Listed by Care Realty, Bought with HomeSmart Real Estate Assoc
NOT LISTED FOR SALE

Estimated Value: $393,000 - $414,000

1 Bed
1 Bath
712 Sq Ft
$406/mo HOA Fee

Last Sold December 09, 2022

Last sale price $385,000 $541 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,856/month

84 Days on Market

Highlights

  • City View
  • Property is near public transit
  • End Unit
  • John Hay Elementary School Rated A
  • Engineered Wood Flooring
  • 3-minute walk to Ward Springs Park

About This Home

As of December 2022

Back on the market** Welcome home to this Towne Terrace condominium nestled in the popular Lower Queen Anne neighborhood. Stunning hardwood floors welcome you into the living room where daylight streams in through a wall of windows. Conveniently situated with proximity to Seattle Center, Amazon, South Lake Union, I-5, bus lines, and restaurants. Secure entry, one assigned parking space, in unit washer & dryer, elevator, oversized storage and generously sized rooms. Stay in and get cozy with the wood burning fireplace or step out onto your private deck and enjoy the picturesque city views.

Last Agent to Sell the Property

Nelson Abaga

Care Realty License #137428 Listed on: 08/17/2022

Co-Listed By

Emily Abaga

Care Realty License #21026911

Last Buyer's Agent

Lauren Lee

HomeSmart Real Estate Assoc License #20111031

HomeSmart Real Estate Assoc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1976721

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,220

Year Built

  • Built in 1981

Lot Details

  • 0.37

HOA Fees

  • $406 Monthly HOA Fees

Home Design

  • Bitumen Roof
  • Stucco

Interior Spaces

  • 712 Sq Ft Home
  • Wood Burning Fireplace
  • Blinds
  • City Views

Kitchen

  • Electric Oven or Range
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Engineered Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Electric Dryer
  • Washer

Parking

  • 1 Parking Space
  • Open Parking

Outdoor Features

  • Balcony
  • Patio

Location

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

Schools

  • Queen Anne Elementary School
  • Mc Clure Mid Middle School
  • Garfield High School

Utilities

  • Water Heater
  • Cable TV Available

Additional Features

  • Accessible Elevator Installed
  • End Unit

Listing and Financial Details

  • Assessor Parcel Number 8664800070

Community Details

Overview

  • Association fees include cable TV, common area maintenance, earthquake insurance, garbage, lawn service, sewer, water
  • Yates Wood & Macdonald Inc Association
  • Secondary HOA Phone (206) 268-3330
  • Towne Terrace Condominiums
  • Queen Anne Subdivision
  • 5-Story Property

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,220

Year Built

Built in 1981

Lot Details

0

HOA Fees

$406 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Accessibility Features: Accessible Elevator Installed
  • Year Built: 1981
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Microwave,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Towne Terrace Condominiums
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 712
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 2
  • RemodeledUpdated: true
  • UnitFeatures: Balcony/Deck/Patio,End Unit
  • Special Features: None
  • Cumulative Days on Market: 1,076

Interior Features

  • Fireplaces: 1
  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 1
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Engineered Hardwood
  • Interior Amenities: Ceramic Tile, Balcony/Deck/Patio, Cooking-Electric, Dryer-Electric, Washer, Water Heater
  • Main Level Bedrooms: 1
  • Stories: 5
  • 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: 3
  • StorageNo: 201
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Microwave,Refrigerator,Stove/Range,Washer
  • StorageLocation: First Floor
  • WindowCoverings: Blinds

Exterior Features

  • Roof: Torch Down
  • View: City
  • Lot Features: Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Stucco
  • Structure Type: Multi Family
  • BusLineNearby: true
  • ViewFrom: Unit
  • BusRouteNumber: 3, 4, and 5

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 1
  • Open Parking: Yes
  • Parking Features: Uncovered
  • Total Parking Spaces: 1
  • ParkingSpaceNumbers: 21

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Heating Yn: Yes
  • Utilities: Electricity Available, Cable Connected, Common Area Maintenance, Garbage
  • HeatingCoolingType: Radiant
  • ApplianceHookups: Cooking-Electric,Dryer-Electric,Washer
  • WaterHeaterLocation: Bathroom Closet
  • WaterHeaterType: 38 Gallon - Electric

Condo/Co-op/Association

  • Community Features: Elevator, Outside Entry
  • Senior Community: No
  • Association Fee: 406
  • Association Fee Frequency: Monthly
  • Phone: 206-268-3330
  • Association: Yes
  • Pets Allowed: Subj to Restrictions
  • AssociationContactName: Yates Wood & MacDonald Inc
  • CommonPropertyFeatures: Elevator,Outside Entry

Fee Information

  • Association Fee Includes: Cable TV, Common Area Maintenance, Earthquake Insurance, Garbage, Lawn Service, Sewer, Water

Schools

  • Junior High Dist: Seattle
  • High School: Garfield High
  • Middle Or Junior School: Mc Clure Mid

Lot Info

  • Parcel Number: 8664800070
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSSquareFootageSource: Realist

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2021
  • Tax Annual Amount: 4220

Multi Family

  • EnergySource: Electric
  • UnitsInBuildingTotal: 26

MLS Schools

  • Elementary School: Queen Anne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2022
Closed on
Dec 7, 2022
Sold by
Colleen Company
Bought by
Goldfarb David Harold and Goldfarb Elisha
Seller's Agent
Nelson Abaga
Care Realty
Buyer's Agent
Lauren Lee
HomeSmart Real Estate Assoc
List Price
$398,120
Sold Price
$385,000
Premium/Discount to List
-$13,120
-3.3%
Current Estimated Value
$401,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,500
Avg. Annual Appreciation
1.54%
Original Mortgage
$308,000
Interest Rate
6.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 13, 2015
Closed on
Aug 4, 2015
Sold by
Latham Jack L and Latham Anna B
Bought by
Colleen Company
Seller's Agent
Michael Ackerman
Ensemble
Buyer's Agent
Vance Hill
Realty One Group Orca
List Price
$289,000
Sold Price
$302,000
Premium/Discount to List
$13,000
4.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.36%
Original Mortgage
$85,000
Interest Rate
3.97%
Mortgage Type
Undefined Multiple Amounts

Purchase Details

Closed on
Apr 14, 2004
Sold by
Else John F and Roller Cathy M
Bought by
Latham Jack L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,450
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 26, 1997
Sold by
Hahn Kristi and Bly Kristi
Bought by
Else John F and Roller Cathy M

Purchase Details

Closed on
May 25, 1994
Sold by
Betts Daniel F and Floray Bette J
Bought by
Bly Kristi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,600
Interest Rate
7.25%
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
Goldfarb David Harold $385,000 First American Title
Colleen Company $302,000 Rainier Title
Latham Jack L $184,950 Lawyers Title
Else John F $103,500 --
Bly Kristi $84,900 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Goldfarb David Harold $300,000
Closed Goldfarb David Harold $308,000
Previous Owner Colleen Company $35,000
Previous Owner Colleen Company $85,000
Previous Owner Colleen Company $150,000
Previous Owner Latham Jack L $55,800
Previous Owner Latham Jack L $166,450
Previous Owner Bly Kristi $80,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2022 12/09/22 Sold $385,000 -3.3% $541 / Sq Ft
11/09/2022 11/09/22 Pending -- -- --
11/04/2022 11/04/22 For Sale $398,120 0.0% $559 / Sq Ft
10/22/2022 10/22/22 Pending -- -- --
10/12/2022 10/12/22 Price Changed $398,120 -11.2% $559 / Sq Ft
08/17/2022 08/17/22 For Sale $448,120 +48.4% $629 / Sq Ft
08/10/2015 08/10/15 Sold $302,000 +4.5% $424 / Sq Ft
07/20/2015 07/20/15 Pending -- -- --
07/13/2015 07/13/15 For Sale $289,000 -- $406 / 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 $3,347 $349,000 $125,000 $224,000
2023 $3,125 $390,000 $125,000 $265,000
2022 $3,267 $370,000 $125,500 $244,500
2021 $3,357 $357,000 $125,500 $231,500
2020 $3,636 $349,000 $125,500 $223,500
2018 $3,213 $418,000 $114,400 $303,600
2017 $2,539 $327,000 $82,400 $244,600
2016 $2,303 $266,000 $66,500 $199,500
2015 $2,127 $235,000 $61,100 $173,900
2014 -- $222,000 $55,800 $166,200
2013 -- $186,000 $53,200 $132,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1976721

Northwest Multiple Listing Service (NWMLS)

APN: 866480-0070