Listed by Windermere RE Magnolia, Bought with FIRST AND MAIN
$1,285,000
SOLD JAN 22, 2020

505 W Mercer Place Unit 101 Seattle, WA 98119

Lower Queen Anne Neighborhood
2 Beds
2.5 Baths
2,718 Sq Ft
$1,178/mo HOA Fee

Recently Sold

$473 Per Sq Ft

7% Below List Price

29 Days on Market

Highlights

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

About This Home

As of October 2023

Spectacular Bay, Sound, Olympic and Alki floor-to-ceiling views in rarely available Chattilon Condominium. Ideal location in Lower Queen Anne - 1 mile to Expedia; walk to PNB, Seattle Ctr, restaurants & shops. Open floor plan perfect for entertaining; huge chef’s kitchen, dining & living areas have spacious deck. Luxurious master suite with views; guest suite; bonus room as third bedroom, office, or exercise room. Secure elevator opens into the condo; garage with three parking spaces & storage.

Last Agent to Sell the Property

Colleen McCann

Windermere RE Magnolia License #49851 Listed on: 11/17/2019

Windermere RE Magnolia

Last Buyer's Agent

Domonique Pevny

FIRST AND MAIN License #135665

FIRST AND MAIN

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1527261

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,383

Year Built

  • Built in 2002

HOA Fees

  • $1,178 Monthly HOA Fees

Parking

  • 3 Car Garage

Property Views

  • Views of a Sound
  • Bay
  • Mountain
  • Territorial

Home Design

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

Interior Spaces

  • 2,718 Sq Ft Home
  • Central Vacuum
  • Gas Fireplace
  • Insulated Windows
  • French Doors
  • Alarm System

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • 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
  • Central Living Area
  • Accessible Approach with Ramp

Schools

  • Mc Clure Mid Middle School
  • Ballard High School

Utilities

  • Radiator
  • Natural Gas Connected
  • Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Balcony
  • 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, garbage, lawn service, water/sewer
  • Chris Jacobson Association
  • Secondary HOA Phone (509) 750-7009
  • Chatillon Condominium Condos
  • Queen Anne Subdivision
  • Park Phone (206) 441-7900 | Manager Tim Stratton
  • 5-Story Property

Additional Features

  • Lobby
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,383

Year Built

Built in 2002

Lot Details

0

HOA Fees

$1,178 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Accessibility Features: Accessible Approach with Ramp, Accessible Central Living Area, Accessible Elevator Installed
  • Year Built: 2002
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Microwave,RangeOven,Refrigerator,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Traditional
  • Building Name: Chatillon Condominium
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 2718
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 0
  • UnitFeatures: Alarm System,Balcony/Deck/Patio,Central Vacuum,French Doors,Insulated Windows,Jetted/Soaking Tub,Primary Bath,Walk-in Closet
  • Special Features: None
  • Cumulative Days on Market: 51

Interior Features

  • Fireplaces: 1
  • Appliances: Dryer, 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: Radiator, Ceramic Tile, Hardwood, Cooking-Gas, Dryer-Gas, Washer, 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,Dryer,Garbage Disposal,Microwave,Range/Oven,Refrigerator,Washer
  • StorageLocation: Garbage
  • WindowCoverings: Shades

Exterior Features

  • Roof: Composition, Flat
  • View: Bay, Mountain(s), Sound, Territorial
  • Lot Features: Alley, Curbs, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Brick, Stucco
  • Structure Type: Multi Family
  • BusLineNearby: true
  • BusRouteNumber: D, 33, 24

Garage/Parking

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

Utilities

  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Security: Alarm System
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Electricity Available, Natural Gas Connected, Garbage, Water/Sewer
  • ApplianceHookups: Cooking-Gas,Dryer-Gas,Washer
  • WaterHeaterLocation: Laundry
  • WaterHeaterType: Tankless

Condo/Co-op/Association

  • Community Features: Cable TV, Elevator, Fire Sprinklers, Lobby Entrance
  • Park Manager Name: Tim Stratton
  • Park Manager Phone: 206-441-7900
  • Association Fee: 1178
  • Association Fee Frequency: Monthly
  • Phone: 509-750-7009
  • AssociationContactName: Chris Jacobson
  • 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, Garbage, Lawn Service, Water/Sewer

Schools

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

Lot Info

  • Parcel Number: 1532000010
  • Lot Size Acres: 0.1179
  • Lot Size Sq Ft: 5134
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: KCR
  • MLSSquareFootageSource: KCR

Green Features

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

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2019
  • Tax Annual Amount: 11383

Multi Family

  • UnitsInBuildingTotal: 8

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
6.29%

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: 1527261

Northwest Multiple Listing Service (NWMLS)

APN: 153200-0010