Listed by eXp Realty, Bought with Realogics Sotheby's Int'l Rlty
NOT LISTED FOR SALE

Estimated Value: $1,604,000 - $2,061,000

3 Beds
2 Baths
2,121 Sq Ft
0.31 Acres

Last Sold March 03, 2016

Last sale price $1,100,000 $519 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $10,445/month

Highlights

  • Fitness Center
  • 0.31 Acre Lot
  • Wood Flooring
  • Garfield High School Rated A
  • Traditional Architecture
  • 2 Fireplaces

About This Home

As of March 2016

Classic 1920's architecture with grand spaces rarely found in a condominium! The Fairmont has a stellar location on one of North Capitol Hill's peaceful tree-lined streets. This sophisticated unit offers beautiful hardwood floors, elegant dayrooms & a delightful balcony off the spacious living room, which also features a lovely fireplace. Private quarters include 2 bedrooms-each with en suite bath, a library/3rd bedroom with a gas fireplace and a sunny family room + extra large storage space.

Last Agent to Sell the Property

Meredith Erickson

eXp Realty License #4392 Listed on: 01/04/2016

eXp Realty

Co-Listed By

Anne Willoughby Nelson

COMPASS License #43082

Last Buyer's Agent

Laura Halliday

Realogics Sotheby's Int'l Rlty License #35189

Realogics Sotheby's Int'l Rlty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 880488

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,510

Year Built

  • Built in 1920

Lot Details

  • 0.31

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Composition Roof
  • Bitumen Roof
  • Wood Siding

Interior Spaces

  • 2,121 Sq Ft Home
  • 3-Story Property
  • 2 Fireplaces
  • Blinds

Kitchen

  • Double Oven
  • Gas Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Soaking Tub

Laundry

  • Gas Dryer
  • Washer

Outdoor Features

  • Balcony
  • Patio

Schools

  • Lowell Elementary School
  • Wash Mid Middle School
  • Garfield High School

Utilities

  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2460800020

Community Details

Overview

  • Association fees include earthquake insurance, garbage, security, water/sewer
  • 7 Units
  • The Fairmont Condos
  • Capitol Hill Subdivision

Amenities

  • Lobby

Recreation

  • Fitness Center

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,510

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 1920
  • Inclusions: Dishwasher,DoubleOven,Dryer,GarbageDisposal,Microwave,Refrigerator,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Traditional
  • Building Name: The Fairmont
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 2121
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • UnitFeatures: Balcony/Deck/Patio,Jetted/Soaking Tub,Primary Bath
  • Special Features: VirtualTour

Interior Features

  • Fireplaces: 2
  • Appliances: Dishwasher, Double Oven, Dryer, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace Features: Both
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Laminate, Carpet
  • Interior Amenities: Ceramic Tile, Hardwood, Wall to Wall Carpet, Laminate, Balcony/Deck/Patio, Cooking-Gas, Dryer-Gas, Ice Maker, Washer
  • Main Level Bedrooms: 3
  • Stories: 3
  • BathsFullMain: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • StorageNo: I
  • AppliancesIncluded: Dishwasher,Double Oven,Dryer,Garbage Disposal,Microwave,Refrigerator,Washer
  • StorageLocation: Basement
  • WindowCoverings: Blinds

Exterior Features

  • Roof: Composition, Torch Down
  • Lot Features: Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Brick, Wood
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2

Utilities

  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Heating Yn: Yes
  • Utilities: Electricity Available, Garbage, Water/Sewer
  • HeatingCoolingType: Baseboard
  • ApplianceHookups: Cooking-Gas,Dryer-Gas,Ice Maker,Washer

Condo/Co-op/Association

  • Community Features: Cable TV, Exercise Room, Lobby Entrance
  • Senior Community: No
  • Association Fee: 897
  • Pets Allowed: Yes
  • CommonPropertyFeatures: Cable TV,Exercise Room,Lobby Entrance

Fee Information

  • Association Fee Includes: Earthquake Insurance, Garbage, Security, Water/Sewer

Schools

  • Junior High Dist: Seattle
  • High School: Garfield High
  • Middle Or Junior School: Wash Mid

Lot Info

  • Parcel Number: 2460800020
  • Lot Size Acres: 0.3138
  • Lot Size Sq Ft: 13669
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: KCR

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2015
  • Tax Annual Amount: 10510

Multi Family

  • Number Of Units In Community: 7
  • EnergySource: Electric

MLS Schools

  • Elementary School: Lowell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 26, 2020
Sold by
Chiarelli Peter W and Chiarelli Beth K
Bought by
Chiarelli Peter W and Chiarelli Beth K
Current Estimated Value
$1,781,260

Purchase Details

Listed on
Jan 4, 2016
Closed on
Feb 18, 2016
Sold by
Smith James B
Bought by
Chiarelli Peter W and Chiarelli Beth K
Seller's Agent
Meredith Erickson
eXp Realty
Buyer's Agent
Laura Halliday
Realogics Sotheby's Int'l Rlty
List Price
$1,085,000
Sold Price
$1,100,000
Premium/Discount to List
$15,000
1.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.12%
Original Mortgage
$990,000
Outstanding Balance
$785,605
Interest Rate
3.81%
Mortgage Type
New Conventional
Estimated Equity
$995,655

Purchase Details

Listed on
Jan 4, 2016
Closed on
Jan 8, 2016
Sold by
Smith James B
Bought by
Smith James B and Stewart Robert D
Seller's Agent
Meredith Erickson
eXp Realty
Buyer's Agent
Laura Halliday
Realogics Sotheby's Int'l Rlty
List Price
$1,085,000
Sold Price
$1,100,000
Premium/Discount to List
$15,000
1.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$990,000
Outstanding Balance
$785,605
Interest Rate
3.81%
Mortgage Type
New Conventional
Estimated Equity
$995,655

Purchase Details

Closed on
Mar 5, 1992
Sold by
Settle Richard L
Bought by
Smith Roberta Jo and Smith James B
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
Chiarelli Peter W -- None Available
Chiarelli Peter W $1,100,000 Chicago Title
Smith James B -- None Available
Smith Roberta Jo $445,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chiarelli Peter W $990,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/03/2016 03/03/16 Sold $1,100,000 +1.4% $519 / Sq Ft
01/11/2016 01/11/16 Pending -- -- --
01/04/2016 01/04/16 For Sale $1,085,000 -- $512 / 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 $13,460 $1,416,000 $679,700 $736,300
2023 $11,631 $1,389,000 $679,700 $709,300
2022 $13,194 $1,385,000 $616,000 $769,000
2021 $12,585 $1,453,000 $616,000 $837,000
2020 $13,037 $1,315,000 $722,200 $592,800
2018 $11,846 $1,325,000 $424,800 $900,200
2017 $12,432 $1,210,000 $424,800 $785,200
2016 $11,046 $1,317,000 $254,800 $1,062,200
2015 $10,510 $1,140,000 $254,800 $885,200
2014 -- $1,114,000 $254,800 $859,200
2013 -- $778,000 $233,600 $544,400
Source: Public Records

Agents Affiliated with this Home

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

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 880488

Northwest Multiple Listing Service (NWMLS)

APN: 246080-0020