Listed by Windermere Real Estate Midtown, Bought with Windermere Real Estate/East
$699,000
SOLD JUN 17, 2025
1 Bed
1.5 Baths
1,208 Sq Ft
$1,593/mo HOA Fee

Recently Sold

$579 Per Sq Ft

2% Below List Price

62 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Contemporary Architecture
  • Garfield High School Rated A
  • City View
  • Property is near public transit

About This Home

As of June 2025

PENTHOUSE STYLE living at a fraction of the price. Captivating Architecture, Soaring 10.5 ft Floor to ceiling windows perched perfectly above the city. Dreamy views of the city's glamorous skyline. Wake up to stunning sunrises, unwind to the sparkle of night lights. This sophisticated award winning Steel & concrete Jewel box, features 1208sqft of loft like living minus the industrial feel. Upgrades include,Wall bed, Subzero,Bev center, Viking cook top/Oven, expansive spaces to cook, entertain, work or just lounge. World class location in Seattle's financial district, 99 walk score, 1 deed space 1 large storage. Ideal location, close to everything,light rail,Bainbridge ferry, I5, waterfront, stadiums. 24/7 concierge,guest suite, no rent cap.

Last Agent to Sell the Property

Olga Dyckman

Windermere Real Estate Midtown License #49991 Listed on: 03/20/2025

Windermere Real Estate Midtown

Last Buyer's Agent

Kathrin A. Faulkner

Windermere Real Estate/East License #25179

Windermere Real Estate/East

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2344214

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,376

Year Built

  • Built in 2008

Lot Details

  • Open Space
  • End Unit
  • Northeast Facing Home

HOA Fees

  • $1,593 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Common or Shared Parking

Property Views

  • Territorial

Home Design

  • Contemporary Architecture
  • Flat Roof Shape

Interior Spaces

  • 1,208 Sq Ft Home
  • Insulated Windows

Kitchen

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

Flooring

  • Engineered Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Walk-In Closet
  • Bathroom on Main Level

Laundry

  • Electric Dryer
  • Washer

Home Security

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Balcony
  • Property is near public transit

Listing and Financial Details

Community Details

Overview

  • Association fees include central hot water, common area maintenance, concierge, earthquake insurance, gas, sewer, trash, water
  • 126 Units
  • Concierge Association
  • Secondary HOA Phone (206) 730-0208
  • 5Th & Madison Condos
  • Downtown Subdivision
  • Park Phone (206) 730-0208 | Manager CWD
  • 26-Story Property

Amenities

  • Community Garden
  • Elevator

Recreation

Pet Policy

  • Dogs and Cats Allowed

Security

  • Gated Community
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,376

Year Built

Built in 2008

Lot Details

0

HOA Fees

$1,593 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 2008
  • Inclusions: Dishwasher(s),Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Contemporary
  • Building Name: 5th & Madison
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1208
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 2
  • RemodeledUpdated: true
  • UnitFeatures: Balcony/Deck/Patio,End Unit,Insulated Windows,Walk-in Closet
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2344214?w=Consumer&agent=33552
  • Special Features: VirtualTour
  • Cumulative Days on Market: 80

Interior Features

  • Appliances: Dishwasher(s), Disposal, Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Entry Location: Main
  • Fireplace: No
  • Flooring: Engineered Hardwood, Stone, Carpet
  • Interior Amenities: Cooking-Gas, Dryer-Electric, End Unit, Insulated Windows, Walk-In Closet(s), Washer, Water Heater
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Stories: 26
  • 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: 14
  • StorageNo: B-15
  • AppliancesIncluded: Dishwasher(s),Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • StorageLocation: parking garage level B
  • WindowCoverings: Lutron Roller Shades
  • NWM_NumberOfShowers: 1

Exterior Features

  • Roof: Flat
  • View: City, See Remarks, Territorial
  • Lot Features: Corner Lot, Curbs, Open Space, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Construction Type: Concrete
  • Direction Faces: Northeast
  • Exterior Features: Cement/Concrete
  • Structure Type: Multi Family
  • BusLineNearby: true
  • ConstructionMethods: Steel & Concrete
  • ViewFrom: Unit

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Common Garage
  • Total Parking Spaces: 1
  • ParkingSpaceNumbers: B-21

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Security: Security Gate
  • Cooling: Central A/C, Heat Pump
  • Cooling Y N: Yes
  • Heating: Forced Air, Heat Pump
  • Heating Yn: Yes
  • ApplianceHookups: Cooking-Gas,Dryer-Electric,Washer
  • WaterHeaterLocation: Roof
  • WaterHeaterType: Cental Boiler

Condo/Co-op/Association

  • Community Features: Cable TV, Elevator, Exercise Room, Fire Sprinklers, Garden Space, Gated, High Speed Int Avail, Lobby Entrance
  • Park Manager Name: CWD
  • Park Manager Phone: 206-730-0208
  • Senior Community: No
  • Association Fee: 1593
  • Association Fee Frequency: Monthly
  • Phone: 206-730-0208
  • Association: Yes
  • Pets Allowed: Cats OK, Dogs OK, Subject to Restrictions
  • AssociationContactName: Concierge
  • CoOp: false
  • CommonPropertyFeatures: Cable TV,Elevator,Exercise Room,Fire Sprinklers,Garden Space,High Speed Int Avail,Lobby Entrance,Security Gate

Fee Information

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

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 253884069
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSSquareFootageSource: Realist

Green Features

  • Efficiency: Insulated Windows
  • Green Building Verification Type: LEED For Homes
  • Power Production Type: Electric, Natural Gas
  • GreenVerificationLEEDRating: Gold

Rental Info

  • RentalCap: No Rental Cap
  • ShortTermRentalYN: false

Tax Info

  • Year: 2024
  • Tax Annual Amount: 7376

Multi Family

  • Number Of Units In Community: 126
  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 126
  • EnvironmentalCertification: LEED™

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2025
Closed on
Jun 16, 2025
Sold by
Malhotra Paras and Tulshyan Ruchika
Bought by
Riedel Paul Jakob Sebast
Seller's Agent
Olga Dyckman
Windermere Real Estate Midtown
Buyer's Agent
Kathrin A. Faulkner
Windermere Real Estate/East
List Price
$715,000
Sold Price
$699,000
Premium/Discount to List
-$16,000
-2.24%
Views
28

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.80%

Purchase Details

Listed on
Mar 20, 2025
Closed on
Jun 13, 2025
Sold by
Odinaeva Lola
Bought by
Riedel Paul Jakob Sebast
Seller's Agent
Olga Dyckman
Windermere Real Estate Midtown
Buyer's Agent
Kathrin A. Faulkner
Windermere Real Estate/East
List Price
$715,000
Sold Price
$699,000
Premium/Discount to List
-$16,000
-2.24%
Views
28

Purchase Details

Listed on
Nov 18, 2013
Closed on
Feb 18, 2014
Sold by
Resource Transition Consultants Llc
Bought by
Malhotra Paras and Tulshyan Ruchika
Seller's Agent
Barbara Clark
Windermere RE North, Inc.
Buyer's Agent
Hao Dang
Windermere Real Estate/East
List Price
$600,000
Sold Price
$560,000
Premium/Discount to List
-$40,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.98%
Original Mortgage
$448,000
Interest Rate
2.87%
Mortgage Type
Commercial
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 Type Sale Price Title Company
Warranty Deed $699,000 Chicago Title
Quit Claim Deed $313 Chicago Title
Special Warranty Deed -- First American
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $292,500 New Conventional
Previous Owner $300,000 VA
Previous Owner $448,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2025 06/17/25 Sold $699,000 0.0% $579 / Sq Ft
05/21/2025 05/21/25 Pending -- -- --
04/25/2025 04/25/25 Price Changed $699,000 -1.3% $579 / Sq Ft
04/11/2025 04/11/25 Price Changed $708,000 -1.0% $586 / Sq Ft
03/20/2025 03/20/25 For Sale $715,000 +27.7% $592 / Sq Ft
02/21/2014 02/21/14 Sold $560,000 -6.7% $464 / Sq Ft
01/23/2014 01/23/14 Pending -- -- --
01/08/2014 01/08/14 For Sale $600,000 +7.1% $497 / Sq Ft
12/16/2013 12/16/13 Off Market $560,000 -- --
11/18/2013 11/18/13 For Sale $600,000 -- $497 / 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 $6,757 $731,000 $134,100 $596,900
2023 $7,376 $811,000 $134,100 $676,900
2022 $7,253 $816,000 $129,900 $686,100
2021 $7,022 $818,000 $129,900 $688,100
2020 $8,123 $751,000 $129,900 $621,100
2018 $7,558 $898,000 $100,500 $797,500
2017 $6,292 $788,000 $92,200 $695,800
2016 $5,399 $678,000 $75,400 $602,600
2015 $5,678 $567,000 $64,900 $502,100
2014 -- $610,000 $62,800 $547,200
2013 -- $487,000 $58,600 $428,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2344214

Northwest Multiple Listing Service (NWMLS)

APN: 253884-0690