NOT LISTED FOR SALE

5611 University Way NE Unit 200B Seattle, WA 98105

University District Neighborhood

Estimated Value: $599,000 - $750,000

2 Beds
2 Baths
1,005 Sq Ft
$657/Sq Ft Est. Value

About This Home

$3,299. All utilities included - high speed internet (fiber), water, sewage, garbage, electricity, heating. New carpet installed in bedroom and den. Parking included.

Amazing location! This unique, quiet, modern, loft-style, 12-unit condo building is located on the border of the University District and Ravenna. Commute by a 10-15 walk to the Link light rail (Ravenna and the U District stations). Walking distance to University of Washington (or catch the bus a 1/2 block away for a 3 minute bus ride to campus/ express bus downtown). At street-level, the building is also home to Herkimer Coffee and Lady Neptune, a modern hair salon. Walking distance to Greenlake. Half a block from entering the beautiful trails of Ravenna Park. Walking distance to several markets and Whole Foods, along with plenty of restaurants.

2nd floor condo with elevator access. Large open floor plan in living/dining room/kitchen. 1 office/guest room, and 1 master bedroom with a large closet, glass doors to a spacious, private, outdoor deck with plenty of room for outdoor dining or lounge set up. 1.5 bath (double sinks in full bath) Laundry machine & dryer in unit. Secure storage and 1 parking spot included.
Pets OK with $50/mo pet fee and $300 pet deposit.
$40 application fee. 12 month lease minimum.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2012
Sold by
Rieber Greta H
Bought by
Austin Ryan R
Current Estimated Value
$660,125

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,150
Outstanding Balance
$165,895
Interest Rate
3.85%
Estimated Equity
$482,056

Purchase Details

Closed on
Mar 6, 2008
Sold by
Urban Rowhouse Llc
Bought by
Rieber Greta H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Interest Rate
5.87%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Austin Ryan R $299,000 First American
Rieber Greta H $465,000 Ticor National
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Austin Ryan R $239,150
Previous Owner Rieber Greta H $372,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2024 12/13/24 Off Market $3,199 -- --
12/05/2024 12/05/24 Price Changed $3,199 -3.0% $3 / Sq Ft
11/21/2024 11/21/24 Price Changed $3,299 -5.7% $3 / Sq Ft
11/11/2024 11/11/24 Price Changed $3,499 -2.8% $3 / Sq Ft
11/04/2024 11/04/24 Price Changed $3,599 -5.3% $4 / Sq Ft
10/14/2024 10/14/24 For Rent $3,799 -- --

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 $5,789 $616,000 $165,700 $450,300
2023 $4,764 $614,000 $165,700 $448,300
2022 $5,226 $573,000 $165,700 $407,300
2021 $5,323 $580,000 $165,700 $414,300
2020 $5,880 $561,000 $165,700 $395,300
2018 $5,596 $656,000 $116,500 $539,500
2017 $4,253 $577,000 $95,800 $481,200
2016 $3,872 $452,000 $95,800 $356,200
2015 $3,373 $401,000 $85,400 $315,600
2014 -- $357,000 $59,500 $297,500
2013 -- $292,000 $51,800 $240,200
Source: Public Records

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