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Sold Closed June 30, 2022
$550,000
1 Bedroom
1 Bathroom
787 Sqft Condo
Unit 506
Floor 5
Built 2007
1 Parking Space
HOA Dues $579 / month
SALE HISTORY
List price was $550,000
It took 7 days to go pending.
Then 16 days to close at $550,000
Closed at $699/SQFT.
Here is your chance to own a home in one of Seattle's most unique and sought-after buildings, The Trace Lofts. This vintage building was completely re-imagined in 2007 and has been incredibly well maintained over the years. You will be immediately charmed by this home's super tall ceilings, a huge, newly carpeted, full bedroom, and freshly painted interior. This home stays climate-controlled thanks to a ductless heat pump. Bring on the A/C! Enjoy the summer on your private patio with views of Capitol Hill, Downtown, and Mt. Rainier. Secure parking space and an additional storage locker are included in the secure garage. Live next to everything Capitol Hill and close to everything else Seattle via link light rail.
Offer Review Date
This listing's offer review date was Tuesday, June 14, 2022.
Project
Trace Lofts Condos
Listing source NWMLS MLS #
1947527
Listed by
Roy Powell Jr, Coldwell Banker Bain
Kim V. Colaprete, Coldwell Banker Bain
Buyer's broker
Javila Creer, Windermere Real Estate Midtown
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
    -5%
  • since
    Jun 30, 2022
  • so a sale price of
    $550,000
  • would be approximately this amount today
    $522,500
City Wide
  • In
    Seattle WA
  • prices for
    Condos
  • have changed
    -6%
  • since
    Jun 30, 2022
  • so a sale price of
    $550,000
  • would be approximately this amount today
    $517,000
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
FULL
BTH
Property History
Jun 29, 2022
Sold
$550,000
NWMLS #1947527 Annualized 1.9% / yr
Jun 06, 2022
Listed
$550,000
NWMLS #1947527
Dec 10, 2015
Sold
$485,000
NWMLS #869483 Annualized 5.5% / yr
Nov 12, 2015
Listed
$499,000
NWMLS #869483
Nov 30, 2010
Sold
$370,000
More
Listing Details
  • Sale Price
    $550,000
  • Closing Date
    June 30, 2022
  • Last List Price
    $550,000
  • Original Price
    Same
  • List Date
    June 7, 2022
  • Pending Date
    June 14, 2022
  • Days to go Pending
    7 days
  • $/sqft (Total)
    $699/sqft
  • $/sqft (Finished)
    $699/sqft
  • Listing Source
  • MLS Number
    1947527
  • Listing Broker
    Roy Powell Jr
  • Listing Office
    Coldwell Banker Bain
  • Buyer's Broker
    Javila Creer
  • Buyer Broker's Firm
    Windermere Real Estate Midtown
Monthly Payment Estimate
  • Principal and Interest
    $2,883 / month
  • HOA
    $579 / month
  • Property Taxes
    $416 / month
  • Homeowners Insurance
    $81 / month
  • TOTAL
    $3,959 / month

  • based on 20% down
    ($110,000)
  • and a
    6.85% Interest Rate
  • About:
    All calculations are estimates only and provided by Mainview LLC. Actual amounts will vary.
Condo Details
  • Unit #
    506
  • Unit Floor
    5
  • Sqft (Total)
    787 sqft
  • Sqft (Finished)
    Unspecified
  • Sqft (Unfinished)
    None
  • Property Type
    Condo
  • Sub Type
    Condo (1 Level)
  • Bedrooms
    1 Bedroom
  • Bathrooms
    1 Bathroom
  • Lot Size
    Unspecified
  • Lot Size Source
    Unspecified
  • Project
    Trace Lofts Condos
  • Total Stories
    1 story
  • Sqft Source
    title
Property Tax Info
  • 2022 Property Taxes
    $4,991 / year
  • No Senior Exemption
Public Parcel Data & Maps
Schools
  • School District
    Seattle
  • Elementary
    Lowell
  • Middle
    Meany Mid
  • High School
    Garfield High
HOA
  • HOA Dues
    $579 / month
  • Fees Assessed
    Monthly
  • HOA Dues Include
    Common Area Maintenance
    Earthquake Insurance
    Garbage
    Gas
  • Pets Allowed
    Cats OK
    Dogs OK
    Subj to Restrictions
  • HOA Contact
    Unspecified
  • Management Contact
    Unspecified
Community Features
  • Community Features
    Cable TV
    Elevator
    Fire Sprinklers
    High Speed Int Avail
    Lobby Entrance
    Rooftop Deck
Building
  • Name
    Trace Lofts Condos
  • Units in Complex
    Unspecified
  • Units in Building
    42
  • Stories in Building
    5
Parking
  • Types
    Common Garage
  • Has Garage
    Yes
  • Nbr of Assigned Spaces
    1
  • Parking Space Info
    226
Views
  • City
    Mountain(s)
    Territorial
Construction
  • Year Built
    2007
  • Home Builder
    Unspecified
HVAC
  • Includes
    Ductless HP-Mini Split
    Wall
Cooling
Heating
Interior
  • Flooring
    Hardwood
    Laminate
    Carpet
  • Features
    Ductless HP-Mini Split
    Hardwood
    Wall to Wall Carpet
    Laminate
    Balcony/Deck/Patio
    Cooking-Gas
    Dryer-Gas
    Water Heater
Property
  • Lot Features
    Curbs
    Paved
    Sidewalk
Appliances
  • Included
    Dishwasher
    Dryer
    Disposal
    Refrigerator
    Stove/Range
    Washer
Terms
  • Bank Owned (REO)
    No
Utilities
  • Energy
    Electric
Additional Info
  • Waterfront
    No
  • Air Conditioning (A/C)
    Yes
  • Buyer Broker's Compensation
    Unspecified
  • MLS Area #
    Area 390
  • Number of Photos
    40
  • Last Modification Time
    Friday, July 1, 2022 9:46 AM
  • System Listing ID
    5098540
Update Info
Listing details based on information submitted to the MLS GRID as of Friday, July 1, 2022 9:46 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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Sold June 30, 2022
$550,000  
1 BR    1 BA    787 SQFT  
NWMLS #1947527. Roy Powell Jr, 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.