1519 5th Ave W 5, Seattle, WA 98119, Seattle, 98119 - 1 bed, 1 bath
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1519 5th Ave W 5
Seattle, WA 98119
ACTIVE
CONDITION: GOOD
1Beds
1Baths
496Sq Ft
0Lot Size
Property Price
LIST PRICE$269,800
EST. MARKET VALUE
$250,305
7% AboveMARKET VALUE
SUMMARY
This Condominium represents a Strong Value Opportunity, listed at $269,800—positioned well above the $250,305 Fair Market Value. While the price reflects a premium, the property offers a Condition Rating of 3 with recent updates including new appliances and refinished cabinetry. Located in the prestigious Queen Anne neighborhood, this unit features a private deck and an efficient, move-in-ready layout. Despite the higher HOA fees, the location provides unmatched access to downtown Seattle. This is an ideal acquisition for first-time buyers or urban professionals seeking a low-maintenance lifestyle.
Estimated Market Value
$250,305
Based on Realkey algorithm analyzing recent comparable sales in Seattle.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1519 5th Ave W 5 Subject 1 bd · 1 ba · 496 sqft · $505 | $269,800* List Price | 1 | 1 | 496 | $505 | - |
A 1519 5th Ave W 5 Active 1 bd · 1 ba · 496 sqft · $603 · 0.0 mi | $299,000 List Price | 1 | 1 | 496 | $603 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1956, the property has undergone recent renovations including fresh paint, updated lighting, and brand new appliances. The kitchen cabinetry has been refinished and the interior shows as well-maintained and move-in ready, fitting the criteria for a property with a 5-15 year effective renovation age.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location
Situated in the highly sought-after Queen Anne neighborhood, the property offers excellent proximity to local cafes, parks, and downtown Seattle, ensuring strong long-term desirability.
- Exceptional Value
Priced under $270,000, this condo represents a rare entry-level opportunity for homeownership in one of Seattle's most prestigious and expensive residential areas.
- Modernized Interior
The unit features vaulted ceilings and recent updates, including new appliances and refinished cabinetry, providing a bright, spacious feel and move-in-ready convenience.
CONSRISKS & DEFICIENCIES
- High Association Fees
The monthly HOA fee of $868 is significantly high relative to the listing price, which may impact the overall monthly affordability and debt-to-income ratios for buyers.
- Compact Square Footage
With only 496 square feet of living space, the property's small footprint may be restrictive for buyers seeking additional storage or room for a home office.
About 1519 5th Ave W 5
Queen Anne living for UNDER $270k! Exceptional value in one of Seattle’s most beloved neighborhoods. Vaulted ceilings, beautiful natural light, and thoughtful updates make this condo feel bright, spacious, and welcoming. Fresh paint, updated lighting, refinished kitchen cabinetry, and brand new appliances give the home a polished, move-in-ready feel. The open layout lives larger than its footprint, while the unbeatable Queen Anne location puts you minutes from favorite cafes, restaurants, shops, and parks. Dedicated parking, easy access to downtown, and a price that makes Queen Anne living hard to pass up. Now offered at $269,800 for a limited time.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1956
- Lot Size
- -
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $868 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 496 | 1,048.033 |
| Lot Size | - | 1,930.425 |
| Price | $269.8K | $548.3K |
| Price per sq ft | $544 | $551 |
| Built year | 1956 | 1997 |
| HOA | $868 | $317 |
| Days on market | 44 | 63 |
Pricing History
Listed for Sale
Sep 10, 2026
$269,800
Initial Listing