3043 59th Avenue SW #B, Seattle, WA 98116, Seattle, 98116 - 3 bed, 3 bath
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3043 59th Avenue SW #B
Seattle, WA 98116
ACTIVE
CONDITION: GOOD
3Beds
3Baths
1,490Sq Ft
1,283Lot Size
Property Price
LIST PRICE$799,900
EST. MARKET VALUE
$806,000
SUMMARY
This Turnkey Townhome is a Strong Value Opportunity, listed at $799,900—positioned well below the $806,001 Fair Market Value by 0.75%. This valuation gap offers $6,101 in Instant Equity. With a Condition Rating of 3, the home features Brazilian cherry hardwood floors, a Granite Kitchen, and a Private Patio. Located near Alki Elementary (Rating 8), this property offers a premium lifestyle for Owner-Occupants and first-time buyers seeking a move-in ready residence with seller financing.
Estimated Market Value
$806,000
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 |
|---|---|---|---|---|---|---|
★ 3043 59th Avenue SW #B Subject 3 bd · 3 ba · 1,490 sqft · $541 | $799,900* List Price | 3 | 3 | 1,490 | $541 | - |
A 3028 61st Avenue SW Sold 3 bd · 3 ba · 1,360 sqft · $585 · 0.1 mi | $795,000 | 3 | 3 | 1,360 | $585 | 0.1 mi |
B 2626 58th Avenue SW A Sold 2 bd · 2 ba · 1,407 sqft · $586 · 0.3 mi | $825,000 | 2 | 2 | 1,407 | $586 | 0.3 mi |
C 2626 58th Avenue SW B Sold 2 bd · 2 ba · 1,407 sqft · $586 · 0.3 mi | $825,000 | 2 | 2 | 1,407 | $586 | 0.3 mi |
D 4709 SW Hinds Street Sold 4 bd · 3 ba · 1,365 sqft · $623 · 0.8 mi | $849,999 | 4 | 3 | 1,365 | $623 | 0.8 mi |
E 2714 58th Avenue SW Sold 3 bd · 3 ba · 1,322 sqft · $672 · 0.7 mi | $889,000 | 3 | 3 | 1,322 | $672 | 0.7 mi |
F 2451 55th Avenue SW A Active 3 bd · 3 ba · 1,360 sqft · $570 · 0.4 mi | $775,000 List Price | 3 | 3 | 1,360 | $570 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 2005 (19 years old), the property is well-maintained and move-in ready. While the kitchen and baths feature original finishes like granite and tile, recent updates to the roof, carpet, and water heater, along with the addition of EV charging, support a high level of functionality.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Alki Location
Situated just two blocks from Alki Beach and adjacent to the newly built Alki Elementary, this home offers exceptional walkability to waterfront recreation, dining, and transit.
- Attractive Financing & No HOA
The availability of seller financing at a 5.5% rate provides a significant competitive advantage in the current market, while the absence of HOA fees lowers the overall cost of ownership.
- Modern Upgrades & Maintenance
Featuring a new roof, water heater, and carpet, along with an EV-ready garage, the property is move-in ready with reduced immediate capital expenditure for the buyer.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1283, other record lot size in square feet = 1595.
- Low Available Lot Utilization
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 1283, living area = 1490.
- Vertical Townhome Layout
The three-story configuration with a ground-floor bedroom separated from the primary suite may not appeal to buyers seeking a more traditional or accessible floor plan.
About 3043 59th Avenue SW #B
SELLER FINANCING AVAILABLE! Enjoy the best of West Seattle living in this well-maintained townhome, ideally located just two blocks from Alki Beach. The open-concept main level features Brazilian cherry hardwood floors, granite countertops, stainless steel appliances, a gas fireplace, and convenient ¾ bath. Upstairs offers a guest bedroom with a full bathroom attached, laundry area, and a spacious primary bedroom with vaulted ceilings, generous closet space, and a five-piece ensuite bathroom. The ground level includes the third bedroom with patio access and a one-car garage with EV charging. Recent updates include a new roof, carpet, and water heater. Adjacent to the newly built Alki Elementary School and close to parks, restaurants, Alki Beach, ferry transit and more. NO HOA. Contact the listing agent for seller financing details. 5.5% Rate for qualified buyers.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2005
- Lot Size
- 1,283 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Seattle Unified Schools
Alki Elementary School
Grades PK-5 • 0.1 mi
8/10
Lafayette Elementary School
Grades PK-5 • 1.0 mi
8/10
Madison Middle School
Grades 6-8 • 0.9 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,490 | 1,801.924 |
| Lot Size | 1,283 | 4,494.536 |
| Price | $799.9K | $974.4K |
| Price per sq ft | $537 | $569 |
| Built year | 2005 | 1948 |
| HOA | $0 | $78 |
| Days on market | 5 | 35 |
Pricing History
Listed for Sale
Oct 19, 2026
$799,900
Initial Listing