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Sold Closed August 12, 2022
$44,000
Studio
150 Sqft Condo
Unit 23
Built 1956
No assigned parking spaces
HOA Dues $6 / month
SALE HISTORY
List price was $50,000
It took 68 days to go pending.
Then 10 days to close at $44,000
Closed at $293/SQFT.
Need additional space? Take advantage of this rare opportunity to own a 150 SqFt bunker-style storage unit at MODE condominiums in Capitol Hill. Originally built by the developer for their own use, this condo storage unit is the only one in the building. Extremely low HOA dues ($77/year) which include electricity (for the lights and the outlet)! Very low property taxes ($118/year) too. Great for storing wine, sports/seasonal gear, business equipment, prized possessions, etc. Easy entry off the building's lobby, behind a secure gate and discreet, locked door. The interior was just painted! Why rent a storage unit when you can own one with next to no carrying costs?
Offer Review
No offer review date was specified
Project
MODE Condos
Listing source NWMLS MLS #
1941721
Listed by
Danny Varona, Realogics Sotheby's Int'l Rlty
Buyer's broker
Fery Nikzat, COMPASS
We don't currently have a buyer representative in this area. To be sure that you're getting objective advice, we always suggest buyers work with their own agent, someone who is not affiliated with the seller.
Time Adjusted Estimated Value
County Wide
  • In
    King County WA
  • prices for
    Condos
  • have changed
    5%
  • since
    Aug 12, 2022
  • so a sale price of
    $44,000
  • would be approximately this amount today
    $46,200
City Wide
  • In
    Seattle WA
  • prices for
    Condos
  • have changed
    -7%
  • since
    Aug 12, 2022
  • so a sale price of
    $44,000
  • would be approximately this amount today
    $40,920
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.
Property History
Aug 11, 2022
Sold
$44,000
NWMLS #1941721
May 25, 2022
Listed
$50,000
NWMLS #1941721
More
Listing Details
  • Sale Price
    $44,000
  • Closing Date
    August 12, 2022
  • Last List Price
    $50,000
  • Original Price
    Same
  • List Date
    May 26, 2022
  • Pending Date
    August 2, 2022
  • Days to go Pending
    68 days
  • $/sqft (Total)
    $293/sqft
  • $/sqft (Finished)
    $293/sqft
  • Listing Source
  • MLS Number
    1941721
  • Listing Broker
    Danny Varona
  • Listing Office
    Realogics Sotheby's Int'l Rlty
  • Buyer's Broker
    Fery Nikzat
  • Buyer Broker's Firm
    COMPASS
Monthly Payment Estimate
  • Principal and Interest
    $231 / month
  • HOA
    $6 / month
  • Property Taxes
    $10 / month
  • Homeowners Insurance
    $52 / month
  • TOTAL
    $299 / month

  • based on 20% down
    ($8,800)
  • and a
    6.85% Interest Rate
  • About:
    All calculations are estimates only and provided by Mainview LLC. Actual amounts will vary.
Condo Details
  • Unit #
    23
  • Unit Floor
    Unspecified
  • Sqft (Total)
    150 sqft
  • Sqft (Finished)
    Unspecified
  • Sqft (Unfinished)
    None
  • Property Type
    Condo
  • Sub Type
    Unspecified
  • Bedrooms
    0 Bedrooms
  • Bathrooms
    0 Bathrooms
  • Lot Size
    Unspecified
  • Lot Size Source
    Unspecified
  • Project
    MODE Condos
  • Total Stories
    Unspecified
  • Sqft Source
    King County Records
Property Tax Info
  • 2022 Property Taxes
    $118 / year
  • No Senior Exemption
Public Parcel Data & Maps
Schools
  • School District
    Seattle
  • Elementary
    Unspecified
  • Middle
    Unspecified
  • High School
    Unspecified
HOA
  • HOA Dues
    $6 / month
  • Fees Assessed
    Annually
  • HOA Dues Include
    Common Area Maintenance
    Garbage
    Security
    See Remarks
  • Pets Allowed
    Subj to Restrictions
  • HOA Contact
    Unspecified
  • Management Contact
    Unspecified
Community Features
  • Community Features
    Outside Entry
    Gated
Building
  • Name
    MODE Condos
  • Units in Complex
    Unspecified
  • Units in Building
    Unspecified
  • Stories in Building
    Unspecified
Parking
  • Types
    Off Street
  • Has Garage
    No
  • Nbr of Assigned Spaces
    0
  • Parking Space Info
    Unspecified
Construction
  • Year Built
    1956
  • Home Builder
    Unspecified
HVAC
  • Includes
    None
Cooling
Heating
Interior
  • Flooring
    Concrete
  • Features
    Concrete
Property
  • Lot Features
    Paved
    Sidewalk
Appliances
Terms
  • Bank Owned (REO)
    No
Utilities
  • Energy
    Electric
Additional Info
  • Waterfront
    No
  • Air Conditioning (A/C)
    No
  • Buyer Broker's Compensation
    Unspecified
  • MLS Area #
    Area 390
  • Number of Photos
    9
  • Last Modification Time
    Friday, August 12, 2022 4:58 PM
  • System Listing ID
    5091697
Update Info
Listing details based on information submitted to the MLS GRID as of Friday, August 12, 2022 4:58 PM. 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 August 12, 2022
$44,000   $50,000
150 SQFT  
NWMLS #1941721. Danny Varona, Realogics Sotheby's Int'l Rlty
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.