Listed by Lake & Company, Bought with John L. Scott, Inc
$565,000
SOLD NOV 6, 2024
2 Beds
2 Baths
1,237 Sq Ft
$340/mo HOA Fee

Recently Sold

$457 Per Sq Ft

2% Below List Price

Highlights

  • Unit is on the top floor
  • City View
  • Property is near public transit
  • John Hay Elementary School Rated A
  • Contemporary Architecture
  • 3-minute walk to Bhy Kracke Park

About This Home

As of November 2024

This spacious, 2-story Queen Anne condo with Space Needle & City Views will delight! Enjoy front-row seats of NYE fireworks from your living room and deck. Large kitchen with new appliances that opens to dining room. The living room features a wood-burning fireplace and boasts lots of natural light for cheerful living. Hardwood flooring throughout the main level + new paint and carpet make this home move-in ready for you! Upstairs find a spacious primary suite with city and Space Needle views + custom closets and en suite bath. 2nd bedroom and full bath- perfect for office or guests. Full-size washer and dryer and reserved off-street parking spot. Located just minutes from South Lake Union, Seattle Center, shopping, & restaurants.

Last Agent to Sell the Property

Tara Townsend

Lake & Company License #95161 Listed on: 08/07/2024

Lake & Company

Last Buyer's Agent

Terry Vo

John L. Scott, Inc License #30571

John L. Scott, Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2271222

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,422

Year Built

  • Built in 1979

HOA Fees

  • $340 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,237 Sq Ft Home
  • Wood Burning Fireplace
  • Insulated Windows
  • Softwood Flooring
  • City Views

Kitchen

  • Electric Oven or Range
  • Stove
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Electric Dryer
  • Washer

Parking

  • 1 Parking Space
  • Open Parking

Outdoor Features

  • Balcony
  • Patio

Location

  • Unit is on the top floor
  • Property is near public transit
  • Property is near a bus stop

Utilities

  • Baseboard Heating

Listing and Financial Details

Community Details

Overview

  • Association fees include common area maintenance, garbage, sewer, water
  • 6 Units
  • Blaire Berka Association
  • 555 Prospect Condos
  • Queen Anne Subdivision
  • 5-Story Property

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,422

Year Built

Built in 1979

Lot Details

0

HOA Fees

$340 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 31 - Condo (2 Levels)
  • Year Built: 1979
  • Buyer Agency Compensation: 3
  • Inclusions: Dishwasher(s),Dryer(s),Garbage Disposal,Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Contemporary
  • Building Name: 555 Prospect
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 1237
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 1
  • RemodeledUpdated: true
  • UnitFeatures: Balcony/Deck/Patio,Insulated Windows,Top Floor,Walk-in Closet
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2271222?w=Consumer&agent=66970
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher(s), Dryer(s), Disposal, Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Full Bathrooms: 2
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: No
  • Flooring: Softwood
  • Interior Amenities: Balcony/Deck/Patio, Cooking-Electric, Dryer-Electric, Fir/Softwood, Washer
  • Stories: 5
  • Bathrooms: 2
  • BathsFullMain: 0
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 2
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 2
  • FloorNumberOfUnit: 3
  • AppliancesIncluded: Dishwasher(s),Dryer(s),Garbage Disposal,Refrigerator(s),Stove(s)/Range(s),Washer(s)

Exterior Features

  • Roof: Composition
  • View: City
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Structure Type: Multi Family
  • BusLineNearby: true
  • ViewFrom: Unit

Garage/Parking

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

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • ApplianceHookups: Cooking-Electric,Dryer-Electric,Washer

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 340
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Cats OK, Dogs OK
  • AssociationContactName: Blaire Berka
  • CoOp: false

Fee Information

  • Association Fee Includes: Common Area Maintenance, Garbage, Sewer, Water
  • NWM_OtherDuesOrFeesYN: false

Schools

  • Junior High Dist: Seattle
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 2570150050
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSSquareFootageSource: Realist - Buyer to verify

Green Features

  • Efficiency: Insulated Windows
  • Power Production Type: Electric

Tax Info

  • Year: 2024
  • Tax Annual Amount: 5422

Multi Family

  • Number Of Units In Community: 6
  • EnergySource: Electric
  • UnitsInBuildingTotal: 6

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2016
Closed on
Oct 17, 2016
Sold by
Vo Thuy T and Vegas Patrick
Bought by
Li Ying and Xu Ning
Seller's Agent
Bill Bui
Berkshire Hathaway HS NW
Buyer's Agent
Sherrie Chen
AgencyOne
List Price
$525,000
Sold Price
$500,000
Premium/Discount to List
-$25,000
-4.76%
Current Estimated Value
$599,214

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,214
Avg. Annual Appreciation
2.12%
Original Mortgage
$400,000
Outstanding Balance
$324,921
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$277,943

Purchase Details

Closed on
Jul 29, 2008
Sold by
Lindeman Properties Llc
Bought by
Vo Thuy and Vegas Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
6.41%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 20, 2003
Sold by
Ron Danz Residential Llc
Bought by
Lindeman Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 22, 2000
Sold by
Danz Ronald G and Danz Marjorie
Bought by
Ron Danz Residential Llc
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $500,000 First American
Warranty Deed $375,000 Fidelity National Title
Warranty Deed $625,000 Chicago Title
Quit Claim Deed -- Evergreen Title Company Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $400,000 Adjustable Rate Mortgage/ARM
Previous Owner $320,033 New Conventional
Previous Owner $337,500 Purchase Money Mortgage
Previous Owner $450,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2024 11/06/24 Sold $565,000 -1.7% $457 / Sq Ft
09/26/2024 09/26/24 Pending -- -- --
08/07/2024 08/07/24 For Sale $575,000 +15.0% $465 / Sq Ft
10/18/2016 10/18/16 Sold $500,000 -4.8% $404 / Sq Ft
09/05/2016 09/05/16 Pending -- -- --
08/05/2016 08/05/16 For Sale $525,000 0.0% $424 / Sq Ft
07/30/2016 07/30/16 Pending -- -- --
07/19/2016 07/19/16 For Sale $525,000 -- $424 / 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 $5,270 $552,000 $241,000 $311,000
2023 $5,422 $579,000 $241,000 $338,000
2022 $5,352 $614,000 $242,000 $372,000
2021 $5,244 $588,000 $242,000 $346,000
2020 $5,734 $547,000 $242,000 $305,000
2018 $4,749 $626,000 $220,500 $405,500
2017 $3,912 $484,000 $158,900 $325,100
2016 $3,754 $411,000 $128,100 $282,900
2015 $4,231 $385,000 $117,900 $267,100
2014 -- $446,000 $107,600 $338,400
2013 -- $349,000 $102,500 $246,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2271222

Northwest Multiple Listing Service (NWMLS)

APN: 257015-0050