Listed by KW Greater Seattle, Bought with Redfin
NOT LISTED FOR SALE

501 W Olympic Place Unit A Seattle, WA 98119

Lower Queen Anne Neighborhood

Estimated Value: $1,138,000 - $1,228,000

3 Beds
2.5 Baths
1,530 Sq Ft
$772/Sq Ft Est. Value

Last Sold October 23, 2020

Last sale price $940,000 $614 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $7,220/month

34 Days on Market

Highlights

  • Ocean View
  • Deck
  • Wood Flooring
  • John Hay Elementary School Rated A
  • Property is near public transit
  • 4-minute walk to Kinnear Park

About This Home

As of October 2020

Welcome to your new home in Queen Anne. Top deck views of the Space Needle, Mt. Rainer and the Puget Sound will always make you feel at home in Seattle. This exceptional townhome is complete with: large master suite with custom closet systems, large bedrooms, full sized W/D, tandem 2 car garage with high ceilings, high-end appliances in open concept kitchen, and excellent views from your private deck. With a walk score of 85 you will be surrounded by everything that Queen Anne has to offer.

Last Agent to Sell the Property

Chris LaBarge

KW Greater Seattle License #114267 Listed on: 08/20/2020

KW Greater Seattle

Co-Listed By

John Anderson

KW Greater Seattle License #84235

Last Buyer's Agent

Cortney Engleman

Redfin License #116364

Redfin

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1648630

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,218

Year Built

  • Built in 2007

Lot Details

  • 1,415 Sq Ft Lot
  • Property is in very good condition
  • Zoning described as LR3 (M)

HOA Fees

  • $208 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Ocean
  • Views of a Sound
  • City
  • Canal
  • Mountain
  • Territorial

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 1,530 Sq Ft Home
  • Multi-Level Property
  • 1 Fireplace
  • French Doors

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Storm Windows

Outdoor Features

  • Deck

Location

  • Property is near public transit
  • Property is near a bus stop

Utilities

  • Water Heater
  • High Speed Internet
  • High Tech Cabling
  • Cable TV Available

Community Details

  • Queen Anne Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Legal Lot and Block 13-14 / 19
  • Assessor Parcel Number 3879901284

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,218

Year Built

Built in 2007

Lot Details

0

HOA Fees

$208 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 32 - Townhouse
  • Year Built: 2007
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Microwave,RangeOven,Refrigerator,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Kinnears
  • Unit Levels: Multi/Split
  • New Construction: No
  • CalculatedSquareFootage: 1530
  • SeniorExemption: false
  • Special Features: VirtualTour

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Appliances: Dryer, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Ceramic Tile, Hardwood, Bath Off Primary, Double Pane/Storm Window, French Doors, High Tech Cabling, Jetted Tub, Security System, Water Heater
  • Living Area: 1530
  • Bathrooms: 2.5
  • BathsFullMain: 0
  • FireplacesMain: 1
  • SquareFootageFinished: 1530
  • SquareFootageUnfinished: 510
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 2
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 3
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Microwave,Range/Oven,Refrigerator,Washer

Exterior Features

  • Roof: Composition
  • View: Canal, City, Mountain(s), Ocean, Sound, Territorial
  • View: Yes
  • Waterfront: No
  • Exterior Features: Brick, Cement Planked
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Townhouse
  • BusLineNearby: true

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Total Parking Spaces: 2

Utilities

  • Sewer: Available
  • Water Source: Public
  • Security: Security System
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Electricity Available, Natural Gas Connected
  • PowerCompany: Seattle
  • SewerCompany: Seattle
  • WaterCompany: Seattle
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Gas

Condo/Co-op/Association

  • Community Features: CCRs
  • Association Fee: 208
  • Association Fee Frequency: Monthly

Schools

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

Lot Info

  • Parcel Number: 3879901284
  • Lot Size Acres: 0.0325
  • Lot Size Sq Ft: 1415
  • Zoning Description: LR3 (M)
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Gas Available,High Speed Internet
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist
  • ZoningJurisdiction: City
  • LotNumber: 13-14

Green Features

  • Efficiency: High Efficiency - 90%+
  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2020
  • Tax Annual Amount: 9218

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2020
Closed on
Oct 15, 2020
Sold by
Ronald A And Patricia L Murrin Family Tr and Murrin Ronald A
Bought by
Kirk James Thomas and Ramanathan Renuka
Seller's Agent
Chris LaBarge
KW Greater Seattle
Buyer's Agent
Cortney Engleman
Redfin
List Price
$998,500
Sold Price
$940,000
Premium/Discount to List
-$58,500
-5.86%
Current Estimated Value
$1,181,196

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,196
Avg. Annual Appreciation
4.75%
Original Mortgage
$741,750
Outstanding Balance
$661,556
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$519,104

Purchase Details

Closed on
May 29, 2013
Sold by
Murrin Ronald A and Murrin Patricia L
Bought by
Murrin Ronald A and Murrin Patricia L

Purchase Details

Closed on
Apr 27, 2011
Sold by
National Transfer Services Llc
Bought by
Murrin Ronald A and Murrin Patricia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.77%
Mortgage Type
New Conventional
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
Kirk James Thomas $940,000 Chicago Title
Murrin Ronald A -- None Available
Murrin Ronald A $600,000 Stewart Title
National Transfer Services Llc $600,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kirk James Thomas $741,750
Previous Owner Murrin Ronald A $417,000
Previous Owner Hug Timothy H $717,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2020 10/23/20 Sold $940,000 -1.0% $614 / Sq Ft
09/23/2020 09/23/20 Pending -- -- --
09/14/2020 09/14/20 Price Changed $949,500 -4.9% $621 / Sq Ft
08/20/2020 08/20/20 For Sale $998,500 -- $653 / 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 $9,302 $984,000 $416,000 $568,000
2023 $9,068 $1,005,000 $416,000 $589,000
2022 $9,078 $1,088,000 $441,000 $647,000
2021 $8,341 $1,003,000 $279,000 $724,000
2020 $9,218 $873,000 $257,000 $616,000
2018 $8,262 $1,060,000 $275,000 $785,000
2017 $8,060 $846,000 $238,000 $608,000
2016 $7,175 $855,000 $221,000 $634,000
2015 $5,952 $742,000 $191,000 $551,000
2014 -- $619,000 $153,000 $466,000
2013 -- $581,000 $145,000 $436,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1648630

Northwest Multiple Listing Service (NWMLS)

APN: 387990-1284