Listed by COMPASS, Bought with Engel & Voelkers Seattle DT
NOT LISTED FOR SALE

Estimated Value: $635,000 - $743,000

1 Bed
1.5 Baths
832 Sq Ft
$780/mo HOA Fee

Last Sold June 28, 2024

Last sale price $650,000 $781 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $4,957/month

8 Days on Market

Highlights

  • Fitness Center
  • 4-minute walk to Westlake Sta Acrd & Tunnel Station-Bay A
  • City View
  • Garfield High School Rated A
  • Rooftop Deck
  • Clubhouse

About This Home

As of June 2024

Luxurious living awaits on the 30th floor of Seattle's Hyatt Hotel. This spacious residence offers all the expected amenities; secured building with a 24-hour concierge, room service, gym, sauna, steam room, saline lap pool & spa, private elevators, secure parking with EV chargers, and more. Residents enjoy exclusive access to a BBQ terrace, dog lounge, grooming station, and event room. Enjoy a chef's kitchen, wet bar/coffee area, automatic blinds, W/D in unit, large tub & double vanity in primary bath, walk in closet, 1.5 total baths! Conveniently located near shopping and restaurants. Prime parking space and storage include and no rental cap! Experience the vibrant culture of Capitol Hill and Pike Place Market just steps away!

Last Agent to Sell the Property

Kenna Ramey

COMPASS License #21010765 Listed on: 05/09/2024

COMPASS

Co-Listed By

Sean Mcconnell

COMPASS License #129326

Last Buyer's Agent

Elliott Franklin

Engel & Voelkers Seattle DT License #113495

Engel & Voelkers Seattle DT

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2232428

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,823

Year Built

  • Built in 2009

Lot Details

  • South Facing Home

HOA Fees

  • $780 Monthly HOA Fees

Property Views

  • Mountain
  • Territorial
  • Limited

Home Design

  • 832 Sq Ft Home
  • Flat Roof Shape
  • Cement Board or Planked
  • Vinyl Construction Material

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 1 Car Garage
  • Common or Shared Parking

Utilities

  • Forced Air Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include central hot water, common area maintenance, concierge, earthquake insurance, garbage, gas, sewer, water
  • 229 Units
  • Cwd Group Association
  • Secondary HOA Phone (206) 706-8000
  • Olive 08 Condos
  • South Lake Union Subdivision
  • 39-Story Property

Amenities

  • Sauna
  • Game Room
  • Recreation Room
  • Elevator
  • Lobby

Recreation

  • Sport Court
  • Community Spa

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,823

Year Built

Built in 2009

Lot Details

0

HOA Fees

$780 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 2009
  • Buyer Agency Compensation: 2.5
  • Inclusions: Dishwashers,Dryers,GarbageDisposal,Microwaves,Refrigerators,StovesRanges,Washers
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Olive 08
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 832
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 0
  • RemodeledUpdated: true
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2232428?w=Consumer&agent=128022
  • Special Features: None
  • Cumulative Days on Market: 443

Interior Features

  • Appliances: Dishwasher(s), Dryer(s), Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Stories: 39
  • Bathrooms: 1.5
  • BathsFullMain: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • FloorNumberOfUnit: 30
  • AppliancesIncluded: Dishwasher(s),Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)

Exterior Features

  • Roof: Flat
  • View: City, Mountain(s), Partial, Territorial
  • View: Yes
  • Waterfront: No
  • Direction Faces: South
  • Exterior Features: Cement Planked, Metal/Vinyl
  • Structure Type: Multi Family
  • ViewFrom: Rooftop Deck

Garage/Parking

  • Carport Y N: No
  • Garage Yn: Yes
  • Parking Features: Common Garage
  • Total Parking Spaces: 1

Utilities

  • Cooling: Central A/C
  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Athletic Court, Cable TV, Club House, Elevator, Exercise Room, Fire Sprinklers, Game/Rec Rm, High Speed Int Avail, Hot Tub, Lobby Entrance, Indoor Pool, Rooftop Deck, Sauna
  • Senior Community: No
  • Association Fee: 780
  • Association Fee Frequency: Monthly
  • Phone: 206-706-8000
  • Association: Yes
  • Pets Allowed: Subj to Restrictions
  • AssociationContactName: CWD Group
  • CommonPropertyFeatures: Athletic Court,Cable TV,Clubhouse,Elevator,Exercise Room,Fire Sprinklers,Game/Rec Rm,High Speed Int Avail,Hot Tub,Lobby Entrance,Pool-Indoor,Rooftop Deck,Sauna

Fee Information

  • Association Fee Includes: Central Hot Water, Common Area Maintenance, Concierge, Earthquake Insurance, Garbage, Gas, Sewer, Water

Schools

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

Lot Info

  • Parcel Number: 6364001320
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSSquareFootageSource: Realist

Green Features

  • Power Production Type: Electric, Natural Gas

Tax Info

  • Year: 2023
  • Tax Annual Amount: 5823

Multi Family

  • Number Of Units In Community: 229
  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 229

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2024
Closed on
Jun 12, 2024
Sold by
Tzeng Alexander
Bought by
Bain Grant
Seller's Agent
Kenna Ramey
COMPASS
Buyer's Agent
Elliott Franklin
Engel & Voelkers Seattle DT
List Price
$650,000
Sold Price
$650,000
Views
16
Current Estimated Value
$678,876

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,876
Avg. Annual Appreciation
3.75%
Original Mortgage
$225,000
Outstanding Balance
$222,526
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$456,350

Purchase Details

Listed on
May 29, 2020
Closed on
May 19, 2020
Sold by
Schulte Diane C and Schulte Gary B
Bought by
Tzeng Alexander
Seller's Agent
Olga Dyckman
Windermere Real Estate Midtown
Buyer's Agent
Terri Agee Smith
Windermere Real Estate Co.
List Price
$720,000
Sold Price
$720,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.48%
Original Mortgage
$648,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 2014
Sold by
Schulte Gary B and Schulte Dian
Bought by
Gary B Schulte & Diane C Schulte Trust

Purchase Details

Listed on
Jul 3, 2014
Closed on
Aug 20, 2014
Sold by
Mark Cary A and Mark Leslye L
Bought by
Schulte Gary and Schulte Diane
Seller's Agent
Julie McAvoy
Red Propeller, Inc.
Buyer's Agent
Bruce Ainslie
Windermere RE Greenwood
List Price
$575,000
Sold Price
$575,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.52%
Original Mortgage
$300,000
Interest Rate
2.25%

Purchase Details

Closed on
Oct 26, 2012
Sold by
Mark Cary A and Mark Leslye L
Bought by
Mark Cary A and Mark Leslye L

Purchase Details

Listed on
Mar 8, 2012
Closed on
Jun 22, 2012
Sold by
Olive 8 Llc
Bought by
Mark Cary A and Mark Leslye L
Seller's Agent
Julie McAvoy
Red Propeller, Inc.
Buyer's Agent
Julie McAvoy
Red Propeller, Inc.
List Price
$500,000
Sold Price
$500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.34%
Original Mortgage
$400,000
Interest Rate
3.77%
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
Bain Grant $650,000 Ticor Title
Tzeng Alexander $720,000 First American
Gary B Schulte & Diane C Schulte Trust -- None Available
Schulte Gary $575,000 First American
Mark Cary A -- None Available
Mark Cary A $500,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bain Grant $225,000
Previous Owner Tzeng Alexander $648,000
Previous Owner Schulte Gary $300,000
Previous Owner Mark Cary A $400,000
Previous Owner Olive 8 Llc $24,437,900
Previous Owner Olive 8 Llc $300,000
Previous Owner Olive 8 Llc $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2024 06/28/24 Sold $650,000 0.0% $781 / Sq Ft
05/17/2024 05/17/24 Pending -- -- --
05/09/2024 05/09/24 For Sale $650,000 -9.7% $781 / Sq Ft
05/29/2020 05/29/20 Sold $720,000 0.0% $875 / Sq Ft
05/29/2020 05/29/20 For Sale $720,000 +25.2% $875 / Sq Ft
08/22/2014 08/22/14 Sold $575,000 0.0% $699 / Sq Ft
07/04/2014 07/04/14 Pending -- -- --
07/03/2014 07/03/14 For Sale $575,000 +15.0% $699 / Sq Ft
06/25/2012 06/25/12 Sold $500,000 0.0% $608 / Sq Ft
05/30/2012 05/30/12 Pending -- -- --
03/08/2012 03/08/12 For Sale $500,000 -- $608 / 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 $6,069 $655,000 $163,700 $491,300
2023 $6,897 $757,000 $163,700 $593,300
2022 $5,841 $712,000 $153,100 $558,900
2021 $6,240 $657,000 $153,100 $503,900
2020 $7,420 $666,000 $153,100 $512,900
2018 $6,561 $742,000 $116,400 $625,600
2017 $5,929 $683,000 $105,900 $577,100
2016 $5,548 $638,000 $90,100 $547,900
2015 $5,544 $582,000 $80,000 $502,000
2014 -- $595,000 $74,500 $520,500
2013 -- $490,000 $66,900 $423,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2232428

Northwest Multiple Listing Service (NWMLS)

APN: 636400-1320