Listed by Specialty Real Estate Group, Bought with Windermere R.E. Northeast, Inc
NOT LISTED FOR SALE

7031 Ravenna Ave NE Seattle, WA 98115

Ravenna Neighborhood

Estimated Value: $837,566

3 Beds
2 Baths
1,368 Sq Ft
$8/mo HOA Fee

Last Sold April 14, 2023

Last sale price $765,000 $559 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $5,374/month

11 Days on Market

Highlights

  • Ground Level Unit
  • Craftsman Architecture
  • Territorial View
  • Wedgwood Elementary School Rated A
  • Property is near public transit
  • 5-minute walk to Ravenna-Eckstein Park

About This Home

As of April 2023

Detached Home - Fully permitted studs out remodel in NE Seattle's Ravenna neighborhood. Designer kitchen with white shaker cabinets, SS appliances, Carerra style quartz counters and custom tile backsplash. Open dining and living spaces. All hard surface flooring throughout, no carpet. 2 bedrooms and 1 bathroom on main floor. Lower level - 1 bedroom, custom tile bathroom, and large open rec room perfect for guests or WFH. Best of all, separate entry making it perfect for Airbnb/house hacking. EV ready off-street parking. Super customizable private front patio perfect for entertaining. Walk to restaurants, shops and Roosevelt Light Rail. Easy access to UW/Downtown Seattle/SLU. Top ranked schools. Bike Score 86 and Walk Score 76.

Last Agent to Sell the Property

Adrian Chu

Specialty Real Estate Group License #26434 Listed on: 03/07/2023

Last Buyer's Agent

Ben Clough

Windermere R.E. Northeast, Inc License #22033747

Windermere R.E. Northeast, Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2042292

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,478

Year Built

  • Built in 1914

Lot Details

  • End Unit
  • East Facing Home
  • Private Yard

HOA Fees

  • $8 Monthly HOA Fees

Home Design

  • Craftsman Architecture
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 1,368 Sq Ft Home
  • 1-Story Property
  • Insulated Windows
  • Territorial Views

Kitchen

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

Flooring

  • Ceramic Tile
  • Vinyl Plank

Bedrooms and Bathrooms

  • Walk-In Closet

Parking

  • Uncovered Parking
  • Off-Street Parking

Location

  • Ground Level Unit
  • Property is near public transit
  • Property is near a bus stop

Schools

  • Wedgwood Elementary School
  • Eckstein Mid Middle School
  • Roosevelt High School

Utilities

  • Ductless Heating Or Cooling System
  • Heating System Mounted To A Wall or Window

Community Details

Overview

  • 2 Units
  • 7031 & 7029 Ravenna Avenue Condominium Condos
  • Ravenna Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,478

Year Built

Built in 1914

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 31 - Condo (2 Levels)
  • Year Built: 1914
  • Inclusions: Dishwasher,GarbageDisposal,Microwave,Refrigerator,StoveRange
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Craftsman
  • Building Name: 7031 & 7029 Ravenna Avenue Condominium
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 1368
  • EffectiveYearBuiltSource: See Remarks
  • SeniorExemption: false
  • DwellingType: Detached
  • NumberOfAccessStairs: 2
  • RemodeledUpdated: true
  • UnitFeatures: End Unit,Ground Floor,Insulated Windows,Top Floor,Walk-in Closet,Yard
  • NWM_ExcludedItemsYN: false
  • Special Features: None
  • Cumulative Days on Market: 884

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Stove/Range
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace: No
  • Flooring: Ceramic Tile, Vinyl Plank
  • Interior Amenities: Ceramic Tile, Yard
  • Main Level Bedrooms: 2
  • Stories: 1
  • Bathrooms: 1.75
  • BathsFullMain: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 1
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 1
  • BedroomsUpper: 0
  • FloorNumberOfUnit: 1
  • AppliancesIncluded: Dishwasher,Garbage Disposal,Microwave,Refrigerator,Stove/Range
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 1

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Direction Faces: East
  • Exterior Features: Cement Planked
  • Structure Type: Multi Family
  • BusLineNearby: true
  • ViewFrom: Unit

Garage/Parking

  • Carport Y N: No
  • Parking Features: Off Street, Uncovered

Utilities

  • Cooling: Ductless HP-Mini Split
  • Cooling Y N: Yes
  • Heating: Ductless HP-Mini Split, Wall Unit(s)
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Outside Entry
  • Senior Community: No
  • Association Fee: 8
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Subj to Restrictions
  • CoOp: false
  • CommonPropertyFeatures: Outside Entry

Fee Information

  • Association Fee Includes: See Remarks
  • NWM_OtherDuesOrFeesYN: false

Schools

  • Junior High Dist: Seattle
  • High School: Roosevelt High
  • Middle Or Junior School: Eckstein Mid

Lot Info

  • Parcel Number: 0000000000
  • Lot Size Acres: 0.0532
  • Lot Size Sq Ft: 2319
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSSquareFootageSource: Plans

Green Features

  • Efficiency: Insulated Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • RentalCap: No Rental Cap
  • ShortTermRentalYN: true

Tax Info

  • Year: 2022
  • Tax Annual Amount: 6478

Multi Family

  • Number Of Units In Community: 2
  • EnergySource: Electric
  • UnitsInBuildingTotal: 1

MLS Schools

  • Elementary School: Wedgwood

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2023
Closed on
Feb 13, 2023
Sold by
Cottage Communities Llc
Bought by
Dang Steven and Furlan Elizabeth
Seller's Agent
Adrian Chu
Specialty Real Estate Group
Buyer's Agent
Ben Clough
Windermere R.E. Northeast, Inc
List Price
$775,000
Sold Price
$765,000
Premium/Discount to List
-$10,000
-1.29%
Views
14
Current Estimated Value
$837,566

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,566
Original Mortgage
$475,000
Outstanding Balance
$461,133
Interest Rate
6.33%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 11, 2020
Closed on
Sep 22, 2021
Sold by
Tomkins Kenneth P
Bought by
Cottage Communities Llc
Seller's Agent
Felix Rodriguez
Quorum Real Estate Prop. Mgmt.
Buyer's Agent
Adrian Chu
Specialty Real Estate Group
List Price
$760,000
Sold Price
$711,000
Premium/Discount to List
-$49,000
-6.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.87%
Original Mortgage
$639,900
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 21, 1998
Sold by
Williams Wayne Thomas
Bought by
Tomkins Kenneth P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,000
Interest Rate
8.75%

Purchase Details

Closed on
Mar 24, 1994
Sold by
Davidsmeyer Peggy L
Bought by
Williams Wayne Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,700
Interest Rate
7.15%
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Dang Steven $875,000 First American Title Insurance
Cottage Communities Llc $711,000 First American Title
Tomkins Kenneth P $129,000 Fidelity National Title Co
Williams Wayne Thomas $126,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dang Steven $475,000
Closed Dang Steven $475,000
Previous Owner Cottage Communities Llc $639,900
Previous Owner Tomkins Kenneth P $29,902
Previous Owner Tomkins Kenneth P $273,750
Previous Owner Tomkins Kenneth P $23,200
Previous Owner Tomkins Kenneth P $258,000
Previous Owner Tomkins Kenneth P $134,000
Previous Owner Williams Wayne Thomas $119,700
Closed Optane Opportunity Fund Llc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2023 04/14/23 Sold $765,000 -1.3% $559 / Sq Ft
03/18/2023 03/18/23 Pending -- -- --
03/07/2023 03/07/23 For Sale $775,000 +9.0% $567 / Sq Ft
09/30/2021 09/30/21 Sold $711,000 -6.4% $539 / Sq Ft
10/03/2020 10/03/20 Pending -- -- --
09/11/2020 09/11/20 For Sale $760,000 -- $576 / 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
2022 $7,086 $788,000 $709,000 $79,000
2021 $6,478 $660,000 $605,000 $55,000
2020 $5,559 $576,000 $500,000 $76,000
2018 $4,902 $507,000 $431,000 $76,000
2017 $4,121 $461,000 $392,000 $69,000
2016 $4,121 $431,000 $366,000 $65,000
2015 $3,637 $392,000 $333,000 $59,000
2014 -- $353,000 $300,000 $53,000
2013 -- $328,000 $222,000 $106,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2042292

Northwest Multiple Listing Service (NWMLS)

APN: 275470-0006