NOT LISTED FOR SALE

505 W Olympic Place Unit C Seattle, WA 98119

Lower Queen Anne Neighborhood

Estimated Value: $1,650,000 - $1,784,000

3 Beds
3 Baths
2,660 Sq Ft
$638/Sq Ft Est. Value

Last Sold March 31, 2015

Last sale price $1,230,000 $462 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $10,034/month

6 Days on Market

Highlights

  • Views of a Sound
  • Deck
  • 2 Fireplaces
  • John Hay Elementary School Rated A
  • Wood Flooring
  • Corner Lot

About This Home

As of March 2015

Breathtaking views of the Puget Sound, Mount Rainier and downtown from this absolutely stunning home. 3 bed, 2.5 bath, 2 car garage, central AC, family, living & dining rooms are just a few highlights of this perfect condition home. Almost 700 sq/ft master bedroom with a very large view deck. Gourmet kitchen with Viking appliances throughout. Very rare and spacious private backyard. Double-wall construction, impossible to find. Less than 10 min. to Lake Union & downtown Seattle. Must see!

Last Agent to Sell the Property

Sam Koswa

Queen Anne Real Estate License #23481 Listed on: 02/20/2015

Last Buyer's Agent

Sam Koswa

Queen Anne Real Estate License #23481 Listed on: 02/20/2015

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM744297

Northwest Multiple Listing Service (NWMLS)

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $12,906

Year Built

  • Built in 2007

Lot Details

  • Street terminates at a dead end
  • Property is Fully Fenced
  • Sloped Lot

Parking

  • Attached Garage

Property Views

  • Views of a Sound
  • Bay
  • City
  • Mountain
  • Territorial

Home Design

  • Poured Concrete
  • Bitumen Roof
  • Cement Board or Planked

Interior Spaces

  • 2 Fireplaces
  • Finished Basement
  • Natural lighting in basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

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

Listing and Financial Details

  • Assessor Parcel Number 3879901285

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$12,906

Year Built

Built in 2007

Lot Details

0

Listing Details

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

Interior Features

  • Features: Bath Off Master, Dbl Pane/Storm Windw, Dining Room, Fireplace In Mstr Br, High Tech Cabling, Security System, Skylights, Walk-In Closet
  • Floor Covering: Ceramic Tile, Hardwood, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 3.00
  • Lower Level Bedroom: 2
  • Bathrooms: 2.50
  • Total Full Bathrooms: 2
  • Total Half Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 2
  • Fireplaces Main: 1
  • Basement: Daylight, Fully Finished
  • Den or Office: Main
  • Dining Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 2660

Exterior Features

  • Construction Methods: Double Wall
  • Exterior: Cement Planked
  • Foundation: Poured Concrete
  • Roof: Torch Down
  • View: Bay, City, Mountain, Sound, Territorial

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 Source: Public

Condo/Co-op/Association

  • HOA Fees: 75
  • Community Name: Queen Anne

Schools

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

Lot Info

  • Lot Details: Corner Lot, Curbs, Dead End Street, Paved Street, Sidewalk
  • Lot Sq Ft: 1967
  • Lot Topography Vegetation: Partial Slope
  • Parcel Number: 3879901285
  • Lot Topography: Partial Slope

Tax Info

  • Tax Amount: 7603

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2015
Closed on
Mar 26, 2015
Sold by
Ripley Robert G and Kadel Nancy J
Bought by
Aubrey Colleen and Miller Kevin
Seller's Agent
Sam Koswa
Queen Anne Real Estate
Buyer's Agent
Sam Koswa
Queen Anne Real Estate
List Price
$1,250,000
Sold Price
$1,230,000
Premium/Discount to List
-$20,000
-1.6%
Current Estimated Value
$1,696,272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$466,272
Avg. Annual Appreciation
3.20%
Original Mortgage
$930,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 8, 2011
Sold by
5Th & Olympic Llc
Bought by
Ripley Robert G and Kadel Nancy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$565,000
Interest Rate
4.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 2007
Sold by
5Th & Olympic Llc
Bought by
Lopez Gerardo I and Lopez Elaine

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
6.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 2003
Sold by
Kalma Steven J
Bought by
5Th & Olympic Llc

Purchase Details

Closed on
Dec 28, 1994
Sold by
Baldwin Keith R and Weaver Clara L
Bought by
Kalma Steven J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,000
Interest Rate
9.2%
Mortgage Type
Seller Take Back
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
Aubrey Colleen $1,230,000 First American
Ripley Robert G $905,000 The Talon Group
Lopez Gerardo I $1,195,000 The Talon Grou
5Th & Olympic Llc $1,800,000 Chicago Title
Kalma Steven J $675,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aubrey Colleen $845,485
Closed Aubrey Colleen $921,000
Closed Aubrey Colleen $930,000
Previous Owner Riple Robert G $175,000
Previous Owner Ripley Robert G $506,000
Previous Owner Ripley Robert G $565,000
Previous Owner 5Th & Olympic Llc $1,000,000
Previous Owner 5Th & Olympic Llc $4,050,000
Previous Owner Lopez Gerardo I $417,000
Previous Owner 5Th & Olympic Llc $8,925,000
Previous Owner Kalma Steven J $313,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2015 03/31/15 Sold $1,230,000 -1.6% $462 / Sq Ft
02/27/2015 02/27/15 Pending -- -- --
02/20/2015 02/20/15 For Sale $1,250,000 -- $470 / 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 $12,906 $1,376,000 $648,000 $728,000
2023 $12,959 $1,404,000 $648,000 $756,000
2022 $12,168 $1,520,000 $686,000 $834,000
2021 $11,172 $1,353,000 $436,000 $917,000
2020 $12,356 $1,177,000 $401,000 $776,000
2018 $11,083 $1,429,000 $428,000 $1,001,000
2017 $10,816 $1,141,000 $370,000 $771,000
2016 $9,195 $1,153,000 $344,000 $809,000
2015 $7,603 $955,000 $388,000 $567,000
2014 -- $797,000 $311,000 $486,000
2013 -- $748,000 $294,000 $454,000
Source: Public Records

Agents Affiliated with this Home

  • Sam Koswa

    Seller's Agent in 2015

    Sam Koswa

    Queen Anne Real Estate

    (206) 972-4045

    6 in this area

    85 Total Sales

    Sam Koswa
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM744297

Northwest Multiple Listing Service (NWMLS)

APN: 387990-1285

Washington King County Seattle 98119 Lower Queen Anne

505 W Olympic Place Unit C, Seattle, WA

This home is located at 505 W Olympic Place Unit C, Seattle, WA 98119 since 20 February 2015 and is currently estimated at $1,696,272, approximately $637 per square foot. This property was built in 2007. 505 W Olympic Place Unit C 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) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. 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. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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