This High-Potential Investment Opportunity is listed at a List Price of $799,950, positioned well above the $660,642 Fair Market Value by -21%. While the property carries a premium, it offers a Condition Rating of 4, featuring a spacious 1,453 sqft layout with an expansive deck and panoramic Sound views. The unit provides rare urban utility with two assigned parking spaces and dual storage units. This property is best suited for Buy-and-Hold Investors or Owner-Occupants prioritizing a prime, walkable Queen Anne lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 620 W Mercer Place #2B Subject 2 bd · 2 ba · 1,453 sqft · $455 | $799,950* List Price | 2 | 2 | 1,453 | $455 | - |
A 2040 13th Avenue W 13 Sold 2 bd · 2 ba · 1,260 sqft · $468 · 0.9 mi | $590,000 | 2 | 2 | 1,260 | $468 | 0.9 mi |
B 601 W Mercer Place 301 Active 2 bd · 2 ba · 1,513 sqft · $521 · 0.0 mi | $789,000 List Price | 2 | 2 | 1,513 | $521 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1978 (48 years old) with no specific mention of a recent full renovation. While the primary bath features dual sinks and shower heads suggesting some updates, the sunken living room and wood-burning fireplace are dated architectural features. The property is functional and well-maintained but likely requires cosmetic modernization to meet current market standards.
Situated in the heart of Queen Anne, this property offers exceptional walkability to Climate Pledge Arena, Elliott Bay waterfront, and local parks, providing a premier urban lifestyle.
The condo features a large private deck with stunning Sound and mountain views, offering a seamless indoor-outdoor flow that is highly coveted in the Seattle market.
Rare for urban condominiums, this unit includes two assigned parking spaces plus two separate storage units, providing significant utility and convenience for residents.
The association fee of $1,207 per month is relatively high, which may deter budget-conscious buyers and impact the property's overall affordability.
With 238 days on the market, the property may face perception challenges regarding its pricing or condition relative to faster-moving local inventory.
Stunning view condo with expansive deck & walkable location. Experience breathtaking views from this bright, 2-bedroom, 1.75 bath condo. The open floor plan is illuminated by natural light and opens onto a large deck - perfect for seamless indoor-outdoor living. Home features: *Living room: a sunken living room with cozy wood burning fireplace flows into the dining area. *Full kitchen: features ample storage, appliances and plentiful counterspace. *Primary room: a massive bedroom with a gorgeous sound view and deck access. The primary bathroom features dual shower heads, dual sinks with plenty of vanity storage and a large walk in closet with plenty of drawers of hanging space. Exceptional amenities & location: *2 assigned parking spaces + 4 visitor spots *2 private separate storage units in the bedroom: 1 in secure garage, 1 on 2nd floor. *Walk to shops, cafes, restaurants, grocery stores, Climate Pledge Arena, Elliot Bay waterfront, Kerry Park, Centennial Park and play tennis at Kinnear Park from your front door.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,453 | 1,048.033 |
| Lot Size | - | 1,930.425 |
| Price | $800.0K | $548.3K |
| Price per sq ft | $551 | $551 |
| Built year | 1978 | 1997 |
| HOA | $1207 | $317 |
| Days on market | 267 | 63 |
Jan 30, 2026
$799,950
Initial Listing