Listed by COMPASS, Bought with Redfin
NOT LISTED FOR SALE

525 16th Ave E Unit 202 Seattle, WA 98112

Capitol Hill Neighborhood

Estimated Value: $380,000 - $479,000

1 Bed
1 Bath
618 Sq Ft
$448/mo HOA Fee

Last Sold August 07, 2020

Last sale price $385,000 $623 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,999/month

2 Days on Market

Highlights

  • Property is near public transit
  • Territorial View
  • End Unit
  • Stevens Elementary School Rated A-
  • Wood Flooring
  • Walk-In Closet

About This Home

As of August 2020

Built in 1927, The Rowan is nestled among well-heeled neighbors in coveted North Capitol Hill. This lovely, SE corner home offers a beautiful, private tree-lined outlook & a spacious, yet efficient floor plan. Light, bright & freshly painted w/ original cabinetry, hardware, built-ins, coved ceilings & hardwoods. Quiet & serene, yet just a block from the bustle & amenities of 15th Ave’s micro-hood. In unit laundry + 2 storage units & mere blocks to CH light rail = your perfect pied-a-terre.

Last Agent to Sell the Property

Amie Stewart

COMPASS License #25542 Listed on: 07/07/2020

COMPASS

Co-Listed By

Kelley Meister

COMPASS License #25512

Last Buyer's Agent

Arthur Nevins

Redfin License #139195

Redfin

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1626312

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,665

Year Built

  • Built in 1927

Lot Details

  • End Unit

HOA Fees

  • $448 Monthly HOA Fees

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Bitumen Roof

Interior Spaces

  • 618 Sq Ft Home
  • 4-Story Property
  • Insulated Windows
  • Territorial Views

Kitchen

  • Electric Oven or Range
  • Microwave

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Electric Dryer
  • Washer

Location

  • Property is near public transit
  • Property is near a bus stop

Schools

  • Stevens Elementary School
  • Meany Mid Middle School
  • Garfield High School

Utilities

  • Radiator
  • Natural Gas Connected
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 7448900040

Community Details

Overview

  • Association fees include central hot water, common area maintenance, garbage, water/sewer
  • 14 Units
  • Rowan Condominium Condos
  • Capitol Hill Subdivision
  • Park Phone (206) 937-4856 | Manager David Levitsky

Amenities

  • Lobby

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,665

Year Built

Built in 1927

Lot Details

0

HOA Fees

$448 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 1927
  • Inclusions: Dryer,Microwave,RangeOven,Refrigerator,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Rowan Condominium
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 618
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 6
  • UnitFeatures: End Unit,Insulated Windows,Walk-in Closet
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Washer
  • Full Bathrooms: 1
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Entry Location: Main
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Radiator, Ceramic Tile, Hardwood, Cooking-Electric, Dryer-Electric, Washer, Water Heater
  • Main Level Bedrooms: 1
  • Stories: 4
  • Bathrooms: 1
  • 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: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • FloorNumberOfUnit: 2
  • StorageNo: 13
  • AppliancesIncluded: Dryer,Microwave,Range/Oven,Refrigerator,Washer
  • StorageLocation: Floor 2 + Basement

Exterior Features

  • Roof: Flat, Torch Down
  • View: Territorial
  • Lot Features: Curbs, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Brick
  • Structure Type: Multi Family
  • BusLineNearby: true
  • BusRouteNumber: Lt rail, 8, 10, 43

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Heating Yn: Yes
  • Utilities: Natural Gas Connected, Garbage, Water/Sewer
  • ApplianceHookups: Cooking-Electric,Dryer-Electric,Washer
  • WaterHeaterLocation: Basement
  • WaterHeaterType: Gas boiler

Condo/Co-op/Association

  • Community Features: Cable TV, Lobby Entrance, See Remarks
  • Park Manager Name: David Levitsky
  • Park Manager Phone: 206-937-4856
  • Association Fee: 448
  • Association Fee Frequency: Monthly
  • Common Interest: Condominium
  • CoOp: false
  • CommonPropertyFeatures: Cable TV,Lobby Entrance,See Remarks

Fee Information

  • Association Fee Includes: Central Hot Water, Common Area Maintenance, Garbage, Water/Sewer

Schools

  • Junior High Dist: Seattle
  • High School: Garfield High
  • Middle Or Junior School: Meany Mid

Lot Info

  • Parcel Number: 7448900040
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSSquareFootageSource: Realist

Green Features

  • Efficiency: Insulated Windows
  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2020
  • Tax Annual Amount: 3665

Multi Family

  • Number Of Units In Community: 14
  • UnitsInBuildingTotal: 14

MLS Schools

  • Elementary School: Stevens

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2020
Closed on
Aug 3, 2020
Sold by
Maestas Derrick
Bought by
Stenerson Keri Leinani
Seller's Agent
Amie Stewart
COMPASS
Buyer's Agent
Arthur Nevins
Redfin
List Price
$385,000
Sold Price
$385,000
Current Estimated Value
$425,332

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,332
Avg. Annual Appreciation
1.99%
Original Mortgage
$365,750
Outstanding Balance
$325,765
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$100,327

Purchase Details

Closed on
Apr 12, 2017
Sold by
Maestas Derrick and Maestas Mariaugh
Bought by
Maestas Derrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,185
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 14, 2007
Sold by
Rowan Development Inc
Bought by
Maestas Derrick and Maestas Mariaugh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,900
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
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
Stenerson Keri Leinani $385,000 Chicago Title
Maestas Derrick -- Title Source Inc
Maestas Derrick $304,900 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stenerson Keri Leinani $365,750
Previous Owner Maestas Derrick $312,185
Previous Owner Maestas Derrick $304,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2020 08/07/20 Sold $385,000 0.0% $623 / Sq Ft
07/09/2020 07/09/20 Pending -- -- --
07/07/2020 07/07/20 For Sale $385,000 -- $623 / 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 $3,553 $374,000 $165,600 $208,400
2023 $3,096 $401,000 $165,600 $235,400
2022 $3,370 $369,000 $124,200 $244,800
2021 $3,218 $371,000 $124,200 $246,800
2020 $3,665 $336,000 $147,500 $188,500
2018 $3,265 $380,000 $100,900 $279,100
2017 $2,692 $334,000 $100,900 $233,100
2016 $2,594 $284,000 $56,900 $227,100
2015 $2,329 $267,000 $56,900 $210,100
2014 -- $245,000 $56,900 $188,100
2013 -- $202,000 $56,900 $145,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1626312

Northwest Multiple Listing Service (NWMLS)

APN: 744890-0040