Listed by VerraTerra, Bought with Windermere Real Estate Co.
$540,000
SOLD JUL 2, 2018

530 W Olympic Place Unit 407 Seattle, WA 98119

West Queen Anne Neighborhood
2 Beds
1 Bath
780 Sq Ft
0.59 Acres

Recently Sold

$692 Per Sq Ft

9% Above List Price

5 Days on Market

Highlights

  • Views of a Sound
  • Wood Flooring
  • 3-minute walk to Kinnear Park
  • John Hay Elementary School Rated A

About This Home

As of June 2022

Welcome to Park Terrace in Queen Anne! Top floor, corner unit for sale! EXTENSIVE remodeling in 2016: updated electrical and plumbing, new kitchen and bath with new appliances, laundry now IN unit, induction cooktop, lighting, refinished hardwoods. Across from Kinnear Park. Panoramic views of Mt. Rainier, Puget Sound, Seattle Skyline from park and rooftop deck. Indoor parking garage with easy-access to elevator and 2-bike bike rack. Private lockable storage unit. No rental cap.

Last Agent to Sell the Property

James Hsu

VerraTerra License #1675 Listed on: 06/06/2018

Last Buyer's Agent

Ken & Marilyn Balter

Windermere Real Estate Co. License #73323

Windermere Real Estate Co.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1304394

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,986

Year Built

  • Built in 1949

Parking

  • Common or Shared Parking

Property Views

  • Views of a Sound
  • City
  • Limited

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 4-Story Property
  • Wood Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Listing and Financial Details

  • Assessor Parcel Number 6649450380

Community Details

Overview

  • 44 Units
  • Queen Anne Community

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,986

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 30 - Condo (1 Level)
  • Unit Floor Number: 4
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Hardwood
  • Remodeled: Y
  • Remodeled Updated: Y
  • Appliance Hookups: Cooking-Electric, Dryer-Electric, Washer
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 1.00
  • Total Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Master Bedroom: Main
  • Dining Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Storage: Parking stall
  • Estimated Sq Ft: 780
  • Window Coverings: solar blinds

Exterior Features

  • Exterior: Brick
  • Roof: Flat
  • View: City, Partial, Sound

Garage/Parking

  • Numberof Assigned Spaces: 1
  • Parking Type: Common Garage
  • Parking Space Number: 8

Utilities

  • Heating And Cooling: Radiant

Condo/Co-op/Association

  • Numberof Units in Building: 44
  • Numberof Units In Complex: 44
  • HOA Fees: 581
  • Community Name: Queen Anne
  • Project: Park Terrace
  • Cats And Dogs: No Restrictions
  • Manager Contact Information: Michelle Saulina (425) 452-7330
  • Association Contact: Michelle Saulina (425) 452-7330
  • Common Property Features: Elevator, Laundry Room, Lobby Entrance
  • Home Owner Dues Included: Central Hot Water, Earthquake Ins., Garbage, Water/Sewer, Common Area Maintenance, Lawn Service
  • Unit Features: End Unit, Top Floor

Schools

  • School District: SEA

Lot Info

  • Lot Details: Curbs, Paved Street, Sidewalk
  • Lot Sq Ft: 25726
  • Parcel Number: 6649450380

Tax Info

  • Tax Amount: 3396

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2022
Closed on
Jun 15, 2022
Sold by
Warren Ryan C and Warren Kelly C
Bought by
Mielnik Megan Lee
Seller's Agent
Devon Kruse
Windermere Real Estate Co.
Buyer's Agent
Nicole Bailey
COMPASS
List Price
$570,000
Sold Price
$575,000
Premium/Discount to List
$5,000
0.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.50%
Original Mortgage
$546,250
Outstanding Balance
$521,359
Interest Rate
5.3%
Mortgage Type
Balloon
Estimated Equity
$10,148

Purchase Details

Closed on
Dec 16, 2019
Sold by
Warren Ryan and Warren Kelly C
Bought by
Warren Ryan and Warren Kelly C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 6, 2018
Closed on
Jun 28, 2018
Sold by
Balasubramanian Sundar
Bought by
Warren Ryan
Seller's Agent
James Hsu
VerraTerra
Buyer's Agent
Ken & Marilyn Balter
Windermere Real Estate Co.
List Price
$494,000
Sold Price
$540,000
Premium/Discount to List
$46,000
9.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.22%
Original Mortgage
$486,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2016
Sold by
Ritnoppakun Thepparit S
Bought by
Balasubramanian Sundar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 13, 2009
Sold by
Ritnoppakun Somchai and Ritnoppakun Duangta
Bought by
Ritnoppakun Thepparit S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 20, 1997
Sold by
Muller Anne and Mcguire Anne
Bought by
Ritnoppakun Somchai and Ritnoppakun Duangta

Purchase Details

Closed on
Feb 1, 1983
Sold by
Beddall Glenda K
Bought by
Beddall Bradley E
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
Warranty Deed $575,000 Stewart Title
Interfamily Deed Transfer -- Ticor Title
Warranty Deed $540,000 Wfg National Title
Warranty Deed $330,000 Chicago Title
Warranty Deed $190,000 The Talon Grou
Warranty Deed $129,000 Chicago Title Insurance Co
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $546,250 Balloon
Previous Owner $462,000 New Conventional
Previous Owner $475,000 New Conventional
Previous Owner $486,000 New Conventional
Previous Owner $264,000 Adjustable Rate Mortgage/ARM
Previous Owner $0 Undefined Multiple Amounts
Previous Owner $142,500 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2025 07/30/25 For Sale $549,950 -4.4% $705 / Sq Ft
06/21/2022 06/21/22 Sold $575,000 +0.9% $737 / Sq Ft
06/02/2022 06/02/22 Pending -- -- --
06/02/2022 06/02/22 For Sale $570,000 +5.6% $731 / Sq Ft
07/02/2018 07/02/18 Sold $540,000 +9.3% $692 / Sq Ft
06/11/2018 06/11/18 Pending -- -- --
06/06/2018 06/06/18 For Sale $494,000 -- $633 / 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 $3,986 $425,000 $157,300 $267,700
2023 $3,626 $445,000 $157,300 $287,700
2022 $3,527 $438,000 $157,900 $280,100
2021 $3,880 $392,000 $157,900 $234,100
2020 $4,278 $410,000 $157,900 $252,100
2018 $3,396 $472,000 $146,500 $325,500
2017 $3,052 $350,000 $105,600 $244,400
2016 $2,994 $325,000 $85,200 $239,800
2015 $2,554 $311,000 $78,300 $232,700
2014 -- $271,000 $71,500 $199,500
2013 -- $237,000 $68,100 $168,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1304394

Northwest Multiple Listing Service (NWMLS)

APN: 664945-0380