This Turnkey Condominium is a Strong Value Opportunity, listed at $399,000—positioned well below the $411,361 Fair Market Value by 3%. This valuation gap offers $12,361 in Instant Equity. Featuring a Good Condition Rating with a Granite Kitchen and Panoramic Rooftop Views, the unit is move-in ready. Located in a highly walkable Queen Anne neighborhood near top-rated schools, this property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a stable, high-demand urban asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 626 4th Avenue W #306 Subject 2 bd · 2 ba · 709 sqft · $580 | $399,000* List Price | 2 | 2 | 709 | $580 | - |
A 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 |
B 200 W Comstock Street 102 Sold 1 bd · 1 ba · 707 sqft · $686 · 0.4 mi | $485,000 | 1 | 1 | 707 | $686 | 0.4 mi |
C 912 3rd Avenue W 101 Sold 2 bd · 2 ba · 800 sqft · $536 · 0.1 mi | $429,000 | 2 | 2 | 800 | $536 | 0.1 mi |
D 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 |
E 912 3rd Avenue W 501 Sold 2 bd · 2 ba · 853 sqft · $463 · 0.1 mi | $395,000 | 2 | 2 | 853 | $463 | 0.1 mi |
F 120 1st Avenue W 306 Sold 1 bd · 1 ba · 603 sqft · $575 · 0.5 mi | $346,500 | 1 | 1 | 603 | $575 | 0.5 mi |
G 522 W Mercer Place 401 Sold 2 bd · 2 ba · 985 sqft · $518 · 0.1 mi | $510,000 | 2 | 2 | 985 | $518 | 0.1 mi |
H 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 |
I 530 4th Avenue W 508 Active 1 bd · 1 ba · 707 sqft · $707 · 0.1 mi | $500,000 List Price | 1 | 1 | 707 | $707 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1996 (28 years old) but qualifies as Good due to recent cosmetic renovations including new vinyl plank flooring, carpet, and fresh paint. The kitchen features updated granite countertops and stainless steel appliances, and the bathroom vanity has been refreshed, making the unit move-in ready and well-maintained.
Situated in the heart of Queen Anne, this property offers exceptional walkability to local cafes, dining, and grocery stores, ensuring a vibrant and convenient urban lifestyle.
With recent updates including new vinyl plank flooring, fresh interior paint, and a refreshed bathroom vanity, the home is move-in ready and requires no immediate capital expenditure.
The absence of a rental cap provides significant value for investors or homeowners seeking future rental income potential in a high-demand Seattle neighborhood.
The monthly association fee of $1,221 is notably high for a 709-square-foot unit, which may deter budget-conscious buyers and impact overall monthly affordability.
At just 709 square feet for a two-bedroom, two-bathroom configuration, the interior layout may feel constrained compared to other residential options in this price bracket.
Welcome home to this light-filled 2-bedroom, 2-bath condo in one of Queen Anne's most walkable and sought-after neighborhoods. Enjoy the convenience of being just steps from neighborhood coffee shops, popular restaurants, grocery stores, and everything this vibrant community has to offer. Inside, you'll find a bright, open-concept floor plan featuring a spacious kitchen with granite countertops, stainless steel appliances, and seamless flow into the living are. Both generously sized bedrooms offer ample closet space, while recent updates include new carpet, vinyl plank flooring, fresh interior paint, and a beautifully refreshed bathroom vanity, making this home truly move-in ready. Take in breathtaking panoramic views from the rooftop deck, the perfect place to relax or entertain guests. The building has also been recently updated with refinished decks, providing added peace of mind and enhanced curb appeal. No rental cap, making this an excellent opportunity for both homeowners and investors. Don't miss your chance to own this turnkey condo in the heart of Queen Anne!
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 1.0 mi
Grades 6-8 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 709 | 1,048.033 |
| Lot Size | - | 1,930.425 |
| Price | $399.0K | $548.3K |
| Price per sq ft | $563 | $551 |
| Built year | 1996 | 1997 |
| HOA | $1221 | $317 |
| Days on market | 78 | 63 |
Aug 7, 2026
$399,000
Initial Listing