Listed by COMPASS, Bought with Lake & Company
NOT LISTED FOR SALE

501 W Olympic Place Unit B Seattle, WA 98119

Lower Queen Anne Neighborhood

Estimated Value: $1,129,000 - $1,229,000

3 Beds
3 Baths
1,490 Sq Ft
$790/Sq Ft Est. Value

Last Sold October 02, 2018

Last sale price $998,000 $670 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $6,985/month

7 Days on Market

Highlights

  • Views of a Sound
  • Deck
  • Wood Flooring
  • John Hay Elementary School Rated A
  • Northwest Architecture
  • 4-minute walk to Kinnear Park

About This Home

As of October 2018

Ultimate Queen Anne town home w/ stunning Space Needle, Seattle skyline, Mt. Rainier & Elliot Bay views. Main floor features a best-in-class kitchen, hardwoods, crown molding & a cozy gas fireplace. Effortless indoor-outdoor entertaining possibilities on the roof-top view deck & on the darling front patio just off the living room. Full-floor master suite w/ Juliette balcony & spa-like master bath. 2 car gar w/ storage, California Closet-style built-ins. Mins to parks, shopping, dining and more!

Last Agent to Sell the Property

Stephen Macdonald

COMPASS License #25670 Listed on: 08/27/2018

COMPASS

Last Buyer's Agent

Alysan Long

Lake & Company License #131791

Lake & Company

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1352168

Northwest Multiple Listing Service (NWMLS)

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $9,228

Year Built

  • Built in 2007

Lot Details

  • 871

Parking

  • Attached Garage

Property Views

  • Views of a Sound
  • Bay
  • City
  • Mountain

Home Design

  • Northwest Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof
  • Stucco
  • Wood Composite

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Additional Features

  • 1 Fireplace
  • Property is Fully Fenced
  • Cable TV Available

Community Details

  • Queen Anne Community

Listing and Financial Details

  • Assessor Parcel Number 3879901283

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$9,228

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 32 - Townhouse
  • Architecture: Nw Contemporary
  • Building Information: Built On Lot
  • Year Built: 2007
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Features: Bath Off Master, French Doors, Walk-In Closet
  • Floor Covering: Ceramic Tile, Hardwood, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • 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
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 1490
  • Square Footage Finished: 1490

Exterior Features

  • Exterior: Brick, Stucco, Wood Products
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Bay, City, Mountain, Sound

Garage/Parking

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

Utilities

  • Heating And Cooling: Forced Air, 90%+ High Efficiency
  • Sewer: Sewer Connected
  • Water Heater: Garage-Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Queen Anne

Schools

  • School District: SEA

Lot Info

  • Lot Details: Paved Street, Sidewalk
  • Lot Sq Ft: 942
  • Parcel Number: 3879901283

Tax Info

  • Tax Amount: 8224

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2018
Closed on
Sep 25, 2018
Sold by
Khairom Achinta and Kangabam Anuradha
Bought by
Lam Phuong T and Lam Linh K
Seller's Agent
Stephen Macdonald
COMPASS
Buyer's Agent
Alysan Long
Lake & Company
List Price
$998,000
Sold Price
$998,000
Current Estimated Value
$1,177,073

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,073
Avg. Annual Appreciation
2.27%
Original Mortgage
$798,400
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 16, 2014
Sold by
Bui Lan Ngoc Le
Bought by
Bui Lan Ngoc Le Trust (Revocable Trust)

Purchase Details

Closed on
Jan 8, 2008
Sold by
5Th & Olympic Llc
Bought by
Bui Lan Ngoc Le

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
6.05%
Mortgage Type
Purchase Money Mortgage
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
Lam Phuong T $998,000 Fidelity National Title
Bui Lan Ngoc Le Trust (Revocable Trust) -- --
Bui Lan Ngoc Le $795,000 The Talon Grou
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lam Anh Phuong T $760,150
Closed Lam Phuong T $798,400
Previous Owner Bui Lan Ngoc Le $412,259
Previous Owner Khairom Achinta $612,000
Previous Owner Bui Lan Ngoc Le $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2018 10/02/18 Sold $998,000 0.0% $670 / Sq Ft
09/03/2018 09/03/18 Pending -- -- --
08/27/2018 08/27/18 For Sale $998,000 -- $670 / 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 $9,228 $976,000 $416,000 $560,000
2023 $8,987 $996,000 $416,000 $580,000
2022 $9,042 $1,078,000 $441,000 $637,000
2021 $8,304 $999,000 $279,000 $720,000
2020 $9,171 $869,000 $257,000 $612,000
2018 $8,224 $1,055,000 $275,000 $780,000
2017 $8,023 $842,000 $238,000 $604,000
2016 $6,985 $851,000 $221,000 $630,000
2015 $5,795 $722,000 $191,000 $531,000
2014 -- $602,000 $153,000 $449,000
2013 -- $565,000 $145,000 $420,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1352168

Northwest Multiple Listing Service (NWMLS)

APN: 387990-1283