NOT LISTED FOR SALE

The Lumen Condominium 500 Mercer St Unit M215 Seattle, WA 98109

Lower Queen Anne Neighborhood

Estimated Value: $722,000 - $870,000

2 Beds
2 Baths
1,266 Sq Ft
$635/Sq Ft Est. Value

About This Home

This home is located at 500 Mercer St Unit M215, Seattle, WA 98109 and is currently estimated at $804,327, approximately $635 per square foot. 500 Mercer St Unit M215 is a home located in King County with nearby schools including John Hay Elementary School, Mcclure Middle School, and Lincoln High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 20, 2023
Sold by
Chao Tan-Hui and Chao Ming
Bought by
Froese Katie
Current Estimated Value
$804,327

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$740,000
Outstanding Balance
$669,904
Interest Rate
6.07%
Mortgage Type
New Conventional
Estimated Equity
$134,423

Purchase Details

Closed on
Mar 27, 2019
Sold by
Kim Mddn Soo
Bought by
Chao Tan Hui and Chang Ming

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,000
Interest Rate
5.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 1, 2009
Sold by
Kim Jung Ho
Bought by
Kim Moon Soo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,500
Interest Rate
5.19%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 26, 2009
Sold by
500 Mercer Partners Llc
Bought by
Kim Moon Soo and Kim Sylvia H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,500
Interest Rate
5.19%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
Froese Katie $830,000 First American Title
Chao Tan Hui $820,000 Ticor Title
Kim Moon Soo -- Pacific Nw Tit
Kim Moon Soo $370,000 Pacific Nw Tit
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Froese Katie $740,000
Previous Owner Chao Tan Hui $492,000
Previous Owner Kim Moon Soo $277,500
Source: Public Records

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 $6,780 $721,000 $263,900 $457,100
2023 $5,800 $760,000 $263,900 $496,100
2022 $6,615 $698,000 $239,900 $458,100
2021 $6,692 $735,000 $203,900 $531,100
2020 $7,189 $706,000 $203,900 $502,100
2018 $6,060 $753,000 $191,900 $561,100
2017 $4,923 $624,000 $107,900 $516,100
2016 $4,301 $523,000 $95,900 $427,100
2015 $3,737 $445,000 $95,900 $349,100
2014 -- $395,000 $79,100 $315,900
2013 -- $313,000 $69,500 $243,500
Source: Public Records

About The Lumen Condominium

Map

Washington King County Seattle 98109 Lower Queen Anne

500 Mercer St Unit M215, Seattle, WA

This home is located at 500 Mercer St Unit M215, Seattle, WA 98109 and is currently estimated at $804,327, approximately $635 per square foot. 500 Mercer St Unit M215 is a home located in King County with nearby schools including John Hay Elementary School, Mcclure Middle School, and Lincoln High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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