1965 12th Avenue W #401, Seattle, WA 98119, Seattle, 98119 - 2 bed, 2 bath
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1965 12th Avenue W #401
Seattle, WA 98119
ACTIVE
CONDITION: GOOD
2Beds
2Baths
1,052Sq Ft
0Lot Size
Property Price
LIST PRICE$499,950
EST. MARKET VALUE
$499,582
SUMMARY
This Turnkey Condominium is a Strong Value Opportunity, listed at $499,950—positioned well below the $499,583 Fair Market Value (effectively at market). The unit maintains a Condition Rating of 3, featuring a Granite Kitchen, Marble Fireplace, and Wall-Mounted A/C. Residents enjoy a private lanai with Panoramic Water Views and a versatile Custom Murphy Bed. While the HOA fee is notable, the building's prime Queen Anne location and move-in ready status offer significant lifestyle appeal. This property is an ideal acquisition for Owner-Occupants or first-time buyers seeking a refined, low-maintenance urban sanctuary.
Estimated Market Value
$499,582
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 |
|---|---|---|---|---|---|---|
★ 1965 12th Avenue W #401 Subject 2 bd · 2 ba · 1,052 sqft · $475 | $499,950* List Price | 2 | 2 | 1,052 | $475 | - |
A 2040 13th Avenue W 13 Sold 2 bd · 2 ba · 1,260 sqft · $468 · 0.0 mi | $590,000 | 2 | 2 | 1,260 | $468 | 0.0 mi |
B 912 3rd Avenue W 501 Sold 2 bd · 2 ba · 853 sqft · $463 · 1.0 mi | $395,000 | 2 | 2 | 853 | $463 | 1.0 mi |
C 410 W Roy Street E101 Sold 2 bd · 2 ba · 1,112 sqft · $508 · 1.0 mi | $565,000 | 2 | 2 | 1,112 | $508 | 1.0 mi |
D 912 3rd Avenue W 101 Sold 2 bd · 2 ba · 800 sqft · $536 · 1.0 mi | $429,000 | 2 | 2 | 800 | $536 | 1.0 mi |
E 2811 14th Avenue W #100 Sold 1 bd · 1 ba · 932 sqft · $435 · 0.5 mi | $405,000 | 1 | 1 | 932 | $435 | 0.5 mi |
F 522 W Mercer Place 401 Sold 2 bd · 2 ba · 985 sqft · $518 · 1.0 mi | $510,000 | 2 | 2 | 985 | $518 | 1.0 mi |
G 601 W Mercer Place 304 Sold 2 bd · 2 ba · 838 sqft · $525 · 1.0 mi | $440,000 | 2 | 2 | 838 | $525 | 1.0 mi |
H 2040 13th Avenue W #11 Active 2 bd · 2 ba · 1,099 sqft · $478 · 0.0 mi | $525,000 List Price | 2 | 2 | 1,099 | $478 | 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 1976, the unit is well-maintained and move-in ready. The kitchen features slab granite counters and stainless appliances from a previous renovation (likely 5-15 years old), and the unit has received very recent cosmetic updates including fresh paint and carpet. The presence of functional wall A/C units and a clean, updated primary bath elevates the condition above Fair.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Views and Natural Light
As a top-floor corner unit, the property offers stunning southwest water and mountain views, enhanced by cathedral ceilings and large picture windows that maximize natural light.
- Modern Interior Upgrades
The unit features high-end finishes including slab granite countertops, a marble fireplace, and the rare convenience of wall-mounted A/C units in both the living area and primary suite.
- Prime Location and Functional Layout
Situated in the desirable Queen Anne neighborhood, the spacious 1,052 sq ft floor plan includes a private lanai, a custom Murphy bed for versatility, and secure covered parking.
CONSRISKS & DEFICIENCIES
- High Association Fees
The monthly HOA fee of $675 is relatively high for this price point, which may impact the overall affordability and debt-to-income ratio for potential buyers.
- Building Age
Constructed in 1976, the building's age may lead to concerns regarding long-term maintenance of common elements or the potential for future special assessments.
About 1965 12th Avenue W #401
Capture breathtaking sunsets and cruise ships from this bright and sunny top floor corner unit with stunning SW water views! This 2-bed, 1.75-bath condo features a spacious 1,052 sq ft layout with a private lanai perfect for entertaining. Fresh carpet and paint! Enjoy comfort with wall remote A/C in both the living room and primary bedroom. The living room has cathedral ceilings and a marble fireplace. The formal dining room flaunts picture windows, while the open kitchen impresses with slab granite counters and an eating bar. Retreat to the primary suite with an ensuite bath and large walk-in shower. 2nd bedroom complete with custom Murphy Bed! Secure your spot in this serene, well-managed building with covered parking and a storage locker. Just moments from Queen Anne's eateries, Interbay and Downtown!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1976
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $675 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,052 | 1,048.033 |
| Lot Size | - | 1,930.425 |
| Price | $499.9K | $548.3K |
| Price per sq ft | $475 | $551 |
| Built year | 1976 | 1997 |
| HOA | $675 | $317 |
| Days on market | 15 | 63 |
Pricing History
Listed for Sale
Oct 9, 2026
$499,950
Initial Listing