NOT LISTED FOR SALE
-- Bed
-- Bath
149,040 Sq Ft
0.3 Acres

About This Home

This home is located at 601 2nd Ave Unit A, Seattle, WA 98104. 601 2nd Ave Unit A is a home located in King County with nearby schools including Lowell Elementary School, Meany Middle School, and Garfield High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 8, 2024
Sold by
Western Office Portfolio Property Owner
Bought by
Smith Tower Investors Llc

Purchase Details

Closed on
Jan 16, 2019
Sold by
Upi Butler Garage Llc
Bought by
Western Office Portfolio Property Owner

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$437,500,000
Interest Rate
4.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 1, 2017
Sold by
Upp Butler Garage Seattle Llc
Bought by
Upi Butler Garage Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,525,000
Interest Rate
3.88%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 30, 2012
Sold by
Walton Butler Investors V Llc
Bought by
Upp Butler Garage Seattle Llc

Purchase Details

Closed on
May 10, 2007
Sold by
Second & James Garage Holdings
Bought by
Walton Butler Investors V Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,500,000
Interest Rate
6.17%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 19, 2001
Sold by
Samis Foundation
Bought by
Second & James Garage Holdings
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

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Smith Tower Investors Llc $313 None Listed On Document
Western Office Portfolio Property Owner $30,997,500 First American Title
Upi Butler Garage Llc $30,750,000 Chicago Title Ncs
Upp Butler Garage Seattle Llc $14,850,000 Chicago Title
Walton Butler Investors V Llc $12,202,168 Chicago Title
Second & James Garage Holdings -- First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Western Office Portfolio Property Owner $437,500,000
Previous Owner Upi Butler Garage Llc $98,525,000
Previous Owner Walton Butler Investors V Llc $12,500,000
Source: Public Records

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 $155,287 $16,582,900 $5,832,000 $10,750,900
2023 $147,056 $15,955,700 $5,832,000 $10,123,700
2022 $173,001 $22,153,000 $5,572,800 $16,580,200
2021 $289,951 $19,330,800 $5,572,800 $13,758,000
2020 $273,812 $30,907,400 $5,572,800 $25,334,600
2018 $142,685 $28,012,500 $4,147,200 $23,865,300
2017 $105,223 $14,737,900 $3,434,400 $11,303,500
2016 $107,414 $11,204,200 $2,916,000 $8,288,200
2015 $118,843 $11,169,000 $2,592,000 $8,577,000
2014 -- $12,672,100 $2,462,400 $10,209,700
2013 -- $11,323,800 $2,073,600 $9,250,200
Source: Public Records

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