This Move-In Ready Condominium represents a Strong Value Opportunity, listed at $359,000—positioned well below the $380,693 Fair Market Value by 5%. This valuation gap offers $21,693 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the unit includes modern bamboo flooring, updated appliances, and a private deck with Space Needle views. Its prime Lower Queen Anne location ensures high walkability, making this an ideal acquisition for first-time buyers or urban professionals seeking a turnkey lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 530 4th Avenue W #206 Subject 1 bd · 1 ba · 745 sqft · $511 | $359,000* List Price | 1 | 1 | 745 | $511 | - |
A 521 5th Avenue W 103 Sold 1 bd · 1 ba · 716 sqft · $571 · 0.1 mi | $409,000 | 1 | 1 | 716 | $571 | 0.1 mi |
B 17 W Mercer Street 104 Sold 0 bd · 1 ba · 815 sqft · $417 · 0.2 mi | $340,000 | 0 | 1 | 815 | $417 | 0.2 mi |
C 120 1st Avenue W 306 Sold 1 bd · 1 ba · 603 sqft · $575 · 0.4 mi | $346,500 | 1 | 1 | 603 | $575 | 0.4 mi |
D 912 3rd Avenue W 101 Sold 2 bd · 2 ba · 800 sqft · $536 · 0.2 mi | $429,000 | 2 | 2 | 800 | $536 | 0.2 mi |
E 912 3rd Avenue W 501 Sold 2 bd · 2 ba · 853 sqft · $463 · 0.2 mi | $395,000 | 2 | 2 | 853 | $463 | 0.2 mi |
F 275 W Roy Street 315 Sold 1 bd · 1 ba · 598 sqft · $619 · 0.1 mi | $370,000 | 1 | 1 | 598 | $619 | 0.1 mi |
G 601 W Mercer Place 304 Sold 2 bd · 2 ba · 838 sqft · $525 · 0.2 mi | $440,000 | 2 | 2 | 838 | $525 | 0.2 mi |
H 530 4th Avenue W 206 Active 1 bd · 1 ba · 745 sqft · $482 · 0.0 mi | $359,000 List Price | 1 | 1 | 745 | $482 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2003 (23 years old), the property exceeds the 'Fair' threshold due to significant updates including new bamboo flooring, carpet, appliances, and a replaced hot water heater, making it move-in ready and well-maintained.
Situated in Lower Queen Anne, the property offers exceptional access to the Seattle Center, transit, and local amenities, boasting a high walk score for urban living.
The unit features modern upgrades including bamboo flooring, new carpet, and updated appliances, providing a move-in-ready experience with added value.
A significant price reduction combined with relatively low HOA dues makes this an affordable entry point into one of Seattle's most desirable neighborhoods.
With 58 days on the market, the property may be perceived as having less momentum, potentially signaling previous overpricing or specific buyer hesitation.
The 745-square-foot, one-bedroom configuration may restrict appeal for buyers requiring more versatile space or a dedicated home office area.
HUGE PRICE REDUCTION + Low HOA dues = this could be your lucky day. Say hello to this stylish one bedroom condo with a view of The Space Needle. This light, bright and affordable unit is located on lower Queen Anne where you'll enjoy the walkability of the neigborhood with transit, entertainment, shopping and more at your doorstep. Walk to events at The Seattle Center. Lots of updates - carpet, bamboo flooring, appliances, hot water heater. Washer/dryer in the unit. Your own private deck to sip your morning coffee or your evening cocktail. One parking spot and extra storage space in the secure garage. Amazing rooftop deck for hanging out and enjoying the massive water and city views. Welcome Home!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 745 | 1,048.033 |
| Lot Size | - | 1,930.425 |
| Price | $359.0K | $548.3K |
| Price per sq ft | $482 | $551 |
| Built year | 2003 | 1997 |
| HOA | $425 | $317 |
| Days on market | 87 | 63 |
Jul 29, 2026
$359,000
Initial Listing