Listed by COMPASS, Bought with Katrina Eileen
$880,000
SOLD JAN 24, 2025

511 W Mercer Place Unit 101 Seattle, WA 98119

Lower Queen Anne Neighborhood
2 Beds
2 Baths
1,430 Sq Ft
$1,004/mo HOA Fee

Recently Sold

$615 Per Sq Ft

2% Below List Price

18 Days on Market

Highlights

  • Ocean View
  • Elevator
  • Balcony
  • John Hay Elementary School Rated A
  • Electric Vehicle Charging Station
  • Walk-In Closet

About This Home

As of January 2025

Perched in a prime Queen Anne location, this newly renovated 2-bedroom, 2-bath condo offers stunning ocean views and modern comforts. A versatile bonus room easily serves as a third bedroom, guest space, or office, adding to its appeal. Enjoy the convenience of two designated garage parking spots, EV charging, and multiple storage units. Situated in a peaceful setting with a well-managed HOA, this condo offers a low-maintenance lifestyle just moments from the charm and amenities of Queen Anne. Don’t miss this exceptional opportunity—schedule your tour today!

Last Agent to Sell the Property

Michael Wolf

COMPASS License #89404 Listed on: 12/05/2024

COMPASS

Last Buyer's Agent

Teri Devlin

Katrina Eileen License #130501

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2314768

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,039

Year Built

  • Built in 2003

Lot Details

  • West Facing Home
  • Sprinkler System

HOA Fees

  • $1,004 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Common or Shared Parking

Property Views

  • Ocean
  • Views of a Sound
  • Mountain

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 1,430 Sq Ft Home
  • 3-Story Property
  • Self Contained Fireplace Unit Or Insert
  • Gas Fireplace
  • Insulated Windows
  • French Doors
  • Alarm System

Kitchen

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

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Patio

Schools

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

Utilities

  • Ductless Heating Or Cooling System
  • Forced Air Heating System

Listing and Financial Details

Community Details

Overview

  • Association fees include earthquake insurance, garbage, sewer, water
  • 511 W Mercer Place Condos
  • Queen Anne Subdivision
  • Park Phone (206) 928-5570 | Manager Dean Straith
  • Electric Vehicle Charging Station

Pet Policy

  • Pets Allowed

Additional Features

  • Elevator
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,039

Year Built

Built in 2003

Lot Details

0

HOA Fees

$1,004 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 2003
  • Buyer Agency Compensation: 3
  • Inclusions: Dishwasher(s),Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: 511 W Mercer Place
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1430
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 0
  • RemodeledUpdated: true
  • UnitFeatures: Alarm System,Balcony/Deck/Patio,French Doors,Insulated Windows,Primary Bath,Sprinkler System,Walk-in Closet
  • DetachedDwellingSqFtFinished: 0
  • NWM_ExcludedItemsYN: false
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2314768?w=Consumer&agent=123200
  • Special Features: None
  • Cumulative Days on Market: 124

Interior Features

  • Appliances: Dishwasher(s), Dryer(s), Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: No
  • Interior Amenities: Balcony/Deck/Patio, Cooking-Gas
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Stories: 3
  • Bathrooms: 1.75
  • BathsFullMain: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • FloorNumberOfUnit: 1
  • AppliancesIncluded: Dishwasher(s),Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • StorageLocation: Garage
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 2

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Ocean, Sea, Sound
  • View: Yes
  • Waterfront: No
  • Direction Faces: West
  • Exterior Features: Brick
  • Structure Type: Multi Family
  • ViewFrom: Unit

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Common Garage
  • Total Parking Spaces: 2

Utilities

  • Security: AlarmSystem
  • Cooling: Ductless HP-Mini Split, Insert
  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes
  • ApplianceHookups: Cooking-Gas

Condo/Co-op/Association

  • Community Features: Electric Car Charging Station, Elevator, Fire Sprinklers
  • Park Manager Name: Dean Straith
  • Park Manager Phone: 206-928-5570
  • Senior Community: No
  • Association Fee: 1003.6
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes
  • CoOp: false
  • CommonPropertyFeatures: Electric Car Charging Station,Elevator,Fire Sprinklers

Fee Information

  • Association Fee Includes: Earthquake Insurance, Garbage, Sewer, Water

Schools

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

Lot Info

  • Parcel Number: 2569910010
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSSquareFootageSource: Realist

Green Features

  • Efficiency: Insulated Windows
  • Power Production Type: Electric

Rental Info

  • RentalCap: No Rental Cap
  • ShortTermRentalYN: true

Tax Info

  • Year: 2024
  • Tax Annual Amount: 7038.51

Multi Family

  • EnergySource: Electric
  • UnitsInBuildingTotal: 0

MLS Schools

  • Elementary School: John Hay Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2024
Closed on
Jan 23, 2025
Sold by
Gallegos Kimberly Estrada
Bought by
Mota Jose Javier Rodri
Seller's Agent
Michael Wolf
COMPASS
Buyer's Agent
Teri Devlin
Katrina Eileen
List Price
$899,000
Sold Price
$880,000
Premium/Discount to List
-$19,000
-2.11%
Total Days on Market
18
Views
32
Current Estimated Value
$879,079

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$921
Avg. Annual Appreciation
-0.28%
Original Mortgage
$704,000
Outstanding Balance
$702,748
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$176,331

Purchase Details

Listed on
Dec 5, 2024
Closed on
Jan 17, 2025
Sold by
Oconnor Caitlin and Hanks John
Bought by
Rodriguez Mota Jose
Seller's Agent
Michael Wolf
COMPASS
Buyer's Agent
Teri Devlin
Katrina Eileen
List Price
$899,000
Sold Price
$880,000
Premium/Discount to List
-$19,000
-2.11%
Views
32

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$704,000
Outstanding Balance
$702,748
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$176,331

Purchase Details

Listed on
Nov 10, 2017
Closed on
Jan 4, 2018
Sold by
Ritchie Stephanie B
Bought by
Hanks John and Connor Caitlin O
Seller's Agent
Joy Stewart
Windermere Bellevue Commons
Buyer's Agent
Jason Moon
Coldwell Banker Bain
List Price
$812,500
Sold Price
$775,000
Premium/Discount to List
-$37,500
-4.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.82%
Original Mortgage
$620,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 23, 2003
Sold by
New World Development Llc
Bought by
Ritchie Stephanie B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
5.54%
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
Quit Claim Deed $313 Chicago Title
Warranty Deed $880,000 Chicago Title
Warranty Deed $775,000 Cw Title
Warranty Deed $385,000 Pacific Nw Tit
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $704,000 New Conventional
Previous Owner $598,900 New Conventional
Previous Owner $620,000 New Conventional
Previous Owner $129,000 Credit Line Revolving
Previous Owner $328,000 New Conventional
Previous Owner $345,000 Unknown
Previous Owner $46,000 Credit Line Revolving
Previous Owner $308,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2025 01/24/25 Sold $880,000 -2.1% $615 / Sq Ft
12/23/2024 12/23/24 Pending -- -- --
12/05/2024 12/05/24 For Sale $899,000 +16.0% $629 / Sq Ft
01/12/2018 01/12/18 Sold $775,000 -3.1% $542 / Sq Ft
12/16/2017 12/16/17 Pending -- -- --
11/30/2017 11/30/17 Price Changed $799,500 -1.6% $559 / Sq Ft
11/10/2017 11/10/17 For Sale $812,500 -- $568 / 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 $7,018 $747,000 $307,800 $439,200
2023 $7,039 $762,000 $307,800 $454,200
2022 $6,633 $781,000 $275,400 $505,600
2021 $6,589 $737,000 $259,200 $477,800
2020 $7,033 $695,000 $259,200 $435,800
2018 $5,449 $752,000 $243,000 $509,000
2017 $5,007 $560,000 $194,400 $365,600
2016 $4,814 $532,000 $145,800 $386,200
2015 $4,813 $499,000 $93,900 $405,100
2014 -- $512,000 $93,900 $418,100
2013 -- $440,000 $90,700 $349,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2314768

Northwest Multiple Listing Service (NWMLS)

APN: 256991-0010