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Sold Closed October 20, 2022
$515,000
2 Bedrooms
1.5 Bathrooms
960 Sqft Condo
Unit 6
Floor 2
Built 1978
1 Parking Space
HOA Dues $375 / month
SALE HISTORY
List price was $515,000
It took 16 days to go pending.
Then 26 days to close at $515,000
Closed at $536/SQFT.
This beautiful top-floor, two-level condo next to Discovery Park features a large living room with high ceilings & solarium windows, a formal dining space, a large pantry with in-unit washer-dryer, a main bedroom with view balcony and walk-in closet, a secondary bedroom (or office), and a basement storage unit. The home is flooded with natural light. Note also the calm South-facing views into the trees from the living room, bedrooms and balcony. Magnolia Gate is a friendly, self-managed, 9-unit community with low HOA dues, carport parking, bike room, and proximity to parks (incl. the suspension bridge to the Ballard Locks), supermarkets (Met Market, Trader Joe’s, Albertsons), transit (buses 24 & 33) and dining/shopping at Magnolia Village.
Offer Review
No offer review date was specified
Project
Magnolia Gate Condominiums
Listing source NWMLS MLS #
1991314
Listed by
Ken Graff, Coldwell Banker Bain
Buyer's broker
Osama Khalaf, Redfin
Contact our
Magnolia
Real Estate Lead
John L. Scott
Phone...
Time Adjusted Estimated Value
County Wide
  • In
    King County WA
  • prices for
    Condos
  • have changed
    7%
  • since
    Oct 20, 2022
  • so a sale price of
    $515,000
  • would be approximately this amount today
    $551,050
City Wide
  • In
    Seattle WA
  • prices for
    Condos
  • have changed
    -5%
  • since
    Oct 20, 2022
  • so a sale price of
    $515,000
  • would be approximately this amount today
    $489,250
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
SECOND
BDRM
BDRM
FULL
BTH
MAIN
½
BTH
Property History
Oct 19, 2022
Sold
$515,000
NWMLS #1991314 Annualized 3.3% / yr
Sep 07, 2022
Listed
$515,000
NWMLS #1991314
Aug 31, 2006
Sold
$307,000
More
Listing Details
  • Sale Price
    $515,000
  • Closing Date
    October 20, 2022
  • Last List Price
    $515,000
  • Original Price
    Same
  • List Date
    September 8, 2022
  • Pending Date
    September 24, 2022
  • Days to go Pending
    16 days
  • $/sqft (Total)
    $536/sqft
  • $/sqft (Finished)
    $536/sqft
  • Listing Source
  • MLS Number
    1991314
  • Listing Broker
    Ken Graff
  • Listing Office
    Coldwell Banker Bain
  • Buyer's Broker
    Osama Khalaf
  • Buyer Broker's Firm
    Redfin
Monthly Payment Estimate
  • Principal and Interest
    $2,700 / month
  • HOA
    $375 / month
  • Property Taxes
    $277 / month
  • Homeowners Insurance
    $79 / month
  • TOTAL
    $3,431 / month

  • based on 20% down
    ($103,000)
  • and a
    6.85% Interest Rate
  • About:
    All calculations are estimates only and provided by Mainview LLC. Actual amounts will vary.
Condo Details
  • Unit #
    6
  • Unit Floor
    2
  • Sqft (Total)
    960 sqft
  • Sqft (Finished)
    Unspecified
  • Sqft (Unfinished)
    None
  • Property Type
    Condo
  • Sub Type
    Condo (2 Levels)
  • Bedrooms
    2 Bedrooms
  • Bathrooms
    1.5 Bathrooms
  • Lot
    8,057 sqft Lot
  • Lot Size Source
    Unspecified
  • Project
    Magnolia Gate Condominiums
  • Total Stories
    2 stories
  • Sqft Source
    Rainier Title
Property Tax Info
  • 2022 Property Taxes
    $3,324 / year
  • No Senior Exemption
Public Parcel Data & Maps
Schools
  • School District
    Seattle
  • Elementary
    Lawton
  • Middle
    Mc Clure Mid
  • High School
    Ballard High
HOA
  • HOA Dues
    $375 / month
  • Fees Assessed
    Monthly
  • HOA Dues Include
    Common Area Maintenance
    Garbage
    Lawn Service
    Sewer
    Water
  • Pets Allowed
    Yes
  • HOA Contact
    Unspecified
  • Management Contact
    Unspecified
Community Features
  • Community Features
    Cable TV
    High Speed Int Avail
    Outside Entry
    See Remarks
Building
  • Name
    Magnolia Gate Condominiums
  • Units in Complex
    9
  • Units in Building
    9
  • Stories in Building
    3
Parking
  • Types
    Carport
  • Has Garage
    No
  • Nbr of Assigned Spaces
    1
  • Parking Space Info
    3rd from left
Views
  • Territorial
Construction
  • Year Built
    1978
  • Home Builder
    Unspecified
HVAC
  • Includes
    Baseboard
    Radiant
    Wall
Cooling
Heating
Interior
  • Flooring
    Hardwood
    Slate
  • Features
    Hardwood
    Balcony/Deck/Patio
    Water Heater
Property
  • Lot Features
    Curbs
    Paved
    Sidewalk
Appliances
  • Included
    Dishwasher
    Dryer
    Disposal
    Microwave
    Refrigerator
    Stove/Range
    Washer
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 700
  • Number of Photos
    25
  • Last Modification Time
    Tuesday, January 24, 2023 3:19 PM
  • System Listing ID
    5153030
Update Info
Listing details based on information submitted to the MLS GRID as of Tuesday, January 24, 2023 3:19 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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Sold October 20, 2022
$515,000  
2 BR    1.5 BA    960 SQFT  
NWMLS #1991314. Ken Graff, 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.