
Zoe Ramirez
Realogics Sotheby's Int'l Rlty
List Price
$319,500
Sold Price
$324,500
Premium/Discount to List
$5,000
1.56%
Views
32
Current Estimated Value
$323,357

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,143
Avg. Annual Appreciation
-0.14%
Original Mortgage
$308,275
Outstanding Balance
$298,284
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$25,073

Purchase Details

Listed on
Jul 20, 2021
Closed on
Dec 9, 2021
Sold by
Brown Will J
Bought by
Artman Laura
Seller's Agent
Chris Nye
MLS4owners.com
Buyer's Agent
Brad Davis
KW Greater Seattle
List Price
$274,500
Sold Price
$285,000
Premium/Discount to List
$10,500
3.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.95%
Original Mortgage
$222,626
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 2, 2015
Closed on
Dec 4, 2015
Sold by
Osaki Michael and Osaki Maryanne T
Bought by
Brown Will J
Seller's Agent
Mark Osaki
NW Prime Real Estate, LLC
Buyer's Agent
Rachel Olson
COMPASS
List Price
$209,950
Sold Price
$209,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.20%
Original Mortgage
$199,450
Interest Rate
3.71%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 4, 2007
Sold by
Miller David T
Bought by
Griesbach Maryanne T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,344
Interest Rate
6.37%
Mortgage Type
Commercial

Purchase Details

Closed on
May 6, 2005
Sold by
Crossman Justin G
Bought by
Miller David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,360
Interest Rate
5.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 19, 2001
Sold by
Pan Yu Chi
Bought by
Crossman Justin G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,850
Interest Rate
6.51%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 29, 1999
Sold by
Montreux Associates Llc
Bought by
Pan Yu Chi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,200
Interest Rate
7.51%
Mortgage Type
FHA
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
Padua Melchor $324,500 Commonwealth Land Title
Artman Laura $285,000 Ticor Title
Brown Will J $209,950 Wfg National T
Griesbach Maryanne T $201,680 Chicago Title
Miller David $132,950 Stewart Title
Crossman Justin G $105,000 Fidelity National Title Co
Pan Yu Chi $75,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Padua Melchor $308,275
Previous Owner Artman Laura $222,626
Previous Owner Brown Will J $199,450
Previous Owner Osaki Maryanne T $162,000
Previous Owner Griesbach Maryanne T $161,344
Previous Owner Griesbach Maryanne T $30,252
Previous Owner Miller David $106,360
Previous Owner Crossman Justin G $101,850
Previous Owner Pan Yu Chi $73,200
Closed Miller David $26,590
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2023 02/09/23 Sold $324,500 +1.6% $938 / Sq Ft
01/03/2023 01/03/23 Pending -- -- --
12/01/2022 12/01/22 For Sale $319,500 +12.1% $923 / Sq Ft
12/17/2021 12/17/21 Sold $285,000 +0.7% $824 / Sq Ft
09/13/2021 09/13/21 Pending -- -- --
08/06/2021 08/06/21 Price Changed $282,900 +3.1% $818 / Sq Ft
07/20/2021 07/20/21 For Sale $274,500 +30.7% $793 / Sq Ft
12/09/2015 12/09/15 Sold $209,950 0.0% $607 / Sq Ft
11/02/2015 11/02/15 Pending -- -- --
10/02/2015 10/02/15 For Sale $209,950 -- $607 / 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 $2,413 $258,000 $80,600 $177,400
2023 $2,375 $258,000 $80,600 $177,400
2022 $2,216 $242,000 $73,300 $168,700
2021 $2,306 $247,000 $73,300 $173,700
2020 $2,488 $244,000 $73,300 $170,700
2018 $1,987 $261,000 $57,000 $204,000
2017 $1,662 $205,000 $46,400 $158,600
2016 $1,456 $177,000 $37,400 $139,600
2015 $1,331 $151,000 $32,500 $118,500
2014 -- $141,000 $25,600 $115,400
2013 -- $116,000 $23,200 $92,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2019610

Northwest Multiple Listing Service (NWMLS)

APN: 560795-0530