$507,500
SOLD DEC 21, 2018

545 S Sullivan St Unit B Seattle, WA 98108

South Park Neighborhood
2 Beds
1 Bath
1,240 Sq Ft
1,307 Sq Ft Lot

Recently Sold

$409 Per Sq Ft

1% Below List Price

40 Days on Market

Highlights

  • Bamboo Flooring
  • Patio
  • Property is Fully Fenced
  • Modern Architecture
  • High Speed Internet
  • 1-minute walk to Cesar Chavez Park

About This Home

As of December 2018

Move-in ready modern–industrial townhome in South Park! Why South Park? Price, Value, Close proximity to the Downtown, Boeing Field and employment opportunities in all directions area. This South Park is in the process of rebuilding and renovating. There are two completed townhouse projects and three under construction on this block! Check the local restaurants and bars. Jump in and be part of it.

Last Agent to Sell the Property

Steve Merwick

Western Real Estate License #12668 Listed on: 10/12/2018

Last Buyer's Agent

Tom Hobbs

eXp Realty License #115854

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1374646

Northwest Multiple Listing Service (NWMLS)

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,403

Year Built

  • Built in 2009

Lot Details

  • Street terminates at a dead end
  • Property is Fully Fenced

Parking

  • Off-Street Parking

Home Design

  • Modern Architecture
  • Flat Roof Shape
  • Slab Foundation
  • Poured Concrete
  • Wood Siding
  • Cement Board or Planked

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Bamboo
  • Concrete

Laundry

  • Dryer
  • Washer

Utilities

  • High Speed Internet
  • Cable TV Available

Additional Features

  • 1 Bathroom
  • Patio

Community Details

  • South Park Community

Listing and Financial Details

  • Assessor Parcel Number 7883600689

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,403

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 32 - Townhouse
  • Architecture: Modern
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 2009
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Features: Bath Off Master, Dbl Pane/Storm Windw, High Tech Cabling, Loft, Security System, Vaulted Ceilings, Walk-In Closet
  • Floor Covering: Bamboo/Cork, Concrete
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Approved Number of Bedrooms: 2
  • Bedrooms: 2.00
  • Bathrooms: 2.25
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Den or Office: Upper
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 1240
  • Square Footage Finished: 1240

Exterior Features

  • Exterior: Cement Planked, Wood
  • Foundation: Poured Concrete, Slab
  • Roof: Flat

Garage/Parking

  • Parking Type: Off Street

Utilities

  • Heating And Cooling: Radiant, Tankless Water Heater
  • Power Company: Seattle City Light
  • Septic Approved for Number of Bedrooms: 2
  • Sewer: Sewer Connected
  • Sewer Company: City of Seattle
  • Water Company: City of Seattle
  • Water Heater: Main Floor-Tankless
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: South Park
  • Project: 3007781

Schools

  • Elementary School: Concord
  • Middle School: Denny Mid
  • High School: Sealth High
  • School District: SEA

Lot Info

  • Lot Number: 5
  • Lot Details: Alley, Curbs, Dead End Street, Paved Street, Sidewalk
  • Lot Sq Ft: 1325
  • Lot Topography Vegetation: Level
  • Parcel Number: 7883600689
  • Lot Topography: Level

Tax Info

  • Tax Amount: 3576

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2018
Closed on
Dec 17, 2018
Sold by
Rehm Nicole and Allen Becky
Bought by
Macias Richard M and Macias Semira H
Seller's Agent
Steve Merwick
Western Real Estate
Buyer's Agent
Tom Hobbs
eXp Realty
List Price
$515,000
Sold Price
$507,500
Premium/Discount to List
-$7,500
-1.46%
Current Estimated Value
$562,942

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,442
Avg. Annual Appreciation
1.59%
Original Mortgage
$335,000
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 18, 2016
Closed on
Jun 23, 2016
Sold by
Brown Jeffrey Neill and Brown Becky Allen
Bought by
Brown Becky Allen
Seller's Agent
Ashley Dolan
Berkshire Hathaway HS NW
Buyer's Agent
Missy Boone
Lake & Company
List Price
$370,000
Sold Price
$404,000
Premium/Discount to List
$34,000
9.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.63%
Original Mortgage
$291,000
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 18, 2016
Closed on
Jun 9, 2016
Sold by
National Equity Inc
Bought by
Rehm Nicole and Brown Becky A
Seller's Agent
Ashley Dolan
Berkshire Hathaway HS NW
Buyer's Agent
Missy Boone
Lake & Company
List Price
$370,000
Sold Price
$404,000
Premium/Discount to List
$34,000
9.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$291,000
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 24, 2015
Closed on
May 19, 2015
Sold by
Lane Emile
Bought by
Mcginnis Ryan C
Seller's Agent
Jason Roach
Pointe3 Real Estate
Buyer's Agent
Patrik Warneke
KW Greater Seattle
List Price
$284,900
Sold Price
$305,950
Premium/Discount to List
$21,050
7.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.75%
Original Mortgage
$275,355
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 19, 2012
Closed on
Nov 30, 2012
Sold by
Upwin Property Management Llc
Bought by
Lane Emile
Seller's Agent
Jacob Menashe
Berkshire Hathaway HS NW
Buyer's Agent
Jason Roach
Pointe3 Real Estate
List Price
$226,900
Sold Price
$226,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.86%
Original Mortgage
$181,520
Interest Rate
3.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 2012
Sold by
Vuong Quang and Huynh Ha Tu
Bought by
Upwin Property Management Llc

Purchase Details

Closed on
Sep 22, 2011
Sold by
Federal Deposit Insurance Corporation
Bought by
Vuong Quang and Huynh Ha Tu

Purchase Details

Closed on
May 9, 2011
Sold by
Lead Construction Llc
Bought by
Federal Deposit Insurance Corporation and City Bank
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 $507,500 First American Title
Interfamily Deed Transfer -- Stewart Title
Special Warranty Deed $404,000 Stewart Title
Warranty Deed $404,000 Stewart Title
Warranty Deed $305,950 Wfg National
Warranty Deed $226,900 First American
Quit Claim Deed -- None Available
Special Warranty Deed $555,000 First American
Trustee Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $333,900 New Conventional
Closed $335,000 New Conventional
Previous Owner $291,000 New Conventional
Previous Owner $275,355 New Conventional
Previous Owner $181,520 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2018 12/21/18 Sold $507,500 -1.5% $409 / Sq Ft
11/21/2018 11/21/18 Pending -- -- --
10/12/2018 10/12/18 For Sale $515,000 +27.5% $415 / Sq Ft
06/27/2016 06/27/16 Sold $404,000 +9.2% $326 / Sq Ft
05/26/2016 05/26/16 Pending -- -- --
05/18/2016 05/18/16 For Sale $370,000 +20.9% $298 / Sq Ft
05/22/2015 05/22/15 Sold $305,950 +7.4% $231 / Sq Ft
04/28/2015 04/28/15 Pending -- -- --
04/24/2015 04/24/15 For Sale $284,900 +25.6% $215 / Sq Ft
11/30/2012 11/30/12 Sold $226,900 0.0% $171 / Sq Ft
10/16/2012 10/16/12 Pending -- -- --
09/19/2012 09/19/12 For Sale $226,900 -- $171 / 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 $5,403 $560,000 $245,000 $315,000
2023 $4,603 $512,000 $217,000 $295,000
2022 $4,513 $538,000 $198,000 $340,000
2021 $4,291 $486,000 $105,000 $381,000
2020 $4,141 $438,000 $93,000 $345,000
2018 $3,576 $437,000 $95,000 $342,000
2017 $3,066 $356,000 $80,000 $276,000
2016 $2,868 $315,000 $75,000 $240,000
2015 $2,614 $288,000 $74,000 $214,000
2014 -- $259,000 $67,000 $192,000
2013 -- $206,000 $67,000 $139,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1374646

Northwest Multiple Listing Service (NWMLS)

APN: 788360-0689