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1000 1st Avenue

1000 1st Avenue, Seattle, WA 98104
3 Units For Sale
Unit for sale at 1000 1st Avenue, Seattle, WA 98104

$555,000

  • 1 Bed
  • 2 Baths
1000 1st Avenue #2303, Seattle, WA 98104 Listing by Tosha Alani

Unit for sale at 1000 1st Avenue, Seattle, WA 98104

$2,375,000

  • 2 Beds
  • 3 Baths
1000 1st Avenue #2301, Seattle, WA 98104 Listing by Erica R. Clibborn

Unit for sale at 1000 1st Avenue, Seattle, WA 98104

$3,750,000 In Contract

  • 2 Beds
  • 3 Baths
1000 1st Avenue #2400, Seattle, WA 98104 Listing by Tere Foster

1000 1st Avenue has been categorized by the local assessors in Seattle, WA as a residential type of property. The building on the property was first built in 2006 and is 18 years old. The building has a total of 10 stories. In addition, 1000 1st Avenue has 133,161 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 8,245 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a custom style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 22,225 sqft. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with steel control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of A by the local assessor. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1000 1st Avenue was last sold in May 27, 2021 for $52,250,000. According to our calculations, that's $392.38 per sqft. Prior to that sales transaction, the property was sold for $82,262,372 in Jan 28, 2016. Current property owners are expected to pay $428,102 in taxes per year. The property on 1000 1st Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $47,196,700. To break that down further, the land itself was valued at $8,478,100. While improvements to the property were assessed at a total of $38,718,600. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.

Building Features

Accessibility

Elevators

Exterior

Stone Exterior

Condition

Paved Lot

Location

Corner Lot

Parking

Off Street Parking
This property description is generated based on publicly available data.

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20240112 Unit 2003
01/12/2024
1 Bed
2 Bath
-
$535,000
bedrooms
1 Bed
bathrooms
2 Bath
$515,000 -3.74%
03/21/2024
-
Natalie Ward
RE/MAX of Spokane
20231101 Unit 2103
11/01/2023
1 Bed
2 Bath
-
$535,000
bedrooms
1 Bed
bathrooms
2 Bath
$545,000 +1.87%
01/16/2024
-
Patrick Buckley
COMPASS

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Steel
  • Building Style: Custom
  • Floor Count: 10
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 22,225
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,245
  • Total Building Area: 133,161
  • Building Area: 133,161
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 133,161
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HOTEL 1000 MASTER
  • Land Acres: 0.189
  • Standard Land Use Code: Condominium unit (residential)
  • County Land Use Code: Royalty interest
  • Legal Description 1: HOTEL 1000 MASTER CONDOMINIUM PCT UND INT 54.08

Ownership

  • Current Owner : 1000 FIRST AVENUE LLC
  • Previous Owner : LH SEATTLE HOTEL LLC
  • Owner Before Previous Owner: HOTEL 1000 OWNER LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Seattle School District
  • Census Tract: 008102

Zoning

  • Zoning: DMC 240/29

Geography

  • Account Number: 347000002001
  • District: SEATTLE
  • Parcel: 347000-0020
  • Meridian: SEC 31 TWN 25 RNG 4
  • Municipality: SEATTLE
  • Latitude: 47.6051
  • Longitude: -122.336

    Address

  • Full Address: 1000 1st Ave
  • Address - House Number: 1000
  • Address - Street Name: 1st
  • Address - Suffix Type: Ave
  • State: WA
  • City Name: Seattle
  • Carrier Code: C030
  • 4-Digit Zip Code: 1056
  • Zip Code: 98104

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $428,102
  • Tax Rate Code Area: 0011

    Market Valuation

  • Market Total Value: $47,196,700
  • Market Land Value: $8,478,100
  • Market Improvement Value: $38,718,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $47,196,700
  • Assessed Land Value: $8,478,100
  • Assessed Improvements Value: $38,718,600

    Sales

  • Current Sale Contract Date: May 27, 2021
  • Current Sale Recording Date: Jun 04, 2021
  • Current Sale Transaction ID: 11837728019
  • Current Sale Price: $52,250,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 20210604000234
  • Previous Sale Recording Date: Jan 29, 2016
  • Previous Sale Contract Date: Jan 28, 2016
  • Previous Sale Amount: $82,262,372
  • Previous Sale Document Type: Bargain and Sale Deed

    Previous Mortgages

  • Previous Mortgage Lender: DEUTSCHE BANK NATIONAL TRUST C
  • Previous Mortgage Transaction Date: Jan 29, 2016
  • Previous Mortgage Loan Amount: $53,000,000
  • Previous Mortgage Loan Type: Commercial

About Downtown Seattle



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Frequently Asked Questions

What neighborhood is 1000 1st Avenue located in?
The 1000 1st Avenue is a located in the neighborhood of Central Business District in Downtown Seattle, Seattle.
How many listings are currently for sale in 1000 1st Avenue?
There are three listings currently on the market for sale.
What is the average sales price for listings in 1000 1st Avenue?
The average sales price for units in 1000 1st Avenue is $2,375,000 currently.

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