
Seattle, WA 98117
This Spacious 2-Bedroom Condominium is a Strong Value Opportunity, listed at $510,000—positioned well below the $535,995 Fair Market Value by 4%. This valuation gap offers $25,995 in Instant Equity. Featuring a Fair Condition Rating, the unit provides a solid foundation for cosmetic modernization. With no common walls, a private deck, and proximity to top-rated schools like Loyal Heights Elementary, it balances lifestyle with financial upside. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking entry into a prime Seattle neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7518 24th Avenue NW 201 Subject | $510,000* List Price | 2 | 2 | 1,247 | $430 | - |
A 8501 12th Avenue NW #107 Pending | $499,999 List Price | 2 | 2 | 1,045 | $478 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1979, the property is well-maintained but features a dated kitchen with oak cabinetry and white appliances consistent with a 20+ year old renovation style. While it has functional improvements like new windows and a newer hot water tank, the overall interior finishes and electric baseboard heating systems are dated and require modernizing to meet current market standards.
This rare unit features no common walls and a spacious 1,247 sqft floor plan that lives like a single-family home, offering a level of quiet and seclusion seldom found in condominium living.
The home boasts desirable western and southern exposures for maximum sunlight, complemented by significant upgrades including new windows and extra-thick insulation for enhanced climate control.
With relatively low monthly dues of $501 and no rental cap, this pet-friendly property offers excellent flexibility for long-term appreciation or immediate rental income.
Built in 1979, the building may lack the modern architectural aesthetic and high-end communal amenities, such as a fitness center or rooftop lounge, found in newer Seattle developments.
The unit includes only one assigned parking space, which may be a challenge for multi-vehicle households in the high-demand Ballard neighborhood.
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.Well-appointed with modern appliances, programmable thermostat, and central vac readiness, this home also includes elevator access, secure entry with intercom, and one 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). Convenient transit options nearby offer quick connections to Northgate, light rail, South Lake Union, downtown Seattle, and beyond. Close to Loyal Heights Community Center, parks, shopping, and more—this is 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1979 | - | 0% |
| HOA | $501 | $0 | 0% |
| Days on market | - | - | 0% |
May 15, 2026
$510,000
Initial Listing
Mar 20, 1989
$69,000
Public Record