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$585,000
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Property Description
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.
Full Property Details
Full Property Details for 1408 12th Ave #508
General
- Price: $585,000
- HOA FEE: $800/month
- Taxes: $5,730 (2025)
- Status: Active
- Type: Condo
- Source: NWMLS
- MLS ID: 2506771
- Updated: 4/14/2026
- Added to Site: 16 day(s) ago
Interior
- Interior Features: French Doors, Insulated Windows, Penthouse, Skylight(s), Soaking Tub, Sprinkler System, Top Floor, Vaulted Ceiling(s), Water Heater
- Fireplace(s): See Remarks
- Appliances: Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
- Flooring: Other, Softwood, Carpet
- Floor/Window Décor: Included
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Main Floor Baths: 1
Bedrooms
- Total Bedrooms: 1
- Bedrooms Main: 1
Parking
- Covered Spaces: 1
- Uncovered Spaces: 1
- Parking Features: Off Street
Location
- Area: 390 - Central Seattle
- County: King
- Subdivision: Capitol Hill
- Building Name: Trace Lofts
- Driving Directions: From I-5, to James St. or Pike St., go East to 12th Avenue, GPS directions are correct
- Direction Faces: South
School Information
- High School District: Seattle
- Elementary School: Lowell
- Middle School: Meany Mid
- High School: Garfield High
Community
- Association: Yes
- Assoc. Fees Include: Common Area Maintenance, Earthquake Insurance, Trash
- Units Assoc/Comm: 142
- Pets Allowed: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ductless
- Heating Type: Ductless, Wall Furnace
- Water Heater: Electric
Structural Information
- Structure Type: Multi Family
- Exterior Const.: Brick, Metal/Vinyl
- Roof: Torch Down
- Entry Location: Main
- Stories in Building: 5
- Square Feet: 807
- Year Built: 1919
Unit Information
- Units in Building: 42
- Unit Features: Balcony/Deck/Patio, French Doors, Insulated Windows, Jetted/Soaking Tub, Penthouse, Rooftop Deck, Skylight
Lot Features
- Property View: City, Territorial
- Lot Size Source: Public Records
- Lot Features: Corner Lot, Curbs, Paved, Sidewalk
Green Features
- Building Certification: Other
- Energy Efficient: Insulated Windows
Financial Considerations
- Association Fee: $800
- Assoc Fee Freq.: Monthly
- Tax Amount: $5,730
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: None
- Inclusions: Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
- Property ID: 8664950430
Listed by Thomas Fine | Windermere Mercer Island | (206) 232-0446
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Schools
Schools serving 1408 12th Ave #508
School District:Seattle School District
| Name | Grades | Distance |
|---|---|---|
Lowell Elementary School, Seattle, WA 1058 East Mercer Street, Seattle, WA 98102 | PK-5 | 0.8 mi |
Edmonds S. Meany Middle School 301 21st Avenue East, Seattle, WA 98112 | 6-8 | 0.8 mi |
Garfield High School 400 23rd Avenue, Seattle, WA 98122 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1408 12th Ave #508
Date
Details
Price
Change
Source
3/30/2026
Listed
$585,000
7.09%
MLS
12/15/2015
Sold
$546,250
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1408 12th Ave #508
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,730
2%
$615,000
11%
2024
$5,593
22%
$554,000
—
2022
$4,566
-13%
$554,000
—
2021
$5,256
—
$555,000
-1%
2021
$5,256
-13%
$558,000
-14%
2020
$6,029
11%
$647,000
—
2019
$5,421
-4%
$648,000
11%
2018
$5,632
16%
$584,000
12%
2017
$4,872
8%
$522,000
11%
2016
$4,500
2%
$470,000
-1%
2015
$4,426
16%
$473,000
29%
2014
$3,808
—
$367,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1408 12th Ave #508
1408 12th Avenue #508, Seattle, WA 98122 (MLS# 2506771) is a Condo property with 1 bedroom and 1 full bathroom. 1408 12th Avenue #508 is currently listed for $585,000 and was received on March 30, 2026. Want to learn more about 1408 12th Avenue #508? Do you have questions about finding other Condo real estate for sale in Seattle? You can browse all Seattle real estate or contact a Coldwell Banker agent to request more information.

