NOT LISTED FOR SALE

505 Belmont Ave E Unit 602 Seattle, WA 98102

Capitol Hill Neighborhood

Estimated Value: $500,604 - $618,000

1 Bed
1 Bath
720 Sq Ft
0.64 Acres

Last Sold December 11, 2020

Last sale price $519,975 $722 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,538/month

6 Days on Market

Highlights

  • Views of a Sound
  • Bamboo Flooring
  • 2-minute walk to Tashkent Park
  • Garfield High School Rated A
  • Corner Lot

About This Home

As of December 2020

Sweeping city, sound & mountain views from this swanky 6th floor condo at the sought after Lamplighter! Spacious entry leads you to the kitchen featuring Bosch and Liebherr appliances, warm granite counters & Thomasville maple cabinets. Bamboo floors & awesome views throughout living/kitchen/dining areas. Spacious bedroom has new carpet & easily accommodates a king bed. Entertain on your deck w/those incredible views! Short stroll to QFC, shops, restaurants, SLU & light rail. Gar pkg & storage.

Last Listed By

Steve Foss

Windermere Real Estate Midtown License #102093 Listed on: 11/05/2020

Windermere Real Estate Midtown

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1686311

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,864

Year Built

  • Built in 1962

Lot Details

  • 0.64

Parking

  • Common or Shared Parking

Property Views

  • Views of a Sound
  • Bay
  • Lake
  • City
  • Mountain

Home Design

  • Brick Exterior Construction
  • Bitumen Roof

Interior Spaces

  • Blinds

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Bamboo
  • Wall to Wall Carpet
  • Ceramic Tile

Listing and Financial Details

  • Assessor Parcel Number 4176500300

Community Details

Overview

  • 63 Units
  • Capitol Hill Community
  • 11-Story Property

Pet Policy

  • Pets allowed on a case-by-case basis
  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,864

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 30 - Condo (1 Level)
  • Entrance Level: Main
  • Unit Floor Number: 6
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Bamboo/Cork, Ceramic Tile, Wall To Wall Carpet
  • Remodeled: Y
  • Remodeled Updated: Y
  • Appliance Hookups: Cooking-Electric, Ice Maker
  • Appliances That Stay: Dishwasher, Garbage Disposal, Microwave, Range/Oven, Refrigerator
  • Bedrooms: 1.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 1.00
  • Total Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Dining Room: Main
  • Kitchen: Main
  • Living Room: Main
  • Storage: S. Garage-Storage Rm 1
  • Estimated Sq Ft: 720
  • Window Coverings: Blinds

Exterior Features

  • Exterior: Brick, Cement/Concrete
  • Roof: Torch Down
  • View: Bay, City, Lake, Mountain, Sound

Garage/Parking

  • Numberof Assigned Spaces: 1
  • Parking Type: Common Garage
  • Parking Space Number: 45

Utilities

  • Heating And Cooling: Baseboard
  • Water Heater: Basement Boiler room-Central

Condo/Co-op/Association

  • Numberof Units in Building: 63
  • Numberof Units In Complex: 63
  • HOA Fees: 500
  • Community Name: Capitol Hill
  • Project: The Lamplighter Condominiums
  • Cats And Dogs: Subj To Restrictions
  • Manager Contact Information: Ramona Craft - CWD (206) 706-8000
  • Association Contact: Ted Bashor
  • Common Property Features: Cable Tv, Elevator, Game/Rec Rm, High Speed Int Avail, Laundry Room, Lobby Entrance, Outside Entry, Pool-Outdoor, Security Gate
  • Home Owner Dues Included: Cable Tv, Central Hot Water, Earthquake Ins., Garbage, Water/Sewer, Common Area Maintenance
  • Unit Features: Balcony/Deck/Patio, Insulated Windows

Schools

  • School District: SEA

Lot Info

  • Lot Details: Alley, Corner Lot, Curbs, Paved Street, Sidewalk
  • Parcel Number: 4176500300

Tax Info

  • Tax Amount: 5068

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2020
Closed on
Dec 1, 2020
Sold by
Storm Jamie G
Bought by
Green Noah
Seller's Agent
Steve Foss
Windermere Real Estate Midtown
Buyer's Agent
Jeffery Lee
WPI Real Estate Services, Inc.
List Price
$524,950
Sold Price
$519,975
Premium/Discount to List
-$4,975
-0.95%
Total Days on Market
6
Current Estimated Value
$562,401

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,426
Avg. Annual Appreciation
1.98%
Original Mortgage
$415,980
Outstanding Balance
$376,857
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$189,706

Purchase Details

Closed on
Sep 28, 2000
Sold by
Kirschner Bryan S
Bought by
Storm Jamie G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
7.98%

Purchase Details

Closed on
Jan 23, 1998
Sold by
Elander Zac R and Elander Sharene R
Bought by
Kirschner Bryan S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,450
Interest Rate
7.05%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 30, 1993
Sold by
Reed Leeann
Bought by
Elander Zac R and Elander Sharene R

Range of Values:

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Average Value
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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
Green Noah $519,975 First American Title
Storm Jamie G $185,000 First American
Kirschner Bryan S $140,000 Pacific Northwest Title Co
Elander Zac R $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Green Noah M $70,000
Open Green Noah $415,980
Previous Owner Storm Jamie G $145,000
Previous Owner Storm Jamie G $132,600
Previous Owner Storm Jamie G $110,000
Previous Owner Kirschner Bryan S $133,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2020 12/11/20 Sold $519,975 -0.9% $722 / Sq Ft
11/11/2020 11/11/20 Pending -- -- --
11/05/2020 11/05/20 For Sale $524,950 -- $729 / 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 $4,864 $518,000 $147,200 $370,800
2023 $4,328 $537,000 $147,200 $389,800
2022 $4,358 $522,000 $147,200 $374,800
2021 $4,270 $484,000 $147,200 $336,800
2020 $5,068 $450,000 $147,200 $302,800
2018 $4,500 $531,000 $127,000 $404,000
2017 $3,823 $464,000 $130,700 $333,300
2016 $3,650 $407,000 $46,000 $361,000
2015 $3,501 $379,000 $46,000 $333,000
2014 -- $372,000 $45,800 $326,200
2013 -- $281,000 $45,800 $235,200
Source: Public Records

Agents Affiliated with this Home

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1686311

Northwest Multiple Listing Service (NWMLS)

APN: 417650-0300