Listed by John L. Scott, Inc., Bought with Windermere Real Estate Midtown
$525,000
SOLD JUL 18, 2024

Canal Station 5440 Leary Ave NW Unit 523 Seattle, WA 98107

Ballard Neighborhood
1 Bed
1 Bath
673 Sq Ft
$412/mo HOA Fee

Recently Sold

$780 Per Sq Ft

12% Below List Price

42 Days on Market

Highlights

  • Fitness Center
  • City View
  • Contemporary Architecture
  • Adams Elementary School Rated A
  • Clubhouse
  • 2-minute walk to Bergen Place

About This Home

As of July 2024

Incredible investment opportunity for your new buyer. 1 bed/1 bath unit that comes with 6 parking spots as well as 3 storage units 2 of which are extra large, that can rented out or used by your buyer. The Primary Bedroom has a large Closet with custom built shelves & blackout blinds & all windows have remote controlled blinds. Newer carpet & tiled flooring. This 5th floor unit has a Private deck which overlooks courtyard w/ view. Booster installed for high-speed internet & cable. Unit offers full sized W/D. On site manager & concierge, owners lounge, hot tub, dog relief area, fitness center and sauna. Prime location in Ballard, short distance to restaurants and shops. Good access to bus lines. No sign on the building. Great walk score 98.

Last Agent to Sell the Property

Jim Dierst

John L. Scott, Inc. License #10568 Listed on: 05/29/2024

John L. Scott, Inc.

Co-Listed By

Mick Purdy

John L. Scott, Inc. License #110076

Last Buyer's Agent

Jason Smith

Windermere Real Estate Midtown License #97188

Windermere Real Estate Midtown

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2240514

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,535

Year Built

  • Built in 2007

HOA Fees

  • $412 Monthly HOA Fees

Parking

  • 6 Car Garage
  • Common or Shared Parking

Property Views

  • Territorial

Home Design

  • Contemporary Architecture
  • Flat Roof Shape
  • Brick Exterior Construction
  • Bitumen Roof

Interior Spaces

  • 673 Sq Ft Home
  • Electric Fireplace

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Accessible Elevator Installed
  • Accessible Full Bathroom
  • Accessible Bedroom
  • Accessible Kitchen
  • Central Living Area
  • Accessible Utilities
  • Accessible Entrance

Schools

  • Adams Elementary School
  • Whitman Mid Middle School
  • Ballard High School

Utilities

  • Baseboard Heating
  • Heating System Mounted To A Wall or Window
  • Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • West Facing Home
  • Property is near public transit

Listing and Financial Details

Community Details

Overview

  • Association fees include common area maintenance, concierge, earthquake insurance, garbage, lawn service, road maintenance, snow removal
  • 172 Units
  • Kappes Miller Association
  • Secondary HOA Phone (206) 223-0721
  • Canal Station Condos
  • Ballard Subdivision
  • Park Phone (206) 706-4503 | Manager Brian Houdyshell
  • 6-Story Property

Amenities

  • Game Room
  • Recreation Room
  • Lobby

Recreation

  • Community Spa

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,535

Year Built

Built in 2007

Lot Details

0

HOA Fees

$412 per month

Parking

6

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Accessibility Features: Accessible Bath, Accessible Bedroom, Accessible Central Living Area, Accessible Elevator Installed, Accessible Entrance, Accessible Kitchen, Accessible Utility
  • Year Built: 2007
  • Buyer Agency Compensation: 3
  • Inclusions: Dishwashers,Dryers,Refrigerators,StovesRanges,Washers,LeasedEquipment
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Contemporary
  • Building Name: Canal station condos
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 673
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 0
  • RemodeledUpdated: true
  • NWM_ExcludedItemsYN: false
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2240514?w=Consumer&agent=93499
  • Special Features: VirtualTour
  • Cumulative Days on Market: 412

Interior Features

  • Fireplaces: 1
  • Appliances: Dishwasher(s), Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Full Bathrooms: 1
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Electric
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Carpet
  • Interior Amenities: Ceramic Tile, Wall to Wall Carpet, Fireplace, Water Heater
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Stories: 6
  • Bathrooms: 1
  • BathsFullMain: 1
  • FireplacesMain: 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: 5
  • StorageNo: #1, #2, #18,
  • AppliancesIncluded: Dishwasher(s),Dryer(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • StorageLocation: Leval 1 and 2 on P-3
  • WindowCoverings: Electronic blinds stay
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 1

Exterior Features

  • Roof: Flat, Torch Down
  • View: City, Territorial
  • Lot Features: Corner Lot, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Direction Faces: West
  • Exterior Features: Brick, Cement/Concrete, See Remarks
  • Structure Type: Multi Family
  • BusLineNearby: true
  • ViewFrom: Rooftop Deck
  • BusRouteNumber: 40, 44, Rapid D

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 6
  • Garage Spaces: 6
  • Garage Yn: Yes
  • Parking Features: Common Garage
  • Total Parking Spaces: 6
  • ParkingSpaceNumbers: 65,44,207,233,248,168

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Wall Unit(s)
  • Heating Yn: Yes
  • WaterHeaterLocation: p 1
  • WaterHeaterType: central boilers

Condo/Co-op/Association

  • Community Features: Cable TV, Club House, Elevator, Exercise Room, Game/Rec Rm, High Speed Int Avail, Hot Tub, Lobby Entrance, Sauna
  • Park Manager Name: Brian Houdyshell
  • Park Manager Phone: 206-706-4503
  • Senior Community: No
  • Association Fee: 412
  • Association Fee Frequency: Monthly
  • Phone: 206-223-0721
  • Association: Yes
  • Pets Allowed: Cats OK, Dogs OK, See Remarks
  • AssociationContactName: Kappes Miller
  • CommonPropertyFeatures: Cable TV,Clubhouse,Elevator,Exercise Room,Game/Rec Rm,High Speed Int Avail,Hot Tub,Lobby Entrance,Sauna

Fee Information

  • Association Fee Includes: Common Area Maintenance, Concierge, Earthquake Insurance, Garbage, Lawn Service, Road Maintenance, Snow Removal
  • NWM_OtherDuesOrFeesYN: false

Schools

  • Junior High Dist: Seattle
  • High School: Ballard High
  • Middle Or Junior School: Whitman Mid

Lot Info

  • Parcel Number: 1327101310
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: KCR
  • MLSSquareFootageSource: KCR

Green Features

  • Power Production Type: Electric

Rental Info

  • RentalCap: No Rental Cap
  • ShortTermRentalYN: false

Tax Info

  • Year: 2023
  • Tax Annual Amount: 3535

Multi Family

  • Number Of Units In Community: 172
  • EnergySource: Electric
  • UnitsInBuildingTotal: 172

MLS Schools

  • Elementary School: Adams

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 27, 2025
Sold by
Lundgren Canal 523 Llc
Bought by
Lundgren Craig A
Current Estimated Value
$515,677

Purchase Details

Listed on
May 29, 2024
Closed on
Jul 17, 2024
Sold by
Webster Arlon M
Bought by
Lundgren Canal 523 Llc
Seller's Agent
Jim Dierst
John L. Scott, Inc.
Buyer's Agent
Jason Smith
Windermere Real Estate Midtown
List Price
$599,950
Sold Price
$525,000
Premium/Discount to List
-$74,950
-12.49%
Views
24

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.78%

Purchase Details

Closed on
Aug 10, 2009
Sold by
Mccrea Thomas G and Mccrea Linda N
Bought by
Webster Arlon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.3%

Purchase Details

Closed on
Aug 22, 2007
Sold by
Ballard Leary Lp
Bought by
Mccrea Thomas G and Mccrea Linda N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,000
Interest Rate
6.57%
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 None Listed On Document
Warranty Deed $525,000 None Listed On Document
Warranty Deed $260,000 Commonwealth L
Warranty Deed $297,400 Commonwealth L
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $160,000 No Value Available
Previous Owner $237,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2024 07/18/24 Sold $525,000 -4.5% $780 / Sq Ft
07/10/2024 07/10/24 Pending -- -- --
06/10/2024 06/10/24 Price Changed $549,950 -8.3% $817 / Sq Ft
05/29/2024 05/29/24 For Sale $599,950 -- $891 / 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 $4,186 $447,000 $84,200 $362,800
2023 $4,345 $472,000 $82,100 $389,900
2022 $3,764 $427,000 $80,100 $346,900
2021 $4,242 $419,000 $80,100 $338,900
2020 $4,276 $449,000 $80,100 $368,900
2018 $3,950 $480,000 $56,400 $423,600
2017 $3,162 $408,000 $47,200 $360,800
2016 $2,907 $337,000 $33,800 $303,200
2015 $2,441 $302,000 $30,800 $271,200
2014 -- $259,000 $28,700 $230,300
2013 -- $190,000 $28,700 $161,300
Source: Public Records

Agents Affiliated with this Home

  • Jim Dierst

    Seller's Agent in 2024

    Jim Dierst

    John L Scott

    (206) 650-7377

    1 in this area

    68 Total Sales

    Jim Dierst
    Section Image
  • Mick Purdy

    Seller Co-Listing Agent in 2024

    Mick Purdy

    John L Scott

    (206) 226-6425

    1 in this area

    45 Total Sales

    Mick Purdy
    Section Image
  • Jason Smith

    Buyer's Agent in 2024

    Jason Smith

    Windermere Corporate

    (206) 409-7394

    34 in this area

    55 Total Sales

    Jason Smith
    Section Image
See All Agents

About Canal Station

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2240514

Northwest Multiple Listing Service (NWMLS)

APN: 132710-1310

Washington King County Seattle 98107 Ballard

5440 Leary Ave NW Unit 523, Seattle, WA

This home is located at 5440 Leary Ave NW Unit 523, Seattle, WA 98107 and is currently priced at $525,000, approximately $780 per square foot. This property was built in 2007. 5440 Leary Ave NW Unit 523 is a home located in King County with nearby schools including Adams Elementary School, Whitman Middle School, and Ballard High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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