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: EXCELLENT
2Beds
2Baths
770Sq Ft
0Lot Size
Property Price
LIST PRICE$324,950
EST. MARKET VALUE
$373,512
13% BelowMARKET VALUE
SUMMARY
This Turnkey Condominium is a Strong Value Opportunity, listed at $324,950—positioned well below the $373,513 Fair Market Value by 13%. This valuation gap offers $48,563 in Instant Equity for the buyer. Featuring a Mint Condition Rating, the unit includes a Granite Kitchen, Designer LVP Flooring, and a Private Deck. With two owned off-street parking spaces, this home provides rare urban convenience. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in ready North Queen Anne residence.
Estimated Market Value
$373,512+$48,562 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 | $324,950* List Price | 2 | 2 | 770 | $485 | - |
A 3626 14th Avenue W 203 Sold | $370,000 | 2 | 1 | 717 | $516 | 0.9 mi |
B 2552 14th Avenue W 403 Sold | $325,000 | 1 | 1 | 760 | $428 | 0.6 mi |
C 2244 13th Avenue W 313 Active | $399,000 List Price | 2 | 1 | 800 | $499 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
While built in 1987, the property has undergone a comprehensive recent renovation including designer LVP flooring, fresh interior paint, and new stainless steel appliances. Systems are well-maintained with updated vinyl windows and energy-efficient smart thermostats, meeting the criteria for a mint-condition, move-in ready home.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Parking Value
The inclusion of two owned off-street parking spaces is a rare and highly valuable asset in the Seattle market, significantly enhancing the property's convenience and long-term resale potential.
- Modern Turn-Key Upgrades
The unit features high-end finishes including designer LVP flooring, granite tile countertops, and energy-efficient Mysa Smart Wi-Fi thermostats, providing a contemporary, move-in-ready aesthetic.
- Strategic Urban Location
Situated in serene North Queen Anne near Seattle Pacific University and the Fremont district, the property offers excellent walkability and proximity to major employment and entertainment hubs.
CONSRISKS & DEFICIENCIES
- High Monthly Association Fees
The $740 monthly HOA fee is relatively high for a 770-square-foot condominium, which may impact buyer affordability and overall debt-to-income ratios.
- Compact Living Dimensions
With only 770 square feet allocated to a two-bedroom layout, the living spaces may feel restrictive for buyers seeking more generous room sizes or open-concept layouts.
About 301 W Raye Street 106
Discover this impeccably updated 2-bedroom, 1.5-bathroom condominium nestled in the serene North Queen Anne neighborhood. Spanning 770 square feet of thoughtfully designed living space, this home features high-end upgrades including designer LVP flooring, fresh interior paint, and energy-efficient Mysa Smart Wi-Fi thermostats. The kitchen is a chef's delight with granite tile countertops, stainless steel appliances, and a new refrigerator. Unique to this urban oasis are two owned off-street parking spaces (#21 and #8), a rare find in Seattle. Enjoy the privacy of a Jack & Jill bathroom layout, a cozy granite tile fireplace, and a private deck for outdoor relaxation. Additional amenities include in-unit laundry, attic storage, and updated vinyl windows, all situated just moments from Seattle Pacific University and the vibrant shops of Fremont.
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 | 1,034.227 |
| Lot Size | - | 2,208.034 |
| Price | $324.9K | $552.8K |
| Price per sq ft | $422 | $559 |
| Built year | 1987 | 1997 |
| HOA | $740 | $311 |
| Days on market | 28 | 63 |
Pricing History
Listed for Sale
Aug 12, 2026
$324,950
Initial Listing