tomo logo

$569,000

Beds
1
Baths
1.0
sq ft
721

2801 1st Ave Unit 1014, Seattle, WA 98121

2801 1st Ave Unit 1014

Seattle, WA 98121

  • 10 days on market
This light-filled corner unit at the prestigious Ellington offers a blend of comfort and sophistication. Spacious kitchen features bar-top seating and gas cooking, perfect for both everyday meals and entertaining. The generous living room boasts an efficient floor plan and cozy gas fireplace. South-facing deck w/ lovely city vistas. 9-foot ceilings and newer carpet. Ellington’s top-notch amenities include two guest suites, a gym, spa, club room, conference room, and 24-hour concierge service. Located in the best part of Belltown, you’re just steps away from Sculpture Park, Pike Place Market, Seattle Center, and the downtown core. Secure parking w/ easy access and a storage locker. Plus, A well-run HOA, reasonable dues, and no rental cap.

Details

Property type

Condominium

Est. home value

$527,480

Lot size

Unknown

Price per sq ft

$790

Year built

2001

Annual property taxes

$4,837

Monthly HOA fee

$604

Price History

09/06/2024
NorthwestMLS

NorthwestMLS #2285773

Listed
$569,000
+13.8%
10/04/2021
NorthwestMLS

NorthwestMLS #1782538

Sold
$500,000
+10.62%
02/12/2016
NorthwestMLS

NorthwestMLS #886684

Sold
$452,000
+27.32%

Schools & Community

Neighborhood: 

Belltown

Elementary school: 

Buyer To Verify

Middle school: 

Buyer To Verify

High school: 

Buyer To Verify

Community features: 

Clubhouse, Gated

School district: 

Seattle

Number of units in community: 

203

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$212,256
Asking price
$569,000
Closing costs (~8% of asking)
-$45,520
Est. remaining loan balance
-$311,224
Cash to seller
$212,256

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Purdue Federal Cu

Loan start date

October 2021

Original loan amount

$375,000

Est. remaining balance

$311,224

Interest rate

2.15%

Loan type

New Conventional, 15 year

Seller

Gita Ramaswamy and Sonny Ramaswamy

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 09/16/2024 at 1:05 PM

Listing updated: 09/11/2024 at 8:38 AM

Listed by: Nik Sirichoonchan, Windermere Real Estate/East Phone #: (425) 822-5100

MLS: NorthwestMLS #2285773

NorthwestMLS logo

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