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: FAIR
2Beds
2Baths
693Sq Ft
0Lot Size
Property Price
LIST PRICE$490,000
EST. MARKET VALUE
$438,682
11% AboveMARKET VALUE
SUMMARY
This Queen Anne Condominium represents a High-Potential Investment Opportunity, listed at a List Price of $490,000—positioned well above the $438,683 Fair Market Value by -11%. While priced at a premium, the unit features Iconic Panoramic Views and Exceptional Parking Assets with three dedicated spaces. With a Fair Condition Rating and no rental cap, this property offers significant flexibility. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-walkability lifestyle near top-rated schools and waterfront parks.
Estimated Market Value
$438,682
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 | $490,000* List Price | 2 | 2 | 693 | $633 | - |
A 530 4th Avenue W 503 Sold | $459,000 | 1 | 1 | 876 | $524 | 0.1 mi |
B 521 5th Avenue W 103 Sold | $409,000 | 1 | 1 | 716 | $571 | 0.1 mi |
C 275 W Roy Street 315 Sold | $370,000 | 1 | 1 | 598 | $619 | 0.1 mi |
D 521 5th Avenue W 602 Sold | $453,000 | 1 | 1 | 907 | $499 | 0.1 mi |
E 601 W Mercer Place 304 Pending | $449,000 List Price | 2 | 2 | 838 | $536 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1996 (28 years old), the property falls into the 'Fair' category as it is over 20 years old. While the kitchen has been partially updated with granite countertops and stainless steel appliances, the cabinetry and laundry systems appear dated. The unit is well-maintained and move-in ready, but the overall aesthetic and original systems suggest a need for minor modern updates.
PROSSTRENGTHS & OPPORTUNITIES
- Iconic Panoramic Views
As a top-floor unit, the property offers breathtaking, sweeping views of the Space Needle, Puget Sound, and Mount Rainier, providing a premium Seattle aesthetic.
- Exceptional Parking Assets
Rare for a metropolitan condo, this unit includes three parking spaces—one in a gated garage and two tandem carport spaces—offering significant convenience and resale value.
- Investment Flexibility
The absence of a rental cap provides immediate flexibility for investors or owner-occupants who may wish to convert the property into a rental in the future.
CONSRISKS & DEFICIENCIES
- High Association Fees
The monthly HOA fee of $1,195 is considerably high for a 693-square-foot unit, which may deter budget-conscious buyers and impact overall monthly affordability.
- Compact Living Space
With only 693 square feet allocated for a two-bedroom, 1.75-bath layout, the interior living areas and bedrooms may feel constrained compared to standard market offerings.
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 | 1,034.227 |
| Lot Size | - | 2,208.034 |
| Price | $490.0K | $552.8K |
| Price per sq ft | $707 | $559 |
| Built year | 1996 | 1997 |
| HOA | $1195 | $311 |
| Days on market | 14 | 63 |
Pricing History
Listed for Sale
Aug 26, 2026
$490,000
Initial Listing