NOT LISTED FOR SALE

Estimated Value: $1,133,000 - $1,222,680

2 Beds
2 Baths
1,495 Sq Ft
610 Sq Ft Lot

Last Sold October 10, 2016

Last sale price $775,000 $518 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $7,266/month

Highlights

  • Views of a Sound
  • Wood Flooring
  • 3-minute walk to Rust Park
  • Contemporary Architecture
  • Corner Lot

About This Home

As of October 2016

Near Pt. Defiance Pk & perched above Ruston Way's incredible renovation, The Commencement offers sweeping views in a quality bldg. This is one of 2 unique units at The Commencement with incredible, spacious decking with knock-out views of the Sound, the Cascades and a drop dead view of Mt. Rainier. There are 2 bedrooms, 1 with French doors, a galley kitchen, good sized laundry room and a living room open to all that decking(See main photo). Top floor and privacy plus. Sales office open noon-5.

Last Listed By

JoAnn Jett

Windermere Chambers Bay Listed on: 08/17/2016

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1016637

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,653

Year Built

  • Built in 2009

Lot Details

  • 610

Parking

  • Common or Shared Parking

Property Views

  • Views of a Sound
  • Bay
  • Mountain

Home Design

  • Contemporary Architecture
  • Flat Roof Shape
  • Cement Board or Planked

Interior Spaces

  • Blinds

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Listing and Financial Details

  • Assessor Parcel Number 9009310621

Community Details

Overview

  • 62 Units
  • Ruston Community
  • 6-Story Property

Pet Policy

  • Pets allowed on a case-by-case basis
  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,653

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 30 - Condo (1 Level)
  • Architecture: Contemporary
  • Unit Floor Number: 6
  • Year Built: 2009
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Ceramic Tile, Hardwood, Wall To Wall Carpet
  • Appliance Hookups: Cooking-Electric, Cooking-Gas, Dryer-Electric, Ice Maker, Washer
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 1.50
  • Total Full Bathrooms: 1
  • Total Half Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Main
  • Dining Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Storage: Garage
  • Storage Number: 68
  • Estimated Sq Ft: 1495
  • Window Coverings: Blinds

Exterior Features

  • Exterior: Cement Planked
  • Roof: Flat
  • View: Bay, Mountain, Sound

Garage/Parking

  • Numberof Assigned Spaces: 2
  • Parking Type: Common Garage
  • Parking Space Number: 69 & 82

Utilities

  • Heating And Cooling: Forced Air
  • Water Heater: Laundry-Gas

Condo/Co-op/Association

  • Numberof Units in Building: 62
  • HOA Fees: 443
  • Community Name: Ruston
  • Project: The Commencement
  • Cats And Dogs: Subj To Restrictions
  • Manager Contact Information: Suhrco (425) 455-0900
  • Common Property Features: Elevator, Exercise Room, Fire Sprinklers, Game/Rec Rm, High Speed Int Avail, Security Gate
  • Home Owner Dues Included: Central Hot Water, Garbage, Water/Sewer, Road Maintenance, Common Area Maintenance, Lawn Service
  • Unit Features: Balcony/Deck/Patio, End Unit, French Doors, Master Bath, Top Floor

Schools

  • Elementary School: Point Defiance
  • Middle School: Truman
  • High School: Wilson
  • School District: TAC

Lot Info

  • Lot Details: Corner Lot, Curbs, Paved Street, Sidewalk
  • Parcel Number: 9009310621

Tax Info

  • Tax Amount: 7190

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2016
Closed on
Oct 6, 2016
Sold by
Commencement Uniontown Llc
Bought by
Faubion Steven B and Faubion Peggy
Seller's Agent
JoAnn Jett
Windermere Chambers Bay
Buyer's Agent
Ben Faubion
Steven Benjamin Properties LLC
List Price
$775,000
Sold Price
$775,000
Total Days on Market
0
Current Estimated Value
$1,159,963

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$384,963
Avg. Annual Appreciation
5.04%
Original Mortgage
$542,500
Outstanding Balance
$440,316
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$740,577

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
Faubion Steven B $774,719 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Faubion Steven B $542,500
Previous Owner Commencement Uniontown Llc $6,328,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2016 10/10/16 Sold $775,000 0.0% $518 / Sq Ft
08/18/2016 08/18/16 Pending -- -- --
08/17/2016 08/17/16 For Sale $775,000 -- $518 / 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 $9,653 $1,083,200 $83,700 $999,500
2023 $9,653 $1,031,600 $83,700 $947,900
2022 $8,901 $1,031,600 $83,700 $947,900
2021 $9,751 $897,000 $69,700 $827,300
2019 $9,733 $1,005,700 $44,300 $961,400
2018 $10,546 $939,900 $36,900 $903,000
2017 $8,926 $817,300 $71,600 $745,700
2016 $7,191 $486,500 $71,600 $414,900
2014 -- $486,500 $71,600 $414,900
Source: Public Records

Agents Affiliated with this Home

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