NOT LISTED FOR SALE

Estimated Value: $338,000 - $413,000

1 Bed
1 Bath
447 Sq Ft
0.32 Acres

Last Sold November 23, 2021

Last sale price $354,000 $792 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,220/month

33 Days on Market

Highlights

  • Corner Lot
  • Wall to Wall Carpet
  • 5-minute walk to Denny Park
  • Garfield High School Rated A

About This Home

As of November 2021

INVESTORS! Income producing 1 bedroom condo in the heart of Belltown. Both long term rental or airbnb are allowed in the building. Efficient in-line kitchen with all appliances included. Bedroom nook can be completely closed off from living space. Private balcony is perfect for your container garden. Washer and dryer in the unit. Building has workout room, business center, on-site manager to support airbnb rentals. Don't miss the rooftop deck with great Space Needle views. 2 pets allowed and no rental cap! Walk score of 99; vibrant restaurant scene. Close walk to Seattle Center, South Lake Union, Amazon Spheres, & waterfront.

Last Agent to Sell the Property

Sara Zhu

WeLakeside License #118358 Listed on: 10/07/2021

WeLakeside

Last Buyer's Agent

Lucie LaMaine

Kelly Right RE of Seattle LLC License #122289

Kelly Right RE of Seattle LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1849714

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,075

Year Built

  • Built in 1999

Lot Details

  • 0.32

Parking

  • Common or Shared Parking

Home Design

  • Flat Roof Shape

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Vinyl

Laundry

  • Dryer
  • Washer

Schools

  • Lowell Elementary School
  • Meany Mid Middle School

Listing and Financial Details

  • Assessor Parcel Number 5607951020

Community Details

Overview

  • 136 Units
  • Belltown Community
  • 7-Story Property

Pet Policy

  • Pets allowed on a case-by-case basis
  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,075

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 30 - Condo (1 Level)
  • Dwelling Type: ATTCH
  • Entrance Level: Main
  • Unit Floor Number: 6
  • Year Built: 1999
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Vinyl, Wall To Wall Carpet
  • Appliance Hookups: Cooking-Electric, Dryer-Electric, Washer
  • Appliances That Stay: Dishwasher, Dryer, Microwave, Refrigerator, Washer, K
  • Bedrooms: 1.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 1.00
  • Total Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Kitchen: Main
  • Estimated Sq Ft: 447
  • Total Square Footage: 447

Exterior Features

  • Exterior: Cement/Concrete
  • Roof: Flat

Garage/Parking

  • Parking Type: Common Garage

Utilities

  • Heating And Cooling: Wall
  • Water Heater: Closet-Electric

Condo/Co-op/Association

  • Numberof Units in Building: 136
  • HOA Fees: 452
  • Community Name: Belltown
  • Project: Montreux
  • Cats And Dogs: Subj To Restrictions
  • Manager Contact Information: Tom Ichelson (206) 714-1818
  • Common Property Features: Cable Tv, Elevator, Exercise Room, Fire Sprinklers, Game/Rec Rm, High Speed Int Avail, Lobby Entrance, Security Gate
  • Home Owner Dues Included: Earthquake Ins., Garbage, Common Area Maintenance, Security Services
  • Unit Features: Balcony/Deck/Patio, Insulated Windows

Association/Amenities

  • Unit: 620

Schools

  • Elementary School: Lowell
  • Middle School: Meany Mid
  • High School: Garfield High
  • School District: SEA
  • Junior High: Meany Mid

Lot Info

  • Lot Details: Alley, Corner Lot, Curbs, Paved Street, Sidewalk
  • Parcel Number: 5607951020

Tax Info

  • Year: 2021
  • Tax Amount: 2874

MLS Schools

  • Elementary School: Lowell
  • Senior High: Garfield High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 4, 2022
Sold by
Palmer Steven M and Li Genille
Bought by
425 Vine 620 Llc
Current Estimated Value
$358,652

Purchase Details

Listed on
Oct 7, 2021
Closed on
Nov 20, 2021
Sold by
Gong Yanfei and Jiang Chenda
Bought by
Palmer Steven M and Li Palmer Genille
Seller's Agent
Sara Zhu
WeLakeside
Buyer's Agent
Lucie LaMaine
Kelly Right RE of Seattle LLC
List Price
$355,000
Sold Price
$354,000
Premium/Discount to List
-$1,000
-0.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.29%
Original Mortgage
$265,500
Interest Rate
3.14%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 20, 2017
Closed on
Jul 14, 2017
Sold by
Dirkse Michelle A H
Bought by
Gong Yanfei and Jiang Chenda
Seller's Agent
Stacey Brower
KW Greater Seattle
Buyer's Agent
George Li
WeLakeside
List Price
$295,000
Sold Price
$351,000
Premium/Discount to List
$56,000
18.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.20%
Original Mortgage
$268,000
Interest Rate
3.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 28, 2005
Sold by
Farneman Stephen W
Bought by
Dirkse Michelle A H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
5.53%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 1, 1999
Sold by
Montreux Associates Llc
Bought by
Farneman Stephen W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,250
Interest Rate
7.12%
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
425 Vine 620 Llc $313 None Listed On Document
Palmer Steven M $354,000 Old Republic Title Ltd
Gong Yanfei $351,000 First American Title Ins Co
Dirkse Michelle A H $119,950 --
Farneman Stephen W $95,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Palmer Steven M $265,500
Previous Owner Palmer Steven M $265,500
Previous Owner Gong Yanfei $268,000
Previous Owner Dirkse Michelle A H $45,000
Previous Owner Dirkse Michelle A H $74,650
Previous Owner Farneman Stephen W $90,250
Closed Dirkse Michelle A H $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/23/2021 11/23/21 Sold $354,000 -0.3% $792 / Sq Ft
11/09/2021 11/09/21 Pending -- -- --
11/05/2021 11/05/21 Price Changed $355,000 0.0% $794 / Sq Ft
11/05/2021 11/05/21 For Sale $355,000 -1.9% $794 / Sq Ft
10/27/2021 10/27/21 Pending -- -- --
10/07/2021 10/07/21 For Sale $362,000 +3.1% $810 / Sq Ft
08/02/2017 08/02/17 Sold $351,000 +19.0% $785 / Sq Ft
06/29/2017 06/29/17 Pending -- -- --
06/20/2017 06/20/17 For Sale $295,000 -- $660 / 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 $3,075 $330,000 $102,900 $227,100
2023 $2,636 $336,000 $102,900 $233,100
2022 $2,879 $320,000 $93,500 $226,500
2021 $2,874 $322,000 $93,500 $228,500
2020 $3,115 $305,000 $93,500 $211,500
2018 $2,637 $343,000 $72,700 $270,300
2017 $2,143 $273,000 $59,200 $213,800
2016 $1,826 $229,000 $47,800 $181,200
2015 $1,720 $190,000 $41,500 $148,500
2014 -- $183,000 $32,700 $150,300
2013 -- $154,000 $29,600 $124,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1849714

Northwest Multiple Listing Service (NWMLS)

APN: 560795-1020