
Seattle, WA 98118
This Turnkey Condominium represents a High-Potential Investment Opportunity, listed at $279,999—positioned well below the $293,056 Fair Market Value by 4%. This valuation gap offers $13,057 in Instant Equity. Featuring a Mint Condition Rating with recent renovations, the unit includes a covered balcony with Lake Washington views and access to a heated pool and sauna. While the short sale status requires patience, this property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in-ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9030 Seward Park Avenue S 311 Subject 1 bd · 1 ba · 722 sqft · $406 | $279,999* List Price | 1 | 1 | 722 | $406 | - |
A 4525 S Henderson Street 102 Active 2 bd · 1 ba · 772 sqft · $452 · 0.5 mi | $349,000 List Price | 2 | 1 | 772 | $452 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although the building was constructed in 1971, the unit itself has undergone a comprehensive recent renovation including updated flooring, bathroom, interior paint, and new doors. The interior presents in mint, turnkey condition with modern recessed lighting and contemporary finishes, meeting the criteria for a renovation under 5 years old.
The unit features modern updates including new flooring, interior paint, doors, and a remodeled bathroom, offering a move-in-ready experience.
Residents benefit from premium facilities including a heated pool, sauna, and a waterfront recreation room, enhancing the overall lifestyle value.
Positioned below the rental cap with a competitive price point, this property offers an excellent opportunity for both homeowners and investors.
The property is a short sale, which typically involves a more complex and lengthy closing process subject to third-party lender approval.
The assigned public schools, particularly the high school, have low performance ratings, which may be a concern for families and future resale.
Updated spacious unit with covered balcony and a corner view of Lake Washington. Unit features a one bedroom with walk-in closet and one full bath. Updated flooring, bathroom, interior paint, and new doors. Secured gated parking with one assigned space and private storage. Community includes heated pool and cabana, sauna, waterfront recreation room with full kitchen and pool table, and lobby lounge. HOA dues include sewer, water, and garbage. The building is currently sitting below the rental cap. This turnkey property represents an exceptional opportunity for homeowners and savvy investors alike. This is a short sale.
No exterior & parking available.
Grades PK-5 • 0.5 mi
Grades PK-5 • 0.6 mi
Grades K-5 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 722 | 1,048.033 |
| Lot Size | - | 1,930.425 |
| Price | $280.0K | $548.3K |
| Price per sq ft | $388 | $551 |
| Built year | 1971 | 1997 |
| HOA | $558 | $317 |
| Days on market | 45 | 63 |
Sep 9, 2026
$279,999
Initial Listing