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  • Listed by: Windermere Mercer Island • Thomas Fine
    Bought with: RSVP Brokers ERA
    $585,000

    1408 12th Avenue #508, Seattle, WA 98122

    1beds
    807sqft
    Condominium
    Built in 1919
    -- sqft lot
    $582,600 Zestimate®
    $725/sqft
    $2,772 Estimated rent

    Home value

    $582,600

    $542,000 - $629,000

    $2,772/mo

    Zestimate® history
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    What's special

    Experience urban loft living at the iconic historic Trace Lofts. This stylish residence features reclaimed Douglas Fir floors with southern exposure. The clerestory windows fill this condo with natural light, making it feel larger due to the tall ceiling. When visiting this home, you’ll finally say, “Wow! This is a cool, well-designed home.” The open-concept living space includes a very comfortable modern kitchen with stainless steel appliances, under-cabinet lighting, and contemporary finishes—perfect for everyday living and entertaining. Step outside through the French doors to your private balcony or enjoy the building’s rooftop deck, which offers chaise lounge chairs, or nestle around the gas fire pit with friends in a very comfortable space. This 1-bedroom, 1-bathroom condo boasts 807 sq ft of thoughtfully designed space, blending historic character with modern comfort. As you enter the lobby, you'll see sewing machines that reflect the factory that occupied this building years ago. The building offers a secure package delivery area. One secured parking space is included, with an additional parking space available. The building is clean, with a well-maintained community reflecting a well-run HOA. Located in one of Seattle’s most walkable neighborhoods, with a Walk Score of 99, you’re just steps from restaurants, coffee shops, nightlife, groceries, and entertainment. A rare opportunity to own a piece of Seattle’s historic warehouse loft living.

    Zillow last checked:

    Listing updated:

    Listed by:

    Thomas Fine,

    Windermere Mercer Island

    Bought with:

    Tiffany C Fuentes, 79726

    RSVP Brokers ERA

    Source: NWMLS as distributed by MLS GRID,MLS#: 2542326MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Bedroom
    • Level: Main
    Bathroom full
    • Level: Main
    Den office
    • Level: Main
    Dining room
    • Level: Main
    Entry hall
    • Level: Main
    Kitchen without eating space
    • Level: Main
    Living room
    • Level: Main
    Heating
    • Ductless, Wall Furnace, Electric, Natural Gas
    Cooling
    • Ductless
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Washer(s), Water Heater: Electric, Water Heater Location: Front Closet
    Features
    • Flooring: Other, Softwood, Carpet
    • Doors: French Doors
    • Windows: Insulated Windows, Skylight(s), Coverings: Included
    • Has fireplace: No
    • Fireplace features: See Remarks
    Interior area
    • Total structure area: 807
    • Total interior livable area: 807 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Off Street
    • Covered spaces: 1
    • Uncovered spaces: 1
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Main
    • Patio & porch: French Doors, Insulated Windows, Penthouse, Skylight(s), Soaking Tub, Sprinkler System, Top Floor, Vaulted Ceiling(s), Water Heater
    • Has view: Yes
    • View description: City, Territorial
    Lot
    • Features: Corner Lot, Curbs, Paved, Sidewalk
    Details
    • Parcel number: 8664950430

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: See Remarks,Condo (1 Level)
    • Property subtype: Condominium
    Materials
    • Brick, Metal/Vinyl
    • Roof: Torch Down
    Condition
    • Year built: 1919
    • Major remodel year: 2007

    Utilities & green energy

    • Electric: Company: Seattle City Light
    • Sewer: Company: SPU
    • Water: Company: SPU
    • Utilities for property: Multiple
    Green energy
    • Energy efficient items: Insulated Windows

    Community & HOA

    Community
    • Subdivision: Capitol Hill
    HOA
    • Services included: Common Area Maintenance, Earthquake Insurance
    • HOA fee: $800 monthly
    • HOA phone: 206-623-7662
    Location
    • Region: Seattle

    Financial & listing details

    • Price per square foot: $725/sqft
    • Tax assessed value: $672,000
    • Annual tax amount: $5,730
    • Date on market: 6/22/2026
    • Cumulative days on market: 1 day
    • Inclusions: Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)

    Price history

    DateEventPrice
    6/17/2026Sold$585,000+7.1%$725/sqft
    Source: NWMLS as distributed by MLS GRID #2542326 Report a problem
    5/6/2026Listing removed$3,000$4/sqft
    Source: Zillow Rentals Report a problem
    5/1/2026Price change$3,000-3.2%$4/sqft
    Source: Zillow Rentals Report a problem
    4/28/2026Price change$3,100-8.8%$4/sqft
    Source: Zillow Rentals Report a problem
    4/13/2026Listed for rent$3,400+13.3%$4/sqft
    Source: Zillow Rentals Report a problem
    10/1/2024Listing removed$3,000$4/sqft
    Source: Zillow Rentals Report a problem
    9/9/2024Price change$3,000-11.8%$4/sqft
    Source: Zillow Rentals Report a problem
    9/4/2024Listed for rent$3,400+13.3%$4/sqft
    Source: Zillow Rentals Report a problem
    4/29/2023Listing removed--
    Source: Zillow Rentals Report a problem
    4/15/2023Listed for rent$3,000$4/sqft
    Source: Zillow Rentals Report a problem
    3/30/2022Listing removed--
    Source: Zillow Rental Manager Report a problem
    3/8/2022Listed for rent$3,000$4/sqft
    Source: Zillow Rental Manager Report a problem
    12/29/2015Sold$546,250-5%$677/sqft
    Source: NWMLS as distributed by MLS GRID #841888 Report a problem
    9/29/2015Price change$574,950-4.2%$712/sqft
    Source: Realogics Sotheby's International Realty #841888 Report a problem
    9/2/2015Listed for sale$599,950+37%$743/sqft
    Source: Realogics Sotheby's International Realty #841888 Report a problem
    6/28/2012Sold$438,000-19.6%$543/sqft
    Source: Public Record Report a problem
    11/8/2007Sold$545,000$675/sqft
    Source: NWMLS as distributed by MLS GRID #27070916 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,740 +17.6%$672,000 +9.3%
    2024$5,730 +2.4%$615,000 +0.8%
    2023$5,593 +22.5%$610,000 +10.1%
    2022$4,566 -8%$554,000 -0.2%
    2021$4,964 -5.6%$555,000 -0.5%
    2020$5,256 -12.8%$558,000 -13.8%
    2019$6,029 +11.2%$647,000 -0.2%
    2018$5,421 -3.7%$648,000 +11%
    2017$5,632 +27.3%$584,000 +11.9%
    2016$4,426 $522,000 +11.1%
    2015$4,426 $470,000 -0.6%
    2014$4,426 $473,000 +61.4%
    2012-- $293,000 -6.1%
    2011-- $312,000 -15.4%
    2010-- $369,000
    2009-- $369,000 +322.7%
    2007-- $87,292
    Find assessor info on the county website

    Neighborhood: Capitol Hill

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Lowell
    • Middle: Meany Mid
    • High: Garfield High

    Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $582,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $582,600