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Sold Closed September 27, 2021
$510,000
Originally $525,000
2 Bedrooms
1 Bathroom
1,000 Sqft Condo
Unit 502
Floor 5
Built 1961
1 Parking Space
HOA Dues $611 / month
SALE HISTORY
List price was $525,000
The price was later changed to $519,000.
It took 71 days to go pending.
Then 51 days to close at $510,000
Closed at $510/SQFT.
Welcome to Melrose Terrace! This corner unit boasts unparalleled 180-degree views of Lake Union, the Space Needle, Olympic Mountains, and downtown. This coop is located just moments away from Volunteer Park, SLU, and all the exceptional restaurants Capitol Hill offers. Invite your friends over to enjoy the rooftop deck to have BBQs & watch fireworks; maybe take a dip in the pool too?! Don't forget, the HOA dues cover one parking spot, water/sewer, and garbage. An excellent on-site manager, light rail nearby, and over $75,000 in remodeling make for easy living on Capitol Hill.
Offer Review
No offer review date was specified
Project
Melrose Terrace
Listing source NWMLS MLS #
1779232
Listed by
Cyrus Fiene, Coldwell Banker Bain
Buyer's broker
JEFFREY Vo, Dove Realty, Inc.
Contact our
Capitol Hill
Real Estate Lead
John L. Scott
Phone...
Time Adjusted Estimated Value
County Wide
  • In
    King County WA
  • prices for
    Condos
  • have changed
    11%
  • since
    Sep 27, 2021
  • so a sale price of
    $510,000
  • would be approximately this amount today
    $566,100
City Wide
  • In
    Seattle WA
  • prices for
    Condos
  • have changed
    -6%
  • since
    Sep 27, 2021
  • so a sale price of
    $510,000
  • would be approximately this amount today
    $479,400
Assumptions: The original sale amount reflected a normal arms length sale. Any major updates would add to the value. Any damage or deferred maintenance would subtract from the value.
Bedroom & Bathroom Layout
MAIN
BDRM
BDRM
FULL
BTH
Property History
Sep 26, 2021
Sold
$510,000
NWMLS #1779232 Annualized 0.7% / yr
Sep 17, 2018
Sold
$500,000
More
Listing Details
  • Sale Price
    $510,000
  • Closing Date
    September 27, 2021
  • Last List Price
    $519,000
  • Original Price
    $525,000
  • List Date
    May 28, 2021
  • Pending Date
    August 7, 2021
  • Days to go Pending
    71 days
  • $/sqft (Total)
    $510/sqft
  • $/sqft (Finished)
    Same
  • Listing Source
  • MLS Number
    1779232
  • Listing Broker
    Cyrus Fiene
  • Listing Office
    Coldwell Banker Bain
  • Buyer's Broker
    JEFFREY Vo
  • Buyer Broker's Firm
    Dove Realty, Inc.
Monthly Payment Estimate
  • Principal and Interest
    $2,673 / month
  • HOA
    $611 / month
  • Property Taxes
    $373 / month
  • Homeowners Insurance
    $78 / month
  • TOTAL
    $3,735 / month

  • based on 20% down
    ($102,000)
  • and a
    6.85% Interest Rate
  • About:
    All calculations are estimates only and provided by Mainview LLC. Actual amounts will vary.
Condo Details
  • Unit #
    502
  • Unit Floor
    5
  • Sqft (Total)
    1,000 sqft
  • Sqft (Finished)
    Unspecified
  • Sqft (Unfinished)
    None
  • Property Type
    Condo
  • Sub Type
    Co-op
  • Bedrooms
    2 Bedrooms
  • Bathrooms
    1 Bathroom
  • Lot Size
    Unspecified
  • Lot Size Source
    HOA docs
  • Project
    Melrose Terrace
  • Total Stories
    Unspecified
  • Sqft Source
    Public Record
Property Tax Info
  • 2020 Property Taxes
    $4,475 / year
  • No Senior Exemption
Public Parcel Data & Maps
Schools
  • School District
    Seattle
  • Elementary
    Lowell
  • Middle
    Wash Mid
  • High School
    Garfield High
HOA
  • HOA Dues
    $611 / month
  • Fees Assessed
    Monthly
  • HOA Dues Include
    Central Hot Water
    Common Area Maintenance
    Garbage
    See Remarks
    Water/Sewer
  • HOA Contact
    Unspecified
  • Management Contact
    Unspecified
Community Features
  • Community Features
    Elevator
    Exercise Room
    Game/Rec Rm
    High Speed Int Avail
    Laundry Room
    Lobby Entrance
    Indoor Pool
Building
  • Name
    Melrose Terrace
  • Units in Complex
    109
  • Units in Building
    109
  • Stories in Building
    9
Parking
  • Has Garage
    No
  • Nbr of Assigned Spaces
    1
  • Parking Space Info
    Unspecified
Views
  • Bay
    City
    Lake
    Mountain(s)
    See Remarks
    Sound
Construction
  • Year Built
    1961
  • Home Builder
    Unspecified
HVAC
  • Includes
    Baseboard
Cooling
Heating
Interior
  • Flooring
    Ceramic Tile
    Laminate
Property
  • Lot Features
    Alley
    Curbs
    Dead End Street
    Paved
    Secluded
Appliances
  • Included
    Microwave
    Range/Oven
    Refrigerator
Terms
  • Bank Owned (REO)
    No
Utilities
Additional Info
  • Waterfront
    No
  • Air Conditioning (A/C)
    No
  • Buyer Broker's Compensation
    Unspecified
  • MLS Area #
    Area 390
  • Number of Photos
    22
  • Last Modification Time
    Tuesday, September 28, 2021 7:41 AM
  • System Listing ID
    2178164
Update Info
Listing details based on information submitted to the MLS GRID as of Tuesday, September 28, 2021 7:41 AM. 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.
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Sharing

 
Sold September 27, 2021
$510,000   $519,000
2 BR    1 BA    1,000 SQFT  
NWMLS #1779232. Cyrus Fiene, Coldwell Banker Bain
Map
 
Listing information is provided by the listing agent except as follows: BuilderB indicates that our system has grouped this listing under a home builder name that doesn't match the name provided by the listing broker. DevelopmentD indicates that our system has grouped this listing under a development name that doesn't match the name provided by the listing broker.