5057 37th Avenue S #B, Seattle, WA 98118, Seattle, 98118 - 2 bed, 2 bath
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5057 37th Avenue S #B
Seattle, WA 98118
ACTIVE
CONDITION: EXCELLENT
2Beds
2Baths
1,092Sq Ft
3,682Lot Size
Property Price
LIST PRICE$525,000
EST. MARKET VALUE
$566,813
7% BelowMARKET VALUE
SUMMARY
This Modern Turnkey Condominium represents a Strong Value Opportunity, listed at $550,000—positioned well below the $580,090 Fair Market Value by 5%. This valuation gap offers $30,090 in Instant Equity for the buyer. Featuring a 2019 build date and a Mint Condition Rating, this south-facing unit includes a private rooftop deck with panoramic views. Located in vibrant Columbia City, this property is an ideal acquisition for Owner-Occupants or first-time buyers seeking a dynamic, low-maintenance urban lifestyle.
Estimated Market Value
$566,813+$41,813 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 |
|---|---|---|---|---|---|---|
★ 5057 37th Avenue S #B Subject 2 bd · 2 ba · 1,092 sqft · $519 | $525,000* List Price | 2 | 2 | 1,092 | $519 | - |
A 3538 S Dawson Street Sold 2 bd · 2 ba · 1,000 sqft · $536 · 0.1 mi | $536,000 | 2 | 2 | 1,000 | $536 | 0.1 mi |
B 3548 S Dawson Street Sold 2 bd · 2 ba · 1,006 sqft · $585 · 0.1 mi | $589,000 | 2 | 2 | 1,006 | $585 | 0.1 mi |
C 3538 S Dawson Street Sold 2 bd · 2 ba · 964 sqft · $556 · 0.1 mi | $536,000 | 2 | 2 | 964 | $556 | 0.1 mi |
D 3552 S Dawson Street Sold 2 bd · 2 ba · 964 sqft · $590 · 0.1 mi | $569,000 | 2 | 2 | 964 | $590 | 0.1 mi |
E 3540 S Dawson Street Sold 2 bd · 2 ba · 948 sqft · $564 · 0.1 mi | $535,000 | 2 | 2 | 948 | $564 | 0.1 mi |
F 3542 S Dawson Street Sold 2 bd · 2 ba · 1,006 sqft · $576 · 0.1 mi | $579,000 | 2 | 2 | 1,006 | $576 | 0.1 mi |
G 4004 Courtland Place S Sold 2 bd · 3 ba · 1,000 sqft · $550 · 0.8 mi | $550,000 | 2 | 3 | 1,000 | $550 | 0.8 mi |
H 5057 37th Avenue S B Active 2 bd · 2 ba · 1,092 sqft · $504 · 0.0 mi | $550,000 List Price | 2 | 2 | 1,092 | $504 | 0.0 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.
Built in 2019, this property is less than 10 years old and remains in mint condition. The images show a highly modern interior with contemporary flooring, pristine bathrooms featuring clean subway tile, and modern ductless mini-split HVAC systems, requiring absolutely no maintenance or updates.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Design & Natural Light
Built in 2019, this south-facing end-unit features a wall of windows that maximizes natural light throughout the year, complemented by contemporary finishes and privacy-enhancing blinds.
- Prime Urban Walkability
Located in the heart of vibrant Columbia City, the property offers immediate access to PCC Community Markets, the Royal Room, and diverse dining, making it ideal for those seeking a dynamic lifestyle.
- Premium Outdoor Space
The private rooftop deck provides impressive 360-degree views, offering a dedicated area for entertaining and a unique vantage point for local events like the Blue Angels.
CONSRISKS & DEFICIENCIES
- Compact Living Footprint
At 1,092 square feet distributed over multiple levels, the interior layout may feel restrictive for buyers accustomed to more expansive living areas or larger secondary bedrooms.
- Inconsistent School Ratings
While the area is served by several schools, many of the assigned public institutions currently hold lower performance ratings, which may be a concern for families prioritizing education.
About 5057 37th Avenue S #B
Columbia City is vibrant, alive with people gathering in the parks, enjoying jazz at the Royal Room, or delicious Hawaiian fusion at Marination, or simply shopping for groceries at PCC. That’s just a touch of what is to offer in this neighborhood, and these are just a few blocks from this end-unit home at 5057 37th Ave S. Built in 2019 and south facing, light shines into this home throughout the year. A wall of windows inspires the main living area, and top-down bottom-up blinds provide privacy while still allowing natural light to flow in. Upstairs you’ll find the primary suite, separate from the main gathering space, quiet and roomy. Before you head upstairs to the rooftop deck there is a small space for a desk, surrounded by windows. The rooftop deck provides 360 degree views and a fantastic place to entertain as the Blue Angels fly overhead. Down on the entry level there is an additional bedroom, bathroom, and laundry. Great for guests to utilize, and to fashion as a flex space that doubles as a home office. Home is here, and dynamic living is just blocks away.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2019
- Lot Size
- 3,682 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $22 / Month
Neighborhood Insights
Seattle Unified Schools
Dearborn Park Elementary School
Grades K-5 • 0.5 mi
3/10
Hawthorne Elementary School
Grades PK-5 • 0.7 mi
5/10
Brighton Elementary School
Grades PK-5 • 1.1 mi
3/10
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 | 1,092 | 1,048.033 |
| Lot Size | 3,682 | 1,930.425 |
| Price | $525.0K | $548.3K |
| Price per sq ft | $481 | $551 |
| Built year | 2019 | 1997 |
| HOA | $22 | $317 |
| Days on market | 38 | 63 |
Pricing History
Listed for Sale
Oct 6, 2026
$525,000
$550,000
-5% Price Drop
Initial Listing
Price Change
Sep 16, 2026
$550,000
Initial Listing