500 W 5th Avenue 306, Seattle, WA 98119, Seattle, 98119 - 1 bed, 1 bath
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Seattle, WA 98119
This Modern Turnkey Condo represents a Strong Value Opportunity, listed at $325,000—positioned well below the $343,249 Fair Market Value by 5%. This valuation gap provides $18,249 in Instant Equity for the buyer. Boasting a Condition Rating of 2, the interior features luxury vinyl plank flooring, quartz countertops, and stainless steel appliances. Located in the heart of Lower Queen Anne, the unit offers rare oversized covered parking and dual storage options. This is an exceptional acquisition for urban professionals or first-time buyers seeking a move-in-ready asset with built-in appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 500 W 5th Avenue 306 Subject | $325,000* List Price | 1 | 1 | 657 | $522 | - |
A 521 5th Avenue W 103 Pending | $399,000 List Price | 1 | 1 | 716 | $557 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although the building was constructed in 1968, the unit itself has undergone an extensive recent renovation within the last 5 years. The interior features high-end modern finishes including luxury vinyl plank flooring, quartz countertops with a contemporary kitchen island, and new stainless steel appliances including a designer range hood. The lighting fixtures and closet systems are updated to current market standards, and the property shows no signs of deferred maintenance, presenting as a virtually new living space.
Situated in the heart of Lower Queen Anne, this property offers exceptional walkability to Seattle Center, Climate Pledge Arena, and major employment hubs in Downtown and South Lake Union.
The unit features high-quality contemporary updates, including luxury vinyl plank flooring, quartz countertops, and stainless steel appliances, ensuring a move-in-ready experience.
Rare for urban condo living, this unit includes an oversized covered parking space along with two storage options: a balcony closet and an additional storage unit on the same floor.
At $628 per month, the association fees are relatively high for a 657-square-foot unit, which may impact the overall affordability and debt-to-income ratio for some buyers.
Originally constructed in 1968, the building may lack the modern energy efficiency, soundproofing, and extensive amenity packages found in newer luxury developments.
Live in the heart of Lower Queen Anne, one of Seattle’s most vibrant neighborhoods. This modern updated condo features luxury vinyl plank floors in the main living areas, stainless steel appliances, quartz countertops, and an open layout with a spacious bedroom and excellent closet space. Enjoy an oversized covered parking space for your vehicle, with balcony storage and an extra storage unit on the same floor. Relax on the large private balcony or step out to restaurants, groceries, cafes, and nightlife. Easy commute to Seattle Center, Climate Pledge Arena, Downtown, South Lake Union, and the Waterfront in minutes. Urban living at its best.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1968 | - | 0% |
| HOA | $628 | $0 | 0% |
| Days on market | - | - | 0% |
Apr 2, 2026
$325,000
Initial Listing