Listed by Windermere Real Estate/East, Bought with COMPASS
$1,800,000
SOLD OCT 6, 2023

505 W Mercer Place Unit 101 Seattle, WA 98119

Lower Queen Anne Neighborhood
2 Beds
2.5 Baths
2,942 Sq Ft
$1,404/mo HOA Fee

Recently Sold

$612 Per Sq Ft

4% Below List Price

58 Days on Market

Highlights

  • Views of a Sound
  • Property is near public transit
  • Double Oven
  • John Hay Elementary School Rated A
  • Wood Flooring
  • Balcony

About This Home

As of October 2023

Soak in floor-to-ceiling views of Elliot Bay & the Olympics in Lower Queen Anne. Enjoy a balance of Seattle’s urban energy & the Northwest's trademark beauty. Immaculate in taste w/upscale elements. Designer lighting, plush drapery & a rich color palette enhances the lavish feel. Updated Chef's kitchen w/slab quartzite counters, premium appliances, custom cabinetry, & a 240+ bottle wine room. Grand entertainer’s floor plan featuring great room w/private view patio. Guest Room, + den w/3rd additional sleeping area/office/flex space. Secure elevator entry & service door, garage w/3 parking spaces & large storage room. Walk to the waterfront from your private secured stairwell off patio. Steps to Climate Pledge Arena, Seattle Center & dining.

Last Agent to Sell the Property

Julie Taylor

Windermere Real Estate/East License #25304 Listed on: 07/05/2023

Windermere Real Estate/East

Last Buyer's Agent

Daniel Sessoms

COMPASS License #24492

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2135127

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,656

Year Built

  • Built in 2002

HOA Fees

  • $1,404 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Common or Shared Parking

Property Views

  • Views of a Sound
  • Bay
  • Mountain
  • Territorial

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,942 Sq Ft Home
  • Central Vacuum
  • Gas Fireplace
  • Insulated Windows
  • French Doors
  • Alarm System

Kitchen

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

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • Soaking Tub

Laundry

  • Gas Dryer
  • Washer

Accessible Home Design

  • Accessible Elevator Installed
  • Accessible Bedroom
  • Accessible Kitchen
  • Central Living Area
  • Accessible Approach with Ramp
  • Accessible Entrance
  • Smart Technology

Outdoor Features

  • Balcony
  • Patio

Schools

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

Utilities

  • High Efficiency Air Conditioning
  • Forced Air Heating and Cooling System
  • High Efficiency Heating System
  • Heating System Mounted To A Wall or Window
  • Tankless Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Sprinkler System
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 1532000010

Community Details

Overview

  • Association fees include cable TV, central hot water, common area maintenance, earthquake insurance, garbage, lawn service, sewer, water
  • 8 Units
  • Chris Carrs Association
  • Secondary HOA Phone (253) 732-2668
  • Chatillon Condos
  • Queen Anne Subdivision
  • Park Phone (206) 695-4807 | Manager Tim Stratton
  • 5-Story Property

Pet Policy

  • Dogs and Cats Allowed

Additional Features

  • Lobby
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,656

Year Built

Built in 2002

Lot Details

0

HOA Fees

$1,404 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Accessibility Features: Accessible Approach with Ramp, Accessible Bedroom, Accessible Central Living Area, Accessible Elevator Installed, Accessible Entrance, Accessible Kitchen, Smart Technology
  • Year Built: 2002
  • Inclusions: Dishwasher,DoubleOven,Dryer,GarbageDisposal,Microwave,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Chatillon Condos
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 2942
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 0
  • RemodeledUpdated: true
  • UnitFeatures: Alarm System,Balcony/Deck/Patio,Central Vacuum,French Doors,Insulated Windows,Jetted/Soaking Tub,Primary Bath,Sprinkler System,Walk-in Closet
  • Special Features: None
  • Cumulative Days on Market: 778

Interior Features

  • Fireplaces: 1
  • Appliances: Dishwasher, Double Oven, Dryer, Disposal, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Ceramic Tile, Hardwood, Wall to Wall Carpet, Balcony/Deck/Patio, Cooking-Gas, Dryer-Gas, Washer, Fireplace, Water Heater
  • Main Level Bedrooms: 2
  • Stories: 5
  • Bathrooms: 2.5
  • BathsFullMain: 2
  • FireplacesMain: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • FloorNumberOfUnit: 1
  • StorageNo: P2 Next to Prkg
  • AppliancesIncluded: Dishwasher,Double Oven,Dryer,Garbage Disposal,Microwave,Refrigerator,Stove/Range,Washer
  • StorageLocation: Garage
  • WindowCoverings: Drapes
  • NWM_NumberOfBathtubs: 2
  • NWM_NumberOfShowers: 2

Exterior Features

  • Roof: Composition, Flat
  • View: Bay, Mountain(s), Sound, Territorial
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Brick, Stucco
  • Structure Type: Multi Family
  • BusLineNearby: true
  • ViewFrom: Unit

Garage/Parking

  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Common Garage
  • Total Parking Spaces: 3
  • ParkingSpaceNumbers: 17, 18, 19

Utilities

  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Cooling: 90%+ High Efficiency, Central A/C
  • Cooling Y N: Yes
  • Heating: 90%+ High Efficiency, Forced Air, Tankless Water Heater, Wall Unit(s)
  • Heating Yn: Yes
  • ApplianceHookups: Cooking-Gas,Dryer-Gas,Washer
  • WaterHeaterLocation: Laundry
  • WaterHeaterType: Tankless

Condo/Co-op/Association

  • Community Features: Cable TV, Elevator, Fire Sprinklers, High Speed Int Avail, Lobby Entrance
  • Park Manager Name: Tim Stratton
  • Park Manager Phone: 206-695-4807
  • Senior Community: No
  • Association Fee: 1404
  • Association Fee Frequency: Monthly
  • Phone: 253-732-2668
  • Association: Yes
  • Pets Allowed: Cats OK, Dogs OK, Subj to Restrictions
  • AssociationContactName: Chris Carrs
  • CoOp: false
  • CommonPropertyFeatures: Cable TV,Elevator,Fire Sprinklers,High Speed Int Avail,Lobby Entrance

Fee Information

  • Association Fee Includes: Cable TV, Central Hot Water, Common Area Maintenance, Earthquake Insurance, Garbage, Lawn Service, See Remarks, Sewer, Water

Schools

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

Lot Info

  • Parcel Number: 1532000010
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Tax Records
  • MLSSquareFootageSource: Tax Records

Green Features

  • Efficiency: Insulated Windows
  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • RentalCap: No Rental Cap

Tax Info

  • Year: 2022
  • Tax Annual Amount: 10656

Multi Family

  • Number Of Units In Community: 8
  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 8

MLS Schools

  • Elementary School: John Hay Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2023
Closed on
Sep 30, 2023
Sold by
Savitt Katherine and Savitt Adam
Bought by
Austin Sanchez Trust and Jones
Seller's Agent
Julie Taylor
Windermere Real Estate/East
Buyer's Agent
Daniel Sessoms
COMPASS
List Price
$1,875,000
Sold Price
$1,800,000
Premium/Discount to List
-$75,000
-4%
Views
60

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.26%

Purchase Details

Listed on
Nov 17, 2019
Closed on
Jan 16, 2020
Sold by
Garbe John and Weller Susan
Bought by
Savitt Katherine and Diamond Adam
Seller's Agent
Colleen McCann
Windermere RE Magnolia
Buyer's Agent
Domonique Pevny
FIRST AND MAIN
List Price
$1,385,000
Sold Price
$1,285,000
Premium/Discount to List
-$100,000
-7.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.51%
Original Mortgage
$963,750
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 18, 2016
Closed on
Sep 6, 2016
Sold by
Riser Jon D and Riser Tracy
Bought by
Weller Susan and Garbe John
Seller's Agent
Kurt Metzger
RSVP Brokers ERA
Buyer's Agent
Colleen McCann
Windermere RE Magnolia
List Price
$1,199,500
Sold Price
$1,150,000
Premium/Discount to List
-$49,500
-4.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.38%
Original Mortgage
$862,500
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2006
Sold by
Riser Don and Riser Joan
Bought by
Riser Jon D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 20, 2003
Sold by
505 W Mercer Place Llc
Bought by
Riser Don and Riser Joan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$661,500
Interest Rate
3.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 13, 2000
Sold by
Linardos James T
Bought by
Riser Jon D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
4.35%
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 Type Sale Price Title Company
Warranty Deed $1,800,000 Stewart Title
Warranty Deed $1,286,000 Cw Title
Warranty Deed $1,150,000 Chicago Title
Warranty Deed $1,250,000 Pacific Nw Tit
Warranty Deed $945,000 Chicago Title
Warranty Deed $600,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $963,750 New Conventional
Previous Owner $862,500 New Conventional
Previous Owner $124,875 Credit Line Revolving
Previous Owner $1,000,000 Fannie Mae Freddie Mac
Previous Owner $661,500 Purchase Money Mortgage
Previous Owner $480,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2025 07/31/25 Price Changed $1,995,888 -5.0% $678 / Sq Ft
07/09/2025 07/09/25 Price Changed $2,100,000 -2.3% $714 / Sq Ft
06/21/2025 06/21/25 For Sale $2,150,000 +19.4% $731 / Sq Ft
10/06/2023 10/06/23 Sold $1,800,000 -4.0% $612 / Sq Ft
09/01/2023 09/01/23 Pending -- -- --
07/05/2023 07/05/23 For Sale $1,875,000 +45.9% $637 / Sq Ft
01/22/2020 01/22/20 Sold $1,285,000 -7.2% $473 / Sq Ft
12/16/2019 12/16/19 Pending -- -- --
11/17/2019 11/17/19 For Sale $1,385,000 +20.4% $510 / Sq Ft
09/20/2016 09/20/16 Sold $1,150,000 -4.1% $423 / Sq Ft
08/11/2016 08/11/16 Pending -- -- --
07/27/2016 07/27/16 For Sale $1,199,500 0.0% $441 / Sq Ft
07/20/2016 07/20/16 Pending -- -- --
07/18/2016 07/18/16 For Sale $1,199,500 -- $441 / 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 $16,183 $1,743,000 $341,400 $1,401,600
2023 $10,150 $1,307,000 $341,400 $965,600
2022 $10,656 $1,233,000 $305,400 $927,600
2021 $11,018 $1,192,000 $287,500 $904,500
2020 $10,970 $1,170,000 $287,500 $882,500
2018 $12,386 $1,361,000 $269,500 $1,091,500
2017 $10,440 $1,285,000 $215,600 $1,069,400
2016 $9,751 $1,119,000 $161,700 $957,300
2015 $10,418 $1,019,000 $114,900 $904,100
2014 -- $1,115,000 $114,900 $1,000,100
2013 -- $894,000 $111,300 $782,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2135127

Northwest Multiple Listing Service (NWMLS)

APN: 153200-0010