NOT LISTED FOR SALE

505 W Olympic Place Unit B Seattle, WA 98119

Lower Queen Anne Neighborhood

Estimated Value: $1,124,000 - $1,673,000

2 Beds
1 Bath
2,060 Sq Ft
$687/Sq Ft Est. Value

Last Sold April 10, 2017

Last sale price $1,150,000 $558 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $8,861/month

5 Days on Market

Highlights

  • Views of a Sound
  • Craftsman Architecture
  • Wood Flooring
  • John Hay Elementary School Rated A
  • Deck
  • 1 Fireplace

About This Home

As of April 2017

Stunning City, Mountain & Sound views with coveted southern exposure! Amazing kitchen, complete with 4 piece Viking appliances & breakfast bar that opens to dining & living room with large deck and spectacular views. Fabulous master w/incredible views, walk-in closet, laundry room & soaking tub. 2nd master suite with huge private patio. Features include AC, double-wall construction, tandem garage, 2 decks & patio all in perfect condition. Less than ten min to Downtown Seattle & Gates Foundation.

Last Listed By

Sam Koswa

Queen Anne Real Estate License #23481 Listed on: 03/24/2017

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1094375

Northwest Multiple Listing Service (NWMLS)

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $11,214

Year Built

  • Built in 2007

Lot Details

  • Cul-De-Sac
  • Street terminates at a dead end
  • Property is Fully Fenced
  • Sprinkler System

Parking

  • Attached Garage

Property Views

  • Views of a Sound
  • City
  • Mountain

Home Design

  • Craftsman Architecture
  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 1 Bathroom
  • 1 Fireplace

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 3879901286

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$11,214

Year Built

Built in 2007

Lot Details

0

Listing Details

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

Interior Features

  • Features: 2nd Master Br, Bath Off Master, Dbl Pane/Storm Windw, Dining Room, High Tech Cabling, Security System, Skylights, 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: 2.00
  • Lower Level Bedroom: 1
  • Bathrooms: 2.25
  • Bathrooms Main: Lower
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Half Bathrooms: 1
  • Three Quarter Bathrooms Lower: 1
  • Master Bedroom: Lower
  • Fireplaces: 1
  • Dining Room: Upper
  • Living Room: Upper
  • Kitchen w/ Eating Area: Upper
  • Estimated Sq Ft: 2060
  • Square Footage Finished: 2060

Exterior Features

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

Garage/Parking

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

Utilities

  • Heating And Cooling: Central A/C, Radiant
  • Power Company: Seattle
  • Sewer: Sewer Connected
  • Sewer Company: Seattle
  • Water Company: Seattle
  • Water Heater: Garage-Gas
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 110
  • Community Name: Queen Anne
  • Community Features: Ccrs

Schools

  • Elementary School: Hay
  • Middle School: Mc Clure Mid
  • High School: Ballard High
  • School District: SEA

Lot Info

  • Lot Details: Cul-De-Sac, Curbs, Dead End Street, Paved Street, Sidewalk
  • Lot Sq Ft: 1203
  • Lot Topography Vegetation: Level
  • Parcel Number: 3879901286
  • Zoning Jurisdiction: City
  • Lot Topography: Level

Tax Info

  • Tax Amount: 10002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2017
Closed on
Apr 7, 2017
Sold by
Ferrell Linda N
Bought by
Hu & Yu Llc
Seller's Agent
Sam Koswa
Queen Anne Real Estate
Buyer's Agent
Derek DeWolf
Windermere RE/Capitol Hill,Inc
List Price
$1,150,000
Sold Price
$1,150,000
Total Days on Market
5
Current Estimated Value
$1,415,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$265,901
Avg. Annual Appreciation
1.45%

Purchase Details

Closed on
Aug 7, 2012
Sold by
Sacotte 5Th & Olympic Llc
Bought by
Ferrell Linda N

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
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 2011
Sold by
5Th & Olympic Llc
Bought by
Sacotte 5Th & Olympic Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,000
Interest Rate
4.83%
Mortgage Type
Balloon

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
Hu & Yu Llc $1,150,000 First American
Ferrell Linda N $765,000 First American
Sacotte 5Th & Olympic Llc -- The Talon Grou
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ferrell Linda N $414,000
Previous Owner Ferrell Linda N $417,000
Previous Owner Sacotte 5Th & Olympic Llc $374,000
Previous Owner Lopez Gerardo I $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2017 04/10/17 Sold $1,150,000 0.0% $558 / Sq Ft
03/30/2017 03/30/17 Pending -- -- --
03/24/2017 03/24/17 For Sale $1,150,000 -- $558 / 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 $11,214 $1,192,000 $648,000 $544,000
2023 $11,266 $1,217,000 $648,000 $569,000
2022 $11,250 $1,317,000 $686,000 $631,000
2021 $10,334 $1,249,000 $436,000 $813,000
2020 $11,423 $1,087,000 $401,000 $686,000
2018 $10,251 $1,320,000 $428,000 $892,000
2017 $10,002 $1,054,000 $370,000 $684,000
2016 $7,753 $1,065,000 $344,000 $721,000
2015 $6,425 $803,000 $388,000 $415,000
2014 -- $670,000 $311,000 $359,000
2013 -- $629,000 $294,000 $335,000
Source: Public Records

Agents Affiliated with this Home

  • Sam Koswa

    Seller's Agent in 2017

    Sam Koswa

    Queen Anne Real Estate

    (206) 972-4045

    7 in this area

    91 Total Sales

    Sam Koswa
    Section Image
  • Derek DeWolf

    Buyer's Agent in 2017

    Derek DeWolf

    Windermere Corporate

    (206) 771-2139

    5 in this area

    126 Total Sales

    Derek DeWolf
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1094375

Northwest Multiple Listing Service (NWMLS)

APN: 387990-1286

Washington King County Seattle 98119 Lower Queen Anne

505 W Olympic Place Unit B, Seattle, WA

Homes for Sale in Seattle, WA

This home is located at 505 W Olympic Place Unit B, Seattle, WA 98119 since 24 March 2017 and is currently estimated at $1,415,901, approximately $687 per square foot. This property was built in 2007. 505 W Olympic Place Unit B is a home located in King County with nearby schools including John Hay Elementary School, Mcclure Middle School, and Lincoln High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. ©2025 NWMLS.

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