
Seattle, WA 98117
This Spacious 2-Bedroom Condominium represents a Strong Value Opportunity, listed at $477,000, which aligns perfectly with its $477,000 Fair Market Value. Featuring a Condition Rating of 3, this move-in ready home offers a rare, single-family-style layout with no common walls, a wood-burning fireplace, and a generous deck. Located in the highly-rated Loyal Heights and Ballard school districts, the property provides both lifestyle stability and long-term rental flexibility. This is an ideal acquisition for first-time buyers or Owner-Occupants seeking a quiet, well-maintained urban sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7518 24th Avenue NW #201 Subject 2 bd · 2 ba · 1,247 sqft · $383 | $477,000* List Price | 2 | 2 | 1,247 | $383 | - |
A 8501 12th Avenue NW 307 Sold 2 bd · 2 ba · 1,116 sqft · $457 · 0.9 mi | $510,000 | 2 | 2 | 1,116 | $457 | 0.9 mi |
B 8501 12th Avenue NW #107 Sold 2 bd · 2 ba · 1,045 sqft · $493 · 0.9 mi | $515,000 | 2 | 2 | 1,045 | $493 | 0.9 mi |
C 7518 24th Avenue NW 301 Sold 2 bd · 2 ba · 1,247 sqft · $390 | $486,000 | 2 | 2 | 1,247 | $390 | - |
D 2801 NW 85th Street Sold 3 bd · 2 ba · 1,460 sqft · $421 · 0.5 mi | $615,000 | 3 | 2 | 1,460 | $421 | 0.5 mi |
E 8000 28th Avenue NW 320 Pending 1 bd · 1 ba · 884 sqft · $481 · 0.3 mi | $425,000 List Price | 1 | 1 | 884 | $481 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1979 but exceptionally well-maintained and move-in ready. The property features key updates including new windows, extra insulation, modern appliances, and a newer hot water tank. The interior is clean, functional, and shows no immediate signs of deferred maintenance.
This rare unit features no common walls and a spacious 1,247 sqft layout that lives like a single-family home, offering a level of quiet and privacy seldom found in condominium living.
The property is part of a self-managed HOA with low monthly dues of $501, no active assessments, and no rental cap, providing excellent long-term value for both owners and investors.
Benefiting from western and southern exposures, the home is equipped with new windows and extra-thick insulation, ensuring abundant natural light and superior climate control.
With 135 days on the market, the property may be facing buyer hesitation, potentially due to its initial pricing strategy or the competitive nature of newer inventory in Ballard.
Built in 1979, the building lacks the modern architectural aesthetics and high-end communal amenities found in contemporary Seattle developments.
$5,000 SELLER CREDIT! Your choice of savings! Use it to buy down your interest rate, offset closing costs, or free up cash for updates to make this home your own! Rare opportunity to own a spacious 2-bedroom, 1.75-bath home that lives like a single-family residence—available for the first time in 30 years. Located in a low-turnover, boutique building, this unit offers exceptional privacy with no common walls and abundant natural light from western and southern exposures. Thoughtfully updated with new windows and extra-thick insulation for year-round comfort, the home features a wood-burning fireplace, a generous deck, and territorial views surrounded by lush greenery in the summer months. The large primary suite includes two closets and an ensuite bath, while ample storage throughout, plus a separate secure storage area adds to the home’s livability. A dedicated utility room with pantry, in-unit washer/dryer, walk-in linen closet, and a newer hot water tank provide everyday convenience. Enjoy elevator access, secure entry with intercom and 1 assigned parking space. Enjoy a small, quiet, self-managed HOA with low dues of $501/month, covering water, sewer, garbage, common area maintenance, elevator, and building insurance. Pet-friendly with rental flexibility (no cap). No Assessments! Convenient transit options nearby offer quick connections to Northgate, light rail, South Lake Union, downtown Seattle, and beyond. Close to parks, shopping- urban living with a neighborhood feel.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades PK-5 • 0.8 mi
Grades 6-8 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,247 | 1,048.033 |
| Lot Size | 1 | 1,930.425 |
| Price | $477.0K | $548.3K |
| Price per sq ft | $383 | $551 |
| Built year | 1979 | 1997 |
| HOA | $501 | $317 |
| Days on market | 162 | 63 |
May 15, 2026
$477,000
Initial Listing
Mar 20, 1989
$69,000
Public Record