301 W Raye Street #106, Seattle, WA 98119, Seattle, 98119 - 2 bed, 2 bath
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301 W Raye Street #106
Seattle, WA 98119
ACTIVE
CONDITION: GOOD
2Beds
2Baths
770Sq Ft
0Lot Size
Property Price
LIST PRICE$319,950
EST. MARKET VALUE
$337,877
5% BelowMARKET VALUE
SUMMARY
This Turnkey Condominium represents a Strong Value Opportunity, listed at $324,950—positioned well below the $339,603 Fair Market Value by 4%. This valuation gap provides $14,653 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the unit includes a Granite Kitchen, designer LVP flooring, and a Private Deck. Its rare inclusion of two off-street parking spaces in North Queen Anne makes this an exceptional find for first-time buyers or Owner-Occupants seeking a move-in ready urban lifestyle.
Estimated Market Value
$337,877+$17,927 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 301 W Raye Street #106 Subject 2 bd · 2 ba · 770 sqft · $439 | $319,950* List Price | 2 | 2 | 770 | $439 | - |
A 3626 14th Avenue W 203 Sold 2 bd · 1 ba · 717 sqft · $516 · 0.9 mi | $370,000 | 2 | 1 | 717 | $516 | 0.9 mi |
B 3609 14th Avenue W 207 Sold 1 bd · 1 ba · 725 sqft · $440 · 0.9 mi | $319,000 | 1 | 1 | 725 | $440 | 0.9 mi |
C 2219 14th Avenue W 304 Sold 1 bd · 1 ba · 735 sqft · $427 · 0.7 mi | $314,000 | 1 | 1 | 735 | $427 | 0.7 mi |
D 3009 3rd Avenue W #6 Sold 1 bd · 1 ba · 608 sqft · $465 · 0.3 mi | $283,000 | 1 | 1 | 608 | $465 | 0.3 mi |
E 2552 14th Avenue W 403 Sold 1 bd · 1 ba · 760 sqft · $428 · 0.6 mi | $325,000 | 1 | 1 | 760 | $428 | 0.6 mi |
F 3420 15th Avenue W 105 Sold 1 bd · 1 ba · 613 sqft · $440 · 0.9 mi | $270,000 | 1 | 1 | 613 | $440 | 0.9 mi |
G 2244 13th Avenue W 313 Active 2 bd · 1 ba · 800 sqft · $438 · 0.6 mi | $350,000 List Price | 2 | 1 | 800 | $438 | 0.6 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 1987, the property has been well-maintained and recently updated with new LVP flooring, fresh interior paint, and stainless steel appliances. The inclusion of updated vinyl windows and smart thermostats indicates the systems are functional and modern, making the unit move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- Rare Parking Assets
The inclusion of two owned off-street parking spaces is a significant competitive advantage in the Seattle market, where parking is typically scarce and highly valued.
- Modern Interior Upgrades
The unit features high-end finishes including designer LVP flooring, granite tile countertops, and energy-efficient Mysa smart thermostats, offering a move-in-ready experience.
- Strategic Urban Location
Situated in North Queen Anne near Seattle Pacific University and Fremont, the property offers excellent proximity to major employment hubs, transit, and vibrant local amenities.
CONSRISKS & DEFICIENCIES
- High Monthly Dues
The $740 monthly association fee is relatively high for a 770-square-foot unit, which may impact overall affordability and financing qualifications for some buyers.
- Compact Living Footprint
With only 770 square feet to accommodate two bedrooms, the interior layout may feel restrictive for buyers seeking more spacious living or dining areas.
About 301 W Raye Street #106
WHY RENT WHEN YOU CAN OWN? Great first-time buyer opportunity! Special financing offers a 5.50% introductory interest rate in year one through a 2-1 buydown, plus up to $4,500 in grant assistance for eligible buyers putting 3% down. With qualifying assistance, your upfront costs could be less than first, last & security deposit! Discover the possibilities at 301 W Raye St #106. Financing, grant eligibility and terms apply. Ask for details! Did we mention brand new remodel and 2 private parking spaces that you own? Great Opportunity! Contact us for details.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1987
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $740 / 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 | 770 | 1,048.033 |
| Lot Size | - | 1,930.425 |
| Price | $319.9K | $548.3K |
| Price per sq ft | $416 | $551 |
| Built year | 1987 | 1997 |
| HOA | $740 | $317 |
| Days on market | 73 | 63 |
Pricing History
Listed for Sale
Oct 8, 2026
$319,950
$324,950
-2% Price Drop
Initial Listing
Price Change
Aug 12, 2026
$324,950
Initial Listing