NOT LISTED FOR SALE

507 W Olympic Place Unit C Seattle, WA 98119

Lower Queen Anne Neighborhood

Estimated Value: $1,579,000 - $1,759,000

3 Beds
3 Baths
2,672 Sq Ft
$621/Sq Ft Est. Value

Last Sold April 15, 2019

Last sale price $1,500,000 $561 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $10,376/month

17 Days on Market

Highlights

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

About This Home

As of April 2019

Luxury townhome built in true Traditional style. Wood flrs, custom millwork & wide staircases give the feel of a historical build w/an open floor plan that is warm & welcoming. Picture perfect views: City, Sound & Mt. Rainier to Alki. Full flr master w/soaking tub & fireplace. A lovely deck to entertain or peaceful moments gazing at sunsets. Daylight lower level has cozy & bright media/flex, 2 bds, full bth, outdoor patio & 2-car tandem gar. Mins dwntwn & the amazing amenities Queen Anne offers.

Last Listed By

Amie Stewart

COMPASS License #25542 Listed on: 02/25/2019

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1412249

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,062

Year Built

  • Built in 2007

Lot Details

  • Property is Fully Fenced

Parking

  • Attached Garage

Property Views

  • Views of a Sound
  • Bay
  • City
  • Mountain

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Cement Board or Planked

Interior Spaces

  • 2 Fireplaces
  • Finished Basement
  • Natural lighting in basement

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 3879901293

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,062

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 15 - Multi Level
  • Architecture: Traditional
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 2007
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Dbl Pane/Storm Windw, Fireplace In Mstr Br, 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: 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
  • Dining Room: Main
  • Family Room: Lower
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 2672
  • Square Footage Finished: 2672

Exterior Features

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

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 208
  • Community Name: Queen Anne
  • Project: 3006369
  • Community Features: CCRs

Schools

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

Lot Info

  • Lot Number: 13-15
  • Lot Details: Curbs, Paved Street, Sidewalk
  • Lot Sq Ft: 1939
  • Parcel Number: 3879901293

Tax Info

  • Tax Amount: 11283

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2019
Closed on
Apr 13, 2019
Sold by
Weyers Jill J
Bought by
Marija Ormrod Nicholas J and Marija Prokopijevic
Seller's Agent
Amie Stewart
COMPASS
Buyer's Agent
Sinclair Malcolm
COMPASS
List Price
$1,575,000
Sold Price
$1,500,000
Premium/Discount to List
-$75,000
-4.76%
Total Days on Market
17
Current Estimated Value
$1,659,135

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,135
Avg. Annual Appreciation
1.66%
Original Mortgage
$1,200,000
Outstanding Balance
$1,046,609
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$612,526

Purchase Details

Closed on
Jul 1, 2010
Sold by
5Th & Olympic Llc
Bought by
Weyers Jillj

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
4.71%
Mortgage Type
Purchase Money Mortgage

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
Marija Ormrod Nicholas J $1,500,000 Chicago Title
Weyers Jillj $931,000 The Talon Grou
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marija Ormrod Nicholas J $1,200,000
Previous Owner Weyers Jillj $700,000
Previous Owner 5Th & Olympic Llc $1,000,000
Previous Owner 5Th & Olympic Llc $4,050,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2019 04/15/19 Sold $1,500,000 -4.8% $561 / Sq Ft
03/14/2019 03/14/19 Pending -- -- --
02/25/2019 02/25/19 For Sale $1,575,000 -- $589 / 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 $13,062 $1,393,000 $740,000 $653,000
2023 $13,122 $1,422,000 $740,000 $682,000
2022 $12,397 $1,539,000 $784,000 $755,000
2021 $11,386 $1,379,000 $498,000 $881,000
2020 $12,586 $1,200,000 $458,000 $742,000
2018 $11,283 $1,456,000 $489,000 $967,000
2017 $11,010 $1,162,000 $423,000 $739,000
2016 $9,271 $1,174,000 $393,000 $781,000
2015 $7,659 $963,000 $388,000 $575,000
2014 -- $803,000 $311,000 $492,000
2013 -- $754,000 $294,000 $460,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1412249

Northwest Multiple Listing Service (NWMLS)

APN: 387990-1293