500 W Roy Street W103, Seattle, WA 98119, Seattle, 98119 - 2 bed, 2 bath
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Seattle, WA 98119
This Queen Anne Condominium is a Strategic Value Purchase, listed at $525,000—positioned well below the $533,002 Fair Market Value by 1%. This valuation gap offers $8,002 in Instant Equity. Maintaining a Condition Rating of 4, the home features updated bathrooms and a private deck with peek-a-boo Puget Sound views. The dated kitchen presents a clear value-add path in a premier location near the Space Needle and top-rated schools like McClure Middle. With no rental cap, it is perfect for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 500 W Roy Street W103 Subject | $525,000* List Price | 2 | 2 | 1,071 | $498 | - |
A 500 Olympic Place 304 Active | $505,000 List Price | 2 | 2 | 1,000 | $505 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1982, the property is well-maintained but shows significant signs of its original era. While the bathrooms are described as updated and the living areas feature newer wood-look flooring and modern staging, the kitchen remains dated with 1980s-style flat-panel cabinetry, laminate countertops, and older white appliances. The large fluorescent ceiling light panels in the kitchen further reflect an outdated style that requires modernization to meet higher quality standards.
Situated in the highly desirable Lower Queen Anne neighborhood on a quiet dead-end street, the property offers exceptional walkability to Kinnear Park, the Space Needle, and a vibrant array of dining and entertainment.
With no rental cap and a well-managed HOA, this property serves as an excellent opportunity for both long-term investors and those seeking a versatile pied-à-terre in the heart of Seattle.
The generous 1,071 sqft floor plan features updated bathrooms, a cozy fireplace, and a private deck with peek-a-boo views of the Sound, offering a blend of comfort and modern appeal.
Built in 1982, the building may lack the modern energy-efficient systems and contemporary amenities found in newer luxury developments, potentially leading to higher long-term maintenance considerations.
The monthly association fee of $663 is relatively high for the price point, which may impact overall affordability and the debt-to-income ratio for prospective buyers.
Sitting in a quiet, dead-end street, welcome to this well maintained home in Seattle's desirable lower Queen Anne neighborhood. Situated next to Kinnear Park, enjoy quick walks to all Seattle has to offer: dining, shopping, Space Needle, PNW ballet, and more! Come in to find a spacious floor plan, with cozy fireplace and private deck w/ peek-a-boo views of the Sound. Cozy up to your fireplace to enjoy quiet evenings at home, or step out on the town at your fingertips. With updated bathrooms, large primary suite w/ en suite bath, and ample storage, this is the perfect place to call home or a perfect pied-à-terre escape. 1 parking/1 storage included, and even parking for guests! No rental cap and well run HOA, welcome home!
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 1.1 mi
Grades 6-8 • 0.8 mi
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 | 1982 | - | 0% |
| HOA | $663 | $0 | 0% |
| Days on market | - | - | 0% |
Apr 8, 2026
$525,000
Initial Listing