Listed by Acre Real Estate, Bought with Sagareus Real Estate
NOT LISTED FOR SALE

Spinnaker Bay Seattle, WA 98118

Rainier Beach Neighborhood

Estimated Value: $307,000 - $376,000

1 Bed
1 Bath
660 Sq Ft
$432/mo HOA Fee

Last Sold January 11, 2018

Last sale price $335,000 $508 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,487/month

About This Home

As of January 2018

Waterfront living at its best! Gated secure entry, outdoor pool, clubhouse and more. Easy access to freeways, tons of new neighborhood restaurants & Light Rail.

Last Agent to Sell the Property

Beata Miklos

Acre Real Estate License #1673 Listed on: 01/11/2018

Last Buyer's Agent

Margaret Williams

Sagareus Real Estate License #130360

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1233263

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,175

Year Built

  • Built in 1967

Lot Details

  • 2.96

HOA Fees

  • $432 Monthly HOA Fees

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Bitumen Roof

Interior Spaces

  • 660 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Community Details

  • Association fees include cable TV, common area maintenance, garbage, lawn service, sewer, water
  • Spinnaker Bay Condos
  • Rainier Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7922640610

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,175

Year Built

Built in 1967

Lot Details

0

HOA Fees

$432 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 1967
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Spinnaker Bay
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 660
  • Special Features: None

Interior Features

  • Full Bathrooms: 1
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Main Level Bedrooms: 1
  • Bathrooms: 1
  • BathsFullMain: 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

Exterior Features

  • Roof: Flat, Torch Down
  • View: No
  • Waterfront: No
  • Exterior Features: Brick
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No

Utilities

  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 432
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Cable TV, Common Area Maintenance, Garbage, Lawn Service, Sewer, Water

Lot Info

  • Parcel Number: 7922640610
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSSquareFootageSource: realist

Rental Info

  • Furnished: Unfurnished

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 20, 2022
Sold by
Franklin Lloyd Stephen and Franklin Dawn Danielle
Bought by
Mcvicar Douglas S and Selchen Frumie
Current Estimated Value
$338,872

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$291,750
Outstanding Balance
$276,526
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$68,852

Purchase Details

Closed on
Jul 22, 2021
Sold by
Lloyd Stephen Franklin and Fales Danielle Dawn
Bought by
Lloyd Stephen Franklin and Fales Danielle Dawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
2.93%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 11, 2018
Closed on
Jan 2, 2018
Sold by
Bailey David Alan and Bailey Margaret Anne
Bought by
Lloyd Stephen
Seller's Agent
Beata Miklos
Acre Real Estate
Buyer's Agent
Margaret Williams
Sagareus Real Estate
List Price
$335,000
Sold Price
$335,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.40%
Original Mortgage
$306,520
Interest Rate
3.9%

Purchase Details

Closed on
Apr 12, 2017
Sold by
Bailey Margaret Anne Sigman and Bailey David Alan
Bought by
Bailey David Alan and Bailey Margaret Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,750
Interest Rate
4.21%

Purchase Details

Closed on
Apr 1, 2008
Sold by
Sigman Margaret Anne
Bought by
Bailey Margaret Anne Sigman and Bailey David Alan

Purchase Details

Closed on
Jul 24, 2002
Sold by
Magan Frank R and Magan Susan J
Bought by
Sigman Margaret A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,451
Interest Rate
6.7%

Purchase Details

Closed on
Jul 15, 2002
Sold by
Posey Gregory Lee
Bought by
Sigman Margaret A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,451
Interest Rate
6.7%

Purchase Details

Closed on
Apr 10, 2000
Sold by
Reed Clarence and Reed Beverly
Bought by
Magan Frank R and Magan Susan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,100
Interest Rate
8.62%

Purchase Details

Closed on
Sep 23, 1996
Sold by
Mckay Richard Patrick
Bought by
Reed Clarence and Reed Beverly

Purchase Details

Closed on
Oct 19, 1992
Sold by
I R Co
Bought by
Mckay Richard Patrick
Source: Public Records

Range of Values:

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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
Mcvicar Douglas S $389,000 New Title Company Name
Lloyd Stephen Franklin -- Cw Title
Lloyd Stephen $335,000 Ticor Title
Bailey David Alan -- First American
Bailey Margaret Anne Sigman -- None Available
Sigman Margaret A $149,950 Chicago Title
Sigman Margaret A -- Chicago Title
Magan Frank R $105,500 Old Republic Title Ltd
Reed Clarence $73,600 First American Title
Mckay Richard Patrick $72,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcvicar Douglas S $291,750
Previous Owner Lloyd Stephen Franklin $280,000
Previous Owner Lloyd Stephen $306,520
Previous Owner Bailey David Alan $94,750
Previous Owner Sigman Margaret A $145,451
Previous Owner Magan Frank R $79,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2018 01/11/18 Sold $335,000 0.0% $508 / Sq Ft
01/11/2018 01/11/18 For Sale $335,000 -- $508 / 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 $3,175 $333,000 $42,400 $290,600
2023 $2,332 $339,000 $42,400 $296,600
2022 $2,328 $275,000 $42,400 $232,600
2021 $2,696 $253,000 $42,400 $210,600
2020 $2,658 $280,000 $42,400 $237,600
2018 $2,337 $264,000 $36,300 $227,700
2017 $1,730 $237,000 $36,300 $200,700
2016 $1,645 $180,000 $30,200 $149,800
2015 $1,494 $167,000 $33,500 $133,500
2014 -- $155,000 $33,500 $121,500
2013 -- $181,000 $33,500 $147,500
Source: Public Records

Agents Affiliated with this Home

  • Beata Miklos

    Seller's Agent in 2018

    Beata Miklos

    Acre Real Estate

    (206) 227-6161

    3 in this area

    995 Total Sales

    Beata Miklos
    Section Image

  • M

    Buyer's Agent in 2018

    Margaret Williams

    Sagareus Real Estate

    (425) 553-0239

    6 Total Sales

    Margaret Williams
    Section Image
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About Spinnaker Bay

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1233263

Northwest Multiple Listing Service (NWMLS)

APN: 792264-0610

Washington King County Seattle 98118

Rainier Beach

This home since 11 January 2018 and is currently estimated at $338,872, approximately $513 per square foot. This property was built in 1967. This home is a home located in King County with nearby schools including Derech Emunah.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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