Listed by COMPASS, Bought with Flyhomes
NOT LISTED FOR SALE

Estimated Value: $441,000 - $983,000

1 Bed
1.5 Baths
886 Sq Ft
21,222 Sq Ft Lot

Last Sold February 22, 2018

Last sale price $670,000 $756 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $3,757/month

4 Days on Market

Highlights

  • City View
  • 2-minute walk to Westlake & Thomas
  • Property is near public transit and bus stop
  • Garfield High School Rated A
  • 0.49 Acre Lot
  • Vaulted Ceiling

About This Home

As of February 2018

Veer Lofts, the epitome of über modern design. Expansive open living w/stunning concrete floors & glass walls, open to a balcony with city views. Light filled, soaring ceilings & two levels make this an oasis of loft living for entertaining. Balancing concrete & wood, sleek architecture & sophistication. 1 bed +den/2nd bed, 1.5 baths, 1 secure parking, storage & bike rack. In the heart of one of Seattle's most desirable & urban locations, S Lake Union! Every modern convenience & truly special!

Last Agent to Sell the Property

Eric Premo

COMPASS License #74530 Listed on: 01/18/2018

COMPASS

Co-Listed By

Gina Hasson

COMPASS License #93938

Last Buyer's Agent

Tushar Garg

Flyhomes License #121462

Flyhomes

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1235250

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,404

Year Built

  • Built in 2009

Lot Details

  • 0.49

Parking

  • 1 Car Garage
  • Common or Shared Parking

Property Views

  • Territorial

Home Design

  • Flat Roof Shape
  • Wood Siding
  • Vinyl Construction Material

Interior Spaces

  • 886 Sq Ft Home
  • Vaulted Ceiling
  • Insulated Windows
  • Concrete Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Patio

Utilities

  • High Speed Internet
  • Cable TV Available

Additional Features

  • Disabled Access
  • Property is near public transit and bus stop

Listing and Financial Details

  • Assessor Parcel Number 8892300870

Community Details

Overview

  • Association fees include common area maintenance, earthquake insurance, garbage, water/sewer
  • 100 Units
  • Veer Lofts Condos
  • South Lake Union Subdivision
  • 6-Story Property

Amenities

  • Elevator
  • Lobby

Pet Policy

  • Dogs and Cats Allowed

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,404

Year Built

Built in 2009

Lot Details

0.49 Acres

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 31 - Condo (2 Levels)
  • Accessibility Features: Other
  • Year Built: 2009
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Microwave,RangeOven,Refrigerator,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Loft
  • Building Name: Veer Lofts
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 886
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • UnitFeatures: Balcony/Deck/Patio,Disabled Access,Insulated Windows,Primary Bath,Vaulted Ceilings
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Location: Main
  • Fireplace: No
  • Flooring: Concrete
  • Interior Amenities: Forced Air, Concrete, Balcony/Deck/Patio
  • Stories: 6
  • BathsFullMain: 0
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullLower: 0
  • BathsFullUpper: 1
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 1
  • StorageNo: 84
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Microwave,Range/Oven,Refrigerator,Washer
  • StorageLocation: Garage
  • WindowCoverings: Yes

Exterior Features

  • Roof: Flat
  • View: City, Territorial
  • Lot Features: Alley, Corner Lot, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Metal/Vinyl, Wood
  • Structure Type: Multi Family
  • BusLineNearby: true

Garage/Parking

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

Utilities

  • Utilities: Electricity Available, Common Area Maintenance, Garbage, Water/Sewer
  • HeatingCoolingType: Forced Air

Condo/Co-op/Association

  • Community Features: Cable TV, Disabled Access, Elevator, Fire Sprinklers, High Speed Int Avail, Lobby Entrance
  • Senior Community: No
  • Association Fee: 602
  • Pets Allowed: Cats OK, Dogs OK
  • CoOp: false
  • CommonPropertyFeatures: Cable TV,Disabled Access,Elevator,Fire Sprinklers,High Speed Int Avail,Lobby Entrance

Fee Information

  • Association Fee Includes: Common Area Maintenance, Earthquake Insurance, Garbage, Water/Sewer

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 8892300870
  • Lot Size Acres: 0.4872
  • Lot Size Sq Ft: 21224
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: KCR

Green Features

  • Efficiency: Insulated Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2017
  • Tax Annual Amount: 4404

Multi Family

  • Number Of Units In Community: 100
  • EnergySource: Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2018
Closed on
Feb 1, 2018
Sold by
Meline Kerry P
Bought by
Li Mingshu
Seller's Agent
Eric Premo
COMPASS
Buyer's Agent
Tushar Garg
Flyhomes
List Price
$635,000
Sold Price
$670,000
Premium/Discount to List
$35,000
5.51%
Current Estimated Value
$625,739

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$44,261
Avg. Annual Appreciation
-0.84%
Original Mortgage
$502,500
Outstanding Balance
$425,572
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$200,167

Purchase Details

Closed on
Aug 17, 2009
Sold by
Veer Lofts Venture Llc
Bought by
Meline Kerry P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,770
Interest Rate
5.3%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Li Mingshu $670,000 Chicago Title
Meline Kerry P $398,000 Pacific Nw Tit
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Mingshu $502,500
Previous Owner Meline Kerry P $390,770
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/22/2018 02/22/18 Sold $670,000 +5.5% $756 / Sq Ft
01/23/2018 01/23/18 Pending -- -- --
01/18/2018 01/18/18 For Sale $635,000 -- $717 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

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 $4,956 $532,000 $258,000 $274,000
2023 $4,581 $594,000 $258,000 $336,000
2022 $4,973 $557,000 $210,500 $346,500
2021 $5,295 $557,000 $210,500 $346,500
2020 $5,790 $563,000 $210,500 $352,500
2018 $4,927 $603,000 $187,400 $415,600
2017 $4,404 $511,000 $156,200 $354,800
2016 $4,020 $472,000 $116,800 $355,200
2015 $4,319 $420,000 $101,800 $318,200
2014 -- $462,000 $101,800 $360,200
2013 -- $367,000 $61,100 $305,900
Source: Public Records

Agents Affiliated with this Home

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1235250

Northwest Multiple Listing Service (NWMLS)

APN: 889230-0870

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