626 4th Avenue W #504, Seattle, WA 98119, Seattle, 98119 - 2 bed, 2 bath
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626 4th Avenue W #504
Seattle, WA 98119
ACTIVE
CONDITION: GOOD
2Beds
2Baths
693Sq Ft
0Lot Size
Property Price
LIST PRICE$450,000
EST. MARKET VALUE
$430,721
4% AboveMARKET VALUE
SUMMARY
This High-Potential Investment Opportunity is a 2-bedroom, 1.75-bath condo listed at $450,000, positioned slightly above the $430,722 Fair Market Value. While the price reflects the premium location, the property offers significant utility with three dedicated parking spaces and no rental cap, making it a versatile asset. Featuring a Condition Rating of 3, the unit is move-in ready with granite counters and panoramic views. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-walkability lifestyle near top-rated schools.
Estimated Market Value
$430,721
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 |
|---|---|---|---|---|---|---|
★ 626 4th Avenue W #504 Subject 2 bd · 2 ba · 693 sqft · $622 | $450,000* List Price | 2 | 2 | 693 | $622 | - |
A 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 |
B 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 |
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 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 |
H 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.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 1996, this condo is well-maintained, functional, and move-in ready. The kitchen features updated granite countertops and stainless steel appliances, and the overall interior shows clean finishes and modern laminate flooring, showing no signs of major deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Iconic Views & Prime Location
This top-floor unit offers breathtaking panoramic views of Puget Sound, Mount Rainier, and the Space Needle, situated in a highly walkable Queen Anne neighborhood near major attractions and transit.
- Superior Parking Assets
Rare for urban condo living, the property includes three dedicated parking spaces—one in a gated garage and two additional tandem carport spaces—providing significant convenience and value.
- Investment Potential
With no rental cap, this property offers excellent flexibility for investors or owner-occupants looking for long-term rental options in a high-demand Seattle market.
CONSRISKS & DEFICIENCIES
- High Monthly Dues
The association fee of $1,195 per month is substantial relative to the listing price, which may deter budget-conscious buyers or impact overall financing eligibility.
- Limited Square Footage
At just 693 square feet for a two-bedroom, two-bath configuration, the interior living space is quite compact, potentially feeling restrictive for those requiring more room.
About 626 4th Avenue W #504
Enjoy sweeping Puget Sound, Mount Rainier and Space Needle views from this top-floor 2-bedroom, 1.75-bath Queen Anne condo. The open-concept living and dining areas feature abundant natural light and large windows framing the views. The kitchen offers granite counters and stainless appliances, while both bedrooms provide ample closet space. In-unit washer/dryer. Take in panoramic scenery and sunsets from the private balcony or rooftop deck. Exceptional walkability: approx. 13 minutes to Climate Pledge Arena, 10 minutes to SIFF Cinema Uptown, Kerry Park, Kinnear Park with off-leash dog area and tennis courts, and Myrtle Edwards Park on the waterfront. Safeway is just a 5-minute walk. Includes a designated parking space in the gated garage, plus two additional tandem carport spaces. No rental cap offers flexibility for owner-occupants and investors. A rare combination of views, parking, convenience and location. Located on the same block as the RapidRide D Line bus stop.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1996
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $1195 / Month
Neighborhood Insights
Seattle Unified Schools
Hay Elementary School
Grades K-5 • 0.7 mi
7/10
Queen Anne Elementary School
Grades K-5 • 1.0 mi
8/10
Mcclure Middle School
Grades 6-8 • 0.8 mi
8/10
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 | 693 | 1,048.033 |
| Lot Size | - | 1,930.425 |
| Price | $450.0K | $548.3K |
| Price per sq ft | $649 | $551 |
| Built year | 1996 | 1997 |
| HOA | $1195 | $317 |
| Days on market | 59 | 63 |
Pricing History
Listed for Sale
Aug 26, 2026
$450,000
Initial Listing