NOT LISTED FOR SALE

501 W Olympic Place Unit A Seattle, WA 98119

Lower Queen Anne Neighborhood

Estimated Value: $1,015,000 - $1,200,000

3 Beds
3 Baths
1,530 Sq Ft
$732/Sq Ft Est. Value

Last Sold October 23, 2020

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

Est. 19% increase in value since last sale

Current estimated payment $7,044/month

34 Days on Market

Highlights

  • Ocean View
  • Deck
  • 1 Fireplace
  • John Hay Elementary School Rated A
  • Wood Flooring
  • 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 Listed By

Chris LaBarge

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

KW Greater Seattle

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1648630

Northwest Multiple Listing Service (NWMLS)

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $9,302

Year Built

  • Built in 2007

Lot Details

  • 1,307

Parking

  • 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

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Utilities

  • High Speed Internet
  • Cable TV Available

Additional Features

  • 1 Fireplace
  • Deck

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 3879901284

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$9,302

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 32 - Townhouse
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 2007
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Features: Bath Off Master, Dbl Pane/Storm Windw, French Doors, High Tech Cabling, Jetted Tub, Security System, Vaulted Ceilings
  • Floor Covering: Ceramic Tile, Hardwood, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Approved Number of Bedrooms: 3
  • Bedrooms: 3.00
  • Bathrooms: 2.50
  • Total Full Bathrooms: 2
  • Total Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Dining Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 1530
  • Square Footage Finished: 1530
  • Square Footage Unfinished: 510

Exterior Features

  • Exterior: Brick, Cement Planked
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Canal, City, Mountain, Ocean, Sound, Territorial

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Radiant, 90%+ High Efficiency
  • Power Company: Seattle
  • Septic Approved for Number of Bedrooms: 3
  • Sewer: Available
  • Sewer Company: Seattle
  • Water Company: Seattle
  • Water Heater: Garage-Gas
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 208
  • Community Name: Queen Anne
  • Project: Kinnears
  • Community Features: CCRs

Schools

  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify
  • School District: SEA

Lot Info

  • Lot Number: 13-14
  • Lot Sq Ft: 1415
  • Parcel Number: 3879901284
  • Zoning Code: LR3 (M)
  • Zoning Jurisdiction: City

Tax Info

  • Tax Amount: 9218

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2020
Closed on
Oct 15, 2020
Sold by
Murrin Ronald A and Murrin Patricia L
Bought by
Kirk James Thomas and Ramanathan Renka
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%
Total Days on Market
34
Current Estimated Value
$1,120,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,047
Avg. Annual Appreciation
3.94%
Original Mortgage
$741,750
Outstanding Balance
$666,048
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$456,612

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

Range of Values:

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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
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: NWM1648630

Northwest Multiple Listing Service (NWMLS)

APN: 387990-1284