NOT LISTED FOR SALE

Estimated Value: $599,000 - $671,000

1 Bed
1 Bath
700 Sq Ft
$550/mo HOA Fee

Last Sold September 22, 2022

Last sale price $645,000 $921 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $4,511/month

83 Days on Market

Highlights

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

About This Home

As of September 2022

Superb, best floor plan one bedroom in the luxury Olive 8. Light filled home offering a beautiful perch for watching our sparkling City. Floor to ceiling 10' windows, private balcony, top of the line amenities, 24 hour concierge. Enjoy Hyatt Hotel's World Class amenities including 24 hour concierge, private resident lounge, rooftop terrace, spa, saline lap pool, doggie area. Freshly painted and carpeted. One parking with EV charging, one storage. No rental cap. Location is everything.

Last Agent to Sell the Property

Jan Selvar

Windermere Real Estate Co. License #23282 Listed on: 05/26/2022

Windermere Real Estate Co.

Co-Listed By

Ashley Azeltine

Windermere Real Estate Co. License #107864

Last Buyer's Agent

Jason Saldarriaga

Wilson Realty Exchange, Inc. License #130439

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1940071

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,949

Year Built

  • Built in 2009

Lot Details

  • 0.67

HOA Fees

  • $550 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Common or Shared Parking

Property Views

  • Mountain
  • Territorial

Home Design

  • Flat Roof Shape

Interior Spaces

  • 700 Sq Ft Home
  • Electric Fireplace
  • Insulated Windows
  • Blinds

Kitchen

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

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Electric Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Central Air
  • Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Northeast Facing Home
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 6364001440

Community Details

Overview

  • Association fees include central hot water, common area maintenance, concierge, earthquake insurance, garbage, gas, sewer, water
  • Claire Schmidt Association
  • Secondary HOA Phone (206) 730-3494
  • Olive 8 Condos
  • Downtown Subdivision
  • Park Phone (206) 706-8000 | Manager CWD Group / Olive 8 Concierge
  • 39-Story Property

Amenities

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

Recreation

  • Community Spa

Pet Policy

  • Dogs and Cats Allowed

Security

  • Gated Community
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,949

Year Built

Built in 2009

Lot Details

0

HOA Fees

$550 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 2009
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Microwave,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Olive 8
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 700
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 0
  • UnitFeatures: Balcony/Deck/Patio,Insulated Windows
  • Special Features: None
  • Cumulative Days on Market: 1,083

Interior Features

  • Fireplaces: 1
  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 1
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Entry Location: Main
  • Fireplace Features: Electric
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Forced Air, Central A/C, Ceramic Tile, Hardwood, Wall to Wall Carpet, Balcony/Deck/Patio, Cooking-Gas, Dryer-Electric, Washer, Water Heater
  • Main Level Bedrooms: 1
  • Stories: 39
  • Bathrooms: 1
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • FloorNumberOfUnit: 31
  • StorageNo: 69
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Microwave,Refrigerator,Stove/Range,Washer
  • StorageLocation: #69 on P2
  • WindowCoverings: blinds

Exterior Features

  • Roof: Flat
  • View: City, Mountain(s), Territorial
  • Lot Features: Alley, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Direction Faces: Northeast
  • Exterior Features: Cement/Concrete
  • Structure Type: Multi Family
  • BusLineNearby: true
  • ViewFrom: Unit
  • BusRouteNumber: 311,214,257,218

Garage/Parking

  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Common Garage
  • Total Parking Spaces: 1
  • ParkingSpaceNumbers: 163 on P5

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling Y N: Yes
  • Utilities: Electricity Available, Natural Gas Connected, Common Area Maintenance, Garbage
  • HeatingCoolingType: Central A/C,Forced Air
  • ApplianceHookups: Cooking-Gas,Dryer-Electric,Washer
  • WaterHeaterType: central

Condo/Co-op/Association

  • Community Features: Cable TV, Club House, Elevator, Exercise Room, Fire Sprinklers, Game/Rec Rm, Gated, High Speed Int Avail, Hot Tub, Lobby Entrance, Indoor Pool, Rooftop Deck, Sauna, See Remarks
  • Park Manager Name: CWD Group / Olive 8 Concierge
  • Park Manager Phone: 206-706-8000
  • Senior Community: No
  • Association Fee: 550
  • Association Fee Frequency: Monthly
  • Phone: 206-730-3494
  • Association: Yes
  • Pets Allowed: Cats OK, Dogs OK, Subj to Restrictions
  • AssociationContactName: Claire Schmidt
  • CoOp: false
  • CommonPropertyFeatures: Cable TV,Club Houses,Elevator,Exercise Room,Fire Sprinklers,Game/Rec Rm,Gated Entry,High Speed Int Avail,Hot Tub,Lobby Entrance,Pool-Indoor,Rooftop Deck,Sauna,See Remarks

Fee Information

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

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 6364001440
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: KCR
  • MLSSquareFootageSource: KCR

Green Features

  • Efficiency: Insulated Windows
  • Power Production Type: Electric, Natural Gas

Rental Info

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

Tax Info

  • Year: 2022
  • Tax Annual Amount: 4949

Multi Family

  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 229

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2022
Closed on
Sep 13, 2022
Sold by
737 Olive Way 3104 Llc
Bought by
Guerra David Aguirre
Seller's Agent
Jan Selvar
Windermere Real Estate Co.
Buyer's Agent
Jason Saldarriaga
Wilson Realty Exchange, Inc.
List Price
$699,000
Sold Price
$645,000
Premium/Discount to List
-$54,000
-7.73%
Total Days on Market
83
Current Estimated Value
$632,009

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,991
Avg. Annual Appreciation
-0.74%
Original Mortgage
$593,400
Outstanding Balance
$570,737
Interest Rate
5.22%
Mortgage Type
New Conventional
Estimated Equity
$61,272

Purchase Details

Closed on
Feb 9, 2015
Sold by
Li Sean and Yin Lindsay
Bought by
Gruenkemeier Jens

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Interest Rate
5.5%

Purchase Details

Listed on
Apr 26, 2012
Closed on
Aug 8, 2012
Sold by
Olive 8 Llc
Bought by
Li Sean and Yin Yawen
Seller's Agent
Julie McAvoy
Red Propeller, Inc.
Buyer's Agent
Carrie Pierce-Johnson
Coldwell Banker Danforth
List Price
$460,000
Sold Price
$460,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.50%
Original Mortgage
$414,000
Interest Rate
3.62%
Source: Public Records

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Range of Values:

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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
Guerra David Aguirre $645,000 Chicago Title
Gruenkemeier Jens $510,000 First American
Li Sean $460,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guerra David Aguirre $593,400
Previous Owner Gruenkemeier Jens $306,000
Previous Owner Li Sean $414,000
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
09/22/2022 09/22/22 Sold $645,000 -0.6% $921 / Sq Ft
08/17/2022 08/17/22 Pending -- -- --
07/07/2022 07/07/22 Price Changed $649,000 -7.2% $927 / Sq Ft
05/26/2022 05/26/22 For Sale $699,000 +52.0% $999 / Sq Ft
08/10/2012 08/10/12 Sold $460,000 0.0% $678 / Sq Ft
07/10/2012 07/10/12 Pending -- -- --
04/26/2012 04/26/12 For Sale $460,000 -- $678 / 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 $5,159 $556,000 $131,900 $424,100
2023 $4,955 $648,000 $131,900 $516,100
2022 $4,949 $605,000 $123,300 $481,700
2021 $5,402 $556,000 $123,300 $432,700
2020 $6,414 $576,000 $123,300 $452,700
2018 $5,604 $641,000 $93,700 $547,300
2017 $5,050 $583,000 $85,300 $497,700
2016 $4,770 $543,000 $72,600 $470,400
2015 $4,681 $500,000 $64,400 $435,600
2014 -- $502,000 $60,000 $442,000
2013 -- $415,000 $53,900 $361,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1940071

Northwest Multiple Listing Service (NWMLS)

APN: 636400-1440