This Turnkey Condominium represents a Strong Value Opportunity, listed at a List Price of $358,000, which aligns perfectly with its $358,000 Fair Market Value. Boasting a Condition Rating of 3, the unit features recent upgrades including new hardwood flooring and custom cabinetry. Residents enjoy a prime urban lifestyle with an unblocked Space Needle view and exceptional walkability to the Seattle Waterfront. This property offers a stable, move-in ready environment, making it an ideal acquisition for first-time buyers or urban professionals seeking a high-quality city residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 17 W Mercer Street #207 Subject 1 bd · 1 ba · 819 sqft · $437 | $358,000* List Price | 1 | 1 | 819 | $437 | - |
A 530 4th Avenue W 503 Sold 1 bd · 1 ba · 876 sqft · $524 · 0.2 mi | $459,000 | 1 | 1 | 876 | $524 | 0.2 mi |
B 912 3rd Avenue W 101 Sold 2 bd · 2 ba · 800 sqft · $536 · 0.2 mi | $429,000 | 2 | 2 | 800 | $536 | 0.2 mi |
C 912 3rd Avenue W 501 Sold 2 bd · 2 ba · 853 sqft · $463 · 0.2 mi | $395,000 | 2 | 2 | 853 | $463 | 0.2 mi |
D 601 W Mercer Place 304 Sold 2 bd · 2 ba · 838 sqft · $525 · 0.4 mi | $440,000 | 2 | 2 | 838 | $525 | 0.4 mi |
E 521 5th Avenue W 602 Sold 1 bd · 1 ba · 907 sqft · $499 · 0.3 mi | $453,000 | 1 | 1 | 907 | $499 | 0.3 mi |
F 500 W 5th Avenue 306 Sold 1 bd · 1 ba · 657 sqft · $457 · 0.2 mi | $300,000 | 1 | 1 | 657 | $457 | 0.2 mi |
G 530 4th Avenue W 206 Active 1 bd · 1 ba · 745 sqft · $517 · 0.2 mi | $385,000 List Price | 1 | 1 | 745 | $517 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although the building was constructed in 2002 (24 years old), the unit is well-maintained and move-in ready due to recent updates including new interior paint throughout, new hardwood flooring in the primary bedroom, and updated kitchen appliances.
Situated in the heart of Uptown Queen Anne, the property offers exceptional walkability to Seattle Center, the Waterfront Park, and numerous dining and grocery options.
The complex features a secured parking garage and a large rooftop recreation area providing iconic, unobstructed views of the Seattle Space Needle.
The unit is move-in ready with new hardwood flooring in the primary bedroom, fresh interior paint throughout, and a kitchen enhanced by custom built-in cabinetry and updated appliances.
The monthly association fee of $838 is relatively high for a one-bedroom condo, which may impact the overall affordability and debt-to-income ratio for potential buyers.
With 253 days on the market, the property may carry a stigma of being 'stale,' potentially leading buyers to question its value despite recent price reductions and seller motivation.
Welcome to this wonderful one bed, one bath unit in the heart of the Uptown section of Queen Anne! With a large great room with double French doors and an indoor-balcony providing a fantastic city scenery view. The open floor plan allows this unit to live larger than the square footage. The spacious kitchen & dining area has updated appliances and custom built-in cabinets different from other units. New hardwood floor in the primary bedroom and new interior paint throughout the unit. All windows and doors include manual ventilations. This secured condo building complex includes a designated parking garage, a large top-roof recreation area with an unblocked view of the Seattle Space Needle. You are only a couple blocks from Seattle Center, Seattle Water Front Park, Olympic Sculpture Park, and numerous grocery stores. Huge price reduction! Seller is motivated!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 819 | 1,048.033 |
| Lot Size | - | 1,930.425 |
| Price | $358.0K | $548.3K |
| Price per sq ft | $437 | $551 |
| Built year | 2002 | 1997 |
| HOA | $838 | $317 |
| Days on market | 282 | 63 |
Jan 15, 2026
$358,000
Initial Listing