NOT LISTED FOR SALE

501 W Olympic Place Unit D Seattle, WA 98119

Lower Queen Anne Neighborhood

Estimated Value: $975,000 - $1,133,000

3 Beds
2.5 Baths
1,640 Sq Ft
$645/Sq Ft Est. Value

Last Sold July 14, 2022

Last sale price $1,137,500 $694 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $6,899/month

20 Days on Market

Highlights

  • Views of a Sound
  • Rooftop Deck
  • Vaulted Ceiling
  • John Hay Elementary School Rated A
  • Property is near public transit
  • 4-minute walk to Kinnear Park

About This Home

As of July 2022

Year-round spectacular Sound, Space Needle and Mt Rainier views from the Rooftop deck of this dynamic townhome. Top floor features remarkable owner's suite to soak up the views! Secondary bdrms share the spacious 2nd floor. The main floor is comfortable & fun - an inviting space to entertain! Move in ready - Real hardwood floors added in 2016 & original floors refinished in 2021. Kitchen redesigned & updated in 2018. Rooftop deck resurfaced in 2021. Other improvements incl flagstone patio & fountain, interior/exterior paint, new light fixtures thruout, keyless entry & Ring security. Extra storage in large tandem garage. Modern luxury defines this urban retreat. The perfect walkable location on Queen Anne's popular south slope. Welcome Home!

Last Agent to Sell the Property

Nanette Bergdahl

RE/MAX Northwest License #8491 Listed on: 06/17/2022

RE/MAX Northwest

Co-Listed By

Richard Bergdahl

RE/MAX Northwest License #6676

Last Buyer's Agent

Joanie Brennan

Windermere Real Estate Midtown License #48445

Windermere Real Estate Midtown

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1953881

Northwest Multiple Listing Service (NWMLS)

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $9,078

Year Built

  • Built in 2007

Lot Details

  • 1,364 Sq Ft Lot
  • Property is Fully Fenced
  • Sprinkler System
  • Garden
  • Zero Lot Line

HOA Fees

  • $200 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Views of a Sound
  • Bay
  • City
  • Mountain

Home Design

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

Interior Spaces

  • 1,640 Sq Ft Home
  • Multi-Level Property
  • Vaulted Ceiling
  • 1 Fireplace
  • French Doors
  • Dining Room
  • Home Security System

Kitchen

  • Oven or Range
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Rooftop Deck
  • Patio

Location

  • Property is near public transit

Schools

  • Hay Elementary School
  • Mc Clure Mid Middle School
  • Lincoln High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 3879901281
  • Tax Block 19

Community Details

Overview

  • Townsend Townhomes Association
  • Kinnears Condos
  • Queen Anne Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Security

  • Storm Windows

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$9,078

Year Built

Built in 2007

Lot Details

0

HOA Fees

$200 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 32 - Townhouse
  • Year Built: 2007
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Microwave,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Townhouse
  • Building Name: Kinnears
  • Unit Levels: Multi/Split
  • New Construction: No
  • CalculatedSquareFootage: 1640
  • SeniorExemption: false
  • Special Features: None
  • Cumulative Days on Market: 1,070

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Ceramic Tile, Hardwood, Bath Off Primary, Double Pane/Storm Window, Dining Room, French Doors, High Tech Cabling, Security System, Vaulted Ceiling(s), Walk-In Closet(s), Water Heater
  • Living Area: 1640
  • Bathrooms: 2.5
  • BathsFullMain: 0
  • FireplacesMain: 1
  • SquareFootageFinished: 1640
  • 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,Refrigerator,Stove/Range,Washer

Exterior Features

  • Roof: Composition
  • View: Bay, City, Mountain(s), Sound
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Brick, Stucco, Wood Products
  • Foundation Details: Poured Concrete
  • 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
  • Parking Features: Attached Garage
  • Total Parking Spaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Electricity Available, Natural Gas Connected, Common Area Maintenance
  • HeatingCoolingType: Radiant
  • PowerCompany: Seattle City Light
  • SewerCompany: City of Seattle
  • WaterCompany: City of Seattle
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Gas

Condo/Co-op/Association

  • Community Features: CCRs
  • Senior Community: No
  • Association Fee: 200
  • Association Fee Frequency: Monthly
  • Association: Yes
  • AssociationContactName: Townsend Townhomes

Schools

  • Junior High Dist: Seattle
  • High School: Lincoln High
  • Middle Or Junior School: Mc Clure Mid

Lot Info

  • Parcel Number: 3879901281
  • Land Lease: No
  • Lot Size Acres: 0.0313
  • Lot Size Sq Ft: 1364
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Fully,Gas Available,High Speed Internet,Patio,Rooftop Deck,Sprinkler System
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Appraisal

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • ShortTermRentalYN: false

Tax Info

  • Year: 2022
  • Tax Annual Amount: 9078

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Hay

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2022
Closed on
Jul 8, 2022
Sold by
Chrzan Patricia A
Bought by
Torres Robert W and Torres Laura R
Seller's Agent
Nanette Bergdahl
RE/MAX Northwest
Buyer's Agent
Joanie Brennan
Windermere Real Estate Midtown
List Price
$1,250,000
Sold Price
$1,137,500
Premium/Discount to List
-$112,500
-9%
Total Days on Market
20
Current Estimated Value
$1,058,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$79,389
Avg. Annual Appreciation
-2.48%

Purchase Details

Listed on
Jul 2, 2013
Closed on
Aug 9, 2013
Sold by
Strong Charlene Denise and Bealko Courteney Jean
Bought by
Chrzan Patricia A
Seller's Agent
Rebecca Evans
Windermere R.E.N.W. Eastlake
Buyer's Agent
Nanette Bergdahl
RE/MAX Northwest
List Price
$800,000
Sold Price
$800,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.02%
Original Mortgage
$640,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 19, 2008
Sold by
5Th & Olympic Llc
Bought by
Strong Charlene Denise and Bealko Courteney Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
6.03%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Torres Robert W $1,137,500 First American Title
Chrzan Patricia A $800,000 Cw Title Co
Strong Charlene Denise $715,000 The Talon Grou
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Risong Na And Haoting Zhuang T $820,300
Previous Owner Chrzan Patricia A $599,900
Previous Owner Chrzan Patricia A $670,000
Previous Owner Chrzan Patricia A $640,000
Previous Owner Strong Charlene Denise $75,000
Previous Owner Strong Charlene Denise $401,560
Previous Owner 5Th & Olympic Llc $1,000,000
Previous Owner 5Th & Olympic Llc $4,050,000
Previous Owner Strong Charlene Denise $410,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2022 07/14/22 Sold $1,137,500 -5.2% $694 / Sq Ft
07/07/2022 07/07/22 Pending -- -- --
06/29/2022 06/29/22 Price Changed $1,200,000 -4.0% $732 / Sq Ft
06/17/2022 06/17/22 For Sale $1,250,000 +56.3% $762 / Sq Ft
08/09/2013 08/09/13 Sold $800,000 0.0% $523 / Sq Ft
07/08/2013 07/08/13 Pending -- -- --
07/02/2013 07/02/13 For Sale $800,000 -- $523 / 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 $9,320 $986,000 $416,000 $570,000
2023 $9,085 $1,007,000 $416,000 $591,000
2022 $9,078 $1,090,000 $441,000 $649,000
2021 $8,341 $1,003,000 $279,000 $724,000
2020 $9,218 $873,000 $257,000 $616,000
2018 $8,271 $1,061,000 $275,000 $786,000
2017 $8,069 $847,000 $238,000 $609,000
2016 $7,336 $856,000 $221,000 $635,000
2015 $6,082 $759,000 $191,000 $568,000
2014 -- $633,000 $153,000 $480,000
2013 -- $594,000 $145,000 $449,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1953881

Northwest Multiple Listing Service (NWMLS)

APN: 387990-1281